TUM MiM Fees

Overview

If you’re planning to pursue a Master in Management (MiM) at the Technical University of Munich (TUM), understanding the total cost is essential. As one of Germany’s top universities, TUM offers a globally recognized management education that combines academic excellence, innovation, and affordability.

Compared to other leading business schools across Europe, TUM MiM fees are highly competitive. However, international students especially those outside the EU should plan carefully for tuition fees, living expenses, health insurance, and transportation to ensure a smooth study experience.

Let's learn more about TUM MiM Fees.

TUM MiM Fees

The Master in Management (MiM) program at Technical University of Munich costs approximately €13,000 per year. This competitive fee structure makes it one of the most accessible high-ranking programs in Europe for international students seeking a solid business foundation.

For other TUM programs, undergraduate courses generally range between €2,000–€3,000 per semester, while postgraduate programs typically cost €4,000–€6,000 per semester. The exact amount may vary based on the program duration, specialization, and academic credits.

These fees cover access to lectures, research seminars, academic facilities, and professional workshops designed to enhance both managerial and analytical skills.

To explore up-to-date program fees and payment details, you can visit the official TUM Tuition Navigator.

Cost of Living in Munich

Living in Munich offers a mix of culture, safety, and high-quality amenities, though it remains one of Germany’s pricier cities. International students should budget wisely to manage living costs effectively. Below is an estimate of monthly expenses you can expect while studying at TUM:

Housing is often the largest expense, especially near the city center. Students are encouraged to explore TUM Student Housing Services early for affordable dormitories or shared apartments.

Additionally, public transportation in Munich is efficient and cost-effective, with student discounts available on monthly passes through the Munich Transport and Tariff Association (MVV).

Scholarships & Financial Aid

The Technical University of Munich is deeply committed to supporting talented international students through numerous scholarship and funding options that can help offset tuition and living expenses. Both government-backed and non-governmental organizations provide generous financial aid for students enrolled in the TUM MiM program.

Government Scholarships

1. DAAD Scholarships

The German Academic Exchange Service (DAAD) offers a wide range of funding opportunities for international students, including those pursuing the TUM MiM. These scholarships can cover full tuition, accommodation, and travel expenses, making them ideal for academically strong candidates.

2. Deutschlandstipendium

The Deutschlandstipendium is a national initiative that supports outstanding students with a €300 monthly grant, along with access to mentorship and career networking programs.

Non-Governmental Scholarships

1. Friedrich Ebert Stiftung

This scholarship recognizes students with strong academic performance and social or political involvement. It provides funding for tuition, study materials, and health insurance. More details are available on the Friedrich Ebert Stiftung website.

2. Heinrich Böll Foundation

The Heinrich Böll Foundation supports international students excelling in sustainability, innovation, and STEM-related fields. It typically covers tuition and living expenses.

3. Konrad-Adenauer-Stiftung (KAS)

The Konrad-Adenauer-Stiftung (KAS) provides scholarships to students who demonstrate exceptional academic achievements and leadership potential, often covering living and travel expenses.

4. Bayer Foundations

Students pursuing innovative research can apply for support from the Bayer Foundations, which fund living costs and project-based expenses in management and science disciplines.

Conclusion

The Master in Management (MiM) at Technical University of Munich is a smart investment for students seeking world-class education at a reasonable cost. With affordable tuition fees, a wide range of scholarships, and excellent living standards, TUM continues to attract ambitious learners from around the world.

By planning your TUM MiM fees and living expenses carefully, you can make the most of your academic journey and enjoy the vibrant lifestyle that Munich offers.