Otto Beisheim School of Management:

Ranking, Courses, Admission, Fees, Scholarship & Placements

Study Abroad Team 18/11/2023

Otto Beisheim School of Management was founded by the Koblenz Chamber of Commerce in 1984. This private educational institute in Germany has a total of 1669 students. The excellence of the university lies in helping the students reach their goals and understand their potential right. It also develops the entrepreneur into a candidate, helping one become courageous, take responsibility, and think out of the box. 

The university has an open-minded culture, listening to each other and showing respect. Moreover, the study programs' academic excellence and practice approach helps students learn through experience. The part-time management sources are also helpful for students and provide unique opportunities to study and prepare themselves for a job later on. 

However, it is a preferable educational choice for most students for its excellent ranks and accreditations. A list of the notable ranks of the university are as follows: 

  • As per Financial Times European Business School Rankings, the university is in 2nd position in Germany and 23rd position as per global rank in 2022 
  • Universal Business School with Strong Global Influence ranks the university at 3rd position by its Edunibvresal group in 2022
  • As per WHAT's MBA, it is at 3rd position in Germany with 66th globally rank as QS World University Rankings in 2023
  • It has accreditation from the Foundation for International Business Administration Accreditation.
  • The university also has accreditation from the European Quality Improvement System (EQUIS)and the Association to Advance Collegiate Schools of Business (AACSB) 

Otto Beisheim School of Management Highlights 

  • The university is a famous German business school with campuses in Vallendar and Düsseldorf.
  • Students at the university get the scope to choose their mentors to guide them through the right career path. 
  • The university also organizes quality monitoring sessions such as assurance of learning to help maintain the educational standard at the educational institute.
  • The university has an excellent international network with almost 200 schools, an alumni network of over 4100 students, and 160 companies globally.

Otto Beisheim School of Management Admission 

A candidate has to apply via the online university portal. The application fee can be from EUR 20 to EUR 40, depending on the date they apply. Besides, students applying for Master of Science programs must pay 100 EUR.  

  • Official admission records
  • CV 
  • Letter of Motivation
  • Passport photo
  • School leaving Certificate
  • Proof of apprenticeship or business internship
  • Online admission test
  • GMAT/ GRE scores – (for any graduate programs)
  • English proficiency Test scores 

Eligibility

The eligibility criteria for the English proficiency test are as follows:

Test Name

Minimum Score for Undergraduates

Minimum Score for Graduates

IELTS

  • German or English – 6.5
  • English track – 7.0

7.0

TOEFL

  • German or English – 95
  • English track – 100

100

Cambridge ESOL

  • German or English – Grade C
  • English track – Grade B

Institutional TOEFL (ITP)

587

Otto Beisheim School of Management Programs

There are a diverse program students for the candidates at every level. There are also short-term programs such as:

  • Bachelor European Summer Program
  • MBA European Summer Program
  • There are both external and internal doctoral-level programs.
  • There is also scope for an exchange program according to which students can pursue a semester in a top business school in Germany.
  • UG Programs

Bachelor in International Business Administration

  • Bachelor in Business Psychology

PG Programs

  • Master in Business Analytics
  • Master in Finance
  • Master in Entrepreneurship
  • Master in International Business
  • Master in Management
  • Part-time Master in Management
  • Double Degree

MBA Programs

  • Full-time MBA
  • Part-Time MBA
  • Global Online MBA

Otto Beisheim School of Management Accommodation

With correct details on the accommodation setup, it will be easy for a student to look for the best option long before the commencement of the session.

  • WHU Otto Beisheim School of Management offers students facilities like residence halls and private apartments close to the campus.
  • Accommodation is available as the basis of first come, first serve options that are at walking distance from the campus
  • The housing team helps candidates find the right accommodation option and also supports international students
  • The school has a total of 8 housing facilities in different locations. Each of these has facilities like crockery, kitchen utensils, towels, dryer, microwave, laundry room, internet connectivity, living room, and others.

The different types of accommodation and its costs are as follows:

Accommodation Type

Rent in Euro

Campus Krautkramer

330-335 EUR per month

Hamacher

370 EUR per month

Heerstrabe

475-590 EUR per month

Hohrerstrabe

530 EUR per month

Humboldthohe

430-505 EUR per month

Krummgasse

520-580 EUR per month

Lohrstrabe

560-610 EUR per month

SmartFlats

505-540 EUR per month

Otto Beisheim School of Management Cost

Study Program

Tuition Fees

Bachelor’s Program

  • Citizen Of EU/EEA Countries and Switzerland – 6900 EUR
  • Non-EU/EEA residents– 10,950EUR

Masters in Finance

22,800 EUR

Kellogg - WHU Executive MBA Program

89,000 EUR

Doctoral Program

2500-1500 EUR

Cost of Course

The cost of the courses is €8,500 for every semester

Cost of Living

The cost of living can vary for students depending on personal expenses, housing facilities, and others. However, living costs in Germany can be from 5,000 EUR to 8,000 EUR yearly. The total budget can be approximately 75,000 - 100,000 EUR or INR 68 - 90 lakhs yearly. Having a rough idea can help the students know how much they need to have when going to the university to pursue higher studies.

An approximate detail of the living expenses is as follows:

Category

Average Cost in Euro

Transportation

0

Public insurance

110

Private insurance

35

Rent

375

Semester Fees

200

Mobile

15

Radio Bill

18.36

Groceries

200

Miscellaneous

150

Otto Beisheim School of Management Scholarship

Otto Beisheim School of Management provides financial assistance to students in the form of loan schemes, fee waivers, and scholarships to international students.

There is also the facility of external scholarships as grants, and 20% of students get it through foundations like DAAD, Haniel Stiftung, Avicenna Studienwerk, and others. However, students must meet the eligibility criteria to get the benefits of pursuing higher studies at the university.

Some scholarship details are as follows, along with its awards:

Scholarship Name

Awards

Eligibility

Global IB Scholarship

20% of the semester fee

Students doing IB diploma program and belongs to Africa, Europe, Asia Pacific, the Middle East, and South America

Women in Business Scholarship

20% of the regular tuition fee

Women who have excellent academic records and an interest in business are eligible.

Excellence and Diversity Scholarship

Waiver of non-EU tuition fee

Non-EU students get the scholarship as per their academic merit.

Global Community Scholarship

20% of the semester fee

Both EU and non-EU students get this. Each has to furnish their financial needs.

Otto Beisheim School of Management Placement

As per reports, there has been a 106% salary increase for a candidate having an MBA program from the university. The pre-MBA salary, on average, is 36220 EUR, and the post-MBA salary went to 74761 EUR. Other data shows that an MBA graduate can earn a minimum of 0.5 Euro to a maximum of 1.2 Euro annually.

Be it a master’s or bachelor’s degree program at the university, it makes an aspirant dynamic and become competent to handle challenges. The curriculum of a study program is designed to help the students become familiar with the latest study patterns and the needs of the professional world.

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