Master of Finance

Master of Science (MSc)

Master of FinanceMSc

The renowned Master of Finance (MSc) at Frankfurt School of Finance & Management combines academic excellence, practical training and a strong network of international industry leaders. Enhance your expertise, gain valuable practical experience and lay the foundation for your career – whether in investment banking, consulting, fintech or beyond. If you aspire to a leadership role in the world of finance, this is the place for you.

Degree

Master of Science (MSc)

120 ECTS

Language

English

 

Duration

Full-time | 4 Semesters

 

Tuition Fee

€42,000

+ €400 enrolment fee, €100 application fee

Application Deadline

30 June 2026

 

Start Date

24 August 2026

 

The renowned Master of Finance (MSc) at Frankfurt School of Finance & Management combines academic excellence, practical training and a strong network of international industry leaders. Enhance your expertise, gain valuable practical experience and lay the foundation for your career – whether in investment banking, consulting, fintech or beyond. If you aspire to a leadership role in the world of finance, this is the place for you.

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FOCUS & FORMAT

Target Group

The programme is aimed at dedicated graduates with a bachelor’s degree and young professionals who wish to start or advance their career in finance. Whether your background is in business administration, engineering or another discipline, the Master of Finance provides you with the knowledge, analytical skills and mindset needed to succeed in the world of finance.

Study Model

3-Day Model: Classes take place on three days per week (two weekdays and one Saturday). This structure allows you to gain practical experience alongside your studies through part-time work or internships.

FOCUS & FORMAT

Target Group

The programme is aimed at dedicated graduates with a bachelor’s degree and young professionals who wish to start or advance their career in finance. Whether your background is in business administration, engineering or another discipline, the Master of Finance provides you with the knowledge, analytical skills and mindset needed to succeed in the world of finance.

Study Model

3-Day Model: Classes take place on three days per week (two weekdays and one Saturday). This structure allows you to gain practical experience alongside your studies through part-time work or internships.

PROGRAMME HIGHLIGHTS

Study, Work & Apply
REQUEST INFORMATION
  1. Innovative 3-Day Model allows students to study full-time and work part-time.
  2. Affiliated with CFA Institute, CAIA and GARP Associations, providing access to professional resources and networks.
  3. Hands-on experience with Bloomberg and FactSet terminals, combined with Python coding, to analyse real-time market data, run analytics and perform trading simulations.
  4. Scholarships available supporting outstanding applicants with strong academic backgrounds.

Application process

Step
01

Apply Online

Submit all required documents through our online portal.
Step
02

Document Review

Our team reviews your documents to see if your profile fits the programme.
Step
03

Interview

Let us get to know your personality better in an online interview.
Step
04

Final Feedback

Receive your admission and scholarship decision via email.

Admission Requirements

To apply for the Master of Finance programme, applicants must meet certain academic requirements. An application fee of €100 applies.
Please note: The Frankfurt School Admission Test (BT Methods) can only be taken once.

  1. First academic degree (Bachelor) of at least 180 ECTS credits, preferably in business administration or economics with a focus on finance or a related quantitative discipline
  2. Excellent written and spoken English (TOEFL 90 iBT, IELTS 7.0 or equivalent)
  3. Valid GMAT/GRE score or Frankfurt School Admission Test (BT Methods)
  4. Successful admissions interview

DISCOUNTS

Early Bird 1

Apply by 30 November 2025
Secure €4,000

Early Bird 2

Apply by 31 March 2026
Secure €2,000

DISCOUNTS

Early Bird 1

Apply by 30 November 2025
Secure €4,000

Early Bird 2

Apply by 31 March 2026
Secure €2,000

Curriculum

The Master of Finance programme offers two starting tracks to match your academic background. The Business Track is ideal for students with prior finance knowledge, while the Finance Immersion Track supports those new to the field with an introduction to finance and business fundamentals. From the second semester onwards, all students follow the same curriculum and choose one of six specialised concentrations.

curriculum chart for master of finance

CONCENTRATIONS

The Master of Finance programme introduces a Capital Markets concentration in response to the significant changes in the modern investment banking sector. This concentration challenges students with advanced quantitative products and complex portfolio management exercises, enhancing their skills in analysing and forecasting market patterns and trends. Students learn to comprehend and devise intricate financial solutions, equipping them to excel in the fast-paced environment of capital markets. The modules provide you with the background needed to perform structuring tasks, asset allocation or other assignments related to capital markets positions. 

This concentration focuses on valuation methods, mergers and acquisitions (M&A), investment banking, and financial intermediation. It equips students with the analytical and practical skills needed to understand and manage the relationship between financial markets and corporations. As financial decision-making becomes increasingly important in today’s corporate world, this concentration prepares students to meet these challenges effectively. Teaching is highly applied, with professors ensuring a strong hands-on approach through case studies and real-world projects. Graduates are well-prepared for roles in banks, investment boutiques and corporate finance departments.

In this concentration, students go beyond the numbers and accounting aspects of financial transactions, such as those in mergers and acquisitions (M&A). They are encouraged to advance further, applying their knowledge in decision-making and financial advisory roles through case studies and projects. These often feature guest speakers from external firms. Additionally, students gain practical experience through an applied advisory project, where they work on a real-world case provided by one of our corporate partners.

This concentration focuses on teaching students how to identify, analyse and manage financial risks. This concentration covers various risk types, including market, credit, operational and liquidity risks, using quantitative methods, financial theory and regulatory frameworks to prepare students for managing risks in financial institutions and corporations.The Master of Finance was the first programme in Germany accredited by GARP and this specific concentration is supported by the Frankfurt Institute for Risk Management and Regulation (FIRM) which supports our students with a number of generous scholarships.

This concentration equips students with the expertise to integrate sustainability into financial analysis and decision-making processes. Participants will develop leadership skills essential for driving a successful sustainability transition within their financial institutions and beyond. The curriculum addresses real-world challenges currently faced by financial institutions in implementing sustainable finance strategies. Additionally, all students enrolled in the Sustainable Finance concentration are eligible to apply for the CHOM CAPITAL Sustainable Impact Diversity Scholarship, which cover up to 25% of tuition fees.

The Central Banking and Financial Regulation concentration educates students on the activities of central banks and their critical role in the global financial system. The concentration provides students with an in-depth understanding of monetary policy, financial stability, banking supervision and modern payment systems. It equips students with the analytical and quantitative skills essential for a successful career in central banks, regulatory institutions and the broader public and private financial sector. In view of this, Frankfurt School’s extensive network in one of Europe’s largest financial centres and the only city worldwide hosting two central banks, offers unique advantages.

LEARNING GOALS

Graduates will acquire comprehensive and in-depth knowledge in finance, encompassing both foundational theories and advanced concepts. They will understand the interplay between various financial instruments, markets and global economic factors, equipping them with the ability to analyse, structure and evaluate complex financial problems. 

Graduates will apply financial theories and models to make strategic decisions in a variety of financial contexts. They will use scientific and quantitative methods to address real-world financial challenges.

Graduates will communicate effectively across academic and applied business contexts. They will work responsibly in teams, aiming for common goals through teamwork and cooperation. 

Graduates will develop a professional identity in finance, respecting diverse personal and cultural backgrounds in an international business environment. They will be mindful of the ethical and societal impacts of their business choices and advice.

RANKINGS

The Master of Finance was the first master’s programme offered by Frankfurt School and remains our largest to this day. The programme is featured in the world’s leading business school rankings, including the Financial Times Pre-experience Masters in Finance Ranking.

#2

in Germany - Master in Finance 2025 Ranking
Masters in Finance 2025 ranking logo

#16

In salary worldwide - Master in Finance 2025 Ranking
Masters in Finance 2025 ranking logo

#32

Worldwide - Master in Finance 2025 Ranking
Masters in Finance 2025 ranking logo

Financing & Scholarships

Frankfurt School offers merit- and need-based scholarships, study loans and payment plans for all Master of Finance students.

Financing your studies

SPECIFIC SCHOLARSHIPS

Frankfurt School offers a range of specialised scholarships designed to support outstanding Master of Finance students. These scholarships recognise academic excellence, diversity and professional ambition. Applicants can apply directly through the online application by completing the scholarship section.

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We partner with the Frankfurt Institute of Risk Management and Regulation (FIRM), which offers generous scholarships covering up to two semesters’ fees. Also, it awards top students with the prestigious Risk Management Award at graduation. 

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The Corporate Governance Diversity Scholarship is aimed at students with an interest in corporate governance and a corresponding thesis, supported by the Corporate Governance Institute.

Frankfurt School's partnership with CHOM CAPITAL GmbH supports you if you are passionate about sustainability. If you focus on Sustainable Finance, you can receive financial support and gain expertise in ESG investing and sustainable financial strategies.

Class Profile
Class profile overview
Intake 2025

23

Average age

36

Number of nationalities
Nationalities by region
Intake 2025

54%

Germany

13%

Europe (excluding Germany)

30%

Asia

3%

Other
Employment statistics overview
Class of 2024

91%

found a job within 3 months of graduation

€77,000

Average annual salary incl. bonus
Industry of work
Class of 2024

40%

Banking

36%

Financial Services (excl Banking)

6%

Consulting

3%

Fintech

3%

Healthcare/ Pharmaceuticals/ Life Sciences

3%

IT/ Technology

3%

Industrial/ Manufacturing/ Energy

6%

Other (Real Estate, Agriculture, Media, FMCG)
Working department / Function
Class of 2024

23%

Investment Banking

12%

Asset & Wealth Management

11%

Mergers & Acquisitions

9%

Business Development & Client Management

9%

Corporate Finance

9%

Capital Markets & Trading

7%

Consulting & Strategy

6%

Risk Management

4%

Audit

3%

Research

3%

Sustainable Finance

1%

Founder

3%

Other (Private Equity, Treasury)

Location of work
Class of 2024

89%

Germany

8%

Europe (excluding Germany)

1%

the Americas

2%

Asia
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PARTNERS

We partner with top financial organisations to offer exclusive resources, certification and career-boosting opportunities to students in the programme.
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Career Services 

Our Career Services team is here to help you launch a successful international finance career—whether you see yourself working in Frankfurt or anywhere around the globe. We offer full support every step of the way, from graduate job placement assistance and personalised career consultations to CV writing and interview preparation. 

About Career Services 

Meet us Online and On-Campus  

We regularly host online and on-campus events to help you explore our Master programmes and ask questions directly. Join a session to find the right programme for your career goals and get a feel for student life at Frankfurt School.  

  

Explore our events

Brochure

Would you like to learn more about the Master of Finance? Simply fill in the form and receive our detailed brochure with all the information about the programme, its structure, and your career opportunities.

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FAQ ABOUT THE MASTER OF FINANCE

Graduates with a Master of Science in Finance can expect strong earning potential right from the start. At Frankfurt School, the average starting salary of our graduates is around EUR 78,000 per year, depending on the role, industry and location. 

The total cost for the two-year programme is €42,000. In addition, there is an application fee (€100) and an enrolment fee (€400).

Yes – if you are aiming for a career in banking, investment, or corporate finance. A Master in Finance provides you with the skills, networks, and perspectives you need to navigate complex markets and to take your career exactly where you want it to go.

The 3-day model means that classes are concentrated into three days. Our students have classes two business days and one Saturday, letting them work part-time while studying full-time.  

The GMAT/GRE or our internal Frankfurt School admission test is a compulsory requirement and cannot be waived. 

Ready to apply?

We look forward to receiving your application via our application portal. Our recruitment team is happy to assist should you have questions.

Apply now

LIANNA MIRZOYAN

Recruitment & Admissions Manager
Send Email
+4969154008-522

Book Appointment
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