Coburg University (Germany) and Manav Rachna launch dual MBA in Financial Management

Manav Rachna and Germany's Coburg University of Applied Sciences and Arts have partnered to launch a prestigious Dual MBA Degree Program in Financial Management. This strategic collaboration offers management aspirants a unique opportunity to gain two internationally recognized degrees while studying for one year in India and one year in Germany. The program includes a mandatory six-month internship in Germany, providing invaluable global finance experience. It is tailored for working professionals with at least two years of experience. This dual qualification significantly enhances career prospects in the competitive global financial sector.

In a significant move to create truly globally competent professionals, Manav Rachna International Institute of Research and Studies (MRIIRS), India, has announced a landmark partnership with the highly-reputed Coburg University of Applied Sciences and Arts, Germany. This collaboration introduces a Dual MBA Degree Program in Financial Management, offering a comprehensive, two-year curriculum that blends the academic strengths of both countries.

​This dual degree is a powerful credential, providing students with academic insights from two distinct, yet complementary, educational environments. It is meticulously designed for ambitious individuals seeking to master the complexities of strategic finance and corporate leadership on an international scale.

• ​Program Structure: The two-year program follows a split campus model: 
  • ​Year 1: Students complete their studies at the Manav Rachna campus in India, building a foundational and advanced understanding of management principles and financial expertise.
  • ​Year 2: Students move to the Coburg University campus in Germany, focusing on the specialised German curriculum, including core modules like Corporate Finance, Risk Management, and Financial Markets and Institutions.
• ​Dual Qualification: Upon successful completion, students are awarded two separate MBA degrees—one from Manav Rachna and one from Coburg University.
• ​Target Audience: The program is specifically tailored for working professionals with a minimum of two years of relevant professional work experience, preferably in the finance or business sector, highlighting its focus on experienced candidates.

​ Career Advantage: Global Exposure and Financial Expertise

​The primary draw of this dual degree lies in the unparalleled career and academic benefits it offers, positioning graduates for CFO-level responsibilities and leadership roles in multinational corporations. The study location in Germany, Europe's economic powerhouse, coupled with a deep Indian perspective, provides a competitive edge in the job market.

• ​Mandatory German Internship: A critical component of the program is a six-month (20-week) mandatory internship in Germany with top German or international companies. This provides essential, hands-on exposure to European financial systems, regulatory practices, and global corporate finance environments.
• ​Post-Study Work Visa: Graduates of this program are eligible to apply for the Post-Study Work Visa (PSW) in Germany, which offers a pathway to launch an international career in the thriving German financial sector.
• ​Advanced Curriculum: The German segment of the course provides specialised knowledge in high-demand areas: 
  • ​Strategic Corporate Finance
  • ​Treasury and Risk Management
  • ​Investment Decision-Making at a Global Scale
  • ​Access to State-of-the-Art Resources like the Coburg University Bloomberg Lab and the opportunity for Bloomberg Certification.
• ​Scholarship Opportunities: Students pursuing the program may be eligible to apply for DAAD (German Academic Exchange Service) scholarships, which can significantly help in offsetting tuition and living costs during their time in Germany.

​ Admission and Eligibility Criteria for Aspiring Candidates

​Securing a seat in this exclusive Dual MBA program requires meeting the specified admission and eligibility criteria set by both institutions. Candidates are advised to prepare their applications meticulously to meet the high standards of this international degree.

​Manav Rachna (Year 1) Eligibility Requirements:

• ​Academic Qualification: A Bachelor's or Post-Graduation degree in any discipline with a minimum of 50% marks, or completion of professional qualifications like CA, ICWA, or CS.
• ​Entrance Exam: Shortlisting is based on scores from national-level entrance tests such as CAT, MAT, XAT, or an equivalent test, followed by a Group Discussion (GD) and Personal Interview (PI).

​Coburg University (Year 2) Eligibility Requirements:

• ​Academic Qualification: A Bachelor's degree (preferably in Business, Commerce, or Economics) with a minimum 2.5 GPA on the German scale or a four-point scale.
• ​Work Experience: A minimum of two years of full-time professional work experience is a prerequisite.
• ​English Proficiency: Candidates must provide proof of English language proficiency with valid scores from tests like: 
  • ​IELTS: Minimum score of 6.5
  • ​TOEFL iBT: Minimum score of 80
• ​GMAT/GRE: While not mandatory, GMAT/GRE scores are recommended, especially for students from non-business academic backgrounds (e.g., Engineering, Science) to strengthen their application.

​The application process is composite, involving a review of academic performance, entrance test scores, the mandatory work experience, and a final selection through interview and group discussion.

​Conclusion

​The launch of the Dual MBA in Financial Management by Coburg University and Manav Rachna marks a pivotal moment in Indo-German academic relations and provides an exceptional opportunity for Indian management aspirants. The program is a game-changer for those aiming for high-impact international careers, offering the best of both worlds: robust foundational training in India and advanced, practical exposure within the European financial ecosystem. This dual degree is not just an educational qualification; it's a strategic career investment that promises a high return on global employability and leadership development.

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