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CSR & NGO Management (MBA)

Tuition Fees and Funding

Tuition Fees
The tuition fee for the program is 14.640€. The total amount is payable in three installments of 4.880 € each, over three semesters. In addition to the tuition fee, students have to pay a semester contribution, which includes the semester ticket for public transport and a social service contribution for the Students' Union (Studentenwerk) of around 300 €. The semester contribution is mandatory for each enrolled student in a German University. The tuition fee and semester contribution are charged each semester and do not include any travel or living expenses.

Payment Plan

MBA Doktorhut und Studiengebühren
  • 1st payment (4.880 € + semester contribution)
    the full amount has to be paid at least 7 work days before enrolment.
  • 2nd payment (4.880 € + semester contribution)
    is usually due in January before the 2nd semester.
  • 3rd payment (4.880 € + semester contribution)
    is usually due in June before the 3rd semester

Students who require more than three semesters to finish the MBA program must continue paying the semester contribution each additional semester to maintain their student status.

In total, students have to expect fees of roughly € 15.540 (3 * € 4.880 tuition fee + 3 * € 300 semester contribution) for a 3-semester program.

Information for taxpayers in Germany

The tuition fees for the MBA Program are tax deductible as anticipated professional expenses in certain cases, so you can get back up to 42 percent of your tuition fees. Under certain circumstances, the tuition fees of the first or second-degree program as well as the financial burdens associated with the study (e.g. travel expenses, costs for literature, and similar) can be used to reduce the income tax burden.

For detailed information please contact your legal tax advisor.
This information also applies to international MBA graduates working in Germany after graduation.

Calendar of payment

Kalender Schmuckbild

If you wish to continue your studies after the end of the current semester, you must re-register within the valid re-registration deadlines by paying the tuition fee plus the semester contribution. The annual deadlines are as follows:

  • in winter semester:
    15.12. – 15.01. (for the next summer semester)
  • in summer semester:
    15.06. – 15.07. (for the next winter semester)

Living costs

Compared to some other European countries, Germany is not very expensive. The prices for food, housing, clothing, and cultural activities are slightly higher than the EU average. Living costs in Bonn are comparable to many mid-sized cities in Germany but compared to many metropolitan areas, the overall prices are still well affordable. All in all, you should calculate the average monthly living expenses to be about  800-1000 euros. Of course, this depends on your individual rent costs, your lifestyle, and how frugal you are.

Travel costs for the state of North Rhine-Westphalia of approximately 160 euros per semester are already included in the semester contribution fee. The largest of the overall expenses is rent. You find the monthly rental prices for student dorms in Bonn online via the website of the Student Union Bonn: 

MBA Living costs teaser picture

Please note that costs for a living are neither included in the tuition fees nor in the semester contribution fee. Below, you find a rough calculation of the average monthly expenses for students living and studying in the Bonn-Rhein-Sieg area: 

  • Rent and utilities: 400 euros
  • Food: 220 euros
  • Clothing: 70 euros
  • Office materials: 40 euros
  • Health insurance/medicine: 135 euros
    (approx. 220 euros for students beyond the age of 30)
  • Communication and entertainment: 25 euros
  • Leisure, culture, sports: 60 euros

Funding options

We are aware of the fact that choosing to pursue an MBA is one of the most important decisions you will make and is a substantial investment into your future. There are multiple funding options for MBA students to get their study expenses covered. Many of our students fund their studies through multiple funding sources, combining personal resources with education loans and scholarships. You can find more general information about the different funding options for international students via the website "Study in Germany".

MBA Funding options working student

There are multiple funding sources students can use to cover their study fees. The best way is to combine personal savings with partial or full-tuition scholarships (if applicable), corporate sponsorship, and loans. Applicants should always first research the funding options available in their home country before exploring those offered by scholarship institutions. The following are the forms of funding for our students in the MBA Program:

  • via income from a full-time, part-time or a student job
  • via loans from banks, finance companies and/or governments
  • via whole or part sponsorship by their employers
  • via accumulated private savings and/or financial family support 
  • via competitive, merit-based or needs-based grants, scholarships or fellowships

 

Applying for a job as an international student in Germany

There are many ways for international students in Germany to earn money while they study, for example as wait staff, academic assistants or private tutors. But there are some restrictions international students have to consider when applying for a job in Germany. Please find more information on the DAAD Website.

Information on scholarships

Please note that our university does not offer scholarships, but you can research various organizations, institutes, and official foundations that offer scholarship grants for students, depending on their respective nationality/country of origin. Deadlines and further information are listed on the respective websites. Please find more information on the DAAD Scholarship Database.