Is Goethe university Frankfurt, Germany a better option than Presidency College, India for doing M.A?

Goethe University provides a scholarship worth 500 euro per month for a maximum of 6 months to international students. Students need to register for final examinations and undertake an undergraduate, postgraduate, or state exam thesis, with written confirmation from the examination office to apply for the scholarship. For application approval, the application form and other documents must be handed over in person and within the given deadline.

DAAD Scholarship for International Graduates and Undergraduates: DAAD scholarships support national and international students with a variety of scholarship programs. This scholarship applies to students who have completed their undergraduate courses. It focuses mainly on postgraduate studies and on students who want to pursue their PhD in Germany. Students must apply for a scholarship within 15 months of arriving in Germany. International students can also apply for this scholarship via the German embassy from their home country.

Note: Scholarship deadlines and amounts may vary with progressive years. Students must check the exact deadlines and minimum requirements with their respective departments and apply for the desirable awards on time to make their profiles considerable.

For more details on the scholarship application process and deadlines, please visit the university’s scholarship webpage.

Yes, the university offers good accommodation facilities for international students. Currently, seventeen dorms offer more than 18,500 rooms for students. It is best for students to apply for accommodation as soon as possible because the university allocates housing on a first-come-first-served basis.

Accommodation Details

Goethe University mainly provides two types of accommodation to international students. The details of the accommodation facilities offered by the university are:

1. Flat Shares

In flat shares, students share an apartment where they get independent rooms while sharing a kitchen and bathroom with other students. Flat shares are relatively cheap, starting at 300 euros based on size, facilities, and area.

2. Rental Apartments

In rental apartments, students get an entire apartment to themselves, including a kitchen and bathroom. Additionally, utilities such as water and electricity are charged separately. The average cost of rental apartments is 500 euros based on the size, facilities, and area.

Accommodation Application

Students need not wait till admission confirmation. They can apply for accommodation online simultaneously while applying for admission. Goethe University offers various types of accommodation such as furnished and unfurnished one-room apartments and communal rooms for leisure activities. The rental period of university accommodation is a maximum of 4 years.

Accommodation Cost

The accommodation cost at Goethe University is between EUR 210 and EUR 500 per month based on the size and amenities and whether students select an apartment or a single room.

Please be aware that the rent that is quoted is usually just the basic rent (in German Kaltmiete). On top of this, you will have to pay utilities and charges such as heating, water etc.

Cost of Living

The living expenses for international students have been specified by the university as follows:

Source: Goethe University

1 Euro = INR 91.03

International students must keep into account these and other miscellaneous costs along with the tuition fee while preparing their overall budget.

Note: Living costs vary depending on students’ lifestyle choices. Additionally, housing and dining rates are subject to change with progressive years. To know the exact costs of on or off-campus accommodation, please check the university’s accommodations webpage.

Goethe University Frankfurt offers the MSc Finance and Economics programme which includes the following:

• The course has been designed to provide training to the students in Microeconomic theory, Monetary economics, International Macroeconomics, Data Sciences, and some aspects of programming. 
• It focuses on issues related to the financial practitioners and economic policy decision makers and works on the development of strong communication, team work and leadership skills. 
• Students will receive a benefit of having a strong faculty at the MSc Finance and Economics programme especially in the areas of finance and microeconomics.