Fees & Total Cost

Goethe University Frankfurt MiM Fees 2026

M.Sc. in Management Science · Frankfurt am Main, Germany

Verified against official sources · last checked September 2026 · see sources

Goethe University Frankfurt is a public university, so its M.Sc. Management Science charges no tuition for either EU or non-EU students — the only mandatory cost is the per-semester student contribution (Semesterbeitrag), which the university sets at €408.28 for winter semester 2026/27. Most of that is transport rather than fees: the Deutschland-Semesterticket, a nationwide public-transport pass, accounts for €226.80, with the Studierendenwerk at €106.50, the legally fixed administrative contribution at €50.00, the AStA student body at €17.10 and small levies for the Palmengarten, a social/culture ticket, campus bikes and a hardship fund making up the rest. Over the two-year (four-semester) degree that is on the order of €1,630 in total, of which about €907 is the transit pass. Goethe remains one of the genuinely lowest-cost routes to a notable European management master — far below the German private schools and an order of magnitude below the Parisian grandes écoles or the UK — and the application itself is free (no uni-assist processing fee for Goethe master's programmes). Note that the faculty's own programme FAQ still quotes an older ~€334 figure; the university's central re-registration page is the authoritative one, and the contribution is revised every semester, so confirm the current figure there. What you do budget for is living in Frankfurt, a comparatively expensive German city. For the wider picture, see how much a MiM in Europe costs, the tuition-free routes round-up and the cheapest-MiM shortlist.

Tuition for the Goethe University Frankfurt Master in Management is No tuition fees — €408.28 per semester student contribution (incl. the €226.80 nationwide transit pass), winter semester 2026/27, the latest published for the 24 months (4 semesters; max 8) — autumn (winter-semester) intake program.

Total tuitionNo tuition fees — €408.28 per semester student contribution (incl. the €226.80 nationwide transit pass), winter semester 2026/27, the latest published
Tuition (numeric)Free (EU/EEA)
Program length24 months (4 semesters; max 8) — autumn (winter-semester) intake
Median tuition (80 euro-priced MiMs we track) €23,157

Tuition is free for EU/EEA students at Goethe University Frankfurt, placing the Goethe University Frankfurt MiM among the most affordable Master's in Management in Europe. See how it stacks up on our cheapest MiMs in Europe and best-value shortlists.

Tuition figures are the published rate for the 2026–27 cycle and exclude living costs, travel, and optional exchange fees. Scholarships and need-based aid can materially reduce the net cost — see the FAQs below.

Frequently asked questions

How much does the Goethe University Frankfurt M.Sc. Management Science cost?
There is no tuition fee — Goethe is a public university and the M.Sc. Management Science charges nothing for either EU or non-EU master's students. The only mandatory cost is the per-semester student contribution (Semesterbeitrag), set at €408.28 for winter semester 2026/27; across the four-semester degree that is on the order of €1,630 in total. Most of it is transport, not fees: €226.80 of each semester's contribution is the Deutschland-Semesterticket, a nationwide public-transport pass, with €106.50 for the Studierendenwerk and €50.00 for the legally fixed administrative contribution. The application is free as well. That makes Goethe one of the lowest-cost routes to a notable European management master — the real budget item is living in Frankfurt rather than tuition. The faculty's programme FAQ still shows an older ~€334 figure; the university's central re-registration page is authoritative and the contribution is revised every semester, so confirm the current figure there.
Is the Goethe M.Sc. Management Science taught in English, and is it really a Master in Management?
Yes on both counts. The programme — formerly called International Management — is taught in English, with students permitted to take up to 24 ECTS (about four modules) in German if they wish. Despite the 'Management Science' name it is a flexible general-management master, not a narrowly quantitative one: aside from a single management module and an ethics module there are no mandatory courses, and you build the 120-ECTS degree from electives, two seminars and a thesis across four concentration fields — Finance, Accounting, Information Management and Marketing Analytics. It sits in the same Master-in-Management family as the other European programmes we profile.
Do you need the GMAT for the Goethe M.Sc. Management Science?
No, and Goethe publishes exactly how much it is worth: the GMAT/GRE verbal and quantitative sections carry 3% each of the admission score, against 51% for your average bachelor's grade, 39% for ECTS earned in quantitative-methods modules and 4% for international experience. Each section is scored on percentile — 10 points at the 91st and above, zero below the 50th — so a test is a 6% nudge, not a lever, and the school publishes no admitted-student average. What you do need is a bachelor's in economics or business administration (or a related degree with at least 90 ECTS of economics/management/business content) and proof of English: TOEFL iBT 95, IELTS 7.0, Cambridge C1 or UNIcert level 3, each under five years old. The criterion worth checking your transcript against is the quantitative one: Goethe counts modules that teach quantitative methods — maths, statistics, econometrics, operations research, data science — and explicitly excludes micro and macroeconomics, finance, accounting, marketing and operations management, which only apply them.
What makes Goethe University Frankfurt distinctive for a management master?
Two things: it is tuition-free, and it sits in Frankfurt — continental Europe's banking capital and the home of the European Central Bank and the Deutsche Bundesbank. The Faculty of Economics and Business is built around finance and economics (its Finance concentration alone spans roughly 15 chairs), so a student aiming at banking, asset management, consulting or corporate finance studies in the city where those employers are concentrated, with the elective freedom to weight the degree heavily toward Finance. The cohort is small (about 42), roughly 80% international and academically selective, so it is a focused, globally-mixed class rather than a large lecture programme.

Sources

  • Goethe University Frankfurt — M.Sc. Management Science (programme overview: English-taught, four semesters, ~80% international, cohort limited to ~42) ↗ — Goethe University Frankfurt, Faculty of Economics and Business
  • Goethe University Frankfurt — M.Sc. Management Science: Application (degree requirements, English thresholds, GMAT/GRE optional, APS; window re-read verbatim 1 Sep 2026: "You can apply for the master's program from January 15 until May 15 (application for the first semester)", early applicants notified within four to six weeks and the remainder in July) ↗ — Goethe University Frankfurt, Faculty of Economics and Business
  • Goethe University Frankfurt — M.Sc. Management Science: Programme content (120 ECTS structure; Accounting / Finance / Information Management / Marketing Analytics concentrations; up to 24 ECTS in German) ↗ — Goethe University Frankfurt, Faculty of Economics and Business
  • Goethe University Frankfurt — M.Sc. Management Science: FAQ (no tuition fees for EU and non-EU master's students; ~€334 per-semester contribution incl. transit pass) ↗ — Goethe University Frankfurt, Faculty of Economics and Business
  • Goethe University Frankfurt — Wikipedia (founded 1914, public research university in Frankfurt am Main, ~42,000 students, finance-and-economics focus) — corroborating context ↗ — Wikipedia
  • Goethe University Frankfurt — Rückmeldung und Semesterbeitrag (authoritative central page; winter semester 2026/2027 Semesterbeitrag 408,28 EUR, itemised: Deutschland-Semester-Ticket 226,80 · Studierendenwerk 106,50 · Verwaltungskostenbeitrag 50,00 ("gesetzlich festgelegt, unverändert seit 2004") · AStA-Studierendenschaft 17,10 · Palmengarten-Ticket 1,10 · Sozial-/Kulturticket 2,20 · Campus-Bike 2,98 · AStA-Härtefonds 1,60) ↗ — Goethe University Frankfurt
  • Goethe University Frankfurt — M.Sc. Management Science: selection process. INTERVIEW CHECKED 2026-09-03: admission is a published weighted score — average bachelor grade 51%, ECTS in quantitative-methods modules 39%, international experience 4%, GMAT/GRE verbal 3% and quantitative 3% — after which "all applicants are ranked according to their admission score. The Selection Committee reviews the ranking list and decides about the threshold score." No interview or oral stage exists in the procedure. SELECTION CHECKED 2026-09-04: re-read for the per-criterion POINT TABLES behind those weights, which the 09-03 read did not capture. Bachelor's grade: 1,0-1,4 = 10 points, 1,5-1,7 = 9, 1,8-1,9 = 8, 2,0-2,1 = 7, 2,2-2,3 = 6, 2,4-2,5 = 5, 2,6-2,7 = 4, 2,8-2,9 = 3, 3,0-3,1 = 2, >=3,2 = 1, with "only the first digit after the decimal point" counted and the rest truncated, foreign grades converted by uni-assist under the modified Bavarian formula. Quantitative ECTS: >=30 = 10 points, 25-29 = 9, 22-24 = 8, 19-21 = 7, 16-18 = 6, 13-15 = 5, 10-12 = 4, 7-9 = 3, 4-6 = 2, <=3 = 1 — counting only modules "in which quantitative methods are taught and not modules in which they are solely applied", i.e. maths/analysis/algebra, statistics/stochastics, econometrics, quantitative methods, operations research, time-series analysis, data science and quantitative market research, and explicitly NOT micro/macroeconomics, finance/accounting, decision theory, business informatics, general marketing or operations management; only modules completed within the bachelor's count. GMAT/GRE verbal and quantitative sections scored independently on percentile: 91-100 = 10 points, 81-90 = 9, 71-80 = 8, 61-70 = 7, 56-60 = 6, 50-55 = 5, below the 50th = 0. International experience, max 10: complete studies abroad 5, each semester abroad 2 (max 4, double degrees counting as 4), internship or work abroad of at least two months 2, an additional B2-certified language (French, Spanish, or German if not native) 1, certificate no older than five years at the 15 May deadline. SCOPE NOTE: this page is headed and introduced as the selection process for the M.Sc. Management Science, but its international-experience paragraph reads "for the master in International Management, we aim to select students who..." — Goethe's own copy from a sibling programme, not a scope change; the tables above are the ones this page publishes for Management Science ↗ — Goethe University Frankfurt
  • Goethe University Frankfurt — M.Sc. Management Science: Application, English proficiency section. ENGLISH EVIDENCE CHECKED 2026-09-05: accepted qualifications are 'TOEFL ibT: 95', 'IELTS Academic: 7.0', 'UNIcert: level 3' and 'Cambridge Advanced: C1' (TOEFL institution code B073; GMAT/GRE are stated not to be English proficiency tests), and 'We accept language certificates which are maximum five years old.' The exemption is a single conjoined criterion — a "Bachelor's degree from an institution with English as the sole language of instruction and from a majority English speaking country" — with the country list delegated to the UK Visas and Immigration Department's own page. ↗ — Goethe University Frankfurt

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