ERP Study Scholarships For Graduates Of Economics And Business Administration 2024-25

Eligibility Criteria (General):

• Applicants must hold a first degree Bachelor, Diploma, or equivalent academic degree in the field of Economics and Business Administration.
• Applicants must exhibit superior academic standing.
• The scholarship is provided to selected nationals only.
• Applicants must enroll in a master's program in Germany.
• Applicants who have been resident in Germany for longer than 15 months at the time of application are ineligible.

Application Process (General):

All eligible candidates must apply online to be considered for the scholarship. The application should include the following components:

• Online application form
• Full curriculum vitae in tabular form (max. 3 pages)
• Statement about academic and personal reasons for the planned study project in Germany (letter of motivation)
• Letter of admission to a study program
• University degree certificate indicating final grades
• Proof of level of German proficiency at the time of application and language proficiency tests according to the requirements of the chosen study programs
• One recent, supporting letter of recommendation 
• School leaving certificate with all individual grades 

Benefits (General):

The successful candidates can avail of the following benefits:

• Scholarship payment of EUR 992 monthly
• Study allowance of EUR 460 yearly
• Payments toward health, accident, and personal liability insurance cover
• Travel allowance
• Upon the 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.

Note: The applicant must select their status or country to know the country-specific application requirements.