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MBA scholarships & financing

Financing solutions to meet your MBA goals

ESMT’S MBA is an excellent and affordable investment in your future. On average, graduates earn more than double the tuition fees during their first year of employment after the MBA. Most candidates fund their studies with a mix of personal funds, loans, and scholarships.

MBA tuition and fees at ESMT

Total tuition + fees: €43,500

*These fees include the cost of books, cases and a Smart Certificate. They do not include travel to and from the Global Network exchanges.

In addition to tuition, students should budget enough money for relocation and living expenses. We recommend students budget €1,000 to €1,500 a month for living expenses.

Corporate Tuition and Fees

For those MBA candidates nominated and fully funded by a company, tuition and fees for the MBA program are also €43,500. This includes all learning materials and office supplies. Not included are meals, accommodation in Berlin, insurance, and personal expenses.

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.
Tax guide for students