Financing and scholarships
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Supported by its 25 corporate founders ESMT is able to offer substantial scholarships to support students. ESMT is offering a number of merit-based scholarships for applicants to the Full-time MBA program commencing January 2014 and the Executive MBA program beginning October 2013.
Scholarships will be allocated on the basis of intellectual excellence, evidence of personal and professional achievement and evidence of strong leadership potential as well as superior interpersonal skills.
The scholarships are restricted to self-funded candidates and will be accounted for against the applicant’s program fees. Applicants must meet ESMT’s general admission requirements.
ESMT would like to highlight the following scholarship opportunities:
Alumni Network Fellowship
The ESMT Alumni Network awards this scholarship to an outstanding applicant with a background in the non-profit sector planning to remain in this sector following their MBA.
Program: Executive MBA and Full-time MBA
Number of Scholarships available: one
Value: Full tuition and fees
Eligibility: Interested candidates must meet the enrollment requirements of ESMT and express their interest in the scholarship when applying to the program. In addition to a first degree, applicants must show several years of work experience in a non-profit organization and be committed to returning to the non-profit world.
ESMT Academic Excellence Scholarship
ESMT offers special-tuition scholarships to male and female candidates applying to the ESMT Full-time MBA program with an exceptionally strong GMAT score and a record of academic excellence at undergraduate level.
Program: Full-time MBA
Number of scholarships available: two
Value: up to € 15,000
Eligibility: All candidates with a GMAT score of 700+ are eligible to apply
Criteria: Candidates are to provide proof of a valid GMAT score (not older than five years) and a short essay (max. 300 words) stating why they qualify for this scholarship.
ESMT Academic Excellence Scholarship for Women
ESMT offers special-tuition scholarships to female candidates applying to the ESMT Full-time MBA program with an exceptionally strong GMAT score and a record of academic excellence at undergraduate level.
Program: Full-time MBA
Number of scholarships available: twoValue: Full tuition and fees
Eligibility: Female candidates with a GMAT score of 700+ are eligible to apply
Criteria: Candidates are to provide proof of a valid GMAT score (not older than five years) and a short essay (max. 300 words) stating why they qualify for this scholarship.
ESMT Africa Scholarship
ESMT awards one prestigious scholarship to an outstanding male or female candidate applying to either program from an African country.
Program: Executive MBA and Full-time MBA
Number of scholarships available: one for each program
Value: up to € 25,000 (Executive MBA); up to € 15,000 (Full-time MBA)
Eligibility:
- Candidates with permanent residence in any African country
- Candidates are expected to prove their strong intention to promote business development and pursue professional options in Africa within a reasonable timeframe after completion of the program.
Requirements:
Candidates are required to submit a scholarship essay along with their complete application to the ESMT Full-time MBA program. Candidates will be expected to actively promote the school in the respective regions throughout and after their studies, e.g. by participating in the ESMT mentoring program.
ESMT Americas Scholarship
ESMT awards one prestigious scholarship to an outstanding male or female candidate applying to either program from a Latin or North American country.
Program: Executive MBA and Full-time MBA
Number of scholarships available: one for each program
Value: up to € 25,000 (Executive MBA); up to € 15,000 (Full-time MBA)
Eligibility:
- Candidates with permanent residence in any South, Central or North American country
- Candidates are expected to prove their strong intention to promote business development and pursue professional options in Latin and/or North America
Requirements: Candidates are required to submit a scholarship essay along with their complete application to the Full-time MBA program. Candidates will be expected to actively promote the school in the respective regions throughout and after their studies, e.g. by participating in the ESMT mentoring program.
ESMT Asia Scholarship
ESMT awards one prestigious scholarship to an outstanding male or female candidate applying to either program from an Asian country.
Program: Full-time MBA
Number of scholarships available: two
Value: up to € 15,000
Eligibility: Candidates with permanent residence in a South or East Asian / Australasian country
Requirements:
Candidates are required to submit a scholarship essay along with their complete application to the ESMT Full-time MBA program. Candidates will be expected to actively promote the school in the respective regions throughout and after their studies, e.g. by participating in the ESMT mentoring program.
ESMT Central and Eastern Europe Scholarship
ESMT awards one prestigious scholarship to an outstanding male or female candidate applying from a Central or Eastern Europe country.
Program:Executive MBA and Full-time MBA
Number of scholarships available: one for each program
Value: up to € 25,000 (Executive MBA); up to € 15,000 (Full-time MBA)
Eligibility:
- Candidates with permanent residence in a Central or Eastern European country: Estonia, Latvia, Lithuania, Belarus, Moldova, Ukraine, Russia, Serbia, Slovenia, Croatia, Hungary, Czech Republic, Slovakia, Poland, Montenegro, Bosnia-Herzegovina, Albania, Romania, Bulgaria
- Candidates are expected to prove their strong intention to promote business development and pursue professional options in Central and Eastern Europe within a reasonable timeframe after completion of the program.
Requirements:
Candidates are required to submit a scholarship essay along with their complete application to the ESMT Full-time MBA program. Candidates will be expected to actively promote the school in the respective regions throughout and after their studies, e.g. by participating in the ESMT mentoring program.
ESMT Middle East and Central Asia Scholarship
ESMT awards one prestigious scholarship to an outstanding male or female candidate applying to either program from a Middle Eastern or Central Asian country.
Program:Executive MBA and Full-time MBA
Number of scholarships available: one for each program
Value: up to € 25,000 (Executive MBA); up to € 15,000 (Full-time MBA)
Eligibility: Candidates with permanent residence in Lebanon, Turkey, Georgia, Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan, Afghanistan, Uzbekistan, Iran, Iraq, Syria, Jordan, Israel, Saudi Arabia, Yemen, Oman, UAE, Kuwait, Bahrain, Qatar
Requirements:
Candidates are required to submit a scholarship essay along with their complete application to the ESMT Full-time MBA program. Candidates will be expected to actively promote the school in the respective regions throughout and after their studies, e.g. by participating in the ESMT mentoring program.
Global Women's Scholarship
ESMT offers special full-tuition scholarship to female candidates for the Executive MBA program 2013-2015 and the Full-time MBA program 2014 who demonstrate outstanding professional and academic merit.
Program: Executive MBA and Full-time MBA
Number of scholarships available: one for Executive MBA or one for Full-Time MBA
Value: up to € 25,000 (Executive MBA), full tuition (Full-time MBA)
Eligibility: Female candidates who have been accepted either to the ESMT Full-time MBA and who fully rely on self-funding. Candidates must demonstrate financial need.
Requirements: The scholarship will be granted to those female candidates who demonstrate outstanding leadership potential, as displayed in essays submitted in the completed online application and supporting documents, as well as a strong performance in the admission interview.
Kofi Annan Business Schools Foundation
The Kofi Annan Business Schools Foundation provides fellowships for talented and motivated students from developing countries that allow them to obtain a bachelor’s or master’s degree in Europe at one of the academic partners of the Kofi Annan Business Schools Foundation. Partner schools are ESMT, Vlerick Leuven Gent Management School (Belgium), and Hogeschool Utrecht (Netherlands).
Program: Full-time MBA
Number of scholarships available: up to three
Eligibility: Applicants must be resident in one of the UN’s Least Develped Countries (LDCs), Landlocked Developing Countries (LLDCs), or Palestine.
Please use these links to find a list of countries qualifying:
Least Developed Countries (LDCs)
Landlocked Developing Countries (LLDCs)
Value: full tuition and fees of € 38,000 and a monthly stipend for living expenses
Conditions: Fellows are expected to commit to returning to their home country or region to participate in the development of the local or regional economy.
QS ESMT Diversity Scholarships
Program: Full-time MBA
Number of scholarships available: two
Value: € 25,000
Eligibility:
- Attendance at least one QS MBA Tour event in 2012 or 2013
- Candidates possessing more than 3 years of work experience at the time of program start, GMAT score beyond 650
- Candidates must demonstrate a clear interest in responsible leadership and sustainable development and technology.
Candidates are to submit an essay on the topic "Describe one event from your professional life where you challenged mainstream thought in a group setting, and describe the outcome, positive or negative" (max. 300 words) along with their complete application to the Full-time MBA program.
Talentia Scholarships
Talentia, an agency from the Junta de Andalucía, provides funding covering the program fees, living and travel expenses to selected applicants.
Applicants must be interested in pursuing professional development and academic post-graduate programs at selected centers of academic excellence. ESMT, selected as a center of academic excellence by Talentia, offers a Full-time MBA, Executive MBA and professional programs.
Applicants must fulfill certain requirements including being a citizen of the EU with a link to Andalucía. For more information, please click here.
ESMT European School of
