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FAQ - Master in Management

  • Why join the Master in Management (MIM) at ESMT Berlin?

    The ESMT Master in Management (MIM) is a ‘pre-experience’ full-time program. Targeted at young, recent graduates in their early twenties with limited or with no work experience. Combining a series of internships and a social impact project with applied coursework and research on the latest business and management theories.

    Most ESMT MIM students share a desire to launch an international career while applying analytical and strategic solutions to today's business challenges. ESMT searches for students with international experience who can perform work in high-performing, diverse teams. Our MIM program is by far the most international in Germany - no one nationality makes up more than 20% of the class.

  • Am I a "good fit” for the MIM?

    ESMT's MIM is a personalized degree for high-potential candidates with little or no previous work experience.

    When evaluating applications, we look for the following qualities in our candidates:

    • 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

    • Excellent analytical and problem-solving abilities

    • Collegial behavior in high stress situations

    • Academic excellence

  • What are the MIM application requirements?

    The requirements for applying to ESMT’s MIM program are:

    • A Bachelor´s degree

    • Proof of English proficiency (e.g. TOEFL, IELTS) or graduating from a university program taught in English

    • Completed application, including essays and one recommendation

    • Having less than 18 months of post-graduate professional experience (not including internship or work experience prior to bachelor program graduation)

    Depending on the track (Quantitative Business or Innovative Management Track) additional information may be required. More information on the specific track and program requirements on our webpage.

  • Can I apply before receiving my bachelor's degree?

    Yes, applications are encouraged from final-year undergraduate students awaiting completion of their degree.

    However, a grade overview or transcripts must be included with the application.

  • What are the MIM GMAT and GRE requirements?

    Depending on your choice of MIM track, a GMAT or GRE score may be required.

    • If you apply to the Innovative Management track, GRE or GMAT scores are optional. You must present, however, excellent grades during your bachelor's program.

    • If you apply to the Quantitative Business track, a GMAT or GRE is highly recommended.

    We do not have a specific minimum score for GMAT/GRE scores. However, the average scores for admitted candidates are: GMAT (640) or GRE (equivalent scores of approx. 160/160).

    The Admissions Committee may decide to request GMAT or GRE scores for any candidate following a complete review of their application.

  • Is there a minimum GPA required for admission to the MIM?

    There is no minimum GPA requirement for the MIM. Candidates with excellent grades, especially in quantitative areas, may have a competitive advantage. Strong GMAT or GRE scores may help or be required in some cases to boost weak academic performance.

  • Is work experience required to apply for the MIM?

    No work experience is required to apply to the program. You should have no more than 18 months of post-graduate (following your BA degree) work experience at the time of application. (The average work experience in the current MIM class is 4 months).

    Part-time work undertaken before graduation does not count towards the 18-month total.

    Similarly, if your post-graduate work experience is not “career-relevant” you can request that this not be considered as part of the 18-month limit.

  • How many and what kind of references should be included in the application?

    You must include one recommendation letter to complete your MIM application. You can choose either an academic or professional referees (from previous internships).

    The ideal letter of recommendation is from a referee who can evaluate your performance either in an academic or professional setting and will take the time to write a thorough and supportive letter, detailing specific examples rather than general statements.

    You can send the recommendation template to your referee from within the application platform. If you have a previously written recommendation letter, you can upload it to the application platform. Should you not be able to upload it as part of your online MIM application, you can send it to the Office of Admissions via email.

  • How should I answer the essay questions?

    The essays are an opportunity to let the admissions team get to know you a bit better. Please answer the questions as truthfully and directly as you can in whatever style you see fit. We highly recommend using a spellchecker to avoid easy mistakes, but apart from that, there are no further guidelines.

    Common mistakes that can be easily avoided: not using a spellchecker for your essays, using a different school’s name in your essays, not answering the question.

  • How can I prove English proficiency or waive the test requirement?

    English is the working and instructional language at ESMT. Should you need to submit proof of English proficiency with your MIM application, we accept TOEFL (95 minimum), PTE (64 minimum), IELTS (7 minimum) or other English proficiency tests. If you have taken the TOEFL more than once, we consider your MyBest™ scores on the TOEFL iBT® test, as well as yourTOEFL iBT scores from a single test date. The ESMT TOEFL institution code is 8707.

    You can request a waiver of the English proficiency test requirement if English is your native language or you have earned a university degree from a program exclusively taught in English.

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  • What are the MIM tuition fees and payment schedule?

    Tuition for the full two-year MIM program is currently €29,500.

    MIM full tuition fees are paid in three installments over the two academic years, as follows:

    • To officially confirm your enrollment and reserve your place in the class, a first deposit of €4,000 should be paid no later than four weeks after receiving your acceptance offer. This deposit will be deducted from future tuition payments.

    • The remaining tuition fees are to be paid in two equal installments, at the beginning (September) and after the first year of the program.

    ESMT MIM tuition fees cover all courses and seminars, teaching materials, orientation, and career support.

    In addition to tuition, students should budget enough money for relocation and living expenses. We recommend that you budget around €1,200 per month for living expenses.

    Full tuition fee information can be found here.

  • What kind of scholarships are available for MIM applicants?

    Scholarships are offered to accepted students who show academic merit and leadership potential. To be considered for a scholarship, you should complete the scholarship essay included in the online application form, and indicate your suitability for a scholarship.

    The scholarships offered in ESMT cover partial tuition fees. Most of our students cover the costs of their studies with a mix of scholarships, loans and personal savings.

    Read all about your MIM scholarship options.

  • Are loans and other financing options available for MIM applicants?

    Besides scholarships, admitted students may be eligible to borrow the program’s full tuition costs through Prodigy Finance or Brain Capital.

    Prodigy Finance offers an innovative model of alumni-funded loans to international students at the world’s top business schools, including ESMT Berlin. Offering competitive rates to over 150 nationalities of students. Read all information about Prodigy Finance, their model and requirements here.

    Brain Capital, on the other hand, offers ESMT degree seeking students, who are citizens of the EU, Canada or USA, the ability to cover tuition fees through an innovative funding scheme. Find more information about Brain Capital, their model and requirements here.

  • Where do MIM graduates work?

     More information can be found in the recent alumni employment statistics report.

  • Can I work during the MIM?

    According to German regulations, students are able to work a maximum of 20 hours per week in order to maintain their student status. However, due to the program’s high academic load, students generally prefer to work a lower number of hours in order to prevent negatively affecting their studies.

  • Does ESMT offer on campus housing?

    ESMT does not offer on campus student housing. You are able to live anywhere in Berlin! Most students typically find housing within 25 minutes or less of campus. Through our student services platform, current students and alumni share relevant housing information with all incoming students.

  • What should I consider before moving to Berlin?

    • Visas

    As a general rule, all foreigners staying in Germany for more than 90 days wanting to work or study in Germany need a visa before entering the country.

    Depending on the country, issuing a student visa for studying in Germany can take up to 6 months. Though the process is often quicker, we advise all of admitted students to book an appointment with the embassy in their countries as early as possible.

    * EU nationals do not require a visa to enter Germany.
     

    • APS

    The APS Certificate is mandatory for Chinese students who are interested in studying in Germany. Before applying to a German university you have to hand in your academic certificates and documents to the APS office in Beijing. This procedure may require some time. We would recommend you to book an appointment as soon as possible.

    You can read all about the APS on their official website or by contacting the German embassy.

     

    • What is a residence permit?

    After moving to Germany, students are required to register as a resident at their new address with the local authorities and apply for a residence permit (“Aufenthaltserlaubnis”) at the immigration authority. This document is the permit that allows non-EU or non-EEA nationals to live and study in Berlin for the duration of the program.

    Upon receiving a valid residence permit in a Schengen member country, you may travel to another country within the Schengen zone, visa-free, using a valid passport for up to 90 days per six-month period.

     

    • Can my residence permit be extended after the MIM is finished?

    According to current German regulations, after finishing a graduate degree in Germany, you have the option of extending your residence permit for up to 18 months. During this time, you can search for suitable employment that complements your German university degree.

  • Can I contact current MIM students?

    Our MIM student ambassadors are here to help you understand what it means to study at ESMT Berlin and to be part of the MIM experience. Whether you want to learn more about classes, internships or simply what life as a student in Berlin is like – our ambassadors are here to answer any questions you may have.

    You may contact the ambassadors via email. Be sure to tell them a bit about yourself, and what you are interested in knowing more about.

  • Are there student clubs that I can get involved in whilst studying?

    There are many student clubs active on campus, covering a vast variety of topics such as agriculture, entrepreneurship, investment, women in leadership, and many more. Students from all degree programs are welcome to join and take part in initiatives.

    More information can be found on the Clubs and Organizations webpage here.

  • Where can I find more information regarding the COVID-19 impact on programs?

    The latest information regarding COVID-19 and its impact on programs and ESMT campus activities can be found here.

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MIM student insights

MIM student Raquel Gonzalez Rodriguez discusses her interest in the Global & Digital Strategy track, and shares highlights of her internship at RIMOWA.

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