Admissions Process

Your Qualifications

Students with an undergraduate degree (i.e., bachelor or equivalent) with a minimum of 180 credit points based on the European Credit Transfer System (ECTS) are eligible for admission.  In order to earn a master’s degree, students must acquire an aggregate of 300 credit points.  All students with less than 210 credit points at the undergraduate level will have their post-university professional work experience assessed for up to 30 credits points 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.

Proof of relevant finance-related post-undergraduate work experience may be submitted via a performance review, reference letter, or written confirmation from your employer.  Experience acquired during a dual study program will not be considered.

Quantitative proficiency will be assessed based on quantitative coursework completed during previous studies as well as based on professional qualifications (e.g., CFA, WP, CPA, etc.) earned.  Applicants will be asked to take an online mathematics test if the admissions team is unable to assess quantitative skills. The mathematics test is free of charge.

The language of instruction is English.  Applicants are required to submit proof of English-proficiency at the B2-level in accordance to the Common European Framework of Reference (CEFR).  Applicants may submit results from the TOEFL, IELTS or Cambridge examinations.  Applicants who

  1. are native English-language speakers, or
  2. have completed university studies in a program taught entirely in English, or
  3. have lived in an English-speaking country for at least one year

may request a waiver to the English-language requirement.  An interview with a native English-speaker may be required.

In case of a missing English language certificate, applicants need to prove that they have registred for a language test. The certificate of the successfull completion of the language test needs to be submitted to the Admissions Office prior to the subsequent application Deadline. This entitles applicants to receive the initial Early Bird Discount. Certificates delivered after February 15, will not be considered.

If you are an applicant coming from a country outside the European Union, please note that you will need to apply for 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 it should be possible to study.  

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 following website of the German Academic Exchange Service: www.daad.de/en.

Admissions Process in Three Steps

You would like to apply? Via our Online Application Portal you can submit your documents directly to the GBS Office of Admissions. 

Only applicants whose complete application documents have been received by the GBS Office of Admissions before 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!

Step 1: Individual counseling

 

Step 2: Collect application documents

 

Step 3: Apply now

Register for one of our information sessions online or on campus.
Or contact our Recruiting & Admissions Team for an individual consultation via telephone, zoom, or in person on our campus Westend.
You can make an appointment per phone at +49 69 798 33501 or send us an email to recruiting[at]gbs.uni-frankfurt.de.

Personal counseling includes answering all of your questions about the program as well as reviewing your CV with feedback on your profile and eligibility.
We also offer to look at your application portfolio with you and give you tips and feedback on your application.

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-graduate 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)
  • Proof of quantitative skills
  • Official diploma, university transcript and diploma supplement (if available) - 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

The receipt of your application documents will be confirmed via email.

Your application documents will be reviewed by the GBS. In addition to the fulfillment of the formal admission requirements, additional individual competencies and qualifications are also assessed. Suitable candidates will receive an invitation to a personal interview. The interview will be held in English and will take place on Campus Westend of Goethe University. 

The appointment confirmation for the interview will include a test that will allow you to review your prior mathematical knowledge. The test should be done before the interview. "Mathematics Test Yourself" deals with mathematics 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. However, the interview will discuss your overall experience with the test or underlying mathematical requirements.

Following the interview, the GBS admissions committee decides on admission to the study program on the basis of the submitted application documents and the results of the personal interview. Applicants will be informed about the admission decision of the committee within four weeks.

Accepted applicants will then 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
Get in touch!

Learn first-hand about the Master in Finance program and meet program administrators and faculty.