The Frankfurt School of Finance and Management, founded in 1957, is a private business school in Frankfurt am Main. The institute is AACSB, EQUIS, and AMBA certified, and it is consistently listed among the finest business schools in the world, making it a popular choice among international students looking for higher education in Germany. The institute has around 2,462 students registered in its various academic programs. It provides bachelor's, master's, MBA, EMBA, and PhD degree programs in fields such as business administration, arts, data science, auditing, and many more. Admissions to the School follow distinct registration dates for its respective courses, typically in two intakes: winter and summer.
Frankfurt School of Finance and Management Highlight
Because of the university's multitude of courses, the cost of living in Germany differs for different academic degrees at the institute. Students who intend to attend the institution may expect annual tuition costs ranging from 27,000 EUR to 47,500 EUR.
A few of the institute's most well-liked courses include annual tuition costs that are as follows:
Program
Annual tuition fee
Bachelor in computational business analytics
6.950 EUR
Bachelor in business administration
6.950 EUR
Master of finance
36,500 EUR
Master in applied data science
32,500 EUR
Master in management
32,500 EUR
MBA
38,000 EUR
The following is the cost of living while studying at the institute:
Housing cost
Category
Quantity
Rent/Month
S
32
530 EUR
S (apartment with a lounge)
54
550 EUR
M
111
595 EUR
L
29
610 EUR
XL (Apartment)
4
855 EUR
XXL (Apartment)
4
985 EUR
Handicapped accessible housing
2
610 EUR
Accommodation
The university's campus, established in 1957 in Frankfurt am Main, Germany, boasts state-of-the-art facilities, including a 400-seat auditorium, 38 seminar rooms (including 11 amphitheaters and 22 regular seminar rooms), 5 computer rooms, a finance lab, and a learning center. With students from nearly a hundred countries across five continents, the campus has a truly international atmosphere, hosting various social and recreational events year-round. Accommodation options include two on-campus dorms, House A and House C, offering a range of furnished en-suite rooms and studio apartments. Additionally, the university collaborates with Uninest Student Residences, providing 125 fully furnished off-campus apartments exclusively for its students.
Scholarship
Financial assistance is available at Frankfurt School of Finance & Management in the form of numerous scholarships in Germany for overseas students.
Students with a solid academic background are eligible for general scholarships, which provide a 15%, 25%, or 50% tuition price reduction.
BSc students can apply for diversity scholarships and STIBET III matching money scholarships.
The President's Scholarship provides a 75% tuition discount and free housing for the first year.
Müller, Klaus-Peter Scholarship: This scholarship is given to chosen Master's and MBA students (full-time and part-time) and covers the entire tuition charge.
MBA students are eligible for a number of scholarships. Among these are the Frankfurt School Scholarship and the Frankfurt School Alumni Discount.
In addition to the scholarships stated above, students can pay their tuition in installments.
Frankfurt School of Finance & Management's Admission
Frankfurt School of Finance & Management adheres to strict admission deadlines, underscoring the importance of applying well in advance to secure a place. Late applications are considered only if there are available seats for the specific course. Admission criteria for both undergraduate (UG) and postgraduate (PG) courses are generally consistent for international students, although certain additional prerequisites apply to foreign students. Key prerequisites include English language proficiency and the acquisition of a UK student visa.
Prospective students can initiate the application process by accessing the online portal on the official school website. Those applying for postgraduate degrees should possess a first university degree and demonstrate written and spoken English proficiency. In most cases, general admission requirements such as official transcripts, letters of reference, a resume, and a personal statement apply across various subjects. As admission deadlines vary, applicants should check the specific deadlines for their chosen program on the school's official website and ensure timely submission of their applications to maximize their chances of acceptance.
Documents Required for Frankfurt School of Finance and Management
Documents for UG
Two most recent school transcripts or a secondary school diploma
Optional yet suggested letter of motivation
CV or resume
Other records attesting to extracurricular or professional activity
A photocopy of your passport or ID
Report on English proficiency scores
ACT/SAT score
Two Letters of Recommendation (LORs)
Financial documents
Documents for PG
Certified copy of the transcripts, including the final GPA and the undergraduate degree accomplishment certificate.
Report on English proficiency.
GRE or GMAT scores.
English resume.
Two LORs, or letters of recommendation.
Any supporting papers for extracurricular activities or work experience.
Statement of Purpose (SOP) or LOM
Passport copy with pictures
Financial records
Exam Requirements for Frankfurt School of Finance and Management
The Frankfurt School of Finance and Management has particular entrance criteria for each program, which are shown below:-
Course
Requirements
Bachelor in Business Administration (BSc)
Obtaining a Secondary School Diploma (or its equivalent in German) with honors
Successfully pass the tests given at the assessment center, which include:
Math test
Cognitive test
English test
Interview
Bachelor of Arts Program
admission requirements for universities (such as the Abitur or the university admission test for professionals)
employment in the business sector while you are still in school, such as an apprenticeship, a job you may do full-time, an internship that is relevant, or other paid employment.
Full-time/part-time MBA
· First academic degree (Bachelor or equivalent)
· Three years of post-graduate work experience
· GMAT or GRE (alternative Frankfurt School MBA Admission Test only available on request)
Executive MBA
· First academic degree or equivalent
· At least 7 years of work experience with appropriate managerial responsibility
MBA in International Healthcare Management (part-time)
· First academic degree
· At least 3 years of professional experience
· Healthcare relevant background or interest
Students from other countries must provide the following evidence of their English language proficiency:-
Test
Score
TOEFL iBT
90
ITP
577
IELTS
7.0
Frankfurt School of Finance & Management's Ranking
In 2023, Frankfurt School of Finance & Management achieved impressive global rankings in the field of Business according to QS World University Rankings. It holds the #45 position out of 252 institutions worldwide, showcasing its strong standing on the global academic stage. Within Germany, it excels further, securing the #2 spot out of 5 universities, emphasizing its leading role in business education and research in the country. These rankings by QS affirm the institution's commitment to academic excellence and its significant impact on the field of business studies both nationally and internationally.
More About Frankfurt School of Finance & Management
The institution maintains a high degree of selectivity in its admissions process, with an acceptance rate of around 40%. This reflects the institution's dedication to drawing in and enrolling students who uphold its educational principles and achieve demanding academic requirements, assuring a brilliant and varied population of students.
Top Courses Offered at Frankfurt School of Finance and Management
Here are some of the popular undergraduate (UG) and postgraduate (PG) courses offered at Frankfurt School of Finance and Management, along with their respective details:
Undergraduate Courses (UG):
Course
Duration
Mode
Medium
Annual Fees (INR)
Annual Fees (EUR)
B. A. Business Administration
3 years
On Campus
German
13.6 L/Yr
15,400 /Yr
B.S. Computational Business Analytics
3 years
Co-Op, On Campus
English
13.6 L/Yr
15,400 /Yr
Postgraduate Courses (PG):
Course
Duration
Mode
Medium
Annual Fees (INR)
Annual Fees (EUR)
M.B.A (Master of Business Administration)
1 year
On Campus
English
37.3 L/Yr
42,180 /Yr
M.S Finance
2 years
On Campus
English
34.5 L/Yr
39,000 /Yr
M.S Management
2 years
On Campus
English
31.4 L/Yr
35,500 /Yr
M.S Applied Data Science
2 years
On Campus
English
31.4 L/Yr
35,500 /Yr
M.L.L.M Mergers & Acquisitions
2 years
On Campus
German
29.2 L/Yr
33,000 /Yr
Please note that the fees mentioned are approximate and may vary.
USPs of Frankfurt School of Finance & Management
Some USPs of Frankfurt School of Finance & Management include:
Intensive scientific research is a foundation for innovation and ideas which bring about transformational changes in lifestyles and professions. This is the goal and motto of the institution.
The institution has a goal of evolving perspectives through initiatives like academic programs for multiple years, workshops, conferences, and more.
The institution has its urban campus in Frankfurt which encourages entrepreneurship.
It is globally acclaimed for finance and management education.
There are numerous bachelor’s and master’s programs that the university offers.
Digital advancement and sustainability are the bedrock of all activities at the institution along with data-based decision-making and world-class faculty.
The institution offers career-oriented courses for students along with various job and internship opportunities as well.
Frankfurt School of Finance & Management acceptance rate is 35%, as per EduRank.
Famous Alumni of Frankfurt School of Finance & Management
Some of the famous alumni include:
Christian Sewing, CEO of Deutsche Bank
Alexander Doll, Former CEO, Barclays Germany
Axel Frein, CEO, Valovis Commercial Bank
Rainer Fuhrmann, Former CEO, DZ Bank AG
Jochen Klösges, Former Board member, Commerzbank, and CEO of E.R. Schiffahrt
Stefan Müller, Member of Parliament in Bavaria
Address
The address of the Frankfurt School of Finance & Management is Adickesallee 32-34, 60322 Frankfurt am Main, Germany.
Public or Private Status
The Frankfurt School of Finance & Management is a private institution.
Frankfurt School of Finance & Management Ranking
Times Higher Education (THE) has ranked the institution at 601-800th in its 2021 Impact Rankings.
Top Offered Courses at Frankfurt School of Finance & Management
Business Administration
Management
Philosophy & Economics
Bachelor of Arts
English
Finance
Applied Data Science
German
Financial Law
Corporate Performance & Restructuring
Mergers & Acquisitions
Sustainable Finance
Blockchain & Digital Assets
The Frankfurt School of Finance & Management fees vary as per the course. For instance, the full-time MBA for 12 months costs around 39,000 Euros, or approximately INR 33.15 lakh.
Admission Requirements at Frankfurt School of Finance & Management
There are several Frankfurt School of Finance & Management requirements including the following:
Official transcripts of academic records and degree/diploma certificate.
Certified German or English translations if required.
CV or Resume.
Passport Copy.
Work experience proof if required along with proof of extracurricular activities and additional education/training.
GRE/GMAT scores along with IELTS/TOEFL scores.
Certified/notarized diploma for the first academic degree of the aspirant (usually the bachelor’s degree).
As a GRE/GMAT alternative, there are the Business Test Methods (available only upon request).
Two reference letters.
These are some of the main requirements for Frankfurt School of Finance & Management admissions.
Scholarships at Frankfurt School of Finance & Management
Here are some scholarships that students at the Frankfurt School of Finance & Management can apply for:
There is the Diversity Scholarship which seeks to promote diversity about academic profiles, race, gender, and other factors. This contributes towards 25-50% lower fees in general. Students may apply directly to the institution by providing a motivation letter.
There is a Bachelor of Science scholarship for students who are qualified. This may help in tuition fees coming down by anywhere between 25-75%.
The General FS Scholarship is for those scoring high grades and offers waivers between 25-50%.
The President’s Scholarship is for highly qualified aspirants with tuition fee waivers of up to 100%.
STIBET III Matching Funds Scholarship- STIBET is funded by DAAD and the Auswaertiges Amt.
The university also awards four such scholarships of 3,000 Euros each (approximately INR 2.5-2.6 lakh) for international undergraduate students.
Placements at Frankfurt School of Finance & Management
The institution has dedicated Career Services for students, offering a connection into the business market for students with resources, tools, networking opportunities, and more. The team offers guidance to students while equipping them with industry-ready skills and knowledge.
There is an event management service on offer along with the in-house Jobs Board. There are professional services for businesses, enabling access directly to future talents. Students will find out more about handling corporate duties while taking a look at advertisements for openings on Jobteaser.
Graduates from the Frankfurt School of Finance & Management are well-equipped for lucrative career opportunities across various fields. The university's rigorous academic programs and emphasis on practical skills development prepare students for success in the global job market. Here's a glimpse of potential career opportunities and expected salaries for graduates from some of the prominent courses:
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