Master
in Finance (M.A.)
EARLY BIRD SPECIAL

Submit your full online application for Fall Intake 2025 by January 15, 2025 and recieve a EUR 1,000 discount on the first semester rate.

JETZT BEWERBEN!
First come, first served. 00d 00h 00m 00s

Master in Finance (M.A.)

By choosing our Master in Finance, you’ll be making a sound investment in a promising professional future. It will open up countless career opportunities for you in the financial sector and in management. You could move into corporate consultancy, corporate finance, private equity, investment banking or business development, following in the footsteps of MBS alumni who have established themselves at international companies such as BMW, Allianz, EY, Deloitte and Goldman Sachs.

YOUR MASTER’S IN FINANCE AT MBS

This challenging Master’s program brings together the core competencies required in the worlds of business and finance. You will acquire a wide range of skills related to strategy and management along with others focused on the field of finance. You will gain sound, specialist knowledge of corporate valuation, corporate finance and international finance whilst also developing the key skills required to undertake crucial management duties. After completing the Master in Finance, you will be an expert in areas such as financial management, annual accounts analysis, mergers and acquisitions, risk management and capital markets.

Our teaching approach places a strong emphasis on practice-oriented education. During your studies, you will benefit from the wealth of experience shared by our MBS teaching staff, all of whom also remain active in the business world. Thanks to their first-hand business insights, their industry expertise and their overview of current research, they will help you to develop the skills you will need to solve complex business problems and make sound decisions in your career.

The integrated semester abroad, which you will spend at one of over 60 partner universities around the world, will allow you to further solidify your financial expertise and prepare yourself for specialist and management roles in international business. And, if you feel you would benefit from further experience abroad, you can choose to complete a second semester abroad – and secure two specialist Master’s degrees in two years, leaving nothing standing in the way of your career in the world of finance.

What you can expect in the Master in Finance

Business project: Together with your classmates, you will complete a finance-related project for a real company, putting the knowledge you acquire in your studies into practice.

International focus: Each semester, you will choose an international focus and research the various markets, methods and specific economic areas particular to a given region, along with the impact of the region’s development on the global economy.

Key Facts
Master in Finance

Program start date
September (new from 2024)
Teaching language
English
Duration: Single degree
18 months
Duration: Dual degree
24 months
Format
Full-time study
Scholarships and financing
Up to EUR 4,000 funding
Thesis language
German or English
Degree title
Master of Arts (M.A.)

“The Master in Finance is the perfect combination of management and finance. Our program focuses on conveying in-depth, specialist knowledge and business practices. With its high practical relevance and international orientation, the Master in Finance is a high-quality postgraduate program.”

Prof. Dr. Stefan Baldi

CONCENTRATIONS ON THE MASTER’S PROGRAM

Corporate finance
Business valuation
International finance
Mergers and acquisitions
Annual account analysis
Risk management
Capital markets

Business Projects

In the business project, which spans two semesters, you will work with your classmates on a specific project on behalf of a company. These real-life cases are as varied as the companies that present them – from start-ups that need a strategy to enter a new target country to hidden champions from the region around Munich looking to create a brand awareness campaign. This project gives you the opportunity to apply and consolidate your newly acquired business knowledge in a small group of classmates. Each group is supervised and coached by an MBS professor throughout the project. It is not unusual for these business projects to result in firm job offers for groups of students, because the Munich region is one of the strongest economic regions anywhere in Germany – which is just one of the numerous benefits of studying business in Munich.

A selection of partner companies for business projects

WHAT OUR STUDENTS AND ALUMNI SAY ABOUT US

Johanna von Eben-Worlée
Johanna von Eben-Worlée

I was impressed by the intercultural experiences, practical relevance and the opportunity to network during my Master’s studies at MBS.

The program’s content and the people I met continue to support me to this day, both professionally and privately. Above all, the range of partner universities for semesters abroad and dual degrees is exceptional – for example, I was able to gain valuable, fascinating experiences in Shanghai at one of the best universities in China.

Bernhard Franz
Bernhard Franz

My Master’s in IB at MBS helped me to develop in many respects. I acquired both business expertise and practical knowledge.

MBS teaches students to adopt a purposeful approach in order to generate value for customers. It fundamentally changes my approach to business life and the direction of my professional career.

Kirti Mudgil
Kirti Mudgil

For me, MBS was like a home from home. Not only does it offer an open environment in which you can learn alongside people from different cultures, it also enables you to launch a promising business career.

From the orientation days through to my graduation and beyond, I was always able to rely on support from the professors and staff. The various events and careers programs were a highlight of my studies. I’m pleased and proud to be part of the MBS family.

Julia Lemberskiy
Julia Lemberskiy

The numerous practical projects, the renowned teaching staff, the knowledge I gained during my Master’s studies at MBS and my time at Stanford University helped me to advance my business career.

After graduating, I introduced and scaled new business segments around the world for Rocket Internet and Uber. I’m now the founder and managing director of a successful start-up, helping companies to scale their business processes and growth channels.

Ryan Stodden
Ryan Stodden

MBS offers an intercultural environment that is truly unique.

Not only do you encounter students and teaching staff from around the world, which allows you to build an international network, you also have the opportunity to collaborate on projects and find solutions together.

Anastacia Nosikova
Anastacia Nosikova

Many of the professors and teaching staff at MBS work at well-known companies or have a business of their own and a wealth of practical professional experience.

This naturally opens students up to numerous possibilities: on the one hand, the teaching staff share their knowledge, which allows you to gain a more accurate view of the theory; on the other hand, MBS has numerous corporate contacts that enable students to acquire insights into companies.

Ana Mestrovic
Ana Mestrovic

When it came to my Master’s studies, I was looking for a city that offered excellent job opportunities.

After some research, I came to the conclusion that Munich and MBS was the perfect choice. During my studies, I met a lot of people who became friends for life. I personally found my time at MBS was a wonderful experience.

Iuliia Tretiak
Iuliia Tretiak

I opted for MBS because it offers a wide range of courses and the opportunity to secure a dual degree.

I was able to further my education here, gain international experience and built a solid network for myself. What’s more, MBS is characterized by a very special community spirit.

STUDY CONTENT

Core modules

The core modules on the Master’s program convey general business knowledge. In specialist courses, such as International Management, Business Communication, Responsible Leadership and an international concentration of your choice, you will learn how economic correlations work in a globalized world. You will also learn how to consider and interpret social and cultural aspects when making entrepreneurial decisions. In this context, we encourage students to engage critically with different topic areas whilst also teaching practical methods and models.

The core models have an interdisciplinary structure, which will enable you to adopt a broad-minded approach to business. You will collaborate with students on other Master’s programs and exchange experiences in order to further your knowledge and skills. This will allow you to supplement your entrepreneurial toolkit with approaches and perspectives from students on different programs, such as Sports Business, International Marketing, and Innovation and Entrepreneurship.

Electives

Electives – courses you are free to choose between – are an opportunity to refine your profile and develop specific strengths. You can choose from an extensive pool of electives ranging from courses on financial topics like Capital Markets and Mergers and Acquisitions to courses in other fascinating topics areas, such as International Business Law, Communication Management and Success Factor Happiness – or, alternatively, you could work on a specific research project of your choice.

Semester 1

FINANCE MODULES
6ECTS

Corporate Financial Management and Reporting

Submodules

  • Corporate Finance and Governance
  • Financial Statement Analysis

------------------

Module: Corporate Finance and Governance

  • The finance function in a firm and the role of the finance manager
  • The Time Value of Money concept and financial decision making (NPV, IRR, Payback)
  • Corporate Structures and Strategies
  • Corporate Ownership and Governance (Stakeholder Theory, Agency Theory, Shareholder Value Theory)
  • Corporate Financing Decisions
  • Strategic Corporate Finance:  
    • Corporate Actions (dividend policy, stock splits, share buyback, and spin-offs)
    • Combinations (mergers and acquisitions), and
    • Restructuring (divestitures, spin-offs, or debt restructuring, LBOs, LBI, bankruptcy procedures)
  • Market Efficiency and rational investor behaviour (Efficient Market Hypothesis)
  • The Weighted Average Cost of Capital
  • Introduction to behavioural finance
  • Capital flows: raising capital, distributing returns, and collecting fees/carried interest
  • Economic Analysis and Setting Capital Market Expectations
  • Applications of Economic Factors in the Investment Process
  • Transactional Finance: Deal structuring, financing, and negotiation

------------------

Module: Financial Statement Analysis

  • Analysis of Financial Statements
  • Financial Reporting Quality
  • Ratio and Financial Analysis
  • Analysis of Off-Balance-Sheet Assets and Liabilities
  • Analysis of Stock Compensation and Other Employee Benefits
  • Analysis of Intercorporate Investments and Business Combinations
  • Analysis of Global Operations
  • Building a Company Financial Model

 

6ECTS

Valuation and Investment Strategies

Submodule:

  • Investment and Portfolio Analysis
  • Valuation

------------------

Submodul: Investment and Portfolio Analysis

  • The Investment Policy Statement
  • Modern Portfolio Theory and the Capital Asset Pricing Model
  • Modern Portfolio Management Concepts
  • Asset Allocation
  • Investment Vehicles (including ETFs and Mutual Funds) and Market Indexes
  • Market Efficiency, Active vs. Passive Investing
  • Fixed Income Securities
    • Types of Fixed Income Securities and Markets
    • Fundamental Fixed Income Management
    • The Yield Curve and Yield Spreads
    • Valuation of Individual Fixed Income Securities
  • Types of Alternative Investments (Real Estate, Real Assets (including Infrastructure, Timber and Farmland), Private Capital (including Private Equity, Private Credit and Venture Capital), Hedge Funds, Commodities
  • Portfolio Construction and Revision
  • Liability – Driven Investments (including Asset Liability Management and Goal-Based Investing)
  • Sector Rotation Strategy, economic and Business Cycle
  • Execution of Portfolio Decisions (including Trading and Market Microstructure)
  • Tax Impact of Investment Decisions
  • Performance Attribution and Appraisal

------------------

Submodul: Valuation

  • Analysing the Firm and Industry Organization
  • Types of Equity Securities and Markets
  • Fundamental Equity Analysis
  • Valuation of Individual Equity Securities (asset valuation, DCF, Earnings multiples
  • Equity Market Valuation (EPS, PE)
  • Valuing Bonds with Embedded Options
  • Valuing Structured Products
  • Types of Derivative Instruments and Markets
  • Valuation of Forwards and Futures Contracts
  • Valuation of Option Contracts
  • Valuation of Swap Contracts
3ECTS

Finance Project

  • Learn how to apply project management tools and methods on a real-life business problem.
  • Plan, organize, conduct and control a project for a business partner and gain insights into the company.
INTERNATIONAL BUSINESS MODULES
6ECTS

International Business and Management

Sub-Modules:

International Strategic Management

Organizational Behavior

Conscious Business

------------

  • Learn about the drivers of globalization, related strategic models, and how to apply them in business operations.
  • Study the relationships between individual, organization, and society and reasons for behaviors in organizations.
  • Develop an understanding for alternative business practices compared to traditional profit orientation as the core goal of a business based on the four tenets of Conscious Capitalism as well as best practices in the field of Conscious Business.
3ECTS

International Focus

Choose 1 out of 3

  • Business in Germany
  • Business in Latin America
  • Business in China

Gain insights into business practices and current business topics in the chosen region based on an understanding of the social background as well as the economic and political system in the respective region.

3ECTS

Languages (Optional)

Choose 1 out of 3:

  • Spanish
  • Chinese
  • German

Depending on the level, learn the appropriate grammar and vocabulary skills to advance to the next level of language proficiency.

EXECUTIVE SKILLS MODULES
6ECTS

Communication in International Business

Sub-Modules:

Business Communication

Business Ethics

Negotiation Skills

-------------

  • Identify and master the challenges of business communication particularly in an international and intercultural context.
  • Study and discuss topical and controversial business ethics issues as well as the philosophical origins of ethics.
  • Learn how to use effective communication skills as well as manage the human behavior dynamics in the negotiation process.
1ECTS

MBS Engagement

Feel a stronger sense of belonging to the MBS community by actively engaging in a variety of extracurricular offerings.

Semester 2

FINANCE MODULES
6ECTS

Global Finance and Risk Strategies

Submodules:

  • Int. Finance and Regulation/ Ethics
  • Risk Management and Derivatives

 

-------------------------

Int. Finance and Regulation/ Ethics

  • The International monetary systems and exchange rates
    • Monetary policy & Fiscal Policy
    • International Monetary Systems and exchange rates
  • International Trade and Capital Flows, Balance of Payments, International finance trade and instruments
  • Currency Exchange Rates, the Foreign Exchange Market and Exchange Rate Determination
  • Inflation and Deflation
  • Economic Growth and Development, and effects of Geopolitics on economies and investment markets

Regulation in International Finance & Ethics

  • International Financial Market Regulation (Basel III, ICMA)
  • Financial Market Regulation in the EU
  • Effects of Regulations
  • Professional Standards of Practice
  • Ethical Practices
  • Asset Manager Code of Professional Conduct

The Principles of Responsible Investments (PRI)

-------------------------

Risk Management & Derivatives

  • Types of Financial Risks (market, credit, operational, liquidity)
  • Risk Factors (including environmental and social)
  • Financial Risk Management Models (Value-at-Risk, Monte Carlo simulations)
  • Risk Management Approaches (internal and external including Environmental Risk)
  • Comprehensive Risk Analysis
    • Analysis of Interest Rate Risk
    • Analysis of (Equity) Price Risk
    • Analysis of Currency Risk (transaction, translation, and economic)
    • Analysis of Commodity Risk
    • Analysis of Credit Risk
    • Analysis of Country Risk
  • Types of Derivative Instruments and Markets
  • Hedging Techniques Derivatives Investment Strategies

Back-testing, Simulation, and Scenario Analysis

6ECTS

Innovative Finance: Sustainability and Technology

Submodules

  • Sustainable Finance & Impact Investing
  • Decentralized Finance and AI in Finance

-----------------

Sustainable Finance & Impact Investing

  • Sustainable Finance and ESG Criteria
  • Sustainable Development Goals (SDGs)/Transition Planning/CO2 Accounting
  • Environmental, Social, and Governance (ESG) Investing
  • ESG Ratings
  • ESG in the EU the EU taxonomy, the Corporate Sustainability Reporting Directive, the Sustainable Finance Disclosure Regulation (SFDR)
  • Green Financial Products (Green Bonds/Loans, ESG-linked Bonds/Loans)
  • Greenwashing
  • ESG considerations in Financial Statement Analysis
  • ESG considerations in:
    • Equity Investments
    • Fixed Income
    • Alternative Investments
  • Impact Investing and Social Finance
  • Impact Investing models (IRIS+)

-----------------

Decentralized Finance and AI in Finance

  • DeFi, Digital & Crypto currencies
  • Blockchain Technology in the Financial Industry
  • Tokenisation and securitisation
  • Fin. Apps and smart financial contracts
  • High Frequency Trading and Machine learning
    Artificial Intelligence/Machine Learning and Big Data Analysis and Applications in Finance and Investment
6ECTS

Electives

Choose 2 out 5:

  • Bank Management
  • Quantitative Business Methods for Finance
  • Private Equity and Venture Capital
  • Consolidated Financial Statements
  • Independent research project
3ECTS

Finance Project

  • Learn how to apply project management tools and methods on a real-life business problem.
  • Plan, organize, conduct and control a project for a business partner and gain insights into the company.
INTERNATIONAL BUSINESS MODULES
3ECTS

International Focus

Choose 1 out of 5:

  • Business in Europe
  • Business in Latin America
  • Business in China
  • Business in USA and Canada
  • Business in Emerging Economies (India, Africa)

Use case studies, business simulations, in-depth reports as well as expert knowledge to understand the complexities of the business environment in the chosen region from a cultural, economic, social, political, and legal perspective.

3ECTS

Languages (Optional)

Choose 1 out of 3:

  • Spanish
  • Chinese
  • German

Depending on the level, learn the appropriate grammar and vocabulary skills to advance to the next level of language proficiency.

EXECUTIVE SKILLS MODULES
5ECTS

Responsible Leadership in a Global Context

Sub-Modules:

Responsible Leadership

Business & Society

Master Thesis Preparation

------------

  • Learn how to lead and manage people in business in a responsible way, including how to motivate and support people depending on the given circumstances, personality, and culture.
  • Get familiar with the origin and development of different cultural core beliefs, value systems and how they define business practices from a top management perspective.
  • Learn how to collect, evaluate, assess and present the state of the art in the academic discipline regarding a specific research question.
1ECTS

MBS Engagement

Feel a stronger sense of belonging to the MBS community by actively engaging in a variety of extracurricular offerings.

Semester 3

15ECTS

Master Thesis

Last but not least: writing your Master Thesis

Selection (mind. 15 ECTS)
15ECTS

Semester Abroad

Students on the Master in Finance spend their third semester abroad at one of our numerous MBS partner universities. You will gain extensive international experience and develop your intercultural skills.

15ECTS

Internship

Have you already studied or worked in a non-German speaking country for at least one year at a time?
If so, you also have the option of completing a specialist internship in a company in Germany, Austria or German-speaking Switzerland. The duration of the internship is at least 15 weeks.

Note: This program is currently undergoing accreditation, so there may still be changes to the curriculum.

INTERNATIONALITY

Studying at Munich Business School is an international experience because we not only teach internationality, we practice it. That’s why a semester abroad is an integral part of our programs. MBS maintains partnerships with over 60 universities around the world and is continuously expanding its international network. Our cooperations range from conventional programs, such as ERASMUS+ and other exchange programs, to over 20 dual-degree agreements with cooperating universities in Europe, Asia, Australia and the USA.

MENTORING PROGRAM

You have the option of applying for our exclusive mentoring program. This connects you with a member of the MBS alumni community – someone with professional experience who will support and advise you when your studies get challenging, help you to achieve your career goals and enable you to make valuable contacts through access to their professional network.

You will receive more information about our mentoring program when you start your studies, with the opportunity to apply for one of the limited number of space by the end of September. The mentoring committee will make their decision in October, with the selected mentees meeting their mentors in November.

APPLICATION

You must meet certain academic, linguistic and, in some cases, professional requirements to be eligible for our Master’s in Finance. You can submit your application documents at any time. However, given the limited number of spaces on our programs, we recommend applying well before your preferred start date.

Admission Requirements

Academic Requirements

The main requirement for admission to the Master International Business study program is a successful Bachelor's degree (180 ECTS or more). Applicants with a degree in Business Studies/Management/Economics are entitled to apply for the program directly, applicants without a degree in economics can qualify for the program by completing the Pre Master Program. Upon request, we will gladly verify your documents in advance. Please contact your Program Advisor.

Language Requirements

English Proficiency

Applicants must proof their English language skills by passing one of the following language tests:

  • TOEFL iBT & Home Edition: min. 85 (min. of 22 in writing band, min. of 20 in all other bands; MBS TOEFL Institution Code: 5772)
  • IELTS & IELTS Online: min. level of 6.5– Academic Module
  • ELS English for Academic Purposes: Advanced Level 112
  • Duolingo English Test: Overall Score 115 or higher
  • Pearson PTE Academic: Overall Score 56 or higher
  • Cambridge: Min. 173 or Grade B or higher

Note: If the test is also used to apply for a visa, please check the requirements of the respective embassy in advance.

Test results can only be accepted if achieved within the last two years. If you are unable to obtain your test results before handing in your MBS application, please inform us about your planned test date.

The English proficiency test can be waived by the following candidates:

  • Applicants having completed their schooling in English (i.e., High School Diploma, IB)
  • Applicants having completed their first academic degree in English

APPLICATION DEADLINE

Application deadlines in detail

We accept applications all year round. However, we recommend that you apply as early as possible, as the number of places is limited.

Spring semester (Master International Business only)

  • Application guideline for Europeans (no visa): December 10
  • Application guideline for non-Europeans (visa required): October 31

Applicants from Vietnam, China and India should allow an extra month to apply for the relevant visas.

Winter semester

  • Application guideline for Europeans (no visa): July 15
  • Application guideline for non-Europeans (visa required): April 30

Applicants from Vietnam, China and India should allow an extra month to apply for the relevant visas.

APPLICATION PROCESS

Step 1: Putting together your application

You must submit the following mandatory documents for us to consider your written application:

  • Answers to motivational questions (choice of questions provided during the online application process)
  • CV/résumé
  • Current passport-style photo (in color, with a light background)
  • A copy of your school-leaving certificate(s)*
  • A copy of your undergraduate degree certificate (incl. transcripts)*
  • Evidence of adequate English language skills (TOEFL, IELTS or ELS)
  • References (if available)
  • Completed application form
  • If you are interested in scholarship programs: personal cover letter (1 page) 

*Please submit the relevant original document, or a certified copy, as soon as you are accepted onto the program. 

Online application:
Apply online for the Master’s program in International Business

Step 2: Admission to the program

Eligible applicants will be invited to a personal interview, either in person in Munich or online via Microsoft Teams (approx. 30–45 minutes). The interview may include examining a case study.

As soon as you are accepted onto the program, you will have the opportunity to get to know Munich Business School a little better – before you make the final decision about your studies. And, of course, our student advisors will be available to answer any questions you have.

Step 3: Study Contract

When we confirm your place, we will send you confirmation of your acceptance along with two copies of your study contact. To secure your place, please sign and return one copy of the contract to us within two weeks. You can keep the other copy for your files.

Additionally, in order to be formally accepted onto the program, you must pay a one-off matriculation fee of €690 (EU/EFTA) or €1,490 (non-EU) and make an advance payment of €1.990. This advance payment will be deducted from your first tuition fee payment.

Step 4: Student Visa

If you are a non-EU citizen, you must apply for a student visa in order to start your studies in Germany. You will require a letter of invitation from Munich Business School to secure your visa – which we will be happy to provide once we receive your signed student contract and a copy of your passport.

More about student Visa

Scholarships

Munich Business School offers attractive scholarship programs amount up to EUR 4,000 of the overall tuition fee. (Up to EUR 2,000 on the 1st and 2nd master's semester).

If you wish to apply for a scholarship, you should include an application when you submit your overall application. You can find further information on our scholarships and financing page.

Fees

The quality of teaching and the training of sought-after professionals and managers is the focus at Munich Business School. By studying at MBS, you are making an investment in your future. You can comfortably pay the tuition fees in three semesters or 18 monthly installments.

Depending on which partner university you would like to spend your semester abroad at or if you would like to do a dual degree, additional costs may apply.

In accordance with our university values, we are willing to offer first-class and motivated applicants a study place at Munich Business School - regardless of their economic background. There are many ways to finance your studies - scholarships, BAföG, education funds, etc. Get an overview of our scholarships as well as the 100% student funding with our partner Brain Capital and find the model that suits you best. You can find further information on our scholarships and financing page.

 

 

Fees on the Master’s program

Fee per month
EUR 1,430
Fees per semester
EUR 8,580
Total fees
EUR 25,740

Early Bird Special

Submit your complete online application and recieve a discount on the first semester rate.

Spring Intake - Deadline 15th October
EUR 1,000 Discount
Fall Intake - Deadline 15th February
EUR 1,000 Discount

Other Fees

Application Processing Fee
60 Euro
One-time Enrollment Fee (EU/EFTA)
690 Euro
One-time Enrollment Fee for international students
1,490 Euro

FAQS ABOUT THE FINANCE MASTER’S PROGRAM

Which country is the best place to study a Master’s in Finance?

Germany is an attractive destination for a Master’s in Finance – for several reasons:

  1. Excellent academic programs: Germany has a number of renowned universities and universities of applied sciences that offer outstanding finance programs. These programs are intentionally recognized and have a strong practical focus.
  2. Good career prospects: Germany has a strong economy and a solid banking system, which translates to excellent job prospects for graduates from our Master’s program in Finance. The German financial sector is well connected internationally, so there are also plenty of career opportunities abroad.
  3. High quality of life: German residents enjoy a high quality of life. Its cities are safe and clean, it has extensive public transport systems and there are a host of leisure opportunities.
  4. Internationality: Germany is a multicultural country with plenty of international students. This makes it easier to integrate into the country and its culture while also building an international network.

In summary, Germany offers an outstanding environment to study a Master’s in Finance, including brilliant academic programs, good career prospects, a high quality of life and internationality.

What are the potential benefits of a Master’s program in Finance?

A Master’s program in Finance offers a number of benefits and career opportunities. Here are a few of the most important:

  • Specialist knowledge: A Master’s program in Finance allows you to gain extensive expertise in the field of finance, which usually includes financial analysis, risk management, investment banking, company finance and other areas.
  • Career opportunities: A Master’s program in Finance opens up wide-ranging career opportunities for you. Would you like to start a career in investment banking, in financial analysis, in portfolio management or in corporate finance?
  • Higher salary: Graduates with a Master’s degree in Finance generally have higher earnings than graduates who only hold a Bachelor’s degree.
  • Network: A Master’s program offers you the chance to build a network of like-minded people – which can help you to sound career opportunities and make it easier to share information and expertise.
  • Deeper understanding: A Master’s in Finance presents an opportunity to gain a more in-depth understanding of financial topics and comprehend complex concepts more clearly.

Overall, a Master’s in Finance can help you to improve your career opportunities, increase your earnings, further your specialist understanding and build a valuable network.

What can you do with a Master’s in Finance?

Securing a Master’s degree in Finance opens up a number of wide-ranging career opportunities. For example, you could work in investment banking and help companies to secure capital and implement financial transactions. Alternatively, you could find a position in a company’s finance department, where you would analyze the company’s financial position to improve its financial performance. Another option would be to work in asset management as a portfolio manager, developing asset strategies for customers and taking care of their assets. You could also pursue a career in risk management or financial consultancy. So, as you can see, a Master’s in Finance will open the doors to opportunities in various sectors and different companies. Whichever path you choose, a passion for finance offers financial stability, career development and personal fulfillment.

Where can I do a Master’s in Finance?

Numerous universities and higher education institutions around the world offer Master’s programs in Finance. You can study domestically or internationally – or maybe even in your hometown. Some of the highest-ranking universities for a Master’s in Finance include London Business School, New York University, INSEAD Business School and Harvard Business School. However, you can also study as a specialist business school, such as the renowned Munich Business School. It is important that you research carefully when making your choice to ensure you find the program best suited to your career goals and personal interests. In addition to classroom-based programs, there are also online programs that allow you to study from anywhere around the world.

What does a finance degree program cover?

A Master’s program in Finance concentrates on advanced financial concepts, theories and techniques in order to give students a comprehensive understanding of the world of finance. In general, it covers the following topics:

  • Financial markets and instruments: Trading securities and other financial instruments; analyzing financial markets.
  • Corporate finance: Financing companies by issuing shares and bonds; evaluating companies and investment projects.
  • Financial management: Financial administration and risk management in companies and organizations.
  • Financial mathematics: Mathematical fundamentals of financial analysis and evaluation.
  • International finance: Global financial markets and financing for international companies and projects.
  • Asset management: Administration of asset portfolios and asset allocation.

A Master’s program in Finance can focus on both theoretical and practical aspects and often integrates an internship to provide professional experience. Career opportunities for graduates span the financial sector, from investment banking and asset management to corporate finance and risk management.

No precise data is available regarding how many companies have a Chief Digital Officer (CDO) because this varies depending on the sector, the company’s size and its geographical location. However, there is certainly a trend in which a growing number of companies are creating a CDO or similar position to drive their digital transformation. The role of CDO has become increasingly important for companies to remain competitive, especially in the retail industry, the financial services industry and the technology industry. According to a study published by the consultancy firm Gartner in 2020, almost all major companies worldwide are expected to appoint a CDO or create a similar digital management position by 2024.

How long does a degree in finance take?

The Master’s in International Business | Finance Track at Munich Business School lasts three semesters. If you opt for the dual degree option with the aim of earning two separate Master’s qualifications, the program lasts an extra semester.

How much does a financial manager earn?

A financial manager’s salary depends on a variety of factors, such as the country they are based in, the industry they work in, the size of their company, their experience level and their qualifications. Here is a selection of standard salary brackets in different countries:

  • In the USA, the average salary for a financial manager is $130,000 per year, with a starting salary of $70,000 and experienced managers able to command a salary in excess of $200,000.
  • In Germany, the average salary for a financial manager ranges from €50,000 to €120,000 per year, depending on their experience and the scope of their responsibilities.
  • In the UK, the average salary for a financial manager is between £50,000 and £100,000 per year, while more experienced managers with more responsibilities often earn more than £150,000 per year.

However, it is important to note that these figures are only guides and actual earnings depending on various factors. Salaries can also vary in different companies and industries.

STILL UNDECIDED? CHECK OUT OUR OTHER MASTER’S PROGRAMMES.

Innovation and Entrepreneurship
MASTER’S
Innovation and Entrepreneurship
International Marketing and Brand Management
MASTER’S
International Marketing and Brand Management
Sports Business and Communication
MASTER’S
Sports Business and Communication

Looking to find out more?

Studienberater MBS: Uttamdeep Kaur, B.A.
PAGE-TITLE: Master in Finance