Masters of Finance in Germany 2025: Public Universities, Fees, Requirements

Masters of Finance in Germany is a great choice for those who want to have a career in finance and accounting. Germany is among the most desired study abroad destinations for international students because of its low cost of education and high living standards. The duration of the total course for MIF in Germany is 2 years. Masters in Finance in Germany salary for freshers is around EUR 60,000,which equals Rs 50 lakhs annually.

This Story also Contains

1. Masters of Finance in Germany: Highlights
2. Top universities for Masters of Finance in Germany
3. Masters of Finance in Germany Requirements
4. Documents Required for Masters of Finance in Germany
5. Cost of Studying Masters of Finance in Germany
6. Masters of Finance in Germany for Free
7. Masters of Finance in Germany Scholarships
8. Career opportunities After Masters of Finance in Germany

Students who wish to pursue a career in Masters of Finance in Germany need to fulfill the course-specific requirements. Along with this, they need to have a strong application with a high GPA, extracurricular activities, and well-written Statement of purpose. Having an LOR and work experience would be beneficial to international students since the competition is very high in top German Universities.

Some of the top universities that offer a masters of finance in Germany include Technical University of Munich, Free University of Berlin, WHU (Otto Beisheim), Ulm University, and more. The fees for Masters of Finance in Germany range from EUR 24,000 - EUR 37,000 for the complete course.

To reduce the cost of educational expenses, students can seek various scholarships offered by universities and organisations, these include DAAD, Erasmus Scholarships, and other scholarships in Germany. To learn more about the Masters of Finance in Germany, students must read the complete article which includes top universities, educational costs, free universities, scholarships, and career opportunities.

Masters of Finance in Germany: Highlights

Top universities for Masters of Finance in Germany

Numerous universities in Germany offer master's programmes in English to international students. Some of the top universities ranked by QS 2025 Subject Rankings for finance are mentioned in the table below.

Best Universities for Masters in Finance in Germany for International Students

Masters of Finance in Germany Public Universities

Masters of Finance in Germany Requirements

Candidates planning to seek admission to the Masters of Finance in Germany are required to meet the following admission criteria and submit the below-mentioned documents:

• All Indian applicants must have a required bachelor’s degree (3-4 years) from an accredited and recognised university.

• Students must have a high GPA of 3.0 or more.

• Certain universities require GRE or GMAT scores for admission to masters of finance programmes.

• Students from non-English speaking countries or whose first language is not English are required to provide proof of English language proficiency by taking IELTS, TOEFL, or PTE.

• Some universities in Germany might require proficiency in the German language.

• Candidates must also meet other course-specific requirements set by their chosen university.

Documents Required for Masters of Finance in Germany

• Academic transcripts

• Application confirmation copy

• Standardised test scores (GRE or GMAT)

• English language proficiency (IELTS / PTE)

• Letters of recommendation

• Passport

• Statement of purpose

• CV or resume

• German student visa

• Proof of funds

Cost of Studying Masters of Finance in Germany

The cost of pursuing a Masters of Finance in Germany for Indian students varies depending on the university they choose. Public universities in Germany provide master's programmes at a low or no cost, with students just paying semester or enrollment fees. The average Masters of Finance fees in Germany are approximately EUR 10,000 - EUR 12,000 per year.

This cost includes international educational expenses in addition to living expenses in Germany. Although tuition is low in Germany, living expenditures are highly expensive. The cost of living in Germany is approximately 196.4% higher than in India, thus students must manage their finances accordingly.

Masters of Finance in Germany Fees

Masters of Finance in Germany for Free

Although there is no tuition fee for public universities in Germany, students are required to pay the semester fees, which might vary depending on the university chosen by them. Some of the universities that offer masters of finance in Germany for free or at low tuition cost are mentioned below:

• Free University of Berlin

• University of Kiel

• University of Bonn

• Johannes Gutenberg University

• Ulm University

Read More: Cost of MS in Germany

Masters of Finance in Germany Scholarships

The cost of tuition in Germany is low, however, apart from the cost of tuition, students have to cover living expenses, which include accommodation, food, study materials, and other expenditures. To minimise the financial burden, students can apply for financial aid offered by universities and organisations in Germany. A few popular master finance germany scholarships are as follows:

• The Deutschlandstipendium

• DAAD Scholarships

• TUM scholarships for international students

• Heinrich Boll Scholarships

• Erasmus Mundus Scholarship

Career opportunities After Masters of Finance in Germany

Students after completing a masters of finance in Germany can search for career opportunities in the fields of banking, finance, consulting, corporate, and international finance. The average master in finance salary in Germany is around EUR 40,000 - EUR 60,000 per year. There is a wide range of career prospects for MS finance graduates, and they are recruited by several reputable companies such as Deutsche Bank Group, Commerzbank, PwC, Allianz Worldwide, McKinsey & Company, and BMW Group. Popular career prospects after Masters of Finance in Germany are:

• Investment Banking

• Financial Analyst

• Accountant

• Financial adviser

• Actuary

• Finance Manager

• Consultant

• Corporate finance

• Insurance

• Risk management