Scholarship Overview

MBA Scholarship is offered by the Munich Business School . MBA Scholarship is awarded to Masters Degree students who can demonstrate excellent academic achievement and the potential to contribute to the university community. This Need Based scholarship will be given one time. The scholarship amount can be used for tuition. The maximum scholarship amount a student can get is Euro 6400. Students will be auto-considered for this scholarship if they apply for the courses on which this scholarship is applicable. In this case, they need not submit a separate application for applying to this scholarship. To qualify for the award, candidates must have completed the Bachelor degree and passed the 12th grade. International students seeing to avail this scholarship need to appear for English proficiency tests like TOEFL, IELTS . For the purpose of receiving the scholarship, students must have job experience.

Applicable course, university and country

This scholarship is applicable for Masters Degree

This scholarship is applicable for the following courses in Munich Business School in Germany

• MBA General Management

• The scholarship is for full-time MBA students

Scholarship amount details

Max scholarship per student: Euro 6,400 => Rs 5,82,784

Conversion rate used: 1 Euro = Rs. 93.25 (last updated 26th September 2024)

Scholarship amount will be given: One Time

Scholarship amount can be used for

Type of Expense	Indicates if scholarship can be used for this type of expense
Tuition & Fees	✔Scholarship amount can be used for this
Living Expense	×Not covered in scholarship
Accommodation	×Not covered in scholarship
Air Fare/Travel Expenses	×Not covered in scholarship
Spouse/Child Care	×Not covered in scholarship
Health Cover	×Not covered in scholarship
Application	×Not covered in scholarship
Others	×Not covered in scholarship

•  Munich Business School offers students a limited number of partial scholarships of 20 % of the program fee

Student Awards

Number of students to be awarded: Varies

Scholarship Eligibility

Special Restrictions

• No Special Restriction applicable

Exams Details

Exam name	Indicates if exam is required and cutoff (if any)
TOEFL	Required (minimum score 85)
IELTS	Required (minimum score 6.5)
12	Required
UG	Required
Work Experience	Required

Eligibility

• Applicants should have successfully completed a recognized degree in any subject
• The prerequisites for this scholarship are:
  • Justification and proof of special achievements during professional life
  • Willingness to get involved at MBS (e.g. Student Initiative, MBS Ambassador at trade fairs or events)
• Applicants will be required to present evidence of at least two years of pertinent work experience after their first degree
• Applicants with less experience may also be admitted, depends upon their past achievements
• TOEFL: With a minimum of 22 in the writing band, a minimum of 20 in all other bands
• The English proficiency test can be waived by the following applicants:
  • Applicants having completed their schooling in English (i.e., High School Diploma, IB)
  • Applicants having completed their first academic degree in English
  • English is the official language in daily business communication in the current position and company (the school requires a confirmation letter from the applicant's employer) for at least 2 years
• Interview:
  • Round April: Application deadline April 15 with personal interviews in April/May
  • Round May: Application deadline May 31 with personal interviews in June
  • Round July: Application deadline July 15 with personal interviews in July/August
  • The interview will last approximately 30-45 minutes

Application Process for this scholarship

• Submit a personal statement (1 page with the keyword "MBA Scholarship") and convince the school of the applicant's suitability
• Letter of motivation (1-2 pages)
• Current curriculum vitae
• A copy of an official academic transcript stating the final grade
• Two references of the applicant's current or previous employers
• Proof of English proficiency (TOEFL 85, IELTS 6.5, ELS 112)
• A copy of the passport details page (the one with the photo)
• A recent passport size photo

Applicants process:

• In order to apply for one of these limited scholarships, students will probably have to attach a personal statement and additional proof to their application

Scholarship Application

Students will be auto-considered for this scholarship when they apply for the courses on which this scholarship is applicable. No separate application is needed.

Important Dates

	Date	Additional Details
Application final end date	November 15, 2023	March 2024 study start: Application deadline November 15, 2023 for international students

Please note that these dates could be in local country times and may not be IST (Indian standard time).