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About Munich Business School

Average Tuition Fee Per Year

Undergraduate: $ 10250
Postgraduate: $ 15200

Cost Per Year

Overall cost of living: $ 0
Campus accommodation: $ 0

Munich Business School Contact Details

Elsenheimer street 61, Munich, Munich, 80687, Germany
Email: info@munich-business-school.de
Phone: +49(0)89 547678-0

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

Munich Business School Highlights 

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College Info

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

Munich Business School Rankings

  • #111-120th US Universities Rank - QS Top Universities
  • #217th National Rank - US News
  • #285th US College Ranking - Times Higher Education
  • #235th Rank in the United States - Washington Monthly
  • #198th Country Rank - UNI Rank
  • #520th World Rank - UNI Rank

Munich Business School Tuition Fees

Munich Business School include:

Majors

Percentage of Graduates

Nursing

12%

Read more

Courses 1st Year Tuition Fees Duration & Eligibility

MIM(10 courses)

USD 26 K - 45 K

Duration: 1 year-2 years
Exam Accepted: IELTS: 6.5 - 7, TOEFL: 80 - 88, PTE: 52 - 60

Munich Business School Entry Requirements

Courses Exam

The University of Adelaide Rankings
  • #101-150 Universities Rankings - ARWU (Shanghai Ranking) 2022
  • #109 World University Ranking - QS 2023
  • #88 University Ranking - THE (Times Higher Education) 2023
  • #74 Global Universities - US News & World Report 2023

Know more about Studying in USA

Tuition Fees in USA (1st Year Average) BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176
Average Accomodation & Food Costs in USA USD 700 to 1000 Per Month
Entrance Exams in USA TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177
Work and Study in USA Permitted for 20 hours/week with a valid study permit. Know More
Post Study Work Permit in USA One to Two Years after graduation depending on the course.
Cost of Student Visa in USA USD 160
Student Visa in USA F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More
Intakes in USA There are Three Intakes in USA: Fall (August-September), Spring (January) Know More
Top Job Sectors in USA Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance.
Economy in USA GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal