The state of Sachsony subsidizes your study: there are no tuition fees for the programme for students doing their first Master level programme. Students who have already completed a Master level study programme are liable to pay a fee of currently €300.- per semester (which is of course still not covering all costs, is still largely subsidized).

As is customary in Germany, the university asks for currently €94.- per semester for the student union and for university administration. That all students have to pay each semester that they are enroled in the programme - even if they do a mobility stay at a pargtner university.

We do not offer scholarships ourselves. For funding possibilities please check e,g, the DAAD-Scholarship Database.

Whilst we do not require students to pay for cost-covering tuition, we cannot help students finding funding for their studies in IBRE. All students are expected to secure their own financial support.

We see it as very problematic if students work next to studying, because IBRE is a full-time programme. Some students try to find jobs in the semester break, but there are also exams at this time.

About the legality of paid work with a student visa: students are allowed maximum 90 days of paid work in 12 months and paid student help in the university on top of this. But, student jobs in university are very scarce and typically, German language proficiency is required.

Living costs amount to around €400-600.- per month (which includes housing, insurance, food, clothes, etc.).

Costs of studying at the partner university vary between host universities. Some ask for additional tuition fees, but we have agreements with most to waive fees for our students. We have best experience with Poznan, Trento, Lappeenranta, Krakow, Gliwice, and Paris. A small fee is negotiated with Wuhan University of Technology and Science (China). Central European University Budapest (Hungary) and University of Hyderabad (India) and the Higher School of Economics in Moscow ask for significant fees.