Applicants for this program must have completed a Bachelor’s degree (or an equivalent thereof) in mathematics or in another quantitative and mathematically-orientated discipline from a recognized university. Applicants with a degree in physics, engineering or computer science are usually eligible. A degree in economics can be sufficient provided that you have successfully taken a significant number of courses in mathematics and statistics. A degree in business, commerce or accounting is usually not sufficient for admission because typical programs in these fields do not contain the amount of training in mathematics and statistics that is required for the MSc Finance. Please note that mathematics courses outside university (e.g. secondary school) cannot be considered as a surrogate for missing qualifications at the Bachelor's level.
Note that courses in financial mathematics and mathematics, which are an integral part of the MSc Finance, are on the level of mathematics programs. Applicants should therefore have a genuine interest in mathematics.
If you are in doubt whether you meet the requirements, beginning from October 1st each year, you can send us an email with only your transcript of records for a preliminary check. Please try not to send attachments larger than 2 MB.
Furthermore, an above-average performance in the completed degree and good knowledge of the English language is required. For the latter, you can use a TOEFL (score of at least 88 for the internet-based test) or an IELTS (score of 6.5 or better). A test is not needed by applicants whose mother tongue is English or who have completed a Bachelor taught in English.
You do not need prior knowledge in finance. The compulsory courses of the first semester are structured such that they can serve as an introduction to finance. Successful applicants will display the willingness to work in a challenging, multi-cultural environment, a strong mathematical ability and good communication skills.
Applicants with German citizenship or German entrance degree
German citizenship and foreign applicants with a German entrance degree may apply by using this online application form.
All other applicants have to follow the procedure outlined above.