Germany

Economy & Industry

Germany has a social market economy consisting mainly of a highly skilled workforce, large capital, low corruption and high level of innovation. Germany is Europe’s largest and most powerful economy. Germany advocates on closer European economic and political amalgamation. Germany is recognized for small and medium industries. Of the World’s Fortune 500 companies, 37 are located in Germany. Being positioned centrally in Europe, Germany is a transport hub with dense and modern transport networks. Germany has made significant achievements in Research and development which forms an integral part of the economy. Germany is one of the leading countries to develop and use green technology consisting mainly of power generation, sustainable mobility, material efficiency, energy efficiency, waste management, and recycling and sustainable water management.

Education in Germany

Germany is synonymous with quality, which is also true for education in Germany. Most of the Universities or colleges are state funded. Education in Germany consists mainly of applying practical knowledge in addition to a strong ground hold on theoretical aspects. Most of the German Universities are autonomous and provide special emphasis on research and teaching. Some of the groundbreaking discoveries that the world has seen have been the result of German Universities. German universities offer courses in Medicine, Engineering, Management, Law, English, and various other disciplines. Academic freedom is one of the main characteristics of the German university system and is one of the reasons why public universities in Germany don’t charge any tuition fees. Merit is only criteria for admission to German Universities. Germany has always been at the forefront of technological advances and innovative inventions. Choosing to study in Germany, you would learn about the latest technological advances and trends in the subject of your choice. Germany is a great destination for international students and offers high-quality university education with best educational and living conditions. Germany is one of the most supportive countries for international students. Demand for Engineers and IT professionals are huge and hence these professionals have assured placements in Germany after successfully completing a Master’s program. Some of the most popular courses are Mechanical Engineering, Process Engineering, Electrical Engineering, Aerospace Engineering, Automotive Engineering. 

 Scholarships

Approximately 25% of the International students receive scholarships between 661 Euros and 725 Euros per month. Most of the undergraduate programs offered by the German Universities are tuition-free. Only four out of 16 Federal states charge tuition fees up to 500 Euros per semester.

Highlights

• Hub of Engineering and Technology
• Research-centric Masters in Engineering leading to a university-assisted internship.
• Tuition fee not required at public-funded universities.
• 18 Months stay back, post-study.
• Options to apply for EU Blue card.
• Some of the scholarships offered in Germany are given below:
• DAAD Scholarship Programs
• German Foundation’s Scholarship programs
• Erasmus Mundus Scholarship Programs
• Employment & Job Opportunities

Internships are an integral part of many academic courses are compulsory internships. Germany is arguably the only country in the world where completion of study programs in Universities is smoothly followed by a paid internship in top MNCs that eventually lead to a full-time placement. Close ties with companies like AP, DPWN, Daimler, BMW or Bosch will increase your career prospects.

Major Companies in Germany

1. Volkswagen
2. E.ON
3. Metro
4. Deutsche Post
5. Deutsche Telecom
6. BMW
7. Mercedes Benz
8. Bosch
9. Audi
10. Siemens

Major Universities in Germany

1. Technical University Munich
2. University of Munich
3. University of Heidelberg
4. University of Freiburg
5. University of Bonn
6. University of Frankfurt
7. University of Goettingen
8. University of Meunster
9. University of Hamburg
10. Technical University Hamburg.

Facts about Germany

• Capital: Berlin
• Area: 357,021 Square kilometers
• Currency: Euro (EUR)
• Important Cities: Berlin, Hamburg, Munich, Cologne, Frankfurt, Stuttgart, Düsseldorf, Dortmund, Essen, Bremen.