Study Abroad Content Specialist
Business schools in Germany are ranked among the top 500 colleges in the QS Business and Management Rankings 2024. The German business schools offer several bachelor's and master's degrees in business. Technical University of Management, Mannheim Business School, WHU and LMU Munich School of Management are some of the top ranked business schools in Germany.
Majority German b schools offer MSc degrees in management, finance, and business admission. Those seeking to pursue MBA may apply to MBS, WHU - Otto Beisheim School of Management, and RWTH Aachen Business School. The tuition for studying a master's degree in top business schools of Germany ranges between €200 - €18,100 (₹18,007 - ₹16.29 lakhs) for bachelor’s and €200 - €48,500 (₹18,007 - ₹43.66 lakhs) for master's degree.
Also Check: Top MBA Colleges in Germany
Top 10 Business Schools in Germany
Tabulated below are the top 10 business schools in Germany as per the QS Business and Management Rankings for 2024:
| QS Business and Management Rankings 2024 | Top Business Schools | Popular Courses for International Students |
|---|---|---|
| #=80 | Technical School of Management | Master in Management | Master in Management & Technology | Master in Consumer Science | Bachelor in Management & Technology |
| #84 | Mannheim Business School | MBA | Master in Sustainability and Impact Management | Master of Accounting & Taxation | BBA | Master in Management |
| =127 | WHU - Otto Beisheim School of Management | MBA | Master in Management | Master Finance | Master in Business Analytics | Bachelor in International Business Administration |
| #151-200 | LMU Munich School of Management | MSc Business Administration | Master of Management and Digital Technologies | Master in Business Education | BSc Business Administration | BSc Business Education |
| #201-250 | Freie Universitaet Berlin School of Business and Economics | MS Finance, Accounting, Taxation & Supplements | MS Management & Marketing | MS Business Information Systems | MS in Economics | BSc Economics | BSc Business Administration |
| #201-250 | Humboldt-Universität zu Berlin School of Business and Economics | MA Business Administration | MA Economics | BSc Business Administration | BSc Economics |
| #201-250 | RWTH Aachen Business School | MBA | M.Sc. Management & Engineering in Technology, Innovation, Marketing & Entrepreneurship | MSc Data Analytics & Decision Science |
| #251-300 | Goethe Business School | MBA | MFin | Pharma MBA | Master of Global Finance & Economics |
| #251-300 | University of Cologne Business School | MSc Business Administration | MSc International Management | MSc Business Analytics & Econometrics | BSc Business Administration |
| #301-350 | University of Hamburg Business School | MSc in Business Administration | MSc in Business Mathematics | MSc Industrial Engineering and Management |
Technical School of Management
Technical School of Management is the business school of Technical University of Munich. The business school ranks no.1 in Germany and #80 globally in the QS Business and Management Rankings 2024. Technical School of Management offers 7 master's degrees and 3 bachelor's degrees across 3 campuses. Around 85-90% of the graduates from Technical School of Management secure employment after graduation within 6 of graduation.
| Technical School of Management Highlights | |
|---|---|
| Notable Rankings | #31 In QS Master of Management Ranking 2025 |
| Annual Tuition Fee | Bachelor’s Degree: €4,000 - €6,000 (₹3.60 lakhs- ₹5.40 lakhs) |
| Master’s Degree: €8,000 - €12,000 (₹7.20 lakhs - ₹10.80 lakhs) | |
| Total Student Body | 7,000 (3,739 International Students) |
| Placement | 85-90% |
| Average Graduate Salary | €60,000 (₹54.02 lakhs) |
Mannheim Business School
Mannheim Business School is affiliated with the University of Mannheim which offers 7 master's degrees, a BBA degree and short courses in business. The business school ranks among the top 50 MBA colleges as per the QS Global MBA Rankings 2025. Mannheim Business School demonstrates highly employability after graduation with 93% placement rate.
| Mannheim Business School Highlights | |
|---|---|
| Notable Rankings | #47 in QS Global MBA Rankings 2025#29 In QS Master of Management Ranking 2024#42 in QS Master's in Business Analytics Ranking 2024 |
| Annual Tuition Fee | Bachelor’s Degree: €3,000 (₹2.7 lakhs) |
| Master’s Degree: €3,000 - €45,000 (₹2.7 lakhs - ₹40.51 lakhs) | |
| Total Student Body | 640 (60% International Students) |
| Placement Rate | 93% |
| Average Graduate Salary | €98,849 (₹89 lakhs) |
WHU - Otto Beisheim School of Management
WHU offers a wide range of business courses including 2 bachelors, 6 specialized masters, and an MBA with multiple modes of delivery. The business has been ranked among the top 50 in QS Business Masters Rankings 2025 for finance and management. It also ranks #55 in the QS Global MBA Rankings for 2025. Graduates of WHU - Otto Beisheim School of Management typically earn an average salary of €65,900 (₹59.33 lakhs).
| WHU - Otto Beisheim School of Management Highlights | |
|---|---|
| Notable Rankings | #55 in QS Global MBA Rankings 2025#24 In QS Master of Management Ranking 2025#28 in QS Master' of Finance Ranking 2025 |
| Annual Tuition Fee | Bachelor’s Degree: €18,100 (₹16.29 lakhs) |
| Master’s Degree: €32,200 - €48,500 (₹7.20 lakhs - ₹43.66 lakhs) | |
| Total Student Body | 2,000+ |
| Placement Rate | 92% |
| Average Graduate Salary | €65,900 (₹59.33 lakhs) |
LMU Munich School of Management
LMU Munich School of Management is one leading institute In Germany for business administration. It is ranked among the top 10 colleges in Germany for auditors by Manager Magazine. There is no tuition fee required for both bachelor’s and master's degrees at LMU Munich School of Management. You only need to pay a semester fee of €100 (₹9,015).
| LMU Munich School of Management Highlights | |
|---|---|
| Notable Rankings | #9 among Best Universities in Germany for Auditors by Manager Magazine |
| Annual Tuition Fee | Bachelor’s Degree: €200/₹18,007 (€100 per semester) |
| Master’s Degree: €200/₹18,007 (€100 per semester) | |
| Total Student Body | 3,844 |
Free University of Berlin School of Business and Economics
Free University of Berlin School of Business and Economics offers BSc in economics and business administration as well as MSc degree in 6 different fields of business. Just like LMU, Free University of Berlin does charge any tuition fee instead it requires a semester fee of €326.40 (₹29,426).
| Freie Universitaet Berlin School of Business and Economics Highlights | |
|---|---|
| Notable Rankings | #326 in Best Universities for Economics and Business by U.S. News and World Report 2024-25 |
| Annual Tuition Fee | Bachelor’s Degree: €652.8/₹58,787 (€326 semester fee ) |
| Master’s Degree: €652.8/₹58,787 | |
| Total Student Body | 2.608 (21% International Students) |
Due to its high standard of instruction, diverse faculty, program's worldwide applicability (because the majority of courses are management courses in Germany with English instruction), and many other factors, Germany is quickly becoming renowned for its management program The educational system in Germany is known for its quality, research, welcoming environment and affordability. For some universities, there is no tuition fee, whereas the return of investment is high.
FAQs
Ques. Is business studies free in Germany?
Ans. In Germany, the majority of public colleges provide tuition-free education. Administrative costs for a semester of business study at one of Germany's public institutions are only up to EUR200 ($243). This is true at the majority of public institutions in Germany for both domestic and foreign students.
Ques. Can I work while studying at a Business School in Germany?
Ans. Yes, international students can work part-time in Germany. You are allowed to work up to 120 full days or 240 half days per year during your studies.
Ques. Are there any age restrictions for applying to Business Schools in Germany?
Ans. No, there are no specific age restrictions for applying to business schools in Germany. However, most MBA programs prefer applicants with work experience, so the average age tends to be higher.
Ques. Is a German MBA worth it?
Ans. Universities in Germany have disclosed that their MBA graduates find employment as soon as three months after completing the programme and make an average salary of at least 55,000 Euros. They provide useful skills and may open doors to career paths in Germany. However, global rankings don't always reflect these facts. For instance, the Financial Times Top 100 MBA ranking includes just 3 German schools.
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