ESMT Berlin

Germany

ESMT Berlin

The business school founded by business.

ESMT Berlin

MIM classroom

ESMT Berlin

MIM classroom

ESMT Berlin

ESMT Information Center

ESMT Berlin

Student lounge

ESMT Berlin

ESMT Information Center

ESMT Berlin

Classroom discussions

ESMT Berlin

MIM student in the classroom

ESMT Berlin

Study room

ESMT Berlin

MIM auditorium

ESMT Berlin

MIM graduation

ESMT Berlin
ESMT Berlin is ranked as the #1 business school in Germany and #7 in Europe by the Financial Times. ESMT Berlin is a private German business school founded by 25 multinational corporations. ESMT offers five degree programs: Master in Management, Full-time MBA, Part-time blended MBA in business innovation, Global Online MBA, and an Executive MBA (EMBA) as well as executive education programs. All ESMT degree programs are taught in English and benefit from close relationships with ESMT's corporate network and founders and its global network of alumni in over 40 countries.
Visit ESMT Berlin

The Master in Management (MIM) program combines internships and a social impact project with applied coursework and research on the latest business and international management theories.

Inspired by the colorful communities of Berlin, ESMT’s MIM will take you on an intense, two-year personal development journey as part of a diverse cohort of 30+ nationalities. During the first seven months, our worldclass faculty will acquaint you with the most important concepts of business in a dynamic, digital world. You then embark on a three to six month internship, applying your new skills and giving you in-depth practical experience to complement your CV. In year two you will follow a track – Innovative Management or Quantitative Business – including courses such as Matchmakers in the digital economy and Machine learning and causality. You will close out your journey at ESMT by choosing electives from a range of topics such as finance, analytics, international strategy and entrepreneurship and participating in the Social Impact Project, a monthlong group consulting mission for a social cause of your choice. Parallel to the MIM program, you can choose to participate in the Portfolio Management Program where you will manage a real multi-million Euro investment portfolio or pursue an exchange at a top-ranked international partner school. 

All students learn an additional foreign language: German for international students and a global language for students who speak German (such as Spanish, Chinese or Russian).

Students interested in investing can choose to participate in the Portfolio Management program, lead by an international financial management firm. First year studets are analysts and second year students are investors, with both groups actively managing a total portfolio of three million Euros.

While working on their Master’s thesis, students have the opportunity of a second internship or may opt for working on a thesis topic in close coordination with a professor’s own research agenda.

ESMT Berlin is a private German business school founded by 25 multinational corporations. ESMT offers three degree programs: Master in Management, Full-time MBA, Part-time Blended MBA in Innovation and an Executive MBA (EMBA) as well as executive education. All ESMT programs benefit from close relationships with ESMT's corporate network and founders and its global network of alumni in over 40 countries.

As the most international business school in Germany, over 80% of ESMT's faculty members have a non-German background. ESMT is a state-accredited school, whose programs are also accredited by AACSB, AMBA, EQUIS and FIBAA. All degree programs are taught in English.

Learn more

 
 

Programme Info

Type of Programme: Two year full-time Master's program
Language: English

Application deadlines: ESMT works on a rolling application basis and applications are reviewed upon completion during the application cycle. Notable deadlines, as a guide: March 31, (Early-bird with €2.000 tuition reduction), June 1 (non-EU applicants) or August 15 (Final deadline).
Starting date: September each year

Student Body

2021 class: 119 participants

Nationalities Represented:

34 (8% Americas, 8% Africa/Middle East, 33% Asia/Oceania, 51% Europe)


Average Age
23
Degree background:
Business/Management: 43%
Engineering: 23%
Economics: 10%
Other: 8%
Humanities: 6%
Accounting/Finance: 4%
Social/Political Science:4%
Natural Science:3%

 

Admission

To apply, Master in Management candidates need to have:

  • A previous degree (at least Bachelor's equivalent). Applications will also be accepted from final-year undergraduate students awaiting completion of their degree.
     
  • In order to enroll in the Quantitative Business track:
    • Proof of strong quantitative abilities, whether with a degree in an analytical field (science, technology, engineering, or mathematics), quantitative economics, finance, or a similar subject
    • OR a degree in any discipline with a strong GMAT score (top 20% globally in the quantitative section). A GMAT or GRE is highly recommended for all applicants to this track.
    • The average GMAT score is 640. ESMT’s GMAT code is H4D-SJ-86 or simply search for the school name. We also accept GRE scores, and our Designated Institution (DI) code is 7768.
       
  • In order to enroll in the Innovative Management track:
    • A degree in any discipline with excellent grades
    • GMAT or GRE is optional but may be requested in certain cases by the Admissions Team
       
  • Ideally no more than 18 months of postgraduate work experience (excl. internships)
     
  • TOEFL scores (95 minimum), PTE score (64 minimum), IELTS  score (7 minimum) or other English proficiency test. ESMT Berlin accepts MyBest™ scores for the TOEFL iBT® test, in addition to TOEFL iBT scores from a single test date. The ESMT TOEFL institution code is 8707. If English is your native language or you earned a university degree exclusively taught in English you do not need to take an English proficiency test.
     
  • Completed application - including essays, one reference and €50 application fee
     
  • Individual interview over Skype

 

ESMT designed the Master in Management admissions process to find the most talented individuals who will benefit from the program's international and interdisciplinary nature. When evaluating applications, ESMT is looking for the following qualities:

  • International outlook, intercultural competency, and a responsible approach to business
  • Potential for high-performance career growth in a global environment
  • Willingness to learn from others, collegial behavior in high-stress situations
  • Excellent analytical problem solving abilities

The application form will ask you to fill-in the following information:

  • Basic personal data
  • Your academic and professional background
  • Short essay questions

Additionally, you will be asked to submit the following documents with your application:

  • Your CV
  • Transcripts to all higher education institutions attended
  • One recommendation (form provided by ESMT)
  • GRE/GMAT and TOEFL scores, if needed

ESMT cannot begin assessing your application until all of the above documents are received.

Procedure: Online application and interview on campus or online

Costs

Full programme tuition: €29.500
Partial scholarships for outstanding candidates are available. 

Other financing sources: savings or educational loans. ESMT applicants from Germany are eligible to apply for a loan at “Deutsche Bank”, “Deutsche Bildung” or “Bildungsfond”. International students can find options for loans and scholarships at the DAAD Website. ESMT is a member of the Prodigy Finance Loan program. ESMT Master's in Management (MIM) candidates from over 150 countries can aquire loans for MIM tuition. Candidates from the EU, USA and Canada can also apply for an innovative financing scheme with Brain Capital.

Geng GENG (耿耿)
Nationality: Chinese
Study background before ESMT: Financial Management
Job position after graduation: Graduate Program at Allianz in Munich, Germany

What did you like about ESMT?
The best part of my experience in Berlin was the ESMT team. They were always available and helped us students out in case of any confusions or challenges, which I sincerely appreciated.

What did you learn?
The investment industry is looking for determined, adaptive and professional talent, and the ESMT Berlin MIM helped me to develop these required qualifications. The courses focus on how to learn quickly and independently and include soft skills workshops, which taught me how to interact more professionally

How did ESMT help you transition into your career?
The Career Services team at ESMT provided me with the support and methodologies to set my career goals and to specify my interests. These features helped me to successfully stand out among 250 applicants for the position to which I applied: So here I am now, working in the graduate program at Allianz Investment Management!"


Kateryna Malysheva
Nationality: Ukrainian
Study background before ESMT: Economics
Job position after graduation: Energy Consultant at PwC in Munich

What did you like about ESMT?
"I enjoyed working in intercultural teams throughout the program. I am also convinced that the workload and time pressure, which we underwent during the modules, perfectly prepared us for the real working life

How did the MIM help you transition into your career?
Every bit of the MIM program contributed to my successful career transition. I think "conventional" universities do not put enough emphasis on the training of the soft skills, and this is something that ESMT is really good at. I acquired field expertise during my internship at Apricum, a boutique consultancy for the renewables based in Berlin. I perfected my analytical skills during the Value Chain Analytics specialization, and I applied all the knowledge learned during the social impact project with Deloitte. The MIM program equipped me with all the necessary skills and experiences to qualify for the position of a Business Consultant in the energy industry at Pricewaterhouse Coopers.”


Nelly Ogonda
Nationality: Kenyan (Kofi Annan Fellow)
Study background before ESMT: Mathematics
Job position after graduation: Graduate Rotational Program at RBC Luxembourg (Royal Bank of Canada Investor and Treasury Services)

What did you like about ESMT?
ESMT Berlin is an amazing, fun and vibrant place to study. The learning experience during the MIM program was very practical. The school strives to link theory gained in class to real life business problems through class simulations and internships.

What did you learn?
The courses focus on developing strong business fundamentals and training students to be better managers. The aim is to achieve sustainability and competitiveness in companies by considering social, environmental and economic matters in a holistic approach to handle constantly changing technologies and the challenging business world

How did the MIM help you transition into your career?
The well-rounded program enriched my knowledge and skills, helped me excel during my internship at Commerzbank AG in Frankfurt and at the RBC assessment center in Luxembourg where I am about to start a Graduate Rotational Program in September. The learning experience at ESMT has expanded my horizons and motivated me to strive beyond my self-imposed limitations. I have discovered my strengths and potential in areas that I had not been aware of. It was a worthy choice to study the MIM program at ESMT Berlin.”

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