Munich Business School (MBS) is a private business school located in Munich, Germany. It was founded in 1991 and offers a variety of undergraduate, graduate, and executive education programs in business and management. MBS is known for its international focus and its commitment to providing students with a practical, hands-on education that prepares them for successful careers in the global marketplace.
One of the most important considerations for students when choosing a business school is the cost of tuition and fees. At MBS, tuition fees vary depending on the program and the level of study in Germany for international students. For example, undergraduate programs range from €12,900 to €16,900 per year, while master’s programs range from €14,900 to €18,900 per year. In addition to tuition fees, students may also need to budget for living expenses, textbooks, and other costs associated with studying in Munich.
MBS offers several intakes throughout the year, including fall, winter, and spring semesters. This allows students to choose the start date that works best for their schedule and academic goals. In addition, MBS offers a range of scholarships and financial aid options to help students offset the cost of tuition and fees. These include merit-based scholarships, need-based scholarships, and scholarships for international students. The admission process is competitive, and applicants are evaluated based on their academic record, work experience, and other factors.
Munich Business School Tuition Fees for International Students
Munich Business School offers a range of undergraduate and graduate programs in various fields of study. The tuition fees for these programs vary depending on the level of study and the type of program.
For undergraduate programs, the tuition fee for the Bachelor of Arts in International Business is €7,500 per semester. This program is designed to prepare students for a career in the global business world. The Bachelor of Arts in Business Administration program costs €6,500 per semester and focuses on providing students with a solid foundation in business management.
For graduate programs, the Master of Business Administration (MBA) program costs €19,900 for the entire program. The MBA program is designed for professionals who want to advance their careers in the business world. The Master in International Business program costs €13,900 for the entire program and is aimed at students who want to pursue a career in international business.
Munich Business School also offers a range of other programs such as the Executive MBA program, which costs €34,500 for the entire program, and the Master in Sports Business and Communication program, which costs €14,900 for the entire program.
Munich Business School offers scholarships to students who demonstrate outstanding academic performance or financial need. The scholarship covers up to 50% of the tuition fees. The school also offers payment plans to help students manage their tuition fees.
Overall, Munich Business School’s tuition fees are competitive with other business schools in Germany and Europe. The school’s commitment to providing high-quality education and support to its students makes it an excellent choice for students who want to pursue a career in business.
| University | Program | Campus | Intake | Tuition Fees |
|---|---|---|---|---|
| Munich Business School | Bachelor of Arts in International Business | Munich | Sep/March | €7,500 per semester |
| Munich Business School | Bachelor of Arts in Business Administration | Munich | Sep/March | €6,500 per semester |
| Munich Business School | Master of Business Administration | Munich | Sep/March | €19,900 for the entire program |
| Munich Business School | Master in International Business | Munich | Sep/March | €13,900 for the entire program |
| Munich Business School | Executive MBA | Munich | Sep/March | €34,500 for the entire program |
| Munich Business School | Master in Sports Business and Communication | Munich | Sep/March | €14,900 for the entire program |
Course Costs at Munich Business School
Munich Business School offers a range of undergraduate, graduate, and executive education programs. Each program has its own tuition fees, which are subject to change. In this section, we will provide an overview of the course costs for each program.
Undergraduate Programs for International Students
Munich Business School offers two undergraduate programs: Bachelor in International Business (BIB) and Bachelor in Sports Management (BSM). The tuition fee for the BIB program is €8,700 per semester, while the BSM program costs €8,900 per semester. The total tuition fee for the BIB program is €34,800, and the BSM program costs €35,600 for the entire program.
Graduate Programs
Munich Business School offers several graduate programs, including Master in International Business (MIB), Master in Sports Business and Communication (MSBC), and Master in Management (MIM). The tuition fee for the MIB and MSBC programs is €9,900 per semester, while the MIM program costs €10,900 per semester. The total tuition fee for the MIB and MSBC programs is €39,600, and the MIM program costs €43,600 for the entire program.
Executive Education
Munich Business School offers various executive education programs, including Executive MBA (EMBA), Executive Certificate in Management (ECM), and Executive Diploma in Sports Business (EDSB). The tuition fee for the EMBA program is €39,000, while the ECM program costs €13,900 and the EDSB program costs €11,900. These programs are designed for working professionals, and the tuition fee covers all course materials, meals, and accommodation during the program.
Munich Business School also offers scholarships to eligible students to help cover the cost of tuition fees. The admission process for each program varies, and interested applicants are encouraged to visit the Munich Business School website for more information.
Overall, Munich Business School’s course costs are in line with other top business schools in Europe, and the school’s reputation and ranking make it a worthwhile investment for those seeking a quality business education.
Intakes at Munich Business School
Munich Business School offers two intakes per year for its programs – one in September and one in March. Prospective students are encouraged to apply well in advance of the application deadlines to ensure they have enough time to complete the admission process.
Application Deadlines
For the September intake, the application deadline is typically in mid-July. For the March intake, the deadline is usually in mid-January. It is important to note that these deadlines are subject to change, so applicants should check the Munich Business School website for the most up-to-date information.
Enrollment Periods
Once a student is admitted to Munich Business School, they must enroll in their program during the designated enrollment periods. For the September intake, enrollment typically takes place in late August. For the March intake, enrollment usually takes place in late February.
Munich Business School offers a flexible enrollment period for students who may need to delay their start date due to unforeseen circumstances. However, it is important to note that students who delay their enrollment may not be guaranteed a spot in their desired program.
Munich Business School’s admissions team is available to answer any questions prospective students may have about the application process, deadlines, and enrollment periods. Additionally, the school offers a variety of scholarships and financial aid options to help make its programs more accessible to students from all backgrounds.
Munich Business School Scholarship Opportunities
Munich Business School offers several scholarship opportunities to its students. These scholarships are merit-based and are awarded to students who have shown exceptional academic performance or have demonstrated financial need. The following are some of the scholarship opportunities in Germany available at Munich Business School:
MBA Scholarships
Munich Business School offers several scholarships to MBA students. These scholarships are awarded based on academic merit, professional achievements, and leadership potential. The scholarships cover up to 50% of the tuition fees.
Bachelor Scholarships
Munich Business School offers scholarships to undergraduate students. These scholarships cover up to 50% of the tuition fees and are awarded based on academic merit and financial need.
International Student Scholarships
Munich Business School offers scholarships to international students. These scholarships cover up to 50% of the tuition fees and are awarded based on academic merit and financial need.
Alumni Scholarships
Munich Business School offers scholarships to its alumni who wish to pursue further studies at the school. These scholarships cover up to 50% of the tuition fees and are awarded based on academic merit and financial need.
How to Apply for Scholarships
Students who wish to apply for scholarships at Munich Business School must submit their scholarship application along with their admission application. The scholarship application should include a statement of purpose, letters of recommendation, and any other supporting documents.
Munich Business School is committed to providing its students with access to quality education regardless of their financial background. The scholarship opportunities offered by the school are a testament to this commitment.
Also Read: Top Universities in Germany: Rankings and Programs
Munich Business School Admission Process
Munich Business School Application Requirements for International Students
To apply for admission to Munich Business School, applicants must meet the following requirements:
- Completed application form
- Certified copy of undergraduate degree certificate and transcript
- Proof of English proficiency (TOEFL, IELTS, or equivalent)
- Curriculum Vitae (CV)
- Two letters of recommendation
- Personal statement
- Passport copy
Admission Steps
The admission process at Munich Business School is straightforward and consists of the following steps:
- Submit the online application form along with all required documents.
- The Admission Committee reviews the application and decides whether to invite the applicant for an interview.
- If invited, the applicant attends an interview with a member of the Admission Committee. The interview can be conducted in person or via Skype.
- The Admission Committee makes the final decision regarding the applicant’s admission.
It is important to note that meeting the minimum requirements does not guarantee admission to Munich Business School. The Admission Committee considers the applicant’s overall profile, including work experience, extracurricular activities, and motivation for pursuing a graduate degree.
Applicants are encouraged to submit their applications as early as possible to increase their chances of being accepted and to allow sufficient time to apply for scholarships. Munich Business School offers a limited number of scholarships to outstanding applicants.
Munich Business School Ranking
Munich Business School is consistently ranked among the top business schools in Germany. According to the Financial Times European Business Schools Ranking 2021, Munich Business School is ranked 71st in Europe. In addition, the school is ranked 5th in Germany by Eduniversal Business Schools Ranking 2021.
Munich Business School is also accredited by AACSB (The Association to Advance Collegiate Schools of Business) and FIBAA (Foundation for International Business Administration Accreditation), which are two of the most prestigious accreditations for business schools worldwide.
The school’s commitment to academic excellence, practical relevance, and internationality has contributed to its high ranking. Munich Business School’s faculty members are experienced professionals with extensive industry knowledge and academic expertise, which enables them to provide students with a well-rounded education.
Moreover, the school’s international focus is reflected in its diverse student body, which includes students from over 80 different countries. Munich Business School offers a range of international study programs, including exchange programs with partner universities worldwide, which further enhances its global reputation.
In conclusion, Munich Business School’s consistent ranking among the top business schools in Germany and Europe is a testament to its commitment to academic excellence, practical relevance, and internationality.
Additional Financial Information
Payment Plans
Munich Business School offers various payment plans to help students manage the cost of tuition. Students can choose to pay the full tuition fee upfront or in instalments. The instalment plans are divided into two, three, or four payments, depending on the program. The payment deadlines and amounts are specified in the admission letter.
Costs of Living in Germany for International Students
Aside from tuition fees, students need to consider the cost of living in Germany for International Students at Munich. The estimated living expenses for a single student in Munich is around €800 to €1,000 per month. This includes accommodation, food, transportation, and other personal expenses. Munich Business School provides assistance in finding suitable accommodation for its students.
Students who require financial assistance can apply for a scholarship. Munich Business School offers various scholarships to its students, including the MBS scholarship for outstanding academic achievement, the Diversity Scholarship for international students, and the Social Engagement Scholarship for students who have made significant contributions to society.
Munich Business School is ranked among the top business schools in Europe and provides high-quality education to its students. The admission process is competitive, and students are encouraged to apply early to increase their chances of acceptance.
