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Cologne Business School (CBS), Cologne, Germany

Aug 30, 2022

Part of the Stuttgart-based Klett Group, Cologne Business School is a distinguished private institution founded in 1993. It has global connections with 180 partner universities worldwide and campuses in seven different locations throughout Germany. 

CBS offers bachelor’s, master’s, doctorate, and part-time programs tailored to equip students with a dynamic skillset to boost employability. Thus, it comes as no surprise that this private university is the first German business school to receive the globally renowned IACBE accreditation. CBS is also recognized by the Ministry of Science North Rhine-Westphalia, the Foundation for International Business Administration Accreditation (FIBAA), and Wissenschaftsrat.

Moreover, the institute is a flagbearer of diversity and inclusion, which is clearly reflected in its student numbers. Thirty percent of the total enrollment is from international students from over 75 countries.

Cologne Business School: Highlights

University Type Private University
Year of Establishment 1993
Total Enrollment 3,000 students 
International Representation  30% of the student strength 
Application Deadline for International Students May 31 
Acceptance Rate 72% (Based on estimates. Not official data)
Academic Faculties 70 professors 
Scholarships for International Students Available

Why study at Cologne Business School? 

  • First German business school to be accredited by IACBE, which stands as testimony to the quality of education provided here.
  • The intermingling of global perspectives with student representation from 75 countries. 
  • Opportunity to enroll in semester abroad programs in one of CBS’s 180 partner institutions.
  • Part-time job possibilities for students who need some extra income while studying. 
  • A stellar research facility that is divided into 7 research clusters.

Cologne Business School Rankings 

  • Best private university in the area of business administration (North Rhine-Westphalia and Rhineland-Palatinate region) by WirtschaftsWoche. 
  • One of the top 5 private universities of applied sciences in 5 categories (including service and consulting and practical relevance by Trendence Graduate Barometer. 

Programs and courses offered at Cologne Business School

Cologne Business School offers a number of internationally oriented, practical business degree programs with individual support. Undergraduate and postgraduate programs are taught in English. Apart from this, CBS also allows international students to enroll in a Prep4 University program and a pre-master program in business administration. 

Undergraduate programs

With the right specialization in an English-taught bachelor’s degree, international students can set individual priorities and plan their next career move. Given below is a list of the bachelor’s programs offered by CBS. 

Course Campus
Business Psychology (B.Sc.) Cologne, Mainz
Finance and Management (B.Sc.) Cologne
International Business (B.A.) Cologne, Mainz, Potsdam, Aachen
Digital Management (B.A.) Cologne, Mainz, Potsdam, Aachen
Financial Management (B.A.) Cologne, Mainz, Potsdam, Aachen
Human Resources Management and Leadership (B.A.) Cologne, Mainz, Potsdam, Aachen
International Trade (B.A.) Cologne, Mainz, Aachen
Management Consulting (B.A.) Cologne, Mainz, Aachen
Marketing Management (B.A.) Cologne, Mainz, Potsdam, Aachen
International Tourism Management (B.A.) Cologne, Mainz

Postgraduate programs

With business skills and foreign language training, you will be job-ready after enrolling in a Master’s program at CBS. Given below is a list of the English-taught master’s programs offered by CBS

Course Campus
Business Psychology and Management (M.Sc.) Cologne, Mainz
Digital Marketing (M.A.) Cologne
Digital Transformation Management (M.A.) Cologne, Mainz, Postdam
Financial Management (M.A.) Cologne, Mainz, Postdam
Global Finance (M.Sc.) Cologne
Human Resource Management and Leadership (M.A.) Cologne, Mainz, Postdam
International Business (M.A.) Cologne, Postdam
Entrepreneurship (M.A.) Cologne, Postdam
Marketing Management (M.A.) Cologne, Mainz, Postdam
Strategic Management and Consulting (M.Sc.) Cologne, Mainz
Tourism and Sustainable Management (M.A.) Cologne
International Management (M.B.A.)  Cologne

Campus and accommodation 

The University has campuses in seven different locations in Germany, namely Cologne, Mainz, Potsdam, Aachen, Bruhl, Solingen, and Neuss. 

Accommodation

Application date: At least 2 months before the start of the semester. 

CBS offers a student residence with fully equipped double and single rooms in the neighborhood of Cologne. The residence has a vibrant ambiance and is surrounded by many shops and bright cafes. Each room is fully furnished with a bed, closet, desk, storage rack, lamps, bedding, and private safes. 

Although there are no private washrooms, each floor has plenty of bathrooms for the residents. The student halls consist of a fully equipped common kitchen with refrigerators, a freezer, a stove, an oven, and microwaves. 

In case you are unable to avail of on-campus housing, CBS also recommends Castell Deutz, a student residence in the heart of Cologne. Castell Deutz offers single student accommodations that come with a kitchen and a separate bathroom.

International students should note that there are no accommodation facilities in Mainz, Potsdam, and Aachen. However, you are bound to find student apartments and hostels for rent nearby. 

Admission requirements for international students 

To ensure that all admission deadlines are met, prospective international students should enroll via Gyanberry Application Services. The CBS Admissions Office reviews international applications and is open to questions

Enrollment Fee: 598 USD

Documents Required:

    • Official Academic Transcripts
    • CV (tabular form)
    • Copy of your passport
    • Proof of English Proficiency
    • Letter of Motivation
    • Proof of at least one year of professional experience (only for postgraduate applicants)

Minimum scores in English Proficiency Tests

Test Minimum scores
TOEFL(IBT) 83
IELTS 6.5

Tuition, fees, and the annual cost of attendance 

Despite being a thriving study destination for international students, the cost of living in Germany is exponentially lower than in other European cities. Apart from tuition fees, the largest expense incurred by international students is rent. 

A table outlining the tuition fees for undergraduate and graduate programs is given below. 

Course Annual Fees (USD) Annual Fees (AED)
Bachelor’s programs 14,534 53,384
Master’s programs 14,534 53,384
MBA 17,764 65,248

Cost of living 

Expense Cost per month (USD) Cost per month (AED)
Accommodation 299-697  1,098-2,560
Food 150-199  551-731
Utilities 199  731
Health Insurance 110 404

The average annual cost of attendance for an international student at Cologne Business School would be approximately 15,292-18,969 USD or 56,169-69,675 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 

DAAD Scholarship

The DAAD ( Deutscher Akademischer Austauschdienst) is one of the largest financing institutions in Germany for International students. This scholarship is for postgraduate or doctorate applicants.

Scholarship amount: 850 USD monthly for a postgraduate student or 1,196 USD monthly for a Ph.D. student.

Application Deadline: Between July and August

Eligibility Criteria:

  • Completed a bachelor’s degree in the last 6 years.
  • Work experience of at least 2 years.

Konrad Adenauer Foundation (KAS) scholarship

This scholarship is for international students who want to pursue postgraduate studies in Germany.

Scholarship amount: 850 USD monthly for a postgraduate student or 1,196 USD for a Ph.D. student.

Application Deadline: By July

Eligibility Criteria:

  • Must have completed a university degree with above-average results.
  • Must have good knowledge of the German language (B2 level).
  • Must actively engage in voluntary work.
  • Must demonstrate interests in political issues, democracy, and human rights.

Friedrich-Ebert-Stiftung (FES) scholarship

This scholarship is open to Bachelor’s, Master’s, or Ph.D. applicants.

Scholarship amount: 742 USD per month, as well as a flat-rate student fee of 299 USD.

Application Deadline: 30 November for the Winter semester, and 31 May for the Summer semester.

Eligibility Criteria:

  • Must have completed a university degree with above-average results.
  • Must demonstrate a commitment to society through participation in student councils or political organizations.

Explore more scholarships to study in Germany.

Career prospects, placements, and salaries for CBS graduates

The Career Service department at CBS helps to steer you in the right direction to meet your professional goals. The career cell partners with companies to provide CBS-exclusive internships and job vacancies. You can also get your application reviewed, be part of mock interviews, and get direct guidance from experienced counselors.

MBA graduates from this premier institution usually get placed within the first 6 months of graduation. They have a median salary ranging between 55,000-60,000 Euros or 54,894-59,885 USD**. After the completion of their course, international students can also extend their resident permits for up to 18 months. After finding a job, these students can then apply for an EU Blue Card which will allow them to work in any EU state. 

**Note: Salaries are converted based on the current exchange rate, i.e., 1 EUR= 1.00844 USD. Exchange rates are subject to periodic change. 

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FAQ’s

Cologne Business School offers undergraduate and postgraduate programs in English. Apart from this, they also offer a Prep4University program and a pre-master program in business administration. Some of the most popular undergraduate programs are BSc in Business Psychology, BSc in Finance and Management, B.A. in Human Resource Management.

International applicants must have completed high school from a recognized board of education in their home country. For English proficiency, a minimum of 6.5 in IELTS or 83 in TOEFL iBT is required. The candidate must also clear a virtual interview conducted by CBS.

CBS International Business School operates its own student residence with fully equipped double and single rooms. Each room is fully furnished for optimal student comfort. The students can also opt for apartments like Castell Deutz near the campus if a room is not available in the student dormitory.

CBS does not provide scholarships or financial aid to international students. However, students can apply for scholarships in their home country, through the German government or EU scholarship schemes. Some scholarships are Konrad Adenauer Foundation Scholarship, Friedrich-Ebert-Stiftung Scholarship, and more.

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