ERP Study Scholarships for Graduates of Economics and Business Administration

ERP Study Scholarships are sponsored by the Federal Ministry of Economic Affairs and Energy (BMWE) 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. The program provides comprehensive financial support including monthly stipends, study allowances, insurance coverage, and travel allowances for a complete Master's degree program in Germany. Scholarships are awarded for degree courses with a duration of 3 or 4 semesters, lasting 18-24 months. 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. Scholarship holders are selected by selection committees in the home countries.