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ScholarshipMerit based

Erasmus Mundus EMABG Scholarship

Consortium of European Universities

BusinessManagementEconomicsFinanceAccountingMarketing

Key Statistics

Grant Amount

Varies by year and country of study

Location

Europe (Multiple countries involved)View Europe (Multiple countries involved) Guide →

Deadline

Varies by year

About this Scholarship

The Erasmus Mundus EMABG Scholarship is a prestigious merit-based scholarship program designed to support outstanding students pursuing the Erasmus Mundus Joint Master Degree in Advanced Business and Globalization (EMABG). This scholarship is part of the broader Erasmus Mundus initiative funded by the European Union, aiming to enhance academic cooperation and mobility among European and international higher education institutions. The EMABG program is delivered by a consortium of European universities, offering a multidisciplinary curriculum that integrates business administration, economics, and globalization studies. The scholarship covers tuition fees, travel costs, and a living allowance, enabling selected students to study across multiple European universities participating in the consortium. The program attracts a diverse cohort of students worldwide, fostering an international learning environment that prepares graduates for careers in global business and economic sectors. The scholarship is awarded based on academic excellence, motivation, and the potential to contribute to the international business community. Candidates must meet the specific admission requirements of the EMABG program and demonstrate a strong academic record. The scholarship’s funding amount and application deadlines vary each year, reflecting the Erasmus+ program’s guidelines and the consortium’s administrative calendar. Prospective applicants are advised to consult the official EMABG website and the Erasmus+ portal for the most current information regarding eligibility, application procedures, and deadlines.

Eligibility & Overview

Financial Grant

Full or partial coverage depending on the award

Scholarship Type

Merit based

What's Covered

Tuition fees
Travel expenses
Monthly stipend for living costs
Insurance coverage

Description

The Erasmus Mundus EMABG Scholarship supports students enrolled in the Erasmus Mundus Joint Master Degree in Advanced Business and Globalization, a program designed to provide comprehensive education in business administration and international economics. This scholarship is funded under the Erasmus+ program, which promotes higher education mobility and cooperation across Europe and beyond. The EMABG program is delivered by a consortium of European universities, each contributing specialized expertise and resources. Students benefit from studying in multiple countries, gaining diverse academic and cultural experiences. The scholarship is awarded to highly qualified applicants who demonstrate excellent academic achievements, motivation for international business studies, and the capacity to thrive in a multicultural academic environment. The selection process is competitive and based on merit criteria established by the consortium. Scholarship recipients receive financial support that typically includes tuition fee waivers, travel allowances to and from the host institutions, monthly stipends to cover living expenses, and insurance coverage during the study period. The exact amount and duration of the scholarship depend on the student’s nationality, the countries involved in their study itinerary, and the Erasmus+ program regulations for the given academic year. The EMABG scholarship aims to remove financial barriers for talented students worldwide, enabling them to access high-quality education and develop skills relevant to global business challenges. Students interested in applying should carefully review the admission requirements and application timelines published by the EMABG consortium and the Erasmus+ official website. It is important to note that the scholarship details, including funding amounts and deadlines, may change annually based on European Commission funding decisions and consortium agreements.

Key Benefits

Covers tuition fees fully or partially, reducing financial burden on students

Includes travel allowances to support mobility between partner universities

Provides a monthly stipend to assist with living expenses during the study period

Offers insurance coverage for health and travel, ensuring student welfare

Enables study across multiple European countries, enhancing cultural and academic exposure

Facilitates networking opportunities with international peers and business professionals

Financing Information

Comprehensive Funding Structure Under Erasmus+ Program

The Erasmus Mundus EMABG Scholarship is financed through the Erasmus+ program, a European Union initiative aimed at promoting international education and cooperation. The funding structure is designed to cover key expenses associated with studying abroad, including tuition fees, travel costs, and living allowances. The scholarship amount varies depending on the student’s country of origin and the countries where the study modules are completed. Typically, students from partner countries receive higher grants compared to those from program countries, reflecting the EU’s policy to encourage global participation. The tuition fee coverage can be full or partial, depending on the award type and the consortium’s allocation. Travel grants are calculated based on distance bands between the student’s home country and the host institutions. Monthly stipends are provided to offset living costs, which vary by country and duration of stay. Insurance coverage is also included to protect students against health and travel risks during their mobility periods. The scholarship funds are disbursed by the consortium universities according to agreed schedules and after enrollment confirmation. Applicants should be aware that the Erasmus+ program funding is subject to annual budget approvals and policy changes by the European Commission. Therefore, the exact financial conditions may differ each academic year. It is recommended that prospective students consult the official Erasmus+ and EMABG program websites for the most accurate and up-to-date financing information.

Funding is provided by the European Union through the Erasmus+ program
Scholarship amounts and coverage depend on nationality and study locations

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* Disclaimer: The information provided here is based on the latest available data at the time of writing. Scholarship details such as deadlines, grant amounts, and eligibility criteria may change annually. Applicants are strongly advised to verify all information directly with the Erasmus Mundus EMABG consortium and the official Erasmus+ program websites before applying.