Scholarships and awards make your 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.
Full-time MBA Awards
You will automatically be granted an award if you meet the criteria.
Early application
Completed online applications submitted in rounds 1-3 will receive a scholarship corresponding to the round in which the application is submitted.
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Round 1 - €6,000
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Round 2 - €3,000
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Round 3 - €1,000
Test score excellence award
If you submit GMAT, GMAT Focus, or GRE scores at the 85th percentile or higher, you will receive a €3,000 scholarship that celebrates your success.
Eligibility: Applicants will be considered after submitting a completed application to the Full-time MBA program including official test results from either one of the tests mentioned below. 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.
German Language
Non-native German-speaking applicants can be considered for scholarships based on their German language ability.
Value:
- German language level A2 - €1,000
- German language level B1 - €2,000
- German language level B2 - €3,000
- German language level C1/C2 - €5,000
Eligibility: Applicants will be considered for this scholarship after submitting a completed application to the MBA program including test results from an official test of the German language.
There are two points at which you can demonstrate your language level: during the application process, and at program start.
- During the application process: official test results must be submitted as part of your application. Your offer letter will include the scholarship pertinent to your proven language level at the time of application.
- At program start: if you submit an official test score at program start, your scholarship amount will be updated to reflect your German language ability.
Applicants must submit official test results from either the telc, TestDaF or Goethe language tests. Results submitted with an application must be from within the past two years. Results submitted at program start must be from after you were accepted into the program.
Requirements: Applicants must submit official test results from either the telc, TestDaF or Goethe language tests.
- Results submitted with an application must be from within the past two years.
- Results submitted at program start must be from after you were accepted into the program.
Full-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.
Diversity Scholarships
30% Club Scholarship
Outstanding women who have either excelled in leadership positions or have significant leadership potential.
The 30% Club is a global campaign focused on increasing gender diversity at board and senior management levels. With this scholarship, ESMT wants to encourage and support outstanding women to reach senior leadership roles.
One scholarship of €15,000 is available.
Question: Tell us why you do - or do not - agree with mandatory board (or senior management) quotas for women.
Women in Business Scholarship
Ambitious women with exceptional professional achievements.
There is a lack of gender equality in global business. With this award, ESMT is seeking to support women’s career development and advancement.
Ten scholarships of €7,500 are available.
Question: How can women empower each other in their personal and professional lives?
Rainbow Scholarship
Diverse candidates. Special consideration is given to self-identified LGBTQ applicants.
The Rainbow scholarship supports ESMT’s commitment to diversity. Special consideration will be given to self-identified LGBTQ applicants.
Two scholarships of €5,000 are available.
Question: How have you contributed to LGBTQ+ causes and impacted the community?
Regional Scholarship
Excellent academic and/or professional profiles, leadership skills, and growth potential.
Regional scholarships will be awarded to those with extraordinary academic and/or professional profiles, leadership skills, and growth potential. You will be expected to be an ambassador for ESMT.
- Africa and the Middle East – two scholarships of €25,000 are available
- Latin America – two scholarships of €10,000 are available
- Asia – two scholarships of of €10,000 are available
- Europe – two scholarships of €5,000 are available
- North America – two scholarships of €5,000 are available
Question: What does being an ambassador for your region in the ESMT community mean to you; and how will you be an ambassador for ESMT in your home region?
Impact Scholarships
Dean’s Excellence Scholarship
Excellent academic credentials, significant professional achievements, and demonstrable leadership skills.
Awarded on the basis of excellence, the Dean’s Excellence scholarship rewards students with strong academic credentials and demonstrated achievements. Beneficiaries are expected to be active members of the ESMT community and ambassadors for the school.
Two scholarships of €16,500 are available.
Question: What impact would you like to have as an ambassador of ESMT?
Vali Berlin Entrepreneurship Scholarship
Either working at your own company or proactively exploring new business ideas.
Voted the best city to start a company in, Berlin has an active startup scene and ESMT wants you to be part of it. Scholarship recipients will be guaranteed a place in the Vali Berlin Summer Entrepreneurship Program.
Four scholarships of €5,000 are available.
Question: In the course of developing your business, what was the most useful piece of advice you received and how did you apply it?
Impact Scholarship
Have created a positive social impact by addressing one or more of the UN’s Sustainable Development Goals.
Change can be accelerated when social issues and business are aligned. The Impact Scholarship is for applicants who have had and will have, a positive impact in making the world a better place.
Two scholarships of €5,000 are available.
Question: How have you positively impacted society or the environment?
Network Scholarships
e-fellows Scholarship
ESMT Berlin is pleased to partner with e-fellows to offer a scholarship to e-fellows alumni or e-fellows MBA day participants.
Unlimited number of scholarships of €10,000 are available for self-funded applicants.
Question: How will you positively contribute to the learning environment of your peers at ESMT?
Bundeswehr Scholarship
German Bundeswehr Officers who are exiting the military.
ESMT is pleased to offer scholarships to all German Bundeswehr Officers who are exiting the military.
Unlimited scholarships of €15,000 are available.
Question: What skill, developed during your service with the Bundeswehr, will help you and your fellow students most as you study for an MBA, and why?
