EMBA Fees & Financing
Payable in four equal installments every six months*
until April 30, 2024**
for selected Candidates (limited)
Candidates based in Germany may be eligible for tax deductions***
* Enough to cover all teaching fees and costs for books, course materials, leadership development workshops and coaching sessions, accommodation for required international modules, use of all facilities, and most meals on campus. Paid in four equal installments every six months. Required deposit deducted from the first installment.
** If you sign your study contract before the April 30, 2024 deadline.
***Candidates who are residents of Germany might be eligible for tuition fees, course materials, and other education-related expense tax deductions. For advice, contact our admissions team.
Financial assistance: your options
Since its foundation in 2005 at WHU, Brain Capital offers a fair and flexible financing model for tuition fees and living expenses. Students from the EU, UK, USA, or Canada who have received an admission offer to a degree program at WHU, may apply for the WHU education fund. The WHU education fund is an income share agreement and allows students to focus on their studies without worrying about tuition fees or indebtedness after graduation. The repayment only starts after graduation and completely depends on the gross income. Through the income dependent repayments, alumni support future generations
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 offers competitive interest rates payment deferral during the study program.
Candidates accepted to the Kellogg-WHU Executive MBA Program who do not live in Germany at the time of starting their studies can apply for funding through Prodigy Finance. For further information e.g. regarding the amount of financing, minimum loan size or loan fees pleae visit the Prodigy Finance website.
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
Lendwise is a specialist loan provider based in the UK which is dedicated to education finance for individuals who are looking to fund their studies at world class universities.
Lendwise’s aim is to enable access to education through its affordable and flexible student loans that come with a competitive fixed interest rate and no early repayment penalties. Interest rates are personalized and depend on an applicant’s overall profile including future earning potential, and the application process is entirely online. Candidates accepted to the Kellogg-WHU Executive MBA Program are eligible to apply for a Lendwise loan. For further information e.g. about the financing amount, minimum loan size, or loan fees please visit the Lendwise website.
Lendwise Ltd ist ein in Großbritannien ansässiges Unternehmen (mit Unternehmensnummer 10466048) und ist beim Office of the Information Commissioner (unter der Registernummer ZA281795) registriert. Lendwise Ltd ist von der Financial Conduct Authority zugelassen und reguliert und im Financial Services Register unter der Registrierungsnummer 782496 eingetragen. Die eingetragene Firmenanschrift von Lendwise Ltd ist 3 More London Riverside, London, SE1 2AQ, United Kingdom.
Eligibility:
WHU is highly committed to society and the social involvement of its students, staff, and faculty. This scholarship aims to foster the application of business management knowledge in the non-profit and social entrepreneurship sectors.
We look for creative and innovative candidates from non-profit/for-profit organizations or start-up ventures (not solely focused on maximizing profits for external shareholders) who through their projects and initiatives aim to create value and develop solutions addressing social or environmental needs.
Required application materials: (max 2 pages in total)
- Statement of purpose demonstrating motivation for applying for this scholarship. Please elaborate on major professional and personal accomplishments and the social impact they had on your organization or the environment. (max. 2 pages)
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources.
Award: up to 20% of the tuition
Deadline: July 15, 2024
This scholarship is awarded on rolling basis. We recommend sending your scholarship essay as soon as you submit your application to the program.
Eligibility:
WHU is highly committed to support the economic development of emerging market countries. This scholarship aims to help outstanding candidates from emerging markets.
Scholarship recipients will be expected to promote business development or serve the community in their respective country after successful completion of the program.
Required application materials: (max 2 pages in total)
- Statement of purpose demonstrating motivation for applying for this scholarship and elaborating on major professional and personal accomplishments (max. 2 pages)
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources.
Award: up to 20% of the tuition
Deadline: July 15, 2024
This scholarship is awarded on rolling basis. We recommend sending your scholarship essay as soon as you submit your application to the program.
Eligibility:
The entrepreneurial spirit has been in WHU’s DNA since its inception and transpires through the students it educates. With a sole focus on entrepreneurship, this scholarship aims to support applicants who have either founded their own start-up or have a vision in the pipeline for a future start-up, addressing innovative and sustainable solutions.
We look for talented executives who aim to create value and develop solutions, which have the potential to make a big social and innovative impact.
Required application materials: (max 2 pages in total)
- Statement of purpose demonstrating motivation for applying for this scholarship and elaborating on your current business or new business idea. How will your participation in the Kellogg-WHU EMBA Program influence your efforts and business.
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources.
Award: up to 20% of the tuition
Deadline: July 15, 2024
This scholarship is awarded only once at the end of the EMBA admissions cycle. You will get feedback about your application in the end of July, 2024.
Eligibility:
This scholarship is awarded to people who add extraordinary value to the EMBA class
- according to cultural, academic, and work background
- who help advancing the interests of underrepresented populations and groups
Required application materials: (max 2 pages in total)
- Statement of purpose demonstrating motivation for applying for this scholarship and how you are planning to further increase diversity or broaden the awareness of this particular underrepresented population or group (max. 2 pages).
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources.
Award: up to 20% tuition
Deadline: July 15, 2024
This scholarship is awarded on rolling basis. We recommend to sending your scholarship essay as soon as you submit your application to the program.
Eligibility:
Women in business with a strong professional career track record and significant achievements in their professional lives.
Required application materials: (max 2 pages in total)
- a scholarship essay stating your purpose and motivation to apply for this scholarship. Please elaborate on why you think a higher percentage of women in leading positions would have an impact on companies or even on society by outlining your opinion and giving supporting arguments.
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources.
Award: up to 30% of the tuition
Deadline: July 15, 2024
This scholarship is awarded on rolling basis. We recommend to sending your scholarship essay as soon as you submit your application to the program.
Eligibility:
This scholarship is available to candidates with a passion for innovation and the ability to link technical capabilities with management skills.
Required application materials:
- Send us your 3-minute video, convincing us of your passion about innovation. What does innovation mean for you and highlight some of your experiences.
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources.
The video can be uploaded on the private Google Drive or OneDrive and shared via link with the Scholarship Committee (emba.scholarships@whu.edu). Please submit the financial budget essay via email at emba.scholarships[at]whu.edu.
Award: up to 20% of the tuition
Deadline: July 15, 2024
This scholarship is awarded only once at the end of the EMBA admissions cycle. You will get feedback about your application in the end of July, 2024.
Eligibility:
Developing responsible, global leaders is one of the programs’ main goals. This scholarship supports candidates with a proven track record in sustainability activities, who take strategic decisions based on ethical and value-based perspectives.
Required application material: (max 2 pages in total)
- Statement of purpose demonstrating how you, as a responsible leader, implement sustainability into your business and the positive impact this will have on the environment, social relations or corporate governance.
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources. Your financial need and the perceived funding gap should emerge from this.
Award: up to 20% of the tuition
Deadline: July 15, 2024
This scholarship is awarded on rolling basis. We recommend sending your scholarship essay along with your application to our application to the program.
Eligibility:
This general scholarship is available to candidates who stand out with excellence in a certain area, that might not be covered with any of the other scholarships offered, e.g. unique leadership skills, outstanding career progress and professional achievements or academic excellence.
Required application materials: (max 2 pages in total)
- Statement of purpose demonstrating in what area you stand out and what kind of value your experience and personality would add to the classroom.
- Financial budget essay that explains your EMBA financing plan, including your current financial situation (salary, other taxable income, relevant expenses, amount of personal investment) and the financial support provided by third parties like your company, or other funding sources. Your financial need and the perceived funding gap should emerge from this.
Award: up to 20% of the tuition
Deadline: July 15, 2024
This scholarship is awarded on rolling basis. We recommend sending your scholarship essay along with your application to our application to the program.
Scholarships explained
The WHU Scholarship Fund offers a limited number of partial scholarships to outstanding Executive MBA applicants to help finance a part of the EMBA tuition fee. Scholarships are awarded in different areas and are based upon merit and financial need. Please note that awarded scholarships are final and non-contestable.
You can only apply for one scholarship. To be eligible, you must:
- Have successfully submitted an application to study on the Kellogg-WHU Executive MBA Program
- Plan to fund your studies yourself, or with the help of sponsorship that will cover no more than 30% of the course tuition fee
We will assess your scholarship application based on:
- Academic and professional achievements
- Admissions interview performance
- Merit of application essay or video and the extent to which it satisfies our eligibility criteria
- Ability to fund, which we will explain in a financial budget essay
Check what is required to apply for the scholarship you want, then make your:
- Application essay or video (if applicable) that clearly explains why you are eligible, and
- Financing plan that details your monthly income, self-funding sources, relevant expenses, and if applicable, study loans, employer-derived financial support, and any other scholarships you have applied for – information that should clearly illustrate the funding gap that you are hoping to fill.
When complete, save your scholarship application as a PDF and send it to emba.scholarships@whu.edu. We will let you know it has been received.
You can apply for a scholarship before knowing if your application to study on the Kellogg-WHU EMBA Program has been successful. But bear in mind, we will only award you one if you are offered a place.
Some scholarships are awarded throughout the year, others only when our admissions cycle resets at the end of July. So remember to check the deadlines listed in each scholarship category.
Whatever date you need to submit your application by, we recommend completing it as far in advance as you can because competition is strong, and we can only award each scholarship in limited numbers.
Find out more