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Munich Business School

About Munich Business School

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.

  • Munich Business School is one Germany's most international universities. Its internationality is characterized by special features of the study concept.
  • As one of Germany's leading business schools, Munich Business School subjects itself to the reviews of internal and external panels.
  • The personal and individual atmosphere at MBS allows for studies unlike many mainstream universities.
  • National university of applied sciences ranking – 6th ranking in 2018 by Wirtschaftswoche.
  • Master of International Business Administration at MBS was ranked #91 by QS ranking.
  • MBS ranks in the list of "Top 25 Performing Universities in Student Mobility" worldwide by QS rankings.

Munich Business School Financial Aid

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

Munich Business School Admissions

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 :

  • Motivation Letter (pages 1 to 2)
  • The current curriculum is Vitae
  • A copy of the official academic transcript indicating your final grade *
  • Two tips for your current or previous employers
  • English proficiency proof (TOEFL 85,IELTS 6.5, ELS 112)
  • Copy of your passport details page (with photo)
  • Latest passport size photo
  • Completed application form

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:

  • Sign the inspection agreement you signed and a copy of your passport details page.
  • Replace the deposit of 1,000 1,000. This amount will be deducted from the first-semester tuition.

Munich Business School English Proficiency Test Scores for International Students

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:

  • Applicants who have completed schooling in English i.e. High School Diploma, ID
  • Applicants who have their first academic degree in English
  • A confirmation letter from the applicant’s employer if English was the official language of the workplace (for MBA applicants)

Munich Business School Highlights

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

Munich Business School Average Tutionfees And Other Expenses

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

Know more about Studying in Germany

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

Munich Business School Average Tuition Fee Per Year

Undergraduate

€ 10,250

Postgraduate

€ 15,200

Costs per year

Overall cost of living

€ 0

Campus accommodation

€ 0

Please note that fees will vary. Always check the exact cost of the program and bear in mind likely additional expenses.