Munich Business School is a private international business school which is situated in Munich in the Bavaria state of Germany. This institution was founded in 1991 under the name Europäische Betriebswirtschafts-Akademie by the European Business International (ebsi) London, Paris, Madrid, and Milan. In 1999, the institution received the state accreditation by the Bavarian Ministry of Education and Culture, Science and the Arts.
In 2003, this institution was renamed as Munich Business School. In the same year, it also introduced the BACHELOR International Business program. In 2009, MBS introduced its MASTER International Business program completely in English as well as German/English. In the same year, it also introduced “International Family Firms” and “Luxury Management” in it's master’s program. In 2010, it received unlimited state accreditation as well as the institutional accreditation from the German Council of Science and Humanities. By 2012, about 1000 students had received their degrees at MBS. In 2014, this institution extended its study programs by adding the DBA Doctor of Business Administration. In 2015, it received reaccreditation by the German Council of Science and Humanities. In 2016, the institution completed its 25 years.
The Munich business school offers attractive scholarship programs. The MBA scholarship is intended for future MBA students who have achieved exceptional achievements during their professional life. These students receive scholarships of 5 to 25% of tuition fees. The request for one of the scholarships is made with the request for a place at the university.
BAföG services are offered as a free subsidy with no fees, while the other half is an interest-free loan, and part of the loan repayment may be cancelled depending on the duration and completion of the study. BAföG support is currently available at EUR 735 per month and is in principle limited to the standard study period for the respective education program.
For more details on scholarship, contact Phone +49 (0) 89 38 196-0 or Email: muenchen@bafoeg-bayern.de
Admission Mode: Munich Business School Admission portal
Application Fees: 60 Euros
Admission Process:
Step 1: Written Application
Application documents
For taking Admission in the Munich Business School, an applicant must submit their application, along with the given mandatory documents :
Step 2: Personal interview
The interview lasts approximately 45-60 minutes, and it will help you and the MBS to determine if your profile is being developed with the study plan and class. Of course, this interview will also allow you to ask any questions you may have.
Step 3: Study Contract
The Admissions Office notifies you of the end of the application process within 10 working days. If accepted, the Music Business School will provide you with an acceptance letter and two copies of your thesis agreement. A copy must be returned within two weeks of signing up to secure your place in the program. The other copy should be kept to your records.
The acceptance of the inspection plan requires registration 690 (EU / EFTA) registration fee of 1, 1,490 (non-EU), and 1,000 1,000 after the signing of the inspection agreement, respectively. The deposit will be deducted from your first tuition fee.
Step 4: Student Visa
If you are a non-EU national, you must apply for an EU student visa to begin your studies in Germany. To obtain a Visa Invitation Letter from the Music Business School, take the following steps:
International applicants are required to submit proof of English Language Proficiency. They can appear for TOEFL/IELTS or ELS. The minimum scores required for Munich Business School are:
Test | Undergraduate | Postgraduate |
---|---|---|
TOEFL iBT | 85 (min 22 in writing and minimum 20 in all bands) | 85 (min 22 in writing and minimum 20 in all bands) |
IELTS | Min level 6.5 | Min level 6.5 |
ELS (English for Academic Purposes) | Advanced Level 112 | Advanced Level 112 |
The English Proficiency test scores are waived for the following:
University Type | Private |
Campus Setting | Urban |
Establishment Year | 1991 |
Mode of Program available | Full time; Part-time |
Cost of Attendance | 32,000 Euro |
Scholarships | 5 to 25 % reduction on tuition fee |
The student to Faculty Ratio | 4:1 |
Percentage of International Students | 33% |
Acceptance Rate | 60% |
Official Website | www.munich-business-school.de |
Tuition fee
Programs | Tuition fee (Euro) |
---|---|
MBA | 32,000 |
Doctoral | 36,000 |
Bachelors | 36,400 |
Masters | 24,000 |
Off-Campus Accommodation Cost
Room in a shared apartment | 600 Euro to 800 Euro |
Studio (one room with kitchen and own bath) | 900 Euro to 1,000 Euro |
Apartments | 1,000 Euro to 1,300 Euro (1 bedroom), 1,400 Euro to 1,800 Euro (2 bedrooms) |
* Above listed are exclusive of utilities (electricity, heating, Internet, GEZ, etc.)
Cost of Living
Category | Expense in Euro |
---|---|
Food | 320 Euro |
Public Transport | 40 Euro |
Health insurance | 80 Euro |
Other Miscellaneous | 250 Euro |
Tuition Fees in Germany (1st Year Average) | MS: EUR 1550 | MBA: EUR 9550 | BBA: EUR 7500 | BE/Btech: EUR 2710 | BSc: EUR 1270 | MIM: EUR 12005 | MEng: EUR 5300 | MFin: EUR 9550 | MA: EUR 3900| MIS: EUR 2065 |
Average Accomodation & Food Costs in Germany | Euro 850 a Month |
Entrance Exams in Germany | TOEFL: 85 | IELTS: 6 | PTE: 59 You can also Study in Germany Without IELTS |
Work and Study in Germany | Permitted for 20 hours/week with a valid study permit. |
Post Study Work Permit in Germany | 18 Months after graduation depending on the course. |
Cost of Student Visa in Germany | Euro 75 |
Student Visa in Germany | Given the fact that a large number of students from across the globe apply to study in various German colleges and universities, the country offers a number of visa options to people with various academic and non-academic purposes. |
Intakes in Germany | There are Two Intakes in Germany: Summer (April/March) and Winter (September/October). |
Top Job Sectors in Germany | Chemicals, Electronics, IT, Coal, Vehicles, Shipbuilding, Food and Beverages, Engineering, Machinery, Machine Tools, Textiles |
Economy in Germany | GDP Growth of 0.5% (2019e) 1.2% (2020e); 4th Largest Economy in the World, Largest in Europe |
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