About the university
Frankfurt School of Finance & Management is a private business school in Frankfurt, founded in 1957 as an academy for the banking industry. It is one of the few business schools worldwide with triple-crown accreditation (AACSB, EQUIS and AMBA), and it focuses on finance, management, data and technology.
It is known above all for finance. Its Master in Finance was ranked 3rd in Germany and 41st in the world in 2026, and its Master in Management 6th in Germany and 46th in the world. Graduates mostly work in banking, consulting and FinTech, and almost all master's graduates stay in Germany.
Indian students look at Frankfurt School for a direct route into Frankfurt's banking and finance sector, which includes the European Central Bank and Germany's largest banks. It is expensive by German standards: most two-year master's cost €35,500 in total and the Master of Finance €44,000. You also need a GMAT, GRE or the school's own admission test.
Frankfurt is Germany's financial centre, with a large international population and one of Europe's biggest airports. Rents are among the highest in Germany, so plan housing early.
- Founded
- 1957, as an academy for the banking sector
- Type
- Private business school with university status and triple-crown accreditation
- Campus
- Adickesallee 32–34, Frankfurt am Main
- Programmes
- English-taught bachelor's, five full-time pre-experience master's, Full-time MBA and executive education
- Employability
- No. 1 in Germany in the Global University Employability Ranking 2026 (as quoted by the school)
- Intakes
- Late August for master's; September for bachelor's and the MBA
Rankings
Financial Times Masters in Finance (pre-experience) ranking 2026
41 in the world; 3rd in Germany
Financial Times Masters in Management ranking 2026
46 in the world; 6th in Germany
Financial Times Global MBA ranking 2026
96 in the world; 4th in Germany
Popular courses with Indian students
- Postgraduate
- Fee / year
- €22,000
- Duration
- 4 semesters (120 ECTS, full time)
- Intakes
- August (23 August 2027)
- English
- IELTS 7.0 or TOEFL iBT 5.0 (new scale)
- Postgraduate
- Fee / year
- €17,750
- Duration
- 4 semesters (120 ECTS, full time)
- Intakes
- August (23 August 2027)
- English
- IELTS 7.0 or TOEFL iBT 5.0 (new scale); may be waived for an English-taught bachelor's
- Postgraduate
Master of Artificial Intelligence & Data Science (MSc)
- Fee / year
- €17,750
- Duration
- 4 semesters (120 ECTS, full time)
- Intakes
- August (23 August 2027)
- English
- IELTS 7.0 or TOEFL iBT 5.0 (new scale); may be waived for an English-taught bachelor's
- Postgraduate
Master in Financial Technology (MSc)
- Fee / year
- €17,750
- Duration
- 4 semesters (120 ECTS, full time; 3 possible in some cases)
- Intakes
- August (23 August 2027)
- English
- IELTS 7.0 or TOEFL iBT 5.0 (new scale)
- Postgraduate
- Fee / year
- €42,000
- Duration
- 12 months (full time)
- Intakes
- September (1 September 2027)
- English
- IELTS 7.0 or Duolingo 130, or equivalent
- Undergraduate
Bachelor in Business Administration (BSc)
- Fee / year
- €17,200
- Duration
- 7 semesters (210 ECTS)
- Intakes
- September (1 September 2027)
- English
- Tested in the Online Assessment Centre; no certificate needed to apply
- Undergraduate
Bachelor in Artificial Intelligence & Data Engineering (BSc)
- Fee / year
- €17,200
- Duration
- 7 semesters (210 ECTS)
- Intakes
- September (1 September 2027)
- English
- Tested in the Online Assessment Centre; no certificate needed to apply
Fees for international students
| Course | Duration | Fee / year (EUR) | Approx. in rupees |
|---|---|---|---|
| Master of Finance (MSc) | 4 semesters (120 ECTS, full time) | €22,000 | ≈ ₹23.3 lakh |
| Master in Management (MSc) | 4 semesters (120 ECTS, full time) | €17,750 | ≈ ₹18.8 lakh |
| Master of Artificial Intelligence & Data Science (MSc) | 4 semesters (120 ECTS, full time) | €17,750 | ≈ ₹18.8 lakh |
| Master in Financial Technology (MSc) | 4 semesters (120 ECTS, full time; 3 possible in some cases) | €17,750 | ≈ ₹18.8 lakh |
| Full-time MBA | 12 months (full time) | €42,000 | ≈ ₹44.5 lakh |
| Bachelor in Business Administration (BSc) | 7 semesters (210 ECTS) | €17,200 | ≈ ₹18.2 lakh |
| Bachelor in Artificial Intelligence & Data Engineering (BSc) | 7 semesters (210 ECTS) | €17,200 | ≈ ₹18.2 lakh |
Fees are for international students for the entry year shown on each course page and can rise each year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.
Want a course shortlist with fees?Our counsellor will compare courses at Frankfurt School of Finance & Management with similar universities in Germany.
Scholarships
- Pre-experience master's
Early Bird discount (master's)
Value: €4,000 off if you apply by 30 November 2026; €2,000 off by 31 March 2027
Eligibility: All applicants to the full-time master's programmes for August 2027.
Official page (opens in a new tab) - Full-time MBA
Early Bird discount (Full-time MBA)
Value: €6,000 (apply by 30 November 2026), €4,000 (by 28 February 2027) or €2,500 (by 31 May 2027)
Eligibility: Applicants to the September 2027 Full-time MBA.
Official page (opens in a new tab) - Bachelor's and master's
Deutschlandstipendium
Value: €300 a month, non-repayable
Eligibility: High-achieving students; Frankfurt School planned 60 awards for 2025/26.
Official page (opens in a new tab) - Master in Management and other master's
Scholarships for female students (Lincoln International, Andy Hamer, Dennis Mahoutchian)
Value: Amounts not published
Eligibility: Outstanding female students; the Lincoln International award is for the Global Strategy or Data & Business Analytics concentrations.
Official page (opens in a new tab)
Admission requirements
Undergraduate
- You apply with your two most recent upper secondary school reports (Class 11 and 12) and then take the Online Assessment Centre: reasoning tests, an English test and a structured interview.
- Frankfurt School does not list Indian Class 12 boards; it refers non-standard school qualifications to the DAAD admission database, so check whether your Class 12 gives direct entry in Germany.
- Applications close on 30 June 2027 for September 2027, with rolling admissions after that if places remain.
Postgraduate
- Master's programmes need a bachelor's degree of at least 180 ECTS, so a three-year Indian degree can qualify.
- A valid GMAT or GRE score is required, or you can take the Frankfurt School Admission Test (BT Methods) once instead. This cannot be waived.
- Shortlisted applicants have an admissions interview. The master's deadline for August 2027 is 30 June 2027.
- The Full-time MBA needs at least three years of post-graduate work experience. GMAT, GRE or EA is preferred, not mandatory. Applicants from India are advised to apply by the end of April because of visa times.
Documents
- Valid passport
- Bachelor's certificate and transcripts (master's)
- Class 11 and 12 reports (bachelor's)
- GMAT, GRE or Frankfurt School Admission Test result (master's)
- IELTS or TOEFL score (master's and MBA)
- CV and the €100 application fee
Check if you are eligibleShare your marks and test scores and our counsellor will tell you which courses you can apply for.
English language requirements
| Test or route | Typical requirement |
|---|---|
| IELTS Academic | 7.0 for the full-time master's and the MBA |
| TOEFL iBT | 5.0 on the new 1–6 scale for the master's programmes |
| Duolingo English Test | 130 for the Full-time MBA |
| Waiver | The master's English test may be waived if your bachelor's was taught in English. Bachelor's applicants take an English test in the Assessment Centre instead. |
Accommodation and living costs
Most students rent privately in Frankfurt, one of Germany's most expensive cities for housing. The school did not publish rent figures on the pages we could read, so budget generously and start your search early.
| Item | In EUR | Approx. in rupees |
|---|
Campus and location
The campus is at Adickesallee 32–34 in Frankfurt am Main.
- Triple-crown accredited (fewer than 1% of business schools worldwide hold all three).
- Full-time master's and bachelor's programmes taught in English.
- Close links with banks, consultancies and FinTech firms in Frankfurt.
- Executive education and part-time professional master's alongside degree programmes.
Careers and graduate outcomes
Careers are Frankfurt School's strongest point. Most master's graduates find jobs within a few months, mainly in banking, consulting and FinTech, and nearly all stay in Germany. For post-study work rules, see our Germany guide.
| What | Figure | Source |
|---|---|---|
| Master of Finance graduates in a job within 3 months (Class of 2025) | 95% | Frankfurt School: Master of Finance page |
| Master of Finance average salary including bonus (Class of 2025) | €70,000 | Frankfurt School: Master of Finance page |
| Master in Management graduates in a job within 3 months (Class of 2025) | 92%; 96% working in Germany | Frankfurt School: Master in Management page |
| Master of AI & Data Science average salary including bonus (Class of 2025) | €71,000 | Frankfurt School: Master of Artificial Intelligence & Data Science page |
Studying in Germany
Visa rules, work rights and living costs apply to every university in Germany. Our country guide covers them in detail:
Other universities in Germany
- Public
Often chosen for Engineering, Computer Science & IT, Data Science & AI
- Public
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Photo: juhotski, CC BY-SA 3.0 PublicOften chosen for Engineering, Computer Science & IT, Life Sciences
Photo: TU Berlin/Pressestelle/Ulrich Dahl, Copyrighted free use PublicOften chosen for Engineering, Computer Science & IT, Business & Management
Photo: Seeott, CC BY-SA 4.0 PublicLudwig-Maximilians-Universität München (LMU Munich) (official website, opens in a new tab)
Munich, GermanyOften chosen for Life Sciences, Medicine & Health Sciences, Law
Photo: Hermann Luyken, CC0 PublicHeidelberg University (official website, opens in a new tab)
Heidelberg, GermanyOften chosen for Medicine & Health Sciences, Life Sciences
FAQs
How much does a master's at Frankfurt School cost?
For August 2027 entry, the Master in Management, Master of AI & Data Science and Master in Financial Technology cost €35,500 for the whole two-year programme, and the Master of Finance €44,000. Add a €600 enrolment fee and €100 application fee. Early applicants get up to €4,000 off.
Do I need GMAT or GRE?
Yes for the full-time master's, or you can sit Frankfurt School's own admission test once instead. For the MBA, GMAT or GRE is preferred but not mandatory.
Can I apply with a three-year bachelor's degree?
Yes. The master's programmes ask for at least 180 ECTS, which a three-year degree usually meets.
What IELTS score do I need?
IELTS 7.0 (or TOEFL iBT 5.0 on the new scale) for the master's programmes. The test may be waived if your bachelor's was taught in English.
Do graduates find jobs in Germany?
The school reports that 95% of Master of Finance graduates and 92% of Master in Management graduates in the Class of 2025 found jobs within three months, mostly in Germany.
Sources
- Frankfurt School: homepage (opens in a new tab)
- Frankfurt School: master's programmes (opens in a new tab)
- Frankfurt School: Master in Management (opens in a new tab)
- Frankfurt School: Master of Finance (opens in a new tab)
- Frankfurt School: Master of Artificial Intelligence & Data Science (opens in a new tab)
- Frankfurt School: Master in Financial Technology (opens in a new tab)
- Frankfurt School: Full-time MBA (opens in a new tab)
- Frankfurt School: Bachelor in Business Administration (opens in a new tab)
- Frankfurt School: Bachelor in AI & Data Engineering (opens in a new tab)
- Wikipedia: Frankfurt School of Finance & Management (opens in a new tab)
Official website: www.frankfurt-school.de (opens in a new tab)
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