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Tuition and fees

Financing options for the Global Online MBA

The tuition and fees for the Global Online MBA starting January 2023 are €26,500, for the intake starting May 2023 onward the price will be €28,000.

This includes access to the learning platform and content and required case study licenses. You will also receive a Smart Certificate that you can use to share your verified achievement with employers and social media. Smart Certificates will be awarded for each of Modules 0-4, and the overall MBA program.

Deposit

When you are accepted into the program, we will ask you to pay a non-refundable deposit of €4,000.  This can be reduced if you apply early.

Payment plans

We are pleased to offer you three different ways to pay your remaining tuition (tuition less deposit) for the Global Online MBA.

1:  Payment in full

  • January 2023 Intake:  if you decide to pay in full when the program starts your tuition will be reduced by 15% to €22,525.  Note that this offer cannot be combined with the early application discount.

  • May 2023 intake onward:  if you decide to pay in full when the program starts your tuition will be reduced by 15% to €23,800.  Note that this offer cannot be combined with the early application discount.

2:  Pay over two installments

  • January 2023 intake:  When paying over installments, tuition is reduced by 5% to €25,175. The first installment of €10,675 will be due when the program starts, while the remaining balance (€10,500) will become due one year later.  These amounts will not change.

  • May 2023 intake onward:  when paying over installments, tuition is reduced by 5% to €26,600. The first installment of €11,300 will be due when the program starts, while the remaining balance (€11,300) will become due one year later.  These amounts will not change.

3:  Pay by module

  • For the greatest financial flexibility, you can pay by module.  While ESMT reserves the right to increase the per module fee, your tuition will be fixed for the entire program once you apply.  The current module fees are as follows:

 

Module Price in EUR for January 2023 Price in EUR from May 2023 onward
Module 0 + enrollment fee 4,000 4,000
Module 1 3,750 4,000
Module 2 3,750 4,000
Module 3 3,750 4,000
Module 4* 3,750 4,000
Module 5* 3,750 4,000
Module 6 3,750 4,000
Total tuition 26,500 28,000

 

* Payment for these modules will be billed in one combined payment. For more detailed information please contact admissions.
 

Early application discount

For students who apply by the early application deadline, the deposit (which covers the non-refundable enrollment and Module 0 fee) is reduced by €2,000. The first payment will thus be €2,000 instead of €4,000.

It is not possible to combine the early application discount with payment in full; you can, however, combine this offer with payment over two installments, or with payment by module.

 

Financing tip! Should you qualify for the tuition discounts above, your Global Online MBA could cost less than €1,000 per month when dividing the remaining tuition across the 24 months of the program.

 

Optional courses and electives at an additional cost

Some optional parts of the Global Online MBA can be purchased for an additional fee: Personalized career coaching sessions, as well as the Global Experience elective, are offered at an additional cost should you choose to attend them. You can choose to add these options after beginning the program. For more information, please contact the Admissions Office.

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