Die besten Unis für ein BWL-Studium (2023)

Summary

In this video, David Döbele, co-founder of career consulting firm Pumpkin Interiors, discusses the best universities for Business Administration (BWL) studies in 2023. He emphasizes that while attending a top university can enhance career prospects, especially in finance and consulting, it doesn't guarantee success. David highlights four top universities in Germany, Austria, and Switzerland known for their strong BWL programs and alumni success in top firms. He also mentions other reputable institutions and the importance of factors like good grades, internships, and networking. The video aims to guide students on making informed decisions about their university choices for a successful career in business.

Takeaways

• 😀 The video discusses the best universities for a BWL (Business Administration) study in 2023, focusing on the Dach region (Germany, Austria, Switzerland) and some international options.
• 🏛 The top universities for BWL mentioned are WHU (Otto Beisheim School of Management), University of St. Gallen, Frankfurt School of Finance & Management, and University of Mannheim.
• 🎓 Studying at these top universities is not a guarantee for a great job after graduation; students must also achieve good grades, secure internships, and manage scholarships.
• 💼 Top employers do not solely focus on the university's reputation in Germany, unlike in some other countries like the USA, but there are still differences in how universities are perceived.
• 💰 Studying at certain private universities like WHU and Frankfurt School can be expensive, with tuition fees around 50,000 € for a bachelor's degree, but may provide better career opportunities.
• 📚 It's possible to get a good job even from less renowned universities, as demonstrated by the success of students from various institutions who have reached top firms.
• 🔍 The video emphasizes the importance of researching and understanding the recruiting processes of top investment banks and consulting firms, which often have partnerships with specific universities.
• 🌐 The speaker recommends studying at a university that aligns with one's career goals and where one feels comfortable, as the right environment can significantly impact success.
• 📈 Other notable universities mentioned for BWL studies include Goethe University Frankfurt, LMU Munich, EBS University for Business and Law, and WWU Münster.
• 🌍 For those interested in studying outside the German-speaking region, universities in the Netherlands, Spain, Italy, Denmark, and the UK are also recommended, with specific mentions of Maastricht University, ESADE, and London School of Economics.
• 🛠 For students interested in a technical aspect alongside business, the field of Wirtschaftsingenieurwesen (Business Engineering) is suggested, with top institutions like TU Darmstadt, KIT Karlsruhe, and RWTH Aachen.

Q & A

Who is David Döbele and what is his professional background?

David Döbele is one of the founders of pumpkin interiors, a career consultancy for students based in Frankfurt am Main. They have been operating for over three years since January 2020, primarily coaching students in business-related fields.

What is the focus of pumpkin interiors' coaching programs?

Pumpkin interiors focuses on coaching students, particularly those studying business, who aim to build their careers in large banks, consulting firms, corporate startups, and other similar fields after graduation.

What does David mention about the importance of university reputation in Germany?

David mentions that while the reputation of a university is not as emphasized in Germany as it is in some other countries, such as the USA, there are still differences between individual universities. Top employers do pay attention to the reputation of the university to some extent in Germany.

What are the top universities David recommends for a BWL (Business Administration) study program in 2023?

David recommends WHU, University of St. Gallen, Frankfurt School, and University of Mannheim as the top universities for a BWL study program. These universities are known for bringing students to top banks and consulting firms.

What are the potential costs associated with studying at WHU and Frankfurt School?

Studying at WHU or Frankfurt School can be quite expensive, with a bachelor's degree costing around 50,000 euros, often including semester fees between 7,000 to 8,000 euros. However, there are opportunities to reduce these costs through scholarships or free spots for eligible students.

What does David say about the importance of good grades and practical experience in addition to university reputation?

David emphasizes that attending a top university does not guarantee a good job after graduation. Students must also strive for good grades, secure internships, and manage scholarships to stand out in the job market.

What is the significance of university recruitment processes and how do they relate to the choice of university?

David explains that top investment banks and consulting firms often have partnerships with certain universities and business schools, conducting recruitment events on campus. This can make it easier for students from these universities to secure interviews and positions at these top firms.

How does David suggest students evaluate the potential return on investment for expensive universities?

David suggests that students should consider the potential earnings in their future career, as high-paying jobs in fields like investment banking and consulting can quickly offset the costs of expensive education.

What advice does David give for students who may not have the opportunity to study at top universities?

David advises that not attending a top university does not preclude one from finding a good job later. It may require more effort and a longer path, but it is still possible to reach top firms from various universities.

What are some additional universities David mentions for students looking to study outside the German-speaking region?

David mentions universities in the Netherlands such as Maastricht University and Erasmus University Rotterdam, as well as IESE and ESADE in Spain, and universities in the UK like LSE, Oxford, Cambridge, Warwick, and UCL.

What does David suggest for students interested in a technical aspect in addition to business studies?

For students interested in a technical aspect along with business, David suggests studying Wirtschaftsingenieurwesen (Business Engineering) at universities like TU Darmstadt, KIT in Karlsruhe, RWTH Aachen, or TU Munich.