Master of Science [MS] (Management and Engineering)
Field of Study:
RWTH Aachen University's MS in Management and Engineering in Technology, Innovation, Marketing & Entrepreneurship (M.Sc. MME TIME) is a 1.5-year (3-semester), 90-credit, fully English-taught program offered by RWTH Business School in Aachen, Germany. The university ranks #105 globally (QS World University Rankings 2026) and the Faculty of Business and Economics holds AACSB accreditation — one of the most prestigious business school accreditations worldwide. Unlike most RWTH programs, MME TIME carries a total tuition of €30,000 (~₹33L) over 3 semesters, but includes a unique Cambridge Ecosystem Lab at the University of Cambridge as part of the curriculum.
The program is designed exclusively for STEM professionals who want to bridge engineering expertise with technology management, innovation and entrepreneurship. It is co-developed with Cambridge Digital Innovation at Hughes Hall, University of Cambridge. Graduates target roles in management consulting, product management, technology strategy and entrepreneurship — with entry-level salaries of €50,000–€65,000/year (~₹55L–₹71.5L/year) in Germany.
Admission Status (April 2026): The Winter Semester 2026/27 application window for non-EU/non-EEA students (including Indians) closed on March 1, 2026. The next application window for Winter Semester 2027/28 opens October 1, 2026 and closes March 1, 2027 for non-EU applicants. Indian students who apply by January 15, 2027 qualify for an Early Bird Discount of €3,000 (~₹3.3L) off total tuition. The next study start is October 1, 2026 (for those already admitted).
- Why Study MS Management and Engineering at RWTH Aachen — Key Reasons for Indian Students
- RWTH Aachen MS Management and Engineering Fees for Indian Students (2026)
- Cost of Living in Aachen for MS MME TIME Students
- RWTH Aachen MS Management and Engineering Admission Requirements & Deadlines
- MS Management and Engineering Curriculum at RWTH Aachen — Brief Overview
- RWTH Aachen University Rankings — Business and Engineering
- Scholarships for MS Management and Engineering at RWTH Aachen — Indian Students
- Placements & Career Outcomes After MS MME TIME at RWTH Aachen
- ROI — Is MS Management and Engineering at RWTH Aachen Worth It for Indian Students?
- FAQs
Why Study MS Management and Engineering at RWTH Aachen — Key Reasons for Indian Students
- AACSB-accredited program: RWTH Business School holds AACSB accreditation — held by only 6% of business schools globally — ensuring internationally recognized degree quality.
- Cambridge collaboration: The Ecosystem Lab module takes students to the University of Cambridge for an intensive innovation workshop with campus visits and Silicon Fen company tours.
- STEM-exclusive program: Designed only for engineers and scientists — giving Indian B.Tech/B.E. graduates a direct pathway into technology management without a separate MBA.
- Post-study work rights: Graduates qualify for Germany's 18-month job seeker visa (Section 20 AufenthG) to find employment.
- Flexible study mode: Students can switch between on-campus and distance learning per module — allowing internship pursuit during studies.
RWTH Aachen MS Management and Engineering Fees for Indian Students (2026)
Exchange rate used: 1 EUR = ₹110 (April 21, 2026). All INR figures are approximate.
| Fee Component | Per Semester (EUR) | Total (3 Semesters) (EUR) | Total (INR) |
|---|---|---|---|
| Tuition Fee | €10,000 | €30,000 | ~₹33.0L |
| Semester Contribution | ~€300 | ~€900 | ~₹99,000 |
| Application Fee | €50 (one-time) | €50 | ~₹5,500 |
| Total Academic Cost | ~€10,350 | ~€30,950 | ~₹34.0L |
Early Bird Discount: Applying by January 15 saves €3,000 (₹3.3L) — reducing total tuition to €27,000 (₹29.7L). The program is offered by RWTH Business School; tuition fees apply to all students regardless of nationality. Scholarships can reduce fees further (see Scholarships section).
Cost of Living in Aachen for MS MME TIME Students
RWTH Business School estimates average monthly living costs at ~€988/month (~₹1,08,680/month). RWTH's official guidance recommends budgeting at least €1,100/month.
| Expense Category | Min/Month (EUR) | Max/Month (EUR) | INR/Month (Approx.) |
|---|---|---|---|
| Accommodation | €400 | €600 | ₹44,000 – ₹66,000 |
| Food | €200 | €300 | ₹22,000 – ₹33,000 |
| Health Insurance | €100 | €150 | ₹11,000 – ₹16,500 |
| Study Materials | €20 | €40 | ₹2,200 – ₹4,400 |
| Internet & Mobile | €20 | €50 | ₹2,200 – ₹5,500 |
| Miscellaneous | €50 | €200 | ₹5,500 – ₹22,000 |
| Total | ~€790 | ~€1,340 | ~₹86,900 – ₹1,47,400 |
Accommodation options in Aachen:
| Type | Monthly Cost (EUR) | Monthly Cost (INR) |
|---|---|---|
| RWTH Business School / Academy managed flat-share | €290 – €450 | ₹31,900 – ₹49,500 |
| Student dormitory (Studierendenwerk) | €300 – €500 | ₹33,000 – ₹55,000 |
| Private shared flat (WG) | €350 – €550 | ₹38,500 – ₹60,500 |
RWTH Business School and RWTH International Academy jointly offer managed flat-share accommodation for international students — a key advantage given Aachen's competitive housing market. Students can work up to 120 full days or 240 half days per year (non-EU) or up to 20 hours/week during the semester.
RWTH Aachen MS Management and Engineering Admission Requirements & Deadlines
Intake & Application Deadlines
| Intake | Application Window (Non-EU/Indian Students) | Early Bird Deadline | Semester Start |
|---|---|---|---|
| Winter Semester 2027/28 | October 1, 2026 – March 1, 2027 | January 15, 2027 | October 2027 |
Eligibility
- Bachelor of Engineering, Bachelor of Technology or Bachelor of Science in a STEM field (science, technology, engineering or mathematics) from a recognized university.
- Indian students with a B.Tech/B.E. in any engineering discipline or B.Sc. in science/mathematics are eligible.
- Minimum 1 year of professional work experience required at the time of application.
- Minimum 125 ECTS credits in mathematics, natural sciences, computer science and/or engineering — including at least 16 ECTS in higher mathematics and statistics.
- Minimum 10 ECTS credits in management and economics (conditional modules assigned if not met — free of charge and must be completed before Master's thesis registration).
- APS Certificate is mandatory for Indian applicants (required at enrollment; optional at application stage).
Application Process
- Apply via RWTH Business School's online portal at business-school.rwth-aachen.de/en/apply
- Submit CV, motivation letter and at least one letter of recommendation
- Upload Bachelor's degree certificate and transcripts (translated to English or German)
- Submit proof of professional work experience (minimum 1 year)
- APS certificate required at enrollment for Indian applicants
- English language certificate required at enrollment (not at application stage)
- No GRE required for this program
English Language Proficiency (ELP) Requirements
| Test | Minimum Score |
|---|---|
| TOEFL iBT | 90 |
| IELTS Academic | 6.0 |
| Cambridge CAE / FCE (Grade B+) | Pass |
Waiver for Indian students: No automatic waiver. Exemption applies only if your prior degree was taught in English in the UK, Ireland, Australia, New Zealand, Canada or the USA.
MS Management and Engineering Curriculum at RWTH Aachen — Brief Overview
- Semester 1 — TIME Essentials (30 CP): Strategic Management, Data Analysis, Qualitative Research Methods, Innovation Management & Leadership, Marketing Management, Entrepreneurial Management
- Semester 2 — Management Deep Dives (20 CP) + Tech Transfer Labs (10 CP): Choose 4 of 6 management electives (Strategic Technology Management, Digital Marketing, Start-Up & Growth Management, Entrepreneurial Finance & Venture Capital, etc.) and 2 of 6 technology electives (Building Digital Ecosystems, Shaping Deep-Tech Start-Ups, Driving Clean-Tech, etc.)
- Semester 3 — Advanced Topics (10 CP) + Master's Thesis (20 CP): Cambridge Ecosystem Lab (5-day intensive at University of Cambridge) and TIME Capstone Project; Master's thesis on innovation, marketing or entrepreneurship
- Three Focus Tracks: Innovation / Marketing / Entrepreneurship
- Study Mode Flexibility: Each module can be attended on-campus in Aachen or via live online sessions — students choose per module before it starts
RWTH Aachen University Rankings — Business and Engineering
| Ranking Body | Category | Rank | Year |
|---|---|---|---|
| QS World University Rankings | Overall | #105 | 2026 |
| QS Subject Rankings | Engineering & Technology | #53 globally | 2026 |
| AACSB Accreditation | Faculty of Business & Economics | Accredited | Active |
| THE World University Rankings | Overall | #92 | 2026 |
| THE World University Rankings | Engineering | #35 globally | 2026 |
RWTH Business School is one of fewer than 1,000 business schools globally to hold AACSB accreditation. The program's co-development with Cambridge Digital Innovation at Hughes Hall adds a second globally recognized institutional brand to the degree.
Scholarships for MS Management and Engineering at RWTH Aachen — Indian Students
| Scholarship | Provider | Amount | Eligibility | Deadline |
|---|---|---|---|---|
| Early Bird Discount | RWTH Business School | €3,000 off tuition (~₹3.3L) | All non-EU applicants applying by January 15 | January 15, 2027 |
| Excellence Scholarship | RWTH Business School | €6,000 (~₹6.6L) | Outstanding candidates; selected by admission team; no separate application | At admission |
| Academic Performance Scholarship | RWTH Business School | €4,000 (~₹4.4L) | Outstanding academic background | At application |
| Women in Tech Scholarship | RWTH Business School | €4,000 (~₹4.4L) | Female applicants with academic or professional excellence | At application |
| Entrepreneurial Mindset Scholarship | RWTH Business School | €4,000 (~₹4.4L) | Candidates with entrepreneurial track record | At application |
| Social Impact Scholarship | RWTH Business School | €4,000 (~₹4.4L) | Candidates with strong social/community commitment | At application |
| DAAD Postgraduate Scholarship | DAAD | €934/month + travel + insurance | Indian nationals; strong academic record | November 1 annually |
Indian students can combine the Early Bird Discount (€3,000) with an Academic Performance or Women in Tech Scholarship (€4,000) — reducing total tuition from €30,000 to approximately €23,000 (~₹25.3L).
Placements & Career Outcomes After MS MME TIME at RWTH Aachen
RWTH Business School's Career Service provides direct access to 280+ companies on the RWTH Aachen campus and a broad network of national and international employers. MME TIME graduates target roles in management consulting, product management, technology strategy, business development and entrepreneurship — across sectors including automotive, tech, industrial manufacturing and consulting.
| Role | Entry-Level Salary (EUR/Year) | Entry-Level Salary (INR/Year) |
|---|---|---|
| Management Consultant | €50,000 – €65,000 | ₹55.0L – ₹71.5L |
| Product Manager (Tech) | €52,000 – €68,000 | ₹57.2L – ₹74.8L |
| Technology/Innovation Manager | €50,000 – €65,000 | ₹55.0L – ₹71.5L |
| Business Development Manager | €48,000 – €62,000 | ₹52.8L – ₹68.2L |
| Entrepreneur / Founder | Variable | Variable |
Sources: PayScale Germany 2026, Glassdoor Germany 2026, Levels.fyi Germany.
Mid-level Management Consultants in Germany (5+ years) earn €70,000–€100,000/year (~₹77L–₹1.1Cr/year).
ROI — Is MS Management and Engineering at RWTH Aachen Worth It for Indian Students?
| Cost Component | Total (EUR) | Total (INR) |
|---|---|---|
| Tuition (3 semesters, after Early Bird + Academic Scholarship) | ~€23,000 | ~₹25.3L |
| Semester Contributions (3 semesters) | ~€900 | ~₹99,000 |
| Living Costs (1.5 years @ €1,100/month) | ~€19,800 | ~₹21.78L |
| Blocked Account Requirement | €11,904/year | ~₹13.09L/year |
| Total Estimated Cost (1.5 years, with discounts) | ~€43,700 | ~₹48.07L |
| Total Estimated Cost (1.5 years, no discounts) | ~€50,700 | ~₹55.77L |
| Break-Even Metric | Value |
|---|---|
| Entry-level annual salary (Germany) | €57,000/year (~₹62.7L/year) |
| Total investment (with scholarships) | ~₹48.07L |
| Break-even period | ~9 months of first salary |
The 1.5-year duration is a key ROI advantage — students enter the workforce 6 months earlier than a standard 2-year program. Combined with Germany's 18-month post-study job seeker visa and strong demand for tech-management professionals, the MME TIME delivers a strong return for Indian STEM graduates looking to pivot into leadership roles.
FAQs
Ques. Is work experience mandatory for Indian students applying to MS Management and Engineering (MME TIME) at RWTH Aachen?
Ans. Yes. A minimum of 1 year of professional work experience is required at the time of application. This is a hard requirement and applications without proof of work experience will not be considered. Internships, industry projects and full-time employment after a Bachelor's degree all count. The program is specifically designed for working professionals and recent graduates with industry exposure — not for fresh graduates with zero work experience.
Ques. What is the total cost of MS Management and Engineering at RWTH Aachen for Indian students and how can it be reduced?
Ans. The total tuition is €30,000 (₹33L) over 3 semesters at €10,000/semester. Indian students can apply by January 15 to receive the Early Bird Discount of €3,000 (₹3.3L). Additionally, the Academic Performance Scholarship (€4,000/₹4.4L) and Women in Tech Scholarship (€4,000/₹4.4L) are available at application. Combining the Early Bird Discount with one merit scholarship brings total tuition down to approximately €23,000 (₹25.3L). The Excellence Scholarship of €6,000 (₹6.6L) is awarded directly by the admission team to the most outstanding candidates without a separate application.
Ques. What are the job and visa options after completing MS Management and Engineering at RWTH Aachen as an Indian student?
Ans. After graduating, Indian students can apply for an 18-month job seeker visa (Section 20 AufenthG) to search for employment in Germany. Entry-level Management Consultants and Product Managers in Germany earn €50,000–€68,000/year (~₹55L–₹74.8L/year). The 1.5-year program duration means Indian graduates enter the job market earlier than peers in 2-year programs. RWTH Business School's Career Service provides direct access to 280+ companies on the RWTH campus. Once employed in a qualifying role, graduates can convert to a work permit or EU Blue Card and apply for permanent residency after 21–33 months of skilled employment.
Important Alert
- Application Deadline for Winter 2027 Intake - Dec 1, 2026 - Mar 1, 2027
Tuition Fees
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | $11186 (EUR 9480) |
| Other Fees | $708 (EUR 600) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $35 (EUR 30.000) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Winter 2027 Intake | Dec 1, 2026 - Mar 1, 2027 |
Scores Required
Required Document List
Online application
Transcripts
Language Proficiency Requirements (German, English)
Copy of Passport
Resume
Motivation Letter
One Letter of Recommendation
APS Certificate
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| University's Education Fund | 300 euros monthly | The RWTH Education Fund Scholarship supports the top 10% of students based on academic excellence, personal experience, extracurricular activities, community service, and social background, with approximately 20% of applicants receiving funding annually |
Key Resources for Your Study Abroad Journey
Course Guides
Masters in Engineering in Germany: Fees 2024, Top Colleges, Placements & Salaries
MS in Germany: MS in Germany: Deadlines, Fees, Scholarships, Jobs
College Student Profiles
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student$ 1,180/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| MAWISTA Scholarship | Scholarship per student$ 7,895/Yr$6,691 | Level Of StudyBachelor | TypeEasy-to-Apply | |
| Kurt Hansen Science Scholarship | Scholarship per student$ 11,800/Yr$10,000 | Level Of StudyDoctorate | TypeNeed-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,360/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
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