Posted by : Shreyasee Sarkar
Author Designation : Junior Counselor (Kolkata)
Job opportunities in Germany for MBA Graduates
MBA programs in Germany can offer a bag full of opportunities for skilled professionals. Not only does it hold potential, but it also helps you gain specialized skills for specific jobs. Indeed, there are multiple job opportunities after MBA in Germany that you can look into. If you are planning to apply for an MBA in this country, this article will help you list down all the job opportunities in Germany after MBA for your benefit.
Germany is often described as the land of ideas and opportunities. A major hub for technology, research, and innovation, Germany is one of the most sought-after countries for international students looking to pursue their MBA. An attractive destination for knowledge seekers, Germany takes its education system very seriously.
The country features state-of-the-art infrastructure, world-class facilities, and no tuition fees, making Germany one of the most sought-after destinations for MBA studies, worldwide. All students looking to pursue a Master’s in Business Administration (MBA) are informed that most publicly funded universities in Germany levy no tuition fees. Students are however required to pay an Administration Fee at the beginning of every academic year.
- Benefits of studying in Germany
World-class education and research
Before considering studying abroad in Germany, it helps to familiarize yourself with the country's education system. Germany's higher education system is renowned for its emphasis on academic freedom, practical relevance, and strong research infrastructure. The country has a long and rich history of education, dating back to the middle Ages when the first German universities were established. Over the years, the German education system has evolved and adapted to meet the changing needs of society.
Affordable education: private and public universities
One of the biggest advantages of studying in Germany is the affordability, but here's a quick overview to understand why. German universities can be categorized into public and private institutions. Public universities are predominantly funded by the state, offering free higher education or low-cost education to both domestic and international students in Germany. This funding model ensures that education remains accessible to all, regardless of their financial background.
Excellent career opportunities
Germany's remarkable economic growth has contributed to a thriving job market, offering numerous benefits to students looking to enrich their academic journey. The country is home to many multinational companies, renowned research institutions, and thriving start-up ecosystems. German companies frequently collaborate with universities, offering internships and job placements to students, giving them a head start in their chosen career. At IU, the emphasis on practical training and industry-relevant skills equips our students with the necessary tools to succeed in the competitive job market. Furthermore, Germany's central location in Europe opens doors to a vast network of professional opportunities across the continent.
Post-graduation work visa for an international student
A significant attraction for international students considering an education in Germany is the opportunity to work in the country post-graduation through the post-graduation work visa. This policy underlines Germany's commitment to fostering global talent and providing a seamless transition from higher education to gainful employment within its robust job market.
Cutting-edge tech industry
Germany's strategic emphasis on innovation has made it a hub for those eager to delve into these emerging technologies. Germany distinguishes itself as an exceptional destination for graduates aiming to enter the tech industry, underscored by the state's commitment to research and development. Currently, the nation is at the forefront of technological innovation, specifically in areas like AI, cyber-security, and Data Science.
- Job Opportunities after MBA in Germany from Top Universities
A two-year Master of Business Administration (MBA) course from top universities in Germany will skyrocket your professional career. With this course, students can get into various specializations including finance, marketing, supply chain management, operations or human resources. The country offers ample job opportunities after MBA in Germany to international students. Not only are the programs comprehensive and practical, but also affordable. Due to this, the country witnesses influx of a huge number of international students every year.
Here’s a list of all the top universities offering the highest MBA graduate employability:
- Technical University of Munich
- Frankfurt School of Finance and Management
- The European School of Management and Technology (ESMT)
- WHU: Otto Beisheim Graduate School of Management
- Cologne Business School
- MBA Specialization-Wise Job Roles and Average Salary
As mentioned earlier, the MBA programs in Germany offer opportunities for all, irrespective of their nationality. As a student, you can choose from various specialization options.
Depending on the role you choose, and your calibre, the average salary will also vary.
MBA in Finance
Average Salary: EUR 89,000+ (75 Lac+)
The country has become the hub for top universities where students can pursue MBA in finance. Some German universities offering MBA in finance are the leading institutions globally. This course offers tremendous importance and has a high average salary.
Job Roles:
- Chief Executive Officer
- Chief Operating Officer
- Associate Director
- Chief Financial Officer
MBA in Marketing
Average Salary: EUR 65,600+ (INR 54 Lac)
Graduation in marketing in this country is famous instead of MBA in marketing. Even then, you will find various top colleges like HHL Leipzig Graduate School of Management for the same. The annual salary might not be high, but it will be enough to lead a good life.
Job Roles:
- Marketing Officer
- Marketing Strategist
- Marketing Executive
- Digital Marketing Manager
MBA in Human Resources
Average Salary: EUR 48,000+ (INR 40 Lac)
The human resource profession is in great demand in this country. So, with some international experience, you could crack jobs with great companies after completing your MBA. Indeed, this is one of the best job opportunities in Germany after MBA.
Job Roles:
- Chief People Officer
- Human Resource Manager
- Executive Recruiter
- Employee Relations Manager
MBA in Management
Average Salary: EUR 67,000+ (INR 56 Lac)
MBA in management offers you the best scholarships in this country, and it also presents you with the best jobs. Three German schools offering this course have been in the top 100 MBA rank from Financial Times. The tuition will be affordable, and you will get a high-quality education.
Job Roles:
- Assistant Manager
- Business Development Manager
- Project Manager
- Branch Manager
- Highest Paying Cities for MBA Jobs in Germany
Germany houses global business centers that offer ample job opportunities and possibilities for every graduate. It is the largest economy in Europe, with a low unemployment rate of 5.8%. While Berlin is the highest paying city, you could find great opportunities in Dresden or Frankfurt as well as Munich. Below is the average annual salary of MBA graduates in German cities as per Payscale.
- Berlin – €53,600
- Hamburg- €51,200
- Munich- €50,400
- Koln- €49,000
- Dresden- €42,500
- Dusseldorf- €47,900
- Frankfurt- €48,600
- Leipzig- €43,400
- Stuttgart- €46,800
- Hannover- €41,500
If you want to stay back in Germany, you will need a residency permit or citizenship. You cannot work there without such licenses. Hence, before deciding on staying there after graduation, you need to do proper research.
- Top Paying Companies in Germany
After completing MBA, skilled professionals looking for job opportunities in this country are offered jobs by various recruiters. Here is a list of all the best-paying companies in the country that offer job opportunities in Germany after MBA.
Top Recruiters: BMW, Bayer, Amazon, Porsche, Merck, Mercedes, Seimens
Conclusions
The career opportunities in Germany after MBA are in abundance. You have to develop the eligibility criteria based on your specialization and apply for permits.
Once you have an MBA degree, your chances to get employed skyrocket. It enhances your worth and gives you the ability to apply and get the best job opportunities after MBA in Germany. Depending on your career choice, you could either become a finance manager or a business manager. The top companies in the country include Amazon, BMW, Mercedes, Porsche, and more. To be a part of their workforce, all you have to do is focus on your studies and gain practical knowledge. To make this process simple and quick, you can avail the expertise of VIDYAXCEL.
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