Excellence in

Financing Options

The total fee for the 15-month MBA program is € 36,900.

This fee includes:

  • All tuition
  • All books and materials
  • Accomodation and half-board during the international modul

Information for taxpayers in Germany (also applies to international MBA graduates working in Germany after graduation): the tuition fees for the MBA Program are tax deductible as anticipated professional expenses. For detailed information please contact your legal tax advisor.

Terms of Payment

  • Upon acceptance of the offer, a non-refundable payment of € 5,000 is to be paid.
  • The first installment of € 15,950 is due at the start of the program (April).
  • The second installment of € 15,950 is due in January the following year.
  • Payment is due only after having received the corresponding invoice!

Living Expenses

Living costs in Düsseldorf are about € 750-800 per month.

Financing Options

You can download a PDF file with all financing information here.

  • Student Loans
    Our local saving bank (Sparkasse) grants loans to German WHU students. For further information and contact details at Sparkasse, please click here.
  • WHU Brain Capital GmbH
    Another possibility to finance your participation in the MBA program is the financing concept of the WHU Brain Capital GmbH. To learn more about this concept, please click here or go to www.whubraincapital.de/Language/English
  • Credits/External Scholarships
    You may also have a look at the following homepages:
    German Students: www.bva.bund.de (search for Bildungskredit)International Students: www.daad.de
  • Deutsche Bildung AG
    Deutsche Bildung AG offers tailor-made financial support to German as well as international students combined with the online platform WissenPlus. More information on www.deutsche-bildung.de/studienkredit
  • Deutschlandstipendium
    Within the framework of the national scholarship program “Deutschlandstipendium”, WHU grants every fall semester annual scholarships to students who are especially talented, skilled, and dedicated and who distinguish themselves throughout outstanding social and societal commitment. The scholarships are funded in equal shares by the Federal Ministry of Education & Research (BMBF) and by private donors such as companies, foundations and single individuals. The scholarships amount to 300 Euros per month each and are granted for a period of twelve months with the possibility of extension. For more information click here.
  • WHU Scholarships
    WHU grants some scholarships to enable highly talented candidates from all countries to pursue the WHU MBA. According to the description of the respective scholarship, we try to support individuals who are likely to add special value to the MBA class. The WHU scholarships are not bound to a certain amount (exemption: WHU e-fellows.net Scholarship). The granted amounts will be determined by the scholarship committee according to a number of criteria.
    To apply for a scholarship, please use the respective scholarship application form which can be downloaded on this page. Please note that only one scholarship application per person is possible and that scholarship application requires an application for the Full-Time MBA Program at WHU. Seats in the program as well as scholarships are limited and granted on an ongoing basis. Therefore we recommend early application. After having completed your application to the program please send your scholarship application to mba@whu.edu or by ground mail to: WHU - Otto Beisheim School of Management, Campus Düsseldorf, Full-Time MBA Programm, Erkrather Straße 224a, 40233 Düsseldorf.
    Alumni of e-fellows.net and participants from the e-fellows MBA Day may apply to the 50% partial scholarship. For more information please click here.
  • Further information on scholarships are available on the following websites: