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Find the Best Student Accommodation near Munich Business School

Where can you find student accommodation near Munich Business School?

Munich is considered the most expensive city in the country for students. Quite recently, the average monthly rent for a room in a shared apartment (WG) has recently increased from €720 to €750. In order to find accommodation more easily, most of the students rely on University Living. We are known for simplifying the entire booking process by offering verified properties to help students avoid rental scams, provide multi-lingual lease support, and give access to a trusted global network with 2 million rooms across 5.5k+ universities.

Furthermore, choosing a student accommodation near Munich Business School means living close to the famous Theresienwiese fairground, which is best known for hosting Oktoberfest. With us, one also gets the opportunity to opt for various room types such as studios, non-ensuites, ensuites, and shared apartments. It also includes essential facilities such as high-speed Wi-Fi, laundry facilities, and social study spaces, making everyday student life more comfortable.

To make transition process easy, students can opt for ULInfinity services. It includes flight bookings, overseas bank account setups, pre-activated SIM cards, local health insurance, and custom doorstep bedding kits. Some of the top Munich Business School accommodation options include Vonder Munich, starting from €1,195/month.

About Munich Business School

Munich Business School (MBS) was founded in 1991 and was initially called "EBA München," as part of the European Business Schools International. Over many years, the school has developed a good reputation. It became the first private institution in Bavaria to receive unlimited institutional state accreditation by the German Council of Sciences and Humanities, which is now one of the most authoritative private business schools in Germany. The university operates in Munich on a modern campus on Elsenheimerstraße Street in the Munich-Laim district. Nowadays, more than 2,000 students are studying at MBS.

In addition, MBS has received numerous prestigious accolades and recognitions. It is currently ranked #1 among German private business schools according to Wirtschaftswoche and in the top 5 according to the SZ Institute. It also holds the prestigious AACSB accreditation, which is only given to 6% of business schools worldwide. The university's performance in international rankings is also commendable. It ranks #151-200 in the world for full-time MB and #51-60 in Europe according to QS World University Rankings and is also recognized in the Global Tier One MBA Rankings of CEO Magazine.

It is also known for offering career-focused business programs. Some of its most popular courses include a bachelor's degree in international business, a master's in international business, a master's in Innovation & Entrepreneurship, and an MBA in General Management.

Top Student Accommodation Near Munich Business School

When you live in student housing near Munich Business School, it usually means the rooms in the city are safe and 100% verified. The monthly fee here normally covers the costs of utilities like high-speed Internet, electricity, heating and water, so there is no need to worry about paying separate utility bills or sudden increases in expenses. Most of the student accommodation in Munich also provide access to fitness centers, gaming facilities, and fully equipped kitchens.

Here are some of the best-known Munich Business School student accommodations:

THE FIZZ, Munich

  • Address: 80637 Munich-Neuhausen-Nymphenburg, Germany

  • Distance from University: 12 minutes' drive away from EU Business School

  • Nearby Attraction: Nymphenburg Palace, Hirschgarten Beer Garden, Botanical Garden and Maxvorstadt

  • Top Amenities: Study room, games area, lounge area, bicycle storage, community events, car parking and washing machine

Vonder Munich

  • Address: Clarita-Bernhard-Straße 16, 81249 München, Germany

  • Distance from University: 15 minutes' drive from EU Business School

  • Nearby Attraction: Café Sicily, Park Freiham, Paul-Ottmann-Zentrum, Restaurant Sayram and Cineplex Germering

  • Top Amenities: Outdoor courtyard, underground parking, gym, ping pong table, fully-fitted kitchen, and co-working area

Boardinghouse Munich Central Station

  • Address: Bayerstraße 55, 80335 München, Germany

  • Distance from University: 5 minutes' drive away from EU Business School

  • Nearby Attraction: A Little Lost, Personio Kitchen & Bar, Alter Botanischer Garten, Rundfunkplatz and Glyptothek

  • Top Amenities: Cleaning, dryer, washing machine, microwave, dining table, windows, bed linen and refrigerator

Cost of Living for Students near Munich Business School

The cost of living for students near Munich Business School is usually around €1,100 to €1,600 per month. This amount is not always fixed, as monthly expenditures vary depending on the type of student accommodation in Germany and an individual's spending habits. However, there are many ways to reduce the cost of living, for instance, by choosing to live in shared apartments as opposed to studio apartments, and by taking advantage of the Deutschlandticket for unlimited travel on local trains, buses, and metro. In addition, students can purchase used furniture and home appliances on websites such as eBay Kleinanzeigen.

Below is a breakdown of monthly expenses in Munich near the campus:

Expense Category

Average Monthly Cost (€)

Rent & Utilities

€700 – €1,000

Food & Groceries

€150 – €250

Health Insurance

€110 – €160

Public Transport

€43

Internet & Mobile

€20 – €30

Leisure & Miscellaneous

€100 – €150

Total Estimated Budget

€1,123 – €1,633

For those who want to plan their monthly expenses more accurately, they can use the University Living's Cost of Living Calculator. This will help create a personalized budget.

Munich Business School Tuition Fees

If you are planning to pursue your studies at Munich Business School, you should be well-prepared financially. The university has fixed the tuition fees, and it also allows students to pay their tuition in installments on a term basis or even monthly. Following are the details of the same:

Academic Program

Total Program Fee (€)

Bachelor in International Business

€44,940

Master's Programs (MIB, M.Sc.)

€25,740

MBA in General Management

€32,000

Best Areas Near Munich Business School for Students to Live in

The city of Munich is known for integrating cutting-edge technology and business with historical Bavarian style. It is also one of the foremost economic centers in Germany and is popular among tourists, with over 8.5 million overnight visitors and 30-million-day trippers. The tourism industry in the city brings over €8 billion to the economy of Munich every year. When choosing student apartments around universities, students have to be careful about selecting the right combination of factors, including place, budget and lifestyle. Here are some of the top areas in Munich:

1. Laim

It is a tranquil and warm residential area which is very popular with students who prefer living in comfortable and calm surroundings. The area has good transport links and is home to Munich Business School on Elsenheimerstraße, enabling students to reach the campus in less than 10 minutes and thus saving money on transport. Student flats here usually range between €700 and €950 per month. The district is situated almost 4.5 km west of the historical center of the city (Altstadt). Famous places located nearby include Ristorante L'Ancora, Café Steinchen, and Westpark, a green park covering 150 hectares.

2. Maxvorstadt

Home to both Ludwig Maximilian University (LMU) and the Technical University of Munich (TUM), this area is characterized by a lively student atmosphere. The community here has more than 120,000 students who make up 25% of the district's inhabitants. Accommodation prices in Maxvorstadt are considerable because of its central location, with rent starting from €850 and rising to €1,200. Maxvorstadt is situated at a distance of 1.5 miles from the city center, and students can reach Munich Business School using U-Bahn in no more than 15 minutes. The most famous places to visit in the district include Pinakothek Museums and Königsplatz.

3. Schwabing

As one of Munich's most famous neighborhoods, it is known for its artistic and stylish atmosphere. It has beautiful tree-lined streets, boutique shops, and a rich cultural history. Famous personalities such as Kandinsky and Thomas Mann once lived here. Student rooms here generally cost between €900 and €1,300 per month because of its popularity and prime location. The neighborhood is around 2 miles from Munich's old town and offers a direct 20-minute subway journey to Munich Business School. One of the biggest attractions in Schwabing is the 375-hectare Englischer Garten, which is even larger than New York's Central Park. Popular cafes and restaurants in the area include Café Münchner Freiheit, Occam Deli, and Trattoria Seerose.

4. Neuhausen-Nymphenburg

Renowned for its picturesque Wilhelminian-style buildings, historical landmarks, and green environment, this residential area is famed for being peaceful, chic, and serene. Rent for accommodation in this district usually varies from €750 to €1,100 per month, thus representing great value for money. It is situated about 2.5 miles northwest of the city center and directly borders Laim. By using a bicycle or a bus, students can reach Munich Business School in 8 to 15 minutes. Moreover, they can enjoy local spots, including Café Neuhausen, Kuchelverzeichnis, and Hirschgarten, noted for being home to one of the largest beer gardens in Munich, offering more than 8,000 seats outdoors.

Transport Options Near Munich Business School for Students

Munich has an elaborate public transportation system (MVV), one of the finest in Europe. It can carry more than 1.5 million people each day over a 500-kilometer rail network and has an astounding punctuality rate of more than 93%. Its reliability has enabled about 68% of students in Munich to do without a personal vehicle. The city has more than 100 underground stops and over 800 bus stops, making it easily accessible. Thus, international students can move quickly while spending little money on transport. The modes that students use are as follows:

1. The U-Bahn (Underground Subway)

It has a total of 8 main lines that operate between 4 AM and 1 AM. However, on weekends, it runs 24/7. The frequency of the trains is 5-10 minutes, making it one of the fastest transport systems in town. To arrive at Munich Business School, most students prefer to choose the U4 and U5 lines, and their stations of choice are Westendstraße and Heimeranplatz, both not far from the school building. A single-zone ticket usually costs €3.90, but students benefit from the Deutschlandticket Academic (D-Ticket) and can travel free of charge.

2. The S-Bahn (Suburban Overground Trains)

The S-Bahn connects areas outside of Munich and Munich International Airport to the city through the main Stammstrecke railway line. They run every day between 4 in the morning and 1:30 at night. Many students living in cheaper neighborhoods like to take S-Bahn trains to reach Laim Station, where they can find many accommodation options near Munich Business School. The price of a one-day travel pass is about €9.20, but students with a monthly ticket usually do not spend these extra funds.

3. The Bus and Tram Network

The bus and tram services here operate until midnight, after that, the night services come into play. They operate from 5 AM to midnight, and the Nachtlinien service is available thereafter. Buses 62 and 130 provide a connection to the Munich-Laim district, and the stopQ is quite close to the Munich Business School, making it a preferred choice for students. Its ticket costs €1.90 and can be used for upto four stops.

Frequently Asked Questions

We have 24/7 support available.

Are utilities included in the rent for Munich Business School student accommodation?

Of course! When you book a PBSA, the rent normally includes everything like heat, water, electricity, and fast internet service, all rolled into one simple payment, which is called Warmmiete in Germany. In the case of a private apartment rental, however, the utility fees, known as Nebenkosten, are charged separately.

How much is the security deposit for student housing in Munich?

As a rule, the deposit, or Kaution, should equal at least one month of rent and can't exceed three months of Kaltmiete, as per German law. The full amount is returned upon vacating the apartment, unless the place is damaged when you leave.

What does "No Visa, No Pay" mean?

No Visa, No Pay means that if you have planned to attend business school in Munich but the embassy denies your visa application, you can cancel your accommodation booking free of charge.

What documents are required to rent student apartments in Munich?

When renting accommodation in Munich, you need a valid passport, your student visa, an admission letter from the university, and financial guarantee information like a "German Blocked Account," and at times a SCHUFA report or a parent's guarantee.

What types of student accommodation are available near Munich Business School?

There are various types of student accommodations available near Munich Business School, including studios, en-suites, non-ensuites and shared apartments.

Are student flats in Munich furnished?

Yes, the majority of student accommodations that are specially built to facilitate students, and even other properties on accommodation platforms, are furnished. Generally, there is a bed, study table, chair, and wardrobe available for use. However, some of the private WGs may not provide all furnishing which makes it necessary for students to buy their own bedroom items.

Can I view my student room before booking?

Yes, students will be able to enjoy facilities like 360-degree virtual tours, high-definition photo galleries, video walk-throughs and others. Those who are already in Munich can even arrange an in-person visit for viewing.

Are laundry facilities available?

Yes. Most purpose-built student accommodations have on-site laundry rooms with commercial washing machines and dryers. In private shared apartments (WGs), there is usually a shared washing machine located in the kitchen or bathroom.

How far is student accommodation from Munich Business School?

Depending on the location, student accommodation near Munich Business School can be within walking distance (less than 1.5 km) in the Laim district or around 15 to 20 minutes by public transport from central areas such as Maxvorstadt or Ludwigsvorstadt.

What public transport options are available near Munich Business School?

Munich Business School is well connected to the Munich transport network (MVV). Students can easily use the S-Bahn (Commuter Rail) from Laim Station, the U-Bahn (Subway Line U5), as well as several local tram and bus routes to travel between their accommodation and the university.