university of mannheim business school

Last Updated on January 17, 2023

As a student of the prestigious University of Mannheim Business School, you have invested considerable resources toward your post-graduate education. In order to reach your desination of success, the world will learn that you are an intelligent, creative academically trained business professional who is equipped with the tools necessary to be the best.

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 BodyNational RankingWorld Ranking
Forbes19
Bloomberg Businessweek110 (Europe)
Economist19
Times Higher Education133
Poets & Quants International110
QS Global MBA Rankings139

Highlights

TypeBusiness School
Establishment Year2005
Campus SettingUrban
LocationMannheim, Baden-Württemberg, Germany
Total Number of Students640
International Students (%)60%
Female-to-Male Ratio4:6
Total Faculty107
AccommodationNot Available
Application PortalOnline
Application FeeVaries
Mode of ProgramFull-Time, Part-Time & Online 
English Proficiency TestsIELTS/TOEFL
Official Websitemannheim-business-school.com

Mannheim Business School Courses

  • Mannheim Business School offers full-time, part-time, and online programs in various business and management-related fields.
  • Master’s programs at Mannheim Business School include MBA, Mannheim Executive MBA, ESSEC & MANNHEIM Executive MBA, MANNHEIM & TONGJI Executive MBA, Mannheim Master in Management Analytics, Mannheim Master of Accounting & Taxation, Company Programs, Open Courses, and Summer programs, MSc Management and MSc Economics and Business Education.
  • Bachelor’s in the management field offered at Mannheim include BSc in Business Administration and BSc in Economics and Business Education.
  • Students can do a doctorate at MBS, by two methods, namely, Centre for Doctoral Studies in Business (CDSB) Ph.D. programs in the Areas of, Accounting, Finance, Information Systems, Management, Marketing, Operations Management, etc. Doctoral Program at a Chair.
  • MBS has got another campus that allows students to pursue executive education as well.

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

TestsMinimum Score Required
IELTS7.0
TOEFL iBT95

Mannheim Business School Cost of Accommodation

University of Mannheim - International Programs - University of Maine

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:-

ExpensesAmount (EUR)
Tuition fees (MBA)39,500
Housing and Meals (estimated)10,200
 Health Insurance800
Books and Supplies1,250
Personal Expenses and Transportation2,300

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 DegreeAverage Salary in USD
Financial Services131,000
Consulting, Accounting and Professional Services58,000
Masters in Finance167,000
MBA119,000

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.

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