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MScRestricted admission
Master
Duration
4 semesters
Language
English
EURTuition
Under 1,500 EUR/sem
Intake
Winter
About Master in Finance
Ulm University is a public research university located in the city of Ulm, Germany. The university offers a Master in Finance (MSc) program, which is designed to provide students with a deep understanding of financial markets, financial instruments, and financial management. The program covers topics such as corporate finance, investment analysis, and risk management, and it also includes practical training in financial modeling and analysis. Ulm University's Master in Finance program is highly regarded for its rigorous curriculum and strong emphasis on quantitative and analytical skills, making it an excellent choice for students seeking a career in finance. Graduates of the program have gone on to work in a variety of roles in the finance industry, including investment banking, asset management, and financial consulting.
Specialization
Specialisations Actuarial Science Financial Economics Financial Mathematics
Fields of study
Finance & Banking(Business & Economics)
How to apply
Channeluni_assist
Modeonline
Admission eligibility
What you need to apply for Master in Finance at Ulm University
English language
IELTS Overall
5.5/ 9.0
Public info
View English requirements detailsHide details
TOEFL (score of at least 88 for the internet-based test) or an IELTS (score of 5.5 or better). A test is not needed by applicants whose mother tongue is English or who have completed a Bachelor taught in English.
Prerequisites
1\. Applicants with a degree in physics, engineering or computer science are usually eligible. A degree in economics can be sufficient provided that you have successfully taken a significant number of courses in mathematics and statistics.
2\. A degree in business, commerce or accounting is usually not sufficient for admission because typical programs in these fields do not contain the amount of training in mathematics and statistics that is required for the MSc Finance.
3\. Please note that mathematics courses outside university (e.g. secondary school) cannot be considered as a surrogate for missing qualifications at the Bachelor's level.
4\. Furthermore, an above-average performance in the completed degree and good knowledge of the English language is required.
Documents checklist
What to prepare for your application to Master in Finance
Programme-specific documents
Bachelor's degree diploma (certificate) with final grade as well as overview of subjects and grades /transcript of records with credit points/Diploma Supplement (if available)
If you have not yet completed your higher education degree: overview of subjects and grades/transcript of records issued by the higher education institution with the total credit points earned up to the application deadline and an indication of the provisional average grade.
Proof of English language proficiency
Motivation letter in English - maximum two pages
Professional and academic curriculum vitae in tabular form, supported by certificates and other documents
In the case of a higher education degree from China, India or Vietnam: APS certificate or APS confirmation. If APS certificate from India is not yet available, please upload proof of application
In the case of a foreign higher education degree: grading scale of the degree programme with indication of the lowest passing grade and maximum grade for the degree, to be shown on the bachelor's degree diploma/bachelor's degree certificate or on an official document of the higher education institution.
If proof and documents to be submitted are not written in German or English, additionally an official translation into German or English is required
For applicants who do not come from an EU country or the European Economic Area and have a German higher education entrance qualification (“Abitur”): proof of higher education entrance qualification
Please note:
It is not necessary to certify the supporting documents
When submitting the application, all required supporting documents must be uploaded. Subsequent submission is not possible.
Application documents in paper form, as a fax or by e-mail will not be accepted.
A document issued in another name must be supplemented by documentary evidence of the change of name.
Further supporting documents may be required for your application.
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 Master in Finance at Ulm University
Application procedure
Applicants with a foreign education certificate (bachelor's or equivalent degree)
Step 1: Online application via uni-assist
Register for the uni-assist online portal, answer all the basic questions and questions for your course application.
Step 2: Upload documents
Please upload the required application documents at the uni-assist online portal. Give your documents an unambiguous name.
Step 3: Submit your application to uni-assist electronically
(Paper-based documents are not required for application)
Step 4: Pay the handling fees to uni-assist
All required application documents as well as the payment must be received by uni-assist before the application deadline.
Selection process
or the evaluation of entrance requirements the following is considered:
The overall grade of the bachelor's or equivalent degree or, if this has not yet been determined, the average grade of the examinations completed by the time of application;
The grade point average of individual grades is not less than three of the following subjects with a minimum study volume of 2 semesters (or 2 terms)
Pure mathematics
Probability theory/statistics
Applied mathematics (except achievements under 2.)
Financial Economics
Computer Science/programming skills
The evaluation can also take into account successful coursework completed in a master's programme.
Application quick facts
Apply via
uni_assist
Mode
online
Application fee
75 EUR
Estimated time
Varies by programme
Complexity
Varies
Address
Carsten Schäfer-Siebert, Helmholtzstraße 18, 89081 Ulm
Not admitted to this programme?
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Tuition
< 1,500 EUR
per semester
Semester contribution
1,500 EUR
per semester
Application fee
75 EUR
one-time
Estimated year-1 total cost
14,904 – 17,902 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.
Additional fee information
Students who are not nationals of the European Union or member states of the European Economic Area (Island, Liechtenstein, Norway) and who come from abroad to study in Ulm need to pay a tuition fee of 1500 Euro per semester, i.e. 3000 Euro per year
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 calculatorNo admission statistics available yet for this programme
Statistics will appear here as more applicants report their outcomes. Check back later for acceptance rates and grade benchmarks.
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