FACT (Finance, Accounting, Controlling and Taxation)

  • Degree
    Master of Arts (M.A.)
  • Type of study
    Full-time study
  • Standard period of study
    3 semester without internship, 4 semester with internship
  • Commencement of studies
    Winter semester (1 Oct)
  • Credits (ECTS)
    90
  • Language of instruction
    German / English
  • Department / Central Institute
    Department of Business and Economics

Degree programme

This Master’s degree programme is designed for talented and ambitious holders of a Bachelor’s degree in Economics or Legal Studies who wish to qualify for a management function in the areas of Finance, Accounting, Controlling and Taxation. The consecutive degree programme combines the interrelated disciplines of Accounting, Controlling, Corporate Finance and Company Taxation and seeks to accommodate the specialist interests of its students.

Working with the knowledge and skills gained in the students’ first degree, this Master’s programme teaches complex Business Administration issues in an interactive form, whilst taking into account the practical and interdisciplinary aspects of the specified subject areas. The four core disciplines covered by the degree programme are augmented by instruction in Business Law and quantitative methods. The teaching of selected modules in English prepares students for working in an international environment

Professional field

Graduates of this programme are qualified to perform cross-sector specialist and management tasks in nationally and internationally-active companies. It also qualifies graduates for the higher levels of German public administration. Graduates of this degree programme often work in the Management Consulting, Tax Consulting and Auditing sectors; they also assume commercial management functions, work in a finance and accounting role or perform a public administrative function.

Degree structure

The degree programme consists of a foundation course taught in the first semester and a specialist stage in the second semester; the third semester is usually dedicated to the final examination in the form of a written Master’s thesis and an oral examination.
Students who have gained less than 210 ECTS in their first degree must acquire the missing credits by completing an internship. This extends the regular period of study from three to four semesters.

Teaching is provided through seminars and makes use of case studies to practice the application of theoretical knowledge in a practical setting.

First semester

  • Module 1: Tax aspects of company structuring (German)
  • Module 2: Performance Management and Control (English)
  • Module 3: Selected issues in accounting and balance sheet analysis (German9
  • Module 4: Decision Making in Finance and Investment (German or English)
  • Tutorial seminar I: Academic working practices (German)

Second semester

  • Module 1: Management game Financial Management (German or English)
  • Module 2: Elective from the Master’s pool Corporate Structure and Financing (selected legal issues) or another module from other Master’s degree programmes (German or English)
  • Module 3: Taxes in Corporate Finance Decisions (Englisch)
  • Module 4: Selected issues of tax statements (German or English)
  • Tutorial seminar II: Quantitative Methods (German or English)

Third semester

  • Research methodology seminar (German or English)
  • Master’s thesis (German or English)
  • Final oral examination (German or English)
  • University degree (min. 180 ECTS)
  • Successfully completed courses in Accounting, Controlling, Corporate Finance and Company Taxation (min. 15 ECTS)
  • German language skills: Level B2
  • English language skills on a high B2 level proved by a standardised test, e.g. TOEFL (iBT minimum score 87), IELTS (minimum score 6.0), TOEIC (minimun score 800), Cambridge First Certificate (CFE), UNIcert II

Applicants with a degree from a German university:
15.04.-15.06.
Please, apply through our platform (which for technical reasons is only available in German)


Applicants with a degree from an university abroad:
15.04.-30.05.
Students with a Non-German Bachelor degree apply at uni-assist e. V.

Programme accredited by the Akkreditierungsrat

Students who acquire less than 210 European Credit Transfer System [ECTS] points in their basic course of studies must obtain the missing credit points by way of an integrated period of practical training, for which 30 ECTS points are available, at the end of the theoretical phase and before completion of studies. Students who have obtained 210 ECTS points in their basic course of studies and have already concluded a period of practical training can undertake a (further) period of practical training on a voluntary basis. Students who obtain no ECTS points during their basic course of studies (mostly non-EU applicants) need not complete a period of practical training

All information on the offered modules and lectures can be found on the online campus management system Campus4u.

All regulations, forms and documents can be found in your faculty site.

Fees and grants

  • Tuition fees

    None

  • Semesterfee

    ca. € 300 per semester (incl. local transport semester ticket)

Information for prospective students

Student Counselling Service

Telephone consultation hours
Tue, Thu 14.00–15.00
 

Student advisory service

Department of Business and Economics
Dagmar Hofmann
Studienbüro 3

Academic Director

Prof. Dr. Wojciech Stiller
Professur für Unternehmensbesteuerung