640
GMAT Score
0 – 3
Avg. Work Experience
€39K
Avg. Cost of Study
4
Semester Duration
€68K
Avg. Salary
Introduction to MiM at Frankfurt School
The Master in Management (MiM) program at Frankfurt School of Finance and Management is a rigorous and highly effective option for educating future executives. It is one of the premier MiM programs in Germany and offers students a unique opportunity to learn from world-class faculty and gain the skills and knowledge they need to succeed in the global business world.
The MiM program is designed to prepare students for a variety of management careers in a wide range of industries. It is known for its innovative and practical teaching approach. Students learn through a combination of lectures, case studies, and hands-on projects. The program also features a three-day study model, which allows students to work part-time while studying.
Another key feature of the MiM program is its international focus. Students come from all over the world to study at Frankfurt School, and the program has a strong emphasis on developing global business leaders.
Students have the opportunity to participate in international exchange programs and internships, and they also have access to Frankfurt School’s extensive alumni network of business leaders and entrepreneurs.
Program Highlights
- Innovative and practical teaching approach
- 3-day study model, allowing part-time employment
- Practical problem-solving exercises, analysis, and application
- International Alumni network of business leaders and entrepreneurs
- Entrepreneurship Accelerator and Incubator for personalized mentoring
- Partnerships with leading global corporates in finance, tech and consultancy
- Access to innovation, sustainability, and international start-ups
- Specializations in Finance, Entrepreneurship, Consulting, and Innovation and Sustainability
- 120 ECTS
Why Study MiM at Frankfurt School?
37
FT Rankings
45
QS Top MiM
Frankfurt School of Finance and Management is one of Europe’s leading business schools, and its MiM program is one of the best in the region. The program is designed to prepare students for a variety of management careers in a wide range of industries, and it offers several unique advantages, including:
- Rigorous and comprehensive curriculum: The MiM curriculum is based on a strong foundation in business fundamentals, such as accounting, finance, marketing, and operations management.
- Innovative and practical teaching approach: Students learn through a combination of lectures, case studies, and hands-on projects. The program also features a three-day study model, which allows students to work part-time while studying.
- International focus: Students come from all over the world to study at Frankfurt School, and the program has a strong emphasis on developing global business leaders. Students have the opportunity to participate in international exchange programs and internships, and they also have access to Frankfurt School’s extensive alumni network of business leaders and entrepreneurs.
- Entrepreneurship opportunities: Frankfurt School is known for its strong focus on entrepreneurship. The MiM program includes several entrepreneurship courses and workshops, and students have the opportunity to participate in the school’s Entrepreneurship Accelerator and Incubator programs.
- Partnerships with leading global corporates: Frankfurt School has partnerships with several leading global corporations in finance, tech, and consultancy. This gives students access to exclusive internship and job opportunities, as well as the opportunity to learn from industry experts.
In addition to these advantages, Frankfurt School is located in the heart of Frankfurt, Germany, which is a major financial and business center. This gives students access to a wide range of networking opportunities and job prospects.
Overall, the MiM program at the Frankfurt School of Finance and Management is an excellent choice for students who are interested in pursuing a career in business management. The program offers a rigorous and comprehensive curriculum, as well as a unique opportunity to learn from world-class faculty and gain the skills and knowledge needed to succeed in the global business world.
Program Costs + Living Expenses : MiM at Frankfurt School
€35,500
Cost of Tuition
+
€3,600
Avg. Living Expenses/Quarter
Avg. Cost of Study
Tuition Fee
EUR 35,500
Living Expenses
The average monthly living expenses for a single person in Frankfurt are around EUR 1,200. This includes the cost of rent, food, transportation, and other essential expenses. However, your actual living expenses may vary depending on your lifestyle and spending habits.
Total Cost
The total cost of the Master in Management program at Frankfurt School of Finance and Management is EUR 47,500, which includes tuition fees and living expenses for one year.
Please note that this is just an estimate and your actual costs may vary depending on your individual circumstances.
Employment Prospects : MiM at Frankfurt School
Employed within 3 months of graduation
Avg. Salary
Most Sought-after Jobs
Management & Strategy Consulting
Financial Services
Sales & Marketing
Project Management
Operations
Technology
Analytics
The employment prospects for MiM graduates from the Frankfurt School of Finance and Management are excellent. 88% of MiM students find a full-time position within 3 months of graduation, and the average starting salary is EUR 68,100 (excluding trainees and interns).
MiM graduates from Frankfurt School are highly sought-after by employers in a variety of industries, including:
- Consulting
- Banking and Finance
- Technology
- Management consulting
- Strategy consulting
- Investment banking, etc.
Frankfurt School is known for its strong alumni network, which includes many business leaders and entrepreneurs. This network gives graduates access to exclusive job opportunities and valuable mentorship.
Here are some of the top companies that hire MiM graduates from Frankfurt School:
- Deutsche Bank
- Goldman Sachs
- McKinsey & Company
- Bain & Company
- Roland Berger
- Strategy&
- L.E.K. Consulting
- Alvarez & Marsal, etc.
If you are interested in pursuing a career in business management, the Master in Management program at Frankfurt School of Finance and Management is an excellent choice.
The program offers a rigorous and comprehensive curriculum, as well as a unique opportunity to learn from world-class faculty and gain the skills and knowledge needed to succeed in the global business world.
Eligibility Criteria : MiM at Frankfurt School
- First academic degree (Bachelor or Diploma) of at least 180 ECTS credits
- Excellent written and spoken English (TOEFL – 90 iBT, IELTS 7.0 or equivalent)
- Valid GMAT/GRE score or Frankfurt School Admission Test (BT Methods)*
- Successful admissions interview
*Please note: the Frankfurt School Admission Test (BT Methods) can be taken only once.
Documents required : MiM at Frankfurt School
- 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 is required for completing your application. However, you do not need to upload them all at once.
Application Deadlines - MiM at Frankfurt School
Applications are considered on a rolling basis, therefore applying at the earliest is recommended. Applications received before the end of November and March will benefit from our early bird discounts of EUR 4,000 and EUR 2,000 respectively. Applicants interested in a scholarship must complete the relevant section within their online application.
| Early Bird 1 (EUR 4,000 discount)* | 30 Nov 2023 |
| Early Bird 2 (EUR 2,000 discount)** | 31 Mar 2024 |
| Final Application and Scholarship Deadline | 30 Jun 2024 |
| Start of programme | 26 August 2024 |
*To secure the Early Bird 1 discount you must have received an admission letter by the 31 March
**To secure the Early Bird 2 discount you must have received an admission letter by 30 June
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Scholarships Available : MiM at Frankfurt School
Scholarships for excellent students
The scholarship program aims to provide outstanding candidates with an opportunity to study irrespective of their financial circumstances.
Scholarships have the advantage over student loans and funds in that the funding you receive does not have to be paid back.
FS Master’s Scholarships
The master’s scholarship program aims to provide especially talented candidates with an opportunity to study irrespective of their financial circumstances.
Selection criteria include candidates’ academic results (grade of first degree), admission test score (e.g. GMAT), performance in the Frankfurt School selection procedure, and candidates’ personal achievements and needs (extracurricular activities, social commitment, intercultural skills, international experience and, if relevant, professional experience and internships). Scholarships cover a partial amount of tuition.
Scholarship Application Process
To be considered for a scholarship, applicants have to answer a question in the scholarship section of the online application form. Scholarship applications sent after the application will not be considered. Completed applications for all of Frankfurt’s pre-experience master’s programs (start date: 28 August 2023) must be submitted by 30 June 2023. Incomplete applications or applications received after this date cannot be considered for a scholarship. Frankfurt School awards master scholarships continuously throughout the admission process on a first come first serve basis.
The Scholarship Committee will review the scholarship candidates once the application is completed and the applicant is admitted. The Scholarship Committee’s decision is final and candidates have no legal entitlement to a scholarship.
Bachelor & Master of Science Diversity scholarship program
Frankfurt School is pleased to announce a new merit-based scholarship program to ensure that talented students from a diverse range of backgrounds can focus on their future without worrying about their finances.
The diversity scholarship program promotes diversity in terms of race, academic background, gender, and ability and successful applicants will receive a reduction in tuition fees. If you feel that you meet one of the following criteria, you can apply for this scholarship:
MSc Diversity Scholarships
The MSc Diversity Scholarships cover a partial amount of the tuition fee for the Master of Finance, Master in Financial Management, Master in Management, and Master in Applied Data Science programs.
Entrepreneurship Scholarship
For motivated students with a proven entrepreneurial streak that has shown global outreach.
Global Development Scholarship
For students from developing economies who have shown excellent academic performance. This scholarship is specifically but not exclusively for students from Southeast Asia, Latin America, Eastern Europe, and Africa.
Global Diversity Scholarship
For students who bring diversity to the classroom in terms of background or previous experience.
Social Engagement Scholarship
For students who have shown a strong interest in leading extracurricular social activities.
Sports Scholarship
For students who have demonstrated an outstanding sporting ability.
STEM Scholarship
For students with a proven motivation in science, technology, engineering, or mathematics.
Women in Business Scholarship
For female students who have demonstrated potential professionally or personally in the field of business.
Sustainability Scholarship
For students who have a proven interest in sustainability topics.
For details about how to apply and the conditions applicable, you may visit the official website of the Frankfurt School of Finance and Management.
The following scholarships are also available to the MiM applicants:
Specializations & Electives Offered
The Master in Management (MiM) program at Frankfurt School of Finance and Management offers four specializations:
- Global Strategy: This specialization focuses on developing the skills and knowledge needed to develop and implement global strategies. Students will learn how to analyze global markets, develop competitive strategies, and manage global operations.
- Strategic Communication and Leadership: This specialization focuses on developing the skills and knowledge needed to be an effective leader and communicator. Students will learn how to develop and implement communication strategies, manage teams, and lead change.
- Digital Business, Technology & Operations: This specialization focuses on developing the skills and knowledge needed to manage digital businesses and operations. Students will learn about digital technologies, data analytics, and process improvement.
- Data & Business Analytics: This specialization focuses on developing the skills and knowledge needed to collect, analyze, and interpret data to make business decisions. Students will learn about data mining, machine learning, and statistical analysis.
In addition to these specializations, students can also choose from a wide range of electives in semester 4. This allows students to tailor their studies to their individual interests and professional goals.
Kindly visit the official website for more information on the specializations and electives offered within the MiM program at FSFM.
FAQs About MiM at Frankfurt School
What are the funding options available for the MiM program?
Frankfurt School offers a variety of funding options for the MiM program, including scholarships, loans, and grants. Students are encouraged to apply for all available funding opportunities.
What are some of the challenges of studying the MiM program at Frankfurt School?
The MiM program at Frankfurt School is a challenging program, but it is also very rewarding. Students can expect to work hard and be challenged academically. However, the program’s strong focus on practical skills and experience will help students to be successful in their future careers.
What is the average GMAT score for MiM applicants at Frankfurt School?
The average GMAT score for MiM applicants at Frankfurt School is 640. However, the admissions committee considers a variety of factors when making admissions decisions, including GMAT scores, work experience, academic record, and personal statement.
How much work experience is required for MiM applicants at Frankfurt School?
Frankfurt does not provide any data on work experience requirements from MiM applicants. However, on average such applicants have at least 3 years of work experience.
What is the student culture like at Frankfurt School?
The student culture at Frankfurt School is diverse and inclusive. Students come from all over the world to study at Frankfurt School, and the school has a strong focus on internationalization. The student body is also very active and engaged, with a variety of student clubs and organizations.
