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Ultimate Guide:MS in Finance in Germany-All You Need to Know

by | Masters In Germany

Ultimate Guide:MS in Finance in Germany-All You Need to Know

by | Jul 1, 2024 | Masters In Germany

Masters in Finance in Germany: An Overview

A master’s degree in finance from Germany provides access to outstanding opportunities and top-notch education. In Germany, the two-year MSc Finance degree is ideal for students aiming for careers in international business and finance. Choosing Germany for your MSc Finance is an excellent decision among European options, as Germany is a premier hub for navigating the complex world of finance. Moreover, universities like TU Munich and the University of Kaiserslautern excel by offering comprehensive business education, ensuring graduates become competent and well-rounded finance professionals.

Choosing Germany for a Master’s in Finance

In Germany, a master’s degree in finance is highly desirable across various fields. Moreover, studying in Germany offers a unique chance to engage with a vibrant academic community and diverse culture. As a global economic superpower, Germany combines academic rigor with real-world experience.

Therefore, you will gain both a vibrant business environment and a strong theoretical foundation. Additionally, the diverse community ensures an enriching educational experience, preparing you for the global financial arena.

Master’s Degree Admission Requirements in Finance

General Prerequisites

  1. Bachelor’s Degree:
  • Relevant bachelor’s degree in Finance or a closely related field.
  • Minimum GPA: 3.0 (equivalent to 83–86% or above).
  1. Language Proficiency:
  • German Language: CERL B2 level.
  • English Language: IELTS 6.5 or TOEFL-IBT 80.
  1. Standardized Examinations:
  • GMAT: Minimum score of 600.
  • GRE: Minimum score of 315.
  • GATE: 90th percentile.

Required Documents

  1. Academic Transcripts:
  • All prior academic transcripts.
  • Transcripts for bachelor’s degrees from non-EU nations must be assessed by uni-assist.
  1. Language Competency Exam Results:
  • Results of DSH, TOEFL, IELTS, or equivalent.
  1. Revised Resumé:
  • Up-to-date CV highlighting academic and professional achievements.
  1. Transcripts of Endorsements:
  • Letters of recommendation from academic or professional references.
  1. Motivation Letter or Statement of Intent:
  • A well-articulated letter explaining your interest and goals for pursuing the Master’s in Finance.
  1. Identification Documents:
  • Passport copy.
  • Up-to-date photos.

Additional Conditions

  1. Relevant Professional Experience (occasionally required):
  • Some programs may require relevant professional experience in finance or a related field.

Masters in Finance at Public Universities in Germany

Germany’s public institutions, known for their high academic standards, offer affordable, excellent education. Therefore, explore top finance degrees at Technical University Munich, Freie University of Berlin, and University of Kaiserslautern to build a prosperous career.

Master of Finance in Germany: Public University

Eligibility Requirements:

1. Technical University Munich: a three-year bachelor’s degree in statistics, mathematics, industrial engineering, economics, or a related field
640 on the GMAT
Language Requirements: TOEFL 88 | IELTS 6.5
2. Freie University of Berlin: 45 credits in finance-related coursework for an undergraduate degree in economics or law
GMAT or GRE not required
Requirements for Language: TOEFL 80 | IELTS 5.0
3. University of Kaiserslautern: a business mathematics bachelor’s degree or its equivalent
GMAT or GRE not required
Language requirements: TOEFL-iBT 80, TOEFL-CBT 213, TOEFL-PBT 550, IELTS 6.0

Scholarships for Masters of Finance in Germany

Scholarships are crucial for funding your study, and Germany offers several options for overseas students pursuing an MSc in Finance.

To reduce the financial burden, consider the Deutschlandstipendium, Heinrich Böll Foundation Scholarships, and DAAD Scholarships. These scholarships provide monthly stipends of 750 to 850-1200 EUR (69,742 – 98,459 INR) to assist with living expenses.

Career Prospects for German Masters of Finance Students


Equipped with a German Master’s in Finance, you enter a world of varied professional options. Opportunities abound in corporate finance, banking, and consultancy.

Furthermore, the average income in Germany post-MS ranges from 40K to 60K Euros yearly. This is over five times higher than in India for similar roles, which offer about 32L-50L INR.

Additionally, MSc Finance graduates find many opportunities in the German job market. Recruiters from top firms like Audi, BMW, Allianz Worldwide, Deutsche Bank Group, Munich Re, Ascribe, and Commerzbank frequently visit college campuses.

They offer attractive job openings directly related to the academic environment.

German MBA program in finance

Germany offers top-notch Masters of Finance programs. Therefore, those seeking a comprehensive business approach may pursue an MBA in Finance there.

Additionally, reputable institutions like ESMT Berlin and Mannheim Business School provide a thorough business education. Consequently, they help you become a well-rounded financial expert.


Choosing to pursue a master’s degree in finance in Germany is a smart move. It combines academic excellence with practical relevance.

Due to the nation’s strong economic growth and commitment to education, graduates are well-positioned for success. Seize the chance to advance your career and shape the global financial landscape.



Q. What is the German financial industry’s scope?
Germany’s strong economy guarantees a wide range of opportunities for finance professionals, making it one of the best places to pursue an MS in finance.
There are many opportunities in corporate finance, banking, and investing, and having a global perspective is an added benefit.

Q. Does Germany provide decent MS finance programs?
In Germany, an MS in finance is the best option. Germany’s public institutions provide top-notch finance education that lays the groundwork for a prosperous professional life. The multicultural setting improves the educational process even more.

Q. Which German financial course is the best?
Many schools provide excellent finance courses. For a well-rounded education, take into account courses offered by the University of Kaiserslautern, Freie Universität Berlin, and Technical University of Munich.

Q. How long does Germany’s Master of Finance program last?
In Germany, a master’s degree in finance typically lasts two years. Program lengths might differ, though, so it’s important to confirm the particular criteria of the school of choice.

Q. How much does a German master’s degree in finance pay?
In Germany, compensation for financial professionals varies according on geography, industry, and experience. A master’s graduate can typically anticipate a respectable wage in the range of 40K to 60K euros annually, particularly in significant financial centers like Frankfurt.

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