From zero to living in Germany

Written for students from Nepal. What I’d check first, what it costs, how the visa usually works, and what life looks like after you land.

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Should you go? What to weigh

It’s important to note that these optional tariffs are voluntary, meaning you can choose to purchase them.

Why should I study global finance? Is it worth it? What will I gain from this degree? Does it have scope in 2026?

Lifestyle & environment there

EUR 16560.00

Course: MSc Sustainability Management. Level: Masters.

, Eur

There are a number of programs taught in English in Europe, making it easier for non-native speakers to study there.

Students studying in Canada enjoy a high quality of life with advanced healthcare facilities, multiple job options, safety and security.

Answer: International campuses in Madrid, Paris, and Germany play a key role in student success by offering holistic support services, close connections with local industries, and multicultural learning environments.

Prepare to apply

Exams & entry requirements

WhatAmountDetail
English testIELTS band 6.0Minimum IELTS band required to study in Germany and Australia is 6.0.
  • Minimum IELTS Score 6+ Undergraduate, 6+ Graduate
  • Pearson English Test (PTE) obtain a GSE score of 46 or higher.

Study options & tuition

WhatAmountDetail
Tuition100 EUR – 400 EURPublic universities are funded by the state and usually charge no tuition fees. Instead, you pay a semester contribution (about 100–400 EUR), which often includes a transport ticket.
Housing / rent€ 992 – € 1,300DAAD scholarships do not have to be paid back. They usually consist of a monthly scholarship payment (currently, for example, € 992 for students and € 1,300 for doctoral/PhD students) and a flat-rate…
  • Private universities charge tuition fees, often between 5,000 and 20,000 EUR per year.
  • Programs: Bachelors, Masters, and MBA in international business, arts, and diplomacy.
  • Programs: Bachelors, Masters, and MBA , hospitality, and more.

College options

Schiller International University1.25 · EUR 16560.00 · MBA Int · intakes September
Courses / programs
  • MBA Int
  • Masters
  • Bachelors
  • Master
  • MBA
  • Diplomacy
  • bachelor and master degrees in Schiller International University
Intakes / key dates
  • intakes September
Costing
  • 1.25
  • EUR 16560.00
  • EUR 20700.00
  • EUR 15420.00
Notes
  • Schiller International University - Heidelberg Campus — MBA Int'l Business: duration 1.25 years.
  • Schiller International University - Heidelberg Campus is a university/college in Heidelberg, Germany.
  • Schiller International University - Heidelberg Campus is located in Heidelberg, Germany.
  • Schiller International University - Heidelberg Campus campuses / study locations: Heidelberg.
  • Schiller International University - Heidelberg Campus offers Global Finance MSc (Masters) in Management and Commerce.
  • Schiller International University - Heidelberg Campus — Global Finance MSc: duration 1 years.
  • Schiller International University - Heidelberg Campus — Global Finance MSc: intakes September, October.
  • Schiller International University - Heidelberg Campus intakes include September, October (Global Finance MSc).
  • Schiller International University - Heidelberg Campus — MSc Sustainability Management: duration 1 years.
  • Schiller International University - Heidelberg Campus — MSc Sustainability Management: intakes September, October.
  • Schiller International University - Heidelberg Campus offers MSc Digital Marketing & E-Commerce (Bachelors) in Management and Commerce.
  • Schiller International University - Heidelberg Campus — MSc Digital Marketing & E-Commerce: duration 1 years.
Global UniversityMaster of Business Administration -
Courses / programs
  • Master of Business Administration -
Notes
  • Global Master of Business Administration - (UCA) at Global University Systems (GUS) - Berlin School of Business and Innovation - Berlin Campus
  • Global University Systems (GUS) - Berlin School of Business and Innovation - Berlin Campus
University of Fraser Valley$3209
Costing
  • $3209
Notes
  • | University of Fraser Valley (India Campus) | Special Entrance Scholarship | $3209 |
University of Saskatchewan$500 - $3000
Costing
  • $500 - $3000
Notes
  • | University of Saskatchewan | Guaranteed Entrance Scholarship | $500 - $3000 |
At Schiller International UniversityDetails from collected data
Notes
  • At Schiller International University, we offer transparent tuition rates that include all necessary learning materials, language courses, and…
Australian Catholic UniversityDetails from collected data
Notes
  • Australian Catholic University (ACU) - North Sydney Campus
Central Queensland UniversityDetails from collected data
Notes
  • Central Queensland University - Rockhampton, North Campus
GriffithDetails from collected data
Notes
  • Navitas Group - Griffith College - Gold Coast Campus

Scholarships

WhatAmountDetail
OSHC / health€934 monthly stipend – €110–€130 health insuranceDAAD Scholarships, Heinrich Boll Foundation, Konrad Adenauer Foundation, and University Scholarships 2026 offer fully funded and partial scholarships covering monthly stipend, health insurance…

Money & visa

Cost of going (fees, flights, first year)

WhatAmountDetail
First-year total€11,904 – €992Proof of financial resources: minimum €11,904 per year or €992 per month for the first year.
  • Exemptions from short-stay visa fees include children under six years, family members of German citizens and EU/EEA nationals, students and accompanying…

Visa, funds & must-knows

WhatAmountDetail
Proof of funds€11,904 – €992To obtain a student visa Germany, students must show proof of funds through a blocked account of €11,904, with a monthly withdrawal limit of €992.
Cost detail€11,904Proof of sufficient funds required for German student visa, amounting to €11,904 for each academic year.
  • Proof of your English proficiency is required: TOEFL IBT minimum score of 51.
  • Oxford ELLT English Language Level Test OIDI Level 5 (equivalent to IELTS 5.5).
  • Common visa application documents include a valid letter of enrolment from a recognized educational institution, copy of current passport, passport size…
  • Lastly, apply for your subclass 500 student visa, and you are good to go.

Step-by-step process

  1. 01

    To apply for a Canadian Student Visa, students must start the process 4 to 6 months before classes begin and after they have received an Admission…

  2. 02

    CAD 150 – 85 CAD

    The fee for applying for a Canadian Student Visa is CAD 150 with an additional biometric fee of 85 CAD.

  3. 03

    Unconditional offer letters allow direct application for student visa and enrollment.

Life after you land

Cost of living

WhatAmountDetail
Living costs€770 – €270Estimated Monthly Cost for students in Germany: Housing €770, Food €270, Transportation €35-€82, Telephone €40, Miscellaneous personal expenses €220, Books and supplies €35, Total €1,417
Housing / rentAUD 1,400 – AUD 2,800The average living cost in Australia for an international student ranges between AUD 1,400 and AUD 2,800 per month, and the expenses generally include costs of accommodation, food, phone bills, internet & transportation.
OSHC / health€11,904 per year – €120-€130 per monthYou must also meet visa-related financial requirements, such as the blocked account (around €11,904 per year), health insurance (€120-€130 per month), semester or administrative fees, transportation…
  • Other monthly expenses examples: meal for two at mid-range restaurant €65-€80, meal for one at cheaper restaurant €14-€19, grocery bill approx. €33-€36, utilities for 85m2 apartment €315-€350.
  • The average rent usually ranges from €250 to €900 per month, depending on the city, accommodation type and included facilities.

Housing

WhatAmountDetail
Housing / rent€250 – €450Standard monthly rent fees for various housing choices available in Germany: Student Dormitory (Studentenwohnheim) €250 to €450, Shared Apartment (WG) €300 to €600, Private Student Accommodation €500…
  • City average monthly accommodation costs: Munich €600 to €900, Berlin €500 to €800, Hamburg €500 to €750, Frankfurt €500 to €800, Leipzig €300 to €500.

Health cover

WhatAmountDetail
OSHC / health₹8,00,000–₹14,00,000 per yearTotal cost for an Indian student in Germany in 2026 ranges from ₹8–14 lakh per year, including rent, food, health insurance, transport, and personal expenses.
  • Health insurance mandatory for students under 30 costs approximately €110–€125/month; private insurance for students over 30 costs €180–€250/month.

Work while studying

WhatAmountDetail
Part-time work€12.82 per hourIndian students can work 120 full days or 240 half-days per year (~20 hours/week during semester). Minimum wage is €12.82/hour in 2026.
  • Once you have completed your studies in Australia, you can avail of a Temporary Graduate visa (subclass 485). It allows you to stay back on a post-study work visa upto 5 years, depending on the program of study and the location of the university.

First weeks & settling in

Many universities offer orientation programs, student buddy systems, and various student organizations that help newcomers integrate seamlessly into campus life.

Attend pre-departure sessions organized to help develop an understanding of immigration rules, foreign exchange, insurance, sim card, bank account opening, and adapting to new culture.

Extra notes

More useful notes

€250 – €450 · €400 – €700 · €700 – €1,200+

Rent in Germany for students typically ranges from €250 – €450 for a student dormitory, €400- €700 for a shared apartment (WG), and €700 – €1,200+ for a private apartment.

€280–€600 per month · €450–€900 per month · €750–€1,500 per month

Rent costs vary by city and housing type: Munich student dorm €400–€600/mo, shared flat €600–€900/mo, studio €1,000–€1,500/mo; Berlin student dorm €280–€450/mo, shared flat €450–€700/mo, studio €750–€1,100/mo.

CAD 2,000 · CAD 2,500

Based on these factors, it costs approximately between CAD 2,000 and CAD 2,500 for them to live in any city across the country.

Rules and fees change. Confirm the latest numbers on official sites before you apply.

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