Erasmus Mundus Greening Energy Market and Finance (GrEnFIn) Scholarship 2027

Erasmus Mundus Greening Energy Market and Finance (GrEnFIn) Scholarship

Updated on 10 October 2026

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The Erasmus Mundus GrEnFIn (Greening Energy Market and Finance) master's is aimed at graduates in mathematics, physics, economics, statistics, computer science or engineering who want to work in energy markets and green finance. The highest-ranked applicants, from Africa and elsewhere, can secure a scholarship of €1,400 gross per month.

Applications run from 14 October 2026 to 7 January 2027 at 11 a.m. Paris time

Provider	GrEnFIn consortium: University of Bologna (coordinator), LMU Munich, Université Paris Dauphine – PSL
Countries	Italy, Germany, France (London campus for one track)
Level	Master's, 24 months, 120 ECTS
Benefits	€1,400 gross per month, participation costs covered, triple degree
Deadline	7 January 2027 at 11 a.m. (Paris time)
Official link	GrEnFIn call for applications

Contents

• What the programme covers
• Who can apply
• Documents to prepare
• How to apply, step by step
• Selection timeline
• Mistakes to avoid

What the programme covers

GrEnFIn trains specialists in the energy transition. You choose a single track: Renewable Technologies, Environmental Finance or Climate & Business.

Each track has its own mobility path. Renewable Technologies starts at Dauphine's London campus then continues in Bologna. Environmental Finance goes through Munich then Paris. Climate & Business goes through Bologna, Munich and Paris. The final semester is reserved for an internship or a research project.

At the end, you receive three master's degrees, one from each university.

The consortium awards a maximum of 18 scholarships for 51 places. The scholarship is paid for the full duration of the studies. It covers travel, visa, installation and daily living costs, and participation fees are taken care of.

Who can apply

• Holders of a three-year bachelor's degree in one of the fields listed above.
• Final-year students, provided they graduate no later than 23 July 2027.
• Applicants with a B2 level of English, proven by a certificate less than three years old at the deadline.
• Candidates who have never received an Erasmus Mundus master's scholarship.

African applicants fall under the category of third countries not associated to the programme. No single nationality can receive more than 10% of the scholarships.

Documents to prepare from Africa

• Both sides of your ID card, or your passport if your ID has no English translation.
• Bachelor's degree and transcripts translated into English, with the diploma supplement if your university issues one. If you have not graduated yet, a transcript of the marks obtained so far.
• The "ISCED classification template" (a four-sheet Excel file), to be downloaded from the official site.
• A CV in Europass format.
• A recognised B2 English certificate: for example IELTS 5.5, TOEFL iBT 72, PTE Academic 59 or Oxford Test of English 111.
• Optional: a GRE or GMAT score.

Legalisation of your diplomas is not required at the application stage. The authenticity and value of your qualifications will be checked at enrolment, and you will present the originals in Bologna.

Budget for the cost of translation and the English test. The application itself is free on the official platform.

How to apply, step by step

• Step 1: on Studenti Online, click "Register", then "International students registration". You will receive an @studio.unibo.it address.
• Step 2: click "Admission application", then "Second Cycle Degree Programme", and choose a single GrEnFIn track.
• Step 3: upload your documents as PDFs, except the ISCED template which stays in Excel.
• Step 4: accept the Erasmus Mundus declarations, then submit before 7 January 2027 at 11 a.m.

Only documents uploaded to the platform are reviewed. Do not send anything by email or post.

All the instructions are on the official application page.

Apply before 7 January 2027

Selection timeline

The panel scores your file out of 100: 60 points for your academic record, 30 for experience, 10 for the GRE or GMAT. You need at least 60 points to be eligible.

From 80 points upwards, you are invited to an interview, preferably in person in Bologna, Munich or Paris. An online interview is possible if you can justify it. Failing to attend removes you from the scholarship.

26 February 2027	Results
1 to 5 March 2027	Confirmation of place and scholarship
8 to 12 March 2027	Enrolment in Bologna
15 March to 20 May 2027	Possible calls from the waiting list
6 September 2027	Classes begin

Successful applicants from outside the European Union must then pre-enrol on the Universitaly portal and apply for a student visa, then comply with the rules of each country on their mobility path.

Mistakes to avoid

• Filling in the ISCED template carelessly: it is used to score your academic record out of 60 points.
• Assuming that a degree taught in English in Cameroon, Nigeria or Ghana exempts you from the test. Only degrees or nationalities from the United States, Canada, Australia, New Zealand, Ireland and the United Kingdom qualify for an exemption.
• Submitting a Duolingo test: it is not on the accepted list.
• Applying to two tracks: only one is allowed.
• Ignoring your @studio.unibo.it inbox: the interview date is sent there.
• Waiting until early January: the University of Bologna offices are closed from 23 December 2026 to 6 January 2027.

To improve your odds, also look at the Erasmus Mundus scholarship in aeronautical and space engineering, the Erasmus Mundus MAPP master's in public policy and the Erasmus Mundus EMMIR scholarship in migration studies. And if studying abroad is not an option right now, an online degree with a partial Unicaf scholarship is another route.

Read also

• Erasmus Mundus TFMASA scholarship in aeronautical and space engineering
• Erasmus Mundus MAPP master's in public policy
• Erasmus Mundus EMMIR scholarship in migration studies

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