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Best Finance Courses in Germany

Best Finance Courses in Germany
Amarnath pratapwarOct 12, 2022

There are currently 64 finance courses in Germany for international students.  These courses are English-taught and available at the undergraduate and graduate levels. The duration of undergraduate finance courses in Germany is three years. Master’s courses may range from 1 to 2 years. Usually, an undergraduate degree in finance is offered as a “Bachelor of Science” in Germany. Graduate level courses are available as a Master of Science or Master of Business Administration. 

Germany is often regarded as one of the best countries for financial education. It has the largest economy in Europe and is the fourth largest economy in the world by GDP. Moreover, the cost of education in Germany adds a competitive advantage. The average cost of undergraduate degrees in Finance in Germany is EUR 10,500-15,750. The annual tuition for master’s courses goes to about EUR 10,740-20,850 on average.

Keep reading this article to know some of the best options you have to study finance in Germany. We cover popular German universities and provide a detailed section on admission requirements and tuition fees.

Highlights of studying Finance in Germany

Degrees Offered BSc (bachelor’s); MSc, MBA (master’s)
Duration 3 years (for bachelor’s); 1-2 years (for master’s)
Language of Instruction English 
Basic Eligibility High school completion (for bachelor’s); Bachelor’s degree (for master’s)
English Language Proficiency Equivalent to IELTS 6.0-6.5
Average Annual Tuition Fees EUR 10,500-15,750 (for bachelor’s); 10,740-20,850 (for master’s)

Popular Finance courses in Germany for international students

This table features six bachelors courses and seven masters courses in finance at popular universities in Germany.

Program Name University  Study Level Duration
BSc Accounting and Finance Lancaster University Leipzig Bachelor’s 3 years
BSc Accounting & Finance Arden University Berlin Bachelor’s 3 years
BSc Accounting & Finance (With Foundation Year) Arden Berlin University Bachelor’s 4 years
BSc Business Finance EU Business School Bachelor’s 3 years
BSc Finance & Management Cologne Business School Bachelor’s 3 years
BSc Finance & Management ISM International School of Management Bachelor’s 3 years
Master in Finance EU Business School Master’s 1 year
MBA in Global Banking & Finance EU Business School Master’s 1 year
MBA in Finance and Accounting IU International University of Applied Sciences Master’s 1.5 years
MSc Finance ISM International School of Management Master’s 2 years
MSc Global Finance Cologne Business School Master’s 2 years
MSc Finance, Accounting, and Taxation  IU International University of Applied Sciences Master’s 2 years
MSc Corporate Financial Management GISMA Business School Master’s 1 year

Admission requirements for international students

Lancaster University Leipzig

BSc Accounting and Finance

  • Certificate of Secondary Education
  • Must have passed with a minimum of 70% from the best four subjects
  • English language proficiency level of IELTS 6.5 and above

Arden University Berlin

BSc Accounting & Finance

  • Completion of secondary school education
  • Must have obtained at least a Grade C in Mathematics
  • English proficiency equivalent to IELTS 6.0
  • Personal statement
  • Proof of work experience (if any)

BSc Accounting & Finance (With Foundation Year)

  • At least 3 GCSEs (including Mathematics) at Level 2 or equivalent qualification
  • Professional CV (if applicable)
  • Reference Letter
  • English proficiency equivalent to IELTS 5.5

EU Business School

Bachelor of Science Business Finance

  • High school diploma
  • Academic transcripts
  • Proof of English level of at least IELTS 6.0
  • Two letters of recommendation
  • Electronic passport photo
  • Valid passport or ID card
  • Bank certificate or letter certifying the applicant’s financial solvency

Master of Finance and MBA in Global Banking & Finance

  • Bachelor’s degree
  • Academic transcripts
  • Proof of English level of at least IELTS 6.0
  • CV
  • Two letters of recommendation
  • Electronic passport photo
  • Valid passport or ID card
  • Bank certificate or letter certifying the applicant’s financial solvency

ISM International School of Management

BSc Finance & Management

  • Admission test
  • Curriculum Vitae.
  • Copy of ID card.
  • Digital passport photo
  • Letter of Motivation.
  • School-leaving certificate
  • Language skills (min. level B2) of the respective language of instruction
  • Proof of work/internship (if available).
  • Proof of health insurance

MSc Finance

  • Admission Test. 
  • Curriculum Vitae
  • Bachelor’s degree
  • Academic Transcripts
  • Copy of ID card.
  • Digital passport photo
  • Letter of motivation.
  • Proof of English language knowledge (Students must prove their proficiency in the English language with an equivalent score of at least 6.0 in IELTS OR a degree in English Studies)
  • Proof of health insurance

Cologne Business School

BSc Finance & Management

  • Secondary school completion
  • CV 
  • Transcript of records
  • Letter of Motivation
  • Copy of passport
  • Proof of English proficiency equivalent to IELTS (at least band 6.5)
  • Selection Interview

MSc Global Finance

  • CV
  • Bachelor’s degree certificate
  • Academic Transcripts
  • Letter of Motivation
  • Copy of passport or residence permit
  • Proof of English proficiency equivalent to IELTS 6.5
  • Proof of studying abroad / work experience (optional)

IU International University of Applied Science

MSc Finance, Accounting, and Taxation

  • Bachelor’s degree from a recognized university
  • At least a Grade C (or equivalent) earned in the previous education
  • Bachelor’s degree must be in a field related to business or economics.
  • Proof of English language skills equivalent to IELTS 6.0 or above

MBA in Finance and Accounting

  • Bachelor’s degree from a recognized university
  • A minimum of Grade C or equivalent earned in previous education
  • At least one year of qualified work experience
  • English proficiency of IELTS 6.0 or above

GISMA Business School

MSc Corporate Financial Management

  • Bachelor’s degree
  • English proficiency: an English language level equivalent to IELTS 6.5 or above

The entry criteria for each German university vary. Applying to German universities may seem complicated. But Gyanberry can make the process easy for you. As an official partner for several German universities, Gyanberry can help you understand the German admission process. Moreover, you can book a consultation to receive updated information on the best German universities to study finance.

Tuition fees for Finance courses in Germany

Program Name University  Study Level Annual Tuition Fees in EUR Annual Tuition in USD*
BSc Accounting and Finance Lancaster University Leipzig Bachelor’s 15,750 15,750
BSc Accounting & Finance Arden University Berlin Bachelor’s 10,500 10,500
BSc Accounting & Finance (With Foundation Year) Arden Berlin University Bachelor’s 10,500 10,500
BSc Business Finance EU Business School Bachelor’s 13,500 13,500
BSc Finance & Management ISM International School of Management Bachelor’s 10,960 10,960
BSc Finance & Management Cologne Business School Bachelor’s 10,740 10,740
Master in Finance EU Business School Master’s 14,250 14,250
MBA in Global Banking & Finance EU Business School Master’s 20,850 20,850
MSc Finance ISM International School of Management Master’s 12,960 12,960
MSc Global Finance Cologne Business School Master’s 10,740 10,740
MSc Finance, Accounting, and Taxation  IU International University of Applied Sciences Master’s 1,800 1,800
MBA in Finance and Accounting IU International University of Applied Sciences Master’s 2,136 2,136
MSc Corporate Financial Management GISMA Business School Master’s 16,000 16,000

*Tuition fees in EUR are converted to USD at 1 EUR = 1 USD. Currency exchange rates are subject to frequent fluctuations.

In addition to tuition fees, international students should account for living costs. According to official estimates, an international student spends about EUR 867 per month on living costs. For one year, the living costs are approximately EUR 10,400. The cost of living may be more, depending on a student’s personal spending habits.

Career prospects of Finance graduates in Germany

Germany delivers high-quality education, despite the low cost. Degrees from Germany are recognized worldwide. Graduates of finance courses in Germany take up successful positions in the global finance sector. Some exciting job positions for finance graduates are

  • Accountant
  • Finance Analyst
  • Data Analyst 
  • Actuarial Analyst 
  • Financial Manager
  • Investment Banker
  • Broker
  • Tax Advisor
  • Forensics Accountant
  • Retail Banker
  • Economist

Graduates can apply for an 18-month post-study residence permit to work in Germany. Many universities assist students in increasing their employability. Career counseling services, workshops, and resume reviews are available at German universities.

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FAQ’s

The cost of finance courses in Germany ranges between EUR 10,700 and 20,850 for one year, depending on the university. This cost does not include living costs. Living costs for international students are approximately EUR 10,400 per year.

Applicants must have completed their high school. English-taught bachelor’s courses in Germany require students to prove their English proficiency. The level of English language proficiency must be equivalent to IELTS 6.0 or 6.5, depending on the university. Some additional documents may include a CV, motivation letter, passport copy, etc.

Popular German universities offering English-taught finance programs include EU Business School, Cologne Business School, IU International University of Applied Sciences, Arden University Berlin, Lancaster University Leipzig, ISM International School of Management, and GISMA Business School.

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