New European College
Munich, Germany
- Cost of Living€ 17,292
- Tuition Fee From€ 9,800
- Country Rank-
- Batch Strength200
- Global Diversity-
- Gender Ratio-
Overview
About
New European College (NEC) is an esteemed international business school located in Munich, Germany. It offers a range of Bachelor's, Master's, and MBA programmes, all conducted in English. NEC is known for its innovative teaching approach, bridging theory and practical skills to prepare students for the global business landscape.
Founded in 2008, NEC has quickly gained recognition as a leading European business school. Its success is attributed to its strong commitment to internationalization, teaching excellence, and industry partnerships.
NEC takes pride in its diverse student body, representing over 40 nations, creating an international learning environment. The faculty members are highly qualified, many with extensive industry experience in senior roles.
New European College courses are carefully designed to equip students with the skills needed for success in global business. They blend traditional lectures, practical case studies, and dynamic simulations. Students also benefit from internships and consultancy projects.
NEC alumni are in high demand worldwide, securing positions in finance, consulting, banking, marketing, and more. The school's robust alumni network provides ongoing support and valuable resources to graduates.
Acceptance Rate
The New European College acceptance rate is approximately 80%. This high rate is attributed to its relatively new status, commitment to innovative teaching, and programme-specific differences.
The Bachelor of Business Administration (BBA) programme has a higher acceptance rate compared to the Master of Business Administration (MBA) programme. The MBA programme typically requires prior education and work experience.
Ranking
The institute’s premier status in Europe is credited to its international focus, teaching and research excellence, and industry ties. New European College ranking demonstrates its commitment to quality education, and its graduates thrive globally in various industries.
- Times Higher Education Business School Ranking 2023: 46th in Europe
- QS World University Rankings: Business and Management Studies 2023: 101-110th in Europe
- Financial Times European Business School Ranking 2023: 59th
- Masters in Management Ranking 2023: 40th in the world
- Executive MBA Ranking 2023: 66th in the world
Year
QS Ranks
US News Ranks
2023
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Facilities
NEC boasts a modern campus situated in Munich, Germany, strategically located in close proximity to numerous businesses and cultural attractions.
There are a range of New European College facilities tailored to support students in their academic pursuits, including:
- Classrooms: Equipped with cutting-edge technology, including smartboards and projectors, NEC's classrooms foster an interactive and engaging learning environment.
- Library: NEC's extensive library houses an array of books, journals, and databases focused on business and related subjects. Additionally, it offers dedicated study spaces for both individual and group work.
- Computer Labs: NEC's computer labs feature state-of-the-art software and hardware, offering students access to resources for assignments, projects, and online research.
- Student Lounge: The student lounge at NEC serves as a relaxation and socialization hub, furnished with comfortable seating, a television, and tables.
- Cafe: NEC's cafe serves a diverse menu of food and beverages, providing students with options for quick meals or gatherings with peers.
Courses
Admission
New European College Entry Requirements
New European College entry requirements may vary depending on the programme and specialization. Below are a few prerequisites for students:
For Bachelor programmes:
- Secondary school diploma completion
- Successful assessment interview
For Master programmes:
- Bachelor's degree in a relevant field
- Successful assessment interview
For MBA programme:
- Bachelor's degree in any discipline
- Minimum of 3 years of work experience
- Successful assessment interview
New European College Fees
Below are the New European College fees and programme durations in the academic year 2023-2024:
Bachelor International Business Administration:
- €4,900 per semester
- Duration: 6/8 semesters
Bachelor International Business Administration (with a half-year mandatory preparation programme):
- €4,900 per semester
- Duration: 7/9 semesters
Bachelor International Business Administration (with one-year mandatory preparation programme):
- €4,900 per semester
- Duration: 8/10 semesters
Master Business Management (MBM):
- €6,100 per semester
- Duration: 3 semesters
Master Business Management (MBM) with a mandatory half-year Pre-Master (for non-business graduates):
- €6,100 per semester
- Duration: 4 semesters
Master Business Administration (MBA):
- €6,100 per semester
- Duration: 3 semesters
New European College Placement
The New European College Placements team aids graduates in finding jobs and internships. They offer career counselling, internship support, and job placement assistance, leveraging a broad alumni network. In 2022, 95% of NEC graduates secured employment within three months of graduation.
New European College English Proficiency Requirements
To ensure that all students can successfully participate in their studies, NEC has specific English proficiency requirements for its programmes. Below are the details:
Bachelor Programme:
- Academic IELTS score of 6.0
- Conditional acceptance possible with an Academic IELTS score of 5.0 if enrolled in the Business English Preparation programme.
Master Programme:
- Academic IELTS score of 6.5
Alternative English test scores accepted:
- TOEFL iBT: 88
- PTE Academic: 62
- C1 Advanced: 1801.
Scholarship
NEC provides various scholarships based on academic excellence, financial circumstances, and diversity. These include
- NEC Merit Scholarship
- NEC Diversity Scholarship
- NEC Financial Aid Scholarship
- NEC Women in Business Scholarship
- NEC International Student Scholarship
Apart from this, students can also look into other options like Unischolars, a free scholarship search platform. Students create an account, provide their information, and get matched with scholarships from universities, colleges, organizations, and companies. It simplifies the scholarship search and application process.
Finances
NEC offers various financing options, including payment plans, scholarships, and access to loans. You can also explore Unicreds, which provides competitive interest rates, a straightforward application process, and dedicated support for education loans when studying at NEC.
Accommodation
While the institute doesn't provide on-campus housing, you can easily secure safe and comfortable accommodation through UniAcco. As a prominent student accommodation platform, UniAcco offers a diverse selection of options worldwide, helping students find housing that suits their budgets and preferences.
Cost of Living
Munich, while among Germany's pricier cities, offers an exceptional quality of life. The cost of living in Munich varies based on your lifestyle and spending choices, but a rough estimate for basic expenses like housing, food, and transportation is approximately €1,500 to €2,000 per month.
Here is an overview of the cost of living in Munich:
|
Particulars |
Monthly Cost (Euro) |
|
Off-Campus Accommodation |
€649 |
|
On-Campus Accommodation |
€400 |
|
Transportation |
€59 |
|
Food Cost |
€540 |
|
Utility Cost |
€291 |
|
Entertainment |
€48 |
|
Groceries |
€28 |
|
Clothes |
€117 |
|
Total Cost of Living with Off-Campus Accommodation |
€1732 |
|
Total Cost of Living with On-Campus Accommodation |
€1483 |
|
Annual Cost of Living |
€20784 |