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October 26, 2021Career Growth with an Executive MBA in HoReCa Industry: Why Germany is the Perfect Place to Study.
The Master of Business Administration (MBA) is an internationally recognised degree for working professionals with at least three years of experience in a managerial position. As the Hotel, Restaurant, and Catering (HoReCa) industry continues to flourish, the demand for skilled professionals grows exponentially. An Executive MBA in the HoReCa industry is a powerful platform for those looking to ascend to leadership roles or enhance their career prospects.
German universities are highly regarded, and a degree earned here can help professionals receive better job offers that pay generously. An executive MBA in the HoReCa industry is a great opportunity for professionals to learn and enhance their business and management skills, which help them navigate the complexities of the respected industry. The programmes are designed to provide professionals with the strategic thinking and management skills required to navigate these complex business environments.
Why an Executive MBA in the HoReCa industry?
The HoReCa industry is a fast-paced sector that demands highly adaptive professionals. It comprises businesses like hotels, cafes, and event management companies and requires unique skills. An Executive MBA specialised in the HoReCa industry is tailored to provide a complete fundamental understanding of business management while focusing on trends and specific needs within hospitality, culinary, and catering.
Key Advantages of an Executive MBA in HoReCa
Strategic Leadership Skills: The programme helps professionals develop leadership skills and make strategic decisions that make managing large-scale operations successful.
Specialised Industry Insight: The programmes are designed to cover essential topics such as hospitality management, food and beverage operations, and consumer behaviour analysis. These industry-specialised subjects give the students the skills to thrive in this competitive industry.
Global Networking Opportunities: Germany attracts students from all over the world, making the classroom international. Interacting with peers, industry leaders, and seminars opens doors for you to build connections that will be valuable for propelling your career to new heights.
Why Germany is the Ideal Place to Study HoReCa
Germany has a reputation for being a global leader in education, and their degree is highly regarded everywhere. German universities ensure that the students actively participate in practical learning in addition to focusing solely on textbook study. The key reasons why Germany is a prime location for pursuing an executive MBA in the HoReCa industry are listed below:
- A thriving HoReCa industry: Germany has Europe's fourth-biggest hospitality sector. The HoReCa industry is a booming sector in Germany, further supported by its robust tourism sector and rich culinary practice. With so many high-end hotels, restaurants, and catering companies nationwide, students have ample opportunities to obtain real-world experience. These hands-on experiences guarantee that the students thoroughly grasp the industry, making them ideal job market candidates.
- World-Class Educational Institutions: With world-renowned universities, studying in Germany means access to top-notch education. German educational institutions have cutting-edge facilities, competent academic members, and excellent programmes. Additionally, networking events and career fairs held by a number of German universities assist students in connecting with possible companies and offer priceless chances to launch their careers.
- Cultural Diversity and Innovation: Germany is home to people from diverse cultural backgrounds, exposing the students to various viewpoints and new experiences. This cultural diversity and the country's emphasis on technical innovation and environmental practices provide an ideal environment for discovering new solutions to the difficulties facing the HoReCa business. The German hospitality approach is traditional and forward-thinking, combining classical culinary arts with current techniques and trends. Students benefit from mixing old and modern, obtaining insights that apply to established and rising sectors.
- Affordable Education and Living Costs: Germany's living costs and tuition fees are more affordable than those of Western nations like the United States and the United Kingdom. This affordable cost is another huge benefit of studying in Germany and why it is so popular among international students. The students can get access to world-class education without having to be overly stressed by money. The nation also provides various scholarships and financing options, further lessening the students' financial strain.
- Strong Job Market and Opportunities: Germany has one of the strongest economies, and the job opportunities for graduates are vast. The HoReCa industry is expansive and constantly seeking skilled professionals to fill managerial and executive roles. The graduates are also given the benefit of staying up to 18 months in the country to seek employment. Successful working graduates may also be granted permanent residency, allowing them to pursue long-term careers in Germany.
- Work-Life Balance and Quality of Life: Germany offers an outstanding work-life balance and is constantly ranked top for providing a quality life. The country prioritises the importance of leisure time for personal development. This balanced approach is more visible in the HoReCa sector, as the industry focuses on creating a fun environment for customers and the employees.
- Focus on Innovation and Sustainability: The future of the HoReCa sector depends on innovation and sustainability, both of which Germany excels at. German institutions and corporations are at the forefront of creating new technology and techniques to improve industrial efficiency, customer attention, and environmental sustainability. Integrating technology and sustainable practices is a major trend in the German hospitality industry, from smart kitchens to eco-friendly hotels. Students who study in Germany will be familiar with these tendencies, making them very marketable in the worldwide employment market.
Job Opportunities After MBA in Germany
Getting an MBA in Germany may lead to numerous different career options in a variety of industries. The employment market in Germany, one of the strongest economies in Europe, is strong for MBA graduates, especially in sectors like manufacturing, consulting, finance, technology, and hospitality. An in-depth look at the employment options accessible to German MBA graduates is provided below:
Industry/Sector |
Potential Job Roles |
Key Employers/Companies |
Management Consulting |
Management Consultant, Strategy Consultant, Business Analyst |
McKinsey, BCG, Bain, Roland Berge |
Finance and Banking |
Investment Banker, Financial Analyst, Risk Manager, Corporate Finance Manager |
Deutsche Bank, Commerzbank, European Central Bank |
Technology and Innovation |
Product Manager, Business Development Manager, Strategy Manager |
SAP, Siemens, Bosch, Zalando, Rocket Internet |
Manufacturing and Engineering |
Operations Manager, Project Manager, Supply Chain Manager |
BMW, Volkswagen, Bosch, Siemens |
Healthcare Management |
Healthcare Manager, Pharmaceutical Manager, Medical Technology Manager |
Bayer, Merck, Fresenius, Roche |
Hospitality and Tourism Management |
Hotel Manager, Event Planner, Tourism Development Manager |
TUI Group, Marriott, Hilton, Accor |
Supply Chain and Logistics |
Supply Chain Manager, Logistics Manager, Operations Analyst |
DHL, DB Schenker, Kuehne + Nagel, Maersk |
Entrepreneurship |
Startup Founder, Business Development Executive, Entrepreneur-in-Residence |
Berlin Startup Ecosystem, Munich Startup Scene |
Corporate Leadership Roles |
Chief Operating Officer (COO), Chief Financial Officer (CFO), Chief Executive Officer (CEO) |
Siemens, BASF, Allianz, Daimler |
Sustainability and CSR |
Sustainability Manager, Corporate Social Responsibility (CSR) Manager, Environmental Consultant |
Volkswagen, BASF, Adidas, Henkel |