Berlin is unlike any other city in the world. Having survived the tumultuous years of World War II and the rise and fall of the Berlin Wall, its rich history has helped to transform it into the epicentre of business, culture, politics and tourism that it is today.
With one of the largest economies in the world, a hugely successful start-up community, excellent Intercity and international travel connections, and a reasonable cost of living, it has become a hot-spot for students, entrepreneurs and young professionals who come to Berlin to learn and do business.
In 2018 QS ranked Berlin 7th for best student cities in the world, and with a flourishing cultural scene comprised of more than 50 theatres, 3 opera houses, 2 symphony halls, 150 museums and countless cosmopolitan bars and restaurants, it’s the perfect place for students to make the most of their downtime between classes.
As well as being the European Union’s second largest city, Berlin hosts hundreds of dynamic small businesses, particularly tech companies such as Rocket Internet, SoundCloud and Splash, and is home to well-established international businesses such as Siemens, Deutsche Bahn and Sony.
This means there is a wide range of opportunities available for graduates and professionals, as well as support for new entrepreneurs.
As the capital of Germany - the 4th largest economy in the world - Berlin is a major international center of business, research, tourism and creative industries.
Attracted by low rents and a high level of investment opportunities, Berlin is now home to one of the biggest start-up communities in the world - second only to Silicon Valley, U.S.A.
Berlin is known to have one of the best connected and most efficient transport systems of any major city in the world, as well as being an international hub for flight and rail travel.
Berliners are known for their unique outlook on life – they care less about the small things, interfere less in other people’s business and focus on enjoying life more.
Living expenses in the city are far cheaper than many other popular student destinations such as London, Sydney and Toronto.
Below you will find information on the cost of living as a student in Berlin.
Please note, the table below is an average estimate only and your personal experience may differ from this.
Expenses estimated amount per moth:
*(health insurance, medication, consultations)
Average total from €830 to € 1475.
All students on an academic course for undergraduate and postgraduate will need to ensure they have/bring the below:
A laptop with the minimum following specifications:
- CPU: Intel i3 or AMD Ryzen 3 (at least)
- RAM: 4GB RAM (at least)
- HDD: 128GB SSD (at least)
- S.O: Windows 7 (at least)
Find out more about how to apply for student accommodation in Berlin.
Contact the landlord and reserve the property. A multilingual customer service team are there to support you every step of the process.
The agreement is signed during check in. All students have to register their residence in Berlin within 14 days after they have moved into their accommodation.
Ambitious professionals and graduates flock to Germany, as it is one of the best countries in which to learn and do business.
It currently has one of the lowest levels of unemployment in the EU (recorded at 3.8% in January 2017), and the economy is likely to remain strong because of the unique combination of innovation and competition within the German business environment.
Germany's reputation as a leading country for business is well-deserved; in addition to a flourishing start-up scene in Berlin, Germany is home to many famous multinational brands, such as Volkswagen, Adidas, Hugo Boss, and Nivea.
Once you arrive in Germany, every student has to sign up for German Health Insurance, as health insurance is mandatory in Germany.
In Germany we have Public Insurance (statutory health insurance, gesetzliche Krankenversicherung) and Private Insurance.
In general, all students are obliged to sign up with public health insurance. The only exceptions for signing up for private health insurance are if you are over the age of 30 years or if you are studying in cooperation with CUC. In those cases you have to choose private health insurance.
BSBI has a partnership with DAK, the third largest public health insurance provider in Germany. We have a dedicated contact person at DAK, Mr Thomas Schad, who can assist you with signing up for your public health insurance. They offer excellent benefits and professional services to people of all ages, background, and nationalities. For those who rarely visit the doctor, take a look at the DAK Fit & Cash tariff. If you do not claim any benefits, you will receive one month's contribution you paid towards health insurance back as a bonus in the following year.
You can e-mail or contact person, Herr Thomas Schad, via Email and he will be able to guide you through the necessary steps and documents.
You can also sign up via the online form: Click here!
The monthly contribution for any public health insurance is around 110€.
If you’re a student from the EU or EEA and already possess insurance in your own country, your existing plan may be accepted by German health companies.
Similarly, if you’re the owner of a European Health Insurance Card which is recognised in Germany, you don't need to register for insurance in Germany. If this is the case, you will receive a certificate stating you are exempt from German insurance.
Germany has strong banking infrastructure and opening an account should be a swift process for you. It’s up to you whether you want to start this process at a bank branch or online. However, if your German speaking skills aren’t the best, it’s best to go to a branch.
Documents to take with you:
The four largest banks in Germany are Deutsche Bank, Commerzbank, Postbank and Hypovereinsbank.
If you bank with one of these, you can withdraw cash at the ATM’s of the other three for free. It’s likely you will opt for a current account. This will allow you to:
The amount you are required to pay into a blocked bank is €10,236.
This is one of German’s most recognised landmarks, and is believed to represent European peace and unity.
The Reichstag was built in 1894 to host the German government. The building is still used today by German politicians.
Parts of the Berlin Wall still stand today, as a reminder of how the nation once stood divided, and is now united.
The magnificent dome of the Cathedral Church (Berliner Dom) is one of the main landmarks in Berlin’s cityscape and is steeped in history.
Berlin’s Museum Island (Museumsinsel) has an outstanding ensemble of five world-renowned museums and has been designated a UNESCO World Heritage Site.
Due to Berlin’s diversity, the city hosts an annual multicultural festival over the Whitesun weekend.
The marathon is 42km and takes place in September. 30,000 people, including professional athletes participate for charity. Photo Credit: ©SCC EVENTS/camera4
Every autumn, artists and art dealers from around the world gather here to visit this international fair which displays the best of contemporary art.
Germany is well-known for its Christmas markets which are held across many cities. Berlin’s market is one of the most well-liked ones.
This annual festival brings the best of the international film industry to Berlin, showing the latest and greatest of the world's movie talent.
This is one of Europe’s busiest traffic intersections and the business center of Berlin.
This is Berlin’s most popular park and includes a city garden and a zoo. It’s the ultimate place for relaxation after a day of studying!