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What makes the Mannheim Business School MBA unique and how can you get in?
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Chief Market Officer Kai Stenzel and Admissions Manager Sofia Syed Nasir discuss what makes the Mannheim MBA unique, the school’s admissions process, career opportunities and more.
Introducing Kai Stenzel and Sofia Syed Nasir (0:00) | Program Highlights (3:50) | Admissions (25:15) | Financing & Working in Germany (35:40) | Careers (48:30)
About Our Guest:
Kai Stenzel is the Chief Market Officer for Mannheim Business School where he has worked for over 6 years. He is responsible for Marketing, Admissions, Career Development, and Alumni Relations. Kai got his MBA from Mannheim Business School and Essec Business School.
Sofia Syed Nasir is the Admissions Manager for Mannheim Full-time MBA, Mannheim Business School. She got her Masters in International Business from Grenoble Ecole de Management.
What is unique about the Mannheim MBA?
Ranked #1 MBA in Germany by Forbes, Bloomberg Businessweek and the Economist
Ranked #1 in Business Administration by German HR professionals 14 years in a row (Wirtschaftswoche University Ranking)
Targets and consistently ranks top 10 worldwide for ROI
1 year MBA starts in September with ~60 students per intake
Admissions looking for collaborative mindset, teamwork abilities, and unique point of view that could benefit other classmates
10 core courses taught in terms 1-2; electives, social sustainability project and business master project offered in terms 2-4; students can extend with a term 5 to get a management analytics certificate, study abroad or pursue a business idea or internship
80% of graduates stay in Germany to work
Graduates get a job seeker’s visa that lasts 18-months
Touch MBA’s Mannheim MBA Fast Facts
last updated November 2020
Program Highlights (3:50)
Mannheim University was established in 1907, and Mannheim Business School started in 2005
1 intake/year in September
Length: 12 months, can be extended 3 months to acquire an additional Management Analytics Certificate, lay foundations for own company, study abroad, complete an internship or refine German language skills
Campus in Mannheim; 60-70% of German economy is within 500km
50-60 participants/intake
~25 nationalities/intake, class is ~80% international, ~35% female
Rankings: #71 Financial Times 2020, #44 Economist 2019
Accredited by AACSB, EQUIS, AMBA
Admissions (25:15)
Rolling admissions; discounts given for applying by first two early bird deadlines
Avg GMAT: 680, GMAT or GRE accepted, minimum GMAT/GRE equivalent is 600
Avg age: 30, Avg work experience: 6, 3 years min work experience requirement
2 recommendations required
University degree with minimum B+ average expected
TOEFL (minimum 95) / IELTS (minimum 7)
Financing & Scholarships (35:40)
Full-time MBA Tuition: €39,500, Management Analytics Certificate in the optional fifth term costs € 6,000 (plus VAT)
Recommended Budget: €800 - €1,000 / month
Merit-based scholarships available, up to 25% of fees, and offered on a rolling basis subject to availability
Careers (48:30)
Full-time placement report? Yes
Class of 2020: 92% of graduates received job offers within 3 months of graduation
Average Salary for Class of 2020: $105,800 USD
Percentage increase on pre-MBA salary: 67% (Economist 2019)
Industry: 28% Technology/IT, 22% Consulting, 14% Financial Services, 11% Manufacturing, 8% Logistics
Geography: 84% Germany, 7% Europe outside Germany, 7% Asia, 2% Latin America
3,500 alumni with 30 chapters worldwide
Go to touchmba.com/mannheim-mba-pro... for a full breakdown of the program's key advantages and fast facts about admissions, financing, and careers at the University of Mannheim - Mannheim Business School MBA program.
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