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#174 Mannheim MBA Program & Admissions Interview with Kai Stenzel & Sofia Syed Nasir

“We want to be the best by focusing on the candidate. Our class size, from the beginning onwards, was limited to 60 participants. Our goal was not to grow by quantity but to grow by quality. Our mission and strategy is to have the best people in the classroom.”

Chief Market Officer Kai Stenzel and Admissions Manager Sofia Syed Nasir discuss what makes the Mannheim MBA unique, the school’s admissions process, career opportunities and more.

Program Highlights (3:50) | Admissions (25:15) | Financing & Working in Germany (35:40) | Careers (48:30)

About Our Guest

Kai Stenzel is the Chief Market Officer for Mannheim Business School where he has worked for over 6 years. He is responsible for Marketing, Admissions, Career Development, and Alumni Relations. Kai got his MBA from Mannheim Business School and Essec Business School.

Sofia Syed Nasir is the Admissions Manager for Mannheim Full-time MBA, Mannheim Business School. She got her Masters in International Business from Grenoble Ecole de Management.

What is unique about the Mannheim MBA?

  • Ranked #1 MBA in Germany by Forbes, Bloomberg Businessweek and the Economist
  • Ranked #1 in Business Administration by German HR professionals 14 years in a row (Wirtschaftswoche University Ranking)
  • Targets and consistently ranks top 10 worldwide for ROI
  • 1 year MBA starts in September with ~60 students per intake
  • Admissions looking for collaborative mindset, teamwork abilities, and unique point of view that could benefit other classmates
  • 10 core courses taught in terms 1-2; electives, social sustainability project and business master project offered in terms 2-4; students can extend with a term 5 to get a management analytics certificate, study abroad or pursue a business idea or internship
  • 80% of graduates stay in Germany to work
  • Graduates get a job seeker’s visa that lasts 18-months

Touch MBA’s Mannheim MBA Fast Facts

last updated November 2020

Program Highlights (3:50)

  • Mannheim University was established in 1907, and Mannheim Business School started in 2005
  • 1 intake/year in September
  • Length: 12 months, can be extended 3 months to acquire an additional Management Analytics Certificate, lay foundations for own company, study abroad, complete an internship or refine German language skills
  • Campus in Mannheim; 60-70% of German economy is within 500km
  • 50-60 participants/intake
  • ~25 nationalities/intake, class is ~80% international, ~35% female
  • Rankings: #71 Financial Times 2020, #44 Economist 2019
  • Accredited by AACSB, EQUIS, AMBA

Admissions (25:15)

  • Rolling admissions; discounts given for applying by first two early bird deadlines
  • Avg GMAT: 680, GMAT or GRE accepted, minimum GMAT/GRE equivalent is 600
  • Avg age: 30, Avg work experience: 6, 3 years min work experience requirement
  • 2 recommendations required
  • University degree with minimum B+ average expected
  • TOEFL (minimum 95) / IELTS (minimum 7)

Financing & Scholarships (35:40)

  • Full-time MBA Tuition: €39,500, Management Analytics Certificate in the optional fifth term costs € 6,000 (plus VAT)
  • Recommended Budget: €800 – €1,000 / month
  • Merit-based scholarships available, up to 25% of fees, and offered on a rolling basis subject to availability

Careers (48:30)

  • Full-time placement report? Yes
  • Class of 2020: 92% of graduates received job offers within 3 months of graduation
  • Average Salary for Class of 2020: $105,800 USD
  • Percentage increase on pre-MBA salary: 67% (Economist 2019)
  • Industry: 28% Technology/IT, 22% Consulting, 14% Financial Services, 11% Manufacturing, 8% Logistics
  • Geography: 84% Germany, 7% Europe outside Germany, 7% Asia, 2% Latin America
  • 3,500 alumni with 30 chapters worldwide

Show Notes

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