Scholarships

Completed online applications submitted in rounds 1-3 will receive a scholarship corresponding to the round in which the application is submitted.  

• Round 1: February 27, 2023 – €10.000 
• Round 2: May 1, 2023 – €5.000 
• Round 3: July 3, 2023 – €2.500 
• Round 4: September 4, 2023 – applications received after this date will be considered on a case-by-case basis.

Applicants who submit successful GMAT, GRE (equivalent) or ESMT Business Admission Test scores will be considered for scholarships to acknowledge their success.

Value:  €2,500

Requirements:
GMAT of 690 or higher
GRE verbal score of at least 160, quantitative score of at least165
ESMT Business Admission Test of 16 or higher
EA of 157 or higher

Eligibility: Applicants will be considered after submitting a completed application to the EMBA program including official test results from either the GMAT or GRE. GRE scores will be converted to a GMAT equivalent using this online converter.

NOTE: Applicants must submit official test results no older than five years from the date of application, from either the GMAT or GRE. For the ESMT Business Admission Test, only the results from the first exam will be considered for the scholarship. Subsequent test results are not eligible.

The 30% Club is a global gender diversity campaign which aims to increase the number of women on boards, and throughout the pipeline. Started in the UK in 2010, the Club has 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.

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

Number of scholarships: 5

Value: 30% of tuition fees (€17,850)

Eligibility:  Female candidates showing proven senior leadership experience in the public or private sectors.

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

Question: Tell us why you do - or do not - agree with mandatory board (or senior management) quotas for women.

The Rainbow scholarship supports ESMT’s commitment to diversity. Special consideration will be given to self-identified LGBTQ applicants. One scholarship of €11,900 is available for self-funded applicants.

Question: How have you contributed to LGBTQ+ causes and impacted the community?

Regional scholarships are awarded to those with extraordinary academic and/or professional profiles, leadership skills, and growth potential.
 

Requirements: 

To qualify, you must

• hold permanent residency in the region,
• be a self-funded applicant, and
• demonstrate your strong intention to promote business development and pursue professional options in the region of your residency within a reasonable timeframe after the EMBA.

ESMT Africa Scholarship

Number of scholarships available: one

Value: 50% off tuition (€29,750 of EMBA tuition)

Eligibility: Candidates with permanent residence in any African country. One scholarship of €29,750 is available for self-funded applicants. Candidates are expected to prove their strong intention to promote business development and pursue professional options in Africa within a reasonable timeframe after completion of the program.

ESMT Americas Scholarship

Number of scholarships available: one

Value: 25% off tuition (€14,875 of EMBA tuition)

Eligibility: Candidates with permanent residence in any South, Central or North American country. One scholarship of €14,875 is available for self-funded applicants. Candidates are expected to prove their strong intention to promote business development and pursue professional options in Latin and/or North America.

ESMT Central and Eastern Europe Scholarship

Number of scholarships available: one

Value: 25% off tuition (€14,875 of EMBA tuition)

Eligibility: Candidates with permanent residence in a Central or Eastern European country: Estonia, Latvia, Lithuania, Belarus, Moldova, Ukraine, Russia, Serbia, Slovenia, Croatia, Hungary, Czech Republic, Slovakia, Poland, Montenegro, Bosnia-Herzegovina, Albania, Romania, Bulgaria. 

One scholarship of €14,875 is available for self-funded applicants. Candidates are expected to prove their strong intention to promote business development and pursue professional options in Central and Eastern Europe within a reasonable timeframe after completion of the program.

ESMT Middle East and Central Asia Scholarship

Number of scholarships available: one

Value: 25% off tuition (€14,875 of EMBA tuition)

Eligibility: Candidates with permanent residence in Lebanon, Turkey, Georgia, Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan, Afghanistan, Uzbekistan, Iran, Iraq, Syria, Jordan, Israel, Saudi Arabia, Yemen, Oman, UAE, Kuwait, Bahrain, Qatar.

One scholarship of €14,875 is available for self-funded applicants. Candidates are expected to prove their strong intention to promote business development and pursue professional options in Middle East and Central Asia within a reasonable timeframe after completion of the program.

ESMT Western Europe Scholarship

Number of scholarships available: one

Value: 10% off tuition (€5,950 of EMBA tuition)

Eligibility: Candidates with permanent residence in a Western European country: Austria, Belgium, France, Germany, Liechtenstein, Luxembourg, Monaco, Netherlands, Switzerland.

One scholarship of €5,950 is available for self-funded applicants. Candidates are expected to prove their strong intention to promote business development and pursue professional options in Western Europe within a reasonable timeframe after completion of the program.

Question: How will your background, values, and non-work interests enhance the experience of your fellow students and add to ESMT's diverse culture?

Number of scholarships available: two

Value: 30% off tuition

Change can be accelerated when social issues and business are aligned. The Impact scholarship is for applicants who are helping make the world a better place. Preference will be given to those working in social enterprises, non-profit organizations, or NGOs. Two scholarships of €17,850 are available for self-funded applicants.

Question: How have you positively impacted society, or the environment?

Number of scholarships available: two

Value: 20% off tuition

Entrepreneurship is in ESMT’s DNA and the school seeks to support those who have founded or co-founded their own business.  Applicants must have at least three years’ experience running their own start up and have an equity stake. Two scholarships of €11,900 are available for self-funded applicants.

Question: As you were founding your business, what was the most useful piece of advice you received and how did you apply it?

Number of scholarships available: ten

Value: 10% off tuition

Awarded on the basis of excellence, the future leader scholarship rewards students with extraordinary academic and/or professional profiles, leadership skills, and growth potential. Ten scholarships of €5,950 are available for self-funded applicants.

Question: ESMT is committed to developing responsible leaders, what is your vision of responsible leadership?

ESMT Berlin is pleased to partner with e-fellows to offer a scholarhship to e-fellows members, alumni or e-fellows MBA day participants.Unlimited scholarships of €14,875 are available for self-funded applicants.

Value:  up to 25% (€14,875) of EMBA tuition

Eligibility: A motivational essay explaining why you are the perfect candidate for the scholarship should accompany your application for admission to the EMBA program.

Question: How will you positively contribute to the learning environment of your peers at ESMT?

Deadline: August 31

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

ESMT is pleased to offer scholarships to all German Bundeswehr Officers who are exiting the military. Unlimited scholarships of 25% off tuition are available for self-funded applicants. German Bundeswehr Officers who are exiting the military.

Number of Scholarships available: Unlimited

Value: 25% of tuition fees (€14,875)

Eligibility:  Applications must be received within one year of the formal ending of service. Interested candidates must first be accepted to the EMBA program and express their interest in the scholarship when applying.

Question: What skill, developed during your service with the Bundeswehr, will help you and your fellow students most as you study for the EMBA, and why?