As a private university, ISM is financed exclusively through tuition fees. As a non-profit organization, these fees are used to continuously improve the quality of teaching or to invest in equipment.
We have scholarship programs that are open to all our students and offer many forms of support. There is also always the possibility of applying for external scholarships. We have also listed all the other common ways of funding your studies on this page below. You can find detailed information about financing your studies in our Study Financing Brochure (PDF).
How to finance your studies at ISM
Studying at ISM is a worthwhile investment due to its practical content, integrated internships and international experience. Whether scholarships, student loans, BAföG or education funds: Future students have various options for financing their full-time studies at ISM. Simply contact our study advisors to find out more information.
For your semester or internship abroad, you also have the opportunity to apply for a variety of scholarships, Erasmus+ program being one of the most notable ones. The International Office is always available to help you with your application.
Please choose the financing and scholarship type that you're interested in:
Full or Partial ISM Scholarships
ISM supports particularly committed applicants and students in order to enable as many suitable candidates as possible to study at our private business university. Scholarships are provided to cover the tuition fees at ISM. In addition to a full scholarship from the 1st semester, partial scholarships (for a maximum duration of 1 year) are also periodically awarded.
In addition to need, very good scholastic or academic performance and commitment outside of the courses are expected. The scholarships are awarded on the basis of our Scholarship Regulations. A scholarship is awarded based of various criteria, in particular
· financial circumstances
· outstanding academic excellence and potential
· engagement in social, extra-curricular and university activities.
The application can be submitted with an already passed ISM admission test for the
- upcoming spring term from November 15 - December 15
- fall term from May 15 - June 15.
High-achieving students in our dual Bachelor's programs, part-time Bachelor's and Master's programs, and MBA programs are also eligible for a 50 percent tuition waiver. You can find all information about the scholarship available for your study model in the Downloads page under the financing options and the scholarship regulations of the ISM.
We Make Scholars (WMS)
We Make Scholars (WMS) Scholarship Platform
ISM international students, especially those from India, also have the opportunity to apply for a scholarship from the We Make Scholars (WMS) platform. We Make Scholars is a not-just-for-profit organization which is funded and supported by the Government of India that focuses on international education scholarships and funding.
WMS is one of the ways to fund your study abroad in Europe because it provides an online platform which allows you to apply to thousands of international scholarships and to get the best education loan that matches your needs.
For more information, please visit their website.
Financing of the Study Abroad Semester:
Take the financing check and get advice!
In cooperation with deineStudienfinanzierung (German website), we offer a free financing check for your studies exclusively for prospective students at ISM. Secure your support and the optimal combination of financing options and start your financially carefree studies. You can obtain the promotional code for your consultation from one of our study advisors (see below).
Do you have questions concerning your studies? Please contact us!
+49 151.41 97 68 03
Feel free to send us your questions from Monday to Friday. We'll respond to you from 10 am to 3 pm (CET) on weekdays. Looking forward to chat!