Our Master in Management programme offers innovative core modules combined with cutting edge concentrations to instill key managerial and business development competencies to prepare digitally savvy analysts, ethical entrepreneurs, innovative managers and global business leaders.
Choose your language
Master in Management
Degree
Master of Science (MSc)
Language
EN
Tuition Fee
32,500
Euro
Application deadline
30
June
Programme Start
23
August
Duration
4
Semester | full-time
Programme Highlights
Gain in-demand competencies through Frankfurt School’s innovative and practical teaching approach:
- 3-day study model, allowing part-time employment
- Practical problem-solving exercises, analysis and application
- International Alumni network of business leaders and entrepreneurs
- Partnerships with leading global corporates in finance, tech and consultancy
- Access to innovation, sustainability and international start-ups
- Specialise your programme with one of our 4 concentrations
- 120 ECTS
Requirements
- First university degree (Bachelor or Diploma) of at least 180 ECTS credits, irrelevant of discipline
- Excellent written and spoken English (TOEFL - 90 iBT, 577 ITP / IELTS 7.0 or equivalent)
- Valid GMAT/GRE score or Frankfurt School Admission Test/BT Methods Test
- Successful admissions interview
Deadlines & Discounts
We encourage you to complete your application as soon as possible as there are financial advantages for candidates who submit a complete application early.
| Early Bird (4,000 Euro discount)* |
30 Nov 2020 |
| Early Bird (2,000 Euro discount)** |
31 Mar 2021 |
| Final Application and Scholarship Deadline | 30 Jun 2021 |
*In order to secure the discount you must have received an admission letter by 31 March
**In order to secure the discount you must have received an admission letter by 30 June
Learning Goals
LG1: Expert Knowledge and Understanding of Management Theories and Concepts, Processes and International Best Practices
Graduates will have an in-depth knowledge and a critical understanding of management theories, concepts, processes and international best practices. They will be able to analyse, structure and evaluate complex management-related problems in business contexts.
LG2: Problem Solving by Applying Analytical Techniques
Graduates will critically engage with complex management concepts, theories and sources to generate insights by applying scientific methods to improve processes related to business. They will extract research objectives, apply research methods, describe results and explain outcomes.
LG3: Effective Communication and Cooperation
Graduates will be effective communicators in interdisciplinary fields of research and practical business contexts. They will be responsible team members and reach common goals by effectively cooperating in a team. They will recognize potential conflicts in cooperation with others and reflect on them in the context of situation-overlapping conditions.
LG4: Professional and Responsible Behaviour
Graduates will be prepared to be competent professionals in international business environment and research institutions. They will base their professional activities on in-depth theoretical and methodological knowledge, and will have an understanding of ethical responsibility in management and decision-making processes.
Master Info Evening
Learn more about our Master programmes at one of our Master's Info Evenings! Benefit from personal conversations with our students and programme directors and find out which programme could help you excel in your career.
Where can you meet us?
We also offer several other ways to get in touch with us such as class visits, fairs outside of Frankfurt and personal consultations. Please visit our page to find out more!
Rankings and Accreditations
The Master in Management was ranked top 5 in Germany and #4 for salary in the Financial Times Global Master in Management 2020 Ranking. We also placed #34 worldwide and #3 for careers.
Frankfurt School is one of the best European Business Schools. Accredited by AACSB, EQUIS and AMBA, the three leading international associations of business schools, Frankfurt School is one of the few institutions worldwide, which has been awarded the so-called "Triple Crown".
Curriculum
The Master in Management programme curriculum consists of core modules, cutting edge specializations combined with practical exposure through internships and career opportunities, and engagement in company or consultancy projects through Frankfurt School’s global professional network.
Semester 1
Leadership
Leadership
This module teaches our students to boost the performance of any organisation by providing them with key ideas and models of human resources management. Working in small teams enables our students to put theory into practice when identifying and solving problems. You will explore strategies that are associated with building, developing and motivating workforce, whilst developing theories to improve employment relationships for all parties involved.
Lecturer
Strategic Management
Strategic Management
Strategy is about why some firms are successful and others are not. The course develops an understanding of how firms can design processes in markets and organisiations to achieve competitive advantages. Besides an overview of how market processes affect firm profitability you will also discuss how the design of firm boundaries influences this and how organisational processes contribute to competitive advantages.
Lecturer
Managerial Data Science
Managerial Data Science
New for 2021, more information to follow.
Financial Management
Financial Management
This module will introduce you to the principles of financial and managerial accounting. The main topics are: details and interconnections between the balance sheet, income statement/ P&L statement and cash flow statement based on International Accounting Standards (IAS) / International Financial Reporting Standards (IFRS). You will also explore relevant sections of management accounting including cost accounting, planning, control and performance management.
Lecturer
Marketing
Marketing
Marketing is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value. This module provides an overview of marketing processes and principles, and provides students with the opportunity to apply the key concepts to practical business situations.
Lecturer
Semester 2
Operations Management
Operations Management
Matching demand and supply is a key driver of firms’ competitive advantage, but is difficult because demand in most markets can vary, while supply is inflexible. With an emphasis on better managing demand-supply mismatches, this course provides a set of concepts and tools to design, analyse, and improve the complex processes that underlie the creation and delivery of both products (e.g., cars) and services (e.g., car sharing platforms).
Lecturer
Innovation Management & New Product Development
Innovation Management & New Product Development
In most industries, good R&D performance is critical to generate and sustain a lasting market success, and at the heart of every R&D process is a firm’s innovation management. Starting with the generation of possible innovation opportunities, and continuing with the selection of the most promising ideas and the transformation of these ideas into final products, innovation management has to deal with a set of utterly diverse challenges. For instance, should innovation be incremental or radical; or what are the benefits and costs of open innovation? This course sets out to discuss the key challenges that are inherent to innovation and product development processes. To this end, the course also introduces students to business model innovations and the impact of new technologies on existing R&D strategies.
Lecturer
Choose One Concentration
Choose One Concentration
Each student will choose one of four concentrations to focus on during their studies. Each concentration has a set curriculum of core modules to be completed.
- Global Strategy
- People, Management & Organisations
- Digital Business, Technology & Operations
- Data & Business Analytics
Global Strategy
People, Management & Organisations
Digital Business, Technology & Operations
Data & Business Analytics
Organisational Design
Organisational Design
New for 2021, more information to follow.
Managerial Decision Making
Managerial Decision Making
New for 2021, more information to follow.
Information Systems
Information Systems
This modules aims to establish the foundations required to manage information systems in a business environment. Based on knowledge about different types of information technology and information systems, future managers will be able to evaluate potentials of IT from a strategic and business oriented perspective.
External Lecturer
Prof. Dr. Daniel Beimborn
Optimisation & Decision Models
Optimisation & Decision Models
New for 2021, more information to follow.
Resource Allocation
Resource Allocation
- Negotiate the trade-offs involved in allocating resources to strategic initiatives.
- Manage the uncertainty inherent in strategic decision making.
- Apply strategic foresight to anticipate competitive market dynamics.
- Learn the fundamental laws of probability and behaviour that underpin resource-allocation strategy.
Lecturer
Power, Politics, and Social Networks
Power, Politics, and Social Networks
New for 2021, more information to follow.
Designing Resilient Supply Chains
Designing Resilient Supply Chains
- Linking supply chain strategy to financial performance
- Tailoring supply chain structure to product characteristics
- Designing distribution networks in the online economy
- Mitigating risk through quick response
- Sharing risk across the supply chain
Business Simulation & Algorithms
Business Simulation & Algorithms
New for 2021, more information to follow.
Summer
Internship or Skills Development Courses
Internship or Skills Development Courses
During summer FS students can do internships not only to gain practical experience but also to apply and use some of the new analytical tools and knowledge gained through the core and concentration modules. The internship can be evaluated to waive 6 ECTS if relevant to the field of study or concentration the student is specializing and the objective is achieved. Instead of an internships students can also take skills development courses or attend summer schools preapproved by the Programme Management.
Semester 3
Operations Strategy
Operations Strategy
- Linking operations strategy to financial performance
- Aligning operations with competitive strategy
- Designing global networks
- Leveraging disruptive technologies
- Designing innovation processes
Lecturer
Persuasive Communication
Persuasive Communication
New for 2021, more information to follow.
Digital Innovation
Digital Innovation
- Insights into the mechanics, potentials and limitations of digital technologies
- Developing digital strategies and business models
- Developing specifics of innovation discovery and diffusion
- Monetizing the digitally created value
External Lecturer
Prof. Dr. Daniel Beimborn
Machine Learning for Big Data
Machine Learning for Big Data
New for 2021, more information to follow.
Growth & Scaling
Growth & Scaling
New for 2021, more information to follow.
Negotiations
Negotiations
New for 2021, more information to follow.
Digital Transformation
Digital Transformation
- Challenges and approaches in implementing digital innovation and thus transforming an incumbent organization
- Potentials and limitations of agile management approaches
- Economic and societal impacts of digitalization
External Lecturer
Prof. Dr. Daniel Beimborn
Data Visualisation & Storytelling
Data Visualisation & Storytelling
New for 2021, more information to follow.
Strategic Implementation
Strategic Implementation
- Successful implementation of strategy and measurement of performance improvements
- Map and communicate the strategy
- Design the management control system
- Plan and coordinate strategy implementation
- Evaluate and reward strategic performance
Lecturer
Change Management
Change Management
New for 2021, more information to follow.
Digital Operations & Industry 4.0
Digital Operations & Industry 4.0
New for 2021, more information to follow.
Designing & Analyzing Business Experiments
Designing & Analyzing Business Experiments
New for 2021, more information to follow.
Experiential Learning
Strategy Consulting Project
Strategy Consulting Project
New for 2021, more information to follow.
Learning through Action – Applied Topics in Management
Learning through Action – Applied Topics in Management
New for 2021, more information to follow.
Digital Marketing
Digital Marketing
- Display advertising
- Social influencer marketing
- Affiliate marketing
- Viral marketing
- Search engine advertising
- New trends and opportunities
Applied Analytics Challenge
Applied Analytics Challenge
New for 2021, more information to follow.
Semester 4
3 Electives or Semester Abroad
3 Electives or Semester Abroad
A range of electives including Project Management, Industry Practice and Supply Chain Strategy and Financial Performance allow you to tailor your Master in Management through a diverse and distinctive structure of time formats. Electives are taught not only by in-house faculty, but also by leading international practitioners, providing you with the tools to meet your personal aspirations. Elective options are published during the third semester and students must choose 3 elective modules to start in their last semester.
You can find the entire list of electives that we offer for 2020 here.
All Master in Management students can go abroad during the fourth semester. They have the option to study at one of our international partner universities and use the credits gained during the semester abroad to replace the electives.
Evidence-based Management (Thesis preparation)
Evidence-based Management (Thesis preparation)
The course focuses on the design and implementation of high-quality empirical studies in the areas of management. It will serve as a methodological tool kit for your Master thesis and increase your scientific decision making in management and consulting practice.
Master's Thesis
Core Modules
Electives
Global Strategy
People, Management & Organisations
Digital Business, Technology & Operations
Data & Business Analytics
Study abroad option: You have the option to use the credits from your electives in semester 4 to study abroad.
Curriculum may be subject to change.
Study Abroad
Frankfurt School partners with 80+ universities worldwide that are primarily focused on business and management and giving our students the opportunity to gain comparative view points, diverse cultural and study environments and to widen their international network. This gives you the chance to immerse yourself in a new environment that prepares you for a global career.
Study Model
Regular: 4-Semester Track (3-day Model)
The Master in Management follows a unique time model that permits you to work part-time whilst pursuing your full-time Master’s degree. We call this the 3-Day Model.
Students typically attend classes three days a week, on Thursdays, Fridays and Saturdays. This leaves three working days for self-study, language courses or part-time employment. Some electives are organised as blocked week events.
Learning Experience & International Exposure
Practical Learning
Our Master in Management programme curriculum combines theories and concepts with real world case studies, class discussions and shared experiences of practitioners and international experts invited from wide range of industries.
Guest Lectures and Talks
Frankfurt School’s close ties to the consulting and finance industry are evident in the guest lecture opportunities. Students can network with innovators, industry veterans, and successful alumni regularly on campus.
Every year the CIO of Deutsche Bahn gives a lecture on digitalization as part of the Information Systems course.
German Classes
The Master in Management is taught entirely in English. However, German classes are provided for all non-German speaking students throughout the duration of the programme. We strongly encourage our students to learn German before they arrive in Frankfurt in order to improve their employment opportunities.
Case Studies
You will benefit from our exclusive case study learning opportunities through lectures and seminars. This allows students to work on real-life case studies preparing them for the realities of the working world.
Past companies who have presented case studies were PWC, McKinsey, Nestlé, and P&G.
Competitions & Awards
Frankfurt School encourages students to participate in various challenges and competitions, e.g. CFA Research Challenge, throughout the year, giving selected students the opportunity to prove themselves and compete against other top universities worldwide.
Connect with International Universities
The Master in Management students have the opportunity to visit other European universities and connect with the local students.
For one week the students travel to Madrid and attend lectures at IE Business School on Blockchain, Big Data and how these technologies are influencing companies. All courses will be taught by faculty from IE, which gives the students the opportunity to broaden their academic network.
Have a look at Santiago's blogpost on his experience at last year's IE exchange.
Apart from Spain we also offer the opportunity to spend a week in Milan by attending one of the electives in the fourth semester at Bocconi University. The elective not only includes courses at the university but students also visit renowned companies in the area.
International Visits
In the second semester students travel to Brussels for a three-day trip as part of the Leadership and Organizational Behavior module.
The purpose of the trip is to explore the role of misinformation and communication in leadership by participating in an interactive workshop on leadership.
Students visit also the European Commission to learn from EU officials how misinformation ('fake news') influences the European Union both politically and economically as well as how the European Commission tackles this issue.
The Master in Management in combination with my public health background has equipped me to become a leader in the field of healthcare. This combination makes it possible to find more pragmatic and beneficial solutions s to current healthcare issues.
"The Master in Management is an excellent practice-focused programme that also clearly aims to develop academic skills. Lectures based on seminal papers combined with case studies and company visits provide exposure to leading research and the development of strong analytical skills."
"Master in Management graduates benefit from case studies, guest lectures by C-suite executives and company visits. This provides unique insights into numerous industries, in order to prepare them for their careers in an international business environment."
"The Master in Management has given me all the required skills and knowledge I needed to enter my current job at one of Germany´s most prestigious automotive companies at an advanced level and helped me kickstart my career."
"The high class professors provided me with the relevant knowledge and skills to start my career in consulting. The broad spectrum of topics students can specialize in and strong network are only few elements that make the programme so special."
"I enjoyed my semester abroad at FS so much that I didn’t think twice about going back for my Master’s. Surrounded by ambitious individuals from all over the world, I was pushed beyond my limits and felt like I have always belonged to this school."
"Students learn to reflect on real business issues and communicate solutions - a skill essential for future employment. As a business consultant, I always put these skills into practice as I am constantly required to communicate with clients and colleagues in a structured manner, regardless of constraints."
Student Career Paths
The combination of practical learning methods and ability to work part-time ensures our Master in Management students are able to secure jobs in a variety of companies and industries by the time they graduate. Below are examples of where our students worked during and following their studies. Take a look at some more here.
Employment Statistics - Class of 2019
Starting Salary after Graduation*
Where do our graduates work?
List of employers
| Accenture |
| Accenture Strategy |
| Agrando |
| Amazon Web Services |
| BASF |
| Bearing Point |
| Boston Consulting Group |
| Capgemini Invent |
| CBRE |
| Commerz Business Consulting |
| Commerzbank |
| CPC Change Management |
| Dartmouth Partners GmBH |
| DB Systel |
| Deloitte |
| Deutsche Bank |
| Deutsche Börse Group |
| Deutsche Leasing Group |
| Deutsche Tele Medien GmbH |
| EFAFLEX |
| Frankfurt School Blockchain Center |
| Fujitsu TDS GmbH |
| Ginmon GmbH |
| Goldman Sachs |
| Henkel |
| IHS Markit |
| IMAP M&A Consultants AG |
| INEOS Styrolution Europe GmbH |
| JP Morgan |
| KfW Development Bank |
| KPMG |
| Lidl Stiftung & Co. KG |
| Lucht Probst Associates |
| MARS |
| Mattel |
| Mazars |
| McKinsey |
| micobo |
| Moody's analytics |
| ODDO BHF |
| Procter & Gamble |
| PVH Holdings GmbH |
| PwC |
| Rothschild & Co |
| Sanofi |
| Scania Deutschland Österreich |
| Schwarz Gruppe |
| Singular Group |
| Sparda Bank Südwest |
| Sumitomo Mitsui Banking Corporation |
| VP Strategy Advisors |
| Zalando |
Career Services & Professional Network
Our exclusive corporate connections and strong Alumni network allow you to build a professional network crucial for developing your international career. Our Careers Services team will support you with individual consultations on career development that are based on your interest and career goals. This along with our regular guest lectures and company visits, plus the opportunity to work part-time throughout your full-time studies, leaves you in the spotlight for employment after graduation.
Study in Frankfurt
Frankfurt is the commercial hub of Europe where major global corporations, consultancy firms, high-tech industries and startups are located alongside the European Central Bank. Frankfurt School plays a key role in supporting these strategic partner industries through its cutting edge research and innovative solutions focused on consultancy, tech, banking and finance.
Invest in your international career development by leveraging on the opportunities and business networks offered by the city of Frankfurt.
Student Life
Frankfurt School takes pride in its international student community. Many of our aspiring and inspiring individuals lead important initiatives such as fundraising for environmental causes or for tech and innovation start-ups as well as engaging in consultancy competitions, sports and wellbeing activities.
Application Process
1. Online Application
The first step in applying for our programme is the completion of our online application, which includes uploading the following required documents in support of your application:
Required Documents
- Certified copy of your undergraduate transcript of records and degree award certificate
- Certified copy of your TOEFL / IELTS results or equivalent (TOEFL - 90 iBT, 577 ITP / IELTS 7.0 or equivalent)
- Official GMAT score report, GRE score report or FS Admissions Test (no possibility of waiver)
- CV or resume (must be in English)
- Other documentation supporting professional experience or other extracurricular activities, if applicable
Each of the documents listed above are required for completing your application. However, you do not need to upload them all at once.
Deadlines & Discounts
Applications are considered on a rolling basis, therefore we encourage you to apply as early as possible. Applications received before the end of November and March will benefit from our early bird discounts of 4000 EUR and 2000 EUR respectively. Applicants interested in a scholarship must complete the relevant section within their online application.
| Early Bird (4,000 Euro discount)* |
30 Nov 2020 |
| Early Bird (2,000 Euro discount)* |
31 Mar 2021 |
| Final Application and Scholarship Deadline | 30 Jun 2021 |
| Start of programme | 23 Aug 2021 |
*You must have recieved an admission letter by 31 March and 30 June respectively
2. Assessment Centre and/or Interview
Successful applicants will be invited to an Assessment Centre and the Frankfurt School Admission Test, if applicable. The interview will be held either at Frankfurt School, or over the skype call for students that are not able to make an in-person interview. The purpose of the interview is to gain a better understanding of your character, personality, expectations, motivations and goals.
3. Results
The final decision regarding your Master in Management admission will be based on a combination of undergraduate grades, English language abilities, admission test results, and the interview performance.
We also take into account other significant experiences, commitments or awards such as internships, international experiences, and volunteer projects.
4. Programme Start
The Master in Management programme begins on August 23rd 2021. All students are expected to be at Frankfurt School on this day. For non-EU applicants who require a visa to enter Germany, please keep in mind that it can take up to two or three months to obtain the necessary visa.
Information for FS Bachelor Students
Important dates (relevant for FS Bachelor students)
- Application start date: 11 May 2020
- Super Early bird deadline (4,000 € discount): 31 May 2020
- Early bird deadline (2,000 € discount): 30 September 2020
- Final deadline: 30 November 2020
- Programme start: 25 January 2021
The application portal will open on 11 May 2020. The links will be provided via e-mail. Please contact us for more information and if you have any questions about the process.
Financing & Scholarships
Investing in your future
Your degree is an investment in your professional future. As a business school of international standing, not only do we offer you ideal conditions for earning a degree – we also offer you excellent career prospects.
And since we can guarantee the quality of our teaching and research, we also expect the highest levels of commitment and motivation from our students.
Study Fee
| Registration fee*: | 100 Euro |
| Semester fee: | 8,100 Euro |
| Total price: | 32,500 Euro |
Deposit: To reserve your place in the programme, you will need to submit a deposit payment of EUR 3,000. This will be subtracted from the total tuition fee. You will receive instructions for submitting your deposit payment after you have sent us your signed contract of study.
* The registration fee is due after you have signed your study contract. It is not an application fee.
Contact
Get more information
Where can you meet us?
We offer several ways to get in touch with us such as class visits, fairs outside of Frankfurt and personal consultations. Please visit our page to find out more!