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.
EMBA Awards
You will automatically be granted an award if you meet the criteria.
Early Application Award
Completed online applications submitted in rounds 1-3 will receive a scholarship corresponding to the round in which the application is submitted.
- Round 1: €12.800
- Round 2: €7.800
- Round 3: €3.300
Test Score Excellence Award
Applicants who submit exceptional GMAT or GRE (equivalent), or ESMT Business Admission Test (BAT) scores will be considered for scholarships to acknowledge their success.
Value: €2,500
Requirements:
GMAT: a total score of 690 or higher
GRE: a total verbal score of at least 160, quantitative score of at least 165
ESMT Business Admission Test: a score of 16 or higher
EA: a score 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 (BAT), only the results from the first exam will be considered for the scholarship. Subsequent test results are not eligible.
EMBA 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 3 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 / Female Leader’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. 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: one
Value: €19,440 off tuition
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.
Women in Business Scholarship
Number of scholarships available: five
Value: €12,960 off tuition
There is a lack of gender equality in global business. With this award, ESMT Berlin is seeking to support women’s career development and advancement. Five scholarships of €12,960 are available for self-funded applicants.
Question: How can women empower each other in their personal and professional lives?
Rainbow Scholarship
Number of scholarships available: one
Value: €9,720 off tuition
The Rainbow scholarship supports ESMT’s commitment to diversity. Special consideration will be given to self-identified LGBTQ applicants. One scholarship of €9,720 is available for self-funded applicants.
Question: How have you contributed to LGBTQ+ causes and impacted the community?
Impact Scholarships
Social Impact Scholarship
Number of scholarships available: two
Value: €16,200 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 €16,200 are available for self-funded applicants.
Question: How have you positively impacted society, or the environment?
Founders and Entrepreneurs' Scholarship
Number of scholarships available: two
Value: €12,960 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 €12,960 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?
European Leaders' Scholarship
Number of scholarships available: ten
Value: €6,480 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 €6,480 are available for self-funded applicants.
Question: ESMT is committed to developing responsible leaders, what is your vision of responsible leadership?
International Leaders' Scholarship
Number of scholarships available: five
Value: €25,920 off tuition
Awarded based on excellence, the international leader scholarship rewards students with extraordinary academic and/or professional profiles, leadership skills, and growth potential. Applicants must be resident outside the European Union. Five scholarships of up to €25,920 are available for self-funded applicants.
Question: ESMT is committed to developing responsible leaders, what is your vision of responsible leadership?
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 (proof required).
Unlimited number of scholarships of up to 25% (€16,200) of EMBA tuition are available for self-funded applicants.
Question: How will you positively contribute to the learning environment of your peers at ESMT?
Bundeswehr and Former Military Scholarship
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.
Number of Scholarships available: Unlimited
Value: 25% of tuition fees (€16,200)
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 military service, will help you and your fellow students most as you study for the EMBA, and why?