The GrEnFIn Erasmus Mundus Joint Master 2027/28 is open to eligible Pakistani graduates until 7 January 2027 at 11:00 CET. The program offers up to 18 Erasmus Mundus scholarships worth €1,400 gross per month and accepts applicants worldwide for one of three energy, finance and climate tracks.
Quick Overview
| Program | Greening Energy Market and Finance Erasmus Mundus Joint Master |
|---|---|
| Partners | University of Bologna, LMU Munich and Paris Dauphine University |
| Study load | 120 ECTS across three countries |
| Places | Up to 51 |
| Scholarships | Up to 18 at €1,400 gross per month |
| Deadline | 7 January 2027, 11:00 CET |
| Status | Open |
About the Program
GrEnFIn is an interdisciplinary Erasmus Mundus Joint Master that prepares specialists for the transition to a low-carbon economy. It combines engineering, quantitative methods, economics, finance and climate-related business analysis.
Students complete a 120-ECTS mobility program and receive multiple degrees from the University of Bologna, Ludwig Maximilian University of Munich and Paris Dauphine University after successful completion.
Financial Benefits
- Up to 18 Erasmus Mundus scholarships are available across the three tracks.
- Each scholarship is €1,400 gross per month for the funded study period.
- The scholarship is intended to contribute to travel, visa, installation and subsistence costs.
- Scholarship holders do not pay the self-funded student participation costs described in the call.
Recipients cannot receive another EU-funded scholarship for the same Erasmus Mundus course during the GrEnFIn study period. Selection follows one combined scholarship ranking and Erasmus Mundus geographical-balance rules.
Program Structure
Applicants choose one track only:
- Renewable Technologies.
- Environmental Finance.
- Climate & Business.
Each track has its own semester mobility plan across Bologna, Munich and Paris or the relevant partner campus. The final phase includes a research project or internship. The program begins on 6 September 2027 after welcome week from 31 August to 3 September.
Eligibility Requirements
- Hold a three-year bachelor’s degree or another first-cycle qualification recognized as suitable, or be on track to graduate by 23 July 2027.
- Have a degree in Mathematics, Physics, Economics, Statistical Sciences, Information Technology or Engineering.
- Show English proficiency at CEFR B2 or higher through a recognized certificate unless an official exemption applies.
- Demonstrate suitable academic preparation and relevant curricular or extracurricular experience.
- Submit every mandatory document before the deadline.
The Admission Board scores academic merit up to 60 points and relevant experience up to 30 points. An optional GRE or GMAT can add up to 10 points. Candidates need at least 60 points for eligibility; those reaching 80 or more may be invited to a scholarship interview. Missing that interview excludes the applicant from scholarship consideration.
Required Documents
- Front and back copy of a valid identity document; international applicants may use a passport as specified in the call.
- Completed ISCED Classification Template in the required spreadsheet format.
- Degree certificate and transcript of records, with an English translation where required.
- Current transcript for applicants who have not yet graduated.
- Accepted proof of English at CEFR B2 or higher.
- Curricular and extracurricular experience in the Europass format.
- Erasmus Mundus Joint Master declarations required by the application.
- Optional GRE or GMAT certificate.
Only documents uploaded through Studenti Online are assessed. Do not send application files by email or post.
How to Apply
- Read the official 2027/28 admission notice.
- Register as an international student on University of Bologna Studenti Online.
- Choose Admission Application, then Second Cycle Degree Programme.
- Select exactly one GrEnFIn EMJM track and upload every required file.
- Submit by 7 January 2027 at 11:00 CET.
- Attend the interview if invited. Results are scheduled for 26 February 2027, with acceptance from 1 to 5 March.
Further Scholarships for Pakistani Students
- Erasmus Mundus Catalogue application guide
- University of Padua Scholarship guide
- ISU Bocconi Scholarship guide
Frequently Asked Questions
Can Pakistani students apply for GrEnFIn?
Yes. The 2027/28 call accepts applicants from EU and non-EU countries worldwide, subject to the academic and language requirements.
How much is the scholarship?
The call lists up to 18 Erasmus Mundus scholarships of €1,400 gross per month.
Is a final-year bachelor’s student eligible?
Yes. A final-year applicant may apply but must obtain the bachelor’s degree by 23 July 2027 to complete enrolment.
Is GRE or GMAT compulsory?
No. It is optional and can contribute up to 10 points in the assessment.
Applicants considering Bologna should also check our University of Bologna scholarships and fee-support status guide for the current ER.GO and International Talents position.
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