@frankfurtadm

Hey Sumit,

Thanks, you've answered my questions to best of my satisfaction.

Thanks!

@yogi_2032 Hi, thanks for your message. to answer your queries in order:

@amolkagarwal

Hi Sumit,

This thread mostly answers all the questions related to Msc Finance, however there is little said about the Msc Management program.
I have a couple of questions regarding this.

Is the program popular amongst students specifically Indian, if not why?

Are there suitable opportunities for Grads of this course in Germany and is it comparable to Msc Finance in terms of salaries, placement percentage etc?

Msc Finance still finds a ranking in FT, why not this one?

Msc Finance in FT shows 100 percent placement of 71 percent students they could get data of, any idea why not full 100 percent students could be taken into account?

Also if the program offers need based scholarships, what is the average GRE score required for acceptance?

Thanks!

Yes please send your CV to my email id in order to assist you further. You can obtain my email from the Frankfurt School India official webpage.

Dear Sumit,

Dear Joannetp,

Dear Sumit,
I am a student majoring in International Relations and minoring in Economics at a prestigious university in Taiwan. I am very interested in the management/finance programms that FS has to offer and prepare to apply for fall 2013. I was hoping that you could take a look at my profile and tell me what my chances are of getting in.

1. I only have a minor in economics and not a degree in business administration. I have taken some classes from the business administration department but do not have a degree. Would that be a problem when applying?

2. I have a lot of extracurricular activities and international experiences, but never really did an internship with a company. Is this ok?

3. I have a toefl ibt of 115, but it has just expired. I am planning on taking IELTS some time in December.

4. I will take the GMAT early next year. Could you tell me the average score of the students that you have taken in?

5. I did an exchange student program in Heidelberg, Germany last year.

6. I have gone to school in the U.S. and Switzerland when I was a kid, is that a plus?

I have actually talked to a representative of FS at the educational fair in Taipei a few weeks ago. He encouraged me to apply for the master in international business programm, which I couldn't really find any info on, whereas I know that the master in finance of yours is ranked 6th by Financial Times. It would be nice if you could share some thoughts with me about the prospects of the three programms (master of finance/ management/ international business).

Thanks a lot!

@niks15 Hi Niks15, I am happy to hear that you plan to apply for MoF, Fall 2013. To your queries in order...

Hi Sumit ,

Hi Amol, Apologies for a bit delayed answer. 1. There are few full & few part scholarships available at FS. Full scholarships would waive the complete tuition fee where as part scholarship would help in some reduction of tuition fee. Criteria is student has to be best in academics and should have overall good GMAT/TOEFL score.

Dear sumit
I have PMed you my details.
Could you please throw some light on the following-
1). Scholarships, as in what are the different scholarships available, the quantum and eligibility. (I am asking at the cost of repeating as few details mentioned here differ from what is mentioned on the website, getting first hand info from you would help me ascertain my finances better)
2). Any part time jobs on the campus/otherwise that may come in handy.
3).What is the duration that a student from a 16month course can stay in Germany to look for employment post the course completion.

Hi Amolk,

As i just said in my previous posting, FS Foundation offers some full and part-time scholarships. The STIBT scholarship is funded by DAAD together with FS Foundation and are currently offered to 13 students coming from developing countries. The scholarship offers Euro 440 per month as a support for living for the initial 6 months of starting at FS.

The students passing our from Frankfurt School gets placed in Multi-national banks, consulting firms, corporate houses. I can send you the list of our regular recruiters from last 2 years and could also share with you the report on our graduates, where they are working and their average salary, etc. Send me your email address directly to get this information. Due to data protection in Germany, name of student and company could not be published on this forum. The FS maintains of of the biggest alumni network in Europe from the banking & financial industry.

Kind regards,
Sumit

Dear Amolk,

To your queries raised in previous message:

1. Frankfurt School has excellent track record as far as the jobs are concerned. 99.9% of all our Bachelor's & Master's graduates get the job within 3 months of passing out from the University. Frankfurt School also ranked no. 9 globally by recently published FT rankings concerning salary. The starting salary of our graduates are US$ 70K p.a. The economic scene has become a cycle in the globalized world. No one can predict what will happen next. Right now Germany is the strongest performing economy in the EU and is the major reason why Euro is still holding out. By the time, student graduates, it could be the best of economic situation or the worst. But, I do not think that it will take 2-3 years for Europe to come out of the crisis. You study at time of crisis only to come out better and get the best of opportunity.

2. No issues as far as the Visa's are concerned. You need to apply in time and with all the required documents. Germany is opening up for students, why would they create a problem genuine applicant.

3. For next year the fee for Master of Finance program would be Euro 33,500. you can keep around 12000 euros more for 16 month of your stay/study period

4. There are few full scholarships/some part scholarships and some monthly scholarships available from FS Foundation. The scholarship application is automatic and you do not have to apply separately for any of the above mentioned scholarship. Having an MBA does not affect your chances to get admitted to the program.

5. Yes, you can take 5 weeks or 2 months German intensive course at Max-Mueller bhawan. German classes would also be offered on regular basis as a part of curriculum or as an elective while you are studying at FS in Germany.

6. There are lot of Indian students currently studying the M.S.c Finance program at FS. Please join our facebook India webpage in order to get connected with them directly.

Thanks,
Warm regards,
Sumit Rai

Hi Sumit
I had a look at the scholarship info on the FSFM website.
They have two kinds of schols - 1. Frankfurt school (2 nos) and 2.Stibet schols (4 in nos.) am I right?
Also the Stibet schols shall pay a cost of living subsidy of 600 euros from Sep to Dec only in the entire year as mentioned on the web site ?
Could you clarify/elaborate ?

Also there is no information as to how and where the students work/were placed after the program. Kindly throw some light if possible.

All this shall help me take a decisive opinion on Masters in Finance course at FSFM.
Thanks!

HI Sumit
My acads are as follows -

X- 80%
XII-81%
BTech-61%
MBA-66.6%
I have been working as a credit risk analyst for the last 1 year in the corporate banking group at SBI.
I have the following q`s-
1. how are the job options for MSc grads from FS in Germany/EU given the deteriorating economic health in the region.
2.Do international students face issues related to Visa?
3. I am looking at approx 30,000 euro plus around 20000 euro towards living expenses for 16 months.
Could you please throw more light on the scholarships/part time working opportunities? Also does having an MBA already affect the candidature ?
4. I am sure you would advise one to start taking german classes before arriving at FS.Max Mueller in indian cities should be good as the same classes cost higher in Germany ?
5. Any indian students presently pursuing this course- MSc in finance?
Thank you for your responses.

Hi,
Apologies for little late in response. To answer your question:
1. Lot of activities are happening in terms of increased industry participation for our program. A recent example is setting up f the Advisory board only for our MBA-IHM program. (more information could be found on our website on advisory board). The role of the advisory board would be to help the program directors develop the curriculum, improve the existing one and to bridge the gap between academia and industry.

2. For September 2012, we have people coming from UK, Germany, India, Saudi Arabia, Nigeria, US, Pakistan, and many other countries. Final list would be available soon.

Best
Sumit

Hi,

There is no specific material for FSAT. But, if you have prepared for CAT/GMAT/MAT/CET exams in India, you can take guidance from the above tests. Once you register with us for FSAT, we send you the specific format of the test as an example to give you an idea about the types of question to expect.

Best
Sumit

Hi Sumit
I wish to pursue the Master in finance course at FSFM. Kindly advice wrt to my profile-
GMAT-680 (will be 4 yrs old by Dec 2012, will retake as planning for 2013 intake)
BTech(2007)
WE- IT , 2years (2007-09)
MBA-NMIMS Mumbai-62% (2009-11)
1 year till now(Credit Analyst with india`s top bank) (2011-till date)
French language elementary proficiency.
Will I be eligible for a scholarship if I take the internal FSFM exam ?
Your views.

Hi Amolk,
Thanks for writing in. Your profile is good to apply for Master's program in Finance at Frankfurt School. Your GMAT would still be valid when you apply for September 2013. How much you scored in your engineering? You need to take TOEFL or IELTS as well when you apply to FS for next intake. With 680 GMAT you would have a chance to win scholarship, but partial or full is something which need to be ascertained by next year and depending on the profile of other applicants. You do not need to take internal FSFM exam, if you already have GMAT and is valid. The decision on scholarship are based on the following factors:
1. Outstanding academic record
2. GMAT/GRE score
3. TOEFL/IELTS score
4. Work experience
5. Extra-curricular activities &
6. International exposure/internships


Best
Sumit

Hi Sumit,

Regarding the FSAT:

The FSAT is a 2 hour long exam and test student on the following parameters:
1. Verbal Reasoning
2. Quantitative Reasoing
3. Comprehension &
4. Essay Writing

Are there any study materials or guidelines to prepare for this Assessment?

Hi Sumit
I wish to pursue the Master in finance course at FSFM. Kindly advice wrt to my profile-
GMAT-680 (will be 4 yrs old by Dec 2012, will retake as planning for 2013 intake)
BTech(2007)
WE- IT , 2years (2007-09)
MBA-NMIMS Mumbai-62% (2009-11)
1 year till now(Credit Analyst with india`s top bank) (2011-till date)
French language elementary proficiency.
Will I be eligible for a scholarship if I take the internal FSFM exam ?
Your views.

Hello,

Interesting discussion about the MBA in Healthcare. I'm also contemplating it. Could you help me with 2 questions? - What is being done to move up in the rankings? - From which countries are students coming from this year?

Thanks!!!!!!!!!!

Hi Atanas,

Give me your contact details per separate email (you can get it from the FS website) and also the exact date you would be in Frankfurt. I would put you in contact with some of the Indian student, who would be glad to take you around.
I think you did made a right choice deciding on FS and I sincerely hope that you would not be disappointed. As you are a researcher itself and already identified "Centre for Development Finance" for your further area of interest, do get in contact directly with IAS department, or let me know so that I can put you directly with someone at the department. There are lot of opportunities exist for eager students like you to make it big within FS or outside.

On a lighter note, there are lot of students from Bulgaria joining FS this year in Master of Finance and also other programs.

Best
Sumit Rai

Hey Sumit,

Yes, please be so kind to arrange a meeting with smb, FS Buddy or someone else. The date changed from the 25-27, cause I could not find a decent hotel. I believe I will need some help regarding my whole MOVING TO FRANKFURT thing.

Yeah, when I put all the possible variables into the equation and made the prediction, it seemed that Frankfurt was the better choice. I was waiting till the last minute cause I was comparing it to Bocconi (originally my first choice which also accepted me), but I did not feel like studying in Milan (dont like it, been there) and then working in London(Bocconi places a lot of ppl there.) The starting salary in London is quite low given the standard of living in the frikin' city! I have faith in the program, I hope it will not disappoint me regarding job prospects; I would be quite displeased. Out of the 9 universities I applied to (including Manchester, Amsterdam, Tilburg to name a few), 8 accepted me.

For me it was very important to see that a lot of conferences are made at FS and there a lot of centers that work with the industry. I think that FS should make this even more solid and obvious in their attempt to attract foreign and German talent. US and UK schools get a lot of props because they are able to do just that. Working close with the industry, securing its students a placement at notable institutions, and producing solid research are the keys for FS and other German universities to prove to the rest of the world that this country is still a powerhouse and its universities are not "mediocre'' as one article from the Econimist stated.

Germany's mediocre universities: On shaky foundations | The Economist

Hi,

For MBA in International Healthcare Management, the minimum requirement is 3 yrs of work experience. We do not need a GRE/GMAT for this MBA program. It is an Executive MBA program, part-time in nature and is in a modular format. Please refer to our website for further information on the program.

Thanks,
Sumit Rai

Hi Nas,

Sorry for not able to respond earlier. I would have loved to take you around Frankfurt on 19th or 20th June, but, unfortunately, I am based out of India and not in Frankfurt:-) However, if you like I could arrange for you, someone at FS to show you around and perhaps also help you in a city tour. On the lighter side, I noticed that you have accepted our admission offer. CONGRATULATIONS!

Kind regards,
Sumit Rai

Hi,
I have completed my bachelors in pharmaceutical sciences from Mumbai university last year. I am working with Springer Healthcare (HQ in Heidelberg, Germany) since 1 year. I am interested in the MBA in Healthcare management Supplier side concentration.
I have a GRE(new) score of 320.

Now my questions are:
This school primarily comes to me as a Finance institute. So how good are they in terms of marketing concentration?
How is the course like - part-time or full-time?
Do I need to give the GMAT or GRE is just fine?
Thanks

Hey Sumit,

I'm comming to Frankfurt on the 19th. I want to check out some apartments, the school, and talk to some of the faculty. I am interested in getting employed at the Centre for Development Finance. Want to spare a day to take me around, possibly on the 19th or 20th?


Atanas

By the way,
How sure can I be to get a 18-20 hr work part-time? I do not want to accept and pay the 5,880 euro and be screwed afterwards. This is crucial for me Sumit. The fee at FS is the highest of all the unis I've been accepted at, no scholarship so far, and it is the only uni program during which I would have to work. So, what I am saying is that I am looking for something to make me feel confident in the working prospects (I will also study German during that time). Leave behind the job prospects after you graduate and you know at least intermediate German--job prospects are plenty.
Any internationals that you know getting a job off-campus without German? Is there a 100% chance that I will get a job on-campus for 10-11 euro as you said? Can I apply and get it before physically been at FS?

P.S. I really like the fact that the university puts a lot of emphasis on implementation of theoretical concepts and works close with the industry. The fact that I see so many research centers sponsored by corporations for the development of practical ideas is an indicator I favor. On another note--the campus looks gorgeous. You should put more pictures of the environment around it, students, and most importantly--facilities. I heard from Prof. Martin Diedrich that there are bloomberg terminals, but what about the richness of the library as far as new economic/business journals and new finance/economics/management/ book editions? Sports center?

I am telling you, this will be the thread about FS that everybody will look at as a reference :)

Warm wishes

Nas

Hey,

It will be great if you can give me the contact details of some of Indian students, as long as they are looking for an apartment to share with 1, or 2 people.The cheapest studio apartments I could find were at 550 euro (only for myself) and none included electricity. Still good for Western Europe.

My name is Atanas Nedyalkov. I am from Bulgaria.

Warm wishes.

Hi,

International Office will reply as soon as you accept our admission offer. Ostpol could be a good choice. The average rent at FS boarding houses range between 380 - 430 Euros per month, depending on single or double occupancy. You are welcome to make your choice. The rooms are still available. Regarding getting in contact with other students at FS, I can put you in contact with some Indian students, joining FS this September. You can check if they would like to share an apartment with you. Can I have your name and the country so that I can ask the International office to help you with your requirements. Also, Join the following group on facebook.

Log In | Facebook

Kind regards,
Sumit

It is not like this my friend. I just got but busy with lot of last minute stuff, towards the deadline. I hope the answers were helpful to you. Please feel free to contact me anytime for further queries, which you might have.

I am happy to assist students from any part of the world:-), bytheway, have you decided finally to join FS?

Warm wishes,
Sumit

I was just joking ;)

Within a week 1 more uni will reply, but I am leaning towards FS for now, mainly because of the working opportunities.

Regarding the housing: should I reserve a room at Ostpol given there are any left or can you give an idea how to hunt for an apt? I receive online updates from a german housing website and the rooms avg 400 euro/month. I also wrote to the international office if they can give me contacts of other international students so we can share an apt together and have it cheaper by dividing the cost, rather that paying a larger sum individually. No reply. I do not mind sharing an apt, however I want my private room.

Thanks for the info Sumit, really appreciate it.

If you can target 600 and above, you have a fair chance to make it to Master of Finance at FS.

Regards,
Sumit Rai

Thanks for the answer...
I have one more question... Considering all things listed above, what should be my target score on re-taken GMAT?
Thanks

Hi,

GMAT of 560 is not sufficient to provide you with the admission point in final evaluation. However, you can definitely apply. Secondly, your graduation score does not help either. The two things in your favor are your IELTS score and your international experience. 31st July is the official deadline to apply for Master's program at FS for EU and German citizens. For all non-EU citizens the deadline to apply was 31st May, which got over yesterday.
In your case, I believe you do not need a Visa to come to Germany for study. this gives you enough time to re-appear for GMAT and better your chances to make it to FS Master's program. If Visa is a constraint, than I would say you should apply and wait for the final outcome. But, there would be no guarentee for admission.

Kind regards,
Sumit Rai

Hello everyone,

I am very interested in studying programme MSc in Finance. However my grade average from my bachelor studies is only average. So I have received an email from Ines Obenauer that I can compensate this "imperfection" with good GMAT score.
So I have taken the GMAT on 29th of May. My quant.section was quite good with score 45 (71percentile) but verbal weak (23, 29percentile).Total 560. Now I see that the application deadline has been extended to 31 July.
I have also 1year work experience as I work in Ernst&Young; Audit Prague and my international experience can be considered 5years living in Prague -study+work (I am Slovakian).
My IELTS score is overall 7.0.

So what do you suggest? Re-take the test or is it sufficient? Do you think that there are still plenty of vacant places, as they have extended this deadline?

Thanks everybody for all answers and suggestions...

The video is shot somewhere in 2008, the time when the banking crisis happened across the globe. The bankers were mainly blamed for bringing recession to the global economy. The views mentioned about the promotional video of Deutsche bank, is a result of frustration and timing of the crisis and the event. Most of the views/comments are personal liking & disliking about the banking industry as a whole. It definitely does not reflect what Frankfurt School as University stands for. We produce bankers and professionals for the industry with state of the art research & techniques, but when the "greed takes over", the after affect casts shadows on the pedagogy of teaching and the history of individuals.

Thanks,
Sumit Rai

FFQ1 Says

What up man, I'm not Indian so no attention for me any more :)

It is not like this my friend. I just got but busy with lot of last minute stuff, towards the deadline. I hope the answers were helpful to you. Please feel free to contact me anytime for further queries, which you might have.

I am happy to assist students from any part of the world:-), bytheway, have you decided finally to join FS?

Warm wishes,
Sumit

Hey Sumit,
Links: Jubilumskonferenz@Frankfurt School of Finance & Management - YouTube
(DE) Frankfurt School of Finance & Management Overview - YouTube
Im based in EU, but this was the only good info about FS I found outside the uni website itself (like I said, Im using everything I can )
I am talking about the Master in Finance program. I wonder if I should work part time an do it for 4 semesters, or do it for 3 semesters without working (lets face it, If I do the intense track,there won't be time for work).
Therefore I need to have a close estimate of what I would earn in order to break-even with the 4 semester load compared to the 3 semester. The tuition cost would be about 9,000 more plus living costs. If I get a room paying 400/month plus utilities (about 80) + cooking and random expenses...would be about 800 monthly I think. Any idea how much finance students working outside campus are getting the least or avg? Also, you said the career services help new students find part time job off campus right? (besides helping to find full time after grad).

Thanks for all the answers by the way. You are doing a great job.

Hi,
I have submitted the link to my marketing department and await response.
Ok, master of finance is almost 15 years old program and got a very good history. So you can be rest assured about your career prospects after the program. Well, you are right about your estimated expense per monthan it is between 650-700 euros per month, and tends to vary depending on the life style. Usually, I would advice my students to go for 2 years of program rather than fast tracking to 16 months and putting themselves under lot of stress. When you go abroad, it is just not studies which you do. You experience lot of things, and when its Europe, it is living so many diversity at one time. This is difficult in 16 months. In your case, since you are EU citizen, the above does not apply. You can go for 16 months program, therby saving money on living expenses. You would find it hard to work part-time if chosen 16 months fast track program. As I suggested previously,Euro 10-11 is what you can expect working part-time per hour.

Yes, the career service department, does help student to find part-time jobs during the time of studies, apart from full-time opportunities, once the course is complete.

Kind regards,
Sumit Rai

What up man, I'm not Indian so no attention for me any more

Hey Sumit,
Links: Jubilumskonferenz@Frankfurt School of Finance & Management - YouTube
(DE) Frankfurt School of Finance & Management Overview - YouTube
Im based in EU, but this was the only good info about FS I found outside the uni website itself (like I said, Im using everything I can )
I am talking about the Master in Finance program. I wonder if I should work part time an do it for 4 semesters, or do it for 3 semesters without working (lets face it, If I do the intense track,there won't be time for work).
Therefore I need to have a close estimate of what I would earn in order to break-even with the 4 semester load compared to the 3 semester. The tuition cost would be about 9,000 more plus living costs. If I get a room paying 400/month plus utilities (about 80) + cooking and random expenses...would be about 800 monthly I think. Any idea how much finance students working outside campus are getting the least or avg? Also, you said the career services help new students find part time job off campus right? (besides helping to find full time after grad).

Thanks for all the answers by the way. You are doing a great job.

Hi,

I have the link for the research and data which you have seen. If you like I can share it with you.

I would still request you to send me the link for this video which has been hated by so many people. I would really like to go deeper and understand the reason.

Are we talking about Master in Management (as new program)? This is indeed a new program offering by FS, with a clear focus in banking & manufacturing as specialization. We still have to assess how well this program get accepted in national & international students. Continue with your research, and I am happy that you bring so many issues to the forum, It will also be basis for other students to understand FS better.

You would require to pay close to Euro 1,000 for the 500 plus hours of German classes. This is not a part of curriculum and is offered to international students to help them build on their language skills. It is possible to take these German classes in parallel to the curriculum.

As an EU or International students, you are now allowed to work 120 days full-time instead of earlier 90 days. 20 hrs per week is the normal allowed legal hours, where you can work on-campus or off-campus. It would also depend, if you choose 3-day a model or 5 day a model classroom (only valid for Master of Finance program). I don't know much of your profile and background study, so cannot comment on the job possibilities for you based on your profile. Also, you are now allowed to stay 18 months in Germany instead of earlier 12 months (1 year) post study to look for the job, in case you do not get placed by our campus. Moreover, you can also take up odd jobs to sustain your livelihood while searching for the right job based on your profile, which was not allowed earlier. This definitely makes Germany more attractive destination for international students, to study quality education and also to earn some money to recover their investments.

Yes, the career service do help in getting part-times jobs for students and also internships. That is exactly the job of career services. You can make between 10-11 Euros per hour, while working part-time on campus.
We recently shifted to a whole new website, and some glitched remains, the German page of career services is one of them. It will soon be converted into English language.

Not a problem, keep raising you queries and I would be more than happy to answer them. I would also like to know more about you? Are you based in India or in EU country?

Thanks,
Sumit Rai

Hi,

I have the link for the research and data which you have seen. If you like I can share it with you.

I would still request you to send me the link for this video which has been hated by so many people. I would really like to go deeper and understand the reason.

Are we talking about Master in Management (as new program)? This is indeed a new program offering by FS, with a clear focus in banking & manufacturing as specialization. We still have to assess how well this program get accepted in national & international students. Continue with your research, and I am happy that you bring so many issues to the forum, It will also be basis for other students to understand FS better.

You would require to pay close to Euro 1,000 for the 500 plus hours of German classes. This is not a part of curriculum and is offered to international students to help them build on their language skills. It is possible to take these German classes in parallel to the curriculum.

As an EU or International students, you are now allowed to work 120 days full-time instead of earlier 90 days. 20 hrs per week is the normal allowed legal hours, where you can work on-campus or off-campus. It would also depend, if you choose 3-day a model or 5 day a model classroom (only valid for Master of Finance program). I don't know much of your profile and background study, so cannot comment on the job possibilities for you based on your profile. Also, you are now allowed to stay 18 months in Germany instead of earlier 12 months (1 year) post study to look for the job, in case you do not get placed by our campus. Moreover, you can also take up odd jobs to sustain your livelihood while searching for the right job based on your profile, which was not allowed earlier. This definitely makes Germany more attractive destination for international students, to study quality education and also to earn some money to recover their investments.

Yes, the career service do help in getting part-times jobs for students and also internships. That is exactly the job of career services. You can make between 10-11 Euros per hour, while working part-time on campus.
We recently shifted to a whole new website, and some glitched remains, the German page of career services is one of them. It will soon be converted into English language.

Not a problem, keep raising you queries and I would be more than happy to answer them. I would also like to know more about you? Are you based in India or in EU country?

Thanks,
Sumit Rai

Hey Sumit,

Appreciate the quick response.
To answer some of you questions:
1. I saw a couple of rankings: some were broken down to research, helpfulness of faculty, international aspect, etc...Usually FS was ranked high in most aspects, but there was one particular ranking made by employer responses that ranked FS 6th; Ill ask my dad for the link.
For the youtube videos: I am talking about responses of some haters to advertising videos made by FS; I know that there is ALWAYS smb hating, but it was odd that they were so many given the amount of ppl who saw the video. There is limited info about FS out there, so I am trying to use all the resources I can.

It is true that it is a new program and even though it may be good, it is not at the spotlight as other international programs; Also, I do not believe everything that the rankings say is true--FT places a lot UK schools in the top and does not give enough weight on things such as job placement and and starting salary. So, to continue with my inquiries :)
Do I have to pay extra for these German courses and are they a part of the regular curriculum or they are smth negotiated b/n students--lecturers as private sessions?
Also, I have EU citizenship: how many hours can I work (given 3 day classes) outside campus and is it possible to find part time job in my field with basic German(I thought you may have some info, even though it is not too much on topic)?
Does the career service post part time jobs or help you find one?
Any info on hourly wage in on-campus jobs?
Why is the career services website only in German? So does that mean no German=no job?

I have really narrowed it down to very few unis, and FS is one of them so this is why I am grilling you on all that.

Thanks

Hi,

I have the link for the research and data which you have seen. If you like I can share it with you.

I would still request you to send me the link for this video which has been hated by so many people. I would really like to go deeper and understand the reason.

Are we talking about Master in Management (as new program)? This is indeed a new program offering by FS, with a clear focus in banking & manufacturing as specialization. We still have to assess how well this program get accepted in national & international students. Continue with your research, and I am happy that you bring so many issues to the forum, It will also be basis for other students to understand FS better.

You would require to pay close to Euro 1,000 for the 500 plus hours of German classes. This is not a part of curriculum and is offered to international students to help them build on their language skills. It is possible to take these German classes in parallel to the curriculum.

As an EU or International students, you are now allowed to work 120 days full-time instead of earlier 90 days. 20 hrs per week is the normal allowed legal hours, where you can work on-campus or off-campus. It would also depend, if you choose 3-day a model or 5 day a model classroom (only valid for Master of Finance program). I don't know much of your profile and background study, so cannot comment on the job possibilities for you based on your profile. Also, you are now allowed to stay 18 months in Germany instead of earlier 12 months (1 year) post study to look for the job, in case you do not get placed by our campus. Moreover, you can also take up odd jobs to sustain your livelihood while searching for the right job based on your profile, which was not allowed earlier. This definitely makes Germany more attractive destination for international students, to study quality education and also to earn some money to recover their investments.

Yes, the career service do help in getting part-times jobs for students and also internships. That is exactly the job of career services. You can make between 10-11 Euros per hour, while working part-time on campus.
We recently shifted to a whole new website, and some glitched remains, the German page of career services is one of them. It will soon be converted into English language.

Not a problem, keep raising you queries and I would be more than happy to answer them. I would also like to know more about you? Are you based in India or in EU country?

Thanks,
Sumit Rai

Also, 1 more thing:
Who are the members of Verein zur Foerderung der Bankakademie? How can I get in touch with one and get a 25% reduction in tuition?

Hey Sumit,

Appreciate the quick response.
To answer some of you questions:
1. I saw a couple of rankings: some were broken down to research, helpfulness of faculty, international aspect, etc...Usually FS was ranked high in most aspects, but there was one particular ranking made by employer responses that ranked FS 6th; Ill ask my dad for the link.
For the youtube videos: I am talking about responses of some haters to advertising videos made by FS; I know that there is ALWAYS smb hating, but it was odd that they were so many given the amount of ppl who saw the video. There is limited info about FS out there, so I am trying to use all the resources I can.

It is true that it is a new program and even though it may be good, it is not at the spotlight as other international programs; Also, I do not believe everything that the rankings say is true--FT places a lot UK schools in the top and does not give enough weight on things such as job placement and and starting salary. So, to continue with my inquiries :)
Do I have to pay extra for these German courses and are they a part of the regular curriculum or they are smth negotiated b/n students--lecturers as private sessions?
Also, I have EU citizenship: how many hours can I work (given 3 day classes) outside campus and is it possible to find part time job in my field with basic German(I thought you may have some info, even though it is not too much on topic)?
Does the career service post part time jobs or help you find one?
Any info on hourly wage in on-campus jobs?
Why is the career services website only in German? So does that mean no German=no job?

I have really narrowed it down to very few unis, and FS is one of them so this is why I am grilling you on all that.

Thanks

Hi,
Thanks for you queries.

1. If you are looking for part-time opportunities off-campus, a basic level of German language is desirable. For on-campus jobs, there is no problem of German as a language. Moreover, at FS you would be offered 500 plus hrs of German language classes in parallel to your regular classroom to equip you with the language and make you job ready once you are through with the studies.

2. What kind of information are you looking on the University. Is it Research, on faculty, the programs we do, the conferences we participate? Established in 1957, as a institute to train people from banking & finance community; it has developed itself into full-fledged B-school, with a main thrust on finance & management. It is only since last decade FS or other German Universities decided to go international and converted into Bachelor's & Master's format (after the Bolognase process), signed in 2004-2005. All German Universities suddenly realized the importance of going international and participating in the rankings. FS was no different. We have increased our International activity since 5 years only (offices, in China, India, Kenya, Brazil) and started lean promotion of brand FS. It is due to this internationalization, FS is now close to get AACSB accreditation (expected date Early 2013 - since getting this accreditation is full 4 year long process). I would also like to share with you the monthly media analysis report and the presence of Frankfurt School in various media across Germany. Perhaps you can share this report with your father, to also give him an understanding how big & popular Frankfurt School is in the world of Finance in Europe. Moreover, there are not many German Universities who ranks in the top 50 or 100 FT rankings, but the quality of research and output they produce, is fantastic and also being corroborated by the Indian alumni of these universities. The rankings could be one of the criteria for selecting a good B-school for overseas studies, but shouldn't be the only criteria.

Could you please send me the link where you have seen this hate comments. I would really like to bring it to my people in order to understand the criticism and improve the process.

Yes, faculty is very helpful and approachable. Please write to them directly based on your interest. They would surely be able to help if they find you the right candidate for the topic of research you propose.

Thanks,
Sumit Rai

Hey guys,

I've been accepted to a couple of Master in Finance programs, one being that in FSFM. I have a couple of questions for you and would gladly appreciate it if you can provide me with a detailed answer as possible.
1. Obviously you MUST SPEAK German to be offered a job at Frankfurt or other places in Germany--Prof Dr Martin Diedricht told me that during our interview--how good of a German though? In terms of A1,B etc
2. Why the school is not in main rankings and there is virtually no info about the school other than the website of the school itself. It is supposed to do a lot of research for industry and have great connections and great placements, and the grad survey of Master students in 2009 gave an avg of 75,000 euro starting salary (bigger that Ox, Imperial and many others) but still no big ranking. Also, in German Universities it was ranked 6th. My stepfather is German and he asked friends of his in Germany who did not know much about the uni.
3.I saw some videos in youtube about the school and there was a lot of hate in the comments--why is that? Are ppl jealous?
4. The caliber of Faculty looks good, how accessible is the faculty? Can aby of them become an adviser and help in applying for Phd for instance(In case I want to)?

Thank you for the time

Hi Sumit,

Is TOEFL compulsory for Indian applicants? Also what are the chances, the amounts and criteria for scholarship offered to students?

Thanks.

Hi, TOEFL or IELTS is an essential requirement to get admitted to Frankfurt School.The scholarships are available but are limited in numbers and are highly competitive. If one gets it, its a complete waiver in tuition fees. You do not have to apply separately for scholarships though. The admission board meets after the deadline for winter semester gets over, and the final result of scholarship is declared end of july. The criteria to get scholarship is purely based on past academic records, GMAT/GRE score and TOEFL. Extra curricular activities and work experience is also taken into count in certain cases.

Cheers
Sumit Rai

Hi Sumit,

Is TOEFL compulsory for Indian applicants? Also what are the chances, the amounts and criteria for scholarship offered to students?

Thanks.

Hi, it usually takes 2-3 weeks once you have applied with complete documentation, GMAT/GRE and TOEF/IELTS score card being essential part of the application.

Master of finance program now offers two possibilities to international students:
1. You can complete all the essential subjects in the 16 months period instead of two years, thereby reducing the stay period in Frankfurt by 8 months. In 16 months options you have 5 days of classroom lectures, leaving you with very less option of working part-timem Although by law, you are still allowed to work 20 hrs per week, if your time schedule permits.

2. The second option is of 24 months(currently running), 3 days a week classroom model, where you can work for the other three days. You continue to take essential subjects till the entire duration of the program.yes, you are expected to show desire level of German language if you wish to work in the remaining three days of the week. It is also important where you find work, for example if you work within the university, than language requirement is not there. Moreover, you are being offered 500 plus hours of German language classes in parallel to your curriculum, thereby making you ready for work in Germany post completion of you degree.

Thanks
Sumit Rai

I have some queries :

1. How many days do they take to tell you about your admission status once you have applied?

2. Is there a possibility of a part time job with MSc Finance (since its a two years course) , I guess a desired level of German language must be required for that also.

I have some queries :

1. How many days do they take to tell you about your admission status once you have applied?

2. Is there a possibility of a part time job with MSc Finance (since its a two years course) , I guess a desired level of German language must be required for that also.

Frankfurt School of Finance & Management announces FSAT - Frankfurt School Assessment Test. For those, not keen on GMAT/GRE but still want to study best Master's program at Frankfurt, can join FSAT on any of the upcoming dates in Pune:

1. 20th April
2. 11th May
3. 8th June

The FSAT is a 2 hour long exam and test student on the following parameters:

1. Verbal Reasoning
2. Quantitative Reasoing
3. Comprehension &
4. Essay Writing.

Student from India who prepared for CAT/appeared can easily get through this test.

Thanks
Frabkfurt Adm

Hi,
The M.Sc. Finance program at Frankfurt School is rated among the top Finance program available in Europe. This program has also received prestigious FIBAA premium seal which speaks about its standard and quality of Education. The job placement rate at Frankfurt School is 99.9% for all German speaking students and for International students, depends upon their willingness to work in German organization, in Germany or globally. Even if the International student wants to work for MNC in Germany, a desired level of German language is expected.


Thanks
Frankfurt Adm

How is the rating for M.Sc Finance Course at Frankfurt School ?

What are the job prospects?

Dear Puys

I am introducing the Official Admission query thread for Frankfurt School of Finance & Management. It is a leading private business school based in Frankfurt am Main, Germany. Frankfurt School offers top class degree courses and continuing education options in nine different programme divisions. All courses offered by the FS have three aspects in common: high standards, diversity and practice-orientation.

Frankfurt offers: MBA International Healthcare Management

For Students who do not have GMAT or GRE Scores, they can opt for - FSAT Frankfurt School Assessment Test. But, this test is specific to Frankfurt School Admission.

On Behalf of the Institution, the following person will be answering all queries related to - application process, visa, loan processing, life at the institution, student profiles, etc:

Mr. Sumit Rai
PG User ID - Frankfurt Adm

Standard forum posting rules will be applicable, and please use the PM option for asking and answering personal queries.

All the best

Soumik Ganguly (PG-HQ):biggrin: