Tuition & Deadlines

Application Deadline | Program start April 2021

The final admissions round for the April 2021 intake has passed.
We will release information on the upcoming application and early bird deadlines for the April 2022 intake shortly. Should you have any questions in the meantime, please do not hesitate to contact recruiting[at]
for an individual consultation.

Upon accepting an offer of admission, a deposit of EUR 1,000 is payable, which is deducted from the overall tuition fee indicated above. This deposit is non-refundable.

Tuition fees cover the standard program duration of 4 semesters. Tuition includes semester fees for enrollment at Goethe University as well as the RMV semester ticket - costs for course materials or textbooks are not included.


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

Installment AmountDate
EUR 8,000April 1, 2021
EUR 8,000October 1, 2021
EUR 4,500April 1, 2022

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 award up to 25% of the tuition and are credited towards the third tuition installment. 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.

Applications for FIRM scholarships can be submitted to the GBS Admissions Office either by post or email. Further information can be found in the FIRM Scholarship Key Fact Sheet.

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.


The Master in Finance program at Goethe Business School offered me the opportunity to deepen my financial knowledge whilst pursuing my professional career in banking. In a rapidly changing business environment, managing financial and increasingly non-financial risk is crucial for businesses to succeed. The risk management specialization teaches you how to manage those risks using a unique combination of theory and practical knowledge. With courses taking place in the House of Finance, an excellent faculty as well as students from diverse geographical and professional backgrounds, Goethe Business School provides a perfect setting to study, network and advance your career.

Fabian MenzMaster in Finance Class of 2017
Get in touch!

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