Fully Funded ERP Study Scholarships in Germany 2024-25

The Fully Funded ERP Study Scholarships in Germany is open now. It is offered for MBA degree in the field of Economics and Business Administration. The deadline for the sending your application is 31 Oct 2024. This scholarship is provided by German Academic Exchange Service (DAAD). 

ERP Study Scholarships are sponsored by the Federal Ministry of Economic Affairs and Climate Action (BMWK) to provide foreign graduates of Economics and Business Administration with opportunities to complete a Master's degree course at a state (public) or state-recognized German higher education institution and to gain a Master's Degree in Germany in the field of Economics and Business Administration.

• Scholarship payment of EUR 992 monthly
• A study allowance of EUR 460 yearly
• Payments toward health, accident, and personal liability insurance cover
• Travel allowance
• Upon the decision of the selection committee, the DAAD may fund attendance of a German language course at a language school in Germany for two months before the scholarship-supported studies begin.

• Applicants must hold a first degree Bachelor, Diploma, or equivalent academic degree in the field of Economics and Business Administration.
• Applicants must exhibit superior academic standing.
• The scholarship is provided to selected nationals only.
• Applicants must enroll in a master's program in Germany.
• Applicants who have been resident in Germany for longer than 15 months at the time of application are ineligible.