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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 21,600€ and 26,800€ (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.

As a leading academic institution with strong DNA in innovation and entrepreneurship, WHU is committed to help close the gender gap in the start-up scene and is launching the WHU Female Founders Scholarship. This scholarship is a unique opportunity for female students in the Master in Entrepreneurship Program who are passionate about entrepreneurship and are eager to make an impact in the German and worldwide entrepreneurial ecosystem.

The scholarship is about developing exceptional talent and empowering women to undertake entrepreneurial action. By providing access to both first-class education and a unique network, WHU aims to bring the best of female talent and add value to the digital economy. We aspire to grow female leaders not only by providing monetary assistance, but also by offering the best tools and personal support to succeed after graduation.

Each scholarship covers two semesters of tuition at WHU.

For more information please click here.

The Master in Entpreneurship Program enables students to simultaneously study while building their own start-ups. For students who are ambitious to develop and achieve their ideas, we are launching the Future Founders Scholarship.

The scholarship is about developing entpreneurial minds and future founders. Recipients will be chosen based on a pitch deck, to evaluate the candidates themselves and their ideas.

For more information please click here.

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.

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 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.

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.

Viktoria Thuir

Manager Marketing & Admission MSc


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