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GISMA Business School - Hannover Campus

Hanover - Germany, Germany

  • Cost of Living€ 14,677.8
  • Tuition Fee From 6,563
  • Country Rank#235
  • Batch Strength500
  • Global Diversity-
  • Gender Ratio-

Overview

About

GISMA Business School - Hannover Campus, established in 1999, is a privately-run university of applied sciences situated in Hannover, Lower Saxony, Germany. It holds both accreditation and state recognition.

 

GISMA stands out for its globally renowned undergraduate and postgraduate programmes, many of which are developed in collaboration with highly esteemed and accredited business schools. This unique partnership ensures that students benefit from a diverse and exceptional educational experience.

 

The faculty at GISMA is a remarkable blend of accomplished professionals with impressive track records, hailing from prestigious organizations such as Amazon, the United Nations, Harvard, KPMG, and Tata Consulting Services.

 

At GISMA, students receive an exceptional standard of education, delivered by industry leaders. The school's approach to business studies is interdisciplinary, providing students with a holistic comprehension of the corporate world.

 

Notably, GISMA's Global MBA programme holds accreditation from the Association of MBAs (AMBA), further attesting to its commitment to excellence in education.

Ranking

Established in 1999, this institution is among Germany's six AMBA-accredited business schools, earning global recognition for its exceptional teaching and research excellence. Among the notable GISMA Business School - Hannover Campus rankings are:

 

  • #20 among the world's premier universities in The Economist's 2017 rankings.
  • Achieving an impressive #18 rank in the 2019 America Economia ranking list for its MBA programme.
  • In the Financial Times' 2019 global MBA ranking, GISMA Business School secured the #26 position in Europe and the #5 position in France.

Year

QS Ranks

US News Ranks

2024

-

-

Facilities

The institute is designed to meet contemporary standards and provides all essential amenities to facilitate a comfortable learning environment. Below are a few well-equipped GISMA business school - Hannover campus facilities::

 

  • Complimentary WiFi access for students
  • A dining area
  • A library
  • A computer lab
  • A student lounge that offers opportunities for recreational activities such as tennis, board games, and socializing with fellow students

Notable Alumni

Utz Claassen
Utz Claassen
German consultant
Gerald J.
Gerald J.
American economist
Abigail Spanberger
Abigail Spanberger
American politician

Courses

Admission

Acceptance Rate

The acceptance rate of the GISMA Business School is 85% which indicates an open admissions policy, providing ample opportunities for prospective students to gain entry into its programs. This acceptance rate indicates that the institution welcomes a significant portion of applicants, fostering a diverse and inclusive academic community. Prospective students are encouraged to demonstrate their academic potential, relevant experience, and personal qualities that align with the school's values and mission. Through its comprehensive admissions process, GISMA Business School aims to attract talented individuals from diverse backgrounds, fostering a dynamic learning environment conducive to academic and professional success. 

 

Entry Requirements

Here are the GISMA business school - Hannover Campus entry requirements for PG and UG programmes:

 

PG Admission Requirements:

  • Application Portal: GISMA UAS Online
  • Admission Requirements: Bachelor’s degree
  • GPA: 60%
  • English Proficiency Requirements: IELTS: 6.5+
  • Standardized Test Score: GMAT/GRE not required
  • Additional Requirements:
    • Letters of reference
    • Statement of Purpose
    • Resume or CV
    • Personal Interview

 

UG Admission Requirements:

  • Application Portal: GISMA UAS Online
  • Admission Requirements: Official high school transcripts
  • English Proficiency Requirements: IELTS: 6.0+
  • Additional Requirements:
    • Internally Recognized Passport
    • Scan copy of passport
    • Financial Certificate
    • Entrance Test (if required)
    • UK Visa

 

Fees

Here are the GISMA business school - Hannover Campus fees and estimated expenses for students:

 

Annual Fees in EUR:

  • Undergraduate programmes: 9,600
  • Postgraduate programmes: 13,000
  • MBA: 18,000

 

Estimated Expenses:

  • Rent: 500-700 EUR
  • Food: 200-300 EUR
  • Books: 20-40 EUR
  • Public transportation: 80-90 EUR
  • Other: 80-120 EUR

 

Placement

Remarkably, 71% of MBA graduates from GISMA Business School - Hannover Campus successfully secure full-time employment within just two months of completing their studies. GISMA boasts a dedicated Career Center that plays a pivotal role in connecting students with industry professionals and esteemed partners, ensuring GISMA Business School - Hannover Campus placements are highly successful.

Impressively, 92% of MBA students at GISMA Business School - Hannover Campus find themselves engaged in job roles that involve international projects, underscoring the school's global outlook and opportunities. The Career Center actively supports students in crafting compelling CVs and excelling in job interviews, ensuring they are well-prepared for the job market.

Furthermore, the average annual salary for GISMA MBA graduates from GISMA Business School - Hannover Campus stands at an impressive 98,000 EUR, reflecting the high-quality education and career prospects that the institution offers.

Scholarship

GISMA University of Applied Sciences offers a range of financial incentives to support students in pursuing their education. These include:

 

  • Early Bird Discounts: International applicants can benefit from a generous 25% early bird discount when applying.
  • External Scholarships: GISMA encourages students to explore external scholarships, such as the prestigious DAAD scholarships, which can help cover the costs of studying in Germany.

 

These scholarships at GISMA University of Applied Sciences are designed to make quality education more accessible and support students in reaching their academic and career goals. GISMA also provides several internal scholarships tailored to students' diverse needs and achievements:

Scholarship Name

Eligibility

Benefits

Principal’s Scholarship for Entrepreneurship

Students with entrepreneurial aspirations and potential to turn ideas into profitable ventures

Financial support for entrepreneurial projects, mentorship, networking opportunities

Exceptional Career Scholarship

Students with outstanding career achievements

Financial support, recognition for career accomplishments, access to exclusive networking events

Women in Business Scholarship

Female applicants with strong academic or professional merit

Financial assistance, networking opportunities, support for women pursuing careers in business

Academic Merit Scholarship

Students demonstrating excellence in academics or achieving high GMAT scores

Financial aid, recognition for academic achievements, opportunities for academic and career growth

Rector’s Scholarship

Applicants with exceptional academic records or diverse professional backgrounds

Financial assistance, recognition for academic or professional achievements, mentorship

 

Additionally, we recommend looking into external scholarships like UniScholars. UniScholars serves as a one-stop platform for studying abroad, offering full support to students during their international education journey. Their strong commitment to nurturing and empowering students' dreams has helped many achieve their goal of studying abroad.

 

Finances

For funding your studies at GISMA Business School in Hannover, consider:

 

  • GISMA Scholarships: Merit and need-based scholarships, 10% to 50% tuition coverage. Check the school's website.
  • Prodigy Finance: Loans for international students in select programmes. Check eligibility on their website.
  • German Government Loans (KfW Student Loan): Low-interest loans for students studying in Germany, covering living expenses and tuition.

 

You may also explore Unicreds for simplified study abroad loans. Partnering with top lenders, it offers one-stop access to multiple loan options. Compare rates, amounts, and terms easily. Get personalised recommendations for financing tailored to your profile.

 

Accommodation

GISMA Business School - Hannover campus, does not provide on-campus accommodation for international students. However, you can explore various nearby housing options with the assistance of UniAcco.

 

UniAcco specializes in premium student accommodation, offering high-quality properties near top universities in 71 cities across eight countries. They aim to make student living easy, convenient, and affordable.

 

Cost of Living

Hannover, the largest city and capital of Lower Saxony, Germany, thrives as a dynamic centre for trade, culture, and education in the northern region.

 

For those contemplating a move to Hannover, grasping the city's cost of living is essential. This encompasses housing, food, transportation, healthcare, and leisure activities, all of which can fluctuate depending on individual preferences.

 

On average, the monthly cost of living in Hannover hovers around $1452, positioning it in the upper 36% bracket of the world's costlier cities. With a median after-tax income of $2723 per month, this allows for covering living expenses for approximately 1.9 months, rendering Hannover comparatively affordable when measured against other major German cities.

 

Particulars

Monthly Cost (Euro)

Off-Campus Accommodation 

€420

On-Campus Accommodation

€400

Transportation

€70

Food Cost

€540

Utility Cost

€294

Entertainment

€48

Groceries

€22

Clothes

€123

Total Cost of Living with Off-Campus Accommodation 

€1517

Total Cost of Living with On-Campus Accommodation 

€1497

Annual Cost of Living

€18206