Frankfurt School of Finance & Management
Quick Snapshot & Key Statistics
| Official Name | Frankfurt School of Finance & Management |
| Institution Type | Private, State-Recognized Business School / Research University |
| Established | 1957 (Originally founded as Bankakademie e.V.) |
| Motto / Identity | Educational Excellence |
| Accreditation & Seals | Triple Crown Accredited (AACSB, EQUIS, AMBA), Wissenschaftsrat, FIBAA System Accredited |
| Main Campus | Adickesallee 32–34, 60322 Frankfurt am Main, Hesse, Germany (Nordend District) |
| Study Centres | Frankfurt (Main Hub), Hamburg, Munich, and international study hubs |
| National Rankings | #1 in Germany in THE Global University Employability Ranking; #1 in Germany for Business Research (UTD Top 100); #2 in Germany for Master of Finance (FT) |
| Medium of Instruction | 100% English (for all international tracks) & Bilingual options |
| Tuition Fees (Undergrad) | ~€7,250 – €8,250 / semester (~€43,500 – €49,500 total over 6–7 semesters) |
| Tuition Fees (Postgrad) | ~€35,500 – €42,000 total (MSc in Management / Finance) | ~€42,000 total (Full-Time MBA) |
About Frankfurt School of Finance & Management
Founded in 1957 as Bankakademie, Frankfurt School of Finance & Management is one of Europe's premier private business schools. It holds elite Triple Crown Accreditation (AACSB, EQUIS, AMBA)—a global distinction held by fewer than 1% of business schools worldwide.
Situated at the heart of Frankfurt am Main—Europe's financial capital and home to the European Central Bank (ECB), Deutsche Bundesbank, and Germany's major banking institutes—Frankfurt School operates as an academic hub for quantitative finance, corporate banking, asset management, data analytics, and corporate strategy. The university is renowned for its 3-Day Model (allowing full-time students to work part-time in finance/consulting firms), high-impact academic research, and close corporate linkages across the DACH financial sector.
Campus Location & Infrastructure
Frankfurt School operates out of a high-tech campus in central Frankfurt am Main:
- Address: Adickesallee 32–34, 60322 Frankfurt am Main, Hesse, Germany.
- Campus Facilities: Architectural design featuring digital trading floors (Bloomberg terminals), executive conference centres, AI research suites, modern library halls, outdoor courtyards, and dedicated incubator spaces.
Admission Requirements
Admissions at Frankfurt School are holistic and selective, evaluating quantitative logic, academic performance, communication skills, and personal motivation.
1. Undergraduate (Bachelor of Science - B.Sc.) Requirements
- Secondary School Certificate: Recognised secondary leaving diploma (e.g., German Abitur, IB Diploma, A-Levels, US High School Diploma, or 12th Grade Mark Sheets with strong quantitative scores).
- Academic Transcripts: Certified mark sheets covering the final 2–3 secondary school years.
- Standardised Testing / Admissions Test: Submission of SAT / ACT scores OR successful completion of the internal Frankfurt School Assessment Test (evaluating numerical logic, cognitive skills, and English writing).
- Admissions Interview: Personal interview evaluating analytical skills, communication, and interest in business/finance.
- CV & Statement of Purpose (SOP).
2. Postgraduate (Master of Science - M.Sc.) Requirements
- Bachelor's Degree: Completed undergraduate degree (180 ECTS minimum or international equivalent) in Business, Economics, Finance, Mathematics, Data Science, or related quantitative fields from an accredited institution.
- GMAT / GRE / FS Admissions Test: Valid GMAT Focus Edition, GRE score, OR completion of the internal Frankfurt School Admission Test (BT Methods).
- Admissions Interview: Personal or online assessment interview with an admissions manager.
- Curriculum Vitae & Letters of Recommendation.
3. Master of Business Administration (Full-Time MBA) Requirements
- Bachelor's Degree: Recognised undergraduate degree in any academic discipline.
- Professional Work Experience: Minimum 3 years of post-graduation full-time work experience.
- Admissions Test: GMAT Focus Edition, GRE, or internal FS MBA Test (Waivers available for PhD holders, CFA Level II passers, or top 5% graduates of top 400 QS universities).
- Selection Interview & References.
Popular Academic Programs
Undergraduate Programs (Bachelor of Science — 3.5 Years / 210 ECTS)
- B.Sc. in Business Administration: Features specialisations in: Finance & Banking, International Management, Computational Business Analytics, Audit & Tax, and Digital Business & Innovation.
- B.Sc. in Computational Business Analytics
Postgraduate Programs (Master of Science & MBA — 1 to 2 Years)
- Master of Finance (M.Sc.)
- Master in Management (M.Sc.)
- Master in Applied Data Science (M.Sc.)
- Master in Sustainable Finance (M.Sc.)
- Full-Time MBA
Language Requirements
All international degree programs at Frankfurt School are delivered 100% in English.
English Language Proficiency Cutoffs
| Exam / Qualification | Undergraduate (B.Sc.) Minimum | Postgraduate (M.Sc. & MBA) Minimum |
|---|---|---|
| IELTS Academic | Overall 6.5 (min 6.0 in all sub-scores) | Overall 7.0 (min 6.5 in all sub-scores) |
| TOEFL iBT | Minimum 90 points | Minimum 100 points |
| Duolingo English Test | 115 points | 125 points |
| PTE Academic | 65 points | 68 points |
- English Waiver: Applicants who completed their secondary education or Bachelor's degree 100% in English in an English-speaking country (or present an official Medium of Instruction [MOI] certificate) are exempt from submitting language test scores.
Fee Structure & Estimated Living Expenses
1. Program Tuition & Administrative Fees
| Program Level | Standard Duration | Tuition Fee |
|---|---|---|
| Bachelor of Science (B.Sc.) | 3.5 Years (7 Semesters) | ~€7,250 – €8,250 / semester (~€43,500 – €49,500 total) |
| Master in Management (M.Sc.) | 2 Years (4 Semesters) | ~€35,500 total (+ €400 enrollment / €100 application) |
| Master of Finance (M.Sc.) | 2 Years (4 Semesters) | ~€42,000 total (+ €400 enrollment / €100 application) |
| Full-Time MBA | 1 Year (12 Months) | ~€42,000 total (+ €400 enrollment fee) |
Early-Bird Discounts & Financial Aid
- Early-Bird Discounts: Frankfurt School offers early application discounts ranging from €2,500 to €6,000 off total tuition for candidates submitting early applications.
- FS Merit Scholarships: Cover 15% to 50% of total tuition based on academic performance, GMAT/GRE scores, and background.
- Deutschlandstipendium: Awards €300 per month in non-repayable national grants for top-performing students.
2. Estimated Monthly Living Expenses (Frankfurt am Main)
Non-EU international students must account for living costs backed by Germany's Blocked Account (Sperrkonto) requirement:
- Official Blocked Account Amount: €11,904 per year (~€992 per month).
- Average Monthly Budget in Frankfurt: €1,200 – €1,550 per month.
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Frequently Asked Questions (FAQs)
The 3-Day Model is an academic schedule designed for full-time degree programs such as the M.Sc. in Finance and B.Sc. tracks. On-campus lectures are concentrated into three fixed days per week (e.g., Thursday, Friday, and Saturday). This leaves three full business days (Monday to Wednesday) open for students to work in paid corporate Werkstudent positions or internships at financial institutions across Frankfurt.
For applicants who do not hold a GMAT or GRE score, Frankfurt School provides its own computer-based entrance assessment—the Frankfurt School Admission Test (BT Methods). The test evaluates quantitative problem-solving, numerical logic, data analysis, and abstract reasoning skills, and can be taken online or on campus.
The FS-UNEP Collaborating Centre is a joint initiative between Frankfurt School and the United Nations Environment Programme (UNEP). It acts as a global research and advisory institute embedded on campus, leading projects in climate finance, renewable energy investment, and sustainable banking across emerging markets.
The FS Entrepreneurship Centre operates the FS Accelerator, an internal startup incubator. It provides promising student ventures, fintech startups, and spin-offs with seed funding, co-working space on campus, legal advice, and direct exposure to Frankfurt-based venture capital funds and angel investors.
According to the UTD (University of Texas at Dallas) Top 100 Business School Research Rankings, Frankfurt School ranks #1 in Germany based on peer-reviewed academic publications in top-tier global business, finance, and management journals.
FS MUN is one of Frankfurt School's flagship student initiatives. Members undergo rigorous training in international law, diplomacy, and debate, representing Frankfurt School annually at major global Model UN conferences in New York, Harvard, and Geneva.
The FS AI Lab (AI & Digital Science Lab) conducts research at the intersection of AI, quantitative finance, and machine learning. Students in data science and analytics tracks gain access to high-performance computing clusters and real-world datasets provided by corporate tech partners.
Over 80% of Master of Finance and Master in Management graduates secure roles prior to or within three months of graduation. Primary recruitment sectors include Investment Banking & M&A (39%), Strategy Consulting (17%), Asset & Wealth Management (10%), and FinTech/Tech (9%).
The Frankfurt School Centre for Corporate Governance focuses on board leadership, executive compensation ethics, and regulatory compliance. It sponsors specialised student research, publishes corporate governance indexes, and awards dedicated scholarships to top Master's thesis projects.
Frankfurt School maintains dual-degree exchange agreements with elite global institutions such as Columbia University, Emory University, and EDHEC Business School. Students spend their final study terms at a partner institution and earn two distinct Master's or Bachelor's degrees upon graduation.
FS Women in Business is an active campus organisation dedicated to empowering female leaders in finance, tech, and consulting. It hosts leadership roundtables, executive speed-mentoring sessions with female C-level directors, and awards dedicated Women in Business Scholarships.
Co-organised by students and faculty, Campus for Finance is one of Europe's most prestigious student-led finance conferences. Held annually, it attracts top financial leaders, central bankers, CEOs, and academics for keynotes, panel discussions, and career workshops.
Frankfurt School operates its own modern on-campus student dormitories (FS Boarding House) directly adjacent to the main academic building. The accommodation office also holds reserved room quotas in private student residence halls across Frankfurt for incoming international students.
Through system accreditation under the European Credit Transfer and Accumulation System (ECTS), Frankfurt School's examination board conducts equivalency audits. Transfer students can submit prior university course syllabi and transcripts to receive credit waivers for equivalent business, economics, or quantitative modules.
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Photo credits: European Central Bank & Frankfurt skyline by DXR, CC BY-SA 4.0; Frankfurt Stock Exchange illuminated (Luminale) by Norbert Nagel, CC BY-SA 3.0. Via Wikimedia Commons. All image credits
