///
MScRestricted admission
Master
Duration
3 semesters
Language
English
EURTuition
Under 1,500 EUR/sem
Intake
Winter
About Finance
WHU - Otto Beisheim School of Management is a prestigious business school located in Vallendar, Germany. The Master in Finance program at WHU is designed to provide students with a comprehensive understanding of financial markets, investment strategies, and financial management. The program offers a combination of theoretical knowledge and practical skills, preparing students for careers in finance, banking, and investment management. With a strong focus on international perspectives and real-world applications, the Master in Finance at WHU equips students with the tools and expertise needed to succeed in the dynamic field of finance. The program also offers opportunities for networking, internships, and study abroad experiences, enhancing the overall learning experience for students.
Fields of study
Finance & Banking(Business & Economics)
How to apply
Channeldirect
Modeonline
Admission eligibility
What you need to apply for Finance at WHU - Otto Beisheim School of Management
English language
IELTS Overall
7/ 9.0
Public info
View English requirements detailsHide details
TOEFL English language proficiency test with a score of at least 100 internet based (WHU Code: 0682),
OR IELTS of at least 7.0
OR Cambridge Certificate of Proficiency in English (CPE) of at least Grade C
OR Cambridge Certificate of Advance in English (CAE) of Grade A
English language proficiency test is not required if your first language is English or your Bachelor was completed entirely in English. In this case, proof from your university is required.
A TOEFL score of at least 105 internet based, or IELTS of 7.5 is recommended due to the requirements by some of our partner universities for the study abroad semester
Academic requirements
Minimum ECTS credits
180
Public info
View academic requirements detailsHide details
Required
Bachelor's degree from an accredited institution with at least 180 ECTS credits*
At least 14 weeks of relevant practical experience (20 weeks recommended)
Prerequisites
Academic background: Bachelor’s degree in business or economics
Applicants must hold a bachelor’s from an accredited institution with a minimum of 180 ECTS credits, either in a business-related field of study, or from STEM subjects with a strong quantitative background and practical experience in finance-related areas. If the degree was obtained outside Germany, the university must be listed as “H+” in the [Anabin](https://anabin.kmk.org/db/institutionen) database to confirm its equivalence to a German higher education institution.
Practical experience: Minimum 3 months, maximum 4 years
The program is designed for candidates with no more than four years of postgraduate work experience. Applicants must have at least 12 weeks (480 hours) of practical experience in a business-related role. This requirement can be fulfilled before the start of your studies at WHU. Please submit a certificate or official letter from your employer that includes your name, position title, start and end dates, a brief description of your responsibilities, as well as the company stamp and an official signature.
Quantitative & analytical proficiency: GMAT, GRE or GTEBS
We require one of the following test scores (online formats are accepted):
- GMAT: min. 555 (Code: FBR-FH-93)
- GRE: min. 158/158 - Verbal and Quantitative (Code: 7175)
- GTEBS (formerly TM-WISO): min. 102 (must be taken in English)
Helpful resources: [GMAT prep](https://www.mba.com/exams/gmat-exam/prep-for-the-exam), [GMAT quiz](https://www.mba.com/gmat-mini-quiz), [GRE prep](https://www.ets.org/gre/test-takers/general-test/prepare.html?WT.ac=grehome_greprepare_b_150213), [GRE quiz](https://www.ets.org/gre/gre-mini-quiz.html), [GTEBS info](https://itb-academic-tests.org/en/universities/gtebs/)
You can apply now without a test score and submit it later. If admitted, your offer will be conditional until the score is received.
English proficiency: IELTS or TOEFL
We require one of the following test scores (valid for two years; online formats are accepted):
- IELTS Academic: min. 7.0
- TOEFL iBT: min. 100 (Code: 0682)
This requirement is waived if your entire bachelor's degree or secondary education was taught in English (proof required). We do not accept alternative tests such as Duolingo English Test or TOEIC.
You can apply now without a test score and submit it later. If admitted, your offer will be conditional until the score is received.
International experience: Recommended
Candidates from Germany, Austria, and Switzerland applying for the 90-credit track are required to provide proof of international experience of approximately three months before the start of their studies at WHU. Accepted forms of experience include internships or exchange semester abroad, language courses, summer schools, or comparable international activities. For all other candidates, such experience is not mandatory but will enhance your application, as internationality is one of our core values.
Documents checklist
What to prepare for your application to Finance
Programme-specific documents
Your current CV in English (in one page) (LastName_CV)
Copy of your ID (front and back side) or passport (LastName_ID)
Copy of your secondary education diploma and transcript (LastName_School)
Copy of your university diploma(s) and a detailed transcript of records (LastName_University)
If you have not finished your undergraduate studies yet: please provide your most
recent transcript of records.
For Master in Management, Master in International Business, Master in Business Analytics
and Master in Finance:
Official GMAT/GRE/TM-BASE Score Report (WHU GMAT Code: FBR-FH-93)
For Master in Entrepreneurship:
Pitch Deck (LastName_PitchDeck)
Official TOEFL/IELTS/Cambridge Score Report (WHU TOEFL Code: 0682) (LastName_English)
This is not required if your first language is English, or your undergraduate studies were
completed entirely in English (please submit proof of this).
Proof of internships/work placements stating duration, position title, and responsibilities
If you are planning to complete the required period of internship between your
application submission and the enrollment at WHU, please submit a copy of the
internship contract.
Proof of international experience: Optional for the 120-credit track (LastName_International)
A non-refundable application fee of EUR 100
APS certificate
https://cdn.whu.edu/fileadmin/Programs/Master/pdf/WHU_MSc...
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 Finance at WHU - Otto Beisheim School of Management
Application procedure
If you have reviewed the Master Programs’ admission requirements, completed the application form, and have collected all the supporting documents, you may start your online application via our online application portal.
Create an application account
Upload all required documents
Pay application fees (see below)
Make sure to click 'Submit'
To begin the application process, you need to create an application account. Once you log in, you will be presented with further instructions on filling out the various fields. You do not have to complete the online application at once - at any time during the application process you may take a break, save the information you have entered, and come back to it later.
Application fee
We charge a non-refundable fee of €90 for processing applications. However, if you apply before the early bird deadline of January 31, 2019, this fee will be waived. We recommend wire transfer using the details below as the most efficient payment method:
WHU – Otto Beisheim School of Management
Bank name and address: Sparkasse Koblenz, Bahnhofstr. 11, 56068 Koblenz
Reason for payment: lastname_firstname Application MSc
IBAN: DE85 570 501 20 00000 94102
BIC (SWIFT): MALA DE 51 KOB
The fee must be paid when the online application is submitted or the application will not be processed. Please submit proof of payment together with your application. Participants of the Campus for Finance - WHU New Year's Conference and the Private Equity WHU Conference will receive an application fee waiver when applying for the Master in Finance Program at WHU.
Selection process
Once your application has been successfully uploaded to the application portal, our admissions team will start processing the documents.
If the application is complete, the admission team will get back to you with their decision within a week.
If some documents are missing, the admissions team will contact you directly to request more information.
Qualified applicants are invited to the WHU admission test, which is in English. Please note that you may not always be allocated your preferred date, therefore we advise you to apply at least three weeks before your preferred admission test date. We kindly advise you to try to attend the On-Campus Admission Days as this is also an opportunity for you to meet other applicants, staff, and faculty, and familiarize yourself with our campus.
The Off-Campus Admission Days are organized for international candidates, but have the same process as the On-Campus Admission Days, except that those take place on Skype/telephone.
Application quick facts
Apply via
direct
Mode
online
Application fee
100 EUR
Estimated time
Varies by programme
Complexity
Varies
Address
Heidrun Hoffmann, Burgplatz 2, 56179 Vallendar
Not admitted to this programme?
Germany has thousands of programmes across hundreds of universities. Use the compare tool to find similar programmes and see which fits your profile better.
Tuition
< 1,500 EUR
per semester
Semester contribution
0 EUR
per semester
Application fee
100 EUR
one-time
Estimated year-1 total cost
11,904 – 14,902 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
90-ECTS track: 33,000 €.
120-ECTS track: 40,600 €.
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.
Similar programmes
Other Finance & Banking programmes ordered by QS ranking
- M.Sc.
Accounting & Finance
University of TubingenTübingenTuition under 1,500 EUR per semesterBilingual (English and German)3 semestersWinter intakeApplications closed - M.Sc.
Accounting and Finance (M.Sc.)
Frankfurt University of Applied Sciences (UAS Frankfurt)Frankfurt am MainNo tuition feesBilingual (English and German)3 semestersWinter intake37 days left - MSc
Accounting, Auditing & Taxation
University of SiegenSiegenNo tuition feesBilingual (English and German)Winter and summer intake221 days left - M.A.
Accounting, Auditing and Taxation (M.A.)
No tuition feesTaught in German3 semestersWinter intake7 days left - MSc
Accounting, Finance & Sustainability
No tuition feesTaught in GermanWinter and summer intake37 days left - MSc
Accounting, Finance, Controlling (Master)
No tuition feesBilingual (English and German)Winter and summer intake114 days left
Looking for more programmes at WHU - Otto Beisheim School of Management?
View university pageData freshness unknown. Please verify details with the university directly.