Founded in 1957, Frankfurt School of Finance and Management is a non-profit private higher-education institution located in the urban setting of the large city of Frankfurt am Main (population range of 500,000-1,000,000 inhabitants), Hesse. Officially recognized by the Hessisches Ministerium für Wissenschaft und Kunst (Hessen Ministry of Higher Education, Research and the Arts), Frankfurt School of Finance and Management (FS) is a very small coeducational German higher education institution. Frankfurt School of Finance and Management (FS) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. This 65 years old German higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 30-40% making this German higher education organization a very selective institution. International students are welcome to apply for enrollment. FS also provides several academic and non-academic facilities and services to students including a library, housing, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.