Otto von Guericke University Magdeburg

Financial Econοmiсs

M.Sc. (Master of Science)
M.Sc.
Degree
120
ECTS
English
English only
Language
Winter Semester: 15 Jul/15 Sep
Application Deadlines
4 semesters
(Starting: Winter Semester)
Duration
Free
Tuition Fees (per semester)
Starting
Winter Semester
Mode of Admission:
no admission restriction 
Study Mode:
On campus

How do you want to continue?

Go to course website

Requirements


Qualification Requirements


Previous Degree

Bachelor's degree (or equivalent) in a relevant subject course.

Strong knowledge in mathematics, statistics, and economics (macro and micro on an at least intermediate level) is a strict requirement.

A course is relevant if at least 18 credit points (CP) according to the European Credit Transfer System (ECTS) have been acquired in courses in the field of quantitative methods and 60 CP according to ECTS in business courses. If the ECTS does not apply to the applicant's bachelor's degree, a course is considered relevant if:

  1. At least 4 courses in the area of quantitative methods, and
  2. At least 12 courses in economics courses have been acquired.

If the applicant has not completed this degree by the time of application, proof of the relevant qualification can be replaced by a full grade certificate of all module examinations completed in the relevant course up to the time of application, whereby at least 140 credit points must be proven. Applicants without proof of their first professional qualification will be enrolled for a limited time, subject to a time limit. The "Organization of the application and admission procedure for master's programs" of the university applies in the currently valid versiοn.

GPA (German System) 2.90

Language Requirements


The following certificates are recognized as proof of your language proficiency.

languageEnglish
IELTS
min 7
TOEFL iBT
min 95
UNIcert
min III
GRE Subject Tests
min 148 in quantitative + 143 in verbal
Does the university recognize "other equivalent language certificates"? no

Additional information:
English language proficiency can also be proven by a written verification that a bachelor’s degree or university diploma has been gained from a relevant study program taught exclusively in English (an official confirmation statement from the university is a strict requirement), by at least 30 ECTS gained from English taught modules in a German study program, by an average grade of minimum 10 points (4 semesters + exam) in the subject “English” proved with the German school leaving certificate "Abitur”, or by a GMAT with a minimum score of 550 in total.

Application & Admission

Application Deadlines

The application deadline for the M.Sc. Financial Econοmiсs at Otto von Guericke University Magdeburg depends on the country where you obtained your previous degree. For applicants with a degree from non-EU countries, the application deadline is 15 July for the winter semester. Applications are made: Uni-assist.
German Students
Other EU Students
Non-EU Students
Non-EU Students
M.Sc. Financial Econοmiсs
Otto von Guericke University Magdeburg
Non-EU Students
Intake Winter Semester
Application deadline
15 Julyin > 8 months
Application modeUni-assist
Application fee uni-assist Fees: €75 for the first application, €30 for each additional application (in the given semester).
Intake
Winter Semester
Application deadline
15 Julyin > 8 months
Application mode
Uni-assist
Application fee
uni-assist Fees: €75 for the first application, €30 for each additional application (in the given semester).

German Students

M.Sc. Financial Econοmiсs
Otto von Guericke University Magdeburg
German Students
Intake Winter Semester
Application deadline
15 Septemberin > 10 months
Application modeDirectly at university
Intake
Winter Semester
Application deadline
15 Septemberin > 10 months
Application mode
Directly at university

Other EU Students

M.Sc. Financial Econοmiсs
Otto von Guericke University Magdeburg
Other EU Students
Intake Winter Semester
Application deadline
15 Julyin > 8 months
Application modeUni-assist
Application fee uni-assist Fees: €75 for the first application, €30 for each additional application (in the given semester).
Intake
Winter Semester
Application deadline
15 Julyin > 8 months
Application mode
Uni-assist
Application fee
uni-assist Fees: €75 for the first application, €30 for each additional application (in the given semester).

Application Procedure & Selection


Mode of Admission:
no admission restriction 

Application Documents


  1. Proof of a relevant academic degree (bachelor's, diploma, etc.) with a GPA starting from 1.0 up to 2.9 (German grading scale applies).
    Only legally certified copies of documents are accepted. Also, send a translation in German or English and attach the documents with the original language + APS certificates from applicants: China, Vietnam, etc.
  2. English test (see language requirements).
  3. Letter of motivation with a maximum of 450 words.
  4. Form "Relevance" of previous degree educatiοn.

Location


1
Otto von Guericke University Magdeburg

Further Information


For more information please check the

Course Website