ESMT Berlin
The European School of Management and Technology (ESMT) is located in the center of Berlin, Germany. ESMT offers a full-time, 15-month MBA program as well as a Part-Time Blended MBA, Global Online MBA, and part-time modular Executive MBA. The full-time MBA is customizable with specializations in innovation and entrepreneurship, and managerial analytics. It offers optional projects such as the Social Impact Challenge, internship, German language courses and international exchanges. ESMT believes that half of an MBA experience is new learning in the classroom, and half is integrative, personal development. Throughout the program, students work in diverse teams, discover their drives and limits, and question conventional thinking.
FAQ
What is the tuition for ESMT’s MBA program?
The tuition for ESMT’s MBA program is €49,500 per year.
How hard is it to get into ESMT’s MBA program?
The acceptance rate for ESMT is around 30%. It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example the average GMAT score is 640.
What is the average GMAT score for admission to ESMT’s MBA program?
The average GMAT score for the incoming class at ESMT is 640.
Does the ESMT MBA program accept the GRE?
Yes. The ESMT MBA program has accepted the GRE for a few years now.
What is the average GRE score for admission to ESMT’s MBA program?
The average GRE scores for the ESMT MBA class are 160 Verbal and 160 Quant.
What is the minimum number of years of work experience required for admission to ESMT’s MBA program?
ESMT requires a minimum of 3 years of postgraduate, professional experience.
What is the average number of years of work experience for admission to ESMT’s MBA program? (or, What is the average age of a ESMT student?)
The average number of years of work experience among students in ESMT’s MBA program is 6. The average age of an ESMT MBA student is 30.
What is the average starting salary for graduates of the ESMT MBA program?
The average starting salary for ESMT MBA graduates is 83,902 Euros. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.
How long is ESMT’s full-time MBA program?
ESMT offers a 15-month full-time MBA program.
What are the application deadlines for ESMT’s MBA program?
For 2024, the Round 1 deadline is February 21. The Round 2 deadline is April 10. The Round 3 deadline is May 29. The Round 4 deadline is July 17. The Round 5 deadline is September 11. The Round 6 deadline is November 6.
What percent of ESMT MBA students are women?
The percentage of the class at ESMT that are women is 52%.
What type of interview does ESMT use for MBA admissions?
ESMT invites applicants to a personal interview, either at ESMT’s Berlin campus or online. The interview lasts about an hour, and assesses various aspects of the applicant’s interpersonal competency as well as career goals and aspirations.
Admissions
The Class Profile
The ESMT MBA Class of 2023-24 is comprised of 37 students. During their undergraduate years, 29% had studied international relations. Nineteen percent majored in business and 14% in engineering. Eight percent hold degrees in management.
The class averaged six years of work experience and had an average age of 3o. Ninety-two percent are international and 54% are women.
Application Procedures
ESMT has six rounds of admissions deadlines. For consideration for an early application scholarship, applicants must submit their materials within the first three rounds. Prospective students must have three years of postgraduate, professional work experience, as well as an undergraduate degree or equivalent qualification. The application requirements for ESMT include completing the school’s application forms and submitting essays, a CV, two letters of recommendation, and unofficial college and graduate transcripts. Applicants must also report their GMAT/GRE and, when applicable, TOEFL/IELTS scores. TOEFL scores (95 minimum), PTE score (64 minimum), IELTS score (7 minimum) or other English proficiency tests are accepted. 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.
Interviews are required for admission, and ESMT holds interviews by invitation only. ESMT invites applicants to a personal interview, either at ESMT’s Berlin campus or online. The interview lasts about an hour, and assesses various aspects of the applicant’s interpersonal competency as well as career goals and aspirations.
Application Checklist
- Online application
- Essay questions
- CV
- Two recommendations
- Test scores (GMAT/GRE/ESMT admissions test, TOEFL/PTE/IELTS if applicable)
- Copies of university transcripts
- €50 application fee
ESMT Berlin Q&A's
ESMT Berlin LiveWire and DecisionWire
Academics
Faculty
ESMT employs 10 adjunct and 29 full time faculty. Their research appears in international academic journals, and contributes to managerial publications and case studies.
Curriculum
Full-time MBA students enroll at ESMT in January and complete their degree by March of the next year. The curriculum structure and cadence are designed to focus on the intersection of theory and practice. The curriculum is broken down into five Modules, each building on the previous one. The teaching style comprises a variety of different learning techniques, breaking down to roughly 65% case or group work and 35% lectures. The experiential learning approach gives students hands on experience in a small diverse class. Working groups are comprised of students from 4-6 different countries.
From January to May, MBA students complete the core curriculum, focused on managing organizations, assessing economic impact, making decisions and more. The second half of the program includes track and elective courses, and the final (consulting) project. Track and elective courses focus on innovation, technology, managing big data, sustainable business development, entrepreneurship, and global strategic management.
From June to August, ESMT MBA students choose one of the three summer options to support personal and professional development. One option is the Social Impact Challenge, in which students team up to solve a corporate or social challenge while also developing skills in reverse entrepreneurship. The other options include a summer internship or further development of one’s German language skills through a 6-week intensive language course.
The core tracks of the program are Managerial Analytics and Innovation & Entrepreneurship. The courses in this module, which runs from September, stress the areas where future leaders must excel, and where they must have specific awareness. Candidates choose one track to complete:
Managerial Analytics
Customer analytics
Advanced decision modeling
Machine learning
Innovation & Entrepreneurship
Entrepreneurial finance & valuation
Human factor of innovation
Creating and capturing value
In Module 4 ESMT MBAs can choose from a broad range of electives focused on topics that include digital transformation, sustainability, entrepreneurship, leadership, personal mastery, and more. Candidates may also elect to join a 1-week exchange at fellow Global Network for Advanced Management partner schools, such as Yale, IE, EGADE, HEC Paris, Fudan and many more. Students may also opt for a full term exchange.
Finally, from January to March, MBA students participate in a consulting project, applying their strategic learning to team-based fieldwork. Projects are selected from ESMT’s corporate partners and contacts.
Other MBA Degree Options
The ESMT Berlin Part-time Blended MBA in Business Innovation allows students to continue working full-time while earning their MBA. 75% percent of the program takes place online, with the remaining 25% is conducted in-person over 14 weekends in Berlin. The face-to-face modules start Thursday afternoon, with full days of courses on Friday and Saturday.
ESMT Berlin also offers a Global Online MBA, which also allows students to continue to work full-time. The degree itself is designed for modern decision-making and leadership. The Online MBA has two start dates – May or September. The program is flexible, lasting two to five years depending on candidates’ needs and pace. Ninety-percent of the MBA curriculum is self-paced online and 10 percent is conducted live. The curriculum centers on technology and innovation with courses that cover topics like how to apply quantitative techniques to decision making, how to address organizational issues that can prevent effective decision making, and how to evaluate the implications of managerial decision making.
The ESMT Executive MBA curriculum integrates academic training with Leadership in Practice workshops, peer-to-peer and individual coaching, applied and evidence-based learning. The ESMT EMBA begins in October each year and runs for 18 months. It consists of 10 modules, each comprising a week. Six modules take place on ESMT’s Berlin campus, but EMBA candidates also partake in studies at other international locations. Between modules students study independently, including pre-and post-module reading, assignments, case studies, group work, and the final report.
Degree Options at ESMT
Full-Time MBA
https://esmt.berlin/degrees/mba-programs/full-time-mba
Part-Time Blended MBA in Business Innovation
https://esmt.berlin/degrees/mba-programs/part-time-mba
Executive MBA
https://esmt.berlin/degrees/mba-programs/executive-mba
Campus Life
Clubs & Conferences
ESMT students have a variety of opportunities to get involved with the school community. They have a choice of student-founded clubs to join, such as: Entrepreneurship Club, Investment & Fintech Club, Marketing Club, Women in Leadership Club, etc. Students from all degree programs are welcome to join and take part in these initiatives.
The DigitalFuture Summit is an annual event run by ESMT students that connects student talent with the future of digitalization. It provides a space for exchanging ideas and information with panel discussions, keynotes and hands-on workshops.
Campus Spaces
The campus of ESMT Berlin sits in the historic Staatsratsgebäude, the former East German State Council in the heart of Berlin. Located on Museum Island, and a 10-minute walk from Alexanderplatz, ESMT officially opened in 2006 after modernization and restoration. The campus is also the location of renowned events and conferences, such as ESMT Annual Forum and ESMT Open Lectures.
Each full-time MBA student has access to an assigned study room and lecture rooms for the duration of their studies. Students also have access to Space Shack, an entrepreneurial hub and co-working space also open to some of Berlins best start-ups.
All MBA students live off campus in a variety of private accommodations. ESMT has partnerships with a number of housing suppliers. Apartments and expenses in Berlin are relatively low – it is still one of the most affordable European capital cities.
MBA Careers
Career Services
ESMT’s Career Development Center plays an active role in supporting, advising, and guiding students as they consider their futures after their MBA. A series of career development workshops and personal coaching are integrated into the full-time MBA course schedule, along with on-campus recruiting events and company visits in Berlin and in Munich.
Throughout the MBA program, students work individually with coaches, mentors, and advisors who give professional feedback and advice on career goals and opportunities. The annual career fair at ESMT campus boasts around 40 participating companies and takes place in February each year. This career fair is open for all ESMT students and alumni. The interview day takes place in the fall and is exclusively designed for MBA students. Participating companies conduct first round job interviews, or orientating career conversations with MBA candidates in a private setting.
During the year, ESMT MBA students have opportunities to interact with companies from a wide number of industries. Many corporate guests participate in class to discuss leading cases with professors, as well as dedicated information sessions about their companies. The Career Development Center also organizes two career trips throughout Germany during the year. Students are able to visit company offices and ask questions about the industry or specific company culture. Recent company visits include: Allianz, Amazon, BMW, DeliveryHero, Earlybird, Google, HelloFresh, HERE, McKinsey, Microsoft, SAP, Signavio, Wayfair, Zalando, and many more.
Career Statistics
Graduates of ESMT Berlin automatically qualify for an 18-month work visa in Germany for which no employer support is needed.
Within 3 months of graduation, 85% of the Class of 2022 had received job offers. The average starting salary was €83,902 and €110,299 when including signing bonuses. Twenty-six percent joined the tech industry. Consulting took in 20% of 2022 graduates. E-commerce saw 18% of graduates. The rest of the class spread out across such industries as automotive, fintech, sports, media and others.
ESMT keeps with the general business school trend of placing a considerable percentage of its graduates in the region where the school is located. In this case, 72% of the Class of 2022 found work in Germany. Fifteen percent settled in other parts of Europe and 10% headed to the Americas.
Financing
ESMT’s tuition and fees total €49,500. These fees include the cost of books and cases. They do not include travel to and from the Global Network exchanges. In addition to tuition, students should budget enough money for relocation and living expenses. The school recommends that students budget €1,000 to €1,500 a month for living expenses.
Most students cover the costs of their studies with a mix of scholarships, loans and personal savings. A separate scholarship essay is required in the application form to apply for a full or partial scholarship. Scholarships are allocated based on the candidate’s academic excellence, personal and professional achievement, leadership potential and superior interpersonal skills. Besides scholarships, admitted students may be eligible to borrow the program’s full tuition costs through Prodigy Finance or Brain Capital.
Recent News
Contact
Address of main campus:
Schloßpl. 1, 10178 Berlin
Phone: 030 212310
Email: [email protected]
Website: www.esmt.berlin
Blog: https://blog.esmt.berlin/voices/
LinkedIn: https://www.linkedin.com/school/esmt
YouTube: https://www.youtube.com/esmtberlin