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MScRestricted admission
Master
International Finance and Economics
Winter: Jun 15, 2026Summer: Jan 15, 2027
Language
English
EURTuition
Free (67 EUR/sem)
Intake
Winter and Summer
About International Finance and Economics
Course description will be available soon. Please contact the university for more details.
Fields of study
Economics(Business & Economics)
Finance & Banking(Business & Economics)
How to apply
Channeldirect
Modeunknown
APSRequired for Application
Admission eligibility
What you need to apply for International Finance and Economics at Technical University Nuremberg (TH Nuremberg)
English language
IELTS Overall
7/ 9.0
Public info
Reading
6
Writing
6
Listening
6
Speaking
6
Public info
View English requirements detailsHide details
Proficiency in English:
Each student has to submit (independent of the educational background) a sufficient test result obtained in one of the internationally accepted English language tests mentioned below.
Accepted certificates:
TOEFL (paper-based test): score 600
TOEFL (computer test): score 250
TOEFL (internet-based test): score 100
TOEIC (Our in-house TOEIC test takes place in February, June, September and December of each year): score 780
IELTS 7.0 (min. 6.0 in each test component)
Cambridge Certificate in Advanced English Cambridge CAE Grade C or min. Cambridge English Scale score 180 / CEFR Level C1 or Cambridge Certificate of Proficiency in English (CPE)
A GMAT test does not waive the requirement for an English certificate!
German language
German for application
A1
Public info
Maximum German grade(lower is better)
2.5
Public info
View German requirements detailsHide details
Proficiency in German:
Basic knowledge of German, equivalent to the level A1 of the Goethe-Institute (at least 120 hours of lessons attended).
Tests and documents
Statement of Purpose (SOP)
Required
Public info
Curriculum Vitae (CV)
Required
Public info
Letters of Recommendation
Required
Public info
View document requirements detailsHide details
Required
Curriculum vitae in English (tabular, please do not handwrite), including information on stays abroad, professional experience/internships in the field of finance/economics, scholarships, etc.
Two personal references (reference letters) providing information about your academic qualifications and personal abilities (e.g. job references, recommendation letters)
If your grades are between 2.1 and 2.5 in the German grading system you have to participate and pass the General Management Admission Test (min. GMAT score 600 / GMAT Focus Edition minimum score 565), equivalent GRE or our own Master Admission Test.
APS verification
APS certificate
Required for Application
Public info
Prerequisites
- Bachelor's degree completed:
A first Diploma/Bachelor degree from a full business or economics program (focus on Finance/ Economics) with an average of 2.0 or better (according to the German grading system; grades earned in countries other than Germany are converted into the German system by using the modified Bavarian formula).
If your grades are between 2.1 and 2.5 in the German grading system you have to participate and pass the General Management Admission Test (min. GMAT score 600 / GMAT Focus Edition minimum score 565), equivalent GRE or our own Master Admission Test.
You are only allowed to take our own Management Admission Test when you are residing inside of Germany. This test usually takes place 2 weeks after the application deadline. Information on the test can be obtained upon request and in the [FAQ](https://www.th-nuernberg.de/en/faculties/bw/study/interna...) section.
- Bachelor's degree not yet completed (min. 85% must be completed)
A first Diploma/Bachelor degree from a full business or economics program (focus on Finance/ Economics) with an average of 1.7 or better (according to the German grading system; grades earned in countries other than Germany are converted into the German system by using the modified Bavarian formula).
If your grades are between 1.8 and 2.5 in the German grading system you have to participate and pass the General Management Admission Test (min. GMAT score 600 / GMAT Focus Edition minimum score 565), equivalent GRE or our own Master Admission Test.
You are only allowed to take our own Management Admission Test when you are residing inside of Germany. This test usually takes place two weeks after the application deadline. Information on the test can be obtained upon request and are available in the [FAQ](https://www.th-nuernberg.de/en/faculties/bw/study/interna...) section.
An internship in finance/economics of at least 20 weeks or practical work experience in finance/economics of at least 6 months.
Accepted certificates:
- TOEFL (paper-based test): score 600
- TOEFL (computer test): score 250
- TOEFL (internet-based test): score 100
- IELTS 7.0 (min. 6.0 in each test component)
- Cambridge Certificate in Advanced English Cambridge CAE Grade C or min. Cambridge English Scale score 180 / CEFR Level C1 or Cambridge Certificate of Proficiency in English (CPE)
- A GMAT test does not waive the requirement for an English certificate!
- Proficiency in German:
Basic knowledge of German, equivalent to the level A1 of the Goethe-Institute (at least 120 hours of lessons attended)
Documents checklist
What to prepare for your application to International Finance and Economics
Programme-specific documents
Documents to upload in the application portal
Curriculum vitae in English (tabular form, please do not use handwriting); Please also include information on stays abroad, work experience/internships related to Finance/Economics, prizes/awards, scholarships.
Please note: We can only consider activities if you submit official proof (e.g. confirmation letters).
Bachelor's degree in business/economics (focus: finance/economics)
AND
Transcript of records showing:
the overall grade.
Grades earned in countries other than Germany are converted into the German system by using the modified Bavarian formula. In order to facilitate the conversion, please make sure to add the highest possible grade and the lowest passing grade.
the total amount of ECTS or years of study (at least 180 ECTS/3 years of study)
If certificate and transcript are not in German or English, you have to additionally upload a certified translation. If you have not graduated yet, you can upload your (preliminary) transcript of records and submit the certified copies (and translation) of your graduation documents later.
All applicants with a Chinese, Vietnamese or Indian university degree have to submit a Certificate of the Academic Evaluation Center (APS certificate) in addition to their university degrees and transcripts of records.
Confirmation for relevant internships, job experience
If required, GMAT/GRE
English certificate (see tab Admission Requirements for details)
For non-native speakers certification of their knowledge of German (successfully completed A1 level of the Goethe Institute; at least 120 hours of lessons attended)
In addition, you may upload:
Two personal references (reference letters) providing information about your academic qualifications and personal abilities (e.g. job references, recommendation letters)
Motivation letter
Copies (e.g. confirmation letters, if available) of professional or academic training/experience abroad
Documents which have to be sent additionally via post in case of an admission
In order to enrol, you have to submitted by post the following documents:
Signed request for enrolment (can be downloaded in application portal)
Bachelor's certificate (if already available):
original or officially certified copy*
Transcript of Records:
original or officially certified copy*
English certificate:
original or officially certified copy* (only if certificate cannot be verified online, e.g. IELTS certificates do not have to be sent via post)
German certificate (for non-native speakers):
original or officially certified copy*
GMAT/GRE certificate (if required):
original or officially certified copy* (only if certificate cannot be verified online)
All other documents have not to be sent via post additionally (upload is sufficient).
Standard documents (most universities also require)
- Completed online application form
- Bachelor's degree certificate (original + certified translation)
- Bachelor's degree transcript (original + certified translation)
- English language certificate (IELTS, TOEFL, or equivalent)
- German language certificate (if required by the programme)
- Statement of Purpose / Letter of Motivation
- Curriculum Vitae (CV)
- Letters of Recommendation (LOR)
- Passport copy
- APS certificate (required for India, China, Vietnam, Pakistan applicants)
This programme applies directly or 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.
Need help preparing your documents?
Our document preparation bundle covers SOP, CV, LOR, and translation coordination, reviewed by our team.
View document bundleHow to apply
Step-by-step guide to applying for International Finance and Economics at Technical University Nuremberg (TH Nuremberg)
Application procedure
Selection process
Documents that must also be sent by post in the event of admission
For enrollment, you must submit the following documents by post after your admission to the course:
Application for enrollment (signed, download in the application portal)
Bachelor's certificate (if already available): Original or officially certified copy
Overview of coursework and exams completed at a university (transcript of records)
English certificate: original or officially certified copy (only if the certificate cannot be verified online, e.g. IELTS certificates do not have to be sent by post as well)
German certificate (for non-native speakers): Original or officially certified copy
GMAT/GRE (if required): Original or officially certified copy (only if GMAT/GRE cannot be verified online)
Application quick facts
Apply via
direct
Mode
unknown
APS
Required for Application
Application fee
0 EUR
Estimated time
Varies by programme
Complexity
MediumAddress
-ib-master-ife[at]th-nuernberg.de
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Tuition
FREE
No tuition fees
Semester contribution
67 EUR
per semester
Application fee
0 EUR
one-time
Estimated year-1 total cost
12,038 – 12,038 EUR
Includes tuition, semester contribution, and estimated living costs. Range accounts for lifestyle differences.
This programme has restricted admission (NC). Admission is competitive and based on academic performance.
Plan your total budget for Germany
Use the MS in Germany cost calculator to estimate living expenses, insurance, and your full year-one spend.
Open cost calculatorAdmission outcomes
Community-reported data from MS in Germany students (2018-2025)
Acceptance rate
0%
0 accepted out of 2 total applications
Grade distributionGerman scale (1.0 = best, 4.0 = passing)
AdmittedRejected
1.02.03.04.0
Based on 2 applications from MS in Germany students 2018-2025.
Based on 2 applications from MS in Germany students 2018-2025.
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View university pageVerified by MS in Germany · last reviewed May 22, 2026