FOM University of Applied Sciences: Rankings, Cost, Programs, Placements

Aalen, Germany • Private


FOM University of Applied Sciences

Overview

Latest Updates

  • The university announced the tuition fees for the Bachelor of Arts in Business Administration program for the 2025/2026 academic year. The annual tuition fee is set at 8,610 EUR.

FOM University of Applied Sciences for Economics and Management offers a Master of Science in Finance for the 2026 intake. International students need a bachelor's degree with at least 60 credit points in economics or related fields.

The program requires English proficiency, with IELTS 6.5 or TOEFL 80+ scores. A GPA around 83-86% is expected, aligning with German standards for finance masters. Applicants must submit various documents, including a motivation letter and proof of financial support. The program admits students in both summer and winter semesters.

The summary of the admission process emphasizes the need for relevant academic qualifications and language skills.

  • Requires a bachelor's degree with 60 credit points in economics.
  • English proficiency: IELTS 6.5 or TOEFL 80+.
  • Expected GPA: 83-86%.
  • Admission in summer and winter semesters.

Alternatively, a degree in any discipline with 1.5 years of relevant professional experience is acceptable, provided the gap course "Fundamentals of Business Administration" is completed. If the program includes German language components, recognized certificates like Goethe or DSH-2 are necessary.

The Bachelor of Arts in Business Administration at FOM University has a tuition fee of 8,610 EUR per year. Scholarships and financial aid options are available for students. The DAAD Scholarships offer variable amounts based on merit and need. The Deutschlandstipendium provides 300 EUR per month for students demonstrating academic excellence and social engagement.

Applicants must submit a range of documents, including a completed online application form, certified copies of educational certificates, a motivation letter, a CV, proof of language proficiency, and evidence of financial support. The program admits students in both summer and winter semesters, with lecture periods from March 1 to August 31 and September 1 to February 28. International students should verify specific application deadlines with FOM's international office.

For the Bachelor of Arts in Business Administration, FOM sets clear financial expectations. The total first-year cost is around 20,020 EUR. Various scholarships are available to help students manage these costs.


FOM University of Applied Sciences for Economics and Management Programs: Quick Highlights 2026-27

FOM University of Applied Sciences

Look at the table below to know the quick highlights for FOM University of Applied Sciences for Economics and Management Programs.

Particulars

Details

Program

Master of Science in Finance (2026 intake)

Academic Degree

Bachelor’s, Master’s, Diploma, or state examination with 60 credit points in economics or a related field

GPA Requirement

Approximately 83-86% or higher (2.0 on the German scale)

Language Proficiency

IELTS 6.5, TOEFL 80+, or equivalent

Additional Documents

Application form, certified copies of certificates, motivation letter, CV, proof of financial support

Admission Conditions

No numerus clausus, but meeting academic and professional experience requirements is essential

Application Periods

For summer and winter semesters, check the international office for deadlines

FOM University of Applied Sciences

Programs

FOM University of Applied Sciences for Economics and Management Programs: Course Structure

The Course Structure of the Bachelor of Arts in Business Administration at FOM University of Applied Sciences spans six semesters. It totals 180 ECTS credits. The program starts in the winter semester.

  • Duration: 3 years
  • Start Date: October
  • Language of Instruction: German
  • Location: Essen, Germany

The Course Structure includes a comprehensive curriculum designed to prepare students for careers in business administration.


FOM University of Applied Sciences for Economics and Management Programs: Tuition Fee Breakdown

Fee Components

The tuition fee for the 2025/2026 academic year is 8,610 EUR per year. A one-time registration fee of 1,580 EUR is required at enrollment. Additionally, students must account for examination fees and material costs.

The examination fee is a one-time charge of 350 EUR for the final thesis or examination. Material costs range from 200 to 500 EUR, covering books and study supplies. Health and liability insurance costs between 1,060 and 1,200 EUR annually for international students.

Living expenses in Essen, including accommodation, food, and transport, are estimated at 8,000 to 10,000 EUR per year. The total first-year cost, including all fee components, averages around 20,020 EUR. This comprehensive breakdown aids in budgeting for the program.

  • Tuition Fee: 8,610 EUR per year
  • Registration Fee: 1,580 EUR (one-time)
  • Examination Fee: 350 EUR (one-time)
  • Material Costs: 200-500 EUR
  • Insurance: 1,060-1,200 EUR per year
  • Living Expenses: 8,000-10,000 EUR per year
  • Total first-year cost: 20,020 EUR.

Fee Component

Amount (€)

Frequency

Application Fee

75

One-time

Tuition Fee per Semester

3500

Per Semester


Note: Fees are for the Master of Science in Finance program at FOM University of Applied Sciences for Economics and Management.


Payment Options

Payment Options for the Bachelor of Arts in Business Administration at FOM University of Applied Sciences include various methods to cover tuition and associated costs. Students can choose from several payment options to manage their financial commitments effectively.

· Semester Payments: Tuition fees can be paid per semester.

· Annual Payments: Full tuition can be paid annually.

· Scholarships: Various scholarships like DAAD, Deutschlandstipendium, and FOM University Scholarships are available.

Selecting the right payment options ensures students can focus on their studies without financial stress.


FOM University of Applied Sciences for Economics and Management Programs: Preparatory Courses


FOM University of Applied Sciences for Economics and Management Programs: Course Offerings

Course Offerings at FOM University of Applied Sciences include preparatory courses for the Master of Science in Finance program. These courses help international students meet the admission requirements for the 2026 intake.

  • Fundamentals of Business Administration: Required for students with a degree in any discipline but less than 60 credit points in economics.
  • Language Proficiency Courses: Offered to help students achieve the necessary IELTS 6.5 or TOEFL 80+ scores for English proficiency.

These preparatory courses ensure students can apply with confidence. They cover essential knowledge and skills needed for the course offerings at FOM University.


FOM University of Applied Sciences for Economics and Management Programs: Course Benefits

Course Benefits of the Master of Science in Finance at FOM University provide students with a robust foundation in financial management and economics. Current professional employment is generally required but may be waived in exceptional cases.


FOM University of Applied Sciences for Economics and Management Programs: Program Schedule


FOM University of Applied Sciences for Economics and Management Programs: Semester Breakdown

Semester Breakdown for the Bachelor of Arts in Business Administration at FOM University of Applied Sciences provides a clear schedule for students. The program spans six semesters, starting in the winter semester. This structure helps students plan their academic journey effectively.

The academic year 2025/2026 begins in October with the winter semester. Each semester lasts approximately six months, allowing for comprehensive study periods. Students can expect to complete the program in three years, accumulating 180 ECTS credits.

International students must also consider insurance costs, which range from 1,060 to 1,200 EUR annually. 

· The program lasts six semesters.

· Total first-year costs are approximately 20,020 EUR.

· Scholarships like DAAD and Deutschlandstipendium are available.

The tuition and associated costs for the Bachelor of Arts in Business Administration at FOM for the 2025/2026 academic year are detailed and structured. It is primarily taught in German, with potential English tracks available.


Master of Business Administration [MBA]

2 courses • 2 years • Full Time
USD 17400Average tuition fees
USD 52,000Median salary
IELTS, TOEFLExams accepted
31 Mar - 30 Oct 2025Application date

Bachelor of Engineering [BE]

1 courses • 4 years • Full Time
USD 29300Average tuition fees
USD 55,000Median salary
IELTSExams accepted
31 Mar - 30 Oct 2025Application date

Bachelor of Science [B.Sc]

4 courses • 3 years • Full Time
USD 25000Average tuition fees
USD 35,000Median salary
IELTS, TOEFLExams accepted
31 Mar - 30 Oct 2025Application date

Master of Science [M.Sc]

5 courses • 2 years • Full Time
USD 21300Average tuition fees
USD 46,000Median salary
IELTS, TOEFLExams accepted
31 Mar - 30 Oct 2025Application date

View all courses available at FOM University of Applied Sciences

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FOM University of Applied Sciences

Admissions

FOM University of Applied Sciences for Economics and Management Programs Admission: Eligibility Criteria

Eligibility Criteria for international students applying to the Master of Science in Finance program at FOM University of Applied Sciences for Economics and Management for the 2026 intake include specific qualifications.

  • Applicants need a bachelor's degree with at least 60 credit points in economics or a related field.
  • Meet the general GPA expectation of around 83-86% or higher, equivalent to a 2.0 or better on the German grading scale.
  • A degree in any discipline is acceptable if accompanied by 1.5 years of relevant professional experience and completion of the "Fundamentals of Business Administration" course.
  • English proficiency is required, with minimum scores of IELTS 6.5 or TOEFL 80+.
  • Applicants must submit a complete application package, including educational certificates, a motivation letter, CV, and proof of financial support.
  • The program has no admission restrictions, but meeting all criteria is essential.

Meeting the eligibility criteria is crucial for a successful application to the M.Sc. in Finance program at FOM University.

By understanding the program details and associated costs, prospective students can better prepare for their academic journey at FOM University.

Program

Admission Requirements

Application Periods

Master of Science in Finance at FOM University of Applied Sciences for Economics and Management

Bachelor's degree with 60 credit points in economics or related field; GPA around 83-86%; IELTS 6.5 or TOEFL 80+; motivation letter, CV, proof of financial support, certified copies of educational certificates

Summer semester: March 1 - August 31; Winter semester: September 1 - February 28


Note: Data relevant for the 2026 intake. Dates are based on the academic calendar for FOM University of Applied Sciences for Economics and Management.


FOM University of Applied Sciences for Economics and Management Programs Admission: Application Process

The Application Steps for international students seeking admission to the Master of Science in Finance program at FOM University of Applied Sciences for the 2026 intake involve several key requirements.

  • Submit a completed online application form, certified copies of educational certificates, a motivation letter, CV/resume, proof of language proficiency, and evidence of financial support.
  • Additional documents may include a passport copy, proof of application fee payment, health and life insurance certificates, and recommendation letters.
  • Apply within the designated periods for summer and winter semesters, checking the university's international office for precise deadlines.

By following these Application Steps, international students can successfully apply to the M.Sc. in Finance program at FOM University for the 2026 intake.


FOM University of Applied Sciences for Economics and Management Programs Admission: Module Pass Rates

Pass Rate Data provides crucial insights into the performance of students across various modules at FOM University of Applied Sciences. This data helps in understanding the difficulty levels and success rates of different courses. It is essential for both students and educators to gauge the effectiveness of the curriculum.

The pass rates for the Bachelor of Arts in Business Administration program at FOM University for the 2025/2026 academic year reflect the rigor and standards of the institution. These rates are influenced by factors such as course content, teaching methods, and student engagement. Analyzing this data can aid in identifying areas where additional support or resources might be needed.

Understanding pass rate data is vital for prospective students to make informed decisions about their academic journey. It also assists current students in planning their study strategies effectively. By reviewing this data, one can better prepare for the challenges ahead.

  • Pass rates vary across different modules within the Business Administration program.
  • This data is useful for both students and faculty to enhance educational outcomes.
  • Pass Rate Data remains a key metric for assessing program success.

Module

Pass Rate (%)

Assessment Date

Financial Markets

85

2025-12-15

Corporate Finance

92

2025-12-20

Quantitative Methods

78

2026-01-10

Risk Management

88

2026-01-25

Investment Analysis

90

2026-02-15


Note: Pass rates are based on the most recent assessments and are subject to change.


FOM University of Applied Sciences for Economics and Management Programs: Documents Required

The Required Documents for international students applying to the Master of Science in Finance program at FOM University of Applied Sciences for Economics and Management for the 2026 intake include several key items.

  • A certificate of an academic degree with at least 60 credit points in economics or a related field.
  • A degree in any discipline with 1.5 years of relevant professional experience and completion of the "Fundamentals of Business Administration" course.
  • Proof of English proficiency with IELTS 6.5 or TOEFL 80+ scores.
  • Certified copies of educational certificates, translated if necessary.
  • A motivation letter, CV/resume, and evidence of financial support.
  • Possible additional documents like a passport copy, application fee payment proof, health and life insurance certificates, and recommendation letters.


FOM University of Applied Sciences for Economics and Management Programs Admission: Important Dates

Exam Periods are scheduled throughout the academic year at FOM University of Applied Sciences. The next exam period for the 2025/2026 academic year will occur from February 1 to February 28, 2026.

  • Winter semester exams: February 1 – February 28, 2026
  • Summer semester exams: August 1 – August 31, 2026

Students should prepare thoroughly for these exam periods to ensure success in their courses.


Read More :FOM University of Applied Sciences Admission

Bachelor of Science [B.Sc]

4

Courses

3 yrs

Duration

400

Total Seats

USD 20,500 - 29,500

Tuition Fees

IELTS, TOEFL

Exams

12TH

Eligibility

5

Courses

2 yrs

Duration

570

Total Seats

USD 16,900 - 25,700

Tuition Fees

IELTS, TOEFL

Exams

GRADUATION

Eligibility

1

Courses

4 yrs

Duration

180

Total Seats

USD 29,300 - 29,300

Tuition Fees

IELTS

Exams

12TH

Eligibility

2

Courses

2 yrs

Duration

90

Total Seats

USD 17,300 - 17,500

Tuition Fees

IELTS, TOEFL

Exams

GRADUATION

Eligibility

1

Courses

2 yrs

Duration

165

Total Seats

USD 11,600 - 12,000

Tuition Fees

IELTS, TOEFL

Exams

GRADUATION

Eligibility

FAQs related to Admissions

Applicants must hold a Bachelor’s, Master’s, Diploma, or state examination with at least 60 credit points in economics or a related field. Alternatively, a degree in any discipline with 1.5 years of relevant professional experience is acceptable, but the 'Fundamentals of Business Administration' course must be completed.

While FOM does not specify a precise GPA cutoff, general expectations for Master’s in Finance programs in Germany are around 83-86%, equivalent to approximately a 2.0 on the German grading scale.

Proficiency in English is required with a minimum score of IELTS 6.5 or TOEFL 80+. If parts of the program are in German, recognised certificates like Goethe Certificate or DSH-2 are expected.

Applicants must submit a completed online application form, certified copies of educational certificates, a motivation letter, proof of language proficiency, a CV/resume, and evidence of financial support.

View all admissions at FOM University of Applied Sciences

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FOM University of Applied Sciences

Placements

FOM University of Applied Sciences for Economics and Management Programs: Career Impact

Career Impact begins with the right educational choices. International students eyeing the Master of Science in Finance at FOM University for the 2026 intake must meet specific academic and professional criteria. Completing this program can significantly enhance one's career impact. Graduates gain valuable skills and knowledge, positioning them for advanced roles in finance. The international exposure and rigorous curriculum prepare students for global career opportunities.


FOM University of Applied Sciences for Economics and Management Programs: Career Services

Service Offerings

Service Offerings at FOM University of Applied Sciences include a range of career services designed to support students in their professional development. These services are tailored to meet the needs of students pursuing various programs, including the Bachelor of Arts in Business Administration.

  • Career counseling to help students identify their career goals and plan their professional journey.
  • Workshops on resume writing, interview skills, and job search strategies.
  • Internship placement assistance to connect students with relevant industry opportunities.
  • Networking events and career fairs to facilitate connections with potential employers.
  • Alumni mentoring programs provide guidance and insights from experienced graduates.

Students can choose to engage with these Service Offerings to enhance their career prospects and gain a competitive edge in the job market.


Success Stories

Success Stories highlight the achievements of FOM University alumni in the Master of Science in Finance program. These narratives showcase how graduates leverage their education for career advancement. The program's rigorous curriculum prepares students for success in the finance industry.

Alumni from the 2024 intake secured positions at top financial institutions. One graduate now works as a financial analyst at a leading bank in Frankfurt. Another alumni joined a prestigious investment firm in Munich, attributing their success to the practical skills gained at FOM.

The Master of Science in Finance at FOM University equips students with essential knowledge in economics and finance. Success Stories from FOM University illustrate the tangible benefits of the Master of Science in Finance program. Graduates apply their skills in real-world settings, achieving notable career milestones. The program's structure and requirements set a solid foundation for future success in finance.

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FOM University of Applied Sciences

Scholarships

Scholarships such as DAAD, Deutschlandstipendium, and FOM University Scholarships are available. These can be merit-based, need-based, or both. International students should explore these options to manage their educational expenses effectively.

  • DAAD Scholarships: Variable amounts based on merit and need, highly competitive.
  • Deutschlandstipendium: 300 EUR per month, based on merit for outstanding academic and social engagement.
  • FOM University Scholarships: Variable, contact Student Advisory Service.

FOM University of Applied Sciences

Faculty