Masters

Master of Science in Quantitative Finance

University of Kiel

Kiel, Germany

Program Overview

The MSc in Quantitative Finance enables you to deepen your understanding of financial markets. It provides a sound platform for a career in the finance sector. Courses cover...

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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); Summer (April)

Duration

4 semesters

CO

Career Outcomes

Management ConsultantBusiness AnalystOperations ManagerProject ManagerStrategy ConsultantOperations ManagerSupply Chain AnalystLogistics Manager

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

€60,000 – €100,000 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 language skills by C1/CEFR TOEFL (paper-based test): 550 points or an equivalent test e.g., IELTS 6.5 or TOEFL iBT 79 Bachelor's degree with English as the language of instruction

IELTS required (IELTS 6.5 overall)No extra certification required
REQ

Requirements

Academic Admission

Applicants are expected to hold a Bachelor's degree or a comparable university degree (minimum grade 2.5) with a regular duration of university education of three years or more, and with 180 ECTS credit points or more. In the 180 credit points , the following needs to be included: 35 credit points from courses on principles of economics (i.e. courses on microeconomic theory and courses on macroeconomic theory) with no overlapping in substance, and in courses on quantitative methods with no overlapping in substance of which: 20 credit points from courses on quantitative methods , i.e. courses on analysis, algebra, statistics and econometrics. The programme also welcomes applications from students in fields such as mathematics, physics or computer science who have a proven interest in financial topics. With regards to content and comparability an official module manual has to be submitted. In case of unavailability of an official manual, module descriptions approved by the offering institution of higher education are accepted. To avoid unnecessary paper piles, it is also allowed to provide a link to an official online handbook. The module manual needs to be provided either in German or English language. Admission requirements can be found here: https://www.wiso.uni-kiel.de/en/study/misc/info-inst-econ/application and here: https://www.wiso.uni-kiel.de/en/study/master/quantitative-finance We also provide an optional entry-level self test for your own assessment of knowledge that is required in our Master's programmes. Further information can be found here . Recommended Literature Please find a list of recommended literature here .

APS Certificate

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

IELTS Score

IELTS 6.5 overall

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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