Apply For Fully-Funded Erasmus Mundus Master in Impact Entrepreneurship: The scholarship is called Erasmus Mundus (‘European-World’), and it is preparing students to become the entrepreneurs of tomorrow. What makes this scholarship unique is that the Master in Impact Entrepreneurship is fully funded by the EU. This means you don’t need to pay anything out of pocket, and all your living expenses are covered as well!
If you’re interested in being an entrepreneur and want to learn how to start a business while still being guaranteed financial stability and an amazing education, you should consider applying for a scholarship like this one.
Not only will it set you up for a successful career, but it will also give you incredible opportunities to live and study in both European and non-European countries. We have a limited number of places available for scholarship students.
The Master in Impact Entrepreneurship is a two-year curriculum that prepares its students to become the entrepreneurs of tomorrow. The first semester will allow you to develop your entrepreneurial skills, while the second semester focuses on specific topics of interest to impact entrepreneurs.
Entrepreneurship Description
Through a combination of teaching and research, the program aims to deepen both understanding and skills in entrepreneurship, innovation, leadership, and cross-cultural collaboration. Within the Erasmus Mundus Entrepreneurship program you can find a range of different streams:
The Entrepreneurship Stream is designed to provide learners with an entrepreneurial perspective on how they can design an organization that will succeed. The Innovation Stream is designed for those who want to develop the capacities necessary for innovation processes. The Leadership Stream will help participants acquire competencies in leadership skills necessary for the networked economy where global cooperation is a necessity.
Summary of Details the Erasmus Mundus Entrepreneurship
The Erasmus Mundus program offers an online platform with a comprehensive set of tools for entrepreneurs. The main objectives of the program are to facilitate international entrepreneurs and to deliver tools for development to accelerate regional integration. Backed by an Advisory Board that includes Nobel Prize Laureates, it is one of the most prestigious programs in international education and business administration.
Scholarship Host Country: European Countries
Host University: Europe Universities
Course level Available: Undergraduate, Postgraduate
To be funded by: Fully-Funded Erasmus Mundus Master in Impact Entrepreneurship
Application Deadline
The application deadline for being considered for this course is February 27th 2023.
Documents needed to apply for Erasmus Mundus Master in Impact Entrepreneurship
The documents needed are:
- The registration form
- A copy of the diplomas and transcripts to prove admission
- Proof of legal residency or student status in a European Union country.
- Academic record with certificates.
- A letter of motivation outlining the reason for your application.
- Documents proving competence in the English language, for instance, an international or national TOEFL or IELTS certificate.
If you have any further questions, please contact us.
We are looking forward to welcoming you to our university!
Eligibility Criteria for Erasmus Mundus Master in Impact Entrepreneurship
To be eligible, here are the criteria:
- At least 18 years old
- Have completed a Bachelor’s or equivalent degree in Business, Economics, Law, Political Science, or related subjects
- Have a high school diploma or equivalent (e.g., GCE A-Levels)
- Is fluent in English and/or the relevant regional language and have a good command of the English language (C1 level according to Common European Framework of Reference for Languages)
- Has acquired knowledge of the business environment of their home country.
- Have not been declared bankrupt (having had one bankruptcy after having been granted an entrepreneurial loan is acceptable).
- Have fulfilled all legal obligations towards taxes in Europe.
How to Apply for Erasmus Mundus Master in Impact Entrepreneurship
Here are the steps to applying:
- Download the application from their website
- Fill in your information
- Send it to one of the three schools that accept Erasmus Mundus Master in Impact Entrepreneurship applications: the University of Oxford, University of Bocconi, or Copenhagen Business School
Fields of Study at Erasmus Mundus Master in Impact Entrepreneurship
The available fields of study are:
- Entrepreneurship
- Business management
- Social entrepreneurship and innovation
- Corporate social responsibility
- Development economics and international trade
- Public management, law, finance, and sound business practices
- Regional integration and sustainable development
- Human development, health, and aging
- Corporate governance and sustainability
- International political economy
- Public law, history and international relations
- International relations
- European integration studies
- Contemporary intellectuals, art, and society
- Political ecology and social ecology
However, these fields of study do not cover all crucial aspects of impact entrepreneurship. For example public management, law, finance, and sound business practices (for European topics), international political economy (in a more global perspective), and the relationship between business management & social entrepreneurship.
Furthermore, this Master’s program is for students only in the field of Social Entrepreneurship who have no experience in entrepreneurship thus there are limited chances for majors to do this Master’s program.
Benefits of Applying for Erasmus Mundus Master in Impact Entrepreneurship
The benefits of studying here are:
- Financial support
- No tuition fees for Erasmus Mundus Master in Impact Entrepreneurship students
- Possibility to start a business during the program and use its office space facilities
- No Erasmus Mundus Master in Impact Entrepreneurship tuition fees for the second semester (when the thesis is being written)
- A thesis is not limited to research
- Access to the Centre’s international network of alumni and mentors
- The duration of the program and workload are adapted to students’ individual needs.
- Students can start a business during the program which they can operate from our facilities during their stay in Estonia. The Centre’s premises provide a great opportunity for students who want to promote their products or services, as it offers office space at a low cost as well as opportunities for meetings with potential investors, partners, clients, and other decision-makers.
We hope you’ll have time to visit our program website. There are more details about the academic content, financing, and application procedure. If you still have any questions after reading this introduction, please contact us via email or phone. We look forward to hearing from you!
Conclusion
The Erasmus Mundus Master in Impact Entrepreneurship is more than just an educational experience. It is also a chance for students to live and work abroad and to interact with people from different cultures, countries, genders, and backgrounds. The diversity of the student body contributes significantly to enriching the academic experience.
The faculty members are all lecturers, who are experts in their fields. They come from all over Europe, which means they have been able to bring the culture of their region into our classrooms. The diverse skillsets they bring in allow us to learn not only about entrepreneurship but also about marketing or finance or accounting or many other fields of study that would be difficult if not impossible at home.
Finally,
With this training, students have the opportunity to develop skills – leadership skills, communication skills, and teamwork skills – that are useful in any field or position of work. And they also get a chance to explore and learn about a new country and culture completely open-minded and not biased by preconceived ideas.
The Erasmus Mundus Master in Impact Entrepreneurship allows students to experience different lifestyles that they may not have experienced at home. This gives them the unique opportunity to try out a whole range of lifestyles without the restrictions one may normally encounter in one’s own country.
Frequently Asked Questions
The fully-funded Erasmus Mundus Scholarships for the class of 2023 got open for applications in European Universities for all international students. Consider submission of your applications to win a chance to study for free at a European destination school this year.
2.5 to 3.0 CGPA
You can start applying once you turn 16 and there are no age restrictions beyond that. You may still apply despite accumulating a below-average CGPA (previously, there were scholarship recipients with a 2.5 to 3.0 CGPA).
References
- https://studygreen.info/erasmus-mundus-scholarship-programme-2022/
- http://www.hecliege.be/en/news/4
- https://www.ism.lt/en/news-and-events/the-application-process-to-erasmus-mundus-masters-programme-has-begun/
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