Head to head
EBS Business School vs TUM School of Management
The EBS Business School and TUM School of Management Master in Management programs, compared side by side on the numbers that decide it — ranking, fees, salary, selectivity and class profile.
EBS Business School
TUM School of Management
FT ranking 2025
#52
#54
QS ranking 2025
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#28
Tuition
€33,780 (full programme, 4 semesters / 120 ECTS)
€97/semester (EU) + €4,000/semester tuition for non-EU students
Median salary
$107k
$117k
Employment rate
80%
84%
GMAT range
GMAT, GRE or an accepted alternative (BAT, EBSgrad, CAT) required — no minimum score published
—
Duration
24 months
24 months
Class size
—
—
Average age
—
—
International
—
46%
Female
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Location
Oestrich-Winkel, Germany
Munich, Germany
The short version
- On the Financial Times 2025 ranking, EBS Business School (#52) sits ahead of TUM School of Management (#54).
- On graduate salary, TUM School of Management leads at $117k.
- On tuition, TUM School of Management is the more affordable option at €97/semester (EU) + €4,000/semester tuition for non-EU students.
Rankings and salary are only part of the decision — fit with your target career, location, language, and cost of living usually matter more. Read each program in full before deciding.
Frequently asked
Is EBS Business School or TUM School of Management ranked higher?
- On the Financial Times 2025 Masters in Management ranking, EBS Business School places #52 and TUM School of Management #54, so EBS Business School ranks higher. A few places on one table rarely settle the decision, though — programme fit, location and cost usually matter more than the gap.
Which is more affordable, EBS Business School or TUM School of Management?
- Tuition is €33,780 (full programme, 4 semesters / 120 ECTS) at EBS Business School and €97/semester (EU) + €4,000/semester tuition for non-EU students at TUM School of Management. Compare like for like before concluding — headline tuition can mix EU/EEA and non-EU rates — and add living costs in Oestrich-Winkel versus Munich, since the lower tuition is not always the cheaper city overall.
Which has higher graduate salaries, EBS Business School or TUM School of Management?
- TUM School of Management reports the higher graduate salary ($117k) against $107k at EBS Business School. Treat headline salary figures as indicative: they reflect each cohort's industry mix and how the school surveys alumni as much as raw earning power.
Do you need the GMAT for EBS Business School or TUM School of Management?
- EBS Business School generally looks for around GMAT, GRE or an accepted alternative (BAT, EBSgrad, CAT) required — no minimum score published; TUM School of Management generally expects a GMAT or GRE. Test policies change each cycle, so confirm the current requirement on each school's own admissions page before assuming you can skip it.
Should I choose EBS Business School or TUM School of Management?
- There is no universal winner. The right pick depends on your target career, where you want to live and work (Oestrich-Winkel, Germany versus Munich, Germany), the language of instruction, and your budget. Read both full profiles, weigh fit over a handful of ranking places, and if you are still torn, our admissions guide walks through building a shortlist you can defend.