Master in Finance in Germany for International Students: Requirements, University Rankings and more

A Master’s in Finance from Germany is highly sought after by international students who have completed their Bachelors in Finance. The country of Germany for international students is a steal as public universities do not have tuition fees. However, they do have a nominal fee per semester around EURO250 to EURO6000. When it comes to academics, the Universities in Germany offer amazing practical experiences via their Finance courses which will get you ready for a career in Finance. Read on to learn more about the Universities in Germany that offer a Master in Finance degree along with their rankings, the requirements and eligibility criteria, and job prospects along with their average salaries. 

Field Name	Finance
Level	Postgraduate
Eligibility	Undergraduate in Finance
Job Opportunities	Finance Manager, Investment Banker, Financial Analyst, Risk Manager, Corporate Controller
Salary Average	EURO 76,300

What is a Master in Finance in Germany?

A Master in Finance in Germany is an academic program that has a financial theory, analysis, and application. Furthermore, the programs usually cover areas like asset management, corporate finance, risk management, and financial markets.

• Germany’s strong economy and financial institutions provide exceptional opportunities for practical experience and internships. 
• Additionally, graduates find careers in banking, investment firms, consulting, and corporate finance. 
• Master in Finance programs are known for their mixture of theoretical knowledge and practical orientation, hence making graduates highly sought after by employers.

Also Read: Free Universities In Germany For International Students

Most Popular Master in Finance in Germany

Here are the most popular Master in Finance courses in Germany: 

1. Master’s in Finance
2. Master’s in Mathematical Finance
3. Master in Finance and Information Management 
4. Master in Financial and Insurance Mathematics
5. Master’s program in Business Administration with a specialization in Finance
6. Master of Arts in Finance- Financial Technology Management
7. Master of Arts in Finance- Risk Management & Regulation
8. Master of Science in Finance, Accounting, and Taxation
9. Master of Science in International Economics and Public Policy
10. Master of Science in Quantitative Accounting and Finance
11. Master of Science in Quantitative Decision Making in Economics and Management
12. Master of Science in Quantitative Finance
13. Master of Science in Financial Services Management

Also Read: PhD in Germany: Types, Eligibility, And Admission Process

Top Colleges for Masters in Finance in Germany

These are the top colleges for a Masters in Finance in Germany, along with their ranking and an approximate fee: 

Institute	QS World University Ranking 2025	Finance Courses Offered	Estimated Fees
Technical University of Munich	28	Master in Finance and Information Management	EURO 4,000 to EURO 6,000 per semester
Ludwig Maximilian University	59	Master in Financial and Insurance Mathematics	Approx. EURO 1,500 per semester
Freie University of Berlin	97	Master of Science in Finance, Accounting, and Taxation	Approx. EURO 300 per semester
University of Cologne	285	Master’s program in Business Administration with a specialization in Finance	EURO 304.15 per semester
Goethe University Frankfurt	309	Master of Arts in Finance- Financial Technology Management	EURO 22,500
		Master of Arts in Finance- Risk Management & Regulation	EURO 22,500
University of Mannheim	487	Master’s in Finance	EURO 1,500 per semester
Johannes Gutenberg University	=501	M.Sc. International Economics and Public Policy	EURO357.46 per semester
		M.Sc. Quantitative Decision Making in Economics and Management	M.Sc. Quantitative Decision-Making in Economics and Management
University in Kiel	611-620	Master of Science in Quantitative Finance	EURO 267 per semester
		Master’s in Mathematical Finance	EURO267 per semester
Philips University, Marburg	801-850	Master of Science in Quantitative Accounting and Finance	EURO300 to EURO350 per semester
University of Kaiserslautern	1201-1400	Master of Science in Financial Services Management	EURO123 per semester

Syllabus for a Masters in Finance in Germany

This is the brief syllabus for a Master of Science in Finance, Accounting, and Taxation at the Freie University of Berlin: 

Semester 1 (Fall) 

• Economic Simulation Game
• Empirical Research Methods
• General Business Studies / Economics
• Law 

Semester 2 (Spring) 

• Utility Theory and the Capital Market
• Advanced Financial Accounting
• IFRS based Managerial Accounting
• Tax Effects and Tax Planning

Semester 3 (Fall) 

• Valuation of Firms 
• International Tax Planning
• Auditing
• Selected Questions on Financing
• Selected Questions on Taxation 
• Selected Questions on Financial Accounting and Auditing
• Audit Practice
• Accounting for Financial Instruments
• Tax Planning of Corporate Succession 

Also Read: Masters Courses in Germany: Programs, Colleges, Fees

Admission Procedure to Apply for a Masters in Finance in Germany

The admission procedure for a Master in Finance course in Germany depends on the university and specific course of study. Nonetheless, some aspects are mandatory such as academic transcripts, a work experience portfolio, letters of recommendation as well as proficiency in the English language through recognised tests such as TOEFL, IELTS, etc.

Eligibility

Master’s in Finance Courses include practical experiences and theoretical aspects. However, you will need to fulfil this eligibility: 

• An undergraduate degree in Finance.
• A Portfolio will all your work experiences and Projects. 
• Entrance Examinations or Aptitude Tests like GMAT, GRE, ACT, and SAT according to the university. 
• English Language Proficiency Examinations like IELTS or TOEFL, Duolingo and PTE. 

Also Read: TOEFL vs IELTS vs PTE

Documents Required 

This is the list of documents that are required for the admission process to study abroad:

• Academic Transcripts and Certifications
• Portfolio
• Statement of Purpose(SOP)/Essay
• Letter/s of Recommendation(LOR)
• Application Form
• Visa
• Resume/CV
• Passport

Also Read: Life and Studying Tips That Every Student Must Know

Job Scope with Average Salaries

After you complete a Master in Finance Course. Here are some of the jobs along with their salaries that you may consider:

Finance Job	Average Salary per year (Glassdoor)
Finance Manager	EURO 78,000 – EURO 100,000
Investment Banker	EURO 65,000 – EURO 90,000
Financial Analyst	EURO 50,000 – EURO 70,000
Risk Manager	EURO 60,000 – EURO 85,000
Corporate Controller	EURO 70,000 – EURO 95,000

Chief Recruiters After Masters in Finance  

Here are some of the chief industry recruiters after your Master in Finance Course: 

• Investment Banks
• Asset Management Firms 
• Management Consulting Firms 
• Corporations 

FAQs

Lastly, I hope that you have found the necessary information that you have been looking for related to Master’s in Finance in Germany. If this blog is helpful and you want to begin your journey, you can contact us at Leverage Edu and our mentors would be happy to guide you through the study abroad process and also help you understand the field of your choosing.