Master in Entrepreneurship in Germany: Universities, Courses, Fees, Eligibility, Scholarships, and Career Scope
Germany is renowned for having top-notch Master in Entrepreneurship programs. These courses are mostly offered by German business schools and technical universities. As per “My GUIDE“, there are 59 programs under the category of English-taught master’s courses in Entrepreneurship. International students can choose between a Master’s in General Entrepreneurship and Master’s in Entrepreneurship and Innovation.
These degrees focus on teaching the fundamentals of starting, managing, and expanding a profitable business. In today’s digital world, businesses face challenges like fierce competition, demanding customers, and an evolving ecosystem. A graduate with a master’s degree in Entrepreneurship can advise companies and start-ups to overcome these challenges. They can help companies develop new solutions with available resources. They can even launch their own start-ups using their entrepreneurial and creative mindset.
Master in Entrepreneurship in Germany: Highlights
|Degree type||M.A., MBA, M.Sc.|
|Duration in years||1 to 2|
|Annual fees (euros)||2,241 to 19,996|
|Minimum eligibility requirement||Bachelor’s degree in business-related fields|
Popular universities for Master in Entrepreneurship in Germany
The following table lists the Master in Entrepreneurship courses taught by Germany’s popular universities. These courses are taught in English and fall under one of the following categories:
- Master of Arts (M.A.)
- Master of Business Administration (MBA)
- Master of Science (M.Sc.)
|University Name||Course Name||Degree Type||Duration (years)|
|SRH Berlin University of Applied Sciences||Entrepreneurship||M.A.||2|
|Sustainable Innovation and Entrepreneurship||MBA||1.5|
|Munich Business School||Master Innovation and Entrepreneurship||M.A.||1.5 to 2|
|IU International University of Applied Sciences||Innovation & Entrepreneurship||M.A.||2 to 4**|
|CBS International Business School||Entrepreneurship Master’s Degree||M.A.||2|
|EU Business School||MBA in Entrepreneurship||MBA||1 (full-time) to 2 (part-time)|
|Master in Innovation &
|ISM International School of Management||M.A. Entrepreneurship||M.A.||1.5|
|GISMA Business School||MSc Innovation & Entrepreneurship||M.Sc.||1|
**The duration of the Innovation & Entrepreneurship course by IU International University of Applied Sciences ranges from 2 to 4 years depending on the time module.
Gyanberry is an authorized partner of the universities mentioned above. All of the universities are accredited by regulatory bodies and are known for offering high-quality education. If you need assistance picking a suitable course or university then fill out this form. We will get in touch with you right away.
Tuition fees for Master in Entrepreneurship in Germany
|University Name||Course Name||Tuition Fees (euros/year)||Tuition Fees (USD*/year)|
|SRH Berlin University of Applied Sciences||Entrepreneurship||12,900||12,914|
|Sustainable Innovation and Entrepreneurship||14,400||14,416|
|Munich Business School||Master Innovation and Entrepreneurship||19,996||20,018|
|IU International University of Applied Sciences||Innovation & Entrepreneurship (online)||2,241||2,243|
|CBS International Business School||Entrepreneurship Master’s Degree||15,840||15,840|
|EU Business School||MBA in Entrepreneurship||13,900||13,915|
|Master in Innovation &
|ISM International School of Management||M.A. Entrepreneurship||12,560||12,574|
|GISMA Business School||MSc Innovation & Entrepreneurship||16,000||16,018|
*Note: The tuition fees are converted based on the current exchange rate, i.e., 1 Euro = 1.001 USD. Exchange rates can fluctuate from time to time.
Besides tuition fees, students planning to study in Germany should also have sufficient funds to cover their living expenses. As per DAAD statistics, the living expenses in Germany are 861 euros per month or 10,332 euros per year.
International students pursuing a master’s degree in Germany are also eligible for DAAD Scholarships. The aforementioned universities also offer scholarships and bursaries for their students. To know more about scholarships in Germany click here.
Eligibility for Master in Entrepreneurship in Germany
- Bachelor’s degree from an officially recognized university or higher education institution
- Official transcripts
- Letter of motivation
- Proof of English language proficiency
- Curriculum vitae
- Passport copy
International students need to provide English test scores to prove their language proficiency. IELTS (academic) scores of 6.0 to 6.5 and TOEFL IBT 79-87 are commonly accepted. In addition to these two, German institutions also accept the following English test results:
- Duolingo 95
- TOEIC 785
- CAE (grade A, B, or C)
- CPE (grade A, B or C)
- FCE (grade A, B or C)
- Pearson English Test Academic (PTE-A) 59
Most German universities prefer students with a business-related degree for their Master in Entrepreneurship. If you do not have a business-related degree then perhaps you should consider a pre-master’s program. The program is designed to prepare students from non-business first degrees for a Master in Entrepreneurship program. The universities that offer pre-master’s (English) programs are
|Munich Business School||3 months||6,500 euros|
|ISM International School of Management||6 months (1 semester)||6,280 euros|
Munich Business School offers a hybrid pre-degree master’s that can be taken online or on-campus. Students who pass the course receive direct admission to the university’s Master of Innovation and Entrepreneurship course. The preparatory program by ISM is specifically tailored to teach students basic principles of business administration. It also covers some aspects of accounting, human resource management, and international marketing. Both universities ask students to submit the following documents for admission to their pre-master’s program:
- Bachelor’s degree in any non-business field from an accredited university
- Good English skills (TOEFL IBT 85 or IELTS 6.5)
- Curriculum vitae
- Passport copy
- Motivation letter
The selection of candidates is based on written application and a personal interview. You can apply via the university website or through Gyanberry.
Career scope after Master in Entrepreneurship in Germany
This section presents to you an overview of the diverse career options after a Master in Entrepreneurship program in Germany. The degree entitles you to work in a range of industries for leadership positions such as
- Sales development representative
- Financial analyst
- Sales manager
- Business consultant
- Chief executive officer
- Management consultant
- Business analyst
- Financial adviser
- Innovation manager
An average team leader in a corporate setting in Germany earns 67,535 euros/year (Pay Scale). There are also other non-traditional choices, such as founding a start-up ecosystem or working for a family business.
Now that you are aware of the career options after a Master’s degree in Entrepreneurship from a German university. What is your next step? As an international student, the following questions might pop into your head:
Should I go back to my home country to look for a job?
Or, should I stay back in Germany?
Or, are there more options?
You can always go back to your home country for a job. But, many international students choose the option of staying back in Germany after finishing their studies. The post-study residence permit allows them to stay for a period of 18 months to search for a job. According to the Federal Statistical Office (Destatis), Germany’s employment rate is 75.8%. It is increasing consistently at 0.1% from January to June 2022. The COVID-19 infection waves and the war in Ukraine have not had any impact on the German employment rate. Thus, international students can easily find employment in Germany.
For overseas students, German universities provide career services where they can get seek guidance from former students. These universities are also renowned for their links to major enterprises and foreign universities. Strong relations exist between Germany and other EU countries. As a result, graduates with a Master’s in Entrepreneurship can move there in search of employment.