Study

Financing options for executives

Hertie School-funded scholarships and financial aid

The Hertie School grants a limited number of tuition waivers (scholarships and financial aid; mostly reductions of the tuition fees) to a small number of excellent and motivated candidates. Please check the scholarships and financial aid section for details.

External funding and loans

Deutsche Bank – Personal Loan for tuition fees

The Deutsche Bank offers personal loans covering tuition fees up to a maximum of 75.000€.
Requirements:

  • EU citizenship and residency in Germany
  • Employment contract (> 6 months) in Germany
  • Must be taxable in Germany
  • German bank account
  • No securities (e.g. guarantor)

Repayments

  • Possibility of unscheduled repayments, free of charge
  • Duration of credit: up to 95 months with consistent monthly rates
  • Fixed interest on debit

Application

  • ID / Passport and city registration
  • Employment contract
  • Last two salary statements
  • Bank statement of the last four weeks

Send above mentioned documents to Christian.weichhart[at]db[dot]com

Collapse

Support from employer

Many of our part-time Executive MPA participants receive some sort of support from their employer. This can be in the form of non-financial support, such as more flexibility or extra-leave, but also as financial support. Seminars and certificates are very often supported by the employer as an integral part of continuing education.

  • Employees of the higher civil service ("höherer Dienst") working for German Federal Ministries and their subordinate agencies can be financially supported. Please contact your personnel department or empa-admissions[at]hertie-school[dot]org for details.
  • The Executive MPA programme is member of the Deutsche Bahn (German Railways) Master Programme[more]
Collapse

Modular entry

A modular entry into the Executive MPA Programme is possible via the Executive Seminars and Certificates. All courses offered are Executive MPA seminars of 2-4 days each. Certificate participants select a certain academic focus and accomplish four courses (11 days in total) within a period of one or two years. There are no scholarships or reductions of the tuition for this programme, but credits earned can be recognised if a participant later starts with the Executive MPA (all tuition fees paid for seminars and certificates are offset against the EMPA tuition fees). 

Collapse

Other options

  • In most German federal states, legislation allows employees to attend continuing education courses (paid educational leave - "Bildungsurlaub") for several working days per year with no loss in earnings. Please check your state government or the following website (in German) for details.
  • In Germany and many other countries, tuition fees are also fully tax-deductible as professional training expenses.
  • Own resources: Last but not least, an investment in your education can pay off. Participation in a high-profile executive education programme can be key to taking the next step in your professional life, to preparing you for a career change, getting challenged intellectually, reflecting, adjusting and expanding your horizon, meeting new inspiring people and to enlarging your network! Learn more about the Hertie School community.
Collapse