EMBA Fees & Financing –

We can help you finance your studies.

Pursuing the Kellogg-WHU Executive MBA is a substantial investment, not only in terms of time and energy, but also financially. We are committed to helping you explore and evaluate the different financing options to make this investment in your future. Find out more about our EMBA fees and financing options below. We strongly encourage to obtain information about funding early in the process. In general, we recommend that you contact our partners for financing latest with submitting your application to the program.

Financing

Fees and financing

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 of students.

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Convincing your employer can seem like an uphill task but we would like to assist you. Based on our experiences with previous students, we have compiled a document that can get you started.

Get in touch with our Admissions team to learn more and receive our employer business case.

request employer business case

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.

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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 personalised 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. 

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Lendwise Ltd is incorporated in the United Kingdom (Company Number 10466048) and registered with the Office of the Information Commissioner (Reg. No. ZA281795). Lendwise Ltd is authorised and regulated by the Financial Conduct Authority and entered on the Financial Services Register under firm registration number 782496. Lendwise Ltd’s registered address is 3 More London Riverside, London, SE1 2AQ, United Kingdom.

105,000
Payable in four equal installments every six months
Includes teaching fees for the entire program, all books and course materials, most meals on campus, accommodation during all required international modules, use of all facilities, and all leadership development workshops and coaching sessions. We require a deposit by signing the study contract. This will be later deducted from the first installment.
5,000
Early bird tuition fee reduction until March 31, 2023
All candidates who have signed their study contract until the above mentioned deadline are automatically entitled to the early bird tuition fee reduction.
Scholarships

The WHU Scholarship Fund has put resources aside to help selected Executive MBA participants finance a portion of their Kellogg-WHU Executive MBA Program tuition costs. Scholarships are awarded in several areas. They involve various competitive selection criteria and are limited in number.

  • Candidates who successfully submitted an application to the Kellogg-WHU Executive MBA Program
  • All self-funded candidates or candidates who are partially sponsored to a maximum amount of 30% of their tuition fee
  • Each candidate can apply for one scholarship only

Scholarship applications will be assessed based on the following criteria:

  • quality of the required scholarship essay or video and the degree to which contents of thereof meet the eligibility criteria
  • academic and professional achievements 
  • expected contribution to the class and the program
  • performance during the admissions interview
  • individual funding situation, to be explained in a financial budget essay

Please review the required application materials for each scholarship carefully and submit

 

  • a scholarship essay or video (if applicable) stating your purpose and motivation to apply for the respective scholarship
  • a financing plan including a calculation of your monthly income, relevant expenses, own financial resources that you plan to invest in EMBA studies and, if applicable, study loans, amount of financial support by your employer or any other scholarships awarded or applied for. Your gap in financing of the tuition fee or difficulties in finding other funding options should become apparent. 

Your complete scholarship application (in PDF format) must be sent via e-mail to our Scholarship Committee at emba.scholarships(at)whu.edu. You will receive an automated confirmation of delivery.

Some scholarships are awarded on a rolling basis and others are awarded only once at the end of the admissions cycle (end of July). Please check out the respective deadlines listed in each scholarship category. As awards are limited and strongly competitive, we encourage early applications. 

Discover our scholarships:

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, 2023

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, 2023

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, 2023  

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, 2023.

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, 2023

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, 2023

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 especially supporting candidates from small and medium sized enterprises (up to 250 employees).

Required application materials:(max 2 pages in total)

  • Statement of purpose explaining the advantages and challenges of small or medium sized enterprises. How will you apply the knowledge you gained in the EMBA program in your daily work and what will be your special contribution to the discussions in 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.

Award: up to 20% of the tuition

Deadline: July 15, 2023

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, 2023.

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@whu.edu. 

Award: up to 20% of the tuition

Deadline: July 15, 2023

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, 2023.

Eligibility:

Kellogg-WHU EMBA is designed to polish candidates’ managerial skills and to help them become better leaders. The program’s structure allows students to learn from excellent faculty and network with experienced peers. Students with wide managerial expertise add value to the Kellogg-Global EMBA Network and strengthen the cooperation between students.

The scholarship aims to support candidates with solid previous work experience and existing strong managerial and leadership skills. The scholarship is reserved for candidates who demonstrate:

  • a minimum of 15 years of work experience
  • a minimum of 7 years of managerial experience

Required application materials: 

  • Statement of purpose answering the following question: “What impact will your managerial/leadership experience have on your peers and what added value will this create for the learning experience?”
  • 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, 2023

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, 2023.

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