Present day scenario is that your education is not complete without a Master of Business Administration or MBA as is popularly referred to. This is what I hear all the time from students seeking to do MBA. But counselling hundreds of students has made me realize that most students don’t really know what they are getting into when they apply for an MBA degree. While its great to have the degree, most students are unaware of the kind of commitment one needs to be prepared to put into completing the degree.
MBA is an advance level training or master’s degree in business administration where the course is designed to develop foundational business skills like accounting, applied statistics, business communication, business ethics, business law, finance, managerial economics, analysis, management, marketing and operations, in a manner most relevant to the strategy of management. The program contains the core curriculum as well as elective courses depending upon your personal and professional interest and can take between 1-3 years based on the tenure of the course – full-time or part-time.
MBA programmes are rigorous, expensive, hard to enter and time-consuming. Here, students must expect to up spend up to 500+ hours of intensive classroom training, per academic year, in addition to time spent on assignments and research. If you are prepared to put in the hours and hard work, you can be assured of the best results. And, if you are looking for a world-class experience while you do it, Germany is the ideal location to undertake your MBA course.
Germany is a highly sought-after higher education destination, offering world class education. Germans reward hard work where both, the country and government provide benefits for students to pursue their studies successfully, through scholarships.
The German government has made the internationalization of higher education a strategic objective. It encourages better integration of foreign students through educational scholarships, lower tuition fees and better immigration policies – offering education to International students at the same subsidized fee that its domestic students pay. While the European “Blue Card” gives qualified international graduates of German universities a pathway to permanent residence and access to the markets of most EU member states.
Additionally, cost of living in Germany is lower that other European countries. Here, monthly expenditure can be as low are €600, that is approximately INR 40,000/-. And, students can work for up to twenty hours a week, earning €8-10 an hour, to support their cost of living. Additionally, international students can avail an 18 months job search visa and can apply for permanent residence after 5 years of studying and working in Germany. Moreover, Germany shares excellent trade and political relationship with India, making it comfortable for Indian students in Germany.
For those looking to explore Germany as an opportunity for a better life, education is the best way to get integrated into the system as you learn the culture and language and make new friends easily.
At Germany universities research is well supported and students with good research ideas are offered support from faculty for their research. Moreover, if the research benefits industry, then organizations and government are always willing to foot the cost of the research, making Germany a knowledge pool of researchers and scholars across disciplines.
While, MBA degree is highly sought after because of the obvious benefits it brings, universities have some strict criteria for selection. Typical, MBA courses require a related undergraduate degree accompanied by 1-2 years of relevant work experience, few Universities do offer MBA without any prior work-experience. While most universities do not require GMAT for MBA, some top rank universities still ask for it. Additionally, IELTS /TOEFL (English Language Proficiency Test) are mandatory, one must get a minimum of 6 bands in IELTS and 65+ marks in TOEFL.German Language is not an admission requirement.
Though, MBA may be considered as a “professional” degree because it is designed to develop business managers and executives, some colleges and universities in Germany also offer skill-based or career-based courses catering to the interests and ambitions of individual students. A skills-based concentration helps students to develop a specific, adaptable expertise such as project managementor strategic planning, while a career-based concentration will prepare you to enter a field like IT, Medical, Big Data,Healthcare, Sports Management etc.
Whatever your choice for specialization, Germany has something to offer for everyone. No matter what program you choose, with the country ranking high on development MBA students are always welcome and well rewarded both, in Germany and across the globe as a German MBA degree is valued and appreciated anywhere you go.
If you wanting to do the MBA course, I highly recommend you consider Germany as a preferred destination not only for the obvious reasons but also because Germany offers an opportunity for a content and happy life. I’m always excited to help in this matter, just mail me here and I’ll be happy to guide you to a program and university that is well suited for your needs.