Master of Science[MS] (Management and Economics)
Field of Study:
$3,360 /Yr
University of Tuebingen Master of Science Management and Economics is an 18-month full-time Master’s programme taught in English. Admission requires a Bachelor’s in Economics or Business Administration with strong academic standing. Total fees are EUR 5,085 (INR 5.57 Lakhs) for international non-EU students. October intake. Application deadline is May 15 annually.
This programme trains management professionals in advanced economic theory and strategic business decision-making. The distinctive feature is its combination of game theory, principal-agent theory, and managerial economics applied to real-world scenarios. Ideal applicants have strong quantitative skills and ambition for consulting, finance, or international business roles.
- 18-month duration allows faster market entry compared to 24-month programmes.
- German salary outcomes for economics graduates average EUR 60,000 (INR 65.7 Lakhs) in entry roles.
- Post-study 18-month work visa available; PR-eligible after 33 months of skilled work in Germany.
Current Admission Status
Applications for the October 2026 intake are Open. International student deadline: 15 May 2026.
Indian applicants should apply by early April 2026 to allow 4–6 weeks for APS (Academic Evaluation Service) certificate processing through the German Embassy New Delhi.
Also Check: University of Tuebingen Management and Economics Fees
University of Tuebingen Management and Economics Fees and Living Costs 2026
International non-EU students pay tuition in addition to the semester fee. The total cost for the 18-month programme is EUR 5,085 (INR 5.57 Lakhs).
| Fee Component | EUR | INR |
|---|---|---|
| Tuition per semester (non-EU) | EUR 1,500 | INR 1,64,250 |
| Semester fee per semester | EUR 195 | INR 21,356 |
| Total for 3 semesters (tuition) | EUR 4,500 | INR 4,92,750 |
| Total for 3 semesters (semester fees) | EUR 585 | INR 64,068 |
| Total Programme Cost | EUR 5,085 | INR 5,56,818 |
Source: University of Tuebingen International Student Fees 2026
All INR conversions in the article use a conversion rate of EUR 1 = INR 109.5 as of June 2026. Rates fluctuate daily, verify before applying.
- Tuition is charged only to non-EU international students; EU citizens pay semester fee only.
- Semester fee covers student union, IT services, and public transport in Tübingen region.
- No separate application or enrollment fees for this programme.
- Health insurance for international students costs EUR 110–130 (INR 12,045–14,235) per month.
Cost of Living in Tübingen for Management and Economics Students
Monthly living costs in Tübingen range from EUR 900 to EUR 1,100 (INR 98,550–INR 1,20,450). Over 18 months, budget EUR 13,500 to EUR 19,800 (INR 14.78 Lakhs to INR 21.69 Lakhs).
| Expense Category | Monthly Range (EUR) | Monthly Range (INR) |
|---|---|---|
| Shared student flat (room) | EUR 250–350 | INR 27,375–38,325 |
| Food and groceries | EUR 180–250 | INR 19,710–27,375 |
| Health insurance | EUR 110–130 | INR 12,045–14,235 |
| Utilities and internet | EUR 80–120 | INR 8,760–13,140 |
| Personal expenses and books | EUR 80–150 | INR 8,760–16,425 |
| Total Monthly | EUR 900–1,100 | INR 98,550–1,20,450 |
Cost Reality for Indian Students: 18-month total cost (tuition + living) is EUR 24,585 to EUR 30,885 (INR 26.92 Lakhs to INR 33.82 Lakhs). This is 40–60% cheaper than equivalent Master’s programmes in the UK or USA.
University of Tuebingen Management and Economics Admission
The programme admits students in October only. One intake window per year with a rolling review process.
| Intake | Application Window | Deadline |
|---|---|---|
| October 2026 | January 2026 onwards | 15 May 2026 |
| October 2027 | January 2027 onwards | 15 May 2027 |
Academic eligibility requires a Bachelor’s degree (minimum 4 years) in Economics, Business Administration, or a related quantitative field. Applicants must have a strong GPA (typically 2.5 or better on German 1–5 scale, equivalent to 65% or above). Some applicants with 3-year Bachelor’s degrees require an additional 30 ECTS prerequisite module in economics.
English Language Proficiency
English proficiency is mandatory. All test scores below are accepted for admission.
| Test | Minimum Score | Notes |
|---|---|---|
| IELTS | 6.5 overall | No band below 6.0 |
| TOEFL iBT | 79 | Speaking 18+, Writing 17+ |
| TOEFL pBT | 550 | Older paper-based format |
| TOEIC | 700 | Listening + Reading combined |
| Cambridge C2 Proficiency (CPE) | Grade C or higher | Grade C = C1 equivalent |
| UNIcert III | Pass grade | European certification standard |
- IELTS 6.5 is common for Indian applicants; most score 6.5–7.0 within 2 months of targeted preparation.
- TOEFL iBT 79 is below average for India (typical scores: 85–95); achievable with 4–8 weeks of practice.
- Cambridge CPE is more rigorous but demonstrates C1/C2 proficiency if you take it; most applicants choose IELTS/TOEFL for speed.
- If English was the medium of instruction for 6+ years in your Bachelor’s, provide a certificate instead of a test score.
University of Tuebingen is ranked 215th globally (QS 2026) and 98th by THE (2026), with particular strength in life sciences and economics.
Admission Reality: Indian applicants with IELTS 6.5+, a strong quantitative background, and GPA 65%+ are competitive. Programme selectivity is moderate; expect 20–30% admit rate for India.
University of Tuebingen Management and Economics Application 2026
Apply directly through the university online portal. No external application service required.
| Intake | Application Deadline | Status |
|---|---|---|
| October 2026 | 15 May 2026 | Open |
| October 2027 | 15 May 2027 | Expected |
- Applications are reviewed on rolling basis; early applicants have better seat availability.
- Decision notification typically comes 6–8 weeks after the deadline or shortly thereafter.
- Indian applicants should plan for 4–6 weeks’ processing time for APS certificate if not already completed.
- Tuition deposit (usually EUR 1,500–2,000) due on offer acceptance to secure your place.
Application Tip: Submit by late April 2026 to complete visa processing in time for October semester orientation in mid-September.
University of Tuebingen Management and Economics Scholarships
Scholarships are available but not guaranteed. Most are merit-based or need-based through German institutions.
Common funding sources for international students at Tuebingen include DAAD scholarships (cover tuition and living stipend of EUR 934 per month), Deutschlandstipendium (for exceptional candidates), and institutional scholarships from the Faculty of Economics. For this specific 18-month programme, expect 5–15% of admits to receive some form of funding.
Scholarship Math: If you secure a partial scholarship of EUR 500–750 (INR 54,750–82,125) per month (common for management graduates), your 18-month net cost drops to EUR 14,085–19,485 (INR 15.43 Lakhs to INR 21.34 Lakhs). This makes the degree highly affordable for Indian middle-class families.
Also Check: Scholarships at University of Tuebingen
Scholarship Reality: Full-ride scholarships are rare for Master’s students. Target 20–30% cost-offset via DAAD or faculty scholarships if your IELTS/GPA is 80th+ percentile.
University of Tuebingen Management and Economics Salary and Placements
Graduates of economics and management Master’s programmes in Germany earn strong starting salaries in consulting, banking, and corporate management roles.
| Role / Sector | Entry-Level Gross Salary (EUR) | Entry-Level Gross Salary (INR) | Experience (2–3 years) | Experience (INR) |
|---|---|---|---|---|
| Management Consulting | EUR 55,000–75,000 | INR 60.225 Lakhs–82.125 Lakhs | EUR 75,000–100,000 | INR 82.125 Lakhs–1.095 Crore |
| Banking / Finance | EUR 48,000–65,000 | INR 52.56 Lakhs–71.175 Lakhs | EUR 70,000–95,000 | INR 76.65 Lakhs–1.04 Crore |
| Corporate Strategy | EUR 50,000–68,000 | INR 54.75 Lakhs–74.46 Lakhs | EUR 72,000–92,000 | INR 78.84 Lakhs–1.008 Crore |
| Average Across Roles | EUR 52,000 | INR 56.94 Lakhs | EUR 80,000 | INR 87.6 Lakhs |
Source: Salary data from German Federal Statistical Office (Destatis) and Payscale Germany 2026
- After-tax income (net) depends on your state. Bavaria and Baden-Württemberg have favorable rates for high earners.
- Salaries are highest in Frankfurt (finance hub) and Munich (corporate HQ). Tübingen region averages EUR 48,000–58,000.
- Graduate employment rate for management degrees is 80–85% within 6 months of graduation.
- Common first employers: McKinsey, Deloitte, German DAX companies (Siemens, Bosch, Daimler), and investment banks (Deutsche Bank, Commerzbank).
ROI Reality: Programme cost (EUR 25,000 including living) is recovered in 5–7 months at entry salary. Cumulative lifetime earnings differential vs. Indian MBA is EUR 800,000+ (INR 87.6+ Crore) by age 45.
Germany Visa for Management and Economics Graduates
All Master’s graduates from German universities are eligible for a post-study job-seeking residence permit (Chancenkarte) valid for 18 months. During this period, you can work any job to gain experience while searching for a skilled position. After 33 months of skilled employment, you are eligible for permanent residence (Niederlassungserlaubnis).
- Post-study work visa (Chancenkarte) is 18 months from graduation, allowing unlimited employment search and part-time/full-time work in any sector.
- Skilled worker visa (Blue Card) is available if your salary reaches EUR 45,934 (INR 50.38 Lakhs) or more in STEM roles.
- Family reunification is allowed: spouses can join on a dependent visa after 3 months of your arrival in Germany.
- Pathway to PR is faster than the UK or USA: 33 months of skilled work (at any qualifying salary) → permanent residence eligibility.
Read More: Post-Study Work and Visa for Germany Master’s Graduates
Visa Reality: 18-month work visa is more accessible than UK/US counterparts. Majority of Indian graduates transition to skilled worker visa within 6–12 months of employment.
University of Tuebingen Management and Economics Ranking 2026
The Management and Economics programme is not individually ranked; however, University of Tuebingen’s Economics and Business disciplines are ranked among the top in Germany.
| Ranking Body | Economics (Subject) | Business (Subject) | University Overall |
|---|---|---|---|
| QS 2026 | 17th Germany, 400 Worldwide | 23rd Germany, 423 Worldwide | 215 Worldwide |
| THE 2026 | Not ranked subject level | Not ranked subject level | 98 Worldwide |
| ARWU 2025 | Not ranked subject level | Not ranked subject level | 501–600 Worldwide |
- QS Economics ranking of 17th in Germany places Tuebingen among top economics schools in German-speaking Europe.
- THE world rank of 98 positions the university above all Indian IITs and most top Indian universities.
- Employer recognition is strong in Germany, Austria, and Switzerland; moderate globally but improving in Asia.
Key Insight: Tuebingen’s economics ranking is stronger than its overall rank, signalling specialization in this field. Employers in consulting and finance recognize the programme highly.
Management and Economics FAQs
Ques. Is the Management and Economics Master’s programme at Tuebingen harder to get into than other German programmes?
Ans. Moderate selectivity. Acceptance rate is roughly 20–30% for international applicants. Competitiveness depends on your background: applicants with 3-year Bachelor’s in Economics or strong quantitative backgrounds have better odds than those with unrelated degrees. IELTS 6.5+ and GPA 65%+ make you a strong candidate.
Ques. What is the total cost of studying the Management and Economics Master’s in Tuebingen from India?
Ans. Total cost is EUR 24,585 to EUR 30,885 (INR 26.92 Lakhs to INR 33.82 Lakhs) including tuition (EUR 5,085) and 18 months of living costs (EUR 13,500–19,800). This is 40–60% cheaper than equivalent Master’s programmes in the UK (GBP 25,000–40,000 per year) or USA (USD 45,000–70,000 per year).
Ques. Can I work part-time while studying the Management and Economics Master’s?
Ans. Yes. International students in Germany are allowed up to 120 full days or 240 half days of paid work per year during studies. Typical part-time jobs for Master’s students are HiWi (research assistant) roles at university labs (EUR 450–550 per month) or tutoring, which help cover living costs.
Ques. What jobs do Management and Economics graduates typically pursue after graduation?
Ans. Common paths are strategy consulting (McKinsey, BCG, Deloitte), banking (Deutsche Bank, Commerzbank), corporate finance, and corporate strategy at DAX companies (Siemens, Bosch, Daimler). Entry salaries range EUR 48,000–75,000 (INR 52.56 Lakhs–82.125 Lakhs) depending on sector. Graduate employment rate is 80–85% within 6 months.
Ques. Is an APS certificate required for Indian students applying to the Management and Economics Master’s?
Ans. Yes, APS (Academic Evaluation Service) certification is mandatory for all Indian students applying to German universities. Processing takes 3–4 weeks through the German Embassy New Delhi. You must submit your Bachelor’s transcripts, degree, and application documents. Cost is INR 18,000. Apply for APS immediately after your Bachelor’s graduation to avoid delays.
The Management and Economics Master’s at University of Tuebingen is ideal for Indian students seeking a quantitative business degree in a lower-cost, English-taught environment with strong employer recognition in Europe and India. The 18-month duration and affordable living costs make it competitive against UK/USA options, while the 18-month post-study work visa opens pathways to global careers.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $3360 (EUR 3000) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Compulsory Fees | $448 (EUR 400) |
| Total Cost | $448 (EUR 400) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $3360 (EUR 3000) |
| 2023 | $3360 (EUR 3000) |
| 2021 | $3730 (EUR 3330) |
Required Document List
- Online Application Form
- Bachelor's Degree Certificate with Transcript of Records
- English Language Proficiency Proof (Fluent English Required)
- Curriculum Vitae
- Letter of Motivation
- Academic References
- Copy of Passport
- Proof of Health Insurance

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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| STIBET Study Completion Grant | 550 | Merit Based or Financial Need Based |
| Deutschlandstipendium | 300 | Merit Based - Minimum GPA of 1.40 or better required |
Key Resources for Your Study Abroad Journey
Course Guides
MS in Economics in Germany: Fees 2024, Admissions, Top Colleges, Jobs & Salaries
MS in Germany: MS in Germany: Deadlines, Fees, Scholarships, Jobs
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student$ 1,120/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| MAWISTA Scholarship | Scholarship per student$ 7,494/Yr$6,691 | Level Of StudyBachelor | TypeEasy-to-Apply | |
| Kurt Hansen Science Scholarship | Scholarship per student$ 11,200/Yr$10,000 | Level Of StudyDoctorate | TypeNeed-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,240/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
-- | USD 3,360 /Yr EUR 3,000 /Yr |
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| USD 3,360 /Yr EUR 3,000 /Yr |
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Application Deadline For Summer 2027 Intake (15th Nov 2026) Application Deadline For Summer 2027 Intake (15th Jan 2027) Application Deadline For Winter 2027 Intake (15th May 2027) | USD 3,360 /Yr EUR 3,000 /Yr |
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-- | USD 3,360 /Yr EUR 3,000 /Yr |
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