How to Open a German Bank Account

How to Open a German Bank Account

To open a German bank account is the first and the most important step that comes to your mind when you step foot on the German grounds. You need to arrange utilities and finances for a new home, basic groceries, a mobile connection and German insurance. All this can only be made possible only  if you have a German bank account.

Once you are in Germany and are all set to make your new bank account with the necessary funds, you would want to do some research as to where you want to open your bank account. A thing about Germany is that it has more banks than heads in the country so you definitely have a wide variety to choose from. For the starters, the German banking system is made of 3 main pillars that are –

  • Private Commercial Banks
  • Public Savings Banks
  • Cooperative Banks

The Deutsche Bundesbank is the National Central Bank of Germany whereas the Federal Financial Supervisory Authority is the regulator of the country’s banking and financing services.

Types of Accounts in German Banks

Current Account (Girokonto)

A current account in Germany is some what like a basic account. With this account, you can receive payments and salaries and pay off bills. A lot of banks in Germany offer general current accounts and special current accounts for students and youngsters.

Savings Accounts (Sparkonto)

A Sparkonto account is usually opened alongside a Girokonto account because that allows you to save money and earn interest on it. Interest rates in Germany are way lower than interest rates in most other countries but saving an extra buck is always beneficial!

How to Open a Bank Account

German banking laws are pretty strict when it comes to admiting a new bank account holder. While most of the EU nationals will have absolutely no problem with getting a bank account, a non-EU national is going to face a few hardships. Non- EU nationals have to prove their registration by producing a German Work Permit. If you do not have a financial history in Germany, you might have to struggle a little in order to get somewhere with a bank account. If you are new to Germany, it is always advisable to personally head to the German bank branch and present your documentation.

The documentation includes: –

  • A valid passport/ photo id with German Residence Permit.
  • Address proof.
  • Evidence of Income and financial history in Germany.
  • Proof that you are a student if you are opening a student account such as college id.
  • SCHUFA credit rating.

To add on to this, you must prove your identity online or at a post office nearby.

Conclusion

Setting up life in Germany from scratch can be a task but once you have these banking guidelines in hand, it gets super easy at least when it comes to financing. We hope you have got an idea of how the German Banking System works and what you need to do in order to open a German bank account.

Read more about top job websites in Germany here.

 

How to Apply for a German Work Visa

How to Apply for a German Work Visa

Considering the low unemployment rates and the career opportunities Germany has to offer, it is an ideal location for job seekers to try their hand at getting employed. People internationally would love to join the German workforce for the amount of benefits they gain once they get a job in Germany.

A few people get lucky and get to enter Germany freely. These people start looking for a job only after they are in Germany, while the others have to go through the normal process of getting themselves a visa to enter the country for work purposes.

If you ask any non-EU national about their experience with their work visa applications. You’re sure to hear a dozen of horror stories. In this article, we will tell you exactly what you need to do in order to get your German work visa granted without any hassle.

How to Get a German Work Visa

First things first, if you need a work visa to enter Germany, you need to have a job offer/ contract to get your visa issued upon. After that apply with all the other necessary documents in order to get your Work visa approved.

Next in line, you have to produce a list of documents to obtain the visa. The documents are: –

  1. Standard German Visa Documents
  2. A properly signed document wherein you have been hired by your future employer.
  3. A Certificate of Health Insurance.

Every individual who wishes to seek a job in Germany and belongs to another country, needs to have a residence permit in order to go ahead with the visa application process.

The Process

The process of work visa application in Germany is very simple. You have applied for the work visa from a German embassy closest to your home with all the necessary documents. Next thing in line is getting your future employer into the picture. All the employer has to do is provide the German government with proof which says that the work you are undertaking cannot be done by a German national. About 75 Euros fee will be charged for the visa application.

Towards the end of it a small interview round will help the authority know why you are going to Germany. If the work visa application gets rejected, fee amount is not reimbursed. The duration of your German work visa is valid only up to one year from the date of visa approval. Work visa can be re-apply forrenewed the minute it gets expired.

Conclusion

Working in Germany surely comes with its perks, doesn’t it? A highly skilled professional who believes he can get a job Germany, shouldn’t  let the visa application process scare him. This article contains everything that will let you ace the visa application process with ease. Giving you a sure shot visa to get the job you’ve been longing for!

Also read about other general visa and its requirements here. Read more about the perfect German CV format here to get your CVs ready for Germany.

Top 12 Job Websites for Finding a Job in Germany

Top 12 Job Websites for Finding a Job in Germany

Are you looking for a great job website in Germany? Like the United States, Germany has many job websites that people can use to find a job that they love. There are job websites in both German and English, so even if you don’t speak the language, you’ll be able to find a great job.

You may be asking yourself, ‘Can I get a job in Germany without speaking German?’ There is some good news as it is totally possible!

Of course, being able to speak German will be a great advantage to find a job in Germany. It makes you more marketable and attractive as an employee. Here are some job search sites for finding a job in Germany.

Job websites in German for non-native speakers

Even though they speak German in Germany, some companies are actively seeking English-speakers for recruitment positions. There are several job websites in which the job postings are primarily in English.  They also have resources in English for foreigners seeking jobs in Germany.

  1. The Local
    The Local is a great job website for foreigners to find a job in Germany. It is in English, and jobs are divided into categories, such as Software Engineering and Sales. You can also search by location. The only downside to The Local is that it has a limited number of jobs posted, and most of them require very specific skills.What makes The Local somewhat different is that it also has a News section. You can read news articles relevant to job seekers or foreigners living in Germany. It also lists apartment rentals by city and has a business directory.

  2. Monster Germany
    The nice thing about Monster Germany is that you can toggle it between English and German. The website is called ‘Monster’ because of its huge size, which gives an indication of the possibilities. It has thousands upon thousands of job listings just for Germany, and it has other great features for jobseekers to sweeten the deal.It has a net salary calculator so you can see exactly how much of your income will go to tax, National Insurance, and other deductions, so you can what you’ll take home. You can also upload your Curriculum Vitae so that employers will be able to find you, instead of you finding them.
    Like most job websites, you can narrow your parameters based on keyword, industry, job title, hours, and experience level. What makes Monster Germany unique is that you can also narrow your search by a specific company. Have you ever wanted to work for German Amazon? You can surely do so.
  3. Naukri 
    Naukri is an Indian job website with job listings in Europe and Asia. It has a section for jobs specifically in Germany, with hundreds of jobs posted. You can sort by values like industry, salary, education, and job type.What is unique about Naukri is its resources available to jobseekers, apart from the standard job search function. It will pair you with someone to help you write or evaluate your resume, cover letter, and job letter. You can increase your visibility to employers by paying to highlight your profile to make it stand out.The website also offers a newsletter in which they will mail you in real-time about job openings you may be interested in applying for right away. There is an option to prepare for your interview with an interview coach who can advise you on how to improve your interviews so you can land a job in Germany faster.
    If you live in India, Naukri is a great website to prepare you for finding a job in Germany.

  4. Berlin Startup Jobs 
    Berlin Startup Jobs will match you up with positions are great startups in Germany. The job website itself and most of the job listings are in English, while some of the job listings are in German.The downside to this job website is that it doesn’t have a particularly robust search engine for jobs; you can only search by skill area and little else. It also has very specific skill sets. Most of the jobs are in fields such as web development, editing, and marketing. They also only have a few jobs available.
    If you live in Berlin, they provide resources to information related to living and working in areas like housing, cost of living, and contracts. You could also subscribe to their newsletter.


    Job websites in German for native speakers

  5. EURES
    (European Employment Services)
    EURES is a great way to find a job IF you speak German. You can narrow results by many factors, such as field of work, type of position (such as apprenticeship, temporary, etc.), by job experience, education level, keyword, and location. You also have the security of knowing that the jobs posted on the website are legitimate because it is run by public employment services and an official agency of the European Union.Though the job listings for Germany are primarily in German, many of the resources on the website are in English. They can help you with creating your skills passport and Curriculum Vitae, have someone advise you on your move or job search, gives labour market trends for living in Germany, and informs you about the living and working conditions in your chosen country.EURES also holds job fairs in spring and autumn, so you can get an up-close and personal look at prospective employers and what they want.
  6. Stepstone Germany
    Though there are few job listings in English, Stepstone Germany is a job website that is primarily focused on German-language jobs.  Like EURES, you can narrow your search options by limiting profession and city. You can also upload your resume so that employers come to you, sign up for a mailing list which will match jobs to you and send them straight to your inbox, and provides an informational library for jobseekers.Stepstone has a blog with informative articles all about finding a job in Germany, as well as the app so you can take Stepstone wherever you go. Stepstone was founded in 1996 and is very respected in Germany’s online job seeking community. It has, at the time of this writing, over 94,000 jobs listed. You’re sure to find the right one if you look hard enough!
  7. Bundesagentur für Arbeit (Federal Employment Agency)
    The Federal Employment Agency is a German federal agency that manages unemployment centres and provides unemployment benefits. You can still use the website even if you are not a German citizen. Like most job search sites, you search by job title keywords, location, and employment model. They have profiles for job seekers, where you can post your qualifications and what you’re looking for in a job.However, it also has many other resources for foreigners living in Germany. They will provide you with information about integrating into German culture and learning German, financial benefits, education in Germany, legal protection like insurance, learning how your degree qualifies you for work, opportunities for vocational training, career counselling, and other general information about living and working in Germany.You know you can trust this website because it is run by Germany’s government, so you won’t need to worry about scams. The agency has a huge network of over 700 smaller agencies and offices all over Germany.There’s a small, poorly-translated section in English for foreigners on the website, but it’s a much easier job website to navigate if you speak German. You could also use the ‘Translate to English’ option upon right-clicking the screen. Be careful of doing this, as some words may get lost in translation. If your German is limited, try scheduling an appointment to find someone who can help you.
  8. Indeed Germany
    One of the United State’s leading job websites, Indeed, has a German section. You can search for a job using the job search function, narrowing down your results by location, job title, specific company, and the other standard values. Unlike a plain job website, it also offers other resources to help you land your dream job in Germany.
    They will help you create your Curriculum Vitae, as well as store your resume for sending to prospective employers. They post news articles detailing Germany’s current labour market and employment statistics. Indeed is a widely-used website and has over half a million jobs posted. Individual employers also have ratings, so you can know if it’s a scam or not.

  9. Make It in Germany 
    This job website is all about living and working in Germany. It has a job search function, and you can search by such values as keyword, industry, and region. The job listings are in German, while most of the other information is in English. You can subscribe to have job updates sent straight to your email address, so you can always know when a job you may be interested in has been posted.There is also a section for businesses, which can give you an idea what German companies are looking for in employees and what their employee search process looks like.This website offers great resources on German jobs and living in Germany. They can inform you about taxes, social security, work contracts, looking and applying for a job, and more. You can find resources on studying German or obtaining further training and education to make you more marketable as an employee.

  10. LinkedIn Germany
    LinkedIn Germany is a great job website if you have marketable skills. They have nearly 2 million jobs posted just for Germany, and you can clearly see which company is offering the job. You can do some research on the prospective employer and make sure they’re legitimate and a good place to work.
    Most job ads are in German, with some English ones peppered in. You can narrow your search by date the job was posted, the company, and your experience level, among other values.The unique thing about LinkedIn, compared to other job websites, is that they have public profiles for each company that posts jobs on their service. The employer profiles contain an about page, a news feed, the jobs they’ve listed, and people on LinkedIn who work there. In this way, employers on LinkedIn are more accessible than those on other job search websites. On some sites, you don’t even know which company you’re applying for!LinkedIn’s value isn’t just in its job search engine, but in its resources for jobseekers. You can take courses to improve in your chosen field, compare salaries, and network with other professionals in your field. Many people discount the value of building relationships in your area of business, and it may someday be those relationships that help you land a job in the future. Work isn’t only about the salary – it’s about the people you work with.

  11. Jobware
    Jobware, like all the job websites on this list, has a robust search engine for finding the exact job you’re looking for. You can narrow your search by field of work, city, education level, and others. They have a salary calculator and a newsletter, so you can keep up-to-date with your job search.Besides their online job listings, they also have resources for jobseekers in Germany. They can help you with your Curriculum Vitae and your cover letter. One of the unique things about this job website is that they also have a calendar of job fairs in Germany. You can get up close and personal with prospective employers.Try starting a conversation with someone from a company. Ask about their workplace culture, what it’s like to work there, or what they look for in a potential candidate. You might make an impression. If you leave them your business card, they may call you the next time they’re looking for an employee.

  12. XING.com
    One of the largest job websites in Germany is XING. Many people refer to it as the European LinkedIn, and its interface is available in many languages, including German and English. Some job listings are in German, but many of them are in English, as are the resources on the website. The search function is robust, allowing you to choose between employment types, experience level, the field of work, salary, and a radius of your chosen location.XING has many helpful resources for people looking for jobs in Europe. They have an interactive Curriculum Vitae editor with different designs and formats, templates, and articles and checklists for jobseekers.

 

BONUS: Company Websites

Is there a specific company you’ve been dying to work for? Try going directly to their website and see what jobs they’re hiring for. Most company websites have a Careers section (you may have to scroll to the bottom and look at the small print menu to see that section). 

Try applying for jobs at specific companies in Germany. If you can show that company you have a passion for their brand and product, you may not even need a job website to find your job. You’ve already found it.

Conclusion

As you can see, it isn’t nearly as difficult to find a job in Germany as you may think it is. There are many great job websites, both in English and German, to help you on your journey to employment.

Please keep in mind that, even if you don’t speak fluent German, you can still use the job websites we highlighted for German speakers. Many of them have resources and job listings in English, and you can also use the ‘Translate to English’ button in order to get a basic understanding of what they say. Just because an employer posts a job ad in German, doesn’t mean they only want German-speaking applicants.

It may not happen right away. You will need to persevere and prove yourself. If you can make yourself shine and consider all the options, and employers will take notice and hire you. 

One of these job websites is sure to help you on your way. If you have your suggestions for other job websites in Germany then we would be happy to hear about them. You can also look for recruitment agencies which can help you get a job in Germany. 

Alternatively, you can also google for job vacancies in Germany and there might be other job portals as well. We would be happy if you share your results with us.

Do read about the perfect German CV format and a kick-ass Cover Letter format.

Top 10 MBA universities in Germany

Top 10 MBA universities in Germany

Are you dreaming of working at hotshot jobs in Germany for foreigners? How about beginning from the beginning with an MBA in Germany? Education experts believe that Germany is the business powerhouse of Europe. The MBA universities in Germany rank the highest in the world.The medium of instruction of English makes it convenient for foreigners and expats to study business and management and find jobs in Germany.

Germany offers great chances to MBA graduates to develop their profession after graduation. An MBA graduate can be a part of the flourishing vehicle business of Germany or an active employee at the hundreds of start-ups in Germany.

Check out the list of the most excellent MBA universities in Germany. Every university ranks among the top hundred of the world. The university offers excellent study programs and brilliant research centres. The 10 most renowned universities in Germany include the following:

1. European School of Management and Technology (ESMT) Berlin

ESMT, Berlin, is a non-profit, private business school whose founders include about 25different top-ranking business organisations. With a triple accreditation affiliation, ESMT Berlin is home to Centres for financial reporting and auditing, leadership, sustainable business, and more.

  • The graduates of the European School of Management and Technology (ESMT) benefit significantly from the active study programs. The minimum wage in Germany per hour for graduates is incredibly high.
  • Above all, the school gives an MBA degree with two alternatives. These are Global Sustainable Business and Managing Innovation and Technology.
  • ESMT is among the top hundred schools according to the Financial Times’ Global MBA Ranking. It ranks at the top in the Bloomberg Business week’s Best International Business Schools.
  • EQUIS, AMBA, and AACSB license the business school. If you seek to work in Germany, then ESMT is one of the best options for you.
  • ESMT Berlin gives a Master’s degree in Management, an MBA, and an Executive MBA, and a Postgraduate Diploma in Management, and a few official training courses.
  • Besides, the school offers a great PhD program.
  • ESMT Berlin holds a certificate by Foundation for International Business Administration Accreditation (FIBAA) and Association of MBAs (AMBA).
  • It holds a license by Association to Advance Collegiate Schools of Business (AACSB) and European Quality Improvement System (EQUIS).
  • This school is one of the four MBA universities in Germany with triple-accreditation.
  • The primary ground and base camp of the school is in the previous GDR Staatsratsgebäude in Berlin.
  • Also, it is alongside the Federal Foreign Office and the UNESCO world social legacy Museum Island.
  • The first lobby of the school is generally open to the populace.
  • The school authority permits visits to the school under strict guidance.
  • The Cologne ground of the school, Schloss Gracht, is notable in Germany.
  • To begin with, the Cologne campus is the famous ground where the celebrated Metternich family of Germany once lived.
  • From 1968 the Cologne campus of the school was the home of the Universitätsseminar der Wirtschaft (USW).
  • This campus used to offer official training courses.
  • The USW became a part of the ESMT Berlin.
  • As a result of the merging, the site became a campus for German-language formal training courses of ESMT.
  • Furthermore, the campus became a centre of sports medication of the school.

2. Frankfurt School of Finance and Management

The Frankfurt School of Finance and Management offers an extensive range of study programs. It is one of the best business schools in the world. The notable personalities of this school hold essential posts in top ranking financial companies across the globe.

  • For those students searching for an account grounded MBA in Germany, the Frankfurt School is an extraordinary decision. The minimum salary in Germany for the graduates of this school is undoubtedly high. Get access to Germany work permit and Germany work visa with the help of this university.
  • The Frankfurt School of Finance and Management is in the fund centre point of Germany.
  • The study program offers parallel German language courses. As a result, the school assures smooth progress into the job arena of Germany. Find job in Germany immediately upon graduation from here.
  • The Frankfurt School of Finance and Management offers MBA students with opportunities.
  • These opportunities help the students to work, earn, and study at the same time.
  • Besides, the Frankfurt School has a solid reputation of having graduates set in fund and counselling jobs following graduation.
  • The Frankfurt School is authoritatively perceived as an advanced education organisation with the position of a college by the German experts.
  • To summarise, the school has the option to grant undergrad, postgraduate and doctoral degrees.
  • Frankfurt School has an affiliation with AMBA, EQUIS, and AACSB.
  • Together with the ESCP Europe, ESMT Berlin, and the University of Mannheim, Frankfurt School is one of the four German business colleges with Triple accreditation.
  • The School has a license with theFIBAA and the German Council of Science and Humanities (Wissenschaftsrat).
  • The Master of Finance and the Bachelor of Science in Business Administration hold FIBAA’s Premium Seal.
  • The EFMD licenses the MBA degree in International Healthcare Management of this school.
  • The school campus of Frankfurt School is in the locale of Nordend, Frankfurt, Germany.
  • Besides, the Frankfurt School has research centres inMunich and Hamburg and five other workplaces around the globe.
  • The centres for the enlistment of students and the exercises identified with the counselling and formal instruction include: Nairobi, Beijing, Shanghai, Pune and São Paulo.
  • In brief, some eminent personalities of the Frankfurt School include:
    • Rainer Fuhrmann, Former CEO, DZ Bank AG
    • Stefan Müller, Member of Parliament Christian Democratic Union of Germany
    • Alexander Doll, Former CEO, Barclays Germany
    • Axel Frein, CEO, Valovis Commercial Bank
    • Jochen Klösges, Former Board member, Commerzbank, current CEO of E.R. Schiffahrt
    • Christian Sewing, CEO of Deutsche Bank, and more.

3. Mannheim Business School (MBS)

The Mannheim Business School is an umbrella organisation for business and management. With excellent academic programs, the school is in partnership with Queen’s University, Warwick Business School, and more.

  • Mannheim Business School is near the budgetary focus Frankfurt of Germany.
  • As a rule, the school plays home to one of the two MBA programs in Germany.
  • It ranks among the top universities in the Financial Times’ Global MBA Ranking.
  • The reputed MBA degree of the school offers five courses.
  • These courses enable the graduates to get ready for worldwide vocations by concentrating on one of Europe, Asia, and North America. You can also acquire a dependent visa Germany with help from the authority.
  • Besides, the Mannheim Business School has a triple accreditation by AMBA, AACSB, and EQUIS.
  • Moreover, the school offers solid alternatives to executive MBA degree.
  • Besides the alternatives, the school also has universal examination choices in China, France, and Singapore.
  • The MBA university offers four study programs in MBA:
    • the Mannheim Master of Business Administration
    • the Mannheim Executive MBA,
    • the ESSEC,
    • MANNHEIM Executive MBA
    • MANNHEIM and TONGJI Executive MBA.
  • Moreover, a particular ace program in Accounting and Taxation, and more are easily accessible by students across the globe.
  • The education programs of this university consist of:
    • Mannheim MBA (full-time, year; low maintenance, two years)
    • Eurasian track
    • German track
    • Transoceanic track
    • Worldwide track
    • ESSEC and Mannheim Executive MBA
  • For a considerable length of time, the University of Mannheim has been among the top research foundations in Europe in the fields of business organisation and financial matters.
  • Prestigious rankings report Mannheim’s driving position.
  • The Business School of the University of Mannheim has a substantial international reputation.

4. WHU – Otto Beisheim Graduate School of Management

WHU is one of the foremost business schools in the world. Otto Beisheim, the founder of Metro Cash And Carry Group, is the chief financier and patron of the school. The school boasts of a significant alma mater and a large number of notable student bodies.

    • The full-time course in MBA of WHU ranks in the topmost 100 of the Economist’s Full-Time MBA Rankings for 2016. For jobs in Germany for foreigners, this university is an excellent choice.
    • The college is in two separate areas.One of the campuses is in Vallendar. The other school is in Düsseldorf.
    • The MBA program of the school has excellent pay scales for the graduates.The students who graduate from this college receive the most handsome salaries. Also, The Economist’s review as of late discovered that graduates’ post-MBA pay rates had expanded by 89 per cent on pre-MBA pay rates.
    • Besides, WHU has a reputation for alumni arrangements in the assembling division, both in Germany and in different nations.
    • The joint Executive MBA program that WHU keeps running with Northwestern’s Kellogg School of Management is likewise exceedingly respected.
    • The German state authority supervises all the degree programs at WHU degree programs. All the programs hold a license by the Foundation for International Business Administration Accreditation (FIBAA).
    • Likewise, WHU also possesses accreditation from the Association to Advance Collegiate Schools of Business (AACSB).
    • Besides, the college has an affiliation with the European Quality Improvement System (EQUIS).
    • Along with the ESMT in Berlin, Management and the University of Mannheim WHU is one of four German business colleges to possess both the AACSB and EQUIS accreditation.

However, the college does not have the Triple Crown.

5. HHL Leipzig Graduate School of Management

Leipzig Graduate School Of Management is a private business and management school that possesses international accreditation. The college awards postdoctoral and doctoral degrees to deserving candidates. The partner universities of the university include Imperial College Business School, Tuck School Of Business, and more.

  • HHL is the most seasoned business college in Germany and Europe as well. Secure the best jobs in Germany upon graduation from this university.
  • The degree of MBA ranks among the Top 100 in the Economist’s MBA Ranking 2017.
  • The college secured a top position of late in other worldwide rankings for its emphasis on business enterprise.
  • Besides offering full and low maintenance MBA programs, HHL is a piece of the Euro*MBA; an official dimension program kept running by a consortium of European colleges, which sees students take an interest in short residencies at various establishments all through Europe.
  • The different study programs include
    • Master in Business Administration
    • Global Executive MBA
    • Euro*MBA
    • Master in Management, M.Sc
    • Doctoral Program
  • The doctoral degree course is for those candidates who possess a degree from a secondary university.
  • Within about three years of the course, the doctoral candidate has to participate in
    • Lectures
    • Courses
    • A research colloquium
    • Conferences
  • After the successful completion of all the requisites, the student proceeds to submit the doctoral thesis.
  • As a rule, the acceptance of the doctoral thesis marks the candidate eligible for the doctorate in this university.

6. Hochschule Pforzheim

Hochschule Pforzheim is one of the foremost universities in the world. It is the holder of the AACSB accreditation. The university offers programs in accessory design, jewellery, industrial designs, visual communication, and more.

  • The college is not in a centre point like Frankfurt or Berlin in Germany.
  • However, the campus of Hochschule Pforzheim is a noteworthy base for the students of MBA. The students secure excellent jobs in Germany upon graduation.
  • The students of this college aspire to be a part of the assembling and auto businesses of Germany. The encompassing Baden-Württemberg district is home to Bosch, Porsche, and Daimler, among different makers.
  • The Pforzheim city is the way to the northern passage to the beautiful Black Forest of Germany.
  • The school offers an MBA degree of 21 months in International Management.
  • Generally, the course is on Sustainable Globalisation and Innovation and Business Dynamics.
  • The Master degree course of MBA in International Management is the leading state-certify MBA degree program.
  • The course focuses on advertising, general administration instruction, and administrative abilities to confront global business. The student will get great opportunities for work in Germany upon graduation.
  • The medium of instruction of the degree course is in English.
  • The college course has four semesters for the students.

7. TUM Technische Universität München

TUM is an excellent centre of business and management research in Germany. The alma mater of this university boasts of about 17 Nobel Prize laureates, 22 IEEE Fellow Members, and 18 Leibnitz Prize winners.

  • TUM is a reputed business college with a triple accreditation license in Germany.
  • The school offers a degree in Executive MBA along with other courses.
  • Also, TUM gives a degree program of Masters in Management and Technology.
  • Students can choose among the degrees that include:
    • Executive MBA in Business and IT,
    • General Executive MBA, or
    • Executive MBA in Innovation and Business Creation,
  • The campus of the school is luxurious
  • Besides, the school is the focal point of one of the active business centres of Germany.

8. Hochschule für Wirtschaft und Recht Berlin (HWR) – Berlin School of Economics and Law

The Berlin School of Economics And Law is the centre of research and higher education in business and management. BSEL boasts of significant international partnerships with more than 150 universities across the world.

    • The Berlin School of Economics And Law is a business college in Berlin, the capital of Germany.
    • The school is home to a large group of diverse MBA degree choices. At the school, the students can concentrate on the executives in a European setting. As a rule, they can also opt fora Transatlantic setting or an Asian-European setting.
    • These MBA degrees incorporate extensive research abroad which includes the research centres of the UK, London, France, Hong Kong, and other parts of the EU.
    • Such diversity is to make the students acquire exposure to global business experience.

Furthermore, the school offers low maintenance MBA programs in Entrepreneurship, Health Care Management, and Change Management.

9. College of Cologne Executive School

The College of Cologne Executive School is a remarkable centre of business and management research. The school is in partnership with hundreds of reputed universities across the globe and offers excellent management programs.

    • The University of Cologne Executive School is one of the most excellent business schools in Germany.
    • Above all, the school has a triple accreditation license.
    • It plays home to the Cologne-Rotterdam MBA degree program.The school offers this program in association with the Rotterdam School of Management in the Netherlands.
    • The University of Cologne Executive School is in the Ruhr valley.
    • The location consists of an assembly of huge, mechanical urban areas in northwestern Germany.
    • The university offers graduates with adequate openings for work and thriving.
    • Besides, the two-year degree course of Executive MBA benefits as much as possible from its area at the intersection of Europe’s exchange courses and its nearby corporate system.
    • The Köln campus of the school is at Südstadt. This campus is for the resources of the humanities department. The Deutz campus is for resources of the designing department. The Mülheim campus is for the Game Lab department of Cologne.
    • The school likewise has two campuses in Gummersbach. One of them is for the software engineering department. The other university in Leverkusen is for the science department.
    • The worldwide office at the TH Köln offers the graduated with trade openings. Furthermore, the trade openings come with about 352 accomplice colleges from 94 nations.

The TH Köln is additionally one of seven individuals from UAS7, which speak to the seven driving German colleges of connected sciences universally.

10. ESCP Europe – Berlin Campus

ESCP is all set to train students and produce generations of transnational business and management leaders. The school boasts of extensive research, cross-campus educational programs, and innovative pedagogy.

  • ESCP Europe is an excellent European business college in Germany.
  • The school campuses are in Paris, London, Berlin, and Madrid among others.
  • The campus at Berlin invites under-graduates for a degree in MBA in International Management.
  • The degree course typically pursues through every one of two years at various grounds inside Europe.As a result, the students get a degree of multicultural quality.
  • Besides, the student can also invest in the hundred of opportunities that the school offers.
  • The position of Executive MBA in ECSPis among the top hundred projects. This ranking is by the Financial Times. This school also has triple accreditation.
  • The students of ESCP of Germany get the opportunities to research on several different campuses. These campuses are across Europe. The campus grounds are in Paris, London, Madrid, Berlin, Turin, and Warsaw.
  • The students can go through either half of a year or a whole year on every campus. As a rule, this decision rests upon the school authority.
  • Every school campus has its very own particulars and creates study programs with local literary organisations.
  • From 2017, there will be two school campuses of ESCP Europe in Paris. One of them will be close to the Place de la République (eleventh arrondissement of Paris). The other university will be close to the Montparnasse Tower (fifteenth arrondissement of Paris).
  • Every school campus is for a particular scope of projects and research. The school campus in the eleventh arrondissement has all the alumni programs. However, the university in the fifteenth arrondissement has the undergraduate training, the official instruction and the school’s start-up Incubator, the Blue Factory. This association is one of a kind to Paris.

Conclusion

With all said and done, it is finally up to the student to prepare for the entrance examinations and secure admission. Secure a high score, study in the best MBA universities in Germany, and build a brilliant future in business and management.

Read more about the best universities in Germany and how to get a German Visa.

Cost of groceries in Germany

Cost of groceries in Germany

Germany is one of the most developed countries in the world, with one of the highest standards of living. In fact, compared to the rest of the EU, you will find that the living cost in Germany is actually quite reasonable. Whether you are working in Germany, settling permanently, or studying as a student, it’s a reasonable estimate to say that you will need between 850 and 1000 euros a month to cover your living expenses. You should always estimate your cost of groceries in Germany to establish your comfortable living experience.

Of course, before we move on to talk about Germany in detail, we would like to point out that the amount of money you’ll need naturally depends on your living standards and how luxurious or frugally you might prefer to live. In this article, we will provide you with a detailed account on how much you can expect to spend in monthly groceries and entertainment.

Cost of groceries in Germany

In this section we’re going to cover the general list for the cost of groceries in Germany. Do note, that this list is an overall, general price list for grocery products. You may find that in some places, like wholesale stores or farmers’ markets, certain products are available at a cheaper price. Depending on how health conscious you are or if you have particular allergies or dietary preferences, you will find that you will need somewhere between 50 and 60 euros for the cost of groceries each week.

Here’s what we included when calculating this figure.

Milk (1 litre)- 0.7 euros

Loaf of white bread- 1.2 euros

White Rice (1 kg)- 2 euros

Eggs (1 dozen)- 2 euros

Boneless Chicken (1kg)- 8 euros

Beef (1 kg)- 12 euros

Apples (1kg)- 2 euros

Banana (1kg)- 1.5 euros

Oranges (1kg)- 2 euros

Tomatoes (1kg)- 2.5 euros

Potatoes (1kg)- 1 euros

Onions (1kg)- 1 euros

Lettuce (1 head)- 1 euros

Water (1.5 liter)- 0.5 euros

Wine bottle (mid-range)- 6 euros

We took an average of four bottles for a week and 2 kg of boneless chicken to come up with an estimated cost of 52.9 euros each week. Of course, this estimate will depend on your taste as well, but this is the general cost of groceries in Germany.

Additionally, we’d like to add that a can of beer can cost around 0.5 to 2 euros depending on your preference, whether you drink imported or domestic beer and your consumption as well. In Germany, a pack of cigarettes can cost between 6 and 10 euros, depending on the brand and the place you buy it from as well. Soft drinks like Coca Cola and Pepsi cost around 2 euros per bottle and a regular cappuccino is around 2 euros.

There are plenty of options to buy your groceries from in Germany. From farmers’ markets to multinational, major grocery stores, each offer you exactly what you’ll need. Below, we’ve compiled a list of the different types of grocery stores you will find in Germany and what you can expect from them.

Where to get them

Wholesalers

Companies such as Lidl, Netto and Aldi offer groceries at the lowest prices possible. Most of the population buys from these places. This is especially because of the weekly and weekend promotions they offer. You can save a lot of money buying from these stores. However, if you’re particularly health conscious, then we would advise that you stay away from the fruits and vegetables aisles. Since most people can simply pick out their choice fruits into bags for measurement, most of the time, the worst looking ones are left.

Avoid missing out on the daily product (that comes once in the morning only). Instead, go to a farmers’ market and pick out farm fresh fruits and vegetables for yourself.

Major grocery chains

Grocery chains such as Real and Kaufland are very much like Walmart and any other major grocery store chain. The best thing about these chain stores is that you’ll be able to find everything under one roof. From household supplies, to groceries to even cheap clothing. These stores aren’t as cheap as the wholesalers. However, they offer a larger variety and depending on your diet, you might like these better. If you care more about the cost of groceries, go to a wholesaler.

Farmers’ markets

These are found in every German town and city and are usually held once a week. You can learn about the farmers’ market in your area by following them on social media. Many people prefer to buy their produce from farmers’ markets, as the fresh produce in the markets tends to run out very fast.

Ethnic stores

If you’re looking to experience the diversity offered in Germany, then look no further than these markets. There are ethnic communities all over Germany, so you will find these markets in almost every city. Here you can find staple items from these cultures which you can use in cooking delicious meals. If you’re an immigrant from these countries or even an expat who enjoys these cuisines, then visiting these markets is a good idea. They provide with groceries not available in German grocery stores and will make your move to Germany feel more like home.

Metropolitan cities in Germany are amazingly multicultural. It’s not uncommon to find Turkish, Italian, African, Asian, and much more ethnic food stores all over the country. IT’s not uncommon for ethnic grocers to sell food from their home country right next to German foods in their markets.

Bio/natural/organic/vegetarian/vegan

The word Bio is in reference to organic goods in Germany. You can find a Bio market is just about every town. In major food stores, you can usually find some bio goods as well. Bio has become so mainstream in Germany that you can buy some organic products at Aldi or any other grocer. It costs a little bit more, but those who buy Bio swear that it’s worth it to not put chemicals into your body.

Just like the United States has community-assisted agriculture programs, Germany has them too. You can become part of a CSA, and have fresh, organic, local produce delivered to you ever week for a fee. One such company providing this service is Dirk’s Biokiste.

If you’re looking for a more specific and less mainstream organic food, you’ll need to visit one of the organic supermarkets. It’s also easy in Germany to find ready-made vegetarian and vegan products. As with the organic products, the organic supermarkets will have more choice of vegan and vegetarian food.

Cost of groceries if you buy online

Now, a lot of problems that expats often face when they move to Germany is finding things they use back in their home country. These are things like a specialty sauce or a brand of jam which you may like using. While most products are available in Germany, unfortunately, you won’t find everything in the local departmental stores near your house.

In such an event, you might want to turn to specialty retailers like KaDeWe, short for Kaufhaus des Westens. It is a Berlin-based departmental store where you can find almost every brand available back in America or the United Kingdom. They also offer delivery so that’s an added bonus for you if you are very busy.

Other online stores that will give you a good deal on your cost of groceries include British Corner Shop, AmericanFood4U and Expat Mom.

You might also want to check Real and Aldi as they also offer online grocery shopping services in some German cities. This can save you loads of time and allow you to spend more time with friends and family.

Bottle return (pfand)

While exploring the streets of Berlin, you may notice a conspicuous absence of bottles. Germany has in place a very effect bottle deposit program, like the one in certain US states. The majority of glass and plastic bottles in Germany come with a small deposit that you can get when you return the bottle.

Simply store the bottles in a bag, and when you fill up a bag you return to the store and put them in a machine. The machine will spit out a receipt of how much money you get for returning the bottles. You take the receipt to the cashier and get the money. Returning bottles can help bring your cost of groceries down as you bring back bottles and get a little in return for them which you can put towards your new groceries.

This highly effective system helps keep city streets cleaner. It helps instill a sense of social responsibility and civic pride. If you leave a glass bottle out on the sidewalk, chances are it will be gone when you come back. This can surely help reduce your cost of groceries in Germany.

The German shopping cart secret

If you’ve ever been to an Aldi in the United States, you may have noticed their peculiar system of shopping carts. It’s this way in most stores in Germany. Most carts in Germany operate on a coin deposit system.

You put in a 50 cent or 1 euro coin into the handle of the cart, and then you can unbuckle the cart and take it around the store. When you’re done shopping, you bring back the cart and get your deposit back.

This system helps cut down on cart scattering in the parking lot. In the US, people like to rudely scatter their carts all around the parking lot – it is not so in Germany. People want their deposit back, so they bring the cart right back to where they found it.

Bags

Another small but important detail is bags. You must bring your own reusable bags to the store in Germany. If you don’t, you’ll have to buy your own bags when you check out. This is part of an effort by the German government to cut down on plastic bag use. If you don’t bring your own bags, the overall cost of groceries can be quite high, so bring some bags with you.

Conclusion

There are many great food options in Germany, even if you’re from a foreign country, but it is always better to estimate your cost of groceries in Germany. You can find the foods in Germany to make you feel right at home. They have a wide range of specialty ethnic markets, including American ones. It may also be a great idea to break out of your culinary comfort zone and sample what foods Germany has to offer. You may discover your new favourite snack is a German one. Armed with this knowledge, your next German market trip is sure to be a bountiful one.

Your accommodation can also determine your cost of groceries. Read here more about accommodation in Germany.

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