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EBS Business School MIM Overview

01/02/2024

NA

Avg. GMAT

NA

Work Experience

€35K

Avg. Cost of Study

12

Months Duration 

NA

Avg. Salary

Summary

Introduction to EBS Business School MIM

The MIM program is a full-time, one-year program that consists of four semesters. The first three semesters are spent on core business courses, such as finance, accounting, marketing, and operations. The fourth semester is reserved for an elective focus area, such as entrepreneurship, finance, or marketing, and includes a master’s thesis.

The EBS MIM curriculum is designed to be both theoretical and practical. Students will learn the latest business theories and concepts, but they will also have the opportunity to apply what they learn to real-world business problems through case studies, simulations, and projects.

 

Why Study EBS Business School MIM?

58

FT Rankings

NA

US News

41

QS Ranking

Strong academic reputation: EBS is consistently ranked among the top business schools in Germany and Europe. In the 2023 ranking of WirtschaftsWoche, EBS was ranked among the top 10 German universities in Business Administration. The Financial Times Ranking also confirms the program’s excellence, highlighting its ability to equip students with the knowledge and skills necessary for a successful career. This means that an EBS degree will be recognized and valued by employers around the world.

Excellent career prospects: Graduates of the EBS MIM program have a very high employment rate, with over 90% of graduates finding jobs within three months of graduation. The average starting salary for EBS MIM graduates is also well above the average for business school graduates in Germany. This is due to the strong network of corporate partners that EBS has, as well as the program’s focus on practical skills and career development.

International focus: The EBS MIM program is a truly international program, with students from over 80 countries represented. This means that you will have the opportunity to study with classmates from all over the world, and to gain a global perspective on business. The program is also taught in English, so you don’t need to speak German to apply.

Program Costs + Living Expenses : EBS Business School MIM

€27,000

Avg. Cost of Tuition

+ 

€18,000

Avg. Living Cost/Quarter

35,000

Avg. Cost of Study

On-campus accommodation:

  • Single room: €8,000 – €10,000 per year
  • Double room: €5,000 – €7,000 per year

Off-campus accommodation:

  • Studio apartment: €500 – €800 per month
  • Shared apartment (room): €300 – €500 per month

Additional expenses:

  • Food: €200 – €300 per month
  • Health insurance: Mandatory for international students, approx. €80 per month
  • Public transportation: Varies depending on your travel frequency, approx. €50 – €100 per month
  • Books and study materials: €200 – €300 per semester
  • Personal expenses: Varies greatly depending on your lifestyle, budget €200 – €500 per month

Estimated total yearly expenses:

  • On-campus accommodation: €16,000 – €20,000
  • Off-campus accommodation: €12,000 – €18,000

Employement Prospects : EBS Business School MIM

All doors are open to you with an EBS Master in Management. You will have the choice: management consultant, business developer, successor in the family business or founder. Compared to other universities, EBS graduates have a much better chance of obtaining jobs in well-known companies such as: McKinsey, BCG, Roland Berger, Accenture, KPMG, Deloitte, PWC, LinkedIn.

 

Eligibility Criteria for EBS Business School MIM

EBS follows a holistic admission process, which means that the minimum scores are seen within the context of your overall profile, professional experience and background. Furthermore, EBS does not have application deadlines. However, early applications are always recommended, particularly for international candidates and those looking to receive financial aid. Start your application by submitting the following documents on our online application platform:

  • A bachelor’s degree and transcripts in any field of study with at least 240 ECTS or an equivalent recognised qualification.
    Candidates with 180 ECTS or 210 ECTS credits can be considered as long as they have a minimum of 12 or 6 months of postgraduate full-time working experience. This must be relevant to the intended master programme and needs to be completed by the time the programme starts at the latest.
     
  • English language certificate (TOEFL® iBT/MyBest TOEFL: minimum 95; IELTS: 7; Duolingo English Test: minimum 125 or an equivalent certificate).
    Upon proof, if you have completed an undergraduate degree in English, are a native speaker, or have worked for at least 2 years in an English-speaking country, no certificate is required.
     
  • A valid GMAT (either classic or new Focus edition – scores will be based on GMAC’s percentile tables), GRE, Business Admissions Test (BAT), EBSgrad Test, Common Admissions Test (CAT).

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Scholarships Available : EBS Business School MIM

Merit-based Scholarships:

  • Talent@EBS Scholarship: €300 per month (150€ from private sponsors, 150€ from the Federal Government) for first-year students demonstrating academic excellence or other achievements.
  • EBS Excellence Scholarship: Up to full tuition fee coverage for exceptional academic performance and leadership potential.
  • Dean’s Scholarship: Partial tuition fee coverage for outstanding academic achievements and strong extracurricular involvement.

2. Need-based Scholarships:

  • Diversity Scholarship: Partial tuition fee coverage for students from underrepresented backgrounds or economically disadvantaged households.
  • Social Commitment Scholarship: Partial tuition fee coverage for students demonstrating a strong commitment to social responsibility and community engagement.

Specializations & Electives Offered

Specializations:

  • Entrepreneurship: Focuses on developing entrepreneurial skills and knowledge, covering topics like startup creation, venture financing, and business model innovation.
  • Finance: Delves deeper into financial theory and practice, offering courses in investment banking, corporate finance, and financial markets.
  • Marketing: Equips students with advanced marketing skills and strategies, covering topics like digital marketing, branding, and consumer behavior.

Electives:

The extensive selection of electives allows you to further personalize your studies. Some popular choices include:

  • Management Consulting: Gain insights into the consulting industry and develop problem-solving skills for real-world business challenges.
  • Luxury Management: Explore the intricacies of the luxury market, covering branding, consumer behavior, and marketing strategies for high-end goods.
  • Sustainable Business: Learn about integrating sustainability principles into business practices, focusing on environmental responsibility and social impact.
  • Organizational Behavior: Understand human behavior within organizations, covering topics like leadership, motivation, and team dynamics.
  • Negotiation and Communication: Hone your negotiation and communication skills, essential for success in any business setting.
  • Data Analytics for Business: Develop your understanding of data analysis tools and techniques to extract insights and inform business decisions.

FAQs About MIM

Finance, accounting, marketing, operations, entrepreneurship, leadership, communication.

Yes, you can choose electives in your fourth semester based on your desired focus area (e.g., finance, marketing, entrepreneurship).

Yes, the entire MIM program is taught in English.

Bachelor’s degree, strong academic record, GMAT/GRE or equivalent test scores (optional), work experience (preferred), English language proficiency test results.

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

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Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

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