Fees & scholarships for master's programs

Applicants who complete their application to the master program by the deadline below will be automatically considered for an early bird discount on their master tuition fees.

Number of scholarships available: unlimited
Value: €3,000
Eligibility: Completed applications submitted to the master program by the deadline.
Deadline: March 31

30% / ESMT master Women's Scholarship

The 30% Club is a global gender diversity campaign which aims to increase the number of women on boards, and throughout the pipeline. It started in the UK in 2010 with a goal of achieving a minimum of 30% women on FTSE-100 boards -- currently the figure stands at 26.1% up from 12.5%. The 30% Club aims to develop a diverse pool of talent for all businesses through the efforts of its Chair and CEO members, who are committed to better gender balance at all levels of their organizations. Business leadership is key to the 30% Club mission, taking the issue beyond a specialist diversity effort and into mainstream talent management.

ESMT Berlin and the 30% Club are committed to addressing gender imbalance and to helping more women reach influential positions. The 30% Club/ESMT master Scholarship has been established to encourage and support outstanding women who are aspiring towards leadership roles.

Number of scholarships available: One

Value: up to €10,000

Eligibility: Female candidates who have demonstrated a clear path towards leadership during their previous studies or who show a strong desire to move into leadership roles in the future.

Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship.

Status: Open

Women's Academic Excellence Scholarship

Number of scholarships available: four

Value: up to €10,000

Eligibility: Female candidates with outstanding academic excellence during their bachelor studies.

Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship. Applications from underrepresented countries in the developing world are especially encouraged to apply for this scholarship.

Status: Open

Women in Innovation & Entrepreneurship Scholarship (only for MIE)

Number of scholarships available: 5

Value: up to €6,000

Eligibility: Female candidates applying to the Master in Innovation & Entrepreneurship, who have a track record of either corporate innovation and/or relevant start-up experience prior to joining their ESMT journey 

Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship. Applications from underrepresented countries in the developing world are especially encouraged to apply for this scholarship.

Status: Open

Number of scholarships available: two

Value: up to €8,000

Eligibility: Candidates displaying outstanding student leadership experiences during their bachelor’s study, specifically with regards to taking leadership initiatives in student clubs, student government, volunteer projects, international conferences, and during bachelor’s internships.

Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship.

Status: Open

Number of scholarships available: two 

Value: up to €5,000 each

Eligibility: Net Impact @ESMT Berlin offers future master students who have been highly committed to the cause of sustainability an opportunity to apply for this scholarship.

We define sustainability, and thus the commitment to it as showing results within companies and organizations in the following areas:

• Climate change - waste management, food solutions, sustainable supply chains, new mobility, smart cities, among many other possibilities

• Healthcare - curative healthcare solutions, as well as public health and preventative initiatives (promoting healthy lifestyles)

• Non-profit - initiatives geared towards global poverty and global health - particularly main cause areas, such as extreme poverty, malaria, and deworming initiatives

Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship. In addition, active involvement in Net Impact @ESMT Berlin is expected from recipients during their master studies.

Status: Open

ESMT Berlin is pleased to partner with e-fellows to offer two scholarships to e-fellows alumni or e-fellows Master day participants.

Number of scholarships available: two
Value: €5,000 each
Eligibility: A motivational essay explaining why you are the perfect candidate for the scholarship should accompany your application for admission to the master program.
Deadline: July 31

Status: Open

For more information, please visit the e-fellows.net site.

Number of scholarships available: four

Value: up to €10,000 each

Requirements: Master candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship.

Eligibility: Candidates with permanent residence in any United Nations designated LDC or LLDC.

Status: Open

Number of scholarships available: four
Value: up to €5,000
Eligibility:  Scholarship seekers should be strong candidates for ESMT's Master program and display outstanding achievement by submitting a GMAT, GMAT Focus or GRE percentile rank higher than 94%, equivalent to a GMAT score of at least 720 or a GMAT Focus score of at least 675.
Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship, including a copy of their GMAT score.
Status: Open

Number of scholarships available: 5

Value: up to €6.000

Eligibility: Candidates applying to the Master in Innovation & Entrepreneurship, who have created their own start-up(s) and are trying to either scale them or are looking to create the next unicorn as part of their ESMT journey.

Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship. Applications from underrepresented countries in the developing world are especially encouraged to apply for this scholarship.

Status: Open

Number of scholarships available: Indefinite

Value: €3,500

Eligibility: Automatically granted to children of ESMT alumni, who have completed either an MSc or MBA degree in the past.

Requirements: Candidates should indicate the award in the scholarship section of the application and mention the name of the parent(s) that has completed what ESMT program in which year.

Status: Open

Number of scholarships available: indefinite

Value: €2,000

Eligibility: Automatically granted to siblings completing their ESMT MSc program at the same time or siblings of ESMT alumni, who have completed either an MSc or MBA degree in the past. 

Requirements: Candidates should specify the award in the scholarship section of the application and provide the name of their sibling along with the program they are completing. If the sibling is an ESMT alumnus, candidates should also include the sibling’s name, the ESMT program they completed, and the year of graduation.

Status: Open

Eligibility

Accepted students of the

• Master in Global Management 
• Master in Analytics and Artificial Intelligence 

What is Prodigy?

Prodigy Finance is revolutionizing student finance. The innovative model offers alumni-funded loans to international students at the world’s top business schools, including ESMT. While banks base their loan decisions on historical salaries, Prodigy looks to the future. They assess applicants’ future earning potential (based on the past achievements of similar graduates) to determine loan affordability.

Prodigy’s model is borderless, allowing them to offer competitive rates to over 150 nationalities of students.

Why choose Prodigy?

• 150 nationalities covered
• Competitive interest rates
• No collateral or guarantees required
• Easy online process
• No repayments while you study

Rates

Interest rates vary depending on individual applicants. The representative APR is 8.16%. See more detail about the terms and conditions, and how to apply for a loan on Prodigy’s website.

For additional information, download the latest brochure in the download section below.

Eligibility

Students who are accepted into the

• Master in Global Management
• Master in Innovation and Entrepreneurship 
• Master in Analytics and Artificial Intelligence 
• EU citizens, including residents from UK, Iceland, Liechtenstein, Norway, Switzerland, Canada, USA, Australia, and New Zealand
• Admission letter from the university
• Highschool GPA of at least 2.9 (German Scala)

The selection process and discussion of the funding agreement are conducted by Brain Capital GmbH

What is Brain Capital?

Income Share Agreement by Brain Capital

The ESMT Berlin Education Fund is an Income Share Agreement (ISA) model. Brain Capital GmbH has been offering this alternative form of financing since 2005.

The students can decide between 100% coverage of tuition fees or partial financing, which gives them the freedom and flexibility to focus on their studies without having the financial burden of tuition fees.

The funding can be combined with BaföG and other financing options.

Income-based repayments are only made after graduation and only if a minimum income is reached. The income-based repayments ensure that graduates are only charged within the limits of their financial capacity.

Due to its principle of solidarity: The repayments made by students who have graduated and are earning above the minimum income, enable new students to finance their education. This cycle creates a safe funding option for new students at their university.

STUDY FIRST – PAY LATER. How does the Income Share Agreement work:

• Students sign a financing contract with Brain Capital for their tuition fees. Brain Capital uses its education funds to pay the tuition directly to the university.
• After graduation and only when a minimum income of at least 30,000 € has been reached, beneficiaries start to pay a fixed percentage of their income for 10 payment years.

How to apply?

Please visit their website or download the flyer in the Downloads section below for more information. To apply or if you have questions, you can contact Brain Capital directly via email.

Please feel free to contact ESMT if you have any specific questions.

Eligibility

Accepted students of the

• Master in Global Management
• Master in Innovation and Entrepreneurship
• Master in Analytics and Artificial Intelligence 

In addition, you must fulfill the following requirements:

• You are U.S. citizen or a non-US citizen with a U.S. citizen as a cosigner

What is Juno?



Juno (formerly LeverEdge) is a collective bargaining organization for student loans. They negotiate exclusive deals with their lending partners to provide low rates or cash back options to U.S. citizens or international students with a valid U.S. citizen cosigner. Juno offers a "best rate guarantee" for borrowers. Check the latest rates.

Eligibility

Accepted students into the

• Master in Global Management
• Master in Innovation and Entrepreneurship
• Master in Analytics and Artificial Intelligence 

In addition, you must fulfill the following requirements:

• You have obtained your university entrance qualification in Germany or Austria, or at a German school abroad.
• You are a German citizen or you have a permanent residence permit.
• You (plan to) study at a research university (a state-recognized university in Germany or a comparable university abroad).
• You do not have a negative credit report (SCHUFA).
• You are motivated to study and convinced that you have chosen the right subject.

What is Deutsche Bildung Student Funding?

Deutsche Bildung Student Funding is the biggest student financing offer organized by the private sector of Germany.

As a social business since 2007, Deutsche Bildung supports thousands of German students with financing and through our extra-curricular Academy.

• Since 2013, Deutsche Bildung is top ranked in Germany.
• Monthly, single or returning payments guarantee financing for students of almost all disciplines in Germany and abroad.
• The extra-curricular Academy focuses on the development of personal skills and professional competencies. A broad network of contacts to companies, universities and NGOs adds value to all granted students.
• The repayment is income-related: granted graduates pay back a fixed amount of their future income for a certain period of time when they have started their first employment. By this, students are protected from debts and also support following future students. This assures a sustainable model of student financing.

The online-application is possible throughout the whole year via www.deutsche-bildung.de.

How to apply?

You can simply apply online and follow the step-by-step application process on www.deutsche-bildung.de.

Please have the following documents at hand:

• Two-sided copy of your ID or residence permit for Germany
• Curriculum Vitae (CV)
• Conditional offer from your future university or a certificate of enrollment if you are already studying
• Current transcript of records if you are already studying (grades, certificates, intermediate certificates or certificate of a completed Bachelor)
• Copy of your university entrance qualification
• Internship certificates (if available)
• Examination regulations (list of all modules and exams that you have to complete in your studies)

Deadline

There is no application deadline. You can apply anytime during your studies or up until three months before the beginning of your studies.

The German Academic Exchange Service (DAAD) offers a wide range of support instruments for participants from all over the world to study in Germany. They offer a very extensive database of available financial aid for both foreign and German students. Using the Scholarship Database search filter you will find a list of applicable scholarships for you.

Award amounts and eligibility varies by country. Please visit or contact your national DAAD office for more information.

Fundação Estudar is an educational resource that offers a limited number of graduate fellowships for Brazilian business students each year. Deadlines are in March, and scholarships are eligible for both applicants and current students. Please review the foundation's website for more information.

COLFUTURO is a private financial aid foundation (scholarships and loans) for Colombians pursuing a postgraduate degree abroad. With funding from both the Colombian government as well as leading Colombian companies, they have successfully helped over 9,000 Colombian students fulfill their education goals. COLFUTURO collaborates with the DAAD offering financial aid to students enrolled in a German university. Further information is available in this document.

German applicants to ESMT may qualify for student loans from German banks. Many of these loans offer special interest rates and payment terms, depending on your application and qualifications. We encourage you to check with your local bank branch for more information.

• Bundesausbildungsförderungsgesetz (BAFöG): Is the Federal Training Assistance Act for students in Germany. The act offers federally supported scholarships and loans to German citizens and some non-Germans under specific conditions.
• Deutsche Bildung: MBA applicants are eligible to apply.
• KfW-Studienkredit: Available for students who are not eligible for government education