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Awards and scholarships - Part-time MBA

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Scholarships and awards make your Part-time MBA more affordable by lowering the tuition you need to pay.  With options to fit all profiles, we encourage outstanding MBA candidates to apply.

There are two types of tuition reduction you may receive:  awards and scholarships.

  • Awards are automatically granted if you meet the criteria (you don’t need to do anything).  You can be awarded more than one and they can be combined with a scholarship.
  • Scholarships are applied for as part of your application to the program.  Each scholarship has a specific question you need to answer in the application form.  While you can apply for up to three scholarships, you may only receive one.  Scholarships are awarded on merit and only self-funded MBA candidates are eligible.

We recommend applying for scholarships early as they are limited. Scholarships and awards can be combined and apply solely to tuition fees. 

Part-time MBA awards

Find out more about the award deadlines on the Admissions page.

Early Application Award

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

  • Round 1: €6,000
  • Round 2: €3,000
  • Round 3: €1,000

Test score excellence award

If you submit GMAT or GRE scores at the 85th percentile or higher, you will receive a €1,000 scholarship that celebrates your success.

Eligibility: applicants will be considered after submitting a completed application to the part-time MBA program including official test results from either the GMAT or GRE.  Scores submitted after the application has been processed will not be considered.

The scores required are:

  • 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
  • BAT of 16 or higher
  • EA of 157 or higher

Requirements: applicants must submit official test results, no older than five years from the date of application, from either the GMAT or GRE.

Part-time MBA scholarships

To apply for a scholarship, you will need to answer the specific question associated with it.  They are listed below, and your response(s) is submitted as part of your application.

The following conditions apply:

  • You can apply to up to three scholarships.
  • You can only be awarded one scholarship.
  • Applying for scholarships does not guarantee a scholarship award, irrespective of how many you apply for. 

Scholarships

Women in Business Scholarship

The Women in Business Scholarship recognizes outstanding women who are committed to advancing gender equity and inclusive leadership in the workplace and beyond. This scholarship supports women who are driving change, challenging barriers, and contributing to a more balanced and diverse business landscape.  

Value: €6,000 off tuition 

Question: What do you believe are the biggest systemic barriers preventing more women from reaching senior leadership roles? How might businesses innovate to overcome them, beyond traditional diversity initiatives? 

Impact Scholarship

The Impact Scholarship recognizes MBA applicants who are driving positive change by aligning social purpose with business strategy. Preference is given to those working in social enterprises, non-profit organizations, or NGOs, but all applicants who are advancing meaningful impact in their communities or industries are encouraged to apply.  

Value: €4,000 off tuition 

Question: How are you using business principles or leadership to create positive social or environmental impact? What results have you seen so far, and what greater change do you hope to achieve

Rainbow Scholarship

The Rainbow Scholarship recognizes MBA applicants who are actively advancing inclusion and equity for LGBTQ+ people in their workplaces, industries, or communities. This scholarship celebrates leaders who champion authenticity, representation, and systemic change to create safer and more equitable spaces for all LGBTQ+ individuals.  

Value: €4,000 off tuition 

How have you helped create greater inclusion or equity for LGBTQ+ people in your workplace, community, or industry? What impact have your efforts made, and how do you hope to continue this work in the future? 

Future Leader Scholarship

The Future Leader Scholarship is awarded to applicants who demonstrate exceptional academic or professional achievement, strong leadership skills, and outstanding growth potential. This scholarship recognizes individuals who show a clear vision for how they will lead responsibly and create positive impact through their careers.  

Value: €4,000 off tuition 

Question ESMT is committed to developing responsible leaders. What does responsible leadership mean to you, and how do you hope to embody it during and after your MBA? 

Refugee Scholarship

Education is a catalyst for transformation. The Refugee Scholarship supports up to three refugees each year to pursue the part-time MBA at ESMT Berlin. This scholarship cannot be combined with other awards (including automatic scholarships), and proof of refugee status is required. 

Value: €20,000 off tuition 

Question: How do you hope to use your MBA, and this scholarship opportunity, to create positive change for yourself, your community, or others facing displacement? Will you make a difference with the Refugee Scholarship? 

e-fellows Scholarship

ESMT Berlin is proud to partner with e-fellows.net to offer a dedicated scholarship for e-fellows alumni and participants of e-fellows MBA Day events. Applicants must have taken part in at least one e-fellows initiative to be eligible.  

Value: €4,000 off tuition 

Question: MBA programs thrive on collaboration and diverse perspectives. How do you approach learning from others, and how will you help your peers learn from you? 

Tax deductions

Many countries allow tuition for higher education, and related costs, to count as tax-deductible expenses. You can learn more about the requirements in Germany, for example, here. Please check with your tax advisor to assess your personal situation.

Possible deductions might include:

  • Tuition fees
  • Travel required by the program
  • Temporary housing expenses
  • Cost of prep courses - English, special courses, etc.

Downloads

A tax guide for students

What to consider before filing your taxes