MS in Quantitative (Accounting/ Economics/ Finance/ Marketing) 

at Goethe University Frankfurt, Frankfurt

The eligibility criteria and language requirements for applying to different programmes offered to international students at Goethe University are given below:

Eligibility Requirements for International Undergraduates —

Students must have completed their schooling with a certificate equivalent to the German Abitur. For some courses, students have to take aptitude tests. It is also necessary to meet specific language requirements.

Eligibility Requirements for International Graduates —

Students must have a bachelor's degree from a recognised institution to become eligible for PG programs at Goethe University. Aptitude tests are also necessary for some courses. Furthermore, specific studies have different eligibility requirements, and students should go through their course brochure to check these.

English Requirements for International Students —

International students coming from non-English-speaking countries, such as India, need to prove their language proficiency in English and German. This can be done through either of the following standardised exam scores:

Exams Accepted	Minimum Score Required
English Tests
IELTS Academic	Overall 7.0
PTE Academic	58 or above
TOEFL  (iBT)	100 or above
German Tests
TestDaf	TDN4
DSH	Level 2
KMK Examination	C1
Goethe Certificate	C2

Note: These are generic requirements for graduates and undergraduates aspiring to study at the university. Some of the courses may have higher score requirements or different academic and language requirements.

Please refer to the intended course page on the university website to check the exact limit on each course.

Yes, the university offers good accommodation facilities for international students. Currently, seventeen dorms offer more than 18,500 rooms for students. It is best for students to apply for accommodation as soon as possible because the university allocates housing on a first-come-first-served basis.

Accommodation Details

Goethe University mainly provides two types of accommodation to international students. The details of the accommodation facilities offered by the university are:

1. Flat Shares

In flat shares, students share an apartment where they get independent rooms while sharing a kitchen and bathroom with other students. Flat shares are relatively cheap, starting at 300 euros based on size, facilities, and area.

2. Rental Apartments

In rental apartments, students get an entire apartment to themselves, including a kitchen and bathroom. Additionally, utilities such as water and electricity are charged separately. The average cost of rental apartments is 500 euros based on the size, facilities, and area.

Accommodation Application

Students need not wait till admission confirmation. They can apply for accommodation online simultaneously while applying for admission. Goethe University offers various types of accommodation such as furnished and unfurnished one-room apartments and communal rooms for leisure activities. The rental period of university accommodation is a maximum of 4 years.

Accommodation Cost

The accommodation cost at Goethe University is between EUR 210 and EUR 500 per month based on the size and amenities and whether students select an apartment or a single room.

Please be aware that the rent that is quoted is usually just the basic rent (in German Kaltmiete). On top of this, you will have to pay utilities and charges such as heating, water etc.

Cost of Living

The living expenses for international students have been specified by the university as follows:

Expenses	Cost (in EUR)
Accommodation	400 (approximately)
Food	182
Clothes	53
Semester fees (further information see below)	369,89 (approx. 62 per month)
Communication	33
Leisure	80
Study resources	39
Health	72
Savings	27
Grand total	948

Source: Goethe University

1 Euro = INR 91.03

International students must keep into account these and other miscellaneous costs along with the tuition fee while preparing their overall budget.

Note: Living costs vary depending on students’ lifestyle choices. Additionally, housing and dining rates are subject to change with progressive years. To know the exact costs of on or off-campus accommodation, please check the university’s accommodations webpage.

Students have to pay an application fee based on the courses they choose. For the first desired course of study, students have to pay an application fee of 75 Euros. For any additional course, an application fee of 30 euro must be paid. Students may pay the application fee through a credit card or bank transfer after registering on the university's online portal and submitting application requests with the necessary documents.

The Goethe Business School offered part-time master’s programs MBA, MA, and M.Sc. MBA in Pharma and Digital Transformation Management, Master in Finance, and Master of Global Finance and Economics are popular business programs at GBS.

The university announces its results in a few weeks after a complete application is received. All the decisions are announced online. Please note that all the student-specific communication from the university is done via email or the portal so students must keep checking for notifications regularly.

Following are the admission documents required for admission in Goethe University:

UG Documents

Graduation proof from high school or school leaving certificate
Academic reports
English test proficiency
German test proficiency (minimum B1)
TestOS test proficiency (depending on the program)
Valid passport copy
Participation confirmation of OSA (online self-assessment)
Receipt of payment (if required)

Graduate Documents

UG degree
Academic reports
English/German test proficiency
Aptitude test (for some programs)
Valid passport copy

Note: Document requirements may vary with different programs. To check the exact requirements, please refer to the intended course page on the university website.

International aspirants may apply to Goethe University online via dedicated online application portal. The step-by-step application process for all programmes at the university is the same and explained given below:

Visit my.uni-assist.de to go to the uni-assist portal.

Select the university name Goethe University and the desired course.

Create an account on the uni-Assist portal and fill in your application form.

Fill in your general information.

Enter your educational history.

Next, wait for the results.

Goethe University provides a scholarship worth 500 euro per month for a maximum of 6 months to international students. Students need to register for final examinations and undertake an undergraduate, postgraduate, or state exam thesis, with written confirmation from the examination office to apply for the scholarship. For application approval, the application form and other documents must be handed over in person and within the given deadline.

DAAD Scholarship for International Graduates and Undergraduates: DAAD scholarships support national and international students with a variety of scholarship programs. This scholarship applies to students who have completed their undergraduate courses. It focuses mainly on postgraduate studies and on students who want to pursue their PhD in Germany. Students must apply for a scholarship within 15 months of arriving in Germany. International students can also apply for this scholarship via the German embassy from their home country.

Note: Scholarship deadlines and amounts may vary with progressive years. Students must check the exact deadlines and minimum requirements with their respective departments and apply for the desirable awards on time to make their profiles considerable.

For more details on the scholarship application process and deadlines, please visit the university’s scholarship webpage.

The Goethe University Frankfurt has four campuses located at Westend, Bockenheim, Riedberg, and Niederrad. The main campus is located at Westend. The campus offers programs in history, law, social sciences, psychology, business administration, economics, archaeology, philosophy, theology, pedagogy, philology, and human geography. This campus also has several restaurants and cafes and a beer garden. The Bockenheim campus houses the university library, sports complex, academic buildings, and laboratories of mathematics, art history, computer science, and fine arts. Riedberg campus is a seat to faculty of natural sciences and the Otto Stern Centre which is the lecture hall center and a student-faculty gathering venue. Niederrad campus is home to the university hospital and medical faculty. Each of these campuses is conveniently-located and boasts of its state-of-the-art facilities.

According to the Times Higher Education PG Business Rankings 2023, Goethe University Frankfurt has a ranking of #401-500 and a ranking of #401-450 according to the QS Engineering and Technology Rankings 2023. Some of the other course rankings of the university are given as follows:

Year	Times Higher Education- PG Business and Economics	QS- Engineering and Technology
2019	201-250	392
2020	251-300	401-450
2021	301-400	451-500
2022	251-300	390
2023	401-500	401-450