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Financial Mathematics (Finanzmathematik) at Kiel University (CAU) is a single-subject Master's of 4 semesters, or two years. Banks and other financial institutions rely more and more on complex mathematical models to manage financial products and assess serious risks, and financial mathematics provides the scientific basis for this. You work on a broad range of questions, from the basic structure of financial markets and the choice of a sound, consistent concept of risk to the valuation of specific financial products and the quantification of risk with numerical methods. The methodological focus is on stochastics, numerics, optimisation and analysis, taught at the Mathematical Seminar. Ideally you bring a Bachelor's in mathematics, but another quantitative degree such as physics or economics works if you have very solid maths foundations and can quickly fill gaps, for example in measure-theoretic probability.
Fields of study
What you need to apply for Financial Mathematics at Kiel University (CAU)
What to prepare for your application to Financial Mathematics
1.Application form
2.Passport Certificates
3. Bachelor Degree Certificate/Provisional Degree Certificate
4.Bachelor Degree Transcripts
5. Bachelor Degree Grading System Certificate
6.Secondary School Certificates(10+12)
7.SOP
8. LOR's
9.CV
10. ECTS Form(if any)
Step-by-step guide to applying for Financial Mathematics at Kiel University (CAU)
Apply via
Via uni-assist
Mode
online
Application fee
75 EUR
Tuition
FREE
No tuition fees
Semester contribution
324 EUR
per semester
Application fee
75 EUR
per application
Statistics will appear here as more applicants report their outcomes. Check back later for acceptance rates and grade benchmarks.
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How to apply
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For the 1st semester: Start in the winter and summer semester (winter semester recommended).
The prerequisite for admission to the Master's degree programme is a completed Bachelor's degree in the relevant field or an equivalent degree.
Good reading skills (C1 according to CEF) in English
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This programme applies via uni-assist. Submit your documents through the correct channel before the deadline.
Open application portalApostille and notarization
Requirements vary by nationality and issuing country. Many German universities require certified translations and, in some cases, document apostilles. Verify current requirements directly with the admissions office, or use our document services for guided preparation.
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View document bundleEstimated time
Varies by programme
Complexity
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Address
Central Student Advisory Service of Kiel
University Christian-Albrechts-Platz 5 (extension of the university high-rise)
24118 Kiel
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Estimated year-1 total cost
12,552 – 12,552 EUR
Includes tuition, semester contribution, and estimated living costs. Range accounts for lifestyle differences.
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