@tazio - You have to realize that the job post MBA is dependent on your previous skillset and experience. If you are changing career tracks then you would have to start as a fresher and would have to take a pay as a starter. For example - Take the case of ISB grads. The fees is 26 lakhs, and the average pay is 18 lakhs i believe. Again, the pay is average. Which means there are 50 percent people who get less than 18 lakhs. Yes, on an average the salaries in Germany is low for MBA grads, since MBA as such is not as highly regarded in Germany as in the US, UK or India. But they dont have as many highly qualified people, less competition and a highly developed economy, the best in Europe right now. So I believe its worth taking the chance.
Am not sure about the tax rate, but 50% sounds pretty exaggerated. There is no incentive to go to Germany then, as we can look for opportunities elsewhere.
@vikr84 said:@tazio - You have to realize that the job post MBA is dependent on your previous skillset and experience. If you are changing career tracks then you would have to start as a fresher and would have to take a pay as a starter. For example - Take the case of ISB grads. The fees is 26 lakhs, and the average pay is 18 lakhs i believe. Again, the pay is average. Which means there are 50 percent people who get less than 18 lakhs. Yes, on an average the salaries in Germany is low for MBA grads, since MBA as such is not as highly regarded in Germany as in the US, UK or India. But they dont have as many highly qualified people, less competition and a highly developed economy, the best in Europe right now. So I believe its worth taking the chance. Am not sure about the tax rate, but 50% sounds pretty exaggerated. There is no incentive to go to Germany then, as we can look for opportunities elsewhere.
Vikr84 the tax rate figure is not exaggerated. Infact this figure was told to me by an Mannheim indian alumni and I have also verified this over the internet. Above an income of 52k euro the tax is 42percent and add to that the mandatory solidarity tax which is 5.5 percent it comes to be 47.5 percent.
Also, you say there is less competition, I totally disagree on that, it depends on the field you are planning to switch, for IT it maybe true but for others like automotive and fianace the industry is highly competitive. Infact I was told that Germans don't like "other" people in their core sectors like Automotive but I'll take this statement with a pinch of salt.
My aim is not to discourage you but instead to convince myself to apply.
@tazio Don't worry man. I am not discouraged. I took the decision after several factors. When I meant competition, I meant it in the international sense. Of course, no matter where you go, you will have competition from the locals. That is given. What I meant was that compared to the US and the UK, international students for MBA are less, hence I meant less competition. Again, if you tend to include the MS students, then this increases. Also, this tax rate is news to me, but I guess we have to live with it.
Of course, wherever you go, you will have to realize that you are not a native, and that will always be there, especially in mainland Europe where people are more sensitive than the US or UK. But we have to live with that and frame ourselves accordingly.
@Naman.tuteja: After how many days of submitting your case study you got a call for the second interview?
Around 4-5 days if I remember correctly.
@naman.tuteja congratulations naman..i m also applying to mannheim. it was nice to see a thread for mbs at pagalguy. i tried to research about the work exp of class but in vain.
do u have any idea regarding it..
i am a dentist looking for career switch and
gmat score is 720 (q:49 and v:40)
work ex: 14 months 
i am skeptical regarding my work ex...can u help me out
@GARIMA36 Thanks Garima. Well you can get the average data from their brochure itself.
Average Age - 29
Average Exp - 5 years
This data as I mentioned, I got from the brochure however I have more data (year wise averages) in my pc at home. I got it from Mannheim admission team. Will provide you once I reach home (currently in office).
Yes your experience is on the lower side but your GMAT would compensate for it. And as you know, the B-schools definitely look for variety and you have a completely different profile with an excellent GMAT. So go for the kill :)
All the best and do let me know in case you need any more info during the admission process.
@naman.tuteja thanx naman for such a prompt reply. your reply was quite encouraging. i have just started with my application process so i guess i need to speed up. n thanx for help will post my queries.
@GARIMA36 couldn't find the year wise data however what I provided earlier was for 2011/2012 batch. For 2012/2013 (current batch) the average age is 29 and average exp is 6 years (got this from a current student). Hope it helps. Cheers...
@naman.tuteja the data doesn't look cheery enough .. anyways i don't want to lose hope.. will give a sincere attempt..do you know any group of mannheim students of alumni so that i have a better knowledge of sectors they are working in...
.. anyways i don't want to lose hope.. will give a sincere attempt..do you know any group of mannheim students of alumni so that i have a better knowledge of sectors they are working in...
@GARIMA36 yeah try from your side. Sorry don't know any group as such but I do know that there are groups on Facebook. I remember seeing the current batch as well as previous batches there. I just have only one alumni contact (my classmate from school) who completed in 2011 and is currently working in the automotive industry.
@naman.tuteja no issues..i found one at LinkedIn. just one more question if you can help - right now i am not able to decide between consulting and operations. I read a post on mba from mannheim in which placements in consulting sector was the greatest. is it that the college is really good only if you want to take up consulting as career otherwise chances for good placement in other sectors are bleak.
thanx in advance
@GARIMA36 Hello....I have a detailed document with complete class profile of the 2011/2012 batch and I assume that data would answer your question :) u can msg me ur email id and I will send you the same.
Any one else in the admission process or got admitted to Mannheim. Just trying to reach out to people so that we can sync up before reaching a foreign land.
Cheers.
Hi Naman and vikr84,
I have got an invite for 2nd round of interview.
Request you to share your interview exp and advise.
Thanks for helping out.
@adi_nirvana congrats buddy.....second interview would be more or less based on the same questions however there would be more specific discussion on ur case study and why/how u think xyz is right/wrong. Plus some outside questions related to the company in ur case study but that question would not be a part of the study itself (mine was a marketing one) . There would be more behavioral questions, they will put u in a random situation....
also one thing i specifically remember....do go thru the course structure of MBS....there might be a question on what topic u would chose for the social activity. I had done some research, hence it helped. it's better to know that this is a part of their curriculum rather than say u are not aware of it.
Hope that helps. All the best.
When is it planned for ?
@@naman.tuteja Thank you for the pointers. Interview is planned on March 4th. My case study was also a marketing one. Thanks again!
cleared the first round of interview..
@naman.tuteja any pointers on how to prepare for the case study.
@sayanddude here is the info that I shared earlier in the page. Hope it helps.
I was asked to answer the questions at the end of the case study. Therefore applied the analysis I did to answer them....
well case study is an important part in Mannheim application process. In fact it was the first time I was working on it so I really enjoyed it....required some hard work as well
Case studies are the most interesting part of the entire admission process and I am sure it would be a challenging task if you haven't worked earlier with any case studies. First of all, I am not sure what kind of case study you would be assigned, but for solving any case study it is important to read the entire case study multiple times. Make sure that you have got hold of everything that is mentioned in the case study. Next, search on internet, read the relevant books for getting the basic concepts clear. For eg. I had a marketing case study, so I used the marketing books to know the concepts and theories. Once you know the concepts, then put up your analysis. The program management would be more interested in how you approach the case study, what are your ideas like, if you have done proper research or not, etc. It is known fact that the applicants are working on case studies for the first time so the program management would not look for technicalities but just an overview of your analysis. It is always good to show your analysis with the help of diagrams, figures, stats, etc.
I was asked to answer the questions at the end of the case study. Therefore applied the analysis I did to answer them....