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700+
Avg. GMAT
24
Avg. Age
2+ Yrs.
Avg. Exp.
80-100
Class Size
24
Months Duration
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.
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.
Employed within 3 months of graduation
Avg. Salary
35%
Banking
28%
Finance
23%
Consulting
14%
others
€ 39,000
Tuition Fee
+
€ 24,000
Living Cost
Cost of Attendance
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.
27
FT Rankings
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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.
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 Deadline | 30 June 2023 |
| Start of programme | 28 Aug 2023 |
*You must have received an admission letter by 31 March and 30 June respectively
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We help guide our clients through the entire application journey
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