Study Abroad Study in Germany Otto Beisheim School of Management: Ranking, Courses, Admission, Fees, Scholarship & Placements

Otto Beisheim School of Management:

Ranking, Courses, Admission, Fees, Scholarship & Placements

Study Abroad Team 13/08/2024

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Otto Beisheim School of Management - Highlights 

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. 

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) 
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 - Rankings

National Rankings: WHU is consistently ranked among the top 5 business schools in Germany, known for its finance, management, and entrepreneurship programs.
World Rankings: Globally, WHU is ranked within the top 100 business schools, particularly recognized for its MBA and master’s programs.

Otto Beisheim School of Management - Admissions

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 - Intakes

WHU offers two main intakes: Fall (September) for its bachelor’s, master’s, and MBA programs, with a secondary intake for some executive education programs.

Otto Beisheim School of Management - Acceptance Rate

WHU has a selective acceptance rate of approximately 20-25%, especially for its MBA and master’s programs, which are known for their rigorous academic and leadership training.

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 - Placements

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.

FAQs About Otto Beisheim School of Management

1. What are the language requirements for Otto Beisheim School of Management?
Programs are offered in English and German, with an IELTS score of 7.0 or equivalent required for English-taught programs.

2. Does Otto Beisheim School of Management offer scholarships for international students?
Yes, the school provides a variety of scholarships, including merit-based awards and financial aid for international students.

3. What are the most popular programs at Otto Beisheim School of Management?
The MBA, Master in Management, and Master in Finance programs are highly sought after, known for their strong academic content and global recognition.

4. Is there on-campus accommodation available at Otto Beisheim School of Management?
Yes, on-campus accommodation is available, with modern facilities and proximity to academic buildings, creating a convenient living environment for students.

5. What is student life like at Otto Beisheim School of Management?
Student life is vibrant, with a focus on professional development, networking events, and extracurricular activities, fostering a strong community spirit.

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