Overview

Frankfurt School of Finance & Management, a non-profit private business school established in 1957 and located in Frankfurt am Main, is renowned globally and holds prestigious accreditations from AACSB, EQUIS, and AMBA. This consistent ranking among the world’s top business schools makes it a highly desirable option for international students pursuing studies in Germany.

The school has approximately 2,462 students across a range of programs, offering bachelor's, master's, MBA, EMBA, and PhD degrees in fields like business administration, computational business analytics, sciences, arts, finance, management, applied data science, auditing, and mergers and acquisitions.

Admissions at Frankfurt School follow varying application deadlines across its diverse programs, primarily offered during the Winter and Summer intakes. With a selective acceptance rate of around 40%, the school stands out in Germany for its competitiveness. Its MBA graduates often secure high-paying positions in Germany, with an average salary of about 71,000 EUR after graduation.

Who Can Apply?

• Academic Excellence: High grades and academic achievements are essential, as scholarships are primarily merit-based.
• Financial Need: Some scholarships consider financial need, requiring applicants to demonstrate that they require assistance to attend.
• Leadership and Extracurricular Involvement: Leadership roles, community involvement, or notable personal achievements can enhance an applicant’s profile.
• Commitment to Diversity: Applicants who bring diverse perspectives to the school community, such as international students or those from marginalized backgrounds, are highly encouraged to apply.

Application Procedure

• Prepare Application Materials: This includes academic transcripts, standardized test scores (if applicable), a resume, a statement of purpose, and sometimes letters of recommendation.

• Submit a Scholarship Application: Scholarship applications are often submitted alongside the general program application through Frankfurt School’s online portal. For certain scholarships, like Women in Business, applicants may need to write a personal essay outlining their goals and motivations.

• Attend an Interview: Shortlisted candidates may be invited for an interview, especially for scholarships that consider leadership qualities or personal backgrounds.

• Decision Notification: Once the application and interview processes are complete, selected candidates are notified of their scholarship status, usually a few weeks before program commencement.

What Financial Support is Available?

• General scholarships are offered to students with a strong academic background, under which they are offered 15%, 25% or 50% discount on their tuition fees.
• Diversity scholarships programs and STIBET III matching funds scholarships are offered to BSc students.
• President's scholarship offers a 75% tuition discount and free accommodation during the first year.
• Klaus-Peter Müller Scholarship: This scholarship is awarded to selected Master and MBA students (full-time, part-time) covering overall tuition fee expenses.
• Several scholarships are specially provided to MBA students. These include Frankfurt school scholarship, Frankfurt school alumni discount, among others.

Other Details

• The institute offers a range of courses for international students including bachelors, masters, MBA and PhD degree programs in various disciplines.
• The school has the following departments through which it imparts these degree programs:
  • Finance department
  • Economics department
  • Philosophy and law department
  • Management department
  • Accounting department
• Bachelor degree program offered by the school includes Bachelor of Arts, Bachelor of Science, Bachelor of business administration, Bachelor in computational business analytics.
• Master degree programs offered by the school include a Master of Finance, Master in Management, Master in applied data science, Master in auditing, Master of mergers and acquisitions, Master of financial law, Master in corporate performance and restructuring, Master of leadership in sustainable finance.
• Different MBA -degree programs offered by the school include a full-time MBA program, part-time MBA program and an executive MBA program.
• Apart from the above-mentioned degree programs, the school also offers a PhD degree program in accounting, management and finance.