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MBA 2019 discussing in lecture hall

Full-time MBA scholarships

Awards available for outstanding candidates

ESMT’s MBA scholarships have been designed to help you make your international business career a reality. With more than 28 scholarships on offer, outstanding MBA applicants are welcome at ESMT Berlin.

Scholarships are allocated based on academic excellence, personal and professional achievement, leadership potential, and superior interpersonal skills. Only self-funded MBA candidates are eligible and all scholarship apply solely to tuition fees.

You will apply for a scholarship during your application to the MBA program. There are two types of scholarships available:

  • Automatic scholarships – you do nothing, these are awarded based on whether you meet certain criteria
  • Application-driven scholarships – these scholarships require you to answer a specific question (see below). This is collected as part of your MBA application.  You can apply for up to three application-driven scholarships but will only be awarded one.

Note that multiple automatic scholarships can be combined with only one application-driven scholarship.

MBA Automatically Awarded Scholarships

  • Early application scholarships

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

    • Round 1 - €5,000
    • Round 2 - €2,500
    • Round 3 - €1,000
  • GMAT/GRE Scholarship

    If you submit GMAT 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 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
    • GRE:  verbal score of 160 or higher; quant score of 165 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 Scholarships

    Non-native German-speaking applicants can be considered for scholarships based on their German language ability.

    Value:

    • German language level B1/B2 - €1,000
    • German language level C1/C2 - €2,000

    Eligibility: Applicants will be considered after submitting a completed application to the MBA program including test results from an official test of the German language. Results submitted after the application has been processed will not be considered.

    Requirements: Applicants must submit official test results, no older than two years from the date of application, from either the telc, TestDaF or Goethe language tests.

MBA Application-driven Scholarships

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

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 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 30% off tuition 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.  Two scholarships of €7,500 are available.

    Question:  How will you support other women in business once you have your MBA?

  • Women in Tech Scholarship

    Women working in technology or holding a STEM degree.

    ESMT supports and celebrates women in STEM (science, technology, engineering, mathematics).  Women working in technology or holding a STEM degree are invited to apply.  Two scholarships of €7,500 are available.

    Question:  What technological advance (new or old) do you wish you had worked on and why?

  • Rainbow Scholarship

    Diverse candidates.  Special consideration 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.  One scholarship of €5,000 is available.

    Question:  What actions have you undertaken to increase diversity and inclusion at your workplace?

  • 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 50% off tuition are available
    • Latin America – two scholarships of 50% off tuition are available
    • Central and Eastern Europe – two scholarships of 25% off tuition are available
    • Asia – two scholarships of 25% off tuition are available
    • Western 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

  • Future Leader Scholarship

    Will be aged 28 or younger at program start and has a track record of leadership.  Special consideration given to under-represented minorities.

    Qualified applicants having a track record of leadership and aged 28 or younger at program start are welcome to apply.  Special consideration will be given to underrepresented minorities.  One scholarship of 50% off tuition is available.

    Question:  ESMT is committed to developing responsible leaders, what is your vision of responsible leadership?

  • 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. One scholarship of 50% off tuition is available.

    Question:  What impact would you like to have as an ambassador of ESMT?

  • Vali Berlin Female Founders Scholarship

    Women working at their own company or proactively exploring new business ideas.

    Fewer than one in five start-ups have female founders. This award will empower talented and motivated women to create impact in Europe’s most active start-up city. Scholarship recipients will be guaranteed a place in the Vali Berlin Summer Entrepreneurship Program. One scholarship of €5,000 is available.

    Question: Outline a challenge you faced as a female founder and describe how you overcame it.

  • Vali Berlin Entrepreneurship Scholarship

    Either working at your own company or proactively exploring new business ideas.

    Voted 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. One scholarship of €5,000 is 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?

  • Net impact Scholarship

    Demonstrated commitment to sustainability (climate change, healthcare, global poverty).

    Net Impact @ESMT Berlin scholarships are open to future MBA students with a demonstrated commitment to sustainability (climate change, healthcare, global poverty). One scholarship of €5,000 is available.

    Question:  A condition of this scholarship is that you become an active member of Net Impact @ESMT Berlin.  Which sustainability topic will you take the lead on and why?

  • Sustainable Leadership Scholarship

    Candidates with experience of leading sustainable and/or social business initiatives.

    ESMT seeks to nurture those with substantial experience of leading sustainable and/or social business initiatives. The successful applicant is expected to be an inspirational role model for those in the ESMT community. Two scholarships of €5,000 are available.

    Question:  Drawing on your experiences, what have you seen to be the most critical obstacle to businesses seeking to be truly sustainable?

  • Social Impact Scholarship

    Have created 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 Social Impact scholarship is for applicants who have had, and will have, a positive impact in making the world a better place. Two scholarships of €10,000 are available.

    Question:  How have you made a positive impact on the environment, social justice, economic fairness, health, quality of life, or other social concerns?

Network Scholarships

  • e-fellows Scholarship

    Candidates who have attended a MasterDay event or an e-fellows alumni.

    Applicants who have attended a MasterDay event or are an e-fellows alumni can apply for this scholarship. One scholarship of €10,000 is available

    Question: How will receiving this scholarship help 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 25% off tuition 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?