Master of Science (M.Sc.)
The Master in International Finance at the Berlin School of Economics and Law is designed for students from Germany and abroad who are interested in an international and interdisciplinary programme in finance. Applicants are expected to have a Bachelor or equivalent qualification and the requisite basic knowledge of finance.
The Master programme comprises advanced finance courses enabling students to expand and deepen their theoretical and practical skills in both traditional and innovative financial management methods. The programme focuses equally on the two areas of corporate and capital market finance. Graduates of the Master in International Finance will have acquired extensive expertise in finance and the skills to effectively take on demanding financial management tasks in a variety of sectors.
|Faculty||Faculty of Business and Economics|
|Degree||Master of Science (M.Sc.)|
|Start||Winter semester (1 October)|
|Duration||3 semesters (4 semesters for students required to complete a placement)|
|Accreditation||Foundation for International Business Administration Accreditation (FIBAA)|
The Berlin School of Economics and Law (BSEL) awards successful students of this programme the internationally recognised Master of Science (M.Sc.) degree. The International Finance programme is diversified and provides the skills to effectively take on a wide variety of challenging tasks in companies active in international markets and financial institutions. Furthermore the „Master of Science“ (M.Sc.) is recognised for qualifying graduates to apply for posts in the senior German civil service - in line with the joint guidelines agreed by the Standing Conference of the Interior Ministers of the Länder (Innenministerkonferenz) and the Standing Conference of the Ministers of Education and Cultural Affairs of the Länder in the Federal Republic of Germany (Kultusministerkonferenz).
The first and second semester move from foundation modules to specialist in-depth studies. The third semester is reserved for researching and preparing the thesis. If a student takes a placement, the programme extends from three to four semesters. Teaching is entirely in English, giving students an opportunity to sustainably improve their comprehension and speaking skills in an English context. This approach also reflects the standard requirements for applicants hoping to work in international companies.
Classes are conducted in a combined lecture/seminar format where students are expected to play an active part. Case studies are a major part of teaching since this allows the expertise acquired to be applied to real-life issues and problems in practice.
|Language of Instruction||English|
|Placement||All students that cannot show a placement of at least 6 months in advance, have to undertake a placement during the third semester.|
|International Cooperation||The Berlin School of Economics and Law (BSEL) has close contacts to|
Applicants must fulfil the following requirements:
- Bachelor's or equivalent degree in Business Studies
- Placement (at least 6 months), referring to financial topics; if not shown, a placement has to be done during the third semeste; the programme will then last four semesters
- At least 210 European credit points (ECTS) (applicants with 180 ECTS will be required to obtain the additional 30 ECTS by completing a placement in the third semester, the programme will then last four semesters)
- Excellent English skills proved by TOEFL – at least iBT 87, or IELTS – at least 6.0.
- Evidence of modules in the following subjects during the undergraduate degree: Basic Lectures in Finance and Investment Theory, Corporate Finance, Macroeconomics (or comparable courses)
- Letter of motivation in English
- Curriculum Vitae in English
- GMAT – voluntarily option – at least 600 pts.
If there are more applicants than places, the programme follows a NC (numerus clausus) procedure.
|Summer Semester||Winter Semester|
|Applicants with a degree from a German university||-||15.04.–15.06.|
|Applicants with a degree from a university abroad||-||15.04.–30.05.|
Fees and grants
|Matriculation fee||Approximately 270 € per semester (incl. local transport semester ticket)|
|Grants||Students may be able to apply for BAföG (German citizens) or DAAD (non-EU citizens) grant.|