How Is Germany To Study Economics?
With a strong economy and robust business landscape, Germany is a top choice for students interested in pursuing economics.
Renowned universities, high academic levels, low or no tuition fees, and affordable cost of living attract many international students to Germany.
BA in Economics and Business Administration is Germany’s most sought-after economics program, as the degree equips students with a broad subject knowledge base.
A BA in Economics and Business Administration covers economics, accounting, finance, marketing, business management, human resources, introduction to law, information systems, banking, math, organizational dynamics, international contract law, business law, business policies, financial accounting, investment and securities, research methods and dissertation.
The three-year bachelor’s program prepares students for careers in business, finance, government, and non-government organizations by equipping them with fundamental business principles. So, what are the reasons behind the attraction of many international students from all corners of the world?
Let’s explore this in this article.
Top reasons to study economics in Germany
The following are the most compelling reasons to study economics in Germany:
1. Many reputable universities
Germany is among those countries that are well-known for housing many renowned and top-ranked universities.
These highly-ranked universities are affordable for all students from different parts of the world. In addition, the cost of living appeals to many international students who dream of gaining international exposure without breaking the bank.
2. High quality of education
German universities are highly regarded for offering a high-quality education through cutting-edge, industry-focused curricula.
These tailor-made curricula focus on preparing students for the highly competitive job market by equipping them with job-ready skills. Additionally, German universities have outstanding research facilities to provide a hands-on learning experience to students.
3. The German job market is red hot for economists
We all are well aware of the robust economy of Germany. Therefore, it presents umpteen lucrative career opportunities for economics and business professionals.
Graduates with an economics major are in massive demand in Germany. The most famous German cities with high demand for economists include Berlin, Frankfurt, Munich, Hamburg, Hanover, Stuttgart, Dusseldorf, and Dresden.
4. Compensation higher than the average
When planning to study economics abroad, every international student wants to gain insights into the economics job market. Fortunately, Germany offers one of the highest salaries for economists in Europe.
According to the Glassdoor report, the average salary for an economist in Germany is EUR 59,633 annually. Consulting and financial services companies are the most high-paying entities for economists in Germany.
5. Work-life balance
The working schedule in Germany may differ from your home country. In Germany, employees are usually seen working between 36-40 hours weekly.
This implies that an employee generally works seven to eight hours daily to achieve the weekly target. German employers are strict regarding work-life balance. Furthermore, part-time jobs are also typical in Germany.
Now take the next step in your journey to becoming an economist in Germany. Apply for a bachelor’s in economics at a top-notch university in Germany’s Berlin.