MBA Scholarships in Germany: University Wise List

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MBA Scholarships in Germany

Based on various studies available online, Germany is considered to be one of the most affordable countries in Europe for higher education. Every year, thousands of students migrate to Germany to pursue courses such as Masters of Business Administration because of the lower cost of studying and living cost. To support these students and provide them with financial aid based on their academic merit and other factors, universities and independent organisations offer numerous MBA scholarships with detailed eligibility criteria, benefits, and more. 


This blog aims to provide you with a comprehensive list of such scholarships, so you can make an informed decision. Happy reading! 

Top University Wise MBA Scholarships in Germany

Several universities in Germany offer MBA scholarships. See below for a detailed list.

HHL Leipzig Graduate School of Management Scholarships

HHL Leipzig Graduate School of Management is one of the best universities for students pursuing master’s and administrative programs in Germany. This university is responsible for providing several scholarships to women to promote their education.

Here are some of the scholarships named by this institute:

  1. HHL Women in Business Scholarships
  2. HHL Future Entrepreneur Scholarships
  3. HHL Asia-Pacific Scholarship

Mannheim School of Business Scholarships

The Mannheim School of Business provides a lot of opportunities for students pursuing an MBA in their college.  This business school is one of the best business schools for everyone and is located in Mannheim. It was established in 2005. Refer to the table below for details on Mannheim School of Business scholarships:

Application ProcessMBS Network Scholarship Application
Application Deadlines31 August 2022
Amount Covered€5,000
Number of Awards1
DurationOne-time award

Frankfurt School MBA Scholarships

 Frankfurt School of Finance and Management is one of the best universities for studying Finance in Germany. It was founded in 1957. One of the best features of the Frankfurt Institute is that they prefer to provide scholarships to female candidates. Here are the details of the scholarship:

Application ProcessNo separate application
Application DeadlinesRolling basis
Amount CoveredPartial amount of tuition
Number of AwardsVaries
DurationProgram duration

WHU Otto Beisheim School of Management

WHU Otto Beisheim School of Management provides several scholarships to students who wish to study different Management programs in Germany, such as an MBA. Some of the names of these scholarships are Emerging Market Leaders, Scholarship for Ambitious Women, Scholarship for Social Entrepreneurs and Scholarship for Diversity. 

Refer to the table below for details:

Application ProcessSeparate application required
Application DeadlinesVaries
Amount CoveredVaries
Number of Awards4
DurationOne-time award

ESMT MBA Scholarships

ESMT Business is one of the best institutes in Berlin, Germany, where students prefer to be admitted to many programs such as an MBA. This institute offers more than 25 fully funded scholarships that are based on the candidate’s academic record. 

Students taking admission to this institute are eligible to apply for 3 scholarships that are granted based on their scores. Here are the details:

Name of Scholarship Details
Early Application ScholarshipAwarded to students who apply within the first 3 of admission. 
The amounts awarded are €5,000, €2,500 and €1,000 for rounds 1, 2 and 3 respectively.
GMAT/ GRE ScholarshipYou must have a GMAT or GRE score equivalent to the 85th percentile or above. 

You will be awarded a one-time scholarship of €3,000.
German Language ScholarshipsStudents with German language proficiency Scholarship worth €1,000 for B1/ B2 level of proficiency and €2,000 for C1/C2 levels.

Also Read: SBW Berlin Scholarships: Eligibility, Benefits, Application

Top MBA Scholarships in Germany

Apart from all the university-based scholarships, there are many private organisations in Germany too who provide many scholarships to study who need to complete their education abroad.

Here are some top scholarships that you can refer to:

DAAD Scholarship

One of the top organisations in Germany is responsible for providing scholarships to over 10,000 students every year who are studying in Germany. This scholarship is provided to students of different countries, and Indian students get a lot of benefits from this. 

The scholarship amount for the DAAD Scholarship ranges from 800 euros to 2500 euros for students from different programs. Here are the other details:

Application ProcessOfficial DAAD website
Application DeadlinesTo be notified
Amount CoveredFully funded
Number of Awards100,000
Duration1-2 years

Friedrich Ebert Scholarship

Friedrich-Ebert-Stiftung (FES) offers a Friedrich-Ebert Foundation scholarship for students pursuing their UG and PG courses in Germany. Students who are not only pursuing an MBA can also apply for this scholarship. 

These scholarships are granted based on Merit i.e. their marks in their last academic record. Here is the detailed information:

Scholarship TypeMerit-Based
OrganizationFriedrich-Ebert-Stiftung (FES)
Application DeadlineTo be notified
Number of ScholarshipsTo be notified
AmountTo be notified

Also Read: German Chancellor Fellowship


How can I get a scholarship in Germany?

The first step for the candidate is to secure good marks. Students need to take the GMAT exam as a lot of scholarships are granted based on GMAT scores.

Can I get a 100% scholarship for an MBA In Germany?

Yes, many of the MBA scholarships in Germany are fully funded. These scholarships are mostly provided based on merit.

How can I apply for MBA scholarships in Germany?

To apply for the MBA scholarship in Germany, the candidates have to first visit the official websites of the providers and apply online.

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DAAD Scholarship: Institutions, Eligibility, Application
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This was all about the” MBA Scholarships in Germany” Are you exploring study-abroad scholarships? Still trying to figure out how to go about it? Let the professionals at Leverage Edu take care of your academic journey! You may enlist the assistance of Leverage Edu specialists to assist you with the application process to realize your goals. Call us immediately at 1800-572-000 for a free 30-minute counselling session.

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