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    Mannheim Business School, MANNHEIM, BADEN-WURTTEMBERG

    Mannheim, Baden-WurttembergLocation
    SchoolSchool type
    EStd 2005established year

    Mannheim Business School: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

    Hitaishi Bhatia's profile photo

    Hitaishi Bhatia

    Study Abroad Expert | Updated on - Apr 3, 2021

    Established in 2005, Mannheim Business School (MBS) at the University of Mannheim is located in the heart of the German and European economy, the city of Mannheim, Baden-Württemberg. It holds Triple Crown accreditation from AACSB International, EQUIS, and AMBA, held by the top 1 % of business schools in the world.
    Among the top business schools in Germany, it has consistently been ranked #1 by various agencies. MBS offers international MBA programs in four categories namely the Mannheim Master of Business Administration (part-time and full-time), Executive MBA, weekend and modular Executive MBA, and the Mannheim & Tongji Executive MBA. The school is a pioneer in offering an Accounting and Taxation program at the graduate level as well.
    Known for world-class research and teaching, strong practice- orientation, and unmatched quality management, it attracts a lot of international students to study in Germany. The school enrolls around 640 students with 60% international representation.
    Mannheim Business School (MBS) admissions are highly competitive and selective. The school’s acceptance rate is close to 17% rendering it the status of highly competitive to get in. Admission to the school requires a GMAT score and a minimum of three years of working experience.

    Mannheim Business School Rankings

    This coveted business school is among the top leading business schools in the world and has been ranked # 1 in Germany consistently. Tabulated below are the schools’ ranking for the year 2021.

    Ranking Body National Ranking World Ranking
    Forbes 1 9
    Bloomberg Businessweek 1 10 (Europe)
    Economist 1 9
    Times Higher Education 1 33
    Poets & Quants International 1 10
    QS Global MBA Rankings 1 39

    Highlights

    Type Business School
    Establishment Year 2005
    Campus Setting Urban
    Location Mannheim, Baden-Württemberg, Germany
    Total Number of Students 640
    International Students (%) 60%
    Female-to-Male Ratio 4:6
    Total Faculty 107
    Accommodation Not Available
    Application Portal Online
    Application Fee Varies
    Mode of Program Full-Time, Part-Time & Online 
    English Proficiency Tests IELTS/TOEFL
    Official Website mannheim-business-school.com

    Mannheim Business School Courses

    Mannheim Business School Campus and Residence

    • Centrally located at the upper side of the Mannheim Squares lies the Mannheim Schloss which serves as the home to the University of Mannheim.
    • The school’s campus is mainly based in the baroque palace in the center of the city which was built between 1720 and 1760 by Charles Theodore, Elector of Bavaria.
    • With its 450 meters long façade and six hectares of enclosed space, its dimensions exceed even those of the Palace of Versailles.
    • Almost half of the most important German companies are located within a 250-kilometer radius of the Mannheim campus.
    • Business School of University of Mannheim’s students may join the two student committees they offer for Management and Economic & Business Education.
    • Other than this, the students may also participate in events, clubs, athletics, etc.
    • It has approximately 3,500 students. Business School comprises 19% international students out of which 50% female students.
    • Mannheim as a city has a lot to offer with its concerts, museums, and theatres. The area also is an excellent location from an economic viewpoint being home to several multinational companies from different industries and attracting numerous foreign companies.

    University of Mannheim students may reside at Studierendenwerk. They provide 3,200 rooms in form of apartments or a single room in a residence hall, situated in a traditional working-class neighborhood, or an upscale suburb. Most rooms are furnished and connected to the university's computer center, which makes internet surfing free of cost. Price also includes heating, hot water, and hall cleaning.

    Mannheim Business School Application Process

    Application Portal: Click Here to Download the Form

    Application Fee: 130 EUR

    Basic Admission Requirements

    • An internationally recognized academic degree in any discipline
    • A minimum of B+ average
    • GMAT: a minimum score of 600
    • At least 3 years of postgraduate working experience
    • Proof of English Language Proficiency
    • Proof of German Language Proficiency (for particular programs)
    • Letter of Motivation (500 words)
    • References
    • Interview 
    • German Student Visa 

    English Proficiency Requirements

    Tests Minimum Score Required
    IELTS 7.0
    TOEFL iBT 95

    Mannheim Business School Cost of Accommodation

    The cost of living in Germany when enrolled at the institute includes accommodation rates, books, food, health insurance, etc. The tuition fees for various programs offered by Mannheim Business School are tabulated below:-

    Expenses Amount (EUR)
    Tuition fees (MBA) 39,500
    Housing and Meals (estimated) 10,200
     Health Insurance 800
    Books and Supplies 1,250
    Personal Expenses and Transportation 2,300

    NOTE:- The amounts do not include transportation, accommodation, and living costs. It varies depending upon the choice of lifestyle and the city you live in and would cost nearly around 750 EUR.

    Mannheim Business School Scholarships

    At Mannheim Business School, a range of scholarships in Germany for international students are available to outstanding applicants to help them finance their education. 

    • Prodigy Finance Loan Program for International Students: International students accepted into the full-time MBA program are eligible to apply for a loan with Prodigy Finance. Interest rates vary depending on individual applicants. For further detail about the terms and conditions, students can visit the official website, Prodigy’s website.
    • Scholarship for Women in Business: The scholarship amount is modest (1,000-2,000 EUR) and awarded on a competitive basis. A decision on whether a student has been successful in obtaining a scholarship will not be made before June 2020.
    • Scholarship For The Most Outstanding Candidate: The scholarship is offered to students with a high score on the GMAT or GRE and TOEFL or IELTS (if appropriate), international working experience with excellent foreign language skills (e.g. min. German at B2 level), and social engagement. The amount of the scholarship is 7,000 EUR.
    • Deutschland Scholarship: Amount (300 EUR); Applicants for bachelor's, master's, and Staatsexamen study courses based on their study performance.
    • Opportunity Mannheim Scholarship: Amount (varies); Awarded to students who show high commitment in their program of study despite their difficult financial situation.
    • There is an innovative way offered to finance the studies named the Generation Contract of Brain Capital. The students with a minimum income of 30,000 euros receive payment repayable in 10 years. Anyone having even lower income gets limited repayment facilities.

    Mannheim Business School Placements

    • Over 90% of the graduates (in 2018) got job offers within three months of their graduation and 75% of international students continue their career in Germany after completion of the course.
    • Amazon, BASF, Daimler, Danfoss, Microsoft, SAP, PwC, McKinsey, Volocopter, and Würth are few names of the prestigious companies which recruit MBS students after completion of their studies.
    • The center for career development provides individual career coaching, company visits, soft skills enhancing workshops, training for writing CVs and cover letters.
    • Career weeks and company recruitment fairs are also organized to help the students gain their dream jobs.

    Some of the average salary figures of  the MBS graduates are as follows:

    By Area/By Degree Average Salary in USD
    Financial Services 131,000
    Consulting, Accounting and Professional Services 58,000
    Masters in Finance 167,000
    MBA 119,000

    The institute has a career network that allows the students and the employers to connect and gather exposure. The career network includes services, such as application checks, job fairs, a central calendar of events at the University, CV-Book, JobBoard, etc.

    Master’s students have been recruited in companies like Samsung, WURTH, Roche, Allianz, and more. Nearly 96% of Master's students find a job within 3 months after graduation.

    Mannheim Business School FAQs

    Ques. What is the admission application fee of the Mannheim Business school?

    Ans. The university charges 145 Euros (MBA 130 Euros) for its admission application fees.

    Ques. What is the minimum IELTS score required for admission to MBA?

    Ans. The minimum score requirement is 7 bands though students who get admission generally score higher.

    Ques. Is it mandatory to have work experience for getting admission at MBS?

    Ans. A minimum of three years of professional work experience is a pre-requisite for the MBS MBAs.

    Ques. What proof is required to show the work experience?

    Ans. Verifiable letters from the current or past employers are to be submitted.

    Ques. How much discount will I get if I submit my application before the first early bird discount date?

    Ans. A discount of 3,000 Euros is offered for the first early bird and 1,000 euros for the second early bird admission deadlines.

    Ques. What is the average tuition cost at the university?

    Ans. The tuition cost is around 39500 Euros. It varies for different courses.

    Ques. What is the acceptance rate of the college?

    Ans. The acceptance rate of the college is around 17%.

    Ques. Is there a possibility of getting a waiver from GMAT score submission?

    Ans. GMAT is a compulsory requirement to get admission at MBS.

    Ques. Is the GRE score valid in place of the GMAT?

    Ans. Yes, The school accepts a GRE score equivalent to GMAT 600 and above.

    Ques. Does MBS provide career guidance or help in career development?

    Ans. The school is catered by a fully operational and equipped career development center and provides all possible help to its graduates in getting the right placements.

    Ques. Do I need to learn German to get admission to MBA?

    Ans. German language proficiency is not a requirement to get admission though to work in Germany knowledge of the language will be required.

    FIND A PROGRAM

    $ 43,8451st YEAR
    FEES

    1 year

    Course Duration

    Nov 30

    Application Deadline

    LOR | SOP

    ENTRY Requirement

    EXAM SCORESGMAT600|TOEFL95|IELTS7.0
    $ 3,7181st YEAR
    FEES

    3 years

    Course Duration

    Jul 15

    Application Deadline

    EXAM SCORESTOEFL100|IELTS6.0
    $ 3,3301st YEAR
    FEES

    2 years

    Course Duration

    May 31

    Application Deadline

    EXAM SCORESGMAT600

    3 years

    Course Duration

    Jul 15

    Application Deadline

    EXAM SCORESTOEFL100|IELTS6.0

    2 years

    Course Duration

    Mannheim Business School Overview

    Insitution type
    Public
    Application Cost
    $145
    Average Cost of Attendance
    $3,718 / Year

    Admission & dates

    Spring Admissions Deadlines

    November 30

    Application deadline

    Summer Admissions Deadlines

    March 31

    Application deadline

    Test Scores For International Applicants

    ExamsAvg. ScoreMin ScoreMax. Score%Submitted
    Graduate
    GMAT-600800-
    Language Proficiency
    IELTS-79-
    TOEFL-95120-

    Attendance Cost

    $3718

    attendance cost

    The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate. Check Program wise Fees

    Tuition fees
    Undergraduate Programs
    $3,718 / Year
    Post Graduate Program
    $43,845 / Year
    On Campus
    Room Rent
    $10,851 / Year

    Ranking

    202120202019201820172016
    Financial Times logo

    Financial Times

    RANKED  #58

    Overall(International)

    Nearest Ranking

    +49-621-181-1281
    TELEPHONE
    Mannheim Business School gGmbH L 5, 6 68161 Mannheim
    ADDRESS

    Nearby this campus

    • Bus Station

    Bus Station

    Schloss MA0.32 km
    Schloss MA0.36 km
    MA Hauptbahnhof0.43 km
    MA Hauptbahnhof0.44 km
    Show More

    *All distance are measured radially. Actual distance may vary

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