Master of Science[MSc] (Business Economics)
Field of Study:
OVGU MSc Business Economics is a 2 years Full Time Master program. This program is offered On Campus. The first year fees for MSc Business Economics at OVGU is ₹ 0 (). Earlier in 2025, the MSc Business Economics Fee was ₹ 0 (0). This shows that the academic fees has remained the same.
For admission to MSc Business Economics at OVGU, international students need IELTS: 6.5, TOEFL: 85, GPA: 2.9, Bachelor's Degree in Business Management, Economics or Related Field. The Application deadline for summer 2027 intake is 15 January 2027. For more details, check OVGU Admissions 2026
OVGU MSc Business Economics Total Fees 2026
The tuition fee for MSc Business Economics at OVGU is per year (₹ 0). Meanwhile, the total cost is EUR 9923/Year (₹ 10.98 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for MSc Business Economics at Otto von Guericke University is as follows:
| Expense Type | Average Cost (INR) | Equivalent (EUR) |
|---|---|---|
| Tuition Fee | ₹ 0 |
The other expenses for MSc Business Economics at Otto von Guericke University is as follows:
| Expense Type | Average Cost (INR) | Equivalent (EUR) |
|---|---|---|
| Accommodation | ₹ 3.99 Lakhs | EUR 3600 |
| Food | ₹ 1.99 Lakhs | EUR 1800 |
| Miscellaneous | ₹ 1.99 Lakhs | EUR 1800 |
| Health Insurance | ₹ 1.99 Lakhs | EUR 1800 |
| Books and supply | ₹ 33,210 | EUR 300 |
| Compulsory Fees | ₹ 68,966 | EUR 623 |
| Total Cost | ₹ 10.98 Lakhs | EUR 9923 |
MSc Business Economics Tuition Fee Trends at OVGU
OVGU MSc Business Economics Fees for Indian students is ₹ 0 (). This academic fee has remained the same from 2025. Candidates can check the year on year trends in OVGU Fees in the table below.
| Academic Year | Tuition Fees (INR) | Tuition Fees (EUR) |
|---|---|---|
| 2026 | ₹ 0 | |
| 2025 | ₹ 0 | 0 |
| 2024 | ₹ 68,966 | EUR 623 |
OVGU MSc Business Economics Application Deadlines & Important Dates
The key dates for the application process for MSc Business Economics at OVGU include:
- Application deadline for winter 2026 intake is 15 July 2026
- Application deadline for summer 2027 intake is 15 January 2027
MSc Business Economics at OVGU Admission 2026
To be eligible for admission to MSc Business Economics at OVGU, applicants must meet specific academic and language requirements.
Following are the entry requirements to this program :
- A relevant bachelor degree or a comparable degree and an average grade of minimum 2.9 of the exam performances
- DSH German Language Examination for University Entrance
- TestDaF Selected courses require test level
OVGU MSc Business Economics Application Link
OVGU MSc Business Economics Application Link; Apply Here
MSc Business Economics at OVGU Admission Requirements
For admission to MSc Business Economics, OVGU accepts IELTS, TOEFL, PTE exam. The average scores among admitted students are typically around: 6.5 in IELTS, 85 in TOEFL, 70 in PTE.
Also Check:Important Alert
- Application deadline for winter 2026 intake - Jul 15, 2026
Tuition Fees
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Accommodation | $4104 (EUR 3600) |
| Food | $2052 (EUR 1800) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | NA (0) |
| 2024 | $710 (EUR 623) |
Important Dates
| Event | Application Date |
|---|---|
| Application deadline for winter 2026 intake | Jul 15, 2026 |
| Application deadline for summer 2027 intake | Jan 15, 2027 |
Required Document List
- Online Application Form (via uni-assist portal)
- Application Fee
- Official Transcripts (Bachelor's degree with grades and subject overview)
- Proof of Bachelor's Degree (in original language with sworn translation into German or English)
- English Language Test Scores (IELTS ? 6.5 or TOEFL ? 85 iBT at B2 level) or German Language Certificate (B2 level)
- Relevance of Undergraduate Studies Verification Form
- Letter of Motivation
- Copy of Passport
TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Germany Scholarship | 300 | Merit Based High-achieving students enrolled at OVGU are eligible |
Key Resources for Your Study Abroad Journey
Course Guides
MBA in Germany: Fees 2025, Top Colleges, Placements & Salaries
MIM in Germany: Fees 2024, Top Colleges, Placement & Salaries
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student$ 1,140/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| MAWISTA Scholarship | Scholarship per student$ 7,628/Yr$6,691 | Level Of StudyBachelor | TypeEasy-to-Apply | |
| Kurt Hansen Science Scholarship | Scholarship per student$ 11,400/Yr$10,000 | Level Of StudyDoctorate | TypeNeed-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,280/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
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