Master in Finance

Welcome to the web pages of the Master in Finance! We offer a two-year program that blends finance and mathematics. It is quantitative yet practical.

Ulm is an excellent place for studying finance: In 2017 (its 50th anniversary) Ulm University was ranked 8 worldwide among universities founded less than 50 years ago, according to an analysis by Times Higher Education that is based on research and teaching excellence. In a broader perspective, Ulm University improved by another 6 ranks and is now ranked 149 worldwide among all universities regardless of their age, according to another analysis by Times Higher Education.

Start: winter semester
Duration: 4 semesters
Degree: Master of Science
Language of Instruction: English
Application: online application from January, 1 until April, 30

Learn more about the application process and the admission requirements.

Aims of the Program

The Master in Finance program provides a unique interdisciplinary education in mathematical finance to students from around the world. The program, which is taught in English, includes courses from mathematics, applied mathematics, finance and insurance.

Special attention will be given to foundations from various branches of applied mathematics (stochastics, statistics, applied and numerical analysis), which are necessary for modeling complex financial processes and products. With the help of such knowledge, students will be able to use advanced mathematical methods in order to solve practical problems. Example applications are portfolio optimization, the pricing and risk analysis of credit derivatives, asset-backed securities and insurance products, or bankruptcy prediction. Many of the offered courses focus on such applications. Students will also gain familiarity with the information system Bloomberg, which is available in the faculty’s trading room.

Learn more about the curriculum.

Professional Perspectives

Through the program, students will gain a sound understanding of cutting-edge techniques used by financial institutions, consultants, regulators and many other economic institutions. Topics of the program include valuation and hedging of derivatives, portfolio and risk management, regulatory aspects, and insurance. Graduates with a sound training in these areas are sought after on the job market.

Hear more from our students.

Latest news:
Graduation Ceremony

On Saturday, 11th May, Ulm University hosted the annual graduation ceremony for graduates from the fields of mathematics, economics and finance. On this occasion Sirui Zhou was honored with the prize for the best finance graduate, sponsored by Sparkasse Ulm, the leading regional bank in Ulm. This is what the award winner wrote to us about his studies in Ulm:

"Studying at Ulm University has always been one of the best experiences to me. In my view, this is a great place where excellent faculty and brilliant students meet. And I am very thankful that I have been able to build up my knowledge and skills in a practical way via the MSc Finance program. Moreover, it has also been a great pleasure for me to make so many good friends throughout my study here. I miss them so much and I hope one day we could reunite in all parts of the world!"

Read more news.

The picture shows Sirui Zhou, who received the Sparkassenpreis for the best Master in Finance graduate.