Munich Business School
Description of Munich Business School
The Private University of Munich Business School (or MBS) is an educational institution of applied form of study, which is listed in TOP-10 business schools in Germany and has proven itself in all of Europe and the world. The institution was founded in 1991, successfully passed accreditation in Bavaria (1999), and under the present name has been working since 2003 (at the same time, bachelor, master and MBA programs were approved). By the way, MBA programs are accredited by the universities in the FIBAA (Foundation for the Accreditation of International Programs in Business Administration): there are more than 600 well-known and popular specialists among the graduates of the department.
Teaching students the rules of doing business, the Munich Business School does not forget about personal development: education here is complex, aimed at including the development of personal responsibility, independence, the ability to make quick and non-standard decisions. Courses are conducted in both English and German languages - students can choose for themselves the best program for themselves.
All educational programs (starting with undergraduate) include practical internships - they can be held in Germany or any other country in the world. So, students of bachelor's programs are waiting for at least 3 practices. In addition, student exchanges are regularly held - MBS cooperates with many prestigious universities in 18 countries, for example:
- Florida International University (FIU), USA: three master's courses and 1 MBA
- Boston University, Metropolitan College, USA: 3 bachelor's programs and 1 master's degree
- Skema Business School, France: Bachelor's degree, 7 master's programs and 3 MBA options
- Bond University Gold Coast, Australia: 2 master's courses
- Master's courses in London
Student exchange gives the opportunity to get a double diploma (Pre-Master Dual Degree), since the student is studying 2 semesters in MBS and two in a partner university (note that the second diploma is paid separately).
Munich Business School is regularly celebrated in national and international rankings:
- Included in TOP of the best German universities (according to Wirtschaftswoche and Handelsblatt Karriere, 2011)
- 4th place among Universities of Germany (Universum, 2011)
- Best results in the country in 4 out of 5 categories: organization of study, general description of the educational process, international orientation, practical approach (data of the University Center Development (CHE), 2011)
- Ranked among the best German business schools (Times of India, 2012)
- 1st place among business administration programs among private applied universities in Germany (WirtschaftsWoche, 2015).
The Munich Business School is famous as one of the most international universities in the country - the total number of students reaches 400 people, among them 30% are foreign students. This forms a comfortable environment for study and teaches students to be more attentive to representatives of other countries and cultures, to conduct business with professionals from any country in the world.
One of the main priorities of studying at the Munich Business School is the maximum orientation to practice. Students from the first year learn to apply practical knowledge in real life, on real situations and business moments, to integrate their skills into domestic and international operations.
Programs and prices, tuition fees in Munich Business School
BACHELOR
The Munich Business School offers a sufficiently large selection of undergraduate programs: according to the Bologna system adopted in Europe, this is the first stage of higher education.
Most of the students study at the Bachelor of Arts in International Business, which has several specializations to choose from:
- Marketing & Sales (sales and marketing in the international community)
- Financial Management (international financial management and accounting)
- Human Resource Management (Human Resource Management in International Business)
- Corporate Governance (International Corporate Governance)
- Sports Management (international sports management)
- Media Management (international management in the media and media)
- Accounting (accounting in international business)
- Accountingand Corporate Taxation (Accounting and Corporate Taxation).
- Marketing Management.
Also, students are offered several regional programs:
- Asian-Pacific Business Studies
- Arabian and Middle Eastern Business Studies
- Russian and Eastern European Business Studies
- Spanish, French or Italian Business Studies.
The duration of the studying is 6 semesters (3 academic years): one of them is spent at least one semester abroad at the partner university, at least 30 weeks are allocated for foreign internships and time is allocated for writing the thesis. The progress is assessed with the help of academic credits: for the entire period of study the student must earn at least 210 credit units (ECTS).
The full-time education was accepted with the obligatory attendance of classes. Studying is conducted in both German and English (there are combined programs and are completely separate). At least one additional foreign language is compulsorily studied: it can be Russian, Arabic, German, French, Italian, Chinese, Spanish - the student chooses independently.
The beginning of studying is in September and February, applications are accepted within a year.
The applicant must present the following documents to the Admission Board:
- Copy of the certificate of secondary education
- Certificate of sufficient level of English: TOEFL iBT from 90, or IELTS from 6.5, or ELS from 112 (for the course in English)
- Filled out application form
- Motivation letter
- Passage of personal interview (you can by Skype)
- Personal summary and recommendations (if possible).
All documents must be translated and notarized.
BACHELOR
The Munich Business School offers a sufficiently large selection of undergraduate programs: according to the Bologna system adopted in Europe, this is the first stage of higher education.
Most of the students study at the Bachelor of Arts in International Business, which has several specializations to choose from:
- Marketing & Sales (sales and marketing in the international community)
- Financial Management (international financial management and accounting)
- Human Resource Management (Human Resource Management in International Business)
- Corporate Governance (International Corporate Governance)
- Sports Management (international sports management)
- Media Management (international management in the media)
- Accounting (accounting in international business)
- Accountingand Corporate Taxation
- Marketing Management.
Also, students are offered several regional programs:
- Asian-Pacific Business Studies
- Arabian and Middle Eastern Business Studies
- Russian and Eastern European Business Studies
- Spanish, French or Italian Business Studies.
The duration of the studying is 6 semesters (3 academic years): one of them is spent at least one semester abroad at the partner university, at least 30 weeks are allocated for foreign internships and time is allocated for writing the thesis. The progress is assessed with the help of academic credits: for the entire period of study the student must earn at least 210 credit units (ECTS).
The full-time education was accepted with the obligatory attendance of classes. Studying is conducted in both German and English (there are combined programs and are completely separate). At least one additional foreign language is compulsorily studied: it can be Russian, Arabic, German, French, Italian, Chinese, Spanish - the student chooses independently.
The beginning of studying is in September and February, applications are accepted within a year.
The applicant must present the following documents to the Admission Board:
- Copy of the certificate of secondary education
- Certificate of sufficient level of English: TOEFL iBT from 90, or IELTS from 6.5, or ELS Level from 112
- Filled out application form
- Motivation letter
- Passage of personal interview (you can by Skype)
- Personal summary and recommendations (if possible).
All documents must be translated and notarized.
MASTER
The programs Master of Arts (MA) in International Business and MA in Sports Business and Communication are designed for 18 months (1.5 years, standard course) or 24 months (2 years, double diploma, additional education in one of the partner universities). Required practical internship lasting from 10 months is stipulated. With a double diploma, students study abroad for 2 semesters, with a standard one - at least 1 semester.
The MA in Sports Business and Communication is conducted only in German. Required minimum level of ownership is C1.
Students are offered a choice of the following specialties (you can choose immediately 2 for studying):
- Accounting and Corporate Taxation (conducted in cooperation with KPMG)
- International Marketing Management
- Innovation and Entrepreneurship
- Luxury Management
- International Financial Management (conducted in cooperation with Ernst & Young)
- International Family Firms.
Studying can be conducted in German or English (there are also combined bilingual courses). Other foreign languages (a choice of German, Chinese, Spanish) are studied at will. The progress of students is estimated with the help of earned academic credits: for the entire period of study, everyone should receive at least 90-120 ECTS (credit units).
The beginning of the classes is in September (the application for studying can be submitted from the autumn, subject to receipt in the next year).
Applicants of master's courses must submit the following documents to the admission committee:
- Certificate of sufficient knowledge of English: TOEFL iBT from 90 or IELTS from 6.5 or ELS Level from 112, as well as a certificate of knowledge of the German language (level A 1.1 and above)
- Bachelor's degree in the relevant specialty (you can copy)
- Filled out application form
- Motivation letter
- Passage of personal interview (you can pass it by Skype)
- Recommendations from the employer and personal resume (if possible, but very desirable).
All documents must be translated and notarized.
MASTER
The programs Master of Arts (MA) in International Business and MA in Sports Business and Communication are designed for 18 months (1.5 years, standard course) or 24 months (2 years, double diploma, additional training in one of the partner universities). Required practical internship lasting from 10 months is stipulated. With a double diploma, students study abroad for 2 semesters, with a standard one - at least 1 semester.
The MA in Sports Business and Communication is conducted only in German. Required minimum level of ownership is C1.
Students are offered a choice of the following specialties (you can choose immediately 2 for studying):
- Accounting and Corporate Taxation (conducted in cooperation with KPMG)
- International Marketing Management
- Innovation and Entrepreneurship
- Luxury Management
- International Financial Management (conducted in cooperation with Ernst & Young)
- International Family Firms.
Studying can be conducted in German or English (there are also combined bilingual courses). Other foreign languages (a choice of German, Chinese, Spanish) are studied at will. The progress of students is estimated with the help of earned academic credits: for the entire period of study, everyone should receive at least 90-120 ECTS (credit units).
The beginning of the classes is in September (the application for studying can be submitted from the autumn, subject to receipt in the next year).
Applicants of master's courses must submit the following documents to the admission committee:
- Certificate of sufficient knowledge of English: TOEFL iBT from 90 or IELTS from 6.5, as well as a certificate of knowledge of the German language (level A 1.1 and above)
- Bachelor's degree in the relevant specialty (you can copy)
- Filled out application form
- Motivation letter
- Passage of personal interview (you can pass it by Skype)
- Recommendations from the employer and personal resume (if possible, but very desirable).
All documents must be translated and notarized.
MBA
The program is designed for 2 academic years and provides the correspondence form of studying: it is very convenient for adult students who want to get a prestigious education without interrupting their main work activity.
At the Munich Business School the following MBA specialties are offered:
- MBA General Management
- MBA International Management.
You can start studying in March or September. Applicants must provide the admission committee with the following documents:
- Bachelor's degree in the relevant specialty (you can copy)
- Certificate of sufficient level of English: IELTS from 6.5, or TOEFL iBT from 90, or ELS Level from 112
- At least 2 years of work in the specialty
- Recommendations from employers, personally resume
- Passage of personal interview (you can pass it by Skype)
- Motivation letter
- A completed application form.
All documents must be translated and notarized.
A written invitation for a MBS visa is provided only when passing an international MBA program.
The Munich Business School also offers preparatory courses (Preparatory Programs & Courses) for studying:
- Pre-Bachelor Studying Program (preparation for undergraduate)
- Pre-Master International Business (preparation for master's programs)
- Pre-MBA International Management (preparation for the MBA program)
The Pre-Bachelor Study Program is conducted in English. During the studying you will receive a business knowledge that will allow you to enter the bachelor's program at a business school, also to prepare for the TOEFL international exam and to attend German language courses.
Entry requirements:
- Availability of an international IB or A-level certificate
- Knowledge of English at B2 level
- The beginning of the studying is September.
- Duration of studying: 16 weeks (4 months).
The Pre-Master International Business course will allow you to prepare and enter the Master's program in the field of international business. You will gain knowledge on the following subjects: organization management, business communications, strategic marketing, financial management and others. The course is in English.
Entry requirements:
- Bachelor's Degree in relevant specialty
- Certificate of sufficient knowledge of the English language: TOEFL iBT from 90 or IELTS from 6.5 or ELS Level from 112
- The beginning of the studying is June.
- Duration of studying: 12 weeks (3 months).
The Pre-MBA International Management course will be an excellent preparation for entering the MBA program in this and other educational institutions. The course is in English. Also includes an intensive German course.
Entry requirements:
- Bachelor's Degree in relevant specialty
- Certificate of sufficient level of English: IELTS from 6.5, or TOEFL iBT from 90, or ELS Level from 112
- At least 2 years of work in the specialty
- Passage of personal interview (you can by Skype)
- Motivation letter
- The beginning of the studying is the end of July.
- Duration 5 weeks.
Accommodation, meals, prices
The university does not have its own residences for students: together with SMAPSE specialist and the Department for work with foreign students you will be able to choose for yourself a comfortable accommodation, based on your needs, tastes and possibilities.
All prices are quoted per person. Students also organize nutrition for themselves: you can use shared kitchens in a residence, studio or apartment, you can eat in the student cafeteria or in numerous institutions in Munich.
Subjects, specialties
Advantages
- The business school has a high position in national, European and world rankings, has all the relevant accreditations in Germany and from the relevant independent agencies;
- The ability to choose the convenient language of instruction - English or German;
- A wide range of options for higher education: many specialties are offered on bachelor, master and MBA programs;
- More than 20 double programs - close cooperation with universities around the world (more than 50 partners!) gives students the opportunity to obtain a double diploma without spending additional years studying;
- Compulsory practical internships are an excellent opportunity to earn valuable practical experience, to establish valuable connections, to test theoretical knowledge in practice;
- Small educational streams (no more than 25-30 students per course), compact classroo ;
- More than 30% of students are foreign; students: this proves the prestige and quality of educational programs, the relevance of the educational model of a business school
- Some of the best MBA programs are offered in Europe.
Facilities and equipment at Munich Business School
Munich is recognized as one of the most beautiful, historically valuable and at the same time dynamic cities of modern Germany, it is a large business, cultural, financial and educational center of the country. Its convenient location near the foothills of the Alps and the most beautiful Bavarian towns (famous for the legendary Oktoberfest) makes learning at the business school not only effective, but also pleasant and comfortable. In the city, students can explore the famous museums of Pinakothek, the English Garden, the huge Olympic Stadium, Frauenkirche and many other attractions, monuments of art and architecture. It is in Munich that the headquarters and main offices of world corporations are located: BMW, Siemens, Allianz, more than 8000 companies in the field of information technology.
Admission dates and extra charges
New applications are usually accepted from January to May, the beginning of studying is September.
The following components are paid additionally:
- Registration fee
- Document processing fee
- Academic deposit
- Obtaining a double diploma
- Flights to both sides
- Transfer in both directions
- Visa fees and services, translation and certification of documents
- Consular fee
- Accommodation and meals
- Personal pocket expenses.
Extras:
- Registration fee (for a programme/course) 490 EUR
- Deposit for a course/programme 1790 EUR
- Application Fee 690 EUR
Entry requirements, how to apply, what is required to enrol
The business school places quite high demands on its future students - of course, they depend on the degree to which the new student is applying.
- Bachelor's entrants must submit to the admissions committee an A-level certificate or his equivalent (certificate of completed secondary education), it is good to pass the testing of SAT or ACT, and also to confirm a high level of English - TOEFL iBT 88 and above / IELTS from 6.5;
- Applicants must also provide a TOEFL iBT 88 and higher / IELTS 6.5 certificate, as well as a bachelor's degree in the relevant specialty (grades of at least "above average").
Literature and references
- Munich Business School — Wiki
- Munich Business School : Rankings, Fees & Courses Details — Top Universities
- Munich Business School : Rankings, Fees & Courses Details — TopMBA.com
- Munich Business School [2023 Rankings by topic] — EduRank
- Munich Business School — World University Rankings THE
- Munich Business School Ranking & Overview 2024 — uniRank University Ranking
Institution on the map
Residence permits, citizenship and other services
- Guardianship services during the studies
- Student supervision
Review about Munich Business School
Many thanks to Evgeny for his help with the selection of an educational institution for our son, in organizing a meeting with representatives of the school in Moscow, with the selection of documents necessary for admission - he organized the whole process "turnkey" in the shortest possible time. Already now we have received the documents on enrollment and are waiting for the onset of the new academic year at the Munich Business School.
Recommendations on when to apply
| Language courses, schools and children's language camps | Primary and secondary education - private schools | Preparation programmes for entering universities - higher education | Higher education (after completing accredited programs A-level, IB, High School) - Bachelor, Master, MBA |
| - we recommend to apply 6-9 months before the start of the course (some camps and schools offer discounts for early booking or for lengthy study programs) - there are some very popular and high demand children's camps, where the applications need to be submitted 1 year in advance (in particular Switzerland , Great Britain , USA , Canada , Austria) | - we recommend to apply one year before the start of the training program, - some schools have a specific time frame (September-November - please specify an individual school) - some schools require tests in several stages (UKISET, internal tests of the school: English, mathematics, logics, subjects, interview, some require a personal visit) | - we recommend to apply one year before the start of the program, - for Foundation and Pathway programs, IELTS and TOEFL certificates are usually required, respectively | - recommended submission one year before the start of the program, - the deadline normally closes in January, for TOP HEIs and, as a rule, in March in other universities - for a bachelor, a Foundation or Pathway preparatory program a completed A-level, IB, High School + IELTS / TOEFL are required - for Masters you need a graduated higher education, in some cases you need a pre-Masters program - MBA requires completed higher education, work experience preferably at least 2-3 years, etc. |
