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.
Concentrations: The concentrations on this program focus on financial topics such as corporate finance, international finance, business valuation, and mergers and acquisitions.
Semester abroad and dual degree: You will spend your third semester studying abroad at one of our many partner universities, familiarizing yourself with another international market from a finance perspective. In our optional dual degree format, you spend two semesters abroad with the aim of securing two specialist Master’s degrees in two years.
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
“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
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.
Program-specific modules
The program-specific modules on the Master’s in Finance represent the ideal preparation for a career in international business and the world of finance. To further strengthen the program’s practical relevance, the Master’s program also includes general courses on leadership and management as well as specific financial concentrations.
Business project
An integral part of the Master’s in Finance is the business project. You will work together with your classmates, on behalf of a real-life company, to tackle a specific practical issue. This allows you to apply your newly developed skills in practice and put them to the test. These projects are every bit as varied as the companies that set them.
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.
Submodules
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Module: Corporate Finance and Governance
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Module: Financial Statement Analysis
Submodule:
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Submodul: Investment and Portfolio Analysis
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Submodul: Valuation
Sub-Modules:
International Strategic Management
Organizational Behavior
Conscious Business
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Choose 1 out of 3
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.
Choose 1 out of 3:
Depending on the level, learn the appropriate grammar and vocabulary skills to advance to the next level of language proficiency.
Sub-Modules:
Business Communication
Business Ethics
Negotiation Skills
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Feel a stronger sense of belonging to the MBS community by actively engaging in a variety of extracurricular offerings.
Submodules:
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Int. Finance and Regulation/ Ethics
Regulation in International Finance & Ethics
The Principles of Responsible Investments (PRI)
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Risk Management & Derivatives
Back-testing, Simulation, and Scenario Analysis
Submodules
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Sustainable Finance & Impact Investing
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Decentralized Finance and AI in Finance
Choose 2 out 5:
Choose 1 out of 5:
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.
Choose 1 out of 3:
Depending on the level, learn the appropriate grammar and vocabulary skills to advance to the next level of language proficiency.
Sub-Modules:
Responsible Leadership
Business & Society
Master Thesis Preparation
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Feel a stronger sense of belonging to the MBS community by actively engaging in a variety of extracurricular offerings.
Last but not least: writing your Master Thesis
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.
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.
![[Translate to Englisch:] Mentoring Programm](/fileadmin/_processed_/b/9/csm_MBS_Mentoring_Programm_54813e9101.jpg "[Translate to Englisch:] Mentoring Programm")
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.
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.
English Proficiency
Applicants must proof their English language skills by passing one of the following language tests:
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:
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)
Applicants from Vietnam, China and India should allow an extra month to apply for the relevant visas.
Winter semester
Applicants from Vietnam, China and India should allow an extra month to apply for the relevant visas.
You must submit the following mandatory documents for us to consider your written application:
*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
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.
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.
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.
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.
Submit your complete online application and recieve a discount on the first semester rate.
Germany is an attractive destination for a Master’s in Finance – for several reasons:
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.
A Master’s program in Finance offers a number of benefits and career opportunities. Here are a few of the most important:
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.
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.
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.
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:
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.
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.
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:
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.
