Tuition & Deadlines

Application Deadlines | Program start April 2022

Deadline Early-Bird-Discount Tuition
October 4, 2021 EUR 3,000 EUR 18,500
December 6, 2021 EUR 1,500 EUR 20,000
January 24, 2022 EUR 21,500

The tuition fees for the Master in Finance program are EUR 21.500. Tuition covers semester fees for four semesters of study at Goethe University, and includes the RMV public transportation semester ticket. Costs for course materials and textbooks are not included.

Upon accepting of an offer of admissions, a non-refundable deposit of EUR1.000 is payable, which is deducted from the overall tuition fee. Tuition is payable in three installments before semester 1, semester 2 and semester 3.


Tuition is payable in the following installments. Discounts are deducted from the last installment.

Installment AmountDate
EUR 8,000April 1, 2022
EUR 8,000October 1, 2022
EUR 4,500April 1, 2023

FIRM Scholarships

Students enrolling in the Master in Finance program who have opted for the specialization in "Risk Management & Regulation" can apply for FIRM-sponsored fellowships.

The Frankfurt Institute for Risk Management and Regulation (FIRM) is managed by the Society for Risk Management and Regulation e. V. Founded in 2009, FIRM promotes high-quality research and teaching in the fields of risk management and regulation in Frankfurt. FIRM Scholarships may award up to 25% of the tuition. In addition, FIRM alumni join the FIRM alumni network, not only enabling them to get connected but also offering access to benefits such as invitations to special events such as the annual FIRM Research Conference and alumni meetings.

Financing your studies

If a part-time study program is preceded by a completed first degree course, the costs of this can be deducted in full from the tax as income-related expenses.

For those privately financing their studies, a student loan may be of interest. Information regarding loans for working professionals or other state funding options can be found here.


I am grateful for the opportunity to study in an academically recognized master program, while pursuing my career as consultant at the same time. What makes the Master in Finance program at GBS unique are inspiring professors, visiting lectures held by well-known finance experts as well as other exceptional minds contributing to promoting the multiple facets of Finance. An enjoyable learning environment is not only given by outstanding facilities on the most beautiful campus, but also by the strong solidarity within our course and the trustworthy relation to the faculty members, which ensures a familiar setting. The program requires high effort, but the outcome is remarkable – not only from a career perspective but also in terms of personal growth.

Antonia GeburzkyChange Analyst, Class of 2021
Get in touch!

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