If you're planning to study economics in Germany with a scholarship, this guide is for you. Here, we’ll outline the qualifications needed for a scholarship and the monthly stipend you can expect. We'll also detail the academic qualifications and documents required to apply.
Scholarship in Germany to Study Development Economics
This scholarship supports studying for a master’s degree in Development Economics at Georg-August-Universität Göttingen. The program focuses on development issues, covering economic, political, and social aspects. Students gain skills to approach complex problems from multiple perspectives, with opportunities for exchange semesters or fieldwork abroad.
Students can specialize in quantitative economics or agricultural economics, preparing them for roles in government agencies, development organizations, and the private sector.
Application and Admission Procedures
The application process for the Master of Science in Development Economics is comprehensive. The university cannot accept incomplete applications or those not submitted by the deadline. Here are the key steps:
- Online Application Form: Fill in and submit the online application during the application period.
- Document Upload Portal: After submitting the online application, you’ll receive an email with a link to the document upload portal and login details.
- Upload Documents: Use the portal to upload your application documents.
- Application Review: You’ll receive an email notification about the outcome of your application up to six weeks after the deadline.
Application Deadlines
- DAAD EPOS Scholarship Applicants: Applications are accepted from October 1 to November 15 of the preceding year.
- Applicants with Own/Other Funding:
- EU/EEA Citizens or Graduates: April 1 to May 15 of the same year.
- Non-EU/EEA Citizens or Graduates: October 1 to November 15 of the preceding year.
Required Documents
- Online Application Form
- University Degree Certificate: Must include an electronic verification key or a notarized copy.
- Transcript of Records: If not in English or German, provide a certified translation.
- Courses Completed Abroad: If applicable, provide official translations.
- Resume/CV: In English, detailing academic and professional experiences.
- Letter of Motivation: Explaining your interest in the program.
- APS Certification: Required for applicants from China, India, Mongolia, and Vietnam.
- Official Course Descriptions: Descriptions of courses taken, with translations if necessary.
- DAAD Application Documents: Additional documents required by DAAD.
English Language Proficiency
Proof of English proficiency is required, which can be demonstrated by:
- Native speaker status
- Education in an English-speaking school
- Degree program taught entirely in English
- Studying or working in an English-speaking country for at least two years
- Passing a business language course at level C1
- Achieving specific scores on recognized tests like IELTS or TOEFL
Scholarship Value
- Monthly Stipend: €934
- Health, Accident, and Liability Insurance: Included
- Travel Allowance: Covered unless provided by another source
- Additional Benefits: Monthly rent subsidy and family allowance under certain circumstances
Duration
The scholarship covers four semesters.
Entry Requirements
- Bachelor’s degree in economics or a closely related field
- At least 12 ECTS in mathematics or statistics
- Proof of English language proficiency
- Interest and experience in development economics
Degree Awarded
MSc in Development Economics
Career Prospects
Graduates can work in various fields, including:
- Government and aid agencies
- International organizations like the World Bank and UN agencies
- Policy research institutions
- International business roles
- Ph.D. programs in Göttingen or other institutions
Study Location
Georg-August-Universität Göttingen, located in Göttingen, Germany, benefits from the city’s rich academic culture and international diversity.
Who Can Apply?
Graduates with at least two years of professional experience from developing countries.
Focus of the Program
The program addresses economic development, poverty reduction, and inequality, equipping students to analyze and improve global living conditions.
Conclusion
Studying economics with a scholarship in Germany is a unique opportunity, saving money and providing a monthly stipend. It's a great chance to advance your education without the need for a blocked account while covering living expenses.
For more information and guidance, feel free to contact the Student Advisory Service of the Faculty of Business and Economics.
