STUDY IN GERMANY
WHY MBA PROGRAMS IN GERMANY?
The Federal Republic of Germany is the country in the largest country in Central Europe. It shares its border to the north by Denmark, east by Poland and the Czech Republic, south by Austria and Switzerland and west by France, Belgium, and the Netherlands. Germany constitutes a federation of 16 states east with their own distinct and unique cultures. It is the second most populated country in Europe after Russia. Germany is the most populated member state of the European Union. Presently, Germany is a sovereign state led by Chancellor. Germany’s capital is Berlin and its financial capital is Frankfurt. It has one of the most eminent economic in the world. The country has the world’s fourth largest economy by nominal GDP and fifteenth largest in PPP. It one of the world’s highest exporter and importer of goods. It is concluded in many researches that Germans take their work very seriously and it the major reason for the very low corruption and high innovation in the country. It has the highest labour productivity level in the world as per OECD. It has a high literacy rate of around 99 percent.
EDUCATION SYSTEM IN GERMANY
Education is totally under the surveillance of the state. Kindergarten is optional for children between the age of three and six years. Primary schooling is compulsory for all children for a minimum of nine years. Due to the different policies of different states, there is a difference in the education system of Germany. The system pays special emphasis on education and necessary training to meet the nation’s requirement. Germany has adopted the system of V.E.T. which is a dual education system where vocational education and training is provided to enable them to be better in their job. Around 430,000 companies are partners in this system and most of them hire students from this system. It is the reason for higher literacy rate because it encourages young to get educated and clearly see the fruit of their loom.
Germany has many parts of the education system for different age group and eligibility of the students. Its main objective is to provide adequate education to all the children in the country and give them a fair chance to get a job and sustain their life. Germany’s universities are internationally recognized. They are one of the best universities and have produced many significant personalities. A large number of universities are public and are funded by the government. These universities do not have any tuition fees but have semester fees which include administrative fees, universities cafeteria expenses and public transport tickets. Because of this system, it won’t be wrong to conclude that education is open for all in Germany.
MBA IN GERMANY
Master in Business Administration (MBA) is a postgraduate degree which equips the student with business and managerial skills which are very important in organizations. The programme was initially started in the US from which it spread throughout the world. At present more than millions of institute offers MBA but few of the degrees have its significance in international platforms. Many German institutes offer MBA which are notably ahead of the crowd. They have international recognition and also ensures the knowledge and skills of the student. Only one percent of the total business Schools have triple accreditations from AMBA, AACSB, and EQUIS. Most of the German Institute holds triple accreditation which ensures its MBA degree Quality.
MBA is an expensive degree and not everyone has that much money. The cost of an MBA in Germany is relatively low compared to other countries. Many public universities are funded by the state that’s why tuition fees are low. The business schools in Germany have competent and eligible teaching staffs which are trained to guide students in better learning and understanding the concept.
The programme is designed to be compact and adequate so to prevent the wastage of time and resources of students and universities. Most of the MBA programmes take 18- 20 months varying on universities. As it was stated that Germany is the hub for many international organizations it gives a fair chance for the students to get jobs. Many companies hire directly from Business schools for permanent jobs. It motivates young and well- educated individuals to be ready to enter a challenge of real life. Business Schools in Germany offers programmes such as dual MBA, MBA, Executive MBA, and many more. The schools also give an option to the students to choose the area of specialization.
WHY GERMANY IS SUITABLE FOR INTERNATIONAL STUDENTS?
Germany in the year 2014 decided to implement no tuition fee policy. International Students studying in German public universities are exempted from paying tuition fee. International Students has to pay an administrative fee, student union fee, and public transport ticket fees with altogether amounts to € 250 per semester.
Germany has few of the world’s top-ranked universities. The quality of education and training is assured through international accreditations. At present Germany has 106 universities which have affiliated around 429 public higher education institutions.
Universities in Germany offers numerous degree recognized internationally. Proper education and guidance are given by teachers to all the students for better understanding and learning. Cost of living in Germany is not that expensive and students have multiple options to afford their basic necessities. German law also allows international students to work part-time for up to 20 hours a week and 120 full days in a year. Most of the international students in Germany work part time to afford their fees and lifestyle.