ERP Study Scholarships for Graduates of Economics and Business Administration

Brief Description

The ERP Study Scholarships for Graduates of Economics and Business Administration aims to support outstanding graduates from developing and newly industrialized countries who wish to pursue a Master’s degree in Germany. The scholarship program is funded by the Federal Ministry for Economic Affairs and Energy (BMWi) and covers a wide range of fields related to economics and business administration.

Host Institution(s)

The scholarship is open to applicants who have been accepted to one of the participating German universities. The list of partner universities changes every year, and the selection is made based on the university’s academic reputation and the quality and relevance of its programs to the scholarship’s objectives.

Level/Field of Study

The scholarship is available for students pursuing a Master’s degree in economics or business administration-related fields, such as International Business, Economic Policy, Finance, and Management.

Number of Awards

The exact number of awards varies from year to year, but typically around 10 to 15 scholarships are awarded each year.

Target Group

The scholarship program is open to graduates from developing and newly industrialized countries in Africa, Asia, Latin America, and Southeast Europe.

Scholarship Value/Inclusions

The scholarship covers tuition fees, a monthly stipend of 850 euros, health insurance, and travel allowance. The stipend is intended to cover living expenses, such as accommodation, food, and transportation. The exact amount may vary depending on the location of the university and the cost of living.

Eligibility Criteria

To be eligible for the ERP Study Scholarship,

• Applicants must have a completed Bachelor’s degree in economics, business administration, or a related field.
• They must also have a minimum of two years of professional experience in their field of study.

Also Check: Ernst Mach Scholarship – UKRAINE

Application Instructions

Interested applicants must apply through the DAAD online portal and submit all required documents, including a motivation letter, a project outline, and a letter of recommendation from a university professor or employer. It is essential to thoroughly research the eligibility criteria and application requirements to ensure a successful application.

Official Website

To learn more about the ERP Study Scholarships for Graduates of Economics and Business Administration, including the list of participating universities, application deadlines, and detailed eligibility criteria, visit the official DAAD website.