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Ameer Khatri MBA Consultant

Frankfurt School of Finance and Management MiF

July 11, 2023

700+

Avg. GMAT

24

Avg. Age

2+ Yrs.

Avg. Exp.

80-100

Class Size

24

Months Duration

Table of Contents

What is a good GMAT score for the Frankfurt School MiF?

Short Answer – The average GMAT score at Frankfurt School is 700 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after Frankfurt School MiF?

The average salary at Frankfurt School  for the last graduating class was €76,000. 97% of the class was employed with 3 months of graduation with majority of class going into consulting (23%), Finance (28%) and banking (35%) oriented functional roles. 

Frankfurt Master of Finance alumni have secured jobs in a variety of companies and industries since graduating. Take a look at some of their career paths.

Key Employers

97%

Employed within 3 months of graduation

76,000

Avg. Salary

 

35%

Banking

28% 

Finance

23%

Consulting

14% 

others

 

€ 39,000

Tuition Fee

€ 24,000

Living Cost

63,000

Cost of Attendance

Tuition Fees & Scholarship at Frankfurt

The Tuition fees for Frankfurt School MiF is € 39,000 and an additional  € 24,000 in living cost. 

To deliver the highest quality in teaching and research, Frankfurt also require the utmost commitment and dedication from our students. This is the only thing that counts – your current financial situation is not a deciding factor for acceptance into a Frankfurt School programme. 

Important Scholarships

Quick Overview & Rankings

27

FT Rankings

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Ameer khatri Portrait 2

Deadlines

Frankfurt Application Essays

  • Why do you feel Frankfurt School and the Master of Finance programme are the right fit for you?(300 words)
  • What are your career plans/goals and how do you think the Master of Finance can help you achieve them?(300 words)
  • Is there anything that you have not mentioned in your application essays so far that you would like the admissions committee to know?(300 words)

Frankfurt School MiF Recommendation Ques.

  • How long and in what capacity have you known the candidate? (No word limit)
  • If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
  • What do you consider to be the candidate’s principal strengths/talents? (No word limit)
  • What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit)

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about Frankfurt School MiF

  • Certified copy of your undergraduate transcript of records and degree award certificate
  • Certified copy of your TOEFL / IELTS results or equivalent (TOEFL – 90 iBT, IELTS 7.0 or equivalent)
  • Official GMAT score report, GRE score report or FS Admissions Test (no possibility of waiver)
  • CV or resume (must be in English)
  • Other documentation supporting professional experience or other extracurricular activities, if applicable

Each of the documents listed above are required for completing your application. However, you do not need to upload them all at once.

Applications are considered on a rolling basis, therefore we encourage you to apply as early as possible. 

Applications received before the end of November and March will benefit from our early bird discounts of EUR 4000 EUR 2000 respectively. Applicants interested in a scholarship must complete the relevant section within their online application.

Early Bird
(EUR 4,000 discount)*
30 November 2022
Early Bird
(EUR 2,000 discount)*
31 March 2023
Final Application and Scholarship Deadline30 June 2023
Start of programme28 Aug 2023

*You must have received an admission letter by 31 March and 30 June respectively

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Profile Evaluation

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Application Prep

We help guide our clients through the entire application journey

Interview Prep

Need Help with your Interview Prep? We got you covered via mock interviews

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