Frequently Asked Questions

How often do you accept students into the program?

We accept students each year for the winter semester only. Please visit the GSEFM application site for more information.


When do I have to apply and what is the application process?

We have three stages in which prospective students can apply. The first stage ends on January 31st, the second stage ends on March 31st, and the third stage ends on May 31st. Click here for further details.


Can I apply without having finished my current degree?

Yes, but you must finish your studies before the start of the program.


Do I need to submit two different application forms for the Master and Ph.D. programs?

No, a single application can cover both degrees.


Do I have to pay an application fee?

No. Application to all GSEFM programs is free of charge.


Is education at GSEFM free of charge?

Yes, there is no tuition fee for students enrolled at GSEFM. However, there is a registration fee of approximately 365 Euros per semester which also entitles to public transportation in Hessen, the federal state in which Frankfurt is located. Please click here for further details.


What is the difference between the MSQ and Ph.D. Program?

The MSQ is a quantitative master degree program, while the Ph.D. is a doctoral program. First-year MSQ and Ph.D. students enroll in similar sets of courses. Click here for more information about the structure of the GSEFM programs.


Can I pursue a Ph.D. degree if I am enrolled as MSQ student?

Yes. As described before, you need to pass a set of exams during the first year of studies.


Can I pursue both an MSQ and a Ph.D. degree?

Highly competitive bachelor graduates can directly pursue a Ph.D. at the GSEFM. Additionally, they also have the chance to earn an MSQ-degree after successfully completing the first two years of their studies. Students admitted to an MSQ program can transit to the corresponding Ph.D., provided that they pass a set of exams during the first year of studies.


Do I require a Master degree to apply for the Ph.D. program at GSEFM?

No. You can directly apply for the Ph.D. program as a bachelor graduate. However, independently of whether you started in the Ph.D. or MSQ program, you will have to pass a set of exams during the first year to continue in the Ph.D. program or to be admitted in it (see below for further details).


Can I pursue a Ph.D. degree at the GSEFM if my background is engineering or mathematics?

Yes. We strongly encourage you to pursue a Ph.D. in any of these areas. Your background in engineering or mathematics may even help you during the first two year of studies, because some of the classes are rather technical. Yet, you might want to broaden your knowledge by taking additional courses in fields such as econometrics, business or marketing.


Should I pass any exams as part of the admission process to a Ph.D. program?

No. The only requirement to be admitted to the MSQ and Ph.D. programs is to submit an application. Nevertheless, students admitted to a Ph.D. program must pass a set of qualifying exams at the end of their first year of studies in order to be able to continue pursuing a Ph.D. degree at the GSEFM. Students admitted to a MSQ program can transit to the corresponding Ph.D. after their first year of studies, provided that they pass a set of exams.


Can I get financial aid during my first two years of studies?

Thanks to the generous support by various institutions, GSEFM can grant financial aid for a limited number of incoming Ph.D. students. All Ph.D. program applicants are eligible to be considered for financial aid in the form of a stipend for the first year of studies. In addition, Goethe University offers a two-year scholarship program that is open to applicants who (exclusively) hold degrees from universities outside of Germany.

Students looking for financial aid are also encouraged to check the internal Job Market section of the GSEFM intranet site, where open positions are published on a regular basis. The positions announced there include, for example, research assistant positions, scholarships and part-time jobs. Am I eligible for this program as an international student? International students are very welcome. International students and professionals represent an important proportion of the GSEFM students and alumni.


How important is it to speak German?

All courses at GSEFM are taught in English and conversations between students and professors are usually in English. Within that context there is little need to speak German throughout the first two years of studies. However, research-assistance positions might require some knowledge of German. Although most Germans speak English well and Frankfurt is certainly one of the most international cities in Germany, living in any country is a lot easier for people who can speak the local language. Thus, Ph.D. students are well advised to improve their German during their studies. Goethe University offers a wide range of courses that can help you to achieve that goal.