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Master of Finance (M.Sc.) Professional Programmes Seminars Executive Education Corporate Programmes & Services Research International Advisory Academic Programmes

Master of Finance (M.Sc.) MoF...2012/05/31  · 4 MasTeR Of fINaNCe (M.sC.) mastering the craft of finance. Regardless of where you see yourself in future – as a stockbroker or investment

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Page 1: Master of Finance (M.Sc.) MoF...2012/05/31  · 4 MasTeR Of fINaNCe (M.sC.) mastering the craft of finance. Regardless of where you see yourself in future – as a stockbroker or investment

Master of Finance (M.Sc.)

Academic Programmes

Professional Programmes

Seminars

Executive Education

Corporate Programmes & Services

Research

International Advisory

Academic Programmes

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3 Introduction

4 Master of Finance (M.Sc.)

5 Learning outcomes

6 Programme structure

8 Concentration in Capital Markets

10 Concentration in Corporate Finance

12 Concentration in Development Finance

14 Concentration in Accounting & Taxation

16 Studying in Frankfurt

17 Germany – land of ideas

18 We shape business

19 Five good reasons

20 Internationality

21 Services offered by Frankfurt School

22 Organisation & investment

23 Contacts

Contents

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3INTRODUCTION

The Master of Finance is an internationally recognisedstudy programme that paves the way for a future career in any part of the financial industry. The programme covers the full spectrum of today‘s financial sector and offers you a choice of four attractive concentrations – the subjects you will major in. This way you can align your specialist field with your abilities, preferences and career goals and will be equipped with the skill sets you will need to take on responsible roles in the business or scientific community. Along with the specialist courses that make up your concentration, you also have the option of taking elective courses as you compile your personal expert profile. As a result of the way in which this programme is structured, you will obtain maximum insight into the various facets of the financial sector in line with what interests you most.

The teaching staff on your programme are prominentexperts who base their teaching on a blend of theory and practical elements. During your studies you will benefit from innovative teaching concepts and by work-ing in study groups you will discover what managerial responsibilities in everyday work are all about. We deliberately set the bar high, but at Frankfurt School you learn to comply with high standards. You will study alongside other very ambitious students, who also see their future in the financial sector and other demanding areas of business.

The Master of Finance is a full-time programme that is offered in a carefully scheduled format that allows our students to maintain part-time employment for three working days each week, in parallel to their studies at Frankfurt School.

Four ways, one Master –master the challenge of finance!

With a Master of Finance degree you will rank amongthe preferred candidates for employers in Germany andabroad. One key reason for this is the excellent standardof your education. The many connections that theFrankfurt School maintains with companies, and guestlectures by financial executives all serve to boost yourintegration into the practical side of business. Our exten-sive alumni network will also provide you with valuablecontacts that can prove very useful in your professional life.

On the following pages you will find out more about ourMaster of Finance degree and see for yourself what yourideal programme of studies could look like.

“Frankfurt School of

Finance and Management

offers you a wide array

of programmes to develop

and enhance your pro-

fessional and leadership

skills. Earn a Master of

Finance degree and

expand your career horizons. We look forward to

welcoming you!”

Professor Dr. Udo Steffens

President and CEO

Frankfurt School of Finance & Management

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4 MasTeR Of fINaNCe (M.sC.)

mastering the craft of finance. Regardless of where you see yourself in future – as a stockbroker or investment banker, a private asset manager or an auditor, a micro-finance banker or financial advisor to an NGO – these core courses provide you with the basic toolkit you will need to succeed in your professional endeavours.

You will then specialise in one of four “concentrations”: Capital Markets, Corporate Finance, Accounting, and Development Finance. In addition, there is a wide range of elective modules which enable you to look beyond your chosen specialism. Optionally, during Semester 4 our students may study abroad with one of our interna-tional partner universities.

Master of Finance (M.Sc.)

As recent developments clearly demonstrate, if you wish to excel in today’s challenging business environment, sound specialist knowledge must be supplemented by the ability to think long-term and take a broader view. Financial institutions of all types – banks, insurers, pri-vate equity firms, hedge funds, micro-finance and devel-opment banks, etc. – will only achieve sustained success if their employees are capable of embracing the complex interdependencies of the modern world in a responsible and proactive way.

The programme runs for four semesters with a total of 120 ECTS points. All students participate in a common core which lays the general building blocks en route to

The Three Day Model

Teaching in the Master of Finance is organised within a unique time model that permits you to maintain part-time employment whilst pursuing your full-time Master’s degree. We call this the “three day model”.

Our students typically attend classes on three dedicated study days each week, namely either “Monday, Tuesday and Saturday” or “Thursday, Friday and Saturday”. This leaves you with three free working days each week dur-ing which you may pursue independent study at home or part-time employment in the financial sector.

If you wish to distribute your classes more evenly over the entire week, you can opt out of the 3-day model and choose our “full-week option”.

Taking Modules early

Students with no outside work commitments may take two taught courses early and thereby reduce their presence in Frankfurt to 16 months: from early September in the start year to late December in the following year.

In this option, you take 5 modules in semester 1, 6 modules each in Semesters 2 and 3 and then write your Master thesis in Semester 4. There is no need to be physically present in Frankfurt when writing your thesis.

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5LeaRNING OUTCOMes

The Master of Finance seeks to equip graduates with the knowledge, skills and competences needed to pursue successful careers mainly in the international finance community. Graduates will be able to take expert and management positions in the fields of capital markets, corporate finance, development finance and accounting.

What you can expect

Knowledge Master of Finance graduates have accumulated a

profound knowledge of the key theoretical concepts and analytical mechanisms underpinning the diffe-rent areas of finance.

Competences Graduates exercise sound judgement based on key

economic, financial and management principles, proper analysis and qualitative judgement.

skills Graduates apply financial and management know-how

to unexpected situations in a coherent manner. They provide sustainable solutions to comple problems in a new environment.

Overall, the Master of Finance aims at a combinationof solid quantitative analysis and research with reflectionand management skills, flanked by theoretical knowledge.Thus, the Master of Finance combines subject-specificand generic learning outcomes and focuses on employabil-ity and empowerment.

Our expectations The success of your career in today‘s financial sector willdepend not only on your expert knowledge and skills butalso on your personality.

To come through the Master‘s programme with flyingcolours you will need to be a team player and enjoyexploring the limits of your abilities. You will also needto be willing to acquire cross-cultural skills and to beopen to the views and approaches of students of othernationalities in international teams.

Learning outcomes

Target Group

The programme is right for you if you wish to build a career in finance and if you have the desire and the commitment to immerse yourself in the chal-lenging world of modern financial analysis and practice.

There are no specific requirements as to the subject of your first degree, though we do expect some exposure to quantitative analysis at university level.

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66 PROGRaMMe sTRUCTURe

Programme structure

Compulsory Courses

Principles of Finance Principles of Accounting Statistics for Business & Finance

30 eCTs Principles of Economics Principles of Management

Leadership & Intercultural Management Corporate Finance Risk Management

30 eCTs

Concentration in Capital MarketsDerivatives Structured Products & Interest Rate Models

Concentration in Corporate finance Derivatives Financial Markets & Institutions

Concentration in accountingIntermediate Financial AccountingAdvanced Management Accounting

Concentration in Development finance Finance & GrowthFinancial Development

Concentration in Capital Markets Credit Risk Default Models and Credit Derivatives Financial Engineering Asset Management

Concentration in Corporate financeDebt Capital MarketsEquity Capital MarketsInternational Financial Management

Concentration in accounting Advanced Management Accounting International Taxation Seminar in current Accounting Research

Concentration in Development finance MicrofinanceProject ManagementInternship

CompulsoryCorporate & Business Ethics

Possible electives (choose 1) *Arbitrage Theory Enterprise, Development & Regulation Private Wealth Management Advanced Risk Modelling

30 eCTs Asset Management Financial Statement Analysis & Security Valuation

Possible electives (choose 2) *Market Estimation & ForecastingMergers & Acquisitions

Financial StabilitySME & Housing, Renewable Energy and Infrastructure Finance

Supervisory Risk AssessmentFinancial EconometricsCorporate Valuation

Private Equity Public Economics

30 eCTs

CompulsoryMaster Thesis (18 ECTS)

study abroad OptionIn Semester 4 you have the option to study with one of our international partner universities and use the credits from your study abroad to replace the taught courses from Semester 4.

Total 120 eCTs

sem

este

r 1se

mes

ter 2

sem

este

r 3se

mes

ter 4

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77PROGRaMMe sTRUCTURe

Compulsory Courses

Principles of Finance Principles of Accounting Statistics for Business & Finance

30 eCTs Principles of Economics Principles of Management

Leadership & Intercultural Management Corporate Finance Risk Management

30 eCTs

Concentration in Capital MarketsDerivatives Structured Products & Interest Rate Models

Concentration in Corporate finance Derivatives Financial Markets & Institutions

Concentration in accountingIntermediate Financial AccountingAdvanced Management Accounting

Concentration in Development finance Finance & GrowthFinancial Development

Concentration in Capital Markets Credit Risk Default Models and Credit Derivatives Financial Engineering Asset Management

Concentration in Corporate financeDebt Capital MarketsEquity Capital MarketsInternational Financial Management

Concentration in accounting Advanced Management Accounting International Taxation Seminar in current Accounting Research

Concentration in Development finance MicrofinanceProject ManagementInternship

CompulsoryCorporate & Business Ethics

Possible electives (choose 1) *Arbitrage Theory Enterprise, Development & Regulation Private Wealth Management Advanced Risk Modelling

30 eCTs Asset Management Financial Statement Analysis & Security Valuation

Possible electives (choose 2) *Market Estimation & ForecastingMergers & Acquisitions

Financial StabilitySME & Housing, Renewable Energy and Infrastructure Finance

Supervisory Risk AssessmentFinancial EconometricsCorporate Valuation

Private Equity Public Economics

30 eCTs

CompulsoryMaster Thesis (18 ECTS)

study abroad OptionIn Semester 4 you have the option to study with one of our international partner universities and use the credits from your study abroad to replace the taught courses from Semester 4.

Total 120 eCTs* Subject to changeAll taught modules carry 6 ECTS credits each. The thesis carries 18 ECTS credits.

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8

who wish to work for investment banks and other financial institutions. It is also aimed at students who wish to pursue a PhD upon completion of the Master‘s programme.

It prepares you for a career path in an investment banking department in one of the following areas:

trade risk management asset management derivatives

Your main tasks as an investment banking specialist willbe to manage assets, create and evaluate financial prod-ucts, and to evaluate and manage risks. You may also move into roles in corporate finance and corporate strategy.

“The curriculum at Frankfurt

School is very broad and

rigorous in that it challenges

everyone in different ways.

For me personally, the

concentration in Capital Markets

has allowed me to pursue all

the things I knew I would enjoy

and has given me the opportunity to explore new areas

within finance. Frankfurt School has without a doubt

encouraged me to attempt things I would have never

before considered; be it on a professional or personal

level. This is what an outstanding education is all

about!”

Thomas Hallinger, AXA Private Equity Class of 2011

Concentration in Capital Markets

In the course of the global financial crisis, investment banking has become an even more challenging field of work. Those hoping to specialise in this demanding industry must be prepared to satisfy some onerous expectations. If you are seeking to pursue a career in investment banking, you need more than a broad range of outstanding professional skills – you also need to be an exceptional team player. If you are equal to such demands, you will find a host of business opportunities opening up before you.

The concentration in Capital Markets was specifically formulated in response to the conditions that characterise today’s investment banking sector. You are given a thor-ough grounding in the exacting mathematical methods and tools that are essential for a successful investment banking career. This programme is ideal for all those

Capital Markets

… is challenging, because you create financial products and trade them;

… requires global thinking and involves a great deal of travel;

… is demanding, because it takes foresight and sharp analytical skills to succeed in the long term.

CaPITaL MaRKeTs

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9

Derivatives asset Management

You develop your understanding of the use of derivative products, gain a comprehensive theoretical understanding of forwards, options and other deriva-tives, learn to analyze and calculate hedges and how to implement these with Excel.

The course introduces the practice of portfolio management. Asset allocation, portfolio insur-ance, shortfall risk and performance measure-ment and attribution form the essentials of this course, with a strong emphasis on practical application.

Credit Risk Default Models & Credit Derivates financial engineering

The management of credit risk is an essential part of this course. To be familiar with the credit value at risk and the industry models, like Credit Risk+, are only some of the important learning results. You will be able to apply credit derivatives, discuss mark-to-market CDS pricing and the CDS curve.

Financial engineering takes application one step further. Under tight time constraints, students use their knowledge from the capital market concentration to prepare and present case stud-ies. Working in an international project group, you gain hands-on experience in pricing, analyz-ing and selling financial products to clients.

structured Products & Interest Rate Models

You learn about the motivation of structured interest rate products and about the role of swaps as a primary security in the world of interest rate derivatives. Under-standing and analyzing the interest rate swaps and the swap curve and its history are critical for subsequent coursework and for using and evaluating complex inter-est products.

9CaPITaL MaRKeTs

specialisation modules

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10

Concentration in Corporate Finance

10 CORPORaTe fINaNCe

Financial decisions inside corporations are becoming more complex and have an ever increasing impact on the financial sector. Our faculty, visiting professors and industry experts bring a broad background of academic expertise and hands-on experience to the classroom. The Corporate Finance concentration focuses on valu-ation techniques, financing, product design, hedging methods and financial intermediation. The program is designed to endow our students with a deep under-standing of financial decision making, corporates’ interactions with financial markets and the regulatory environment.

Concentration Highlights

explicit focus on finance topics from a corporation’s point of view;

program designed by practitioners and acade-mic experts;

challenging courses that complement the CFA curriculum;

both analytical and case-based teaching.

Our graduates will be highly qualified for leadership posi-tions in corporations, in advisory or in banking. Specific career paths include:

international corporations

the advisory industry

commercial or investment banking

various national or international governmental institutions specialising in the area of finance.

“Corporate Finance is an essential

part of firms’ operations. Financial

tools help corporations to decide

which projects to pursue and

which markets to tackle. Stable

and low funding costs are an

essential advantage in today’s tur-

bulent and competitive markets. ”

Prof. Dr. Michael H. Grote

Vice President Academic Affairs

Finance Department

Frankfurt School of Finance & Management

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1111CORPORaTe fINaNCe

Derivatives Debt Capital Markets, equity Capital Markets

This module is shared with the Capital Markets con-centration. You develop your understanding of the use of derivative products, gain a comprehensive theo-retical understanding of forwards, options and other derivatives, learn to analyze and calculate hedges and how to implement these with Excel.

These two courses provide students with an in-depth understanding of the way in which corporations can finance their activities through the issuing of debt and equity. The courses look at the whole spectrum of instruments that are available, embedding practical insights into institutional and regulatory aspects within a broader analytical framework. Teaching in these courses makes extensive use of case studies.

financial Markets & Institutions International financial Management

The course prepares students to live with the ongoing volatility in the financial world and its regulatory frame-work. Students will gain knowledge of the sources of risk and return in domestic and foreign financial markets and institutions. The key focus of the course is to show why informational asymmetries between market partici-pants make financial intermediaries necessary.

This course equips students with the tools neces-sary to manage corporations in a global business environment. Topics: exchange rate fluctuations – its sources, its implications, the risks to the enterprise; the global cost of capital and global capital budgeting; the international tax environ-ment and transfer pricing.

specialisation modules

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12 DeveLOPMeNT fINaNCe

In many countries of the world, would-be entrepreneurs,farmers, businesses and even governments do not have access to formal financial infrastructure – they are trapped in poverty behind the financial frontier.

Development finance initiatives promote inclusive finance – making finance work for all. These initiativesinclude capital market development, management ofremittances, infrastructure finance, microfinance and energy and commodity finance.

By choosing the Master of Finance with concentration in Development Finance, you lay the foundations for a successful career in international development work. Development organisations need people who combine

Concentration inDevelopment Finance

a firm theoretical grounding in finance, economics and development with a practical command of applied techniques and with hands-on personal experience in international development projects. The Development Finance strand in the Master of Finance is designed to let you acquire this unique mix of skills and compe-tences.

A special feature of this concentration is the mandatory internship in a development project. Due to the close links between Frankfurt School and various develop-ment organisations, our students are given access to much sought after internship positions in banks, NGOs, advisory firms and intergovenmental organisations.

This programme is ideal for all those who wish to work for an international organisation (e.g. World Bank); an international development non-governmental

organisation (e.g. GIZ); international development projects; commercial banks and financial institutions with an

interest in sustainable finance; various government specialist positions in econom-

ics, finance and technical cooperation; or who wish to pursue a PhD upon completion of the Master’s programme.

“Development finance, i.e.

building financial systems

that open up access to

financial services for as

many households and

companies as possible, is

growing in importance

around the world – whether

by contributing to growth and employment in

emerging and developing countries or as an

alternative category of investments in industrialised

nations. A concentration in Development Finance

will expand graduates’ career horizons in an

exciting and growing market.”

Prof. Dr. Adalbert Winkler

Head of Centre for Development Finance

Frankfurt School of Finance & Management

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13DeveLOPMeNT fINaNCe

finance & Growth financial Development

This module lays the foundations for an under-standing of economic and financial development. Topics include: portfolios of the poor, functions of money and finance, moral hazard and adverse selection, financial market infrastructure, models of growth, stylized facts of financial development, special applications e.g. finance for small and medium enterprises, financial crises.

In this module students are confronted with the key factors driving (and hindering) financial develop-ment. To this end, students are introduced to the history of financial development in mature econo-mies, the main theories of financial intermediation and to the challenges of financial development in emerging market and developing economies today.

Microfinance Project Management

This module explores the theory and practice ofmicrofinance. Various credit technologies that reduce information costs, such as group, relation-ship, individual and transactional lending, are investigated in detail. Governance and sustainabil-ity as well as funding and the role of donors will be analysed.

Students are introduced to the fundamentals of project management and are given hands-on experi-ence and coaching in the actual implementation of a project. Advanced topics include strategic market research in a project-management context.

Internship

All Development Finance students undergoe a 6-week project immersion worldwide. Projects are with NGOs, governments and intergovernmental organisations, advisory firms, and banks.

13

specialisation modules

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14 aCCOUNTING & TaxaTION

Concentration inAccounting & Taxation

Accounting is the language of business. Particularly when working in finance, command of this language is an essential competence. How is profit defined and mea-sured? Where do I find the figures I need for valuation models in financial accounts? Do I have to adjust them? The accounting concentration in the Master of Finance provides finance practitioners in different fields with a firm and confident grasp of the accounting tools that are needed to make intelligent financial assessments of complex global companies.

The curriculum is modern and international in outlook. The material is tailored to be relevant to corporate finance and valuation and provides access to difficult

“hot topics” in areas such as accounting for financial instruments or the assessment of credit decisions. All lectures, classes and key text books are in English, and general IFRS standards are used as the benchmark.

Taking this concentration will prepare you for a career in auditing or controlling, but it also serves as a platform for other finance careers where good accounting know-ledge makes the difference between mere guesswork and substantive fact-based analysis.

Sample career paths based on the accounting concen-tration:

the audit industry; consulting; security analysis; creidt analysis; advisory work in regulated industries.

„Being at Frankfurt

School is an amazing

experience. The school

not only provides a

superior education with

small class sizes but

also ensures that the

programme content

keeps pace with the latest market developments.

Most of my concentration lectures, for instance,

are held by partners or managers from the Big

Four auditing firms, providing key insights into

accounting & taxation themes, accompanied by

challenging and interesting case-studies from

everyday practice.”

Julia Mala, KPMG

Class of 2011

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15

Intermediate financial accounting advanced financial accounting

Students understand structure, details and inter-connections between balance sheet, income statement and cash flow statement based on IFRS. They are trained in corporate analysis based on IFRS accounts. They learn about the institutional settings and deepen their knowledge of IFRS rules. The cours helps bridging the theory-practice gap and clarifies the role of accounting research.

In recent years, accounting rules for financial instruments and institutions have moved toward “fair value accounting”. The course explores meas-urement and valuation rules for various financial instruments and looks at peculiarities for different kinds of financial institutions. It asks whether there are specific reporting demands for financial institu-tions and whether current accounting standards are capable of meeting these demands.

advanced Management accounting International Taxation

Introduction into advanced techniques and methods of management and strategic ac-counting and other fields of management accounting with a focus on financial institu-tions. Topics include: Financial Performance Control; Strategic Management Accounting; Control in Financial Institutions.

The course provides a framework in which you can analyse the impact of taxes on decision-making, asset prices, returns and the financing and organization of firms. The main part then focuses on issues in international taxation and clarifies the role of tax treaties, the OECD model and recent developments on the European level.

seminar in current accounting Research

This module aims at discussing recent topics in current accounting research, based on reading original research papers. Topics include: value relevance, information processing on capital markets, earnings management and con-servatism. In the first session, participants are required to build groups wo, in later sessions, present a paper to the overall class.

15aCCOUNTING & TaxaTION

specialisation modules

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16

Frankfurt as financial centre: studying at the heart of Europe

Frankfurt am Main is one of the world’s leading financial centres, acting as host to a vast number of banks and other financial institutions. When you opt for a course of study at Frankfurt School of Finance & Management, you are also choosing to benefit from the immediate proximity of prestigious market players and their concen-trated expertise. But your time at Frankfurt School will also be enriched by the cultural diversity and exceptional leisure facilities available in the city and surrounding region.

Welcome to frankfurt!

Allow Frankfurt to inspire you, and your degree course will become a magical time full of new experiences. Frankfurt has plenty to offer visitors – even if you are working at a job alongside your studies and can only visit the city for a limited number of days in the year.Frankfurt is one of Europe’s liveliest cities, with a profu-sion of cultural activities to suit all tastes. Regardless of your preferred leisure pursuits – museums, concerts, opera, cinema, theatre – you’ll find plenty of interest-ing events happening in Frankfurt, with something new to see, listen to, experience or appreciate every day. The Alte Oper (Old Opera House), the Städel Gallery and the Schirn Kunsthalle are all venues with global reputations, ready to inspire you with the latest music and art. On a practical note, this extracurricular activity can also have a positive influence on your future career: cultural awareness is increasingly regarded as a valuable attribute in senior managers.

The city also has plenty of culinary delights on offer. The visitor cannot help but enjoy the swift-changing variety of Frankfurt’s gastronomic offerings, while in nearby Rheingau and Rheinhessen, wine-lovers will appreciate the impressive number of wine growers with interna-tional cachet. But in particular, you must try Frankfurt’s regional speciality, if only once and never again: while Äppelwoi is not to everybody’s taste, it is very much a part of Frankfurt life.

Everybody is always mobile in Frankfurt, thanks to a highly efficient overground and underground rail network. Frankfurt Hauptbahnhof, the main railway station, is one of the city’s major transport hubs, with excellent connections to every part of Germany. And if you need to travel to other parts of Europe or further abroad, you’ll find that Frankfurt Airport is the equal of any airport worldwide.

sTUDYING IN fRaNKfURT

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17GeRMaNY – LaND Of IDeas 17

European Central Bank – a close neighbour of the Frankfurt School campus, as a matter of fact.

Building on the terrible experiences of World War II, Germany developed the Social Market Economy as the guiding principle of mediating between business, politics and society, contrib-uting one foundation stone for prosperity and peace in the growing and deepening European community of nations. The Social Market Economy takes for granted responsible business and the deep-rooted involvement of business in the larger context of concerns for social justice, constructive and inclusive political debate and sustainable ecological development.

Germany is a federal system with a large variety of regions, which have distinct traditions in business and social contexts, ranging from coastal states with their long historical tradition of global trade to the southern states with their unique clusters of engineering excellence. You only need to take a few steps to pay a visit to Germany‘s European neighbours in the east, west, south and north, offering the exuberance of different historical lega-cies, lifestyles and relevant culture. The diversity of Europe and six decades of internal peace are the root causes of European competitiveness and creativity. The European experience will make a profound impression on you and will exert a lasting positive influence on your own professional life.

Germany is widely acknowledged as the birthplace of the modern university education system. In the early 19th century, Wilhelm von Humboldt pro-posed that research and teaching should effective-ly represent two sides of the same coin – an edu-cational principle that has successfully established itself worldwide as the basis for scientific collabo-ration, and is enshrined in the methodology of Frankfurt School of Finance & Management. But during your studies in Germany, you will also dis-cover other giants of German intellectual history – perhaps while visiting Weimar, the heartland of classical Germany, where the spirit of Goethe and Schiller lives on today, or perhaps while wandering through Beethoven’s favourite haunts.

Germany is a country of many aspects, however. As one of the world’s leading industrial nations, Germany’s inventive genius has moved the world for over 150 years – literally, in many cases: con-sider the automobile, for example, invented in Germany back in 1886. Other German innovations include mechanical engineering, the chemical industry, medical technology and most recently, environmental technology – all industries that have had a worldwide impact, along with many others. Today, Frankfurt is the major financial marketplace of continental Europe, home to the

Germany – land of ideas

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18 We sHaPe BUsINess

The Frankfurt School’s success story is constantly being written by our graduates. For more than 50 years now, we have been providing broad basic training for up-and-coming talent and advanced courses for experienced practitioners. Our graduates use the comprehensive in-depth knowledge that they gain here to shape the world of business in Germany, Europe and beyond. We are a private business school with official recognition as a uni-versity and accredited as an institution by the German Council of Science and Humanities (Wissenschaftsrat). A degree or advanced studies qualification from the Frank-furt School is an excellent recommendation anywhere in the world. Consequently our students are drawn from a global pool and our campus is a meeting-place for stu-dents from every continent.

Outstanding research results and an excellent teach-ing record are the hallmarks of a business school with a modern format. We prepare our students for their future responsibilities by following a policy of strong practical orientation, with the solid backing of scientific facts and

theoretical knowledge. And we provide a broad platform for debate and fruitful dialogue.

The close contacts we maintain with companies and organisations worldwide enable us to develop global counselling and training schemes that are geared to the future needs of the business sector. We offer a wide variety of programmes ranging from Bachelor’s and spe-cialist or generalist Master’s degrees to Ph.D. courses. The Frankfurt School is Germany’s market leader in the field of in-service training and continuing professional development. Our portfolio is rounded off by specialised or interdisciplinary Executive Education programmes.

As an institution we are committed to core values such as mutual understanding, respect and trust. Anyone who has passed through the Frankfurt School usually remains loyal for life. Former students who have made their way in the world of business send their up-and-coming managers to us, while our fast-growing alumni network enables graduates to stay in touch across all national or corporate boundaries.

facts and figures

Founded in 1957 as Bankakademie e.V. University status with full authority to award degrees

since 2004; non-profit GmbH (limited company) ow-ned by the Frankfurt School Foundation since 2008

Approx. 1,300 students on full-time academic study programmes

Approx. 5,200 students on part-time courses More than 10,000 participants on training courses Faculty: 42 professors in four departments Alumni: 3,625 graduates from academic study pro-

grammes100,000 from part-time courses.

We shape business

frankfurt school‘sseven fields of activity

Academic Programmes Professional Programmes Seminars Executive Education Corporate Programmes & Services Research International Advisory

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Practical focusAll programmes offered by the Frankfurt School are designed to ensure optimal integration of theory with practice. You will be taught by high-profile practitioners and experienced specialists, using up-to-date case studies based on real-world scenarios. The studies are characterised by their strong focus on practical projects.

ResearchTeaching and research are closely intertwined. New research findings are immediately fed into the teaching environment. At the same time, theories and methods are continuously being upgraded to reflect current business practice. As a result, we are constantly updating our syllabus.

Multicultural settingYour studies will take place in a multicultural setting. As a result, during the programme you will develop a feel for the specific cultural con-ditions and expectations that prevail in interna-tional business circles.

When you opt for a course of study at Frankfurt School of Finance & Management, you are also choosing to benefit from the immediate proximity of prestigious market players and their concentrated expertise. But there are other advantages, too:

five good reasons to study at frankfurt school

statusIn national and international university rankings, the Frankfurt School regularly appears among the top-ranked institutions. As a student, you will benefit from the university’s outstanding reputation in academic and business communities, while you are studying and also in your working life.

NetworkingYou will be studying alongside international students who, like you, completed their first degree course with distinction. In the course of working and debating with them, you will develop your own personal network of contacts, establishing friend-ships that will bring significant benefits throughout your subsequent career.

fIve GOOD ReasONs 19

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Outdoor Campus

The first day of classes at the Frankfurt School looks a bit different to most – especially as students find themselves awaking to the beautiful German countryside. In addition to attending orientation on campus, new students complete two days of ex-citing group challenges and team-building exercises at the School’s Outdoor Campus. This is a great opportunity to get to know your fellow students in a fun environment outside of the classroom, and to also learn what it means to cooperate and work as part of a team.

Due to the diverse backgrounds of our students, who together represent more than 10 countries around the world, two days of hands-on lessons about teamwork and communication is the per-fect start to the course of studies. Instructed by teambuilding professionals, group leaders direct students on a variety of adventures that are de-signed to enhance everyone’s ability and willing-ness to work together to accomplish the team’s greater goals – just like in the real world. From scaling castle walls, to blindfolded orienteering and group stage performances, there are adven-tures suited to everyone’s tastes.

INTeRNaTIONaLITY20

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21seRvICes OffeReD BY fRaNKfURT sCHOOL

Beyond tuition – adding value through our services

During your course of study, Frankfurt School of Finance & Management would like to support you as effectively as possible.

Career Services supports students with a wide range of activities to help students planning their future career:

application check, advice on working-student oppor-tunities, internships, corporate training programmes, and last but not least personal consultation.

Excursions, events and company presentations or-

ganised by Career Services initiate the direct contact between students and recruiters on campus.

Benefits to you? While you’re still studying, you can start making contacts in precisely the companies and sectors in which you’re hoping to forge your future career. In consultation with you we can help you to develop your next step following your graduation

feedback

We attach great importance to openness, transparency and a climate of mutual respect. At Frankfurt School, our teaching staff, programme management and study advisors always have time for you. While our pro-grammes don’t feature scheduled consultations as such, students regularly provide us with valuable feedback. This means that the content and quality of our teaching are also subject to continual improvement. By being open to your questions and suggestions, we can swiftly iden-tify and implement ways to improve our programmes and optimise our delivery.

Online Campus

Our online campus will become a key element in your studies at Frankfurt School. Through this tried and tested online learning platform you have 24-hour access to all the most up-to-date programme content – complete with links to useful learning resources – even when you’re off-campus. You can also exchange news and views with your colleagues and fellow-students, either on work-related issues or for social reasons. And of course you can also use the online campus to contact your tutors or other teaching staff at the Frankfurt School to ask them specific queries or find out more about a particular problem area.

Using our online campus, you can supplement your on-site study time and make progress at your own pace, as best suits your personal schedule.

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Your application

If you wish to apply for admission to the programme,the deadline for applications is 31st May. In individualcases, however, applications may be considered afterthe official deadline. Applications are accepted in order of submission, which is why we advise you to apply as early as possible.

In addition to your completed application form, you will also need to provide us with:

Certified copies of university degree certificates evidence of your English-Language skills (min.

90 points TOEFL (IBT) or IELTS 6.5, or equivalent) official GMAT score report (Programme Code –

FCB-RP-85) CV and proof of professional qualifications,

if appliable a recent colour photograph

Once your application has been assessed, we will inviteyou to attend a personal interview with a faculty mem-ber in Frankfurt or via telephone. During the interview, which lasts approximately one hour, we explore your professional and academic experience and your future goals. We will inform you about the acceptance of your application shortly after the interview. We wish you every success in planning for your future career!

factsheet

Concentrations: Capital Markets, Corporate Finance, Development Finance, Accounting & Taxation

Degree: Master of Science

Duration: Four semesters/24 months1)

Location: Frankfurt am Main

Part-time Yes, your full-time study may be work option: combined with part-time work

ECTS Points: 120

Language: English

Start of course: September

Application deadline: 31st May

Admissions: First university degree, strong English language skills, valid GMAT score, successful participa-tion in our admissions interview

Tuition fees: EUR 29,400

Enrolment fee: EUR 100

1) Bachelor graduates of the Frankfurt School or Bachelor

graduates with 210 ECTS points are able to have part of

their learning achievements acknowledged.

ORGaNIsaTION & INvesTMeNT

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Your contact person at the student services Office:

Ines Obenauer

Tel. +49 69 154008-251Fax +49 69 [email protected]

Programme Director

Martin Diedrich

Tel. +49 (0)69 [email protected]

Your contacts

No matter what assistance or information you need regarding your continuing education, we will gladly help you decide whether the Master of Finance programme is right for you. The Student Services Office is ready and waiting to answer your questions; we look forward to hearing from you.

© 2012 Frankfurt School of Finance & Management

Disclaimer

The contents of this brochure are current at the time of going to press. All information published in this brochure is intended merely to provide a general overview of the study programme: Frankfurt School of Finance & Management reserves the right to modify the curriculum, the schedule or any parts thereof. The same applies to tuition fees and internal and external ex-amination fees. For the latest updates, please contact our Student Services Office.

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frankfurt-school.de

Sonnemannstrasse 9–11

60314 Frankfurt am Main

Germany

Tel. +49 69 154008-0

Fax +49 69 154008-650

[email protected]

FS-2

025E

03/

12 x

xxxx

xxxx

(20)

Office India

Sumit Rai

C 403 Gera Emerald City (North)

Near Eon IT Park, Kharadi,

411014 Pune

India

Tel: +91 020 2704 -1002

[email protected]

Office Kenya

Willemien Libois

Mandera Road,

Kileleshwa, Nairobi

Kenya

Tel.: +254 (0)712 293855

[email protected]

Office Brazil

Christian de Lamboy

Rua Verbo Divino 1488

04719-904 São Paulo - SP

Brasil

Tel /Fax: +55 (11) 5187-5158

[email protected]

Office China

Yumin Yan

Room 1911, Guohong B

No. 11A Muxidi Beili, Xicheng District

Beijing 100038

China

Tel: +86 10 63908990

Fax +86 10 63908991

[email protected]