Master in Finance (MiF)
- Start Dates
- Winter Semester: September
- Winter semester
- Mode of admission:
- local admission restriction
- directly at the University
- Study mode:
- On campus
- Registration Fee & Tuition Information:
- 90-ECTS track: 28,300€. 120-ECTS track: 34,800€. Early bird deadline: Apply by January 15th with full application documentation to receive a reduction of 10% on a semester fee. The application fee is waived for students who send their application by February 15th.
Five Reasons to choose this Master's Program
The application requirements for the study program in “Master in Finance (MiF)” are:
Previous bachelor’s degree (or equivalent) in:
- A business related field
- A STEM (Sciences, Technology, Engineering, Mathematics) subject
Min ECTS required:
- 180 ECTS
It is possible to apply with your current Transcript of Records from your Bachelor’s studies, should you not have received your Bachelor’s degree yet.
The university recommends practical experience of 12 weeks which has to be completed in the business sector.
The following certificates are recognised as proof of your language proficience.
Specification: Grade A
Specification: At least Grade C
Application & Admission
- → request information packages
- → see your personal application deadline & tuition fee
(starting in September)
Application Procedure & Selection
100 € (more info)
Prepare a one-page CV in English.
Copy of your passport or ID.
Copy of your secondary education diploma and grade transcript, and certified translations of both
(in case original documents are not in German or English).
Copy of your university diploma(s) and a detailed transcript of records including an overview of all courses taken during the Bachelor or equivalent undergraduate studies and during the exchange semester (please include the certified translations in case original documents are not in German or English).
If you have not finished your undergraduate studies yet, please provide a detailed transcript of records including an overview of all courses taken so far which shows grades achieved. Please also list the courses that you have to take in order to finish your undergraduate studies.
Applicants for the Master in Finance Program are required to prove excellent analytical and quantitative skills by May 31st. This can be demonstrated by a strong GMAT/GRE/TM-Base score. The Admissions Team may decide to waive the GMAT/GRE/TM-Base requirement upon review of your application. Candidates must first apply to the program, with all relevant supporting application documents, in order to be considered for a waiver.
- GMAT score of at least 600 (WHU Code: FBR-FH-93).
- GRE of at least 155 Verbal and 155 Quantitative.
- TM-BASE of at least 102 (must be completed in English. Please sign up for the test at the TM-BASE website).
Please note that the Admission Managers will prioritize complete applicants. Those who apply with all required documents, including GAMT/GRE/TM-BASE will be reviewed first. Applicants can apply for the program without the GMAT/GRE/TM-BASE; however, it is up to the Admission Managers to decide if they would like to proceed with the application without such scores. You would only receive a conditional study offer if you successfully complete the WHU Admissions Process without receiving a GMAT/GRE/TM-BASE. The offer would be unconditional upon submitting your required GMAT/GRE/TM-BASE official score.
You are welcome to submit an English language certificate by the 31st of May, 2023.
Please note that the Admission Managers will prioritize complete applicants. Those who apply with all required documents, including TOEFL/IELTS will be reviewed first. Applicants can apply for the program without the TOEFL/IELTS; however, it is up to the Admission Managers to decide if they would like to proceed with the application without such scores. You would only receive a conditional study offer if you successfully complete the WHU Admissions Process without receiving a TOEFL/IELTS. The offer would be unconditional upon submitting your required TOEFL/IELTS official score.
Proof of internships/work placements stating the duration, position title, and responsibilities (If you are planning to complete the required period of internship between your application submission and the official enrolment at WHU, please submit a copy of the internship contract.)
A non-refundable fee of € 100 is charged for processing each application received by WHU – Otto Beisheim School of Management.
To begin the application process, simply login to the application center. Once you are logged in, you will be presented with further information on filling out 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.
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