Investing in your future - Study fees & financing of International Management Bachelor

The admission deposit only applies only to international applicants who have a non-EU citizenship. Upon acceptance of a study place at ISM, the applicant has to pay an admission deposit of 3,000 Euro.

This deposit will be deducted in full from the tuition fees of the first semester (so the applicant will only pay the remaining 2700 Euro for that semester).

If the contract is not signed, we retain a processing fee of 500 Euro and the rest will be reimbursed.  The admission deposit fee will be refunded in the event that the applicant proves that his/her visa application for an ISM study program has been definitely rejected.

If you fulfill the admission requirements at ISM, you will receive an offer/acceptance letter from us. Please sign this letter and - if you are an international student (non-EU) - pay the deposit to our university's bank account through Flywire. The deposit will be mentioned in the acceptance letter and will be deducted from your first semester tuition fee. 

After you have paid the deposit, you will receive the letter of admission from the ISM and your tuition contract documents. You will need both for your visa application at the German embassy.

The ISM offers different grants and scholarships, including partial and some full scholarships. Many other study financing options are available from third parties.

If you would like to apply for an ISM scholarship, applications can be submitted with an already passed ISM admission test for the

• upcoming summer semester from November 15 until December 15
• upcoming winter semester from May 15 until June 15.

Please find in our Financing Brochure a summary of all financing opportunities (PDF) or visit the Study Financing webpage.

In order to simplify international payments, the ISM has established a cooperation with Flywire. This service can be used to pay the fees for the admission test, for example. Flywire takes care of the transfer along with calculating the currency difference (foreign currency to Euro). This is a simple and comfortable payment option to make your start at the ISM easier.