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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

GISMA Business School, officially known as GISMA University of Applied Sciences, is a prominent private institution in Germany with Berlin, Potsdam, and Hannover campuses. Established in 1999, GISMA offers a diverse range of undergraduate and postgraduate programmes delivered entirely in English, catering to a global student body representing over 40 nationalities. The school is renowned for its partnerships with prestigious institutions, including the triple-accredited Grenoble Ecole de Management, ensuring high-quality education aligned with international standards. Notably, the school holds AMBA accreditation for its Global MBA programme, a distinction shared by only a few business schools worldwide, highlighting its commitment to educational excellence and innovation.
 

Things To Consider Before Applying

GISMA Business School, or GISMA University of Applied Sciences, has specific eligibility criteria and documentation requirements for prospective students. Below is a detailed overview of what applicants need to know before applying.

Eligibility Criteria

Undergraduate Programmes

To be eligible for undergraduate courses, applicants must:

  • Have completed secondary education with good academic standing.
  • Meet specific entry requirements, including certain A Level grades or equivalent qualifications.
  • Demonstrate English language proficiency, typically with a minimum IELTS score of 6.0 or an equivalent.

Postgraduate Programmes

For postgraduate admissions, the eligibility criteria vary depending on the programme:

  • General Requirements:
    • A recognised bachelor’s degree or equivalent qualification.
    • Proof of English language proficiency (IELTS scores generally required: 6.0 for most programmes and 6.5 for some).
  • Specific Work Experience Requirements:
    • MSc International Agribusiness: At least one year of relevant postgraduate work experience.
    • Global MBA: A minimum of 3 years of relevant postgraduate work experience is mandatory.

Required Documents

To complete the application process, applicants must submit the following documents:

  1. Completed Application Form: Fill out the online application form on the GISMA website. Students can take help from UniScholars experts for this process. 
  2. Passport Photo: A recent passport-sized photograph.
  3. Copy of Passport: A clear photocopy of the applicant's passport.
  4. Visa/Residence Permit (if applicable): This is for international students already residing in Germany.
  5. Proof of English Language Proficiency: This can be demonstrated through IELTS scores or other accepted tests.
  6. Motivation Letter: A personal statement outlining the reasons for choosing GISMA and the intended programme.
  7. Bachelor’s Degree Certificate: From a recognised university, in English or German, or a certified translation in another language.
  8. Academic Transcripts: Official transcripts from all previous educational institutions in English or German.
  9. Work Experience Documentation:
    • For MSc International Agribusiness: Proof of at least one year of relevant work experience (e.g., reference letters).
    • For Global MBA: Proof of at least three years of relevant work experience.
  10. Certified Copies of Other Relevant Certificates/Transcripts: Any additional qualifications that support the application.


Additional Notes

  • Applicants can apply even if they have yet to graduate but should submit current transcripts reflecting their academic progress.
  • The admissions team may request further documentation based on specific programme requirements.

Prospective students should meet all eligibility criteria and gather the necessary documents well before their desired intake season at GISMA Business School. This preparation will facilitate a smooth application process and increase the likelihood of securing admission to their chosen programme.

 

How To Apply To GISMA Business School?

To apply to GISMA Business School, prospective students should follow a structured process that ensures all necessary information and documentation are submitted correctly. Here’s a detailed step-by-step guide on how to apply:

Step 1: Choose Your Programme

  • Research the various programmes GISMA Business School offers, including undergraduate and postgraduate options.
  • Decide on the specific programme and intake season (January, April, June, or September) you wish to apply for.

Step 2: Complete the Online Application Form

  • Visit the official GISMA website to access the online application form. Students can check with UniScholars experts and clear their doubts on this specific subject. 
  • Fill out the application form, which includes several sections:
     
    • Programme Information: Select the programme and intake.
    • Personal Information: Provide details such as name, date of birth, nationality, and contact information.
    • Educational Background: List your previous educational qualifications.
    • English Language Proficiency: Indicate your English proficiency test scores (e.g., IELTS).
    • Professional Work Experience: Detail any relevant work experience.
    • Motivation Letter: Write a personal statement explaining your reasons for applying and how the programme aligns with your career goals.

Step 3: Gather Required Documents

Prepare and upload the following documents as part of your application:

  • Passport Photo: A recent passport-sized photograph.
  • Copy of Passport: A clear photocopy of your passport.
  • Visa/Residence Permit (if applicable): This is for students in Germany or other countries.
  • Proof of English Language Proficiency: Such as IELTS scores (minimum varies by programme).
  • Motivation Letter: A personal statement detailing your aspirations and reasons for choosing GISMA.
  • Bachelor’s Degree Certificate: In English or German (or certified translations) from a recognised institution.
  • Academic Transcripts: Official transcripts from previous institutions in English or German.
  • Work Experience Documentation:
    • For MSc International Agribusiness: At least one year of relevant work experience.
    • For Global MBA: At least three years of relevant work experience.
  • Certified Copies of Other Relevant Certificates/Transcripts.

Step 4: Review Your Application

  • Carefully review all entered information and uploaded documents for accuracy and completeness before submission.

Step 5: Submit Your Application

  • Once everything is in order, you can submit your application through the GISMA online portal. There are no application fees. These steps can also be performed with the help of UniScholars experts. 

Step 6: Await Admission Decision

  • After submission, GISMA will process your application. Successful applicants will receive an admission offer via email.

Step 7: Accept Your Offer

  • If accepted, follow the instructions provided in your admission offer to confirm your place. This may involve paying a deposit to secure your enrollment.

Step 8: Prepare for Visa Application

  • Once you have accepted your offer, begin preparing for your student visa application. This includes gathering necessary documents such as proof of admission, financial statements, and health insurance.

Step 9: Finalise Registration

  • Upon arrival in Germany, complete any remaining registration processes required by GISMA, including attending orientation sessions and obtaining student identification.

Important Considerations

  • While there are no strict application deadlines, it is recommended that applicants apply at least three months before the intended start date to ensure ample time for processing and visa arrangements.
  • Check specific programme requirements; some may have additional prerequisites or documentation needs.

By following these steps meticulously, applicants can successfully navigate the admissions process at GISMA Business School.

 

Deadlines

GISMA Business School has a flexible admissions process with specific deadlines for each intake season. Here’s a detailed overview of the application deadlines and decision dates for prospective students.

GISMA does not impose strict application deadlines; however, applicants are encouraged to apply at least three months before their chosen programme starts. The following are the specific application deadlines for the four intake seasons in the upcoming cycle:

Intake Season

Application Deadline

January

October 31st of the previous calendar year 

April 

January 31st of the same calendar year 

June

March 31st of the same calendar year 

September

June 30th of the same calendar year 


 

Important Notes

  • No Application Fees: GISMA Business School does not charge an application fee.
  • Recommendation: It is advisable to submit applications as early as possible to allow sufficient time for processing and visa arrangements.

 

Admission Decision Dates

While GISMA does not specify exact decision dates, applicants can generally expect to receive their admission decisions within a few weeks after the application deadline. The timeline may vary based on the volume of applications received and the specific programme applied for.

General Timeline

  • Post-Application Submission: Applicants typically receive an admission decision within 2 to 6 weeks after the application deadline.
  • Acceptance Confirmation: Once accepted, students are required to confirm their acceptance and may need to pay a deposit to secure their place in the programme.
     

Prospective students should be mindful of these deadlines and plan their applications accordingly. Applying well in advance not only ensures a smoother admission process but also allows time for any additional requirements such as visa applications and accommodation arrangements. 
 

GISMA Business School Selection Criteria


GISMA Business School, officially known as Gisma University of Applied Sciences, is a prominent institution located in Potsdam, Germany. It offers a range of undergraduate and postgraduate programmes, particularly in business and management. The selection criteria for admission to GISMA vary by programme but generally include academic qualifications, language proficiency, and sometimes relevant work experience.
 

1. Academic Qualifications:

  • Undergraduate Programmes: Applicants typically need a general university entrance qualification, which can include high school diplomas or equivalent certifications.
  • Postgraduate Programmes: A bachelor's degree in a relevant field is required for master's programmes, along with a minimum GPA that may vary by course.

2. Language Proficiency:

  • All applicants must demonstrate proficiency in English, usually requiring a B2 level. This is commonly assessed through standardised tests such as IELTS (minimum score of 6.0 overall, with no component lower than 5.5) or equivalent tests like TOEFL or Duolingo.

3. Additional Criteria for Specific Programmes:

  • Some master's programmes, such as the Global MBA, require candidates to have relevant work experience—typically at least three years.
  • For certain specialised master's degrees, applicants may need to showcase specific skills or knowledge areas relevant to the programme.

Special Considerations

GISMA also provides various scholarships aimed at supporting international students and encouraging diversity within its student body. These include awards for exceptional career achievements and specific scholarships for women in business.
Overall, GISMA Business School aims to attract well-rounded candidates who not only meet academic standards but also demonstrate potential for success in their chosen fields through relevant experiences and skills.

 

GISMA Business School Acceptance Rate

The acceptance rate at GISMA Business School, officially known as Gisma University of Applied Sciences, is approximately 85%. This figure indicates that out of every 100 applicants, about 85 are granted admission, suggesting that the school has a relatively high acceptance rate compared to many other institutions.

This high acceptance rate implies that while there are certain academic and language proficiency requirements that must be met, the admissions process is not overly competitive, particularly for international students. However, applicants are still encouraged to fulfill all admission criteria and submit their applications well in advance of the course start dates.

 

Fees

GISMA Business School offers a range of programmes with varying tuition fees for both undergraduate and postgraduate courses. Here’s a detailed overview of the fees associated with studying at GISMA.

Postgraduate Programmes

  • Global MBA: Approximately €18,000 (around INR 16,27,200) for the first year.
  • Other Master’s Programmes: Ranging from €15,500 (approximately INR 14 L) to €16,500 (around INR 15 L), depending on the specific programme.

Undergraduate Programmes

  • Bachelor’s Degrees: Tuition fees are generally around €10,500 (approximately INR 9.5 L) to €13,125 (around INR 11.9 L), depending on the course.

 

Detailed Fee Structure
Here is a breakdown of the tuition fees for various programmes at GISMA:

Programme Type

Tuition Fees (Approx.)

Duration

Global MBA

€18,000 / INR 16.3 L

12 months

Master’s Programmes

€15,500 / INR 14 L

12-24 months

Bachelor’s Programmes

€10,500 / INR 9.5 L

3 years

MSc Programmes

€11,000 - €15,000

12-24 months

 

Additional Costs

Apart from tuition fees, students should also consider additional expenses such as:

  • Living Expenses: Estimated between €15,060 and €20,560 annually, depending on lifestyle and location.
  • Health Insurance: Mandatory for all students in Germany.
  • Miscellaneous Fees: This may include application fees, enrollment fees, and costs associated with study materials.

 

Payment Plans

GISMA offers flexible payment options that allow students to spread their tuition payments across multiple installments. This can help manage financial commitments more effectively.

 

Scholarships and Discounts

While GISMA does not have its own scholarship programmes specifically for international students, various funding options may be available:

  • Early Bird Discounts for students who apply early.
  • Potential access to external scholarships or financial aid opportunities.

GISMA Business School provides competitive tuition rates for its programmes, along with flexible payment options to accommodate international students. Prospective students should plan their finances accordingly and explore all available funding opportunities to support their studies in Germany.

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