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Steinbeis University School of Management and Innovation (SMI), Berlin, Germany

Jan 27, 2022

Steinbeis University School of Management and Innovation (SMI): Rankings, Courses, Fees, Admissions, and Scholarships 

The largest private research-oriented university in Germany, Steinbeis University School of Management and Innovation opened its doors to students in 1998. As a private university for applied sciences, Steinbeis SMI started by offering its first course in Master of Business and Engineering. The first MBS course came into existence in 1999. Soon enough, the university started flourishing and now has a student strength of over 4,200 pupils. 

As of today, the institute partners with around 200 companies to provide excellent job placements. Top executives provide regular lectures, backed up with their own practical experience and relevant case studies. The university also provides help to international students regarding student visas, opening blocked bank accounts, health insurance, and house searching for settling abroad. Thus, it comes as no surprise that Steinbis SMI is a top pick for all those looking to study in Germany. 

Steinbeis SMI: Highlights 

University Type Private University of Applied Sciences 
Year of Establishment 1998
Total Enrollment 4,200 students 
Application Deadline for International Students Rolling admissions 
Number of Academic Faculties 39
Scholarships for International Students Available

Why study at Steinbeis University SMI?

  • Steinbeis University is a subsidiary of the renowned Steinebis Foundation, with 1,000 companies and 6,000 experts in its network. 
  • All business and engineering programs are German state-approved and FIBAA accredited, standing as a testament to the quality of education provided by the institute. 
  • All programs are taught completely in English.
  • The university collaborates with more than 200 industry partners to ensure its graduates get the best job opportunities. 
  • Flexible curriculum options are available for students- both offline and remote courses can be opted for. 
  • The university has one of the largest databases for research and has provided over 340 citations that are recognized internationally. 
  • The university is international student-friendly with over 200 international students being enrolled per year.

Steinbeis University SMI rankings 

  • Top 325 in Germany by UniRank. 

Programs and courses offered by Steinbeis SMI 

Steinbeis University School of Management and Innovation allows you to choose from a wide range of elective modules that build on your strengths. The university offers both graduate and undergraduate programs in the field of Business and Engineering.

A table with course details and particulars is provided below. 

Program Name Duration Start Date  Total program tuition and fees 
Bachelor Of Arts in Business Administration 6 Semesters October 2022 and October 2023  26,892 USD
Master Of Science in Business Administration  4 Semesters October 2022 and April 2023 22,708 USD
Master Of Business Administration 3 Semesters October 2022 25,696 USD
Master of Science

in Business Management (MSc) Online

4 Semesters September 2022, November 2022 and January 2023 8,904 USD

Campus and accommodation

The institute’s main campus is in the scenic district of Charlottenburg, overlooking the Spree river. Being the capital city of Germany, Berlin definitely tops the list of the best German cities to study abroad. The Steinbeis SMI campus is fully equipped with modern technology and has high-speed Wi-Fi available for all. Several attractions lie within walking distance and are often frequented by students on weekends. In addition to this, the campus is also well-connected to the heart of the city by bus. 

International students should note that Steinbeis University School of Management and Innovation does not provide on-campus accommodation. But, it has several tie-ups with boarding facilities and assists students in finding suitable accommodation. Online property portals including the likes of WG-Gesucht, Immowelt, and Immobilien Scout 24 readily provide options for shared and private furnished and unfurnished apartments.

Admission requirements for international students 

Applications to Steinbeis University School of Management and Innovation are accepted on a rolling basis, which means that students can apply anytime to enroll in the next term. To ensure an error-free application submission and enhance your chances of admission, apply to Steinbeis SMI via Gyanberry.

Undergraduate Admissions

The entry requirements for international undergraduates are as follows

  • High School passing certificate with a minimum of 50% from any recognized board.
  • English Language certification courses like TOEFL with a minimum of 80 or IELTS with a minimum of 6.0
  • Student Visa
  • Valid Passport
  • Identity Proof
  • Portfolio 
  • Interview (if mentioned)

Postgraduate Admissions 

The entry requirements for international graduate students are as follows

  • High School completion certificate from any recognized board with a minimum of 65% 
  • Graduation from any required university in Science, Engineering, or Business Administration.
  • Any English language certification like TOEFL with minimum marks of 8.0 or IELTS with a minimum grade of 6.0
  • Letter of Recommendation
  • Letter of Purpose
  • Student Visa
  • Valid Passport
  • Identity Proof
  • Portfolio 
  • Interview (if mentioned)

Tuition, Fees, and the annual cost of attendance 

Enrollment fee– 498 USD

Examination fee-

  • 249 USD for a Master of Science in Business Management (MSc) Online
  • 498 USD for Bachelor Of Arts in Business Administration and Master Of Science in Business Administration
  • 697 USD for a Master of Business Administration

In addition to this, there is also an 8% discount for paying the entire tuition amount upfront. 

Sr. No. Course Annual Tuition
1. Bachelor Of Arts in Business Administration 8,964 USD
2. Master Of Science in Business Management (MSc) 11,354 USD
3. Master Of Business Administration (MBA) 17,130 USD for one year and 8,566 USD for the next 
4. Master of Science

in Business Management (MSc) Online

4,452 USD

Cost of living 

The Steinbeis University School of Management and Innovation provides classes in both hybrid and online modes. If you choose the hybrid or full-time course, here is an overview of your average cost of living in Germany 

Expense  Annual Cost in USD
Accommodation  2,500- 7,200
Food  1,838
Health Insurance  1,145
Personal expenses  1,635

Thus, the annual cost of attendance for an international student at Steinbeis University School of Management and Innovation ranges to be between 12,317- 30,143 USD or 45,241- 110,718 AED*. 

*Note: Costs are converted based on the current exchange rate, i.e., 1 USD = 3.67 AED. Exchange rates are subject to periodic change. 

Scholarships for international students 

In 2020, the university launched a dedicated scholarship fund to help make its programs more accessible to international students and overcome any financial constraints faced by them. 

As of now, partial tuition scholarships of up to 25% are available for those who show academic merit and interpersonal skills.

Sr. No. Scholarship Name Amount Awarded (annual)**
1. Steinberg Scholarship Fund for Undergraduate Programs 8,455 USD/ 31,055 AED
2. Richard A Feunrd Scholarship

(UG Programs)

5,674 USD/ 20,840 AED
3. Academic Excellence Award 1,134 USD/ 4,165 AED
4. Golden Key Achievement Award 5,674 USD/ 20,841 AED
5. Mawista Scholarships, Germany 3,404 USD/ 12,503 AED
6. Jane Kalusman Women in Business Scholarship

(women only)

9,079 USD/ 33,347 AED
7. TOEFL Scholarship 11,348 USD/ 41,681 AED
8. QS Undergraduate Scholarship 5,667 USD/ 20,841 AED
9. Western Union Global Scholarship 2,834 USD/ 10,406 AED
10. Hani Zeini Scholarship 1,134 USD/ 4,165 AED

*Note: Costs are converted based on the current exchange rate, i.e., 1 USD = 3.67 AED. Exchange rates are subject to periodic change. 

Career prospects, placements, and salaries for graduates

Steinbeis SMI has its own LaunchPad Program- an exclusive coaching and training course. It helps students at Steinbeis get ready to kickstart their careers from the very first day of college. It assists them by 

  • Teaching them to nurture and develop their skills so that they can stand out in a competitive environment. 
  • Providing tailored guidance regarding interview preparations, resume building, and more. 
  • Giving them access to one-on-one sessions with industry leaders. 

International students should note that all non-EU students are allowed to work in Germany, provided they have applied for the appropriate visa after their studies. International students do not need to mandatorily apply for a post-study work visa. However, they are required to extend their resident permit for up to 18 months to secure a job in their field of study. After finding a job, students can then apply for an EU Blue Card which will enable them to work in any EU state.

Frequently Asked Questions

International students need to meet certain eligibility criteria to apply to programs at Steinbeis SMI. They must have a high school passing certificate with a minimum of 50% marks and proof  of English Language proficiency with a minimum score of 80 in TOEFL or 6.0 in IELTS.

Yes, the university provides several scholarships to its international students. Some of the scholarships provided are the Steinberg Scholarship Fund for Undergraduate Programs, the Jane Kalusman Women in Business Scholarship, the Richard A Feunrd Scholarship, the Academic Excellence Award, and the Golden Key Achievement Award.

Some of the popular courses offered in English to international students include Bachelor Of Arts in Business Administration, Master Of Science in Business Management (MSc), Master Of Business Administration (MBA), and a remote course in Master of Science in Business Management (MSc).

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