With a GDP of $ 4 trillion, Germany, the fourth highest in the world, has plenty of employment opportunities, travel options and high salaries for prolific companies available to MBA students.
Germany also has a top-ranked business school. Seven German business schools are ranked in the top 100 of the Financial Times’ European business school rankings.
In addition, well-known German companies such as Volkswagen, Deutsche Bank, Bayer and Adidas often seek MBA talent.
Are you considering an MBA? The five main benefits of getting an MBA in Germany are:
1. Germany offers a friendly visa policy for foreign MBA students
German visa regulations are in favor of MBA students. Students are free to move around the Schengen area once they have a residence permit in Germany.
To obtain a residence permit, you must register with the Alien Registration Office in the German city where you live within two weeks of your arrival.
Germany is also one of the easiest countries to get a work visa.
Even non-EU citizens can apply for an 18-month long-term residence permit to stay and work in that country after completing their final MBA exam.
If you want to get a job after graduation, you can apply for a valid work visa as long as you have the job. The EU Blue Card allows students to stay in a job that meets certain criteria, such as minimum requirements. 56,000 euros ($ 58,000) a year.
2. Germany is home to the top international MBA programs
The 2022QS ranking of the world’s best MBA program includes six German full-time MBAs. Among them is the HHL Leipzig School of Business, which offers a 15-21 month program taught in English.
90% of HHL Leipzig MBA students are international and the school boasts a network of more than 3,300 graduates in 70 countries.
“Currently, my class has 17 nationalities. I have one lawyer, doctor, engineer, business marketer, and chemist,” explains Mariana Lopes, a Brazilian MBA student who started the program in September 2021. increase.
After listening to the 12-year-old German gothic metal band Rammstein, Mariana fell in love with Germany and decided to get an MBA to accelerate her career in digital marketing.
HHL boasts intimate class sizes and interactive group projects to help students establish a strong network of peers and global contacts.
“It’s interesting to see different perspectives working on the same thing from different backgrounds. You’re always mixing, uniting and cooperating with different people,” says Mariana.
3. Get an MBA in Germany to get access to the best work and career support
With global business centers like Berlin and Munich, the German MBA offers a variety of exciting work opportunities. And MBA’s Career Services provide personalized support to enhance your work prospects.
MBA students from HHL Leipzig undergo a personality test and participate in a career orientation workshop. There you can identify your strengths and get advice on resumes and cover letters.
“You will learn how to find keywords that companies need to include in your resume to understand your strengths,” explains Mariana. “In addition, companies have plenty of opportunities to network because they have online career events via campus.”
Students are introduced to the enterprise through on-campus interviews, graduate presentations, and corporate trips.
Companies that hire HHL Leipzig graduates include Amazon, Vodafone, and Deutsche Bank.
Many students are also starting their own business — more than 350 startups have been founded by school graduates.
4. Get a strong ROI from the German MBA
With relatively high salaries in Germany and MBA programs that are more affordable than elsewhere, students can expect great returns on their investment from German MBAs.
Some US MBA programs cost more than $ 150,000 on tuition alone, while the HHL Leipzig MBA costs less than $ 42,000, and MBA students get an 80% increase in average salary after graduation. ..
In addition, HHL Leipzig MBA graduates are rapidly entering the job market, with 89% of students hired three months after graduation.
“German universities have a very close relationship with various industries, which facilitates entry into the German employment market through internships and hands-on projects,” says the full-time MBA program Academic. Dr. Vivek Velamuri, Director, said.
5. Germany is an ideal place to get an MBA.
Germany is an eclectic country with magnificent locations such as the river Elbe, Mount Zugspitze, the Black Forest and the Bastion Bridge overlooking the famous Rhine.
Leipzig is an exciting place. Germany’s fastest growing city, with an expanding infrastructure rich in cafes, canals and bars.
Lonely Planet Germany’s premier destination, located in the heart of Germany, convenient for traveling countries and continents.
Leipzig can be reached by train from Berlin, where you can enjoy historical sights and famous music scenes.
“It’s two and a half hours from Prague, five hours from Budapest, and a $ 4 train to Berlin,” says Mariana.
Anyone considering a business school can get an MBA in Germany to achieve a wonder last, with diverse networking opportunities, strong career prospects and positive investment rewards. ..
“Germany is at the heart of a thriving Europe where academic excellence and research, entrepreneurship and industry merge,” says Vivek.