DAAD (German Academic Exchange Service) offers scholarships for a master’s degree in International and Development Economics” (MIDE) fields for international students to study at  Hochschule für Technik und Wirtschaft Berlin (University of Applied science ) in Germany.

It is a great opportunity for students from developing countries with a bachelor’s degree in economics, business administration or other social sciences focused on economics who are interested in pursuing their master’s degree in the field of “International and Development Economics” (MIDE), in Germany can apply to fully-funded scholarships offered by German Academic Exchange office (DAAD).

Scholarship details:

Duration:  3 semesters (18 months) full-time program in the Faculty of Economics

Level of study:

• Master degree (Master of Arts)

The medium of instruction: English language

Location: Treskowallee Campus, Germany

 Degree award: MA in international and development economics

Important dates:

Duration of the program: 3 semesters

Application start: May 15, 2023

Closing date: 30 September 2023(August 31 for DAAD scholarships)

The benefits of DAAD scholarship:

The DAAD scholarship pays the following expenses to the successful applicants:

• Living costs (17 months): 850 Euro/ month
• Study and research expenses
• Traveling costs
• Health insurance
• Preparation courses for German Language (February/March).

Program contains:

• Solid foundation in modern theories of development economics
• Macroeconomics
• International trade and finance
• Optional courses like Policy and management issues in the key of the economic sector including:
• Environmental and resource economics
• Financial institutions
• Regional integration

 

The benefit of attending the courses:

• Participants will be able to work with national and international organizations, and governmental or non-governmental institutions in developing countries.
• Participants will be able to ideally suited for a position in the government department, banks, consulting organizations, multinational organizations, chambers of commerce or educational institutions
• Program accredited by:
  • Accreditation, Certification and Quality assurance institute (ACQUIN)
  • Agency for quality assurance (AQAS)

Who are eligible to apply:

• works either for a public authority or a state or private company in a developing country and, as such, is engaged in the planning and execution of directives and projects with emphasis on development policies having a bearing on technological, economic or social areas.
• Your academic degree must be in the following area:
  • Economics
  • Business administration
  • Social sciences with at least 12 courses in economics and business administration
• Have a bachelor’s degree( normally four years or equivalent to German Bachelor degree) or German Diploma
• for DAAD scholarship:
  • Have at least two-year professional experience
  • Be from a developing country 
  • Have obtained your degree no longer than six years ago.
• You must have already acquired basic academic knowledge of economics and business management
• You must have a high interest in the economic challenges facing developing and transition countries-
• Applicants who have been resident in Germany for longer than 15 months at the application deadline cannot be considered

Admission requirements:

• Applicants studied their bachelor degree in Europe universities must have completed 3 years and or 210 ECTS in Economics and Business Administration, thereof at least 15 ECTS in Economics
• International applicants: at least 12 Economics and Business Administration classes, with a minimum of 3 courses in Economics. The applicant’s result must be equivalence to the mentioned required numbers.
• Language proficiency:
  • TOEFL (PBT 580, CBT 237, IBT 96), IELTS 7, your result must have been taken within the last two year)
  • CPE (Certificate of Proficiency in English), All levels
  • CAE (Certificate of Advanced English), All levels
  • BEC Higher (Business English Certificate)
  • TOEIC 800 point or higher.

Note: To determine whether your degree qualifies, please contact [email protected]. Attach the scans of all academic transcripts (official list of courses attended and grades obtained) in English or German.

Necessary documents for MIDE:

• Motivation letter (maximum two pages) dated and signed by the applicant
• copy of Diploma and transcripts in English or German (copy should be certified by University or related authorities)
• Short explanation about grading system, the highest possible grade and lowest possible grade from your previous university
• Copy of Secondary School Certificate (with Graduation date)
• CV (not more than two pages- In Europass format)
• Copy of your passport
• Proof of English proficiency
• A two pages’ summary of your undergraduate/postgraduate thesis. (if you have been required to write a theses during your previous studies; please refrain from sending substitute documents if you have not been required to write a thesis so far).
• The DAAD application form
• Proof of two-year work experience
• Two recommendation letter
• Online application form (that will be available on May 15 on the MIDE website)

Requirements for DAAD scholarship:

• After your graduation, you must have at least two-year professionals work experience
• Your graduation time must not be more than six years
• You must be from a developing or newly industrialized country
• You must meet the MIDE admission requirements

Important documents for DAAD scholarship:

• Fill the application form for the DAAD scholarship and submit it with MIDE application form
• Reference letter form from your previous university.
• Recommendation letter from your employer.
• Confirmation letter of your professional work experience of two years since your graduation time, this letter must contain all information of your employment (start and end date, position, responsibilities, accomplishments, confirmation of study leave if granted).

Note:

• 1). all letters must contain, letterhead, signature, official stamps, recent date.
• 2). Your DAAD Application form, letter of motivation and CV submitted with the MIDE application form must be hand-signed.

• School certificate.

Selection criteria for the DAAD scholarship:

• You must work either for public or private organizations
• You must Have a bachelor’s degree in a related subject
• You must have completed an academic degree with mentioned degree
• Have 2 years’ professional work experience.

How to apply?

Interested Applicants of Master in International Development Economics (MIDE) should first check the eligibility and ensure that they are eligible to apply to this program, then follow the steps below:

 

• Download the DAAD scholarship application form and MIDE Application forms, fill them out, and send them according to the instructions. If you apply to DAAD scholarship, prepare letters of reference and Proof of professional experience.

Submit the form to the following email:

[email protected]

Self-financed Study option

If you want to apply as Self-financed student, please consider the following expenses:

Service fee

The service fee for the 18-month programme is € 2,500, and must be paid in a lump sum until 01 December of the year before you commence your studies. Payment in instalments is not possible.

Semester fee

In addition to the service fee for the programme, students are also subject to a semester fee of around €320 (subject to change). This fee must be paid prior to the start of each semester. The semester fee covers a ticket providing free travel on all public transport in Berlin, an administrative fee and contributions to ASTA (the student union) and the Studentenwerk (the organisation that runs student cafeterias and residence halls throughout Berlin). Please see the university website for further information regarding this fee.

Living expenses
In addition to the service fee, students require approximately € 700-1.100 per month to cover living expenses.

Accommodation: € 300-600
Food: € 200-300
Compulsory health insurance: € 105

Cultural events: € 100
Public transport: included in the semester fee.

Information about Blocked Account

Please note that the German Embassy usually asks visa applicants to open a blocked account (Sperrkonto) as proof that a student has the financial means to cover the living expenses.

Applicants must pay a minimum amount as required by law into the blocked account, usually for the first 12 months of the intended stay.

This ‘blocked amount’ that visa applicants need to deposit on the account will remain blocked until the account holder arrives in Germany. A blocked account is not freely accessible to the account holder upon opening of the account, as there are limitations on the amount that can be withdrawn or transferred by the account holders within a defined period of time.

Required amount for the blocked account: 11.208 € (as of January 2023)

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• Austrian Development Cooperation Scholarship for Developing Countries at ITH, 2023
• BAN KI-MOON Scholarship on SDGs at MCI-Austria (Master and Executive Master Degrees)
•  International Chinese Language Teachers Scholarship Master Degree (Fully-funded)
• Aga Khan International Scholarship Program 2023

For more information about the Master’s Program in International and Development Economics-MIDE and DAAD Scholarships, please visit the university website