| Course Level: | Master's | |
|---|---|---|
| Course Duration: | 2 Years | |
| Course Language: | English | |
| Required Degree | 4 Year Bachelor’s Degree | |
| Course Level: | Master's | |
|---|---|---|
| Course Duration: | 2 Years | |
| Course Language: | English | |
| Required Degree | 4 Year Bachelor’s Degree | |
1. Academic Excellence: As part of Goethe University, GBS benefits from the university’s strong reputation in research and academic excellence. The school offers programs that are well-regarded both in Germany and internationally.
2. Location in Frankfurt: Situated in Frankfurt, one of Europe’s leading financial hubs, GBS provides students with unique opportunities to interact with leading financial institutions, multinational corporations, and industry professionals.
3. Program Offerings: GBS offers a range of programs including MBA, Executive MBA, and specialized master’s programs in finance, digital transformation, and pharmaceutical business. These programs are designed to meet the needs of both recent graduates and experienced professionals.
4. Industry Connections: The school maintains strong ties with the business community, providing students with networking opportunities, internships, and practical insights through guest lectures, workshops, and company visits.
5. Faculty: The faculty at GBS consists of both renowned academics and experienced industry practitioners, ensuring a blend of theoretical knowledge and practical expertise.
6. Global Perspective: GBS emphasizes a global approach to business education, preparing students to operate in an increasingly interconnected and dynamic global market. The curriculum often includes international case studies, global projects, and opportunities for exchange programs.
Master of Business Administration (MBA): A program designed for professionals looking to advance their careers. It covers key areas such as leadership, strategy, finance, and marketing.
Executive MBA: Tailored for senior executives and managers, this program focuses on strategic management, leadership, and innovation.
Master of Finance (MFin): A specialized program aimed at those pursuing careers in finance, banking, and investment management.
Master in Digital Transformation Management (MDTM): Focuses on the challenges and opportunities presented by digital technologies in the business landscape.
Master of Pharma Business Administration (MPBA): Designed for professionals in the pharmaceutical industry, covering aspects of pharma management and healthcare.
Campus Facilities: GBS is housed in modern facilities that include state-of-the-art classrooms, seminar rooms, and student lounges. The campus is designed to facilitate learning and collaboration.
Extracurricular Activities: Students at GBS can engage in various extracurricular activities, including student clubs, networking events, and cultural activities, enriching their overall educational experience.
Support Services: The school provides comprehensive support services, including career counseling, academic advising, and personal development workshops.
Career Development: GBS offers robust career services to support students in their professional development. This includes career counseling, resume workshops, interview preparation, and job placement assistance.
Alumni Network: The school boasts a strong alumni network, offering students access to a wide range of contacts in various industries. Alumni often participate in mentoring programs, providing current students with valuable insights and guidance.
Program Name |
Duration |
Description |
|---|---|---|
|
Master of Business Administration (MBA) |
1-2 years |
Aimed at professionals seeking to enhance their leadership and management skills. Includes courses in strategy, finance, and marketing. |
|
Executive MBA |
18 months |
Designed for senior executives and managers. Focuses on strategic management, leadership, and innovation. |
|
Master of Finance (MFin) |
1-2 years |
Specialized program for careers in finance, banking, and investment management. Covers financial markets, risk management, and valuation. |
|
Master in Digital Transformation Management (MDTM) |
1-2 years |
Focuses on the challenges and opportunities of digital transformation in business. Includes courses on digital strategy, innovation, and technology management. |
|
Master of Pharma Business Administration (MPBA) |
1-2 years |
Tailored for professionals in the pharmaceutical industry. Covers pharma management, healthcare, and market access. |
Program Name |
Duration |
Tuition Fees Per Year (USD) |
|---|---|---|
|
B.Sc. in Business Administration |
3 years |
$500 - $1,000 |
|
B.Sc. in International Management |
3 years |
$500 - $1,000 |
|
B.Sc. in Finance and Accounting |
3 years |
$500 - $1,000 |
|
B.Sc. in Marketing |
3 years |
$500 - $1,000 |
|
B.Sc. in Economics |
3 years |
$500 - $1,000 |
Program Name |
Duration |
Tuition Fees Per Year (USD) |
|---|---|---|
|
Master of Finance (MSc) |
2 years |
$15,000 - $20,000 |
|
Master in Management (MSc) |
2 years |
$15,000 - $20,000 |
|
Full-Time MBA |
1 year |
$30,000 - $40,000 |
|
Part-Time MBA |
2 years |
$30,000 - $40,000 per year |
|
Executive MBA |
1.5-2 years |
$40,000 - $50,000 total |
Program Name |
Duration |
Tuition Fees Per Year (USD) |
|---|---|---|
|
PhD in Economics |
3-5 years |
Approx. $400 - $800 |
|
PhD in Finance |
3-5 years |
Approx. $400 - $800 |
|
PhD in Management |
3-5 years |
Approx. $400 - $800 |
|
PhD in Marketing |
3-5 years |
Approx. $400 - $800 |
|
PhD in Accounting |
3-5 years |
Approx. $400 - $800 |
|
PhD in Business Informatics |
3-5 years |
Approx. $400 - $800 |
Master's Degree Programs:
Master of Business Administration (MBA)
Executive MBA
Master of Finance (MFin)
Master in Digital Transformation Management (MDTM)
Master of Pharma Business Administration (MPBA)
Executive Education and Certificate Programs:
Short-term programs and professional certificates in various business disciplines.
1. International Focus:
GBS provides a global perspective in its curriculum, preparing students to work in international and multicultural environments. The school attracts a diverse student body from around the world, enhancing the international learning experience.
2. Language of Instruction:
All programs are offered in English, making them accessible to international students who are proficient in English.
3. Admissions Requirements:
Academic Qualifications: Relevant bachelor's degree or equivalent for master’s programs.
Work Experience: Relevant professional experience is often required, particularly for MBA and Executive MBA programs.
Language Proficiency: Proof of English proficiency through TOEFL, IELTS, or equivalent tests.
Additional Documents: CV, letters of recommendation, personal statement, and possibly an interview or entrance exam, depending on the program.
4. Application Process:
Applications are typically submitted online through the GBS website. It is crucial to adhere to specific deadlines and ensure all required documents are submitted.
5. Scholarships and Financial Aid:
Various scholarships and financial aid options are available to international students. These can help cover tuition fees and living expenses. Students should check GBS’s website for the latest information on available scholarships.
6. Career Services:
GBS offers robust career services to support international students in their professional development. This includes career counseling, resume workshops, interview preparation, and job placement assistance.
Alumni Network: Access to a global network of alumni who can provide valuable connections and mentoring opportunities.
7. Student Life and Support Services:
Orientation Programs: Designed to help international students acclimate to life in Germany and at GBS.
Student Services: Comprehensive support including academic advising, counseling services, and assistance with administrative matters such as visa applications and health insurance.
Extracurricular Activities: Various student clubs, networking events, and cultural activities enhance the student experience.
8. Living in Frankfurt:
Cultural and Economic Hub: Frankfurt is one of Europe’s leading financial centers, offering numerous professional opportunities and a rich cultural life.
Accommodation: GBS assists students in finding suitable accommodation. The cost of living in Frankfurt can be relatively high, so students should budget accordingly.
Transportation: Frankfurt has an excellent public transportation system, making it easy for students to commute to and from campus.
Choose Your Program
Review the various programs offered by GBS, including the MBA, Executive MBA, Master of Finance, Master in Digital Transformation Management, and Master of Pharma Business Administration.
Ensure the program aligns with your career goals and professional background.
Check Admission Requirements
Academic Qualifications: Applicants must have a relevant bachelor's degree or equivalent.
Professional Experience: For MBA and Executive MBA programs, significant professional experience is typically required.
Language Proficiency: Proficiency in English is essential, typically demonstrated through TOEFL, IELTS, or equivalent tests.
Prepare Your Application Documents
Application Form: Complete the online application form available on the GBS website.
Academic Transcripts: Provide official transcripts from all post-secondary institutions attended.
Resume/CV: Update your resume to include relevant academic, professional, and extracurricular experiences.
Letters of Recommendation: Obtain letters of recommendation from academic or professional references who can attest to your qualifications and potential.
Personal Statement/Essay: Write a compelling personal statement explaining your motivation for applying, your career goals, and how the program aligns with these goals.
Proof of English Proficiency: Submit TOEFL, IELTS, or equivalent test scores if applicable.
Submit Your Application
Ensure all documents are complete and submitted by the application deadline. Check the specific deadlines for your chosen program on the GBS website.
Application Review and Interview
Application Review: The admissions committee reviews your application to assess your academic qualifications, professional experience, and fit for the program.
Interview: Shortlisted candidates may be invited for an interview. This can be conducted in person, via phone, or video conferencing. The interview is an opportunity to discuss your application in detail, your career goals, and your motivation for pursuing the program.
Receive Admission Decision
After the review process, you will be notified of the admission decision via email or through the application portal. This process can take several weeks.
Enrollment
If accepted, you will receive instructions on how to complete your enrollment, including paying any applicable fees and submitting additional documentation.
Main Intake (Fall Semester):
The primary intake for most programs is in the fall, typically starting in September or October.
Application deadlines might be several months earlier, often in the spring.
Secondary Intake (Spring Semester):
Some programs may also have a spring intake, usually starting in April.
The application deadline for this intake could be in the late fall of the previous year.
For Master's and MBA programs:
Academic Qualifications:
A bachelor’s degree or equivalent, often related to business or economics, though other fields may be considered.
Academic performance in previous studies is typically a key consideration.
Work Experience:
For MBA programs, significant work experience (usually a minimum of two to five years) is often required.
Master’s programs might be more flexible regarding work experience requirements.
GMAT/GRE Scores:
Many business schools require GMAT or GRE scores, especially for MBA programs.
Minimum score requirements can vary.
Language Proficiency:
For programs taught in English, a proficiency test like TOEFL or IELTS is usually required for non-native speakers.
For German-taught programs, proof of German language proficiency (like TestDaF or DSH) might be necessary.
Letters of Recommendation: Professional or academic references can be an important part of the application.
Personal Statement or Motivation Letter: A statement outlining your motivation for pursuing the program, your career goals, and how the program aligns with these goals.
CV/Resume: A detailed CV outlining educational background, work experience, and any relevant extracurricular activities.
Scholarship Name |
Eligibility Criteria |
Coverage |
Additional Notes |
|---|---|---|---|
|
Deutschlandstipendium (Germany Scholarship) |
High academic performance and social engagement |
€300 per month |
Co-funded by the federal government and private sponsors |
|
Goethe Business School Scholarships |
Based on academic merit and financial need |
can cover partial tuition fees |
Awarded by GBS; specific amounts vary |
|
Corporate Scholarships |
Sponsored by partner companies; various criteria |
often includes tuition assistance and internships |
Sponsored by companies like Deutsche Bank, Commerzbank |
|
Alumni Scholarship |
Outstanding academic and professional achievements |
Up to 50% of tuition fees |
Awarded to exceptional candidates with notable achievements |
|
Women in Business Scholarship |
Female candidates demonstrating leadership potential |
can cover partial tuition fees |
Aimed at promoting gender diversity in business |
|
International Student Scholarship |
Non-German students with excellent academics |
can cover partial tuition fees and living expenses |
Designed to support international diversity |
Accommodation Type |
Description |
Cost per Month (USD) |
|---|---|---|
|
On-Campus Housing |
Single room in student dormitories |
$300 - $600 |
|
Shared Off-Campus Apartment |
Shared apartment, private bedroom |
$400 - $700 |
|
Private Off-Campus Apartment |
Single-occupancy apartment, various amenities |
$600 - $1,000 |
|
Studio Apartment |
Private studio apartment, includes kitchenette |
$700 - $900 |
|
Homestay |
Room in a local family's home |
$450 - $600 |
Rigorous Curriculum: Students engage in a challenging and stimulating curriculum, focusing on various aspects of business, finance, and management.
Diverse Student Body: GBS likely attracts students from around the world, offering a multicultural environment that enhances learning and personal growth.
Industry Events: Given Frankfurt's status as a financial hub, there are likely many opportunities for networking with professionals through seminars, guest lectures, and corporate events.
Career Services: GBS probably offers robust career support, including workshops, career fairs, and one-on-one counseling.
Modern Facilities: As part of Goethe University, GBS students likely have access to state-of-the-art facilities, including libraries, computer labs, and study spaces.
Recreational Facilities: Access to university sports facilities, clubs, and various student organizations.
Cultural Exposure: Frankfurt is a culturally rich city with museums, art galleries, theaters, and historical sites.
Social Scene: The city offers a vibrant social scene with numerous restaurants, cafes, and bars, catering to a diverse international community.
Green Spaces: Frankfurt includes many parks and green spaces, providing a pleasant environment for relaxation and outdoor activities.
Housing Options: Students at GBS can choose from on-campus dormitories, private apartments, or shared housing in the city.
Living Expenses: While Frankfurt is one of the more expensive cities in Germany, it offers a range of living options to suit different budgets.
Volunteering Opportunities: There might be opportunities to engage in community service and social projects, enhancing the experience of giving back to the community.
Dedicated Services: International students likely receive support with visas, accommodation, language barriers, and cultural adjustment.
University Events: Regular events such as cultural nights, festivals, and sports events.
Clubs and Societies: clubs and societies cater to a wide range of interests, from business and finance to arts and culture.
Career Services: GBS likely has a dedicated career services department that provides support in career planning, resume building, interview preparation, and networking.
Recruitment Events: Business schools often host job fairs and recruitment events where students can meet potential employers.
Finance and Banking: Given Frankfurt's status as a financial hub, many graduates may find opportunities in banking, investment firms, and financial services.
Consulting: Careers in management, strategy, and IT consulting are common paths for MBA and business master's graduates.
Corporate Roles: Positions in multinational corporations, especially in areas like marketing, operations, human resources, and strategic planning.
Entrepreneurship and Startups: Some graduates might venture into entrepreneurship or join startup companies.
Non-Profit and Public Sector: Roles in governmental agencies, international organizations, and NGOs.
Graduates from GBS are likely equipped with skills in strategic thinking, leadership, financial analysis, marketing strategies, and international business, making them suitable for a variety of roles.
Networking Opportunities: Alumni networks can be a valuable resource for job opportunities and professional connections.
Industry Connections: The proximity of GBS to major companies in Frankfurt can be beneficial for internships and employment.
Program Demand:
Popular programs like the MBA and specialized master’s degrees (e.g., Master of Finance, Master in Digital Transformation Management) tend to attract a large number of applicants, making admission more competitive.
Academic and Professional Background:
Academic Qualifications: Applicants typically need a strong academic record, particularly in relevant fields.
Professional Experience: For MBA and Executive MBA programs, significant professional experience is often required. Demonstrating leadership potential and relevant industry experience can enhance your application.
Application Materials:
Resume/CV: Detailed documentation of professional experience, educational background, and extracurricular activities.
Personal Statement/Essay: A compelling narrative explaining your motivation for applying, career goals, and how the program aligns with these goals.
Letters of Recommendation: Strong endorsements from academic or professional references.
Language Proficiency: Proof of English proficiency through standardized tests such as TOEFL or IELTS, if applicable.
Interviews:
Some programs may require an interview to assess the applicant’s fit for the program. This can be an opportunity to demonstrate your motivation, communication skills, and readiness for the challenges of the program.
Goethe Business School (GBS)
Goethe University Frankfurt
Westend Campus
Theodor-W.-Adorno-Platz 3
60629 Frankfurt am Main
Germany
Westend Campus: The Westend Campus is one of the main campuses of Goethe University Frankfurt. It is renowned for its striking neoclassical architecture and modern facilities, providing a picturesque and conducive environment for learning.
Accessibility: The campus is well-connected by public transportation. You can reach it easily by U-Bahn (subway), tram, and bus. The nearest U-Bahn station is "Holzhausenstraße" (U1, U2, U3, U8 lines) and "Westend" (U6, U7 lines). The campus is also accessible by bicycle and has ample parking for those driving.
Facilities: The campus offers state-of-the-art facilities, including modern classrooms, lecture halls, seminar rooms, libraries, study areas, and dining options. The lush green spaces and parks around the campus provide a relaxing environment for students.
Nearby Amenities: Located in the heart of Frankfurt, the Westend Campus is close to various amenities such as cafes, restaurants, shops, and cultural attractions, making it a vibrant place for students to study and socialize.
