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Global Online MBA Scholarships

The Global Online MBA was developed to enable participants around the world to study together, learn from each other, and accelerate their professional development.  Our scholarships therefore focus on bringing the program within the economic reach of all. 

As part of your application to the Global Online MBA program, you can apply for scholarships. There are two types of scholarships available: 

 

Automatically-awarded scholarships 

These do not require additional application questions, but are awarded based on whether you meet certain criteria.  

 

Early application scholarship

Students applying before the first application deadline will receive a €2,000 scholarship. 

The early application scholarship is only available to students that choose to pay either over two installments, or by module.  Payment in full grants you an automatic 15% discount and can be combined with all scholarships except the early application scholarship. 

 

Test score excellence scholarship 

An excellent test score will qualify you for a €1,000 scholarship that celebrates your success. 

Depending on the test you take, the scores required are: 

  • ESMT Admission Test score of 16 or higher 

  • GMAT: total score of 690 or higher  

  • GMAT Focus: total score of 645 or higher 

  • GRE: verbal score of 160 or higher; quant score of 165 or higher 

  • EA of 157 or higher  

Official test scores must be sent with your application; scores submitted after the application has been processed will not be considered. Scores must also be no older than five years from your application date for the program. 

 



Application-driven scholarships

These scholarships require you to answer specific question(s) and you apply for them alongside your Global Online MBA application. You can apply for more than one but only one may be awarded. 

To be considered for one of these scholarships, you will need to answer an additional question in your MBA application. Each scholarship requires a response to a different question. 

The following conditions apply: 

  • You can apply for more than one scholarship

  • You may only be awarded one scholarship

  • Applying for scholarships does not guarantee a scholarship award, irrespective of how many you apply for

     

Important notes:

If you meet the criteria, you can be awarded both of the automatically-awarded scholarships. These can be combined with an application-driven scholarship, if it is awarded to you.

Scholarships can be combined with all payment plans, with the exception of the early-application scholarship. (see below).

 

Women in Business Scholarship 

There is a lack of gender equality in global business. With this award, ESMT is seeking to support women’s career development and advancement. 

Number of scholarships available: Ten

Value:  €3,000

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 following scholarship essay as part of their ESMT online application:

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

Status: Open

 

Regional scholarships 

Merit-based, partial-tuition, scholarships are available to candidates living in countries classified by the World Bank as being either low, lower middle, or upper middle income countries. 

Number of scholarships available: 

Value: The maximum possible scholarship award will depend on your country of residency: 

  • Low income countries:  up to €11,550 

  • Lower middle income countries:  up to €7,350 

  • Upper middle income countries:  up to €3,150 

There are no scholarships for those living in high income countries. 

Eligibility: You must be a self-funded application, living in a low, lower middle or upper middle income country (proof required).

Requirement: Candidates should complete the following scholarship essay as part of their ESMT online application:

Why is it important that the country you live in is represented in the Global Online MBA program? 

Status: Open

 

e-fellows Scholarship 

ESMT Berlin is pleased to partner with e-fellows to offer a scholarship to e-fellows members, alumni or e-fellows MBA day participants.

Number of scholarships available: Unlimited, for self-funded applicants. 

Value:  €1,500

Question:

Requirements: Candidates should complete the following scholarship essay as part of their ESMT online application:

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

Status: Open

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