ERP Study Scholarships, sponsored by the Federal Ministry of Economic Affairs and Energy (BMWE), offer foreign graduates in economics and business administration the chance to pursue a master’s degree at state-recognised German institutions.
Application Deadline:
- 16 November 2026
Tell Me About The Award:
The ERP Study Scholarships, funded by Germany’s Federal Ministry of Economic Affairs and Energy (BMWi) and administered by DAAD, support international graduates in economics and business administration to pursue a full master’s degree in Germany.
Which Fields are Eligible?
- Economics
- Business Administration
- Related fields such as finance, management, and international business.
Type:
- Master’s Scholarship | Germany | Fully Funded (tuition-free programs only)
Who can apply?
Applicants must:
- Hold a bachelor’s degree in economics or business administration (or equivalent).
- Have completed their last degree within six years of application.
- Apply to three German universities simultaneously.
- Not have resided in Germany for more than 15 months at the application deadline.
- Provide proof of language proficiency in the programme’s language of instruction (German or English).
How are applicants selected?
- Selection committees in applicants’ home countries review applications.
- Criteria include:
- Academic excellence.
- Quality of study project and motivation letter.
- Language proficiency.
- Potential for academic and professional development.
Which Countries Are Eligible?
- Open internationally (graduates from all countries outside Germany).
Where will the award be taken?
- State or state-recognised German universities.
How Many Awards?
- Multiple scholarships awarded annually.
What is the benefit of the award?
- €992 monthly stipend.
- €460 annual study allowance.
- Health, accident, and liability insurance coverage.
- Travel allowance (upon application).
- Optional two-month German language course before studies begin.
How Long Will the Award Last?
- 18–24 months, depending on program length (3–4 semesters).
- Renewal after first year subject to academic performance.
How to Apply:
- Register and complete the online application via the DAAD portal.
- Upload required documents:
- CV (max. 3 pages).
- Motivation letter (1–2 pages).
- University admission letter (or proof of application).
- Completed “Information about preferred Master’s programmes” form.
- Degree certificate(s) and transcripts.
- Proof of language proficiency (German or English).
- One recommendation letter from a university professor.
- School leaving certificate with grades.
- Translations (German/English) if documents are in another language.
- Submit all documents as one complete application before 16 November 2026.
🌐 Visit the Application Webpage for Details
