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.