Coburg University, Germany, Announces Its First Collaboration in India with Manav Rachna to Launch a Dual MBA in Financial Management

Faridabad, India / Coburg, Germany, 17th November 2025: In a significant step toward strengthening international academic collaboration, Manav Rachna International Institute of Research and Studies (MRIIRS) and Coburg University of Applied Sciences and Arts, Germany have signed a partnership agreement to launch a Dual MBA Degree Program in Financial Management.

This marks Coburg University’s first formal partnership with an Indian university, opening doors for student exchange, joint teaching and research, and a stronger presence in the dynamic Indian education market.

Students enrolled in the program will study at both institutions—spending the first year at Manav Rachna in India and the second year at Coburg University in Germany. Upon completion, they will earn two MBA degrees, gaining academic insights from two distinct yet complementary educational environments.

The program is tailored for professionals with at least two years of work experience, preferably in finance. It blends academic learning with a six-month internship in Germany, offering hands-on exposure to international financial systems and practices.

A professor from Manav Rachna has already committed to teaching a new elective module in Financial Management, underscoring the depth of collaboration and shared academic goals. Discussions are also underway to expand the partnership to the Bachelor’s level within Coburg’s Faculty of Business and Economics.

Prof. Dr. Victor J. Randall, Senator and Member of the University Council and Director, MBA Program Financial Management, Department of Business and Economics, Coburg University, Germany said, “This collaboration connects two institutions that share a commitment to academic excellence and practical learning. The MBA in Financial Management enhances students’ analytical and leadership capabilities and prepares them for rewarding international careers in a rapidly evolving financial world.”

Highlighting the impact of the partnership, Dr. Sanjay Srivastava, Vice Chancellor, MRIIRS, shared, “This association reflects our vision to create globally competent professionals. The Dual MBA Program offers students the opportunity to learn from two strong academic environments and gain hands-on experience in Germany’s thriving financial sector. It represents a significant step in Manav Rachna’s journey toward deepening international collaboration and advancing career-oriented education.”

Students pursuing the program can apply for DAAD (German Academic Exchange Service) scholarships, helping to offset tuition and living costs during their studies in Germany. The partnership also promotes faculty exchange and joint research, encouraging shared academic growth between both institutions.

Dr. Meenakshi Khurana, Executive Director, International Affairs and Collaborations, Manav Rachna Educational Institutions, added, “The collaboration with Coburg University is part of our broader commitment to building strong international ecosystems for our students and faculty. By linking academic learning with real-world experience in Europe’s financial hub, we are helping learners develop the confidence, cultural understanding, and professional networks needed to thrive in a global career landscape.”