Germany is the third most popular destination for international students to study after the United States and the United Kingdom. According to the German Academic Exchange Service (DAAD), over 330,000 international students currently learn at German universities. International student enrolment in German universities has risen by 38.1 percent between 2014 and 2021. Plenty of reasons play a significant part in Germany’s ever-growing global student population and lower tuition fees in one of them.
Studying abroad is a dream for many, but the cost of living and studying in a foreign destination often demotivates them. Earning a master’s degree in Germany tends to be a worthwhile investment. Considering a range of factors, like affordability, tuition fees, living accommodation, food, and transportation, make Germany the best country to live and study in the world.
Home to several leading universities and world-class educational institutions, Germany’s Berlin and Munich are among the QS Best Student Cities in 2022. In fact, masters in Germany promise tremendous success as German universities offer research-focused curricula. Another feature that appeals to overseas students is affordable education in Germany. While the German government waived off tuition fees in public universities in 2014, private universities still have standard tuition fees that are way lower than other abroad destinations.
In this blog, you will discover all the costs you will have to spend while studying masters in Germany.
Tuition Fees At Private Universities In Germany
Let us take a look at some master’s programs offered by reputed private universities in Germany:
|Popular programs||Tuition fees|
|Global MBA||EUR 13,500|
|MSc Digital Marketing||EUR 12,000|
|MSc Finance and Investment||EUR 12,000|
|MSc in International Health Management||EUR 11,800|
|MSc Data Analytics||EUR 12,000|
Pre-arrival cost in Germany
The journey to a college or university in Germany starts way before landing there. A brief idea on pre-costs you must need to know:
|Type of expense||Cost (approx.)|
|IELTS Registration Fee||EUR 160|
|TOEFL Registration Fee||EUR 166|
|Student Visa Application||EUR 75|
Post Arrival Cost In Germany
Once you land in Germany, you need to pay for your rent, food, and transportation. Let’s take a quick look at these basic costs that you need to pay upon arrival in Germany:
|Post arrival cost||Expenses (per month)|
|Health Insurance||EUR 110|
|Textbooks and stationery||EUR 50|
Total Annual Cost Of Pursuing A Master’s In Germany
|Type of expense||Private university|
|Tuition fee||EUR 14,000|
|Administrative cost||EUR 600|
|Pre-arrival cost||EUR 430|
|Post arrival cost||EUR 12,000|
Fortunately, top-notch universities in Germany’s Berlin offer a variety of scholarships to international students to finance their studies in the nation. According to schengenvisainfo.com, the number of international scholarship holders in Germany increased by 3 percent this year. In addition, the opportunity to work while studying and the thriving job market make pursuing a master’s in Germany a better return on investment.
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