DAAD ERP Study Scholarships 2027: Germany Master’s Funding for Economics Graduates
Quick Overview
| Feature | Details |
|---|---|
| Full name | ERP Study Scholarships for Graduates of Economics and Business Administration |
| Funded by | German Academic Exchange Service (DAAD), sponsored by Germany’s Federal Ministry of Economic Affairs and Energy (BMWE) |
| Host country | Germany |
| Degree level | Master’s degree in economics or business administration |
| Coverage | Monthly stipend, insurance contribution, annual study allowance, possible travel allowance and German course |
| Monthly value | €992 per month |
| Application deadline | 2 November 2026 via DAAD portal |
| Funding start | October 2027 |
| Official source | https://www2.daad.de/deutschland/stipendium/datenbank/en/21148-scholarship-database/?detail=50015171 |
The DAAD ERP Study Scholarships are a targeted route for economics and business administration graduates who want a full Master’s degree in Germany. The current DAAD PDF lists the deadline as 2 November 2026, with selection in February-March 2027 and funding from October 2027.
If you are comparing German options, also read `/daad-scholarships-2026-27-germany-guide` and `/daad-epos-sept-mba-leipzig-2027`.
What Does It Cover?
| Benefit | Details |
|---|---|
| Monthly scholarship | €992 per month according to DAAD’s current programme PDF |
| Duration | 18-24 months for a 3- or 4-semester Master’s degree |
| Study allowance | €460 per year |
| Insurance | Payments toward health, accident and personal liability insurance |
| Travel | Travel allowance may be available upon application |
| German course | DAAD may fund a two-month German course before the degree begins if approved |
Comparison With Related Germany Scholarships
| Programme | Best for | Main value | Deadline pattern |
|---|---|---|---|
| DAAD ERP | Economics/business Master’s applicants | €992/month + allowances | 2 Nov 2026 |
| DAAD EPOS SEPT MBA | Development-focused MBA applicants | Fully funded + stipend | Oct 2026 |
| Heinrich Böll Foundation | Socially engaged Master’s/PhD applicants | Monthly support | Sep 2026 |
| Rosa-Luxemburg-Stiftung | Politically/socially engaged graduates | BAföG-rate or public-funded support | Oct 2026 |
Eligibility
✅ You Must:
- Be an excellently qualified foreign graduate in economics or business administration.
- Have completed a first degree by the time the scholarship-supported study begins.
- Apply for a complete Master’s degree at a public or state-recognised German higher education institution.
- Apply to three host universities for admission at the same time.
- Provide proof of the language of instruction for your chosen programmes.
- Submit a complete DAAD portal application by the deadline.
❌ Not Eligible If:
- You have lived in Germany for more than 15 months at the application deadline.
- Your last academic degree was normally completed more than six years before application.
- Your application is incomplete at portal close.
- You are applying outside the economics/business administration scope.
How to Apply: Step by Step
Step 1: Shortlist three German Master’s programmes
Choose state or state-recognised German universities offering Master’s degrees in economics, business administration, management, finance, policy economics or a closely related field.
Step 2: Check language certificates early
DAAD accepts recognised English or German tests depending on your programme. Check whether IELTS, TOEFL iBT, TOEFL Essentials, Cambridge, TestDaF, DSH, Goethe, telc or another certificate is required by your university.
Step 3: Prepare your motivation letter
Your letter should connect your economics/business background, your three programme choices, your career plan, and why Germany is the right academic setting.
Step 4: Request the DAAD recommendation form
Generate the recommendation form inside the DAAD portal during the application window and give your referee enough time to complete it.
Step 5: Upload the complete file before 2 November 2026
DAAD states that the portal closes at 24:00 CET/CEST on the last application day. Do not wait until the final evening.
Insider Tips
1. Treat the three university choices as a strategy
Pick programmes that are academically coherent, not three random business schools. DAAD reviewers should see a clear study theme.
2. Do not ignore admission requirements
The scholarship award becomes effective only after university admission is presented to DAAD in time.
3. Use the motivation letter to show economic relevance
Explain what economic, business or public-sector problem you want to work on after the degree.
4. Prepare translations before October
German or English translations are required for documents issued in other languages.
5. Submit before the last portal day
DAAD explicitly warns applicants not to send on the final date if possible because technical problems are the applicant’s responsibility.
Frequently Asked Questions
What is the DAAD ERP scholarship deadline for 2027 funding?
The current DAAD programme PDF lists 2 November 2026.
How much is the stipend?
DAAD lists scholarship payments of €992 per month, plus a €460 annual study allowance and insurance-related payments.
Can MBA applicants apply?
This programme is for Master’s degrees in economics and business administration. MBA applicants should compare it with `/mba-scholarships-2027-international-students-guide` and DAAD EPOS options.
Is admission required before applying?
You may apply before receiving admission, but DAAD says the scholarship award letter becomes effective only when admission is presented in time.
Timeline Table
| Date | Task |
|---|---|
| September 2026 | Choose three German Master’s programmes and verify language requirements |
| Early October 2026 | Draft CV, motivation letter and course-profile form |
| Mid-October 2026 | Request recommendation and prepare translations |
| 2 November 2026 | Submit the DAAD portal application |
| February-March 2027 | Selection expected |
| October 2027 | Funding and study start |
Your Action Plan
1. Confirm your degree background fits economics or business administration.
2. Build a shortlist of three eligible German Master’s programmes.
3. Book or upload valid English/German test evidence.
4. Prepare CV, motivation letter, transcripts and recommendation.
5. Submit before 2 November 2026.
6. Track university admission decisions and send proof to DAAD when required.
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