With one of the lowest unemployment rates globally, Germany is among the most productive economies in the world. According to the latest World Population Review report, Germany’s unemployment rate is 3.80 per cent. The Statista report suggests that the annual unemployment rate in Germany between 2005 and 2022 is 5.1 per cent. Automobile manufacturing, information technology, digital marketing, pharmaceuticals, and healthcare, all these industries significantly contribute to Germany’s robust economy. Thus, Germany requires workers in large numbers to help its economy bloom.
According to the Skilled Immigration Act, Germany requires more than 400,000 qualified professionals to come to work in the nation. In addition, the average salary of skilled professionals in Germany is more many developed nations. As per the salary explorer, a working professional in Germany makes around EUR 3,810 per month. The lowest average salary in Germany is EUR 960 per month, whereas the highest average salary is EUR 17,000 per month. The average salary in Germany is EUR 42.5 thousand annually, Statista suggests. However, the wage of individuals dramatically varies based on age, experience, industry, skills, geographical location, and total working hours. Thus, many international students consider masters in Germany.
Now, we delve into the compelling reasons behind making Germany an attraction for international students. Read on to understand why Germany is a popular choice among international students to study for a master’s.
Reasons to choose Germany for a master’s degree
Here are the top reasons why you should consider pursuing a master’s in Germany:
Germany is a hub of reputed universities
Germany is home to many top-notch universities worldwide, well-known for offering globally recognised master’s programmes. These educational institutions have advanced technologies, a cutting-edge curriculum, seasoned faculties, and excellent research facilities to provide students with a world-class experience in education. These reputed universities also offer scholarships to students to remove their financial barriers.
The cost of living in Germany is comparatively low
Studying in Germany is relatively more affordable. Acquiring education abroad requires a reasonable sum of money for basic survival, but Germany is good in terms of cost. Many public universities in Germany do not even charge tuition fees to students. In addition, the capital of Germany, Berlin, is a student-friendly city that gives accommodation at a meagre cost.
German companies offer a competitive salary
With a booming economy and progressive culture, Germany homes several leading multinational and national companies. Plus, Germany’s Berlin is famous for multiple tech start-ups. These MNCs and tech start-ups hire fresh graduates of German universities. The salary offered to graduates in Germany is also comparative higher than the industry standard for that specific job.
Chiefly, Germany offers post-study work visa facilities to international students. It is one of the most compelling reasons behind the attraction of international students in Germany. Under this policy, international students can stay in Germany for up to 18 months after competing for their degrees to find a job related to their studies. They can also apply for a visa extension after completing an 18-month term. Isn’t pursuing a master’s in Germany a better return on investment? So, apply now!
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