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Frankfurt School of Finance & Management

Frankfurt School of Finance & Management
Logo of the Frankfurt School of Finance & Management
Former names
Bankakademie, Hochschule für Bankwirtschaft
Type Private non-profit
Established 1957 (1957)
Budget EUR 71.3m (2011)
President Udo Steffens
Vice-president Michael H. Grote, Hartmut Kliemt
Academic staff
63
Administrative staff
340 (incl. consulting services, excl. subsidiaries)
Students 1,405
Undergraduates 750
Postgraduates 648
57
Other students
5,080 (continuing education programs)
Location Frankfurt am Main, Hesse, Germany
50°06′34.70″N 08°41′50.68″E / 50.1096389°N 8.6974111°E / 50.1096389; 8.6974111Coordinates: 50°06′34.70″N 08°41′50.68″E / 50.1096389°N 8.6974111°E / 50.1096389; 8.6974111
Campus Urban
Colors Blue and white         
Website www.frankfurt-school.de

The Frankfurt School of Finance & Management is a private non-profit Business school in Frankfurt, Germany.

The Frankfurt School of Finance & Management was founded 1957 as Bankakademie (Bank Academy), initially as a training institute for the employees of German banks. These continuing education programs remained the main focus for the first three decades. In the 1990s the pace of development accelerated. In 1989 the Bankakademie created its own publishing house, followed one year later by the foundation of the Hochschule für Bankwirtschaft (HfB), an academic institution offering degree programs. A consulting arm, International Advisory Services, was added in the 1990s as well, as was a separate department for Executive Education and tailor-made training programs for companies. Efiport, a subsidiary for e-learning and IT solutions for higher education, was created in 2001.

In 2004 HfB officially became a research institution with the rank of a university and was granted the right to award doctoral degrees. In 2007 HfB and Bankakademie were merged under the new name Frankfurt School of Finance & Management.

The Frankfurt School is officially recognised as a higher education institution with the rank of a university by the German authorities. As such, it has the right to award undergraduate, postgraduate and doctoral degrees.

Since 2014 Frankfurt School is accredited by AACSB and EQUIS. Together with the ESMT Berlin, the University of Mannheim, and WHU Frankfurt School is one of four German business schools with both AACSB and EQUIS accreditations.

The School has also been accredited by the German Council of Science and Humanities (Wissenschaftsrat) and by the FIBAA. The Master of Finance and the Bachelor of Science in Business Administration hold FIBAA's Premium Seal. Its MBA in International Healthcare Management is accredited by the EFMD.


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