What’s the total cost of doing an MBA at Frankfurt School?

Asked by Tarun S about 2 months ago

3 Answers
Mohit C

Mohit C

Business analyst

The tuition fee for the Full-time MBA program is €42,000, which includes your classes and study materials.​

In addition to tuition, you'll need to budget for living expenses in Frankfurt. On average, students spend about €1,000 per month for accommodation, food, transport, and other personal costs. Over the 12-month program, this totals approximately €12,000.​

So, combining tuition and living expenses, the total estimated cost for the MBA program would be around €54,000. Keep in mind, this is a general estimate, and your actual expenses may vary based on your lifestyle and spending habits.​

 


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P Sinha

P Sinha

Education expert

If you want to do your MBA at Frankfurt School of Finance & Management, the total cost mainly includes two parts — tuition fee and living expenses. The tuition fee for the full-time MBA program is €42,000 for the full course. This fee covers your classes, learning materials, and some additional services provided by the school.

Next, you should plan for your living costs while staying in Frankfurt. On average, students spend about €1,000 per month. This includes rent, food, transport, health insurance, and daily needs. So, for one year, your living expenses would come to around €12,000.

When you add both together, the total cost of doing the MBA comes to around €54,000. This number may go slightly up or down depending on how you live and what kind of housing you choose.

Frankfurt School also offers payment plans and some scholarships to help manage the cost better. So it’s always good to check those options while applying.

 


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T Mehta

T Mehta

Education Expert | Expertise in Sales Development | Passionate about Digital Transformation

When it comes to the total cost you need to account for both tuition and living expenses.Below i have explained in detail what expenses you will have to pay during your MBA.

 

Tuition Fees:

  • Full-Time MBA: €42,000 for the entire 12-month program
  • Part-Time MBA: €42,350 for the 21-month program.


Additional Costs:

Beyond tuition, you'll need to budget for living expenses in Frankfurt, which include accommodation, food, transportation, and personal expenses.

  • Accommodation: Monthly rent ranges from €450 to €1,000, depending on the type and location of housing. ​
  • Other Living Expenses: Costs for food, transportation, and personal items can vary but should be factored into your budget.​


Estimated Total Cost:

For the Full-Time MBA:

  • Tuition: €42,000​
  • Living Expenses: Approximately €12,000 to €24,000 for the year, depending on lifestyle and accommodation choices.​
  • Total Estimated Cost: Between €54,000 and €66,000.​

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Please note that these figures are estimates, and actual expenses may vary based on individual choices and circumstances. I would advise you  to plan accordingly and consider potential financial aid or scholarships to assist with funding.

 


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