Overview
Scholarship type
Merit and need based
Number of scholarships to award
Multiple
Grant
EUR 992 per month
Scholarship coverage
- living expenses
- accommodation
- travel expenses
- health
- other
Description
ERP Study Scholarships are sponsored by the Federal Ministry of Economic Affairs and Climate Action (BMWK) to provide foreign graduates of Economics and Business Administration with opportunities to complete a Master's degree course at a state (public) or state-recognised German higher education institution and to gain a Master's Degree in Germany in the field of Economics and Business Administration .
Benefits
Scholarship payments of 992 euros a month.
Study allowance of 460 euros a year.
Payments towards health, accident and personal liability insurance cover.
Travel allowance.
Upon decision of the selection committee the DAAD may fund attendance of a German language course at a language school in Germany for two months before the scholarship-supported studies begin.
Further payments can be paid upon application.
Eligibility
- You must hold at least your first academic degree.
- As a rule, you should have taken the final examinations of your last academic degree no longer than six years before the time of application.
- You must apply to three host universities for admission to studies simultaneously. The scholarship award letter from the DAAD only becomes effective if the notification of admission has been presented to the DAAD in due time before the beginning of the scholarship.
- Your application cannot be considered, if you have been resident in Germany for longer than 15 months at the application deadline.
- Incomplete applications cannot be considered by the DAAD.
Scholarship requirements
Disciplines
Multiple disciplines
Locations
Germany
Nationality
10 nationalities
Study experience required
Bachelor
Age
Unknown
Application
Application deadline
17 Nov 2026
Application deadlines are updated at least once a year. In most cases, they are in the same period as the previous year.
After registering on the DAAD portal, please complete the online application in full. Then upload the application documents listed below to the DAAD portal in the section ‘Attachments’.Certificates, proof of credits, certifications and translations may be scanned in non-certified form and uploaded to the DAAD portal. DAAD's Head Office in Bonn will only request certified copies of the submitted documents in paper form if a grant is awarded!