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Tuition Fee
47,500 Euro

Application Deadline
31 July

Programme Start

18 months (part-time)

The Executive MBA (EMBA)

Specifically designed for experienced business executives who aim to deepen their management expertise, boost their leadership skills and
expand their networks across industries and countries. Internationally recognised and respected, it opens doors and advances careers. Frankfurt School's EMBA is currently ranked as one of the FT's top 100 programmes worldwide.

The EMBA offers an attractive scholarship programme in support of women in management, international students and executives from small and medium-sized enterprises (SMEs) as well as scholarships for engineers and outperforming candidates. The programme takes place in Frankfurt and is taught fully in English.

  • Intense and inspiring part-time programme
  • Curriculum of global management and leadership essentials
  • Renowned professors, experienced practitioners, and exciting guest speakers
  • Participant-centred learning (Harvard case method)
  • Professionally and culturally diverse class
  • Personal leadership coaching
  • Convenient location and time model
  • International electives abroad (optional)
  • Strong alumni community and network
  • Attractive scholarship options


  • First academic degree or equivalent
  • At least c. 7 years of work experience with appropriate managerial responsibility
  • Proficiency in English

Tuition & Discounts

Tuition fee 47,500 Euro
Alumni discount 4,500 Euro
Early Bird (1st round)* 4,800 Euro
Early Bird (2nd round)* 2,400 Euro
*+ additional leadership coaching + tuition
waiver for optional pre-courses.

Your EMBA Contact


Its curriculum consists of a series of carefully coordinated modules, combining the latest general management topics and methods with the systematic development of soft skills, strategic leadership and intercultural awareness.


The optional Principles of Finance & Accounting module is aimed at students who do not have prior experience of business administration or who feel they need a refresher course.

It provides course participants with the knowledge they need to tackle the upcoming Finance & Accounting modules and includes the principles of capital budgeting, the basic knowledge required to assess companies’ financial situations, and the basic principles of financial reporting in conformance with national and international standards.

Block 1: Accounting

  • Principles of accounting and valuation
  • Basic principles of financial accounting
  • How to analyse corporate performance indicators and use financial information
  • Basic principles of consolidation
  • Fee: 590 EUR

Block 2: Finance

  • Basic principles of corporate finance
  • Capital budgeting
  • Capital cost accounting and risk assessment
  • Business valuation
  • Financial reporting
  • Fee: 590 EUR

Block 1 and Block 2: 1,095 EUR

EMBA Opening Weekend

Get to know your new classmates during an activity-packed weekend retreat. Start developing many of the key skills you will employ throughout the programme, including teamwork, communication, and time management.

Semester 1

General Management & Entrepreneurship

The course is intended to provide students with an introduction to entrepreneurship. To achieve this, the course will be based on lectures, readings and cases that illustrate the development of an idea from opportunity recognition through start up to the stage when outside money is needed. The lectures, readings and case discussions will identify the skills generally considered necessary for success in an entrepreneurial venture. Thus, the course is geared to all students to learn to become serious entrepreneurs.

Our approach is based on the lean start-up approach employing the Customer Development-Business Model Generation method that focuses on developing a business idea, developing and refining the business model of the start-up, understanding who the customers/markets are and developing and testing a set of related hypotheses about a start-up in a fast and efficient process. The business model/plan and the in-program team project form the backbone of the course to allow students to walk the path from a business idea to an action plan for starting and operating a new business venture.

Key topics to be discussed include but not limited to:

  • Opportunity recognition and associated techniques
  • Customer development approach to entrepreneurship
  • Entrepreneurial sales and branding
  • Finding the right business models for entrepreneurial start-up
  • Business model/plan development
  • Funding, team formation and talent management issues

Global Economy & Digital Society

The module Global Economy introduces students to the essential issues and concepts of the global economy and macroeconomic policy. The course will be up-to-date, practical and relevant. The course is based on the assumption that understanding and applying the global macroeconomic  environment and policies is important for the decisions of senior managers. Firms operate in the complex environment of the entire economy, and indeed of the world economy and the global financial markets. Strategic business decisions have to take into account long-term growth trends as well as short-term business cycle movements including economic policy changes.

Key topics to be discussed include but not limited to:

  • Performance and outlook of the global business cycle.
  • Current issues of fiscal and monetary policy.
  • Long-term challenges for the world economy including geopolitical risks.
  • Implications of the ongoing rise of emerging economies, esp. Asia and China.
  • Different economic theories and their strengths and weaknesses.
  • Personal strengths and resources needed to apply economic data, information and analysis for business decisions and investments.

Competetive Strategy & Marketing

Competitive Strategy:

To survive and prosper over the long-term in a given industry, a firm must be able to create and sustain over time a competitive advantage. This course equips you with the frameworks, analytical tools, and concepts that you need to complement your own intuition and skills in making sense of the organisational and environmental complexity and in identifying the sources of superior performances.

The course leads you into two areas of analysis: the external environment of the firm (the industry context), and the internal environment of the firm (its resources and capabilities).


Firm success largely depends on a well-chosen strategy that is based on a thorough understanding of customer needs. This module emphasizes customer’s needs and how firms can address them through customer-centric marketing decisions. As such, it takes a broader, more holistic perspective than just the traditional “4 Ps” (product, place, price, promotion).

Targeted at the EMBA audience, the course will cover strategic and operational Marketing issues and use examples from both B2B and B2C settings. Most importantly, the focus of the class is on connecting in-class topics to real-word problems.

Key topics to be discussed include but not limited to:

  • Understanding customer needs
  • Connecting Marketing decisions to profits
  • Managing the digital future

Semester 2

Accounting & Finance

This course builds on the foundations of the pre-courses and familiarizes participants in the Frankfurt School Executive MBA program with the topic areas of Finance and Accounting. It does so from the strategic perspective of a general manager and corporate leader, and not from the operational perspective of a functional specialist.

In the Finance part students take the capital market’s perspective on firm activities, and the quest of maximizing the value of the firm. We deal with two broad questions: What investments should the firm make? And: How should it finance these investments?

The Accounting part offers a comprehensive introduction to accounting information as a key strategic tool to manage business performance, lead organizational members, and drive superior and sustainable value creation.

Leadership & Organisational Behaviour

People are often described as a difficult to imitate resource of a company that helps to create competitive advantage. At the same time employees are sometimes seen as a barrier to change hindering a company to react to new demands in the market within an appropriate time span.

In this module, management approaches will be presented and discussed that contribute to achieving strategic organizational goals by building a competent and forward looking workforce achieved by using informed and mature approaches to management and leadership. In the Leadership part students explore and evaluate conceptual tools necessary for understanding and influencing behaviour in organizations. They critically examine the contribution of leadership to organizational effectiveness and discuss current and developing practice in key areas of leadership.

In the Organizational Behaviour part, participants gain insight into their own work behaviour, motivations, experience of work groups, teams and organizational environments, and are acquainted with theories, concepts and methods relating to how individuals and groups are affected by organizational contexts, and how choices about ways of organizing affect the functioning and effectiveness of businesses. The participants deal with individual, team and organizational level behaviour including personality, social networks, pro social behaviour, team functioning, power and politics and organizational change.

Innovation Management & Change Management

This module explores the entire process of developing new products, from conception through to market launch, together with all associated activities. Special emphasis is placed on the importance of customer needs as a prerequisite for product development, and the module focuses on innovative products in particular.

Course participants work with case studies in order to familiarise themselves with the core concepts of innovation management. In addition to learning how to carry out a critical analysis of these concepts, they learn how to apply their new knowledge in a corporate context.

International Elective

Finance for Growth

Building on the foundations of the EMBA core course Finance & Accounting, this elective provides a deep-dive into some more advanced issues and challenges in the realm of financial management. It covers the management process associated with the financial dimension of important strategic and operational decisions, for example working capital management, capital structure, capital providers (e.g. venture capital, private equity, strategic investors), or corporate governance. Particular emphasis is put on the Mergers & Acquisitions value chain as a vehicle for exploiting market opportunities for fast inorganic growth or for restructuring the business.

International Week

Meet managers, academics and MBA students from other countries, broaden your intercultural skills through local exposure, and benefit from Frankfurt School’s international links with other top-ranked business schools. You can study for the elective module in International Management at one of the following business schools (among others):

  • IDC Herzliya, Israel

  • Kedge Business School (Euromed MBA) Marseille, Frankreich

  • Hong Kong Baptist University (HKBU), China

Semester 3

Organisational Governance & Operations Management

Operations Management

Operations Management is about organizing, managing and improving the processes of transforming inputs (materials, labor, etc.) into outputs (goods and services) and distributing these outputs in the right amount and quality, to the right place, at the right time, and at the right cost. Doing so requires the effective management not only of these processes, but also of productive capacity, inventories, and information. The essential strategic issue of operations is to balance resources and capacity with demand.

Managing operations is, therefore, central to the success of any organization in manufacturing, logistics, warehousing, trade, financial services, hotel, hospitals, and so on. And excellence in designing and managing processes is a key driver of keeping cost down and revenues up, e.g. better processes result in outputs with higher quality, more timely delivery, and greater availability, all of which influence pricing and demand. Operational excellence is difficult to achieve and even more difficult to copy – which means that it is a possible source of sustainable competitive advantage and superior profitability.

Organisational Governance

This integrative elective builds broadly on the foundations previously acquired in the EMBA program. Drawing on current academic thinking and management practice, it builds a bridge between the external perspective of strategy – how to compete and win in markets – and its internal perspective – how to organize resources and information for competing and winning. We review the concept of competition, competitive analysis, competitive dynamics, and the key decisions involved in formulating a competitive strategy that gives long-term direction. We then cover in depth the formal mechanisms that executives use to drive strategy into the organization and assure everyday performance, which are organizational structure, incentives, and performance measures (accounting numbers and other performance indicators).

Negotiations & Ethics in Business

The aim of this module is to develop an understanding of communication processes, the specific challenges of intercultural management, and negotiation as a leadership skill. The module covers a broad range of issues that typically confront executives and senior managers working in international and intercultural environments.

Course participants discuss the values, attitudes and types of behaviour that are relevant to negotiations, and explore negotiating situations involving different groups of people (e.g. colleagues, employer, employees, customers, business partners etc.).

Thesis Project & Capstone

Thesis Project:

In their thesis, candidates use a range of scientific and academic methods to research a management issue. The thesis is structured as a project, which means course participants work on a specific issue based on a real-world scenario. Thus they may choose to structure their thesis as e.g. a business plan, strategy paper or consulting report. The subject of the thesis may be relevant to the company that employs them, or relate to an entirely different company or organisation.


The course will draw on the insights from prior EMBA courses to dive deep into a discussion of the challenges of strategy formulation, alignment, and execution from the holistic perspective of the top management team.

Participants will spend time analyzing and discussing the alignment of strategy formulation and execution. Based on the case Arctic Timber, they look in-depth at radically altering the business model of a company and how to lead the change toward a new strategy.   

Additionally, participants will get hands-on experience in strategy development and evolution through the Capsim simulation ( which will more practically highlight the importance of how different functions such as finance, marketing, HRM, and R&D must be coordinated in the execution of a chosen strategy.

Key topics to be discussed include but not limited to:

  • Analyzing markets and competitors
  • Formulating and evaluating strategic options
  • Understanding and transforming organizational culture
  • Aligning strategy and innovation
  • Finding the right organizational design to implement strategy
  • Leading strategic change
  • Aligning finance, marketing, operations, and R&D
Throughout all terms: Leadership Coaching

Personalised leadership coaching is an integral component of the EMBA degree course, sharpening leadership and management skills and helping course participants become aware of and consciously modify their individual management styles. The coaching module lasts for the duration of the course. Starting with a team-building weekend at the beginning of the course, course participants continue to receive regular advice and support from their personal coaches.

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Based on an analysis of your skills and potential, we draw up an action plan with personal development goals that you can implement at work. Your personal coach then continues to provide you with advice through to the final implementation coaching session, during which you reflect on your achievements and are given recommendations that will help you with your future career planning. The coaching module also comprises group training courses that help you enhance your personal strengths while building a clear awareness of areas still in need further development.


The Frankfurt School Executive MBA is conveniently designed for the busy executive who wants to pursue general management studies while continuing in a full-time leadership role.

Physical attendance on our Frankfurt campus is required only on very few occasions: an opening event early October 2018 (1x Thursday-Saturday), 2 leadership coaching sessions (2x Saturdays), and regular class sessions (3x intensive weeks and 14x extended weekends). Lecture times of these class sessions are:

Intensive weeks

Mondays - Fridays 9:00 a.m. - 4.30 p.m.
Saturdays 9:00 a.m. - 1:15 p.m.

Extended weekends

Fridays 1:15 p.m. - 6:15 p.m.
Saturdays - Sundays 9:00 a.m. - 4:30 p.m.

In addition, the International Elective typically consists of a week-long stay on location abroad (applicable tuition and travel expenses may vary with destination). Current options include Hong Kong (China), Marseille (France) and Tel Aviv (Israel), subject to confirmation.

Class Profile

Number of students 45
Age range 28 - 57
Female 29 %
No. of nationalities 21
Average work experience 12 years


Banking / Finance 22%
IT / Engineering 22%
Logistics 11%
Industry products / Manufacturing 9%
Pharma 9%
Consulting 7%
Energy 4%
Other 16%


Germany 47%
Europe (excluding Germany) 29%
Asia 22%
Americas 2%


34-37 36%
30-33 27%
38-41 25%
42-45 4%
46-50 4%
<30 2%
>50 2%

#FSEMBA on Social Media

Admissions Process

1. Online Application
2. Interview Day

After reviewing your application documents, we will invite qualified candidates to participate in a personal interview with a faculty member of Frankfurt School. The purpose of the interview is to gain a better understanding of your character, personality, expectations, motivations and goals. Each interview day starts at 12:30 p.m. and finishes with a feedback interview at around 7:00 p.m. 

Dates of upcoming interview days.

The day consists of a series of different interviews and evaluations:

1. One-on-one interview in English

This gives us an opportunity to form an impression of you and your career to date. In this one-to-one interview, you tell us about your past experiences and your goals for future personal and professional development.

2. Group discussion

This is an opportunity for you to interact with other applicants who are also attending interviews and put your negotiating skills to the test.

3. MBA Admission Test

The MBA Admission Test is divided into different parts, which shall test your critical thinking, your ability to solve problems and your text comprehension skills. Please use the links below to take a look at the specific instructions, the sample tasks and how the online-version works: 

3. Results

After successfully passing the interview stage, we send you a letter confirming your admission. The final decision regarding admissions into our EMBA programme will be based on the results of the Interview Day.

4. Start of the Programme

The Frankfurt EMBA begins in autumn every year. All students are expected to be at Frankfurt School on the first day of the programme. 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 student visa.

Alumni & Careers

Our network of graduates is a major asset. They build bridges between Frankfurt School, the business world, and society in general – bridges between academic theory and real-world practice. But above all, our former students stay in touch with each other long after they have earned their degrees, quite independently of the years they attended the university.

Some things last longer - Frankfurt School’s trust-based relationships and friendships with our EMBA alumni get supported by our official alumni & friends department through which we build lifelong bonds and career impacts.


15.02.2019 12:00:00

AMBA Connect

Exclusive network event in Berlin

16.10.2018 12:00:00

Ladies First welcomes one of Frankfurt School’s own

Asiya Mohammed on how to make dreams come true

02.05.2018 12:00:00

QS Global EMBA Ranking 2018

Frankfurt School of Finance & Management scores with excellent reputation

Financing and Scholarships

Investing in your future

Let’s be clear: your degree is an investment in your professional future. As a business school of international standing, not only do we offer you the best conditions for earning a degree – we also offer you excellent career prospects.

So we can guarantee the quality of our teaching and research, we also expect the highest levels of commitment and motivation from our students. This commitment is what really counts.

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When you make the decision to study at Frankfurt School, your current financial situation shouldn’t be the factor that holds you back. At the same time, it is important to make sensible preparations for funding your studies.

Student finance is a complex issue, and needs careful, long-term planning. So take advantage of our advisory service and start your preparations by asking us for a personal consultation.


Frankfurt School awards attractive partial scholarships with the aim of enhancing the diversity of our EMBA. We provide financial support to candidates who enrich our programme in particular ways, including:

  • Women in leadership
  • Executives working for SMEs
  • International course participants
  • high-performing & outstanding candidates

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Please note that that we grant scholarship on an ongoing basis so we recommend you to apply early!

Your application for scholarship can only be considered if the form will be completed and submitted before your participation in our Assessment Center.

We would be happy to advise you – simply make a personal appointment.

Student Life

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