ERP DAAD Scholarships 2027, Germany
Germany has officially opened applications for the ERP DAAD Scholarships 2027, offering international graduates an excellent opportunity to pursue a fully funded master's degree in economics and business-related fields. Administered by the German Academic Exchange Service (DAAD), this prestigious scholarship provides generous financial support, including a monthly stipend of €992, insurance coverage, study allowances, and additional benefits.
The scholarship aims to support talented students from around the world who wish to continue their higher education at public or state-recognized universities in Germany while gaining access to one of Europe's strongest economies.
Scholarship Summary
- Host Country: Germany
- Scholarship Provider: German Academic Exchange Service (DAAD)
- Programme: ERP Study Scholarships for Graduates of Economics and Business Administration
- Degree Level: Master's Degree
- Financial Coverage: Fully Funded
- Application Deadline: 16 November 2026
- Study Commencement: October 2027
Degree Level
The ERP DAAD Scholarship supports students pursuing:
- Master's Degree (MSc, MA, or equivalent)
Funding is available for master's programmes lasting 18 to 24 months, depending on the selected course.
Available Subjects
Students from economics and business-related disciplines are encouraged to apply, including:
- Economics
- Business Administration
- Finance
- Management
- Accounting
- Banking
- International Business
- Business Analytics
- Entrepreneurship
- Marketing
- Public Economics
- Related Business and Economic Fields
Benefits
Successful applicants will receive an extensive funding package, including:
- Monthly stipend of €992
- Annual study allowance of €460
- Full tuition support at eligible public or state-recognized German universities
- Health insurance coverage
- Accident insurance
- Personal liability insurance
- Possible travel allowance depending on individual circumstances
- Opportunity to attend a two-month German language course before studies begin (subject to approval)
- Funding for master's programmes lasting between 18 and 24 months
Eligible Nationalities
The scholarship is open to international students from eligible countries worldwide who meet the programme requirements.
Eligibility Criteria
To qualify for the ERP DAAD Scholarship 2027, applicants must:
- Hold (or be completing) a bachelor's degree in economics, business administration, finance, management, or a closely related discipline.
- Demonstrate excellent academic performance.
- Apply simultaneously to three eligible German universities offering suitable master's programmes.
- Meet the language requirements of their chosen programme (English or German).
- Submit all required scholarship documents before the deadline.
- Not have resided in Germany for more than 15 months before the application deadline.
- Present a strong motivation for postgraduate study and future career development.
Application Procedure
Follow these steps to apply for the ERP DAAD Scholarship 2027:
- Research eligible master's programmes at public or state-recognized German universities.
- Select and apply to three eligible universities.
- Prepare all required scholarship documents, including your motivation letter and recommendation letter.
- Complete the ERP DAAD scholarship application.
- Submit your application before 16 November 2026.
- Await the selection process, expected between February and March 2027.
- If selected, provide proof of university admission before scholarship funding begins.
- Begin your master's studies in Germany in October 2027.
Required Documents
Applicants generally need to prepare:
- Completed scholarship application
- Motivation letter
- Curriculum Vitae (CV)
- Bachelor's degree certificate or expected graduation proof
- Academic transcripts
- Letter of recommendation from a university professor
- Language proficiency certificate (if required)
- Information regarding selected master's programmes
- Additional supporting documents requested by DAAD
Why Choose the ERP DAAD Scholarship?
Unlike many scholarships that only cover tuition fees, the ERP DAAD Scholarship offers comprehensive financial support throughout the entire master's programme. It is specifically tailored for economics and business graduates seeking advanced education and international career opportunities in Germany.
Studying in Germany also provides access to world-class universities, cutting-edge research, and strong connections with Europe's business and finance sectors.
