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Financing
Invest in your future - Study fees & financing of Master International Business
It pays off to be quick!
Early Bird Discount: Save 1,500 Euro for the spring term when you sign a contract by September 15th of the previous year.
Last Call Discount: Save 500 Euro for the upcoming spring term when you sign a contract by December 15th!
Get more information from your study advisor.
Study fees - International Business Master
Tuition fees (EU/Non-EU): | 6,480 Euro per semester Monthly payments are also possible Please ask your study advisor for more information. |
Enrollment fee: | EU & EWR students: 600 Euro |
Thesis fee: | There is no Master thesis fee (already included in the semester fee). |
Admission deposit
The admission deposit applies only to international applicants who have a non-EU citizenship. Upon acceptance of a degree course place at the ISM, the applicant has to pay an admission deposit of 3,500 Euro.
This deposit will be deducted in full from the tuition fees of the first semester. (so he/she will only pay the remaining 2,700 Euro for the first study semester). If the contract is not signed, we will only retain a processing fee of 500 Euro. The admission deposit fee will be refunded in the event that the applicant proves that the visa application for a course of study at the ISM has been definitely rejected.
If you fulfill the admission requirements, 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 ISM bank account through Flywire. The deposit will be mentioned in the acceptance letter and will be then deducted from your tuition fee. After you have paid the deposit, you will receive the letter of admission from the university and your tuition contract documents. You will need both for your visa application.
Grants and Scholarships
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.
International payments
How to make a payment
- Enter your payment amounts and country of origin and click "Next".
- Select your preferred payment method from the options provided. Options may include bank transfer, debit/credit card in your home currency, electronic payment, or other local options.
- Enter your payer and student information to initiate your payment booking.
- Follow the instructions provided, based on your chosen payment method, to send funds to Flywire and complete your payment.
- Receive email and text status updates each step of the way, including a confirmation when your payment has been delivered to ISM. If you create a Flywire account, you can also track your payment by logging in at any time.
Do you have any questions about studying?
Please contact us!
Your Master Study Advisors
Campus Dortmund
Katharina Röder
+49 231.97 51 39-447
Campus Frankfurt/Main
Yosra Saleh
+49 69.66 05 93 67-49
Campus Stuttgart
Yosra Saleh
+49 69.66 05 93 67-49
Campus Munich
Nina Weidemann
+49 89.2 00 03 50-42
Campus Cologne
Ioulia Aslanidou
+49 221.27 09 95-54
Campus Hamburg & Berlin
Jana Gripshöfer
+49 40.3 19 93 39-42