Master (Management)
Field of Study:
$9,440 /Yr
Technical University of Munich's Master in Management & Technology (MMT) is a 2-year full-time program based in Munich, Germany. TUM ranks #22 globally in the QS World University Rankings 2026 and #27 worldwide for Master in Management in the QS Business Masters Rankings 2026. The program uniquely bridges engineering or natural sciences with business management, with 44 nationalities represented in a single cohort.
For Indian students, the total cost of the program runs approximately €16,000–€18,000 (~₹17.6–19.8 Lakhs) in tuition over 4 semesters, with living costs adding another €800–€1,200/month (~₹88,000–₹1.32 Lakhs). Germany's student visa allows part-time work up to 20 hours/week during semesters. Graduates report an average starting salary of €60,000/year (~₹66 Lakhs).
Current Admission Status: The Winter Semester 2026/27 application window is open from April 1 to May 31, 2026 (IST deadline: May 31, 2026, 11:59 PM IST). Indian applicants must also complete the APS certificate process and uni-assist VPD before applying.
- Why Study Master in Management & Technology at TUM?
- TUM Master in Management & Technology Fees for Indian Students
- Cost of Living in Munich for TUM Students
- Admissions: TUM MMT for Indian Students
- Curriculum: TUM Master in Management & Technology
- TUM MMT Rankings
- Scholarships for Indian Students at TUM MMT
- Placements & Career Outcomes
- ROI: Is TUM MMT Worth It for Indian Students?
- FAQs
Why Study Master in Management & Technology at TUM?
- Top-ranked program: #27 globally in QS Business Masters Rankings 2026 and #1 in Germany for Business & Economics (THE Subject Rankings 2025).
- Strong ROI: Average starting salary of €60,000/year (~₹66 Lakhs); 85% of graduates employed within 3 months.
- Work rights: Indian students can work up to 20 hours/week during semesters and 140 full days/year.
- Low tuition vs. peers: At €4,000/semester (~₹4.4 Lakhs), TUM is significantly cheaper than comparable programs in the UK or US.
- Triple Crown accreditation: TUM School of Management is among the top 1% of business schools globally holding AACSB, EQUIS and AMBA accreditation.
TUM Master in Management & Technology Fees for Indian Students
Exchange rate used: €1 = ₹109 (April 20, 2026, ECB reference rate). Rates fluctuate — verify before payment.
| Fee Component | Amount (EUR) | Amount (INR) |
|---|---|---|
| Tuition Fee (per semester) | €4,000 | ~₹4.36 Lakhs |
| Tuition Fee (4 semesters total) | €16,000 | ~₹17.44 Lakhs |
| Semester Fee (student union, per semester) | ~€144 | ~₹15,700 |
| Total Semester Fees (4 semesters) | ~€576 | ~₹62,800 |
| Total Program Fees | ~€16,576 | ~₹18.07 Lakhs |
Key insight: Indian students enrolling at Munich campus pay €4,000/semester. Students enrolling at the Heilbronn campus pay zero tuition fees — a significant saving of €16,000 over the full program.
Cost of Living in Munich for TUM Students
Munich is Germany's most expensive city. Students typically spend €900–€1,200/month (~₹98,000–₹1.31 Lakhs).
| Expense Category | Monthly Cost (EUR) | Monthly Cost (INR) |
|---|---|---|
| Accommodation (shared flat/WG) | €500–€800 | ~₹54,500–₹87,200 |
| Food & Groceries | €200–€300 | ~₹21,800–₹32,700 |
| Health Insurance | €110–€120 | ~₹12,000–₹13,100 |
| Transport (semester ticket) | ~€30–€50 | ~₹3,300–₹5,450 |
| Personal & Miscellaneous | €100–€150 | ~₹10,900–₹16,350 |
| Total Monthly | €940–€1,420 | ~₹1.02–1.55 Lakhs |
Accommodation options:
| Type | Monthly Cost (EUR) | Monthly Cost (INR) |
|---|---|---|
| Student dormitory (Studentenwerk) | €280–€400 | ~₹30,500–₹43,600 |
| Shared apartment (WG) | €500–€800 | ~₹54,500–₹87,200 |
| Studio apartment | €900–€1,200 | ~₹98,100–₹1.31 Lakhs |
Dormitory spots are limited and highly competitive — apply immediately after admission. Students can earn €12–€15/hour (~₹1,300–₹1,635/hour) in part-time jobs, covering a significant portion of living costs.
Admissions: TUM MMT for Indian Students
Indian students face a specific set of requirements beyond the standard application.
Intake & Deadlines:
| Intake | Application Period | Program Start |
|---|---|---|
| Winter Semester 2026/27 | April 1 – May 31, 2026 | October 2026 |
| Summer Semester 2027 | November 1 – November 30, 2026 | April 2027 |
Eligibility (Indian equivalents):
- Bachelor's degree (minimum 140 ECTS equivalent) in Management, Economics, Industrial Engineering or comparable field
- Minimum 25 ECTS in Business/Management subjects
- Minimum 10 ECTS in Economics subjects
- Minimum 15 ECTS in Engineering or Natural Sciences
- Indian students must score GMAT (Classic/Focus) at 65th percentile or above — this is mandatory, not optional
Application Process:
- Obtain APS certificate (Akademische Prüfstelle) — mandatory for Indian degree holders
- Apply via uni-assist for VPD (preliminary review documentation)
- Submit full application via TUMonline within the application window
- Upload all documents: transcripts, GMAT score, ELP certificate, LORs, CV, APS certificate
- Two-stage assessment: academic background review, then admission test if required (scheduled early July 2026 for WS 2026/27)
English Language Proficiency (ELP):
| Test | Minimum Score |
|---|---|
| IELTS | 6.5 overall |
| TOEFL iBT | 88 |
| PTE Academic | 65 |
| GMAT (Classic/Focus) | 53rd percentile (accepted as ELP proof) |
ELP Waiver: If your Bachelor's degree was taught entirely in English, or if at least 12 ECTS of your degree were in English (including thesis), you can apply for an ELP waiver using TUM's official form — no IELTS/TOEFL required.
Curriculum: TUM Master in Management & Technology
- Core modules in Management (choose 1 of 7 specializations: Innovation & Entrepreneurship, Finance & Accounting, Operations & Supply Chain, Marketing & Strategy, Economics & Econometrics, Energy Markets, Life Sciences Management)
- Core modules in Technology (choose 1 of 6: Computer Engineering, Mechanical Engineering, Informatics, Electrical Engineering, Chemistry, Sustainable Energies)
- 30 ECTS of electives to build an International, Sharpened Management or Sharpened Technology profile
- Master's thesis in semester 4
- Optional: Double degree with HEC Paris, exchange semester at DTU Copenhagen or NUS Singapore
TUM MMT Rankings
| Ranking Body | Rank | Year |
|---|---|---|
| QS Business Masters Rankings (Management) | #27 globally | 2026 |
| QS World University Rankings (TUM overall) | #22 globally | 2026 |
| THE Business & Economics Subject Ranking | #1 in Germany | 2025 |
| THE World University Rankings (TUM overall) | #27 globally | 2026 |
Scholarships for Indian Students at TUM MMT
| Scholarship | Type | Coverage | Deadline |
|---|---|---|---|
| TUM Merit-Based Waiver (1st/2nd semester) | Merit | Full tuition waiver (2 semesters) | January 1 – May 31, 2026 (for WS 2026/27) |
| TUM Need-Based Waiver (1st semester) | Need-based | Full tuition waiver (standard duration) | January 1 – May 31, 2026 (for WS 2026/27) |
| TUM Merit-Based Waiver (3rd semester+) | Merit (in-program) | Full tuition waiver (2 semesters) | May 31 – June 30 (for following WS) |
| TUM International Student Scholarship | Merit | €500–€1,800 per term | April 13 – April 26, 2026 |
| DAAD Scholarships | Merit/Need | Varies | Varies by scheme |
Eligibility note: The merit-based waiver requires a ranking certificate from your Bachelor's university showing your percentile within your cohort. Indian students must get this certified with an ink stamp and wet signature from their university's examination office.
Placements & Career Outcomes
TUM School of Management has strong corporate partnerships with BMW, Siemens, MAN, Allianz and McKinsey, among others.
| Metric | Data |
|---|---|
| Employment within 3 months of graduation | 85% (TUM official data) |
| Average starting salary | €60,000/year (~₹66 Lakhs) |
| FT-reported weighted salary (MMT) | $103,000/year (₹86 Lakhs) |
| Top hiring sectors | Consulting, Tech, Automotive, Finance |
ROI: Is TUM MMT Worth It for Indian Students?
| Cost Component | EUR | INR |
|---|---|---|
| Total Tuition (4 semesters, Munich) | €16,576 | ~₹18.1 Lakhs |
| Total Living Cost (2 years) | ~€24,000 | ~₹26.2 Lakhs |
| Total Investment | ~€40,576 | ~₹44.2 Lakhs |
| Average Starting Salary | €60,000/year | ~₹66 Lakhs/year |
| Break-even Point | ~8 months of gross salary | — |
Germany's 18-month post-study job-seeker visa gives Indian graduates ample time to secure employment. The break-even on total investment is under 1 year of gross salary at average starting pay.
TUM's Master in Management & Technology offers one of the strongest ROI propositions in Europe for Indian students — a globally ranked program at a public university, with tuition under €20 Lakhs, a mandatory GMAT requirement that filters for quality, and a Munich job market dominated by global corporations. The Heilbronn campus option with zero tuition makes this even more compelling. With the Winter 2026/27 application window closing May 31, 2026, Indian applicants need to start the APS certificate process immediately as it takes 4–6 weeks.
FAQs
Ques. Is GMAT mandatory for Indian students applying to TUM Master in Management & Technology?
Ans. Yes. Indian applicants must submit a GMAT (Classic or Focus edition) with a minimum score at the 65th percentile. This is a hard requirement — applications without a valid GMAT score from India will not be considered. A GMAT score at the 53rd percentile or above can also serve as proof of English language proficiency, potentially eliminating the need for a separate IELTS or TOEFL score.
Ques. Can Indian students avoid paying the €4,000/semester tuition fee at TUM MMT?
Ans. Yes, through two routes. First, enrolling at the TUM Heilbronn campus for the Master in Management & Technology program carries zero tuition fees for international students. Second, Indian students at the Munich campus can apply for TUM's merit-based or need-based waiver scholarships — the merit waiver requires a top-percentile ranking certificate from your Bachelor's university, while the need-based waiver requires 18 months of bank statements and income documents. Both waiver applications for Winter 2026/27 must be submitted by May 31, 2026.
Ques. What is the APS certificate and how long does it take for Indian students applying to TUM?
Ans. The APS (Akademische Prüfstelle) certificate is a mandatory academic credential verification required for all Indian applicants to German universities. It involves submitting your academic documents to the APS India office in New Delhi or Chennai for verification. The process typically takes 4–6 weeks. Without a valid APS certificate, TUM will not process your application. Indian students should initiate the APS process as early as possible — ideally in February or March — to meet the May 31, 2026 application deadline.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $9440 (EUR 8000) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Rent for shared living | $944 (EUR 800) |
| Food | $354 (EUR 300) |
4,000 euros per semester.
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $9440 (EUR 8000) |
| 2022 | $326 (EUR 276) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Winter 2026 Intake | Apr 1, 2026 - May 31, 2026 |
Scores Required
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| International Scholarship | € 500 to € 1500 per semester | Currently enrolled undergraduates and graduates with non-German university entrance certificates based on academic merit and financial need. |
Key Resources for Your Study Abroad Journey
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student$ 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 |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Date For Spring 2027 Intake (15th Nov 2026) | USD 3,540 /Yr EUR 3,000 /Yr |
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-- | USD 14,160 /Yr EUR 12,000 /Yr |
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Comments
Found 22 Comments
The Technical University Munich (TUM) accepts both the Goethe Zertifikat B1 and the DSH exam as proof of German language proficiency for their programs.