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Financial Aid & Tuition


In the Master of Science Programs the tuition fee for the 90 credit track (including the tuition of the capstone module abroad) amounts to 24,400€ and 30,400€ (including the tuition for the semester abroad) for the 120 credit track. Other related expenses, such as costs of living and travel, are not included in the tuition fee. Further costs occur when choosing the double degree program.

A non-refundable fee of €90 is charged for processing applications.

Scholarships available

The Master of Management, Master of Finance and Master of Entrepreneurship programs offers students a series of financing options in order to ensure that everyone who has been successful in obtaining admission can study at WHU.

WHU is pleased to introduce the "e-fellows Master Scholarship“ in cooperation with The scholarship will be awarded to:

  • an outstanding participant of an e-fellows Master Days Business & Economics;
  • an scholar or
  • an alumnus

It covers the exemption from the tuition payment for one semester in the Master in Management Program, the Master in Entrepreneurship Program, or the Master in Finance Program at WHU.

Interested candidates should apply for the e-fellows Master Scholarship by May 13, 2018. More information is available on the application form in the "downloads" section. 

In Praxi – the WHU Alumni Association has launched the In Praxi Diversity Scholarship amounting to the tuition of one semester. Its purpose is to help young qualified applicants from foreign countries by providing them with financial aid and mental support. At this point scholarships can be offered to students who are not able to finance their studies on their own.

In Praxi is convinced that a diverse student body – coupled with stringent selection criteria – is a valuable asset to the whole WHU community. Please find more information in the PDF document In Praxi Diversity Scholarship.

The In Praxi Women in Business Scholarship is another scholarship provided by the In Praxi Alumni Association of WHU - Otto Beisheim School of Management. It aims at helping particularly qualified women from foreign countries pursue their studies at WHU with financial support, and more generally encourages a larger proportion of female applicants to WHU. The amount of the scholarship is corresponding to that of the In Praxi Diversity Scholarship. Please find more information in the PDF document In Praxi Women in Business Scholarship.

In cooperation with the Campus for Finance e.V., one of the student associations at WHU – Otto Beisheim School of Management, we are proud to offer the Campus for Finance Master in Finance Scholarship. It is a unique opportunity for participants of the Campus for Finance - WHU New Year's Conference or of the WHU Private Equity Conference who are also interested in studying in the Master in Finance (MiF) program at WHU. 

The Campus for Finance MiF Scholarship will be offered to one outstanding participant of the WHU Campus for Finance - WHU New Year's Conference or the WHU Private Equity Conference. It encompasses a monetary value equal to one semester's tuition fee in the Master in Finance (MiF) program. Participants of the WHU New Year's Conference or of the WHU Private Equity Conference can apply for the Campus for Finance MiF Scholarship by May 13, 2018. To apply to our Master programs, please submit your application via our online application portal.

Moreover, participants of the Campus for Finance -  WHU New Year's Conference or the WHU Private Equity Conference will receive an application fee waiver when applying for the Master programs at WHU.

This scholarship will be awarded to qualified candidates of the MSc Programs with an above-average GMAT/GRE/TM-BASE score. In order to receive the scholarship, you should have completed our online application and returned the signed study contract to the Master office. The scholarship is staggered into three levels ranging from 0,5 semester fees, 1 semester fee to 2 semester fees.

As the number of Merit-Scholarships is limited, they are awarded on a "first come, first served basis".

There is a possibility for students to receive a reduced tuition. The number of scholarships will be determined on a yearly basis. The reduction is amounting to the tuition of one semester. In order to apply for a reduction of the tuition fees, please complete the form Antrag Teilerlass and send it to the student office by August 1, 2018. Additonally, you also have to submit your BAföG-application*. 

All EU citizens have a right to receive financial assistance through BAföG. Please submit your BAföG-application at the latest by your matriculation date at the responsible BAföG office ("Amt für Auszubildenendförderung der Universität Koblenz").

Application for a reduced tuition has absolutely no impact on the selection or admission process.

*Please note that the entire BAföG application procedure is only available in German. 

Within the scope of the national scholarship program, WHU – Otto Beisheim School of Management awards especially talented, high-performing students with scholarships. Comprehensive information regarding the “Deutschlandstipendium” for (prospective) students can be found here.

Prodigy Finance is revolutionizing student loan financing by offering alumni-funded loans for students who wish to study at the world’s top business schools. Prodigy Finance assesses the applicants’ future earning potential (based on the achievements of similar graduates) to determine loan affordability. Open to students from over 150 nationalities, Prodigy Finance offer competitive interest rates with no repayments during the study program.

Students accepted to one of WHU’s Master of Science Programs are eligible to apply.

Interest rates vary depending on individual applicants. For more detail on the terms and conditions, and how to apply for a loan, please click here

Prodigy Finance Ltd is incorporated in the United Kingdom (Company Number 05912562) and registered with the Office of the Information Commissioner (Reg. No. Z9851854). Prodigy Finance Ltd is authorized and regulated by the Financial Conduct Authority, and entered on the Financial Services Register under firm registration number 612713. Prodigy's registered address is Palladium House 1-4 Argyll Street, London, W1F 7LD

As a result of the selection process, WHU students have good chances of being accepted to a scholarship program. Nearly 20 percent of WHU students are funded by a grant or endowment (BSc and MSc-Programs). Seven percent are scholarship recipients from the German National Academic Association (Studienstiftung des deutschen Volkes).


WHU Brain Capital GmbH

In 2006, a new and innovative funding program has been developed by Brain Capital: the Generation Contract. Students who have been offered admission to one of the WHU Master of Science Programs and who need financial support or wish to finance their graduate studies on their own, may apply for this funding. The Generation Contract enables students to concentrate on their studies without worrying about the financial aspects. The repayment depends on gross income once the students start their professional life; there is a minumum and a maximum amount of the repayment. Therefore, the final tuition fees are proportional to the achievements in the jobs. Participation in the Generation Contract is also available for qualified MSc students from non-EU countries. Please finde more information in the WHU Brain Capital Flyer.


WHU offers a low-interest loan program with Sparkasse Koblenz, which is available for German-speaking WHU students without special collateral requirements. The study contract is adequate as security for the bank. This loan is also available to German-speaking international students who can provide a loan guarantee from Germany.

Deutsche Bildung AG

Deutsche Bildung AG offers flexible financial support to German as well as international students combined with the online platform WissenPlus. Please find more information on the website of Deutsche Bildung.

Anja Gleißner

Manager Marketing & Admission MSc

+49-(0) 261-6509-523

Some of MSc 2018 recipients of the Social Engagement Scholarship, the In Praxi Diversity Scholarship, the In Praxi Women in Business Scholarship, and the Campus for Finance MiF Scholarship