Jobs for MBA in Germany
Positions in sectors such as Consulting, Technology, Finance, E-commerce, Education, Marketing, and Automotive can be filled by MBA graduates. The backbone of the German economy is formed by SMEs (Small and Medium-sized Enterprises) and contribute up to 51% of the GDP. Due to the creation of about 250,000 jobs every year in SMEs, the job prospects for MBA graduates are boosted.
Some of the good jobs in Germany offered to MBA graduates are shown below.
Sl no | Roles offered | Job Description | Salary (USD/ year) |
1 | Consultant | Organizing and executing business projects on behalf of clients | 158,000 |
2 | Business Development Manager | Establishing contact with potential clients and planning marketing initiatives. | 191,000 |
3 | Product & Project Manager | Taking charge of the product/project and planning the administration development and budgeting of the same. | 147,000 |
4 | Strategist | Determining and analyzing strategies that help in fulfilling the organization’s goals. | 218,000 |
5 | Marketing Manager | Identifying a target audience for the product type and develop pricing strategies | 130,000 |
6 | General Manager | Overall management is handled by the general manager. There is no single task role that defines their job. | 183,000 |
7 | Operations Manager | Analyzing and improving processes, work quality, and efficiency within the organization. | 143,000 |
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ROI of Top German Business Schools
The reason why the popularity of German Business schools is rising is the high return on investment offered. Handsome average salaries and low tuition fees for MBA graduates is the biggest contributing factor to more international students being persuaded to study MBA in Germany. Below is a graphical representation of the tuition fees along with the salaries offered to MBA graduates of the top German business schools.
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In Germany, MBA graduates can get an extension of 18-months while they search for jobs. An MBA in Germany is considered a high-return investment as it can land you in jobs with cushy median salaries of approximately 80,000 USD with supplemental bonuses of about 16-18,000 USD.
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The average salary for top 10 MBA Programs in Germany
Sl no | Top Colleges | Average Salary in EURO (€) |
1 | TUM Technische Universität München | 50000 |
2 | Hochschule Pfrozheim | 55000 |
3 | HHL Leipzig Graduate School of Management | 64000 |
4 | Frankfurt School of Finance and Management | 65000 |
5 | Cologne Business School | 69302 |
6 | ESMT Berlin | 74536 |
7 | WHU – Otto Beisheim Graduate School of Management | 75557 |
8 | Mannheim Business School (MBS) | 87124 |
9 | ESCP – Berlin Campus | 91320 |
10 | Berlin School of Economics and Law (HWR) | NA |
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