How much does an Online MBA cost
Establishing a strong foundation in business administration and management, in addition to cultivating a network of business contacts, will be of great use to you later on in your professional journey. With Indiana University’s flexible on-campus study program, you can obtain a recognized degree while residing in Berlin or Bad Honnef.
With this global Master of Business Administration (MBA) program that is one year long, you will develop expertise in economics, finance, and leadership to prepare you for any management role. You will also bring your existing leadership skills and comprehensive understanding of all core business disciplines to the table.
These One Year MBA courses in Germany will help you create a network, socialize, and benefit from real-time, practical teaching by leveraging I.U. ‘s blend of in-person and online classes as well as Simplilearn’s specialties.
Overview of the best available Online MBA program
Before joining an online MBA program, it is important to know about the cost of the online MBA program and other features like topics, tools, and practical training offered in the course. Let’s look at these details one by one:
Total Program Fee
The total cost of an Online MBA in Germany is:
₹ 2,50,000 (Incl. taxes)
Free Interest EMI At an initial cost of 8,299 Rupees per month
The following fees will need to be paid in order for you to continue your studies in Germany for a second semester.
- At the time of onboarding, you will be required to pay I.U. University 3,894 EUR or 3,29,794.54 Indian Rupee.
Program Curriculum:
- The IU MBA Program Orientation
This online MBA course will help you start your career path off on the right foot with the I.U. Global MBA Program and get a head start on your career in management.
- IU MBA SEM 1
Students in this course will learn the skills necessary to become an effective leaders in today’s information- and knowledge-based businesses. This course focuses on the prerequisites and tools of professional leadership, as well as features of situational leadership, leadership communication and relationships, and both strategic management and the processes of change.
- MBA International Business: 1st Semester
This course for students pursuing a global master’s degree in business administration focuses on determining which international markets and other business-related dependencies should be targeted when marketing products and services. The primary objective of the class is to identify the specific overseas markets and business-related dependencies that ought to be targeted while marketing various goods and services abroad.
- IU MBA Section 1: Performance Evaluation and Analysis
With the assistance of this course, you will be able to lend support to the implementation of strategy by making use of performance indicators to address financial and non-financial/operational elements. This MBA course will teach you about a variety of performance-related topics, such as customer drivers measured and managed by customer lifetime value, financial drivers measured by the economic value-added, and process drivers measured and managed within the context of continuous improvement programs.
- IU MBA SEM 1: Financial Management
This course serves as a good introduction to corporate finance and financial management and is offered as part of their coveted Master of Business Administration program. You will get the opportunity to acquire insight into issues that are very relevant, such as the goals and other objectives of financial management within an organization, measures for financial control, and the fundamental functions of capital markets. This course will also provide an introduction to fundamental elements of financial analysis, such as the computation of cash flow statements.
- IU MBA — Section 1 — Managerial Economics
Investigate in great detail the economic model that serves as the foundation for markets and economies, as well as the economic justification that lies behind strategic decisions. Using a management point of view, you will learn how to conduct an economic environment analysis and develop conclusions with the help of this course.
- MBA Track 2: Strategic Management at Indiana University
This course will teach you how to identify risks and opportunities in markets and help you comprehend the strengths and weaknesses of firms that are confronted with various market scenarios. In order to assist in the process of strategic planning as well as in operational management, you will study the process of identifying and analyzing the core competencies and competitive advantages in both national and international environments.
- IU MBA SEM 2: Change Management
The concept of organizational change is observed all around the world. In this Master of Business Administration course, you will get an understanding of the nature of change as well as several models of change. You will get an understanding of how contrasting points of view are complementary to one another and how they can be combined to better comprehend, evaluate, and identify the dynamics of change. In addition to this, topics such as structure, culture, and politics will be covered in the course.
- IU MBA SEM 2: Managing in a Global Economy
Increases in both competition and change have been brought about as a result of the internationalization and globalization of goods and service marketplaces. Students will gain a greater understanding of the managerial issues that are faced by global firms by taking this course, which will examine the economic, organizational, and cultural roots of these challenges. You will be able to describe and compare a collection of sustainable corporate and functional strategies in the context of globalization, thanks to the information provided by this tool.
- IU MBA Capstone Thesis and Thesis Defense in the Second Semester of the MBA Program
Construct a business plan or consulting report by doing an in-depth scientific analysis and in-depth critical discussion of a predetermined problem, all while making recommendations for potential solutions based on the knowledge gained throughout the MBA program.
The Criteria for Eligibility
Candidates must demonstrate that they meet all of the following requirements in order to be considered for admission to our One Year Global MBA program:
- A minimum of two years of professional experience
- An undergraduate degree in any subject.
- English as a Second Language instruction
The Procedure for Applications
- The following are the three simple steps that are included in the admissions process for this One Year Global MBA program:
- Candidates who are interested in the position are required to provide the following documents as part of their application:
- Certificate of completion of undergraduate studies from an accredited university and an official copy of the corresponding transcript with a grade point average of at least fifty percent
- The letter indicating that English would be used as the medium of instruction for students working for a bachelor’s degree in English
- Experience in the workplace letter
- Tabular CV
- a photocopy of your driver’s license or passport
- An admissions committee will establish a shortlist of candidates to consider based on the applications that are received.
Candidates who have been chosen will get an offer of admission, which they can accept by making the appropriate payment for the program cost.
We are committed to ensuring that our programs are available to everyone. We are dedicated to assisting you in locating a method that works within your budget to pay for this program, and we provide a number of different financing alternatives to make it more affordable.
Enrollment Fee
Different public and private institutions in Germany charge varying amounts of money for their master’s of business administration programs. In Germany, free public education is provided to all pupils as a matter of law and policy. The price might range anywhere from 14 to 33 lakh rupees (about U.K. dollars), on average. There are a number of universities in Germany that are supported publicly and do not charge students tuition. Nevertheless, the Administration Fee must be paid in full before the start of each new school year.