Masters

Financial Economics (FINEC)

Otto von Guericke University Magdeburg

Magdeburg, Germany

Program Overview

At the heart of this programme are issues relating to the financial sector, capital market theory, operating principles, and regulations of the banking and financial markets as...

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EUR

Financials

Tuition FeesNone
Living Expenses11904 euros (living expense) plus semester contribution
Note: Most public universities in Germany are tuition-free. You only pay a semester contribution (~EUR 300) which usually includes a public transport ticket.
INFO

Intakes and Duration

Intake Season

Winter (October)

Duration

4 semesters

CO

Career Outcomes

You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.

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Salary Outlook

Typical range

€45,000 – €75,000 per year

Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.

LANG

Language & Exams

Teaching Language

English

Proof of English skills at a C1 level is required; these skills must be proved via a language proficiency test . A detailed, updated list of recognised test options and levels is available on the study programme's homepage: FINEC Application Requirements. German skills are not required for this study programme but are important for living and working in Germany. Applicants are highly recommended to study German, preferably min. A2 level before arriving in Germany. Language studies may be continued on campus. A small student fee will apply.

IELTS not requiredLanguage certification required
REQ

Requirements

Academic Admission

Applicants must provide a Bachelor's degree, diploma, or another equivalent degree in a relevant subject from a university recognised in Germany with a GPA from 1.0 up to 2.9 according to the German grading system . A degree is considered relevant with a minimum amount of credits, and applicants should have strong knowledge from courses in economics, business administration, and quantitative methods – for example, econometrics, advanced mathematics, and statistics for economics. Additionally, applicants need to submit a letter of motivation stating skills, abilities, and interest in the study programme. Please note: Advanced knowledge in quantitative methods modules, including econometrics, statistics, etc. as well as proficient English skills at a minimum level of C1 and knowledge of academic writing are important preconditions for successful participation in this programme. Detailed information about admission requirements (i.e., relevant degrees, letter of motivation, and English skills) is available on the study programme's website: FINEC's Admission Requirements

APS Certificate

An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.

IELTS Score

Not specified

Application Deadline

Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.

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