Careers & Salary · Germany

MiM Salary & Careers in Germany.

8 Master in Management programs · median salary $118,244 · 90% employed at 3 months

Across the 8 Master in Management programs we track in Germany, graduates earn a median first-job salary of $118,244 (from $100,024 to $133,876). Figures are each school's most recent reported outcomes, normalised to US dollars by the Financial Times.

Salary by school

# Program Median salary
  1. 1 HHL Leipzig Graduate School of Management FT #46 · 89% employed at 3 months $134k
  2. 2 WHU – Otto Beisheim School of Management FT #22 · 90% employed at 3 months $128k
  3. 3 University of Cologne FT #37 · 83% employed at 3 months $120k
  4. 4 University of Mannheim Business School FT #28 · 98% employed at 3 months $120k
  5. 5 TUM School of Management FT #54 · 84% employed at 3 months $117k
  6. 6 Frankfurt School of Finance & Management FT #62 · 96% employed at 3 months $111k
  7. 7 EBS Business School FT #52 · 80% employed at 3 months $107k
  8. 8 ESMT Berlin FT #22 · 95% employed at 3 months $100k

Salaries are FT-weighted figures in US dollars where available, so they are comparable across schools. Click any school for its full salary and career-outcomes breakdown.

Where graduates work

IndustryTypical share
Consulting 23–50%
Financial Services 15%
Technology at 2 of 8 schools
Industry & Services 21%
Banking 17%
Start-up & Online 15%
IT / Technology 13%
Banking & Finance 11%

Top recruiters across Germany

Amazon · BCG · Deloitte · McKinsey & Company · Allianz · BMW · Bain & Company · Beiersdorf · Deutsche Bank · EY · Goldman Sachs · PERI · PwC · Roland Berger · SAP

Working in Germany after your MiM

Post-study work route Residence permit to seek employment (§20 AufenthG) 18 months

After finishing at a German school, Master in Management graduates can switch their student residence permit to an 18-month permit to seek employment under §20 of the Residence Act. During those 18 months you may take up any job while you search, then convert to an EU Blue Card or a qualified-professional work permit once you have a graduate-level offer.

The 18-month clock starts the day you graduate, not when the permit card is issued, so apply promptly. Germany's newer Opportunity Card (Chancenkarte) is a separate points-based route for job-seekers, but for someone graduating in Germany the §20 permit is the direct path.

Tuition vs. salary

Tuition across these programs runs from €0 to €40,400, against a median graduate salary of $118,244.

Tuition is shown in EUR and salary in US dollars (the FT's reporting currency), so treat this as a rough orientation, not a precise return-on-investment ratio. Living costs, scholarships and exchange rates all move the real number.

Frequently asked questions

What is the average MiM salary in Germany?
Across the 8 Master in Management programs we track in Germany, graduates earn a median first-job salary of about $118,244 (range $100,024–$133,876), based on each school's most recent reported figures, normalised to US dollars by the Financial Times.
Can I stay and work in Germany after a Master in Management?
Yes. Graduates of a German university can convert their student permit into an 18-month residence permit to look for qualified work. See the work-rights section above for the official details.
What share of MiM graduates in Germany find work after graduation?
Across the Germany programs that report it, a median of 90% of graduates are employed within three months of finishing.

Sources

  • Residence for graduates of German universities ↗ — BAMF — Federal Office for Migration and Refugees
  • Prospects after graduation ↗ — Make it in Germany — Federal Government portal
  • Salary, employment and recruiter figures are drawn from each school's own reported outcomes — see the individual program pages linked above.