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MBA scholarships

Awards available for outstanding candidates

ESMT’s MBA scholarship program helps make your goal of an international business career a reality. Supported by its 25 corporate founders, ESMT offers a number of partial-tuition scholarships for MBA applicants. Every year, there are also a limited number of prestigious full-tuition scholarships available.

ESMT allocates scholarships based on academic excellence, personal and professional achievement, particularly strong leadership potential, and superior interpersonal skills. MBA scholarships are restricted to self-funded candidates and are applied directly to the applicant’s tuition.

To receive a scholarship, MBA candidates first fill out an online application to the MBA program. Applicants can apply for all of the scholarships below, for which they qualify. The Early-Bird Discount applies to all applicants who submit an application by the indicated deadline. The GMAT/GRE and German language scholarships apply to all applicants who meet the criteria and may be combined with other scholarships. Only the ESMT Alumni and QS Diversity scholarships cannot be combined with other awards.

MBA Scholarships

  • Early Bird Discount

    Applicants who complete their application to the MBA program by the deadline below, will be automatically considered for an early bird discount on their tuition to the MBA program.

    Number of scholarships available: unlimited
    Value: € 3,000
    Eligibility: Completed applications submitted to the MBA program by the deadline. Candidates have six weeks after this deadline to submit GMAT/GRE scores.
    Deadline: July 2, 2019

  • GMAT or GRE Scholarship

    Applicants who submit successful GMAT or GRE (equivalent) scores will be considered for scholarships to acknowledge their success.

    Value: GMAT (or GRE equivalent) of 700 or higher       € 4,000
                GMAT (or GRE equivalent) of 650 to 690           € 2,000          

    Eligibility: Applicants will be considered after submitting a completed application to the MBA program including official test results from either the GMAT or GRE. GRE scores will be converted to a GMAT equivalent using this online converter.

    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         € 2,000
                 German language level B2         € 3,000
                 German language level C1/C2   € 4,000

    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.

    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.

  • Coding Bootcamp Scholarship

    Knowledge of coding can help applicants to better navigate situations requiring strategy, negotiation, supply chain, leadership and many other aspects of business. Additionally, coding can help graduates work between the tech and business worlds to future-proof their careers. To facilitate this, ESMT has added an optional coding bootcamp to its pre-MBA program.

    Applicants who complete their application to the MBA program by the deadline below, can choose to be considered for a scholarship that will cover the cost of their participation in the coding bootcamp, prior to the start of the MBA program. The bootcamp leads to a certificate in coding.

    Number of scholarships available: two
    Value: € 8,000
    Eligibility: Completed applications and a motivational letter explaining why a certificate in coding will be an asset to you as an MBA student and for your career submitted with your application for admission by the deadline.

  • 30% Club Scholarships

    The 30% Club is a global gender diversity campaign that aims to increase the number of women on boards, and throughout the pipeline, through the efforts of Chairs and CEO members who are committed to better gender balance at all levels of their organizations. Business leadership is key to the 30% Club mission, taking the issue beyond a specialist diversity effort and into mainstream talent management.

    ESMT and the 30% Club are committed to addressing gender imbalance and to helping more women reach influential positions. The 30% Club/ESMT MBA Scholarship has been established to encourage and support outstanding women who are aspiring towards senior leadership roles.

    Number of scholarships available: One
    Value: up to € 15,000
    Eligibility: Female candidates who have excelled in leadership positions during their career or who have a clear path toward leadership in the future.
    Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship.

  • Alumni Network Fellowship - non-profit sector

    Alumni Network Fellowship - non-profit sector

    The ESMT Alumni Network awards this fellowship to an outstanding applicant with a background in the non-profit sector planning to remain in non-profit after the MBA.

    Number of Scholarships available: one
    Value: Full tuition and fees
    Eligibility: Interested candidates must first be accepted to ESMT’s MBA programs and express their interest in the scholarship when applying. In addition to a first degree, applicants must show several years of work experience in a non-profit organization and be committed to returning to the non-profit world. The deadline to apply is August 15.

  • Women's Scholarship

    Number of scholarships available: two
    Value: up to € 10,000 (this scholarship cannot be combined with the GMAT/GRE scholarship)
    Eligibility: Female candidates with exceptional professional achievements and a GMAT score of over 650 are eligible.
    Requirements: Candidates need to provide their official GMAT scores (not older than five years) and should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship

  • Startup Scholarship

    Number of Scholarships available: two
    Value: € 5,000 to € 10,000
    Eligibility: At least three years experience running your own startup, including equity ownership in the company. This scholarship cannot be combined with the Social Impact scholarship.

  • Social Impact Scholarship

    Number of scholarships available: two
    Value: € 5,000 to € 10,000
    Eligibility: At least three years experience working in a social impact or not-for profit organization. This scholarship cannot be combined with the startup scholarship

  • ESMT e-fellows MBA Scholarship

    ESMT Berlin is pleased to partner with e-fellows to offer a scholarship to e-fellows members, alumni or e-fellows MBA day participants.

    Value:  up to € 10,000
    Eligibility: A motivational essay explaining why you are the perfect candidate for the scholarship should accompany your application for admission to the EMBA program.
    Deadline: September 30

    For more information, please visit the e-fellows.net site.

  • QS ESMT Diversity Scholarships

    Value: € 10,000
    Eligibility: Attendance to at least one QS MBA Tour event in the past two years. Minimum GMAT score of 650. Candidates must demonstrate a clear interest in responsible leadership, sustainable development, and technology.
    Requirements: Applications for this Scholarship are accepted exclusively by QS. Click here for further information and to apply. Candidates submit an essay on the topic "Describe one event from your professional life where you challenged mainstream thought in a group setting, and describe the outcome, positive or negative" (max. 300 words). Candidates must also submit a complete ESMT MBA application.

    The scholarship deadline is September 30.

    Note: QS Diversity Scholarship recipients forfeit any other scholarship awarded earlier (except Early-Bird Discounts)

  • Regional Scholarships

    Requirements: Candidates should complete the scholarship essay as part of their ESMT online application explaining how they qualify for this scholarship. Candidates will be expected to actively promote the school in their country throughout and after their studies, e.g. by serving as an ESMT mentor.

    Value: up to € 10,000

    ESMT Africa Scholarship

    Number of scholarships available: two
    Eligibility: Candidates with permanent residence in any African country. Candidates are expected to prove their strong intention to promote business development and pursue professional options in Africa within a reasonable timeframe after completion of the program.

    ESMT Americas Scholarship

    Number of scholarships available: two
    Eligibility: Candidates with permanent residence in any South, Central or North American country. Candidates are expected to prove their strong intention to promote business development and pursue professional options in Latin and/or North America

    ESMT Asia Scholarship

    Number of scholarships available: two
    Eligibility: Candidates with permanent residence in a South or East Asian / Australasian country

    ESMT Central and Eastern Europe Scholarship

    Number of scholarships available: two
    Eligibility: Candidates with permanent residence in a Central or Eastern European country: Estonia, Latvia, Lithuania, Belarus, Moldova, Ukraine, Russia, Serbia, Kosovo, Slovenia, Croatia, Hungary, Czech Republic, Slovakia, Poland, Montenegro, Bosnia-Herzegovina, Albania, Romania, Bulgaria.

    ESMT Middle East and Central Asia Scholarship

    Number of scholarships available: two
    Eligibility: Candidates with permanent residence in Lebanon, Turkey, Georgia, Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan, Afghanistan, Uzbekistan, Iran, Iraq, Syria, Jordan, Israel, Saudi Arabia, Yemen, Oman, UAE, Kuwait, Bahrain, Qatar

  • Bundeswehr Scholarships

    ESMT is pleased to offer all German Bundeswehr Officers who are exiting the military a 25% scholarship for the ESMT full-time MBA program.

    Number of Scholarships available: Unlimited
    Value: € 10,875
    Eligibility:  Applications must be received within one year of the formal ending of service. Interested candidates must first be accepted to ESMT’s MBA programs and express their interest in the scholarship when applying.