Are you a graduate in Economics or Business Administration from one of the eligible countries? Do you dream of pursuing an MBA in Germany with full financial support? If so, the ERP Study Scholarships for Graduates of Economics and Business Administration for 2023 might be the opportunity you’ve been waiting for!
Offered by the esteemed German Academic Exchange Service (DAAD) and sponsored by the Federal Ministry of Economic Affairs and Climate Action (BMWK), this scholarship aims to provide outstanding graduates from select countries with a chance to pursue a Master’s degree in Economics and Business Administration at a state or state-recognized German higher education institution.
To be considered for this scholarship, you need to meet the following criteria:
- Be a graduate in the field of Economics and Business Administration from one of the eligible countries: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Russian Federation, Serbia, Ukraine, or Uzbekistan.
- Hold a first degree (Bachelor, Diplom, or a similar academic degree) in Economics or Business Administration by the time you commence your scholarship-supported Master’s program.
Benefits of the Scholarship:
If selected, you will receive a comprehensive funding package, including:
- Monthly stipend of EUR 850 to cover living expenses during your studies.
- A study allowance of EUR 460 per year.
- Support for health, accident, and personal liability insurance coverage.
- Travel allowance to assist with travel expenses to and from Germany.
- The possibility of attending a two-month German language course in Germany before starting your scholarship-supported studies, subject to the decision of the selection committee.
The deadline for submitting your application varies, so make sure to check the official DAAD website for the most up-to-date information. To apply, visit the DAAD website and complete the application form with all required documents, including your academic transcripts, letter of motivation, and letters of recommendation.
This is an incredible opportunity for talented graduates in Economics and Business Administration to pursue an MBA in one of the world’s leading economies. If you meet the eligibility criteria, don’t miss out on this chance to further your education and career prospects with full financial support. Apply today and take a step closer to achieving your academic and professional goals!