Study Semester 1 online and Semester 2 on-campus at IU Germany
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upGrad team will help you with application to IU Germany, securing confirmed offer letter & support with German visa application.
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There are 3 simple steps in the Admission Process which is detailed below:
Apply on upGrad.com and submit your documents
Our admissions committee will review your profile. Upon qualifying, an offer letter will be sent to you confirming your admission.
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The Master of Business Administration is an engaging, yet rigorous 12-month online/offline program designed specifically for professionals to develop practical knowledge and skills related to business. The degree is awarded by IU Germany.
The content will be a mix of interactive lectures from industry leaders as well as world-renowned faculty. Additionally, the program comprises live lectures or hangout sessions dedicated to solving your academic queries and reinforcing learning. Once you reach Germany, you will be part of a class of 30 students and get face-to-face learning from Professors. Also, in the final semester of the course, you will be writing a Thesis and participate in Colloquium.
Post successful completion of the course, you will get a Master of Business Administration (60 ECTS) Degree from IU, Germany.
Note: *All bachelor's degrees are acceptable except General BA degree (without specialization
Candidates whose score is more than 3.50 German GPA in the UG degree are not eligible to apply.
The admissions process is completely online. Following are the key steps in the application process:
Step 1 - Application and Documents Submission - Apply on upgrad and submit your documents
Step 2 - Get Shortlisted and receive your offer letter - Our admissions committee will review your profile. Upon qualifying, an offer letter will be sent to you confirming your admission.
Step 3 - Block your seat and begin the prep course
Yes. You will be required to submit the following documents to upGrad prior to the program start date, a self-attested copy of your undergraduate transcripts and degree clearly mentioning your GPA/Grades, Curriculum vitae, Contract/Offer letter, Proof of English proficiency or MOI letter, graduation transcripts and identity proof.
Please note, you will only receive the final admissions offer upon submitting these documents.
Once you provide us with all the required documents, we will apply to IU Germany on your behalf and get you a contract and conditional or unconditional confirmation letter to join the course.
Germany has the lowest unemployment rate across Europe of 5%. As per German industry bodies, there are more than 1 Lakh vacancies for IT jobs in Germany. As the average age of Germany is 44.5, they are looking for skilled immigrants to take up jobs in Germany.
As a student, you can work 20 hours per week or 120 full days part-time during the year. Typical wage in Germany is around 10 Euros per hour.
To prove you have sufficient financial resources to support yourself in Germany, you have to deposit 11,208 Euros in a blocked German bank account before you apply for Visa. This amount can be withdrawn once you reach Germany to support your monthly expenses. Your actual expenses may vary depending on your lifestyle in Germany.
Germany allows for the application of up to 18 months of a post-study work visa after completing a degree from Germany.
Only the Indian bank Credit cards can be used. But you can pay the amount using the Credit card option in one shot/part payments and later you can convert into EMI from your respective bank. The tenures and interest charges will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions, this will be purely between you and your bank.
IU Germany was established in 1998 and is a university of applied sciences. They have 17 campuses in Germany with 40 examination centres. International students can opt for either the Berlin campus.
IU Germany prides itself on small class sizes. The typical class size at IU Germany is 30 students. IU also has a well-established career centre that helps students in getting jobs. 94% of IU graduates receive a job offers within 6 months of completion of the course.
We guarantee IU online students maximum flexibility, so you can choose your own starting date in your application. On that day, we will send you the access data you need to begin.
We have multiple intakes per year, you can apply at any time. However, our on-campus programs have fixed starting times. See the course pages for more.
The program will be delivered on a new technology platform to create a superior learning experience for participants. With this program, IU, Germany seeks to develop the next generation of leaders. The topics that are going to be covered
Leadership, Innovation and Entrepreneurship, International Marketing, Performance Measurement Corporate Finance, Managerial Economics, Strategic Management, Operations and Information Management and Business Ethics and Corporate Governance, Capstone Thesis & Defense.
Post successful completion of the program, a Master of Business Administration (60 ECTS) degree would be granted from IU, Germany.
Typical assessments for an online component will be quizzes and proctored exams. Students are expected to give quizzes after every chapter they have studied from course books and live lectures. Students are allowed unlimited attempts for quizzes. On completion of all the unit quizzes, students will have to attempt a proctored exam which can be scheduled as early as 2 hours from the time of booking. These proctored exams are a mix of multiple-choice questions, short answers and long answers. To successfully get credit for a course, students will have to score overall 50% marks in a proctored exam. Learners will get 2 more attempts for a proctored exam if they do not complete it successfully in the first attempt.
At least 12-15 hours per week of time commitment is expected to be able to graduate from the online program. The on-campus program in Germany is full-time and will have an appropriate workload.
Peer-to-peer discussion forum where you can post your queries and your peers/faculty/teaching assistants answer your queries within a day. Regular Q&A sessions with faculty to get clarification on conceptual doubts.
0% EMI with Finance partners /Credit card option availability will vary program wise.
1. Which banks allow using 0% Credit card EMI or Credit card EMI?
No cost EMI is available on credit cards from all major banks (American Express, Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Standard Chartered, Axis Bank, Yes Bank, State Bank of India, CITIBANK and HSBC)
2. Is there any minimum transaction limit ?
Yes. 50000 is the minimum.
3. Standard Chartered Bank offers 18 or 24 months No Cost EMI ?
No. ONLY 12 months is available irrespective of the Program enrolled.
4. Will I have to pay any extra amount for EMI transaction?
If you are availing 0% credit card EMI, upGrad will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI.
5. Are there any fees or down payment?
Certain banks charge nominal processing fees between INR 99 - 500 on 0% Credit Card EMI transaction. If charged, will be billed in the first repayment installment.
6. Can I use my International credit card for 0% credit EMI or Credit Card EMI?
Only the Indian bank credit cards can be used. But you can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions, this will be purely between you and your bank.
7. Are there any charges in case I opt for cancellation/refund from the course after paying balance with no cost EMI ?
Yes, there will be additional charges to the extent of interest paid by the upGrad to the bank, you will be refunded only Principal amount, i.e. the amount actually deducted/blocked from your card. This deduction will be in addition to the amount mentioned in the refund policy shared with your offer letter.
8. Can I Pay Using Multiple Credit Cards ?
Multiple cards can be used to complete the payments using Part payment option make sure to inform the learner, minimum transaction is INR 50000 to opt for 0% CC EMI E.g. Amount to be paid: 150000. I can pay using 2 Credit cards. Yes, Example :
HDFC Card – Part payment – INR 100000
ICICI Card – Part payment – INR 50000
9. How can I opt for Credit card EMI if my bank is not listed in the 0% Credit card EMI or Credit card EMI?
You can pay the amount using the Credit card option in one shot / part payments, and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.
10. Why is the entire amount blocked on my credit card?
Initially your bank will block the entire amount from your available purchase limit and from your next billing cycle, you will be charged the EMI amount. As you start paying your EMI, your credit limit will be released accordingly. For example, if you have made a payment of ₹100000 on 6-months EMI and your credit limit is ₹200,000 then initially your bank will block your credit limit by ₹100000. After payment of your first month EMI of Rs.15000, the blocked amount will come down to ₹85000.
11. Why is interest getting charged on No Cost EMI?
Your bank will charge you interest. However, this interest charge has been provided to you as an upfront discount at the time of your payment, effectively giving you the benefit of a No cost EMI. The total amount paid during the entire EMI tenure to the bank will be equal to the amount to be paid to upGrad.
Eg. Amount payable to upGrad: INR 405000
Let's say Amount deducted at the time of transaction: INR 379850 (Principal amount) Bank charges interest of 12-15% per annum on INR 379850
[Note: Interest factor is reducing rate and not Flat rate]
EMI AMOUNT = INR 33750 x 12 = INR 405000
Effectively, you have taken loan on 379,850 instead of 405,000
Deferral Policy: (Pre- Signing of IU contract)
Deferral Policy: (Post Signing of IU contract)