Scholarship Overview

MBS BEST Scholarship is offered by the Munich Business School . MBS BEST Scholarship is awarded to Masters Degree students who can demonstrate excellent academic achievement and the potential to contribute to the university community. This Merit Based scholarship will be given on a semester basis. The scholarship amount can be used for tuition. The maximum scholarship amount a student can get is Euro 3200. 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 and IELTS. As part of the selection process, students must attend an interview. Students must submit the following documentation to be considered for the scholarship: CV and Official Transcripts.

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

• Master of Arts in Innovation and Entrepreneurship
  Master of Arts in International Marketing and Brand Management
• Master of Arts in International Business

• This scholarship is applicable to Master of Arts programs

Scholarship amount details

Max scholarship per student: Euro 3,200 => Rs 2,91,392

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

Scholarship amount will be given: Every Semester

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

• The scholarships to be awarded have an amount of 20-40% per semester (maximum 3,200 € each on the 1st and 2nd master's semester).

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
Interview	Required

Eligibility

• Business-related bachelor degree from an accredited university, OR
• Bachelor degree in any field from accredited university PLUS pass MBS Pre-Master Program successfully 
• The prerequisites for this scholarship are: 
  • Very good grade average for Bachelor's degrees
  • Willingness to commit to MBS (e.g. student initiative, MBS ambassador at trade fairs and events)
  • Voluntary commitments (proof is desirable)
• English language proficiency requirement:
  • TOEFL ibt: minimum 85 (min. 22 in writing and min. 20 in all other bands
  • IELTS: minimum level of 6.5 – Academic Module
• Qualified applicants will be invited for a personal interview on-site in Munich or online via Microsoft Teams (approx. 30 - 45 minutes). The interview may include the processing of a case study.

Application Process for this scholarship

Application Documents

Type of documents	Indicates if this type of document is required to be submitted
CV	Required
Official transcripts	Required

• Submit a personal statement (1 page with the keyword "MBS BEST Scholarship")
• When submitting the online application, please provide the following mandatory documents:
  • Resume/CV
  • Copies of the graduation certificates and/or current university transcripts
  • Answering questions of motivation (various questions are available for selection during the online application process)
  • Recent photo of the applicant (professional, in color with bright background)
  • Copy of the school leaving certificate (e.g., Highschool Diploma, IB, Abitur)
  • Proof of English language proficiency
  • Reference letters (if available)
• Application process:
  • When applying for this scholarship, submit a personal statement (1 page with the keyword "MBS BEST Scholarship") and convince the school of the applicant's suitability

Scholarship Application

This scholarship needs a separate external application.

Important Dates

	Date	Additional Details
Application final end date	Not Available	No Specific Deadline is mentioned

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