Master in Finance

ADMISSIONS

Your Qualifications

Candidates with an undergraduate degree (i.e., bachelor or equivalent) of 210 credit points (CP) based on the European Credit Transfer System (ECTS) are eligible for admission. Candidates with less than 210 CP at the undergraduate level can have their post-university professional work experience assessed for up to 30 CP during the admissions process in the form of an interview. The allocation of credit points for work experience will appear on the Academic Transcript of Records and will be titled ‘Prior Learning Assessment’.

To earn a German master degree, students must accumulate a minimum of 300 CP. With the successful completion of the Master in Finance program, a total of 90 CP can be earned. Based on this, candidates with a collective total of less than 210 CP upon admission cannot be accepted to our programs.

Proof of relevant, finance-related post-undergraduate work experience of at least one year is to be submitted, e.g. via the letter of professional recommendation, the resume as well as the confirmation of employment.

Any pre-degree work experience, for example work experience acquired during a dual study program or during an internship, will not be considered towards recognition of the post-undergraduate work experience.

Quantitative proficiency will be assessed based on quantitative coursework completed during previous academic studies. In addition, any professional qualifications earned (e.g., CFA, WP, CPA, etc.) may be used for the assessment of quantitative preparedness.

In case, upon assessment of the application portfolio, additional evidence of quantitative proficiency is required, the applicant may be asked to take on online mathematics test and submit the test certificate to the GBS Office of Admissions via email. The mathematics test is free of charge.

Applicants are required to submit a recent proof of English language proficiency at the higher B2-level in accordance with the Common European Framework of Reference (CEFR). The GBS Office of Admissions will accept test results of the following tests, taken no longer than two years‘ ago upon the date of submission:

  • TOEFL iBT®
  • TOEFL iBT® Home Edition
  • IELTS
  • Cambridge Certificate of Proficiency in English

Applicants may request for a waiver of proof of proficiency in English in case one of the following conditions applies:

  • The applicant is a native speaker of English;
  • The applicant has completed undergraduate or master-level studies in a program taught entirely in English;
  • The applicant has lived in an English-speaking country for at least one year.

In case the applicant has not taken any of the above tests at the time of submitting the application, the applicant can upload a confirmation of the test registration to the online admissions portal. The official test certificate needs to be submitted via post to the GBS Office of Admissions prior to the subsequent application deadline. This will ensure that the applicant will still qualify for the respective tuition fee discount. Applicants who have registered for the TOEFL-iBT ® test or the TOEFL-iBT ® Home Edition test, can ensure that their test result will be sent automatically to Goethe Business School by indicating our institutional code of 3567 upon test registration.

Certificates submitted after February 15, 2022 can no longer be considered.

If you are an applicant coming from a country outside the European Union, please note that you will require a student visa to study in Germany. The German authorities will however not issue a student visa for part-time programs in Germany. Therefore, if you are able to relocate to Germany on a different type of visa other than a student visa, then you may be eligible to study with us.

If you wish to obtain a student visa, you will have to look into full-time programs in Germany. A good starting point may be the website of the German Academic Exchange Service.

ADMISSIONS IN THREE STEPS

Ready to apply? Via our Online Application Portal you can submit your documents directly to the GBS Office of Admissions. Only applicants who submit a complete application in time for the application deadline will be considered for the admissions process and the respective Early-Bird discount. For questions get in touch with our Office of Admissions well in advance under admissions[at]gbs.uni-frankfurt.de.

We are currently accepting applications for our April 2022 intake! Applications are accepted on a rolling basis until the final deadline of January 24, 2022.

 

Register for one of our information sessions or contact our Recruiting & Admissions Team for an individual consultation via telephone, zoom, or in person on our campus Westend. We’re happy to answer all of your questions about the program, or offer an assessment of your CV with feedback on your profile and eligibility – completely non-binding.

You can make an appointment per phone at +49 69 798 33501 or send us an email to recruiting[at]gbs.uni-frankfurt.de.

A complete application package includes the following documents:

  • Current curriculum vitae
  • Professional Recommendation Form (completed digitally by employer)
  • Evidence of a minimum of one year post-undergraduate work experience in an applicable finance-related field (e.g. employment certificate, job description of the employer)
  • Letter of motivation (in English)
  • Proof of English-language proficiency at (CEFR) B2-level (min. TOEFL-iBT score is 72; min. IELTS is 5.0). For TOEFL please indicate the school code 3567 for us to receive your score report digitally.
  • Proof of quantitative skills
  • Official diploma, university transcript and diploma supplement (if available) plus official translations into English or German. Only notarized copies will be accepted and must be submitted personally or via registered mail to

    Goethe Business School
    Office of Admissions
    Eschersheimer Landstraße 121
    60322 Frankfurt am Main

    We will confirm receipt of the notarized copies via email.

Once you have submitted your application documents via the GBS Online Application Portal, your application documents will be reviewed by GBS. Further to the fulfillment of our formal admission requirements, additional individual competencies and qualifications are also assessed.

Subsequent to the submission of your application, GBS will send you a test that will allow you to review your prior mathematical knowledge. The "Mathematics Test Yourself" deals with mathematical skills at the level of the last year of secondary education (analysis, algebra and financial mathematics). The purpose of this test is to give you a self-assessment as to whether you are sufficiently prepared for the quantitative requirements of the program. The results of the test will not be made available to GBS and will not be included in the approval process.

The GBS admissions committee decides on admission to the Master in Finance program on the basis of the submitted application documents. Applicants will be informed about the admission decision of the committee within four weeks.

Accepted applicants will have the opportunity to accept or reject their study offer, or defer their admission to a later date, within seven working days of receiving their offer.

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At GBS, the process of admissions does not need to be complicated! Our approach at the Office of Admissions is to provide a high level of personal support to qualified, motivated and well-prepared applicants. In this process, we get to know our successful applicants and work together to ensure a successful start to the academic journey ahead.

Elisabeth TakkenbergSenior Manager Recruiting & Admissions, Goethe Business School

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