Erasmus+ in the current generation of the program (2021-2027) aims to support the objectives of the European education agendas to advance the modernization, internationalization and qualitative improvement of higher education in Europe, to strengthen the international competences, personal development and employability of students, to increase the attractiveness of the EU as a study and science location and to contribute to the sustainable development of higher education in third countries.
Finally, the program should also help to build more bridges across educational sectors and intensify cooperation between different educational sectors.
Erasmus+ in Higher Education supports students, higher education institutions, higher education staff and non-academic partners; it also supports cooperation with schools, enterprises, adult education institutions and youth associations.
The program includes the following key actions:
Erasmus+ has a budget of approximately 26.2 billion euros. This is almost twice as much as for the predecessor program (2014-2020).
You can also find more information about Erasmus+ on the European Commission website.
Erasmus+ funding is primarily used to strengthen mobility within Europe and, since 2015, to a lesser extent with other parts of the world. Students in all study cycles up to and including the doctorate who wish to complete a part of their studies or an internship abroad are included. Students in the bachelor's, master's, and doctoral programs can each receive funding for up to 12 months. Internships abroad are also possible after graduation. Erasmus+ also contributes to the further internationalization of the universities by funding short-term lectureships and further training stays for teaching and administrative staff. Furthermore, universities can invite corporate staff from abroad for teaching visits and now also participate in multilateral strategic partnerships with other European partners (also from the non-academic sector) and jointly develop innovative projects (e.g. in the field of curriculum development or on cross-educational topics).
All Actions of the Erasmus+ program are fully open for participation by EU Member States. In addition, according to Article 19 of the Erasmus+ Regulation, the following third countries are associated with the program:
The EU has been funding the Erasmus program for 35 years. It has so far enabled over three million European students to spend part of their studies in a higher education institution or organization in Europe.
Erasmus+ opens up such opportunities for everyone - students, staff, trainees, teachers, volunteers and other interested parties. The program is not just for Europe or European citizens, but is open to participants from all countries.
Under the umbrella of the EU education program Erasmus+, the following mobility measures are supported:
Any higher education institution wishing to participate and/or apply for this EU program must have a valid Erasmus Charter for Higher Education (ECHE) (file document accordingly).
The ECHE has been issued by the European Commission. It proves that a higher education institution meets all the requirements for successful participation in the Erasmus+ program.
You can view the Erasmus Declaration on European Higher Education Policy here.
“This project has been funded with the support of the European Commission. The responsibility for the content of this publication (release) is borne solely by the author; the Commission is not liable for any further use of the information contained therein.”
Further information and advice concerning the Erasmus+ mobility grants can be obtained from
German Academic Exchange Service (DAAD)
National Agency for EU Higher Education Cooperation
An Erasmus+ study visit can last between two months and twelve months. In total, students can be funded for up to 36 months for study and/or internship:
Erasmus+ also allows for a combination of studies and internship: students can thus study at a higher education institution on the one hand and complete an internship in a company or other institution within the same mobility period on the other. Each mobility can be complemented - provided that the minimum duration for the physical stay is respected - by a virtual phase with no time limit.
Under certain conditions, shorter mobilities in the form of "blended mobility" (combination of virtual and physical mobility) can also be supported. The duration of the physical phase is a minimum of 5 days and a maximum of 30 days. The format is complemented by any volume of virtual learning before or after the physical mobility. The duration of the virtual component is not subject to any eligibility criteria, but a minimum of 3 ECTS credits must be awarded for the combined virtual and physical mobility.
All grantees who have participated in an Erasmus+ mobility action are required to prepare and submit a report on the action after its completion, together with relevant supporting documents (e.g. on the duration of the stay).
Regular enrolment at the CBS
Completion of the first year of study
In the case of a compulsory semester abroad, you apply to the programme in your third semester at the CBS.
In the case of a voluntary semester abroad (e.g., in the Master's programme), you apply in the second semester.
Watch out for the announcements, info sessions and information that the CBS International Office regularly publish on the Erasmus+ programme.
Study visit at a partner university with which the home university has concluded an Erasmus cooperation agreement (inter-institutional agreement).
Home and host university have a valid Erasmus University Charter (ECHE)
Students can use Erasmus+ to complete internships in companies or organizations in other European countries.
Students can be funded with Erasmus+ if....
All grantees who have participated in an Erasmus+ mobility measure are obliged to prepare a report on the measure after its completion and submit it together with relevant evidence (e.g. on the duration of the stay).
Erasmus+ supports guest lectureships at European partner universities, stays of foreign company representatives at German universities as well as further education and training measures for university staff at European universities and companies.
What is funded?
Funding is available for guest lectureships at partner universities in Erasmus+ program countries and partner countries. Guest lecturers should strengthen the European dimension of the host university through their stay, complement its teaching offer and impart their expertise to students who do not want to or cannot study abroad. Where possible, this should include the development of joint study programs between the partner universities as well as the exchange of teaching content and methods.Grantees receive...
Duration of the grant
Teaching stays last between at least 2 days for program countries or 5 days for partner countries and 60 days (in each case excluding travel time). The required teaching load per stay is eight hours for the first week of stay or a shorter stay. For each additional day of stay beyond one week (seven days), the minimum number of hours is calculated on a pro-rata basis.
If teaching and continuing education are combined, the teaching load is reduced to 4 hours per week. There is no minimum teaching load for invited personnel from companies.
Financial support for Erasmus mobility for teaching and learning purposes or for further education and training is based on the different costs of living in the destination countries ("program countries"). Uniform daily rates apply for funding by German universities.
Since project year 2021, the following fixed daily rates apply for Germany for the different country groups up to the 14th funding day; from the 15th to the 60th funding day, the funding amounts to 70% of the mentioned daily rates: https://eu.daad.de/infos-fuer-hochschulen/projektdurchfuehrung/mobilitaet-von-einzelpersonen-KA131/foerderraten-und-aufstockungsbetraege-top-ups-in-der-mobilitaet-von-einzelpersonen-ka131/de/79410-foerderraten-und-aufstockungsbetraege-top-ups-in-der-mobilitaet-von-einzelpersonen-ka131/
In addition to these daily rates, there is a travel allowance depending on the actual distances between the starting point and the destination of the mobility, which are determined uniformly throughout Europe using a calculation tool. The following amounts are reimbursed per stay and depending on the distance:
International students who would like to complete a semester or a year of study at CBS International Business School as part of the Erasmus+ programme can find all information on the courses offered for international students, the application process, language requirements, support, and contacts at CBS in the section for exchange students.