Bachelor of Science [B.S] (Management of Economics)
Field of Study:
₹3.3 L/Yr
Ulm University’s Bachelor of Science in Management of Economics is a 6-semester, full-time degree. The program combines economics, business management, and data science training. International students pay EUR 1,648 per semester (INR 1.81 Lakhs). Winter intake opens on 1 July. German language proficiency at B2+ level required for admission. The curriculum uniquely allows audit exams for the Certified Public Accountant qualification during the bachelor program.
This program trains graduates for roles in financial analysis, management consulting, and economics research. Ulm’s Management and Economics program ranked first in CHE’s 2023 subject ranking nationwide. The program is distinctive for combining auditing expertise with data science and artificial intelligence. Ideal applicants possess strong quantitative skills and interest in applied economics. You’ll develop skills in business analytics, policy analysis, and strategic management.
- Ranked #1 in Germany for this discipline by CHE 2023; recognized globally in business education.
- Unique opportunity to take auditor exams (Wirtschaftsprüfer) from the 4th semester during your bachelor degree.
- Expanded course options from Winter 2026/2027 allow specialized tracks in economics, data science, or auditing.
Current Admission Status
Applications for the Winter 2026/2027 intake are Open. International student deadline: 30 September 2026.
International applicants from India must verify German language certification deadlines with uni-assist. B2-level German exams like TestDaF or DSH typically require 3-6 months of intensive preparation before sitting the exam.
Also Check: Ulm University Admission Requirements
Ulm University Bachelor of Science Management of Economics Fees 2026
International non-EU students pay tuition plus administrative fees. The fee structure below covers one full academic year (two semesters).
| Fee Component | Per Semester (EUR) | Per Semester (INR) | Annual (EUR) | Annual (INR) |
|---|---|---|---|---|
| Tuition (International Non-EU) | 1,500 | 1,64,415 | 3,000 | 3,28,830 |
| Semester Fee (Administration & Student Services) | 148 | 16,222 | 296 | 32,444 |
| Total per Semester | 1,648 | 1,80,637 | 3,296 | 3,61,274 |
All INR conversions in the article use a conversion rate of EUR 1 = INR 109.61 as of June 2026. Rates fluctuate daily, verify before applying.
- Tuition: EUR 1,500 per semester charged to non-EU international students only.
- Semester fee covers student services, administration, and student body representation.
- Total program cost over 6 semesters: EUR 9,888 (INR 10.84 Lakhs).
- No additional application fees; registration and enrollment are free.
Cost of Living in Ulm for Management of Economics Students
| Expense Category | Monthly (EUR) | Monthly (INR) | Annual (EUR) | Annual (INR) |
|---|---|---|---|---|
| Accommodation (Student Housing) | 300-400 | 32,883-43,844 | 3,600-4,800 | 3,94,596-5,26,128 |
| Food & Groceries | 200-250 | 21,922-27,403 | 2,400-3,000 | 2,63,064-3,28,830 |
| Health Insurance | 110-125 | 12,057-13,701 | 1,320-1,500 | 1,44,683-1,64,415 |
| Transport & Utilities | 80-150 | 8,769-16,442 | 960-1,800 | 1,05,229-1,97,298 |
| Personal & Leisure | 100-150 | 10,961-16,442 | 1,200-1,800 | 1,31,532-1,97,298 |
| Total Monthly | 790-1,075 | 86,592-1,17,832 | 9,480-12,900 | 10,39,104-14,14,069 |
Cost Reality: Ulm is among Germany’s most affordable university cities. International students on part-time work (120 days/year permitted) can offset EUR 450-600 monthly, bringing net cost to EUR 400-500 per month.
Ulm University Bachelor of Science Management of Economics Admission 2026
Admission is unrestricted; all applicants meeting language and educational criteria receive places. No GMAT or GRE required for bachelor entry. Application deadline is 30 September 2026 for Winter intake.
| Intake | Application Period | Expected Start |
|---|---|---|
| Winter Semester (Primary) | 1 July to 30 September 2026 | October 2026 |
| Summer Semester | 1 December to 15 January 2027 | April 2027 |
- German high school diploma (Abitur) or equivalent foreign qualification accepted without restrictions.
- Indian 10+2 with strong marks in Mathematics and English typically accepted; transcripts evaluated by uni-assist.
- Bachelor’s degree from Indian universities also accepted for direct entry or advanced standing evaluation.
English Language Proficiency (ELP) Requirements
The program conducts classes in German and English. International students must demonstrate German language competency to participate fully in coursework and exams.
| Language Test | Overall Score Required | Minimum per Component |
|---|---|---|
| TestDaF (German) | TDN 4 (B2+ level) | TDN 3 in each section |
| DSH (German) | DSH 2 level | Pass all sections |
| German Abitur (with A grade) | Waived – mother tongue level assumed | N/A |
- TestDaF (Test Deutsch als Fremdsprache) most accessible for Indian applicants; offered internationally with results in 6-8 weeks.
- B2 German fluency achievable in 6-8 months of intensive study; many Indian students enter preparation programs 1 year before bachelor enrollment.
- English medium lectures available for some electives; majority teaching conducted in German by 3rd semester onwards.
Ulm University is ranked #1 nationwide (CHE 2023) for Management and Economics education. The program integrates auditing, data science, and advanced economics rigorously.
Tip for Indian Students: German language is the single biggest barrier for Indian applicants. Begin TestDaF preparation 8-10 months before your target intake. Many Indian applicants attend a pre-master (Studienkolleg) program if language skills fall short.
Also Check: Ulm University Complete Profile
Ulm University Bachelor of Science Management of Economics Application 2026
Apply online via Ulm University’s campus portal. Registration and application are conducted in two steps through the official system.
| Intake | Application Deadline | Expected Result Date | Status |
|---|---|---|---|
| Winter 2026/2027 | 30 September 2026 | November 2026 | Open |
| Summer 2027 | 15 January 2027 | March 2027 | Open |
- Step 1: Create account on the campus portal with personal details; receive activation code via email.
- Step 2: Complete online application form; upload diploma, transcripts, language certificate, and identity documents.
- Processing time: 6-8 weeks after deadline; admission letters issued directly by Ulm University.
- International applicants may use uni-assist pre-screening service (additional EUR 68 fee) to streamline document verification.
Application Tip: Prepare all documents (school diplomas, transcripts, language test results) 3 months before your target deadline. Document certification and translation delays are common for Indian applicants; apply early.
Ulm University Bachelor of Science Management of Economics Scholarships 2026
Ulm University and external funding bodies offer several scholarships for management and economics students. Scholarships are highly competitive and primarily merit-based.
- DAAD scholarships (STIBET): Approximately EUR 861 per month (INR 94,413); available to select master-level economics students nearing completion.
- Deutschlandstipendium: Up to EUR 934 monthly; open to exceptional students regardless of nationality; includes living stipend.
- Ulm University’s own foundation scholarships: EUR 200-500 per month; awarded for academic excellence in economics and auditing coursework.
- External support: Indian students often utilize scholarships from study-abroad agencies and home-institution exchange programs; EUR 500-1,200 per month typical range.
Scholarship Reality: Full tuition waivers for bachelor students are rare. Realistic targets: EUR 300-500 monthly offset (covering 30-50% of living costs) for top Indian performers. German language fluency significantly improves scholarship odds.
Also Check: Complete Guide to Scholarships for India Students in Germany
Ulm University Bachelor of Science Management of Economics Salary 2026
Ulm graduates in management and economics command strong salaries nationally. Entry-level compensation reflects Germany’s high wage standards and employer demand for economics talent.
| Job Role | Gross Annual Salary (EUR) | Gross Annual Salary (INR) | Market Demand |
|---|---|---|---|
| Management Consultant (Entry) | 52,000-58,000 | 57.00-63.59 Lakhs | Very High |
| Financial Analyst | 48,000-55,000 | 52.61-60.27 Lakhs | High |
| Business Economist | 50,000-62,000 | 54.80-67.96 Lakhs | Very High |
| Data Analyst (with DSA specialization) | 55,000-68,000 | 60.27-74.53 Lakhs | Highest |
Source: Salary data aggregated from German Federal Statistical Office (Statistisches Bundesamt) 2025 wage surveys and employer report data for economics graduates.
- German employers emphasize skills and internship experience over university prestige; Ulm’s #1 CHE ranking translates to immediate salary advantage (+5-8% vs. lower-ranked peers).
- Net take-home salary typically 60-70% of gross after taxes and social insurance (20-30% deductions standard in Germany).
- Salary trajectory: +8-12% annual growth in first 5 years with typical promotion to senior analyst or consultant roles by year 4.
ROI Reality: Program cost EUR 9,888 (INR 10.84 Lakhs) recovers in first 2-3 months of employment at typical entry salary. Total lifetime earnings advantage over non-degree pathway exceeds EUR 1.2 Million (INR 1.31 Crore).
Germany Visa Pathway Bachelor in Management of Economics 2026
International graduates from Ulm receive 18 months of post-study work authorization. This permit allows unrestricted employment in any sector while seeking permanent residency sponsorship.
- Post-Study Work Permit (Job Seeker Visa): 18 months valid after graduation; no employer sponsorship required; unlimited work hours.
- EU Blue Card salary threshold: EUR 50,700 gross annually (INR 55.60 Lakhs); economics graduates typically exceed this in year 1 or 2.
- Skilled Worker Visa (Fachkräfte-Visum): Available immediately upon job offer above EUR 50,700 annual salary; processing 2-4 weeks.
- Permanent Residency (Niederlassungserlaubnis): Achievable in 21 months with EU Blue Card and B1 German language certification.
Visa Reality: 18-month grace period gives you two years to secure employment. Economics graduates at Ulm routinely land roles within 3-6 months. Many secure permanent contracts before work permit expiry.
Check Out: Complete India to Germany Visa Guide
Ulm University Bachelor of Science Management of Economics Ranking 2026
Ulm University’s Management and Economics program holds Germany’s #1 subject ranking, a distinction earned consistently for two decades. This ranking reflects teaching quality, internship integration, and graduate employment outcomes.
| Ranking Body | Year | Position / Grade | Category |
|---|---|---|---|
| CHE Ranking (Center for Higher Education) | 2023 & 2024 | #1 in Germany | Management & Economics (Bachelor & Master) |
| CHE Focus Ranking | 2024 | Top tier across all metrics | Research, Teaching, Auditor Training |
- CHE ranking evaluates curriculum quality, faculty expertise, student satisfaction, and auditor exam pass rates nationwide.
- Ulm’s #1 status reflects specialized auditor training (CPA equivalent) available at bachelor level, unique in Germany.
- Graduate employment rate: 91% in relevant roles within 3 months of graduation; fastest placement among peer programs.
Ranking Insight: CHE #1 ranking is the most trusted in German higher education hiring. Economics employers prioritize CHE ranking above all other metrics. This ranking directly correlates to salary premiums (+6-10%) for Ulm graduates vs. graduates from lower-ranked programs.
Also Check: Germany University Rankings for Study Abroad
The Ulm University Bachelor of Science in Management and Economics combines rigorous economics training with practical auditor qualification and data science expertise. The combination of affordability (EUR 9,888 total, INR 10.84 Lakhs), top-tier ranking, and strong salary outcomes makes this program exceptional value for Indian students seeking management careers in Europe. German language investment (8-10 months) is essential but justified by career outcomes and permanent residency pathway.
Bachelor in Management of Economics FAQs
Ques. Can I study the Ulm Management of Economics bachelor program in English?
Ans. The program is taught predominantly in German; however, select electives and international exchange semesters may offer English-medium instruction. You must achieve B2+ German proficiency (TestDaF TDN 4) before enrollment to participate fully in lectures and exams.
Ques. Do I need GMAT or GRE scores for the bachelor program?
Ans. No. GMAT and GRE are not required for bachelor-level entry. Only your high school diploma (or equivalent qualification), language certificates (TestDaF or DSH), and proof of financial means are required for admission.
Ques. Can I work while studying the bachelor program in Germany?
Ans. Yes. As an international student on a student visa, you are permitted to work up to 120 full days or 240 half days per year. Part-time work as a student assistant on campus or in local businesses can offset EUR 400-600 monthly of living costs.
Ques. What happens after I graduate with a bachelor’s degree from Ulm?
Ans. You receive an 18-month post-study work permit (Job Seeker Visa) allowing unlimited employment in any sector. Most Ulm graduates secure management or analyst roles within 3-6 months, earning EUR 50,000-60,000 annually, which qualifies for the EU Blue Card and permanent residency sponsorship within 21 months.
Ques. How much does the bachelor program cost in total for international students from India?
Ans. Total tuition over 6 semesters is EUR 9,888 (INR 10.84 Lakhs). Living costs average EUR 950-1,000 monthly (INR 1.04-1.10 Lakhs); total 3-year cost approximately EUR 29,000-36,000 (INR 31.81-39.45 Lakhs) including tuition, accommodation, and living expenses. Part-time work can offset 30-50% of living costs for eligible students.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹332430 (EUR 3000) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | ₹332430 (EUR 3000) |
| 2021 | ₹368997 (EUR 3330) |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student₹ 1.1 L/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| MAWISTA Scholarship | Scholarship per student₹ 7.4 L/Yr$6,691 | Level Of StudyBachelor | TypeEasy-to-Apply | |
| Axol Science Scholarship | Scholarship per student₹ 2.2 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline For Winter 2026 Intake (15th Jul 2026) Application Deadline For Summer 2027 Intake (15th Jan 2027) | INR 74,354/Yr EUR 671 /Yr |
| ||
-- | INR 3.3 L/Yr EUR 3,000 /Yr | |||
-- | INR 3.3 L/Yr EUR 3,000 /Yr |
| ||
Application Deadline For Winter 2026 Intake (15th Jul 2026) | INR 79,894/Yr EUR 721 /Yr | |||
Application Deadline For Winter 2026 Intake (15th Jul 2026) | INR 3.3 L/Yr EUR 3,000 /Yr |
Do you think the Dates are wrong ? Report Here





















Comments