FT Rank #22

Master in Global Management (MGM)

ESMT Berlin
Berlin, Germany
Fees
€36,000 (two years)
Duration
24 months
Employment
95%
Median Salary
$100k
Language
English

ESMT Berlin placed 22nd worldwide in the Financial Times Masters in Management 2025, with a weighted three-year salary of about US $100,000 and a 95% employment rate at three months.⁴ Its Master in Global Management (MGM) is a two-year, English-taught degree run from the German capital — one of Europe’s most dynamic technology and startup ecosystems.

Overview

ESMT (the European School of Management and Technology) was founded in 2002 by 25 leading companies and institutions, which gives it an unusually corporate DNA among European business schools.¹ It is based in Berlin, in the former East German state council building on the Schlossplatz, and teaches entirely in English.

The MGM is ESMT’s pre-experience master, designed for recent graduates with no more than two years of postgraduate work experience.² The 2026–2028 cohort begins on 8 September 2026.

Curriculum & Structure

The two-year MGM combines a management core with a strong technology and analytics orientation that reflects both ESMT’s founding mission and Berlin’s character as a startup capital.¹ International exchange options are built into the programme, and the curriculum leans on ESMT’s corporate founders and partners for projects and recruiting.

Application & Deadlines

ESMT admits for a September start. For the 2026 intake, the main application round closed on 17 May, with a soft final deadline of 31 July 2026.² Applicants who need a visa or are applying for scholarships are advised to apply earlier in the cycle. Dates for the September 2027 intake had not been published at the time of writing.

Tuition & Funding

Tuition for the full two-year MGM is €36,000.³ A €5,000 deposit confirms a place within four weeks of an offer and is deducted from future payments, with the balance paid in two equal instalments across the two years. Fees cover courses, seminars, materials, orientation and career support; ESMT suggests budgeting roughly €1,200 a month for living costs in Berlin, which remains more affordable than many comparable European capitals.

Class Profile

The 2025–2027 cohort is 71 students drawn from 25 nationalities, 83% international and 63% women, with an average age of 23.⁶ Academic backgrounds are led by business and management (46%) and engineering (15%), with a long tail across communications and international studies (8%), finance and accounting (6%), economics (4%) and computer science — a deliberately broad, pre-experience intake.⁶

Career Outcomes

The Financial Times 2025 ranking reports a weighted three-year salary of about US $100,000 and a 95% employment rate at three months.⁴ ESMT’s own employment report puts the average starting salary at about €68,000 — a graduating-cohort figure, on a different basis from the FT’s weighted three-year number.⁷ Recruiters cluster in consulting and technology — McKinsey, BCG, Deloitte, EY and PwC alongside Amazon, SAP, BMW, Allianz and Zalando — a profile that fits Berlin’s standing as one of Europe’s leading technology and startup hubs.⁷

Reputation

ESMT’s youth — founded in 2002 — and corporate origins set it apart from Europe’s centuries-old institutions, and its Berlin base gives it a distinctly technology-forward identity. Its QS Business Masters (Management) 2026 placement around 100th sits well below its FT position, a divergence that reflects how differently the two rankings weight salary, employer reputation and research. For the broader case for the degree, see our pieces on whether a MiM is worth it in 2026 and MiM versus MBA.

Frequently asked questions

How much does the ESMT Master in Global Management cost?
Tuition for the full two-year MGM is €36,000. A €5,000 deposit confirms your place within four weeks of an offer and is deducted from future payments, with the balance paid in two equal instalments across the two years. Fees cover courses, seminars, materials, orientation and career support; students should budget roughly €1,200 a month for living costs in Berlin.
How long is the ESMT Master in Global Management and is it in English?
It is a two-year, full-time programme taught entirely in English — English is ESMT's working and teaching language, and it is widely spoken in Berlin. The 2026–2028 cohort begins on 8 September 2026.
Where does ESMT Berlin rank for the Master in Management?
ESMT Berlin placed 22nd worldwide in the Financial Times Masters in Management 2025, with a weighted three-year salary of about US $100,000 and a 95% employment rate at three months. In the QS Business Masters Rankings (Management) 2026 it placed around 100th — a reminder that the FT and QS methodologies can diverge sharply.
When are the ESMT Master in Global Management deadlines?
ESMT admits for a September start. For the 2026 intake the main round closed on 17 May, with a soft final deadline of 31 July 2026; visa and scholarship applicants should apply earlier. Dates for the September 2027 intake are not published yet. The programme is designed for recent graduates with no more than 24 months of postgraduate work experience.
What careers do ESMT graduates pursue?
Placement leans towards consulting, technology and finance, with industry roles rounding out the cohort, and benefits from Berlin's position as one of Europe's leading startup and technology hubs. The FT 2025 table reports a 95% employment rate at three months.
Do you need a GMAT for the ESMT Master in Global Management?
No — the GMAT and GRE are optional. ESMT can waive the test for applicants with a strong quantitative record (competitive grades in quantitative subjects, or a STEM degree), and offers its own online Business Admissions Test as an alternative. If you submit a score, ESMT advises that a GMAT below 600 or a GRE below 304 is not competitive, and it does not publish a class average. Admitted applicants who share scores on forums such as GMAT Club have reported GMATs in the 710–750 range.
What is the ESMT Master in Global Management class profile?
The 2025–2027 cohort is 71 students from 25 nationalities — 83% international and 63% women, with an average age of 23. Academic backgrounds span business and management (46%) and engineering (15%), with a long tail across communications, finance, economics and computer science.

From the forums

Self-reported posts from applicants and students on public forums — useful colour, but anecdotal and unverified. Not official school data.

  • An applicant with a GMAT Focus 715 (≈710 classic) reported an MGM admit while also holding RSM CEMS and LBS offers, and weighed ESMT's quoted 640 guideline against peer schools.

    GMAT Clubgmatclub.com ↗ posted 30 Mar 2022

  • ESMT decision-tracker entries show self-reported admits with GMAT scores of 710–750 (and a 316 GRE) — submitted scores running well above the 600 guideline.

    GMAT Clubgmatclub.com ↗ posted 10 Aug 2023

  • A student noted German-language ability is effectively expected for German consulting roles, with technology and operations roles dominating the cohort's placements.

    GMAT Clubgmatclub.com ↗ posted 1 Jun 2018

Sources

  1. ESMT Berlin — Master in Global Management (MGM) esmt.berlin ↗ — ESMT Berlin (retrieved May 2026)
  2. ESMT Berlin — Master in Global Management admissions esmt.berlin ↗ — ESMT Berlin (retrieved May 2026)
  3. ESMT Berlin — Master programs fees & financing esmt.berlin ↗ — ESMT Berlin (retrieved May 2026)
  4. Financial Times — Masters in Management 2025 rankings.ft.com ↗ — Financial Times (retrieved May 2026)
  5. QS Business Masters Rankings: Management 2026 topuniversities.com ↗ — QS Quacquarelli Symonds (retrieved May 2026)
  6. ESMT Berlin — Master programs class profiles esmt.berlin ↗ — ESMT Berlin (retrieved Jun 2026)
  7. ESMT Berlin — Master programs careers & employment esmt.berlin ↗ — ESMT Berlin (retrieved Jun 2026)