Scholarships for MBA Studies in Germany

Browse scholarships you can apply for if you'd like to get an MBA in Germany as an international student.

Oct 20, 2023

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University scholarships Governmental scholarships Major-specific scholarships Privately funded scholarships

Scholarships are a great way to make your studies more affordable, enabling you to concentrate on your academic program without the added stress of tuition and living expenses.

Here's a list of scholarships you can apply for if you'd like to get an MBA in Germany as an international student:

University scholarships

Full-Time MBA Scholarships at ESMT Berlin

Duration: One-off, awarded during the application period
Scholarship Award: €1,000-€6,000 depending on the scholarship
Scholarship Requirements:
- Submit an application (scholarship amount depends on the round you applied for)
- GMAT, GMAT Focus, or GRE scores at the 85th percentile or higher
- submit official German language test results, no older than two years

Mannheim School of Business Scholarships

Duration: Depends on the course
Scholarship Award: 150 EUR per month
Scholarship Requirements:
- Enrolled in a bachelor's, master's, or state examination degree
- Complete your degree within the standard period
Courses or Subjects: Bachelor's, Master's, or state examination degree

RWTH Aachen University Scholarships

Duration: Depends on the course
Scholarship Award: Up to 50% of tuition fees
Scholarship Requirements:
- Varies depending on the specific scholarship; see the overview for more details.

Heidelberg University Scholarships

Duration: Depends on the course
Scholarship Award: $10,000-20,000
Scholarship Requirements:
- Exceptional academic performance in high school
Courses or Subjects: Specifics depend on the scholarship; find out more details on their website.

Rosa Luxemburg Stiftung Scholarships

Duration: 24-month program
Scholarship Award: Monthly grant of 850 EUR
Scholarship Requirements:
- Strong academic and professional qualifications
- Proficiency in German (B2 level or above)
Courses or Subjects: Master's and PhD degrees in any subject, excluding Medicine, Dentistry, and Veterinary Medicine.

Frankfurt School of Finance and Management Doctoral Tuition Waivers

Duration: 1-2 years
Scholarship Award: Full funding for 100,000 students
Scholarship Requirements:
- International student status
- Minimum aggregate of 8.5 CGPA or 85%
- At least 2 years of work experience, research work, or teaching/graduate assistantship

Governmental scholarships

DAAD Scholarships

Duration: 1-2 years
Scholarship Award: Full funding for 100,000 students
Scholarship Requirements:
- International student status
- Minimum aggregate of 8.5 CGPA or 85%
- At least 2 years of work experience, research, or teaching/graduate assistantship

Erasmus Scholarship Programs in Germany funded by the European Commission

Duration: 24-month program
Scholarship Award: A monthly grant of up to 350 EUR
Scholarship Requirements: EU-funded scholarships for Third Country students and EU/EEA students
- Must hold a Bachelor’s degree

ERP Study Scholarships - Economics and Business Administration

Duration: 18-24 months
Scholarship Award: Fully funded master’s program with €850/month and a study allowance of €460 annually. Additionally, payments towards health, accident, and personal liability insurance are covered.
Scholarship Requirements:
- Highly qualified graduate
- Completed a first degree (Bachelor's, Diploma, or comparable academic degree)
Courses or Subjects: Economics and Business Administration

Major-specific scholarships

Summer Entrepreneurship Program (SEP) at ESMT Berlin

Duration: Entire program length
Scholarship Award: Two scholarships of €5,000
Scholarship Requirements:
- Present and pitch your entrepreneurial vision in front of an audience and a jury
Courses or Subjects: Entrepreneurship

HHL Women in Business Scholarships

Duration: Entire program length
Scholarship Award: 25% of tuition fees
Scholarship Requirements:
- Successful female MBA candidates who hold a bachelor’s degree
- Above-average GMAT scores
- At least 3 years of work experience
Courses or Subjects: MBA (Part-time and Full-Time)

HHL Future Entrepreneur Scholarships

Duration: Program duration
Scholarship Award: 25% of tuition fees
Scholarship Requirements: Candidates demonstrating entrepreneurial abilities with a desire to start a business.
Courses or Subjects: Full-time MBA

Frankfurt School MBA Scholarships

Duration: Program duration
Scholarship Award: Partial tuition for the respective program (up to 30%)
Scholarship Requirements:
- Specific requirements depend on the scholarship
Courses or Subjects: Executive MBA, MBA in International Healthcare Management, Part-time MBA, and Full-time MBA. Frankfurt offers five distinct scholarships for MBA students.

Privately funded scholarships

Go Global MBA Scholarship - educations.com

Duration: One-off scholarship covering one year of studies
Scholarship Award: €7,000
Scholarship Requirements:
- Must be enrolled in an MBA program as an international student.
- You should have no more than 5 years of relevant work experience.
- Fill out the application forms and submit an essay on the assigned topic.
- Read other requirements and eligibility criteria.

Study a Master's in Europe Scholarship - educations.com

Duration: One-off scholarship covering one year of studies
Scholarship Award: €5,000
Scholarship Requirements:
- Must be enrolled in a European Master's program as an international student.
- The degree program must be studied either within Europe or online from a European institute.
- Fill out the application forms and submit an essay on the assigned topic.
- Read other requirements and eligibility criteria.

Friedrich Ebert Foundation Scholarship for Foreign Students

Duration: Duration of the applicant's program
Scholarship Award: Monthly base amount between 830-850 EUR
Scholarship Requirements:
- Outstanding school or academic achievements
- Social and political involvement aligned with the values of social democracy
- Proficient in German

Friedrich Ebert Foundation Scholarship for Foreign Students

Duration: Duration of the applicant's program
Scholarship Award: Monthly base amount between 830-850 EUR
Scholarship Requirements:
- Outstanding school or academic achievements
- Social and political involvement aligned with the values of social democracy
- Proficient in German

Friedrich Ebert Foundation Scholarship for Foreign Students

Duration: Duration of the applicant's program
Scholarship Award: Monthly base amount between 830-850 EUR
Scholarship Requirements:
- Outstanding school or academic achievements
- Social and political involvement aligned with the values of social democracy
- Proficient in German

Higher Education Scholarship Test (HEST)

Duration: Duration of the applicant's program
Scholarship Award: Up to 100,000 INR (approx. €1,135) per student
Scholarship Requirements:
- Excellent academic record
- Must be an Indian citizen pursuing a degree at a foreign institution
- Minimum HEST score of 60% in 10th and 12th
- Proof of university admission or a scorecard of GRE/IELTS/TOEFL or equivalent.