Jobs & Finances
... are an important components of your career. The faculty recommends to pass at least one internship during the studies. The perfect time period for an internship is the semester break. In case of longer internships (e.g. one semester), you can take a semester off. In the latter case, you must submit an application. Detailed information about this issue is given in the Matriculation Guidelines, §11.
Please note that completing an internship is not a compulsory requirement to earn an academic degree at the Faculty of Economics and Management. Furthermore we would like to inform you that the study programs at the faculty are full-time study programes and participation is strongly recomended.
Important links to find numerous internship offers:
Internships abroad (ERASMUS, RISE, , IAESTE, AISEC, GIZ, Carlo-Schmid Program,...)
OVGU Career Center
OVGU Announcments
Important links to find numerous job offers:
For financing the study program or to gain practical experience students may look for a student job in Germany. However we would like to advice all students to observe the visa and tax regulations. For internationals we recommend to study the does and don'ts given at the DAAD portal . For German and EU citizens we recommend this link
Furthermore we would like to inform you that the study programs at the faculty are full-time study programes and participation is for a successful examination strongly recomended.
FWW Student Jobs
OVGU Job Announcments
Job Announcments of the State of Saxony-Anhalt
Bundesagentur für Arbeit
Mini Jobs
Studenten Jobs
University scholarships (the Deutschlandstipendium) are available from the beginning of the third semester for extraordinary students (academically and voluntary social engagement). However, there also exist certain job offers for students on campus from the third semester on.
Apart from the Deutschlandstipendium, talented and social engaged students have the chance to be awarded a scholarship from a foundation. It is open to enrolled OVGU students and given after a ranking procedure of all applications. You can find complete, detailed information about your opportunities and eligibility at: http://www.mystipendium.de/
BAföG (Berufsausbildungsförderungsgesetz) is state provided assistance for students, whose parents cannot finance their living expenses for the study program. It amounts around 900€ per month and must be paid back with no interest following the completion of your studies. It is mainly available to German citizens, but foreign students also have the chance to apply, if they meet certain criteria.
General information and application forms can be found here:
https://www.studentenwerk-magdeburg.de/en/finances/
http://www.mystipendium.de/bafoeg/bafoeg-fuer-auslaender
According to the applicable labor regulations for foreign students, a specific amount of days per year may be worked without the need for a special work permit. Your financial planning should be realistic as it is unlikely that you will be able to support yourself during studies by working. The possibility of having a job alongside studies is limited. Our students are expected to concentrate on the demanding study program. For further explanations about work permission please check out the DAAD homepage.
Flyer: Working as an International
The OVGU is offering limited International Career Service. Please find all information on the website of the Career Service HERE Registration is generally requied. First come -first serve.
Students are allowed to work during their studies in Germany. It is a way to help finance your living expenses. Please be aware that German language knowledge (at least B1, better fluent German B2) is typically necessary when looking for a job. There are many possibilities for the so called mini-jobs, mainly in the service sector or as a student assistant at the university. Such positions are normally characterized by a weekly workload of approx. 10-15 hours. If you work more, your study performance may be affected. By law, a fixed monthly income of ca. 520 € (05/2025) is free of taxes. Citizens of the European Union have completely free access to the job market. For other international students, a student visa allows its holder to work 120 full days or 240 half days per year. If you are willing to work more, you should apply for a special permit at the “Agentur für Arbeit" (Federal Employment Agency) or talk to the resonsible assistant in the International Office, building 01. Please always observe visa regulations strictly.
https://www.ovgu.de/deutschlandstipendium.html
https://www.ovgu.de/stipendien
https://www.ovgu.de/Forschung/Beratung/Forschungsf%C3%B6rderung/F%C3%B6rdermittelgeber/Stiftungen.html
https://www.ovgu.de/Forschung/Beratung/Forschungsf%C3%B6rderung/F%C3%B6rdermittelgeber/Stiftungen/Vertrauensdozent_innen-p-120378.html
https://www.daad.de
https://www.bildungsserver.de/hochschulbildung/stipendien-und-finanzierungsmoeglichkeiten-fuer-graduierte-1722-de.html
https://www.bildungsserver.de/stipendien-und-foerderprogramme-fuer-graduierte-ausschliesslich-fuer-frauen-1752-de.html
https://www.mystipendium.de/
https://www.stiftungen.org/startseite.html
A compulsory internship is not scheduled during the bachelor's and master's programs at our faculty. However, it is highly recommended by the faculty to be prepared for the German job market. Especially during the longer semester break in the summer, students may do an internship and apply the theoretical knowledge in the job market, or they apply for a semester break.
Please be informed, that it is not possible by law, to gain credit points from an internship for the study program, as it is not included in the study program regulation and program structure.