RWTH Business School is a popular business institute and the business wing of the RWTH Aachen University, the largest university of technology in the country. Students can seek admission to three degree courses and 29 certificate programs at RWTH Business School. It follows a semester based academic calendar.
The business school is accredited by the Association to Advance Collegiate Schools of Business (AACSB). It is one of the few universities in the nation to have this international seal. With over 75% international students, the school reflects a multicultural learning environment. As an international applicant, you need to demonstrate proficiency in English or German through exams to study in Germany.
RWTH Business School Rankings
- #165 in QS World University Rankings, 2023.
- #63 in Graduate Employability Ranking by QS World Ranking, 2023.
- #49 in Statistics and Operational Research by QS World Ranking, 2023.
- #151-200 in Business and Management Studies by QS World Ranking, 2023.
Highlights
| Institution type | Public |
| Location | Aachen, North Rhine-Westphalia, Germany |
| Campus setting | Urban |
| Establishment year | 2016 |
| Accreditation agency | Association to Advance Collegiate Schools of Business (AACSB) |
| Parent institution | RWTH Aachen University |
| Total students | 250 |
| Percentage of international students | 75% |
| Type of program | Degree and certificate |
| Intake type | Semester wise |
RWTH Business School Campus and Accommodations
The university campus is divided into two areas, namely Midtown and Melaten. The campus is located between major European capitals. This provides the students with various facilities including restaurants, cafes, museums and clubs. Thus, it provides a lively atmosphere for more than 50,000 students who are part of the institution. The campus has various clubs run by and for the students.
RWTH Business School Accommodation
Various off-campus students accommodation options in Germany are available for the students which includes apartments, studios and flats. The apartments are fully furnished and located in a safe place with a bus stop right next to the apartment complex. There are a total of 221 apartments styled in two different types varying in sizes and monthly rent.
Apartment type-1 and type-2 have fully furnished with self contained bathroom, kitchenette and internet connection. Apartment type-1 has a monthly rent of almost 340 Euro (~29,498) whereas apartment type 2 has a monthly rent of 390 Euro (~33,800 INR).
RWTH Business School Programs
The school offers degree and certificate programs at both undergraduate and postgraduate level. The school offers three degree programs and 29 certificate programs. The school conducts the programs in German and English. The school is known for its variety of MBA programs.
RWTH Business School Application Process
How to apply?
Application Portal - Online application
Application Fee – No Fee
Basic Admission Requirements:
- Transcripts of academic records
- CV
- Motivation letter
- Two LOR
- Work experience of at least 12 months
- University degree certificate
- English language certificate
- Supplementary sheet.
English Proficiency Requirements
Minimum English proficiency test scores required for admission are given below:
RWTH Business School Cost of Attendance
In comparison to other European countries, the cost of living in Germany is reasonable. The payment of the entire tuition fee has to be made in 3-6 installments depending on the choice and duration of the program. Estimated cost of attendance for the RWTH Business School are given below:
| Expense | Amount (in EUR) |
|---|---|
| Tuition Fee | 9,000-30,000 |
| Social Contribution Fee | 280 per semester |
| Rent (including utility costs) | 430 per month |
| Food and General expenses | 400 per month |
| Compulsory Fee | 17.50 |
| Mobile phone contract | 20 |
| Internet Fees | 20 |
| Health Insurance | 95 |
| Liability Insurance | 6 |
| Total | 20,000 (equivalent of minimum annual expense) |
RWTH Business School Scholarships
The institute provides various awards and scholarships in Germany for international students. The RWTH Business School scholarship is provided to excellent students, technology leaders and entrepreneurs as well as social engagers. It offers several scholarships of 2500 EUR (~2.16 lakh INR). Partial study loans are provided to the students externally in partnership with funding agencies like DAAD.
Students can also take advantage of the early bird discount for paying their fees. International students can also take student jobs for full-time or part-time by working 20 hours per week. There are also some religious as well as country specific scholarships available. There are various external scholarships provided by German Political Parties such as (SPD) - Friedrich Ebert Stiftung, (CDU) – Konrad-Adenauer Foundation, (Die Linke) – Rosa-Luxemburg Foundation and (FDP) – Friedrich-Naumann Foundation. Details of some partial scholarships and study loans available for students are given in the table below:
| Scholarship Name | Eligibility Criteria | Amount Awarded |
|---|---|---|
| DAAD-STIBET Matching Fund | Applicable to bachelor’s and master’s students who work to cover monthly expenses. | 400 EUR per month (up to 3 months every year) |
| DAAD Scholarship for International Students | Applicable to postgraduate and doctoral students from selected countries. | Variable |
| Scholarship from educations.com | Applicable to master’s degree students from any country at a European University. | 5000 EUR |
RWTH Business School Alumni
RWTH alumni engages in various events like Exchange Ideas and Alumni Talk. RWTH Business School is a young institution, but the RWTH Aachen University has a remarkable list of alumni that includes:
- Peter Debye – Nobel Laureate,
- Helmut Zahn – Nominated for Nobel Prize
- BJ Habibie – Third President of Indonesia.
RWTH Business School Placements
The Career Service department of the university offers support to the students by giving them access to a broad network of business contacts and cooperation partners in all sectors of economy. After graduation, the students have many opportunities as executives in established companies or as entrepreneurs. It also helps students by organizing events and workshops aimed at career training. The school is ranked #63 in Graduate Employability Rankings, 2023 by QS World Universities.
RWTH Business School is one of the best business institutions in Europe for several reasons. Despite being a young institution, the school’s programs has been ranked among the top institutions by various reputed agencies. With an average cost of studying and various scholarship availabilities it became one of the prime attractions for the young aspirants willing to pursue business programs in Germany.
