Study in Frankfurt
Europe's Financial Capital

Study in Frankfurt Germany's Finance & Business Hub

Frankfurt is home to the European Central Bank, Deutsche Börse, and over 200 international banks. With 15+ universities and 70,000 students, it is the ideal city for business, finance, and economics students.

Last updated: March 2026

15+

Universities

70,000+

Students

€0

Tuition at Public Unis

€1,050–1,300

Monthly Cost

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FAQ

Frequently Asked Questions About Studying in Frankfurt

Yes. Public universities in Hessen (including Frankfurt) charge no tuition fees for any student, regardless of nationality. You only pay a semester contribution of approximately €350–€390, which includes one of Germany's best Semestertickets — covering the entire RMV regional transport network across all of Hessen, including ICE trains within the state. This means free travel to Wiesbaden, Darmstadt, Marburg, and Kassel. By comparison, a finance Master's at a UK or US university costs €25,000–€60,000 per year in tuition alone. International students must open a blocked account with €11,904 for the German student visa. Monthly living costs in Frankfurt range from €1,050–€1,300. With zero tuition at Goethe University, access to Europe's financial capital, and Germany's 18-month post-study work visa, Frankfurt delivers exceptional value for money.

Goethe University Frankfurt is one of Germany's largest universities with over 45,000 students, founded in 1914 and named after Frankfurt's most famous son. It has particular strengths in economics, finance (the House of Finance research centre), law, medicine, and natural sciences. It is a member of the prestigious German U15 university network. Frankfurt School of Finance & Management is a world-renowned private business school with triple accreditation (AACSB, EQUIS, AMBA) — one of fewer than 100 business schools worldwide holding all three. It is ranked among Europe's top 20 business schools by the Financial Times. Other notable institutions include Frankfurt University of Applied Sciences (engineering and IT), Hochschule für Musik und Darstellende Kunst (performing arts), and nearby TU Darmstadt (TU9 member, 30 minutes by train).

Yes. Frankfurt offers a strong selection of English-taught programmes, especially in finance, business, and economics. Goethe University offers English-taught Master's programmes in Money and Finance (one of Europe's most respected finance programmes), Quantitative Economics, International Management, and Molecular Biotechnology. Frankfurt School of Finance & Management offers its entire MBA, Master in Finance, Master in Management, and Master in Applied Data Science fully in English. Frankfurt University of Applied Sciences has English-taught Master's tracks in High Integrity Systems and Global Logistics. The region's international banking environment — with over 200 banks, the ECB, and the European Insurance and Occupational Pensions Authority (EIOPA) — creates strong demand for English-language education. Admission typically requires IELTS 6.5–7.0 or TOEFL 90–100 and an APS certificate for Indian applicants.

The average monthly cost for students in Frankfurt ranges from €1,050 to €1,300. Rent is the primary expense: €450–€650 for a room in a shared flat (WG) in student-friendly neighbourhoods like Bockenheim, Bornheim, or Nordend. Studentenwerk Frankfurt offers subsidised dormitory rooms from €280–€400, but waiting lists can be several months long. Groceries and Mensa meals cost roughly €200–€250 per month. Statutory health insurance for students under 30 is approximately €110/month. Frankfurt's exceptional Semesterticket (included in the ~€370 semester fee) covers the entire RMV Hessen network, eliminating transport costs. International students must prove €11,904 in a blocked account for the visa. Frankfurt is moderately priced compared to Munich, and the outstanding Semesterticket and zero tuition at Goethe University make it one of Germany's best-value study cities.

Frankfurt is the financial capital of continental Europe, home to the European Central Bank (ECB), Deutsche Bundesbank, Deutsche Bank, Commerzbank, DZ Bank, KfW, and over 200 international banks. The city is also a major hub for management consulting (McKinsey, BCG, and all Big 4 firms have Frankfurt offices), fintech startups, and professional services. Post-Brexit, many financial institutions relocated operations from London to Frankfurt, creating additional demand for qualified professionals. Starting salaries in banking and consulting range from €50,000–€65,000, with investment banking analysts earning up to €85,000 including bonuses. Germany's 18-month post-study work visa gives graduates ample time to secure employment and transition to an EU Blue Card. Students can work 120 full days or 240 half days per year, and Werkstudent positions at banks pay €15–€25/hour.

Goethe University accepts applications through its own online portal or uni-assist, depending on the programme. Winter semester deadlines are typically July 15 for international applicants. Frankfurt School of Finance & Management has its own admissions process with rolling deadlines — applying early significantly increases scholarship chances. Frankfurt University of Applied Sciences uses a direct application portal. Required documents include certified academic transcripts, degree certificates, language certificates (IELTS/TOEFL for English programmes or TestDaF/DSH for German programmes), a motivation letter, and a CV. Indian applicants must obtain an APS certificate from the German Embassy in New Delhi, which takes 4–8 weeks to process. The uni-assist processing fee is approximately €75 for the first application and €30 for additional universities. For competitive finance and economics programmes, start your preparation at least 8 months before the deadline.

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