ESMT Berlin was established by 25 leading German corporations and institutions in 2002. It is the highest-ranked business school in Germany and occupies the top-10 position among the business schools in Germany. The institute offers a full-time MBA, an executive MBA, a part-time blended MBA, an executive MBA/MPA, and a master’s in management.
ESMT Berlin has three prioritized areas: leadership, innovation and analytics. It has a main campus in berlin on Schloss Platz, a satellite campus in Berlin-Schöneberg, and a branch office in Shanghai. It is a state-accredited, private business school. ESMT is accredited by AACSB, AMBA, and EQUIS.
ESMT holds the “three crown” accreditation which is given to only three colleges in Germany. The “Triple Crown” is the highest distinction of quality for business schools worldwide. ESMT has 32.8 million Euro gross sum of revenues and gains before expenses in 2018.
ESMT Berlin Ranking
- #88 in Financial Times MBA Rankings 2022.
- #90 in QS World University Rankings 2022 for Masters in Management
ESMT Berlin Highlights
| Founded | 2002 |
| Type | Private |
| Entity | Not for Profit |
| Campus Setting | Urban |
| Acceptance Rate | 25% |
| Program Mode | Full-time, Part-time and Executive |
| Alumni | 8,000 |
| Financial Aid | Scholarships and Loans |
| Total Enrollment | 531 MBA : 100 students Executive MBA : 115 students Part-Time MBA : 56 students MIM : 260 students |
| Admission Help Desk | degrees@esmt.org |
ESMT Berlin Campus
- The Schlossplatz campus of ESMT Berlin is located at the center of Berlin which makes it handy for students to reach all neighborhoods.
- The Schlossplatz campus of ESMT is close to two airports Berlin Tegel (TXL) and Schönefeld (SXF) airports, students can reach within 30 minutes by taxi or private transport.
- The Schlossplatz campus of ESMT Berlin is in walkable distance from Alexanderplatz (S+U) and Spittelmarkt (U2) public transit stations.
- The Schöneberg satellite office of ESMT is situated at Space Shack Coworking.
- Berlin has all kinds of venues to start, end and celebrate all the occasions.
ESMT Berlin Residence
- There is no campus housing facility in ESMT berlin but students can easily get accommodation with the help of student services.
- Students can get accommodation within the first weeks of visit or start of the program with desired features.
- Student services provide various aids for all students while registering their address with authorities and acquiring a German residence permit.
- More information about residence and accommodation is provided at the time of orientation.
ESMT Berlin Programs
- The main focus of ESMT is on the development of responsible leaders with a global focus on innovative management, analytics, and technology.
- The institute has received accreditation from AACSB, AMBA, EQUIS and FIBAA.
- Executive programs at ESMT are offered in four categories namely Master's in Management, Full-time MBA, Part-Time MBA, and Executive MBA (EMBA)
- The master’s in management degree (MIM) at ESMT is a two-year program with an enrollment of 204 students in the MIM degree program at ESMT.
- ESMT students pursuing programs have a benefit of ESMT’s corporate network and founders.
- ESMT students can also experience an amazing entrepreneurial environment in Berlin.
- The 80% of faculty belongs to the non-German background and represents 18 different countries making ESMT the most international business school in Germany.
- ESMT has 37 faculty members coming from 7 countries.
ESMT Berlin Application Process
How to apply?
Application process: Online
Application fee: 50 Euro
Applications deadline: ESMT Berlin offers admissions on a rolling basis. The application deadlines and steps for admission at ESMT Berlin for different programs are different, out of which some include:
- MBA- April 5 (early decision deadline)
- MBA- November 1 (last deadline for the MBA program)
- MIM- Applications for the September 2020 session are open
- Part-time MBA- August 15, 2020 (final application deadline)
Requirements:
- Personal data and Completed application
- Academic and professional background with CV.
- One essay
- An uploaded video of 3-min on the essay.
- Two recommendations
- Copies of university transcript.
- English proficiency test scores.
- An interview (in person or per video call)
- GMAT or GRE.
- Average GMAT score is 640 and the GMAT code is H4D-SJ-86
English Proficiency Test Requirements
| Test | Minimum marks |
|---|---|
| TOEFL | 95 |
| PTE score | 64 |
| IELTS score | 7 |
* In addition to TOEFL iBT scores from a single test date MyBest™ scores for the TOEFL iBT® test are accepted.
ESMT Berlin Cost Of Attendance
The aspirants planning to enroll at the university are encouraged to plan an estimated budget for international students looking to study in Germany. The average cost of attendance for international students here include:
| Course | Tuition Fees |
|---|---|
| Two-year Part-time MBA | 38,000 Euro |
| MBA tuition and fees | 43,500 Euro |
| Master's in Management | 29,500 Euro |
The cost of attendance is purely based on student personal expenses and program student opts. Students may get a discount on tuition fee if he/she applies early and meets the requirements. Students’ cost on an average of 1,000 Euro to 1,500 Euro per month to live in Berlin. The cost may change by selecting a shared room and for different food options.
ESMT Berlin Financial Aid
Scholarships for international students to study in Germany at ESMT Berlin are granted based on academic merit, personal and professional achievements. Prospective students can get early bird discount if they apply early within the early-bird deadline.
Scholarships for MBA
| Scholarships | Details |
|---|---|
| Early Bird Discount | Total scholarships: unlimited; Value: 3,000 Euro |
| GMAT or GRE Scholarships | GMAT (or GRE equivalent) of 700 or higher; value of scholarship: 4,000 Euro GMAT (or GRE equivalent) of 650 to 690’ value 2,000 Euro |
| Women’s scholarships | Value: up to 10,000 Euro(no other scholarship can be combined with the GMAT/GRE scholarship) |
| ESMT Asia Scholarship | Number of scholarships available: two; Eligibility: Candidates with permanent residence in Asia. |
There are different lending options despite scholarships where students get loans with required eligibility.
Lending options are available based on the home country at the time of admission.
There is also the availability of prodigy finance offered to international students as alumni funded loans.
ESMT Berlin Alumni
- There is a separate alumni portal for alumni events and information about alumni. There are more than 8,000 alumni in chapters located worldwide.
- Alumni can get up to 50% discount for all executive education programs at ESMT.
- They also host alumni webinars where students get information about faculty and answer different questions in one-hour sessions.
- Alumni and students can register at ESMT connect and can stay in touch with fellow graduates and also employ or offer to act as mentors for graduating students.
- There are also different events organized for alumni or by alumni such as Alumni Network Annual Meeting, alumni chapter events, and the Global Network alumni events.
ESMT Berlin Placement
- ESMT students have an impeccable job just after completion of the graduation with an average salary of 50,000-83,000 Euro.
- ESMT has a career services team that reaches out to students to help them manage their future in global companies.
- ESMT has its collaboration with a wide variety of small startups to large organizations with social impact and some of their funding companies which makes high chances for students
- The ESMT careers team focuses on guiding students with personalized and rigorous approaches.
- It helps students to connect with top company recruiters through a range of workshops, seminars, fairs, events, and 1-on-1 meetings throughout the year.
- It also organizes career fairs, industry visits, career guidance programs and skill workshops for students with personal consultations from career services staff.
- The Career service department of ESMT provides number of jobs and internship opportunities for MBA and MIM graduates
- 92% of MIM students received job offers within 6 months after completing their graduation.
Annual Salary of MIM Graduates
| Average (German) | 48,764 Euros |
| Average (General) | 48,735 Euros |
| Median | 45,000 Euros |
Annual Salary of MBA Graduates
| Average | 74,536 Euros |
| Median | 71,000 Euros |
| Highest | 115,000 Euros |
| Lowest | 35,000 Euro |
82% of MBA students received job offers within 3 months after completing graduation
FAQs
Ques. What is the minimum GPA required for admission in ESMT?
Ans. ESMT has no minimum GPA requirements. Students are having extra ordinary academic qualification and work experience with good interpersonal and leadership skills are more likely to be selected.
Ques. What are the courses offered by ESMT?
Ans. ESMT offers 4 graduate programs naming Master of Business Administration, Masters in Management, MBA part-time and MBA executive. MBA and MIM can be pursued in disciplines like Business Analytics, Finance & Investments, Entrepreneurship & innovation and Global & Digital Strategy.
Ques. Is it worth taking admission in ESMT?
Ans. European School of Management is worth taking admission as it is one of the top rated business school in Germany and Europe. It has been rated among the top-10 business school in Germany and among the top-20 business schools in Europe by various well known agencies. Its MBA was ranked 17th among the top Business School ranking Globally.
The university offers high quality courses which are especially designed for future leaders, entrepreneurs and working professional. It is must recommended for someone willing to pursue an MBA or master's degree in Germany or Europe.Ques. What is the admission process for International students in ESMT?
Ans. International students are required to provide academic transcripts of bachelor's degree along with work experience of 3 years, English proficiency proof, GMAT or GRE score , 2 recommendation letter, personal statement, passport and other related documents.
Ques. What is the acceptance rate in ESMT?
Ans. ESMT has a acceptance rate of 25% as it very selective in accepting application. Level of competition is very high in ESMT.
Ques. What is the Tuition fees in ESMT?
Ans. The tuition fees for Full-time MBA is 43,500 Euros and MIM program is 29,500 Euros. Tuition fees for part-time and Executive MBA is 38,000 Euros and 59,500 Euros respectively.
Ques. Does ESMT offers placements?
Ans. Placements are offered for both MIM and MBA students. The Institute organizes various job events, workshops and job fairs for students. Annual career fair is conducted where students may be selected through interviews.
