| Updated On - Aug 8, 2024
Highlights
- Tuition Fees: Public universities in Germany charge no tuition fees, while the private tuition fees for Masters in Marketing range from EUR 4,000 to 9,000.
- Admission Requirements: For admission to Masters in Marketing in Germany, Bachelor’s in a related field (Economics, Marketing, Business Studies), IELTS score of 6.5, and in some cases, relevant work experience is required for Indian students.
- Starting Salary: The average starting salary range of a Masters in Marketing graduate is EUR 40,000 to 45,000.
- Top Employers: Amazon, Zalando, Adidas, Henkel are some of the top recruiters for masters in marketing graduates.
Masters in Marketing in Germany is a full-time program of 1-2 years, depending on the university you choose. This program is available as an MA and MBA degree in German universities. The course covers topics like:
- Strategic Marketing Management
- Marketing Communications
- Digital Marketing and Social Media
You need a bachelor’s degree in a relevant field, an IELTS score of 6.5 and above, and in some cases, relevant work experience for admission to Master’s in Marketing in Germany. As an Indian student, you will need a German student visa to study the Masters in Marketing course.
In Germany, companies prefer a specialized skill set over a broader subject knowledge—the placement rate in the field of digital marketing ranges from 94-99%, as compared to the 84-95% after a general masters in marketing. Developing a core skill out of the above specializations will help in placement.
The starting salary after a masters in marketing in Germany is EUR 40,000-45,000, which grows to EUR 55,000 to 57,000 after two years of experience.
- Top Universities for Masters in Marketing in Germany
- Why Study Masters in Marketing in Germany?
- Admission to Masters in Marketing in Germany
- Cost of Studying Masters in Marketing in Germany
- Scholarships for Masters in Marketing in Germany
- Masters in Marketing in Germany Placements
- Frequently Asked Questions
Top Universities for Masters in Marketing in Germany
Masters in Marketing is typically a two-year program, but some universities, including Berlin School of Economics, Munich Business School, etc have a course duration of 1 or 1.5 years. The top universities offering Masters in Marketing in Germany are listed below.
Universities | Course | Duration | Application Deadline |
---|---|---|---|
Free University of Berlin | M.S Management and Marketing | 2 years | 31st May 2024 (Closed) |
University of Bayreuth | M.B.A Marketing and Sales Management | 2 years | 30th September 2024 |
University of Wuppertal | M.S Management and Marketing | 2 years | 15th October 2024 |
Otto Von Guericke University | M.S International Management, Marketing, Entrepreneurship | 2 years | June 15th 2024 (winter semester)
October 15th to December 15th 2024 (summer semester) |
International School of Management | M.A Strategic Marketing Management | 2 years | Rolling Admissions |
Munich Business School | M.A International Marketing and Brand Management | 18 months | Rolling Admissions |
Aalen University | M.A International Marketing and Sales | 1 year | June 15th and December 15th 2024 |
Berlin School of Economics | M.A International Marketing Management | 1 year without internship 2 years with internship | 15th May (Closed) |
Why Study Masters in Marketing in Germany?
- The employment rate in Germany is 77.1% compared to 56% in India, which indicates greater job prospects for graduates.
- The average starting salary range of a Masters in Marketing graduate is EUR 40,000 to 45,000.
- Masters in Marketing in Germany is more affordable than an MBA in India, with comparable placement opportunities.
- Germany is among the top 10 highest-paying countries for a Digital Strategist with an average salary of 55,500 EUR per annum.
Admission to Masters in Marketing in Germany
While most universities offer it as an English-taught program, some colleges, like the University of Bayreuth, teach this course in German. The language proficiency requirements vary accordingly. To apply for a Masters in Marketing in Germany, you need a bachelor’s degree in a relevant subject, like:
- Economics
- Business Administration
- Marketing
- Business Informatics
- Business Studies
Eligibility for Masters in Marketing in Germany
The academic requirements and language criteria for top universities for Masters in Marketing in Germany is provided below.
University | Academic Requirements | Language Requirements |
---|---|---|
Free University of Berlin | Bachelor’s degree in Business Administration | Selection Point System | TOEFL iBT - 94-72
IELTS - 5.5-6.5 PTE - 75-79 |
University of Bayreuth | Bachelor’s degree + 1 year work experience | German level B2
TestDaf or DSH |
University of Wuppertal | 2.5 GPA in Bachelor’s degree in Economics | TOEFL iBT - 79
IELTS - 6.0 |
Otto Von Guericke University | Bachelor’s degree | TOEFL iBT - 95-120
IELTS - 7.0 |
International School of Management | Bachelor’s in a business-related degree | TOEFL iBT - 80
IELTS - 6.0 |
Munich Business School | Bachelor’s with an Economics degree | TOEFL iBT - 85
IELTS - 6.5 |
Aalen University | GPA - 2.5 in Bachelor’s degree in a related field - Marketing, Business Informatics, or Economics | TOEFL iBT - 94
IELTS - 5.5 |
Berlin School of Economics | Bachelor’s degree in Business Studies | TOEFL iBT - 83
IELTS - 6.0 PTE - 67 |
- OVG University also requires GMAT - 550 and GRE - 148 (Quantitative) + 143 (Verbal).
- Berlin School of Economics requires a GMAT score of 600 or above.
Documents Required for Masters in Marketing in Germany
- Official Transcripts provided by the previous institutions and universities
- Statement of Purpose (SOP)
- 2-3 Letters of Recommendation
- Updated CV/Resume
- Motivation Letter
Cost of Studying Masters in Marketing in Germany
Studying in Germany is comparatively affordable for Indian students. It includes tuition fees or semester fees and the cost of living in Germany.
Tuition Fees for Masters in Marketing in Germany
The private universities in Germany have a tuition fee range of EUR 4,000 - 9,000, while the public universities are free (except for a semester fee in some colleges).
University | Tuition Fees (EUR) | Tuition Fees (INR) |
---|---|---|
Public Universities: |
||
Otto Von Guericke University | 277.90 per semester | 24,874 |
Berlin School of Economics | 300 per semester | 26,852 |
Free University of Berlin | 340 per semester | 30,432 |
Aalen University | 1500 per semester | 1,34,262 |
Private Universities: |
||
University of Bayreuth | 4,900 per semester | 4,38,589 |
University of Wuppertal | 65,404 per year | 58,54,181 |
International School of Management | 5,700 per semester | 5,10,195 |
Munich Business School | 8,300 per semester | 7,42,916 |
Cost of living in Germany
The average cost of living in Germany is around EUR 850 (~74,000 INR) per month or EUR 10,236 (~8.9 lakh INR) per year. Rent is the major expense for Indian students in Germany. A detailed breakdown is depicted in the chart below.
Expense Type | Average Cost (EUR) | Average Cost (INR) |
---|---|---|
Rent | 746 | 61,114 |
Food | 407 | 33,342 |
Transportation | 124 | 10,158 |
Utilities | 262 | 21,504 |
Entertainment | 70 | 5,734 |
Clothing | 300 | 24,577 |
TOTAL | 1909 | 1,56,429 |
Scholarships for Masters in Marketing in Germany
As the public universities in Germany provide free Masters in Marketing, the scholarships available for Indian students are limited in number. Some scholarships that help Indian students cover living expenses include:
Scholarship | Eligibility | Award |
---|---|---|
Friedrich Ebert Foundation Scholarship | Exceptional academic records
Social and political involvement |
1000 EUR per month |
Heinrich Boll Foundation Scholarship | Registered in master’s program in a state university | 850 EUR per month |
Konrad-Adenauer-Stiftung Scholarships | Intend to complete a master’s degree in Germany | 861 EUR per month |
Masters in Marketing in Germany Placements
The average starting salary range of a Masters in Marketing graduate is EUR 40,000 to 45,000, and the salary range can go up to EUR 100,000 with experience.
Job Role | Average Annual Salary (EUR) | Average Annual Salary (INR) |
---|---|---|
Chief Marketing Officer | 108,496 | 87,49,551 |
Content Marketing Strategist | 53,466 | 43,11,712 |
Marketing Manager | 44,802 | 36,13,012 |
Market Research Analyst | 38,677 | 31,19,067 |
Market Research Manager | 45,913 | 37,02,607 |
Localization Manager | 31,000 | 24,99,964 |
Masters in Marketing in Germany: Comparison by Universities
University | Tuition Fees (EUR) | Average Salary (EUR) |
---|---|---|
Free University Berlin | No tuition fees | 88,000 |
Munich Business School | 8,000 | 61,000 |
Berlin School of Economics | No tuition fees | 77,150 |
A degree in marketing helps you build a career in the evolving fields of sales, advertising, and digital marketing. Students learn effective communication and also Product Planning, Sales & Brand Management, Advertising, and Consumer Behavior. Public universities in Germany charge no tuition fees, while the private tuition fees for Masters in Marketing range from EUR 4,000 to 9,000, and the starting salary after masters in marketing is EUR 40,000 to 45,000, implying that Germany as a study abroad destination promises a high ROI.
Frequently Asked Questions
Ques: Which field in marketing has the highest salary in Germany?
Ans: People working in the field of digital marketing get paid the highest in Germany. Other than this, the Chief Marketing Officer (CMO) enjoys the highest salary followed by content marketing managers.
Job Role | Average Annual Salary (EUR) |
---|---|
Chief Marketing Officer | 108,496 |
Market Research Analyst | 38,677 |
Market Research Manager | 45,913 |
Ques: Is it worth doing a Masters in Marketing in Germany?
Ans: Germany provides high-quality education and amazing career opportunities. It is among the top 10 highest-paying countries for a Digital Strategist with an average salary of 52,930 EUR (42,97,392 INR) per annum.
Ques: Can I work in Germany on a student visa?
Ans: Indian students with a German student visa can work part-time up to 20 hours a week during the academic session while they can work full-time during their semester breaks.
Ques: Is Germany the cheapest country to study in?
Ans: While you can expect to pay 6,000 – 15,000 EUR/academic year for a Bachelor's degree and 3,000 – 23,000 EUR/academic year for a Master's degree on average in Europe, most public universities in Germany do not charge any tuition fees for a master's course in Germany. This is true for all students, no matter if they are local or international students. Hence, Germany is one of the cheapest countries to study for all students.
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