Why Study MBA from Germany
“Leadership and Learning are indispensable to one another- JFK”. For MBA graduates this quote will make sense. An MBA graduate seeks to achieve leadership skills along with the savoir-faire of discipline he completed his studies in. With the advent of the global education system and integration of knowledge into the mainstream, foreign/international education is gaining great momentum.
In today’s topic, let us discuss MBA from Germany and various cognitive and resourceful attributes it can provide. There are several factors that a student should take into account to determine the country he can pursue his further studies in a particular discipline. Economy, Research and analysis options, market flow, work options, etc. are some of the key areas an MBA aspirant should look at.
Why MBA from Germany?
To answer this question, let us do a methodical analysis of Germany as an economy and as an education hub.
- The German economy is considered to be one of the strongest economies in the European region. The recent statistics show that the German economy is projected for another leap in the GDP to 2.4%. This, in turn, proposes for employment opportunities on a larger scale for the student to land themselves a job (based on their skills and caliber).
- Germany is one of the few sought-after education destinations for having some of the best schools with high education quality in technical and non-technical disciplines.
- Germany is known to value education as one of its topmost priorities. It is one of the very few countries absorbing even international students at an affordable tuition fee (it’s either negligible or very low).
- The MBA aspirants do have an edge over other disciplines, for most of the programs are taught in English.
- Another significant and alluring feature of Germany is its low cost of living. As per the German government mandate, the estimated monthly expenses in Germany amounts to 750-850 Euros.
- Germany houses some of the best companies in the marketing and financial sectors for an MBA internship like McKinsey, Deloitte, Amazon, Google, Goldman Sachs, Bain and Company, Genentech, Citi, respectively.
- Some of the best schools to study MBA in Germany are – TUM (Technical University of Munich), LMU Munich, RWTH Aachen University, TUB, Heidelberg University, Humboldt University of Berlin, et al.
- Germany not only provides the part-time work opportunities to students (240 half days) during studies but also allows them to work full-time (120 full days) during school holidays.
- Students are permitted to stay up to 18 months post the completion of their studies to search for the appropriate job.
These are some of the features why Germany is a must-have as a study destination for an International student (especially Indians). Given the current statistics of the prevailing competition in the job market, one must look out for strengthening their profiles with skills that meet the employer needs. Learning new skills enables more avenues to open up in a cascading manner. Hence, one should always strive to work on upgrading and honing new skills into their cognitive sphere.