Scholarships for MBA in Germany for Indian students ensure partially-funded or fully-funded education. Although you can pursue an MBA in Germany with no tuition fee at the public universities, the private institutes charge around 15 to 30 lakhs INR tuition fee. MBA scholarships in Germany from various universities, external organizations and the government cover the education expenses of these students. Some of the popular scholarships in Germany for international MBA students are as follows:
DAAD Scholarships
Each year, more than 100,000 fully-funded scholarships are given to international students to entice them to study in Germany. The government provides financial support through the DAAD scholarships for MBA in Germany. The details of DAAD scholarships is provided below:
| Type | Merit-Based |
|---|---|
| Application Process | Official DAAD website |
| Deadline | October 1, 2022 (Closed) |
| Benefit | 861 Euro per month |
| Eligibility | All students |
| Renewability | Yearly renewable |
| Number of Awards | 100,000 |
ESMT Dean’s Excellence Scholarship
ESMT Dean’s Excellence Scholarship is awarded to meritorious students with demonstrated leadership, interpersonal, and professional accomplishments. Award winners are required to contribute actively to the ESMT community and serve as ambassadors. Following are the details of the scholarship:
| Type | Merit-Based |
|---|---|
| Application Process | Separate application required |
| Deadline | Program application deadline |
| Benefit | 50% of tuition |
| Eligibility | ESMT community member |
| Number of Awards | 1 |
ESMT Regional Scholarship
Regional grants provided by ESMT covers the partial tuition cost of the students. International students from different regions are eligible for the scholarship. Students are expected to represent ESMT as an ambassador. The scholarship details are provided below:
| Type | Merit-Based |
|---|---|
| Application Process | Separate application required |
| Benefit | 25% of tuition fees |
| Eligibility for Asia | Excellent academic and professional achievement, leadership and growth potential, ambassador of ESMT |
| Number of Awards | 2 |
HHL Future Entrepreneur Scholarships
Candidates with entrepreneurial skills and want to launch a firm are given this partially subsidized grant. A scholarship application with a 1000 word essay or presentation adds more value to the application. A brief description of the HHL Future Entrepreneur Scholarships is provided below:
| Type | Merit-based |
|---|---|
| Application Process | Separate application required |
| Deadline | Application to be submitted at the time of program application |
| Benefit | 25% of Full Time MBA tuition fees |
| Eligibility | Undergraduate degree, 3 years of work experience, above average GMAT score, application for HHL full time MBA |
| Number of Awards | Varies |
HHL Asia-Pacific Scholarship
High-spirited international students who contribute diversity to the MBA class and meet the scholarship standards are the target audience for regional scholarships at HHL. The Asia-Pacific Scholarships provide Indian students with a scholarship for an MBA in Germany.
| Type | Merit-Based |
|---|---|
| Application Process | Separate application required |
| Deadline | Application to be submitted with program application |
| Benefit | Partial reduction in tuition fees |
| Eligibility | Full time MBA applicant at HHL, undergraduate degree, 3 years of work experience, above average GMAT score |
| Number of Awards | Variable |
HHL Women in Business Scholarships
HHL Women in Business Scholarships are awarded to qualified female MBA students. Applicants are advised to submit a slide presentation or traditional essay within 1,000 words. The scholarship application details are tabulated below:
| Type | Merit-based |
|---|---|
| Application Process | Separate application required |
| Deadline | Application to be submitted with program application, chances of availing increases with early application |
| Benefit | 25% of tuition fees |
| Eligibility | Undergraduate degree in any field, minimum 3 years of work experience, above average GMAT score, application for HHL full time MBA |
| Number of Awards | Variable |
Women in Business Scholarship
Women in Business Scholarships are provided to 37 ambitious women by Zonta International. Women of any age are eligible to apply for the award. Details of th scholarships are provided below:
| Type | Merit-Based |
|---|---|
| Application process | Separate application required |
| Deadline | Varies |
| Benefit | 5,000 USD (~5,140 Euro) |
| Eligibility | Pursuing a business masters program with specialization in international business, business management, business technology, information technology, accounting, marketing, economics, finance, operations management, human resources management, or entrepreneurship; living or studying in a Zonta district or region |
| Renewability | One Time Award |
| Number of Awards | 2 |
Mannheim Business School Network Scholarship
The Mannheim Business School recognizes potential and provides deserving students with a variety of partially supported scholarships. To ensure that your application is given the most weight, submit it as soon as possible. The MBS Network Scholarship is one of these, and the specifics are provided below:
| Type | Merit-Based |
|---|---|
| Application Process | MBS Network Scholarship Application |
| Deadline | 31 August 2022 (Closed) |
| Benefit | 12,000 Euro |
| Eligibility | Successful MBA applicant |
| Renewability | One time award |
| Number of Awards | 1 |
Frankfurt School MBA Scholarships
MBA scholarships in Germany are granted at Frankfurt School of Finance and Management to women in business, international students, and academically outstanding students among others. The application and award details are as follows.
| Type | Merit-Based |
|---|---|
| Application Process | No separate application |
| Deadline | Rolling basis |
| Benefit | A partial amount of tuition |
| Selection criteria | Academic results, admission test/ GMAT result, application quality, personal achievements and needs. Extracurricular activities, intercultural skills, social commitment, professional experience and international experience are considered |
| Number of Awards | Varies |
The Germany Scholarship
WHU Otto Beisheim School of Management Scholarships are based on your academic, personal, and professional accomplishments. Scholarships for Emerging Market Leaders, Scholarships for Ambitious Women, Scholarships for Social Entrepreneurs, and Scholarships for Diversity are among the available possibilities. The scholarship type and details are provided below:
| Type | Merit-based |
|---|---|
| Application Process | No separate application |
| Deadline | Program application deadline |
| Benefit | 300 Euro per month |
| Eligibility | Committed and talented student of WHU Otto Beisheim School of Management |
| Renewability | One time award |
| Number of Awards | 4 |
Note: Only a few among the numerous MBA scholarships in Germany are listed above. The universities provide various department-specific merit based or need based scholarships to international students.
Also Explore: Scholarships in Germany for International Students
FAQs
Ques. Is MBA in Germany free for international students?
Ans. MBA in the public universities in Germany is free of tuition cost. Students pursuing MBA in the private universities in Germany can estimate a cost of around 15-30 lakhs INR per year.
Ques. How can I do an MBA in Germany with a full scholarship?
Ans. Your best chance to attend an MBA program in Germany on a full scholarship may be a DAAD scholarship. The government offers a fully financed scholarship to international students who wish to pursue MBA, master's, LLB, and Ph.D. programs without regard to their chosen field of study.
Ques. Which are the top colleges for MBA scholarships in Germany?
Ans. ESMT Berlin, HHL Leipzig Graduate School of Management, Frankfurt School, Mannheim Business School, WHU Otto Beisheim School of Management, and others are among the top MBA universities in Germany offering scholarships for international students.
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