MBA Jobs in Germany – Opportunities & Average Salary

MBA programs in Germany can offer a bag full of opportunities for skilled professionals. Not only does it hold potential, but it also helps you gain specialized skills for specific jobs. Indeed, there are multiple job opportunities after MBA in Germany that you can look into. If you are planning to apply for an MBA in this country, this article will help you list down all the job opportunities in Germany after MBA for your benefit. 

Job Opportunities After MBA in Germany from Top Universities 

A two-year Master of Business Administration (MBA) course from top universities in Germany will skyrocket your professional career. With this course, students can get into various specializations including finance, marketing, supply chain management, operations or human resources. The country offers ample job opportunities after MBA in Germany to international students. Not only are the programs comprehensive and practical, but also affordable. Due to this, the country witnesses influx of a huge number of international students every year.

Here’s a list of all the top universities offering the highest MBA graduate employability: 

• Technical University of Munich 
• Frankfurt School of Finance and Management 
• The European School of Management and Technology (ESMT) 
• WHU: Otto Beisheim Graduate School of Management 
• Cologne Business School 

Study and settle in Germany – Consult Experts Now!

Other Top Paying Universities in Germany 

Top Paying Companies in Germany

After completing MBA, skilled professionals looking for job opportunities in this country are offered jobs by various recruiters. Here is a list of all the best-paying companies in the country that offer job opportunities in Germany after MBA. 

You can apply for MBA courses in Germany for specializations like: 

• Finance 
• Management 
• Operations 
• Human resource 

MBA Specialization-Wise Job Roles and Average Salary

As mentioned earlier, the MBA programs in Germany offer opportunities for all, irrespective of their nationality. As a student, you can choose from various specialization options. 

Depending on the role you choose, and your calibre, the average salary will also vary. 

MBA in Finance 

Average Salary: EUR 89,000+ (75 Lacs+) 

The country has become the hub for top universities where students can pursue MBA in finance. Some German universities offering MBA in finance are the leading institutions globally. This course offers tremendous importance and has a high average salary.

Job Roles:

• Chief Executive Officer
• Chief Operating Officer
• Associate Director
• Chief Financial Officer

MBA in Marketing 

Average Salary: EUR 65,600+ (INR 54 Lacs) 

Graduation in marketing in this country is famous instead of MBA in marketing. Even then, you will find various top colleges like HHL Leipzig Graduate School of Management for the same. The annual salary might not be high, but it will be enough to lead a good life. 

Job Roles: 

• Marketing Officer 
• Marketing Strategist 
• Marketing Executive 
• Digital Marketing Manager 

MBA in Human Resources 

Average Salary: EUR 48,000+ (INR 40 Lacs) 

The human resource profession is in great demand in this country. So, with some international experience, you could crack jobs with great companies after completing your MBA. Indeed, this is one of the best job opportunities in Germany after MBA. 

 Job Roles: 

• Chief People Officer 
• Human Resource Manager 
• Executive Recruiter 
• Employee Relations Manager 

MBA in Management 

Average Salary: EUR 67,000+ (INR 56 Lacs)

MBA in management offers you the best scholarships in this country, and it also presents you with the best jobs. Three German schools offering this course have been in the top 100 MBA rank from Financial Times. The tuition will be affordable, and you will get a high-quality education. 

Job Roles: 

• Assistant Manager 
• Business Development Manager 
• Project Manager 
• Branch Manager 

How to Find MBA Jobs in Germany

Networking during your study in Germany is key to finding jobs. All universities offer ‘career services’ and students must make the most of them. Career support by universities is offered in form of job fairs, internship assistance, resume writing, alumni connect, etc. 

Another way to look for jobs is online via job boards and portals. LinkedIn is another popular medium that can help you find jobs in any country. 

Also, All organisations have a dedicated ‘Careers’ page on their website. Job seekers can make a list of their dream companies and visit their website for info related to available job opportunities and apply there.

Popular Job Portals in Germany

• Germany’s Federal Employment Agency or BA runs Stellensuche, the largest online portal for jobs in the country. You can look for jobs and enter your personal applicant profile so that German companies are able to see it and can therefore contact you directly if they are interested. 
• The Central Agency of Foreign and Professional Affairs (ZAV) specializes in job offers and support for international applicants.
• The EURES job portal is another option to look for jobs in Germany or anywhere in Europe. It is a European cooperation network of employment services, designed to facilitate the free movement of workers. 

Some other popular job portals in Germany are – 

1. Indeed
2. Stellenanzeigen.de
3. StepStone
4. Meinestadt.de
5. Arbeitsagentur
6. Kimeta
7. Monster Deutschland
8. Xing Stellenmarkt
9. Jobrapido.de

Highest Paying Cities for MBA Jobs in Germany

Germany houses global business centres that offer ample job opportunities and possibilities for every graduate. It is the largest economy in Europe, with a low unemployment rate of 5.8%. While Berlin is the highest paying city, you could find great opportunities in Dresden or Frankfurt as well as Munich. Below is the average annual salary of MBA graduates in German cities as per Payscale.

• Berlin – €53,600
• Hamburg- €51,200
• Munich- €50,400
• Koln- €49,000
• Dresden- €42,500
• Dusseldorf- €47,900
• Frankfurt- €48,600
• Leipzig- €43,400
• Stuttgart- €46,800
• Hannover- €41,500

If you want to stay back in Germany, you will need a residency permit or citizenship. You cannot work there without such licenses. Hence, before deciding on staying there after graduation, you need to do proper research. 

Options to Stay Back After Completing MBA in Germany 

To find the best job opportunities after MBA in Germany, you need to validate your stay by the authorities. 

The only way to stay back in the country after MBA is through these options. 

1. Temporary Residence Permit/Limited Residence Permit (Aufenthaltserlaubnis) 

You can only stay in the country for a limited period after presenting the concerned authorities with valid documents. The purpose of availability of this permit should only be a constraint to these opportunities: 

• Taking up employment
• Looking for job 
• Jobseeker’s visa 
• Self-employment 
• PhD studies 
• Vocational training 
• Marriage 

2. Permanent Residence Permit 

As a foreign national, you can apply for this permit and settle down in the country. You can only apply for this permit if you are: 

• A qualified professional for two years or more 
• German language knowledge 
• No statutory pension insurance fund 
• Proof of living space 

3. German Citizenship 

You would have to satisfy many legal regulations to become a German citizen. Even though you could gain EU nationality, the process is lengthy and will cost you a lot. 

These are the stay-back options when looking for job opportunities in Germany after MBA. This way, it will be legal to start earning while staying in this beautiful country. 

Study MBA in Germany with upGrad Abroad

upGrad Abroad has introduced an MBA program in collaboration with IU, Germany, under its UA accelerator program. This program is an 18-month course where the first two semesters will be studied online with IU Germany. In the 3rd Semester, students will be going to Germany and studying on-campus at IU Germany. During Year 1 enrollment, students can also opt for LSBU Degree at an additional cost of INR 1,33,000 (inclusive of taxes).

Conclusion

The career opportunities in Germany after MBA are in abundance. You have to develop the eligibility criteria based on your specialization and apply for permits. 

Once you have an MBA degree, your chances to get employed skyrocket. It enhances your worth and gives you the ability to apply and get the best job opportunities after MBA in Germany. Depending on your career choice, you could either become a finance manager or a business manager. The top companies in the country include Amazon, BMW, Mercedes, Porsche, and more. To be a part of their workforce, all you have to do is focus on your studies and gain practical knowledge. 

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