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ERP Scholarship (DAAD) for Master's in Economics and Management

Scholarship Fully funded
DAAD (German Academic Exchange Service) and the ERP Special Fund Germany 2026

Information

The ERP Scholarship is a funded programme administered with the DAAD and the ERP Special Fund to support outstanding graduates pursuing a Master's degree in economics, business management or economic policy in Germany. Recipients receive a monthly allowance, travel and insurance support, and potential tuition assistance depending on the host institution. The programme also provides alumni networking and academic evaluation by an expert committee.

Benefits

Monthly stipend of 992 euros, health and accident insurance allowance, travel support for return journey, possible tuition allowance, DAAD alumni network support.

Eligibility

Holders of a first university degree in economics or business management with excellent academic results, a coherent study project, demonstrated personal or professional engagement in economics, and proof of language proficiency in the language of instruction (German or English).

Application

Complete and submit the online application form via the DAAD scholarship portal with CV, motivation letter, transcripts, recommendation letters and language certificate; applications are evaluated by an independent academic committee.

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