Financial Economics (FINEC)
Otto von Guericke University Magdeburg
Program Overview
At the heart of this programme are issues relating to the financial sector, capital market theory, operating principles, and regulations of the banking and financial markets as well as empirical market research. This Master's programme is part of the International Study Programme (ISP Page Flow) and enables students to recognise and analyse economic problems on an academic and global level . Prospective students must consider that the FINEC study programme takes a strong theoretical and quantitative approach . Students will gain skills to conduct self-directed research relating to economics and finance. They will complete practical projects while applying specialised research methods, independently develop solutions for scientific questions, and learn about the ethical and moral foundations necessary for business management worldwide. The programme builds upon strong and advanced knowledge in economic theory, econometrics, and quantitative methods for finance. Students gain professional skills for challenging future careers in the private and public sectors of economies worldwide as well as for academic research endeavours (e.g. doctoral programmes). Learn more about our Master's study programme on the FINEC website. Module Descriptions
EURFinancials
Financials
INFOIntakes and Duration
Intakes and Duration
Intake Season
Winter (October)
Duration
4 semesters
COCareer Outcomes
Career Outcomes
You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.
EURSalary Outlook
Salary Outlook
Typical range
€45,000 – €75,000 per year
Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.
LANGLanguage & Exams
Language & Exams
Teaching Language
English
Proof of English skills at a C1 level is required; these skills must be proved via a language proficiency test . A detailed, updated list of recognised test options and levels is available on the study programme's homepage: FINEC Application Requirements. German skills are not required for this study programme but are important for living and working in Germany. Applicants are highly recommended to study German, preferably min. A2 level before arriving in Germany. Language studies may be continued on campus. A small student fee will apply.
REQRequirements
Requirements
Academic Admission
Applicants must provide a Bachelor's degree, diploma, or another equivalent degree in a relevant subject from a university recognised in Germany with a GPA from 1.0 up to 2.9 according to the German grading system . A degree is considered relevant with a minimum amount of credits, and applicants should have strong knowledge from courses in economics, business administration, and quantitative methods – for example, econometrics, advanced mathematics, and statistics for economics. Additionally, applicants need to submit a letter of motivation stating skills, abilities, and interest in the study programme. Please note: Advanced knowledge in quantitative methods modules, including econometrics, statistics, etc. as well as proficient English skills at a minimum level of C1 and knowledge of academic writing are important preconditions for successful participation in this programme. Detailed information about admission requirements (i.e., relevant degrees, letter of motivation, and English skills) is available on the study programme's website: FINEC's Admission Requirements
APS Certificate
An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.
IELTS Score
Not specified
Application Deadline
Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.
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