WHU Otto Beisheim School of Management is a business school with campuses in Vallender and Dusseldorf, Germany. It is a private business school that is established in 1984. The school offers several undergraduate, postgraduate, & doctoral programs. The school has also been accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the EFMD Quality Improvement System (EQUIS). WHU Otto Beisheim School is one of the four German business schools to hold both this accreditation. The WHU Otto Beisheim MBA Program has been ranked #1 in Germany & #15 in Europe by the Financial Times in its Global MBA Ranking 2020.
The school also boasts of a great alumni network. In the list of business schools with most unicorn founders, WHU is placed 4th globally tied with INSEAD and behind Harvard, Stanford, & Wharton. Some of the renowned alumni of the school include Thomas Buberl (CEO, AXA Group), Oliver Samwer (CEO, Rocket Internet), Armin Grossklaus (CFO, ATC Group), Julian Deutz (CFO, Axel Springer), Birgit Bohle (CEO, DB Fernverkehr), & Thorsten Reitmeyer (Former CEO, Comdirect Bank). For the MBA class of 2020, 81 students enrolled for the WHU Otto Beisheim MBA Program. Out of this, 48% are female candidates, while a whopping 78% are international students from more than 20 countries. In this article, we shall cover everything about the WHU Otto Beisheim MBA Program.
Curriculum:
The first five months of the WHU Otto Beisheim MBA Program comprise mandatory core modules that provide a solid foundation in basic management concepts and core organizational functions. Some of the core subjects include Managerial Finance, Financial Accounting, Marketing, Corporate Finance, Operations Management, Management Accounting, etc.
In addition to the core modules, you will also study elective modules. These advanced courses will provide you deeper insights on strategy and organization, marketing and sales, entrepreneurship and innovation, and advanced finance and build on the knowledge obtained in the core modules.
The WHU Otto Beisheim MBA Program also includes three study-abroad weeks, two in Asia and one in the US. The Asia module takes place in India & China and focuses on chances, challenges, & risks of doing business in emerging markets.
The school’s academic partner in India is IIM Bangalore. And in China, it is Fudan University, CEIBS Shanghai, & Guanghua School of Management.
Moreover, a variety of engaging management practice workshops supplements the program’s thorough academic curriculum. The workshops focus on current key business practices and are taught by experts and coaches in the respective areas.
Eligibility:
Academic Requirement:
The school requires a first-class bachelor’s degree in any discipline or its international equivalent. There is no minimum graduate GPA required to apply for the WHU Otto Beisheim MBA Program.
Professional Requirement:
Candidates applying for the WHU Otto Beisheim MBA Program must have a minimum of two years of postgraduate work experience. The average work experience of the current class is 5 years.
Standardized Tests:
The school accepts both the GMAT & GRE test scores. There is no preference mentioned by the school. A minimum score of 600 is recommended for GMAT or an equivalent GRE score.
Additionally, if English is not your native language, you must also submit an English proficiency test like TOEFL or IELTS. The minimum score requirement for TOEFL & IELTS is 100 and 7.0, respectively.
Course Fee:
The total tuition fee for the WHU Otto Beisheim MBA Program is €39,000. It includes all tuition fees, books and materials, personal development seminar fees, accommodation during the international modules, & other preparation courses.
Other than this, the average estimated living expenses for one month come at €750-800.
However, it varies according to the student’s choice of lifestyle.
Scholarships:
The school offers several merit-based scholarships to incoming students in the WHU Otto Beisheim MBA Program. The scholarship decisions are generally announced at the time of admission. However, in certain cases, it is notified later.
Some of the popular scholarship options provided by the school are as follows:
The Germany Scholarships:
The Germany Scholarship is a joint initiative of the federal government and private sponsors to award scholarships to committed & talented students. WHU supports a large number of students with Germany scholarships every year.
WHU Leadership Scholarship:
It is awarded to students with exceptional & demonstrated leadership skills. Candidates willing to apply for this scholarship must fill a separate form. You will also be required to submit a short response of 2-3 questions that are asked in the form.
The school also offers several other scholarships including, WHU Diversity Scholarship, WHU Globalization Scholarship, WHU Entrepreneurship Scholarship, WHU Women in Business Scholarships, etc.
Other than these scholarships, you can also fund your WHU Otto Beisheim MBA Program with private student loans. The school recommends Prodigy Finance & some other local banks to students.
Employment Statistics:
For the class of 2017, the median salary received by the students was €66,000. Reportedly, 66% of the students changed function, 64% changed sector, 60% changed location, & 31% changed all of the three.
80% of the class chose to work within Germany only, while the rest 20% were placed within Europe & America.
The top three industries where the majority of the students accepted the offer were
Manufacturing 33%
Consulting 19%
Tech/Start-up 15%
The top three functions preferred by the students were
General Management 24%
Consulting 20%
Marketing & Sales 16%
Some of the top employers were as follows:
Amazon
Henkel
Ernst & Young
Bayer
Accenture
Alix Partner
BCG
Metro HoReCa
Mm1 Consulting & Management
PwC
Check here for more details,
Application Process:
Online Application checklist:
-Official degrees & transcripts
-One Letter of recommendation
-Curriculum Vitae
-GMAT/GRE score
-English Language Test Score
-Application Fee
Interview:
After your application is shortlisted by the admissions committee, you will receive an invitation to interview. The interview is generally conducted by the WHU faculty, staff, or alumni.
If you’re based out of Germany, there are higher chances of your interview being conducted via Skype or telephone.
During the interview, you can expect general MBA interview questions, qualitative questions, & behavioral questions. The interviewer basically wants to know about the impact of your actions.
Essay Details & Tips:
To complete your application for the WHU Otto Beisheim MBA Program, you will have to submit the response of the essay questions. The school asks different essay questions every year. For the academic session 2019-20, the school asked the following essays from the applicants:
Essay 1: What are your reasons, both professional and personal, for applying for an MBA program? What are some skills or key competencies you would like to develop when studying at WHU? (300 words)
Essay 2: What are your plans for the first 3-5 years after graduation? What are your long-term career aspirations? How do you think the WHU MBA will help you to achieve your goals? (320 words)
Essay 3: Why do you want to study at WHU? (200 words)
Essay 4: What sets you apart from other applicants? Why are you a perfect fit for the WHU MBA? (190 words)
As you can see, the questions very much revolve around the applicant. The admissions committee wants to know more about you, your goals, short term & long term plans, and how will you contribute to the WHU community. So make sure that your essay reflects all these points. Be very clear & concise throughout the composition. Always remember that these essays play a very important role in your evaluation process.
Check here for essay tips – Application essays, Structured Thinking, Visualization, Story Telling
WHU Otto Beisheim MBA Program has been ranked #1 in Germany and accredited by EQUIS, AACSB, & FIBAA. It is one of the most prestigious & prominent business schools not only in Europe but also worldwide. Opting to study an MBA from this institution will be a life-changing decision for you.
Subscribe to our Youtube channel here for a variety of videos on Study Abroad, Interviews & Career Guidance.
In case you need any assistance in the application process for the MBA programs across the globe, feel free to connect with our experts. Book your free consultation now!
