Is the FSFM MiM personal test enough to get scholarship consideration, or is GMAT preferred?

Question

V Gupta · Accepted Answer

The personal test can get you into the program &mdash; but when money&rsquo;s on the line, GMAT tends to open more doors.

Scholarships at FSFM are limited and competitive. The GMAT acts like a standardized signal of academic strength, especially for merit-based funding.
With the personal test, scholarships aren&rsquo;t ruled out, but the bar for profile strength gets higher &mdash; think top grades, standout essays, or exceptional work experience.
Many past applicants with GMAT 660+ and a solid academic record have landed early-bird or merit awards.
The personal test score isn&rsquo;t used internationally, so it's harder for the school to benchmark it across applicants for financial aid.

If funding is a top priority, taking the GMAT &mdash; even just for scholarship leverage &mdash; is worth the effort. Choosing the personal test makes sense for speed, but GMAT adds weight where it matters most: scholarships.
For more details you can read this blog on "Frankfurt MIM fees" it includes financial aid too

Preet J · Answer

The FSFM MiM personal test is accepted for admission, but when it comes to scholarships, the GMAT usually carries more weight.
Frankfurt School awards merit-based scholarships, and a strong GMAT score (typically 650+) makes an application stand out more clearly in that pool. While the personal test can help secure admission, it doesn&rsquo;t hold the same global benchmark credibility as the GMAT &mdash; which makes it harder for the committee to use it as a decisive factor for funding.
That said, submitting a personal test score doesn&rsquo;t disqualify someone from scholarship consideration entirely. But the chances are slimmer unless the rest of the profile is very strong (like top academics, leadership, or unique background). If aiming for scholarships, especially partial tuition waivers, sending a competitive GMAT score gives a visible edge over others who rely solely on the in-house test.

S Raghav · Answer

At Frankfurt School of Finance & Management (FSFM), both the FSFM Admission Test and GMAT/GRE are accepted for MiM applications, but for scholarships, GMAT is strongly preferred. Candidates with a GMAT score above 650 (or GRE equivalent) are more likely to receive merit-based scholarships covering up to 30&ndash;50% of tuition.
The FSFM test is sufficient for admission but doesn&rsquo;t carry the same global benchmarking value as the GMAT. Since scholarships at FSFM are competitive and awarded on academic and analytical excellence, a high GMAT helps the committee compare you internationally.
If aiming for funding, taking the GMAT adds credibility, especially for Indian applicants competing in large pools. However, students with exceptional grades, leadership roles, or internship experience can still qualify with the FSFM test, though awards are usually smaller.

V Ritik · Answer

Many FSFM MiM admits take the school&rsquo;s own test, but when it comes to scholarships, GMAT gives a real edge.

The FSFM Admission Test is fine for admission, but most scholarship recipients have a GMAT 670+.
A high GMAT helps prove quantitative strength &mdash; something FSFM values for merit awards.
The Merit Scholarship and Diversity Scholarship often go to candidates with top GMATs plus international exposure.
Students using the FSFM test can still earn funding, but usually 10&ndash;20% rather than the higher tiers offered to GMAT scorers.
Applicants with strong academic backgrounds or CFA Level 1 certification sometimes offset a missing GMAT.

In short, for competitive scholarships, submitting a GMAT significantly boosts your chances compared to relying solely on the FSFM test.