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Anyone else in Germany for an MBA?

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chili

Joined: 07 Oct 2006
Posts: 27
Anyone else in Germany for an MBA?
Wed Feb 21, 2007 07:53 AM
Hi Imad,
as far as I know many of the schools offering MBA in Germany are public schools and tend to have very low fees. I'd have to do a little research to name you some, I'll come back to you.
Pablo
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chili

Joined: 07 Oct 2006
Posts: 27
Anyone else in Germany for an MBA?
Thu Feb 22, 2007 12:31 PM
Hi Imad,
As I had thought, the good programs are as expensive as anywhere else, like ESMT in Berlin, 50,000 €
Until now I didn't find anything below 1000€, but an MBA in a public school is far less expensive than the above. Here a first example:
European University in Munich offers a 1-year MBA, and tuition is only 11 000€.
It's very low I think, and you have to be prepared, you'll have to invest something in your MBA. But it's worth it!

[Edited 22 Feb 2007 by chili]
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joergalbers


Joined: 08 Sep 2006
Posts: 33
Anyone else in Germany for an MBA?
Thu Mar 01, 2007 06:00 PM
I can only confirm the above, in Germany you'll find a long list of relatively cheap MBA programs compared to the international average. Very good programs have high fees though.
But you should go through the public Universities, I'm sure you'll find good bargains. Look at European University Viadrina, Frankfurt: 14500,-€ for 24 months, or Universität des Saarlandes even 5000,-€!
Good luck
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a_mukerjee


Joined: 08 Sep 2006
Posts: 189
Anyone else in Germany for an MBA?
Fri Mar 02, 2007 04:10 PM
Hi everyone,
fees in German public schools are really low in the international comparison. How about the quality? Are those MBAs of international standard or low fee, low quality? That's a least the case in other countries. Who can help?
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LaVoz de Galicia


Joined: 13 Dec 2005
Posts: 154
Anyone else in Germany for an MBA?
Fri Mar 02, 2007 05:24 PM
Schools such as ESMT, ESCP-EAP, HHL SIMT and WHU are definitely not low standard, but these are obviously not the low fee public schools you are talking about. As regards MBA programs offered by traditional (public) German universities, I would say that the level of education will be "ok" for most of them. There will not be much difference in teaching quality - in terms of academic education - is a egalitarian country. Germany has just begun to understand that it is important to have some elite schools as well in order to compete with schools in the rest of Europe and the US. There has been a national competition last year as a result of which a couple of schools (Heidelberg, TU and LMU Munich and some more) have been granted a lot of financial support by the German government. These schools are meant to become something like "German Harvards/Oxfords/Cambridges".

Back to MBA programs by German public schools in general: As I said, you will get a decent quality in most German schools. Public universities in Germany do not offer degree mill kind of MBA programs (as they exist in other countries). However, most of these programs will not be internationally known and many will require good command of the German language. I would rather apply to universities in internationally known cities such as Berlin, Munich, Hamburg, Cologne as this will look better in your CV.

Good luck!

[Edited 02 Mar 2007 by LaVoz de Galicia]
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a_mukerjee


Joined: 08 Sep 2006
Posts: 189
Anyone else in Germany for an MBA?
Sat Mar 03, 2007 03:00 PM
Thanks for this explanation.
Regarding those schools you mention that got the extra public funding as elite schools, Heidelberg and Munich, would you advise the MBA programs there, are they better than the average? If Heidelberg does offer an MBA at all - didn't check.
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Viktor

Joined: 02 Mar 2007
Posts: 2
Anyone else in Germany for an MBA?
Sat Mar 03, 2007 11:10 PM
Hi,everyone. I've just started my searching process, so I have no clue yet. It seems hard for me to aim at the top programs 30-50 000 E.Considering the great variety of German programs and the lack of top international recognition, it is obvious for me that the German advantadge is the low public schools charges. Does anyone have an idea which of those cheaper MBA's should be considered "Best Value"? I mean, best education and recognition for the funds invested?Or is there a state owned Unis ranking?Tnhaks a lot :)
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LaVoz de Galicia


Joined: 13 Dec 2005
Posts: 154
Anyone else in Germany for an MBA?
Sun Mar 04, 2007 08:36 AM
This link has a ranking of German universities in the field of business studies: www.vhb.de/vhb/download/karriere/hochschulranking_…
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LaVoz de Galicia


Joined: 13 Dec 2005
Posts: 154
Anyone else in Germany for an MBA?
Sun Mar 04, 2007 08:44 AM
Regarding those schools you mention that got the extra public funding as elite schools, Heidelberg and Munich, would you advise the MBA programs there, are they better than the average? If Heidelberg does offer an MBA at all - didn't check.


I am not aware of an MBA offered by Heidelberg. Uni Munich and TU Munich are ranked among the top 12 business schools in Germany by the magazine "karriere" (see link above). As regards international reputation, I would even say that Uni/TU Munich should be in the top 5.

I think Uni Munich does not offer an MBA. The link to the TU program is www.wi.tum.de/mba/index_html . TU Munich also offers an Executive MBA in Communication and Leadership (www.find-mba.com/university/2157/technische-univer…)
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a_mukerjee


Joined: 08 Sep 2006
Posts: 189
Anyone else in Germany for an MBA?
Mon Mar 05, 2007 10:24 AM
Thanks la Voz, very helpful link you mention showing the ranking of German MBAs!
Attiya
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Herocoder

Joined: 13 Nov 2007
Posts: 4
Anyone else in Germany for an MBA?
Wed Nov 14, 2007 10:11 AM
Hi all ..

I'm new to Köln and from India. I'm going be around for the next two years.. I would meanwhile like to complete my post graduation and most preferably my MBA .. Since I would be funding my own studies, I would like a not too expensive part-time or weekend program. I also know German to my advantage.

I would be very grateful if anyone can assist me in finding a good University/ MBA part-time.

Thanks a lot for your help in advance.
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a_mukerjee


Joined: 08 Sep 2006
Posts: 189
Anyone else in Germany for an MBA?
Fri Nov 16, 2007 12:34 PM
Hi, you can do two Part-Time MBAs in Köln, but one is maybe not so interesting for you: it's specialised in "Global eManagement MBA", Universität zu Köln.

But have a look at the other one, at Rheinische Fachhochschule Köln. It might be suitable for you, part-time and not a very known school - so probably not expensive. There is no info about tuition on their site, you have to call them to find out.

But be aware, this is only advisable if it's a priority to spend little money and if is OK for you to do any MBA, because the school is not known internationally at all, and I guess the accreditations, if there are, will not be the relevant ones..

The opposite is valid about another school in the region: TiasNimbas. It's among the 10 best European schools.They have a campus in Bonn, and I think distance wise it is fine to do a part-time program in Bonn while living in Köln.
The school has a good reputation internationally, but therefore tough to get in, and expensive...

[Edited 16 Nov 2007 by a_mukerjee]
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Herocoder

Joined: 13 Nov 2007
Posts: 4
Anyone else in Germany for an MBA?
Fri Nov 16, 2007 02:50 PM
Hi,

thanks so much for trying to help out .. I'm working here and therefore can only do the part-time. I have heard that the fees gets to be tax deductible .. so maybe (am not too sure how much it would be there) I can afford a little bit more ..

I took a look at the sites you had mentioned. They are seem a little expensive for me.. cant be too sure abt the tax deduction part.. I saw this advertisement for www.fom.de .. please take a look at it and advise me on that .. sounds a much better option??

Thanks a lot for all your help ..
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Herocoder

Joined: 13 Nov 2007
Posts: 4
Anyone else in Germany for an MBA?
Tue Nov 20, 2007 01:01 PM
Hi,

Meanwhile I found out about the fees structure in Rheinische Fachhochschule .. it is about 12720 euros total for the four semesters.

I think the FOM might be a better option because of the affiliations it has with a lot of companies.

Meanwhile am trying to gain Info on other options also.
Would be happy with your valuable advice as well.

Thanks and Best Regards,

Shiv
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a_mukerjee


Joined: 08 Sep 2006
Posts: 189
Anyone else in Germany for an MBA?
Wed Nov 21, 2007 11:26 AM
Hello,

The price of FOM and Rheinische MBA are similar. You still say that it is too expensive for you? I think it is quite cheap - but on the other hand you get what you pay for in the sense that it is not an MBA that will open doors for you internationally.

Anyways, that's the case for most of the German MBAs, and you will see, if they are accredited it is generally not by AMBA or the other relevant international accreditation institutions but by FIBAA accrediting MBAs in the German speaking territories. Therefore it makes sense to invest all this money only if you intend to work in Germany afterwards, outside people won't know the MBA. But I understand that this is your plan.


FOM might be a better option, you are right, they seem to be more linked with business all over Germany. Also, Rehenische is not accredited by FIBAA and I wonder if it accredited at all, you should check. I would advise you to stay away from non accredited programs.

BTW you can deduct from your taxes 4000 euro per year of the costs of your MBA.

[Edited 21 Nov 2007 by a_mukerjee]
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Herocoder

Joined: 13 Nov 2007
Posts: 4
Anyone else in Germany for an MBA?
Wed Nov 21, 2007 04:05 PM
I'm not too sure where I'm going to work .. but I want to use this opportunity to do a PG .. and most preferably whats money worth and cant afford something too expensive either .. yeah .. do think FOM is a bit better option. Otherwise might have to think of other MS programmes.

Thanks a lot for your help. Just one other thing .. is that 4000 euros per annum or the 4000/11000 in the total fees thats what U mean?

Meanwhile will take some more time and research before I make my decision. thanks once again for all u've done.
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a_mukerjee


Joined: 08 Sep 2006
Posts: 189
Anyone else in Germany for an MBA?
Thu Nov 22, 2007 03:55 PM
OK, I see, but if you are not sure to stay in Germany you should maybe reconsider the plan of doing an MBA or let's say consider other options at the same time.

You could do a Master at any public German University ( and there are quite a few around in the region where you are now), it will be so much cheaper. The costs of public education (outside MBA I mean) are very low in Germany. Tuition varies from region to region, I don't know exactly what it is in Köln, but usually it is between 260-500 per semester (that even includes public transport and other side costs), so really nothing compared to an MBA. Maybe a German Master could also have some value for you abroad.

Anyways, don't forget, it is worth investing the money in an MBA ONLY if the title is of use for you afterwards.

[Edited 22 Nov 2007 by a_mukerjee]
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