ERP Study Scholarships for Graduates of Economics and Business Administration
DAAD (Deutscher Akademischer Austauschdienst)
Quick Facts
A word from Eli, founder of Rise Africa Scholars
MSc Information Security — Unicaf Scholar
While you wait for a fully funded opportunity, don’t put your education on hold. I completed my MSc through Unicaf — studying online from Nairobi while working full-time. The tuition discount made it genuinely affordable, and the degree is from an accredited UK university.
If you’re serious about advancing your career now, I’d encourage you to explore it. I only recommend what I’ve used myself.
About This Scholarship
The ERP Study Scholarships, funded by Germany’s Federal Ministry of Economic Affairs and Energy and administered by DAAD, support international graduates in economics and business administration to pursue a full master’s degree at state-recognised German institutions. The scholarship covers tuition, stipend, study allowance, insurance, and travel costs for 18-24 months of study.
What This Scholarship Covers
- Monthly stipend of €992
- Annual study allowance of €460
- Health, accident, and liability insurance coverage
- Travel allowance upon application
- Tuition-free programmes
- Optional two-month German language course before studies begin
Who Can Apply
- 1 Hold a bachelor's degree in economics, business administration, or equivalent
- 2 Have completed last degree within six years of application
- 3 Apply to three German universities simultaneously
- 4 Not have resided in Germany for more than 15 months at application deadline
- 5 Provide proof of language proficiency in programme's language of instruction (German or English)
- 6 Be a graduate from countries outside Germany