Financing Your MBA
Investing in your education is the best investment you can make, and there are various ways to finance your Executive MBA. The Berlin School of Creative Leadership will help you to find the best options to fund your Executive MBA program.
What is the total cost?
Tuition and fees add up to €53,000. This does not include travel and accommodation. We also advise applicants to plan for around 70 hotel/apartment nights and five round-trip flights, which adds approximately €7,000-12,000 in additional costs, depending on hotel tastes and flight distances. In addition, there are of course small incidental expenses, such as translation of your university transcripts for matriculation (if they aren't already in English or German). Although we provide plenty of snacks and beverages during the hours of the course, most days you will also have to buy lunch and/or dinner.
Many companies offer continuing education support. This may be financial support for tuition, travel/accommodation reimbursement, or even flexibility regarding time off (i.e. not counting days on MBA as vacation). We highly recommend that you speak with your CEO and/or Human Resources Manager to discuss what options may be available to you. You may also be able to negotiate this even if there is no corporate policy in place, so please do contact the Berlin School Admissions Team if you need any additional support in this area or to find out about our corporate payment plans.
Professional Associations/ Educational Loans
Professional associations and other institutions in your region/country may be able to subsidize your participation as well. If you are a member of any professional association or think you might be able to secure financial help from any other government bodies, please contact them to see if such grants are offered. Our Admissions Team will be glad to help you with supporting documentation and further information.
Berlin School Scholarships
There are a limited number of scholarships available each year. To see which scholarships are currently available, and to check for eligibility, please click here.
Whether you are financing the Executive MBA as an individual, if your company is covering the costs, or if you have been granted a scholarship – you are always required to pay a non-refundable deposit of €8,000 to reserve a place in our program.