Financial Economics Numerus Clausus

Financial Economics Programs in Germany with Admission Restriction - Numerus Clausus/NC (2026/27)

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Financial Economics programs in Germany equip international students with a strong foundation in the interaction between finance and economics, exploring how markets, institutions, and policies shape the global financial system. These English-taught programs cover areas such as asset pricing, investment analysis, corporate finance, risk management, macroeconomics, and international finance, while emphasizing quantitative methods, economic modeling, and financial forecasting. Students benefit from Germany’s robust financial sector and academic tradition, gaining practical experience through case studies, internships, and collaborations with institutions like Deutsche Bank, Commerzbank, and Munich Re.

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Most Selective Financial Economics Programs

For degree courses with a numerus clausus, part of the study places are allocated according to the grade point average (GPA) of the previous degree. Selection is generally based on how many applicants apply for a place. The higher the grade, the more difficult it is to get onto the course. The German grading system ranges from 1.0 (very good) to 6.0 (unsatisfactory).
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Top 1 Most Selective Financial Economics Program (based on Numerus Clausus)

Winter Semester 2024/2025
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Financial Economics in Germany: All Admission-Restricted Programs

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Economics and Finanсе
Economics and Finanсе
Economics and Finanсе
Economics and Finanсе
Economics and Finanсе
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Economics and Transfοrmatiοn
Economics and Transfοrmatiοn
Economics and Transfοrmatiοn
Economics and Transfοrmatiοn
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Economics with Data Scienсе
Economics with Data Scienсе
Economics with Data Scienсе
Economics with Data Scienсе
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International Taxation and Public Finance / Internationale Besteuerung und Finanzwissеnsсhaft
International Taxation and Public Finance / Internationale Besteuerung und Finanzwissеnsсhaft
International Taxation and Public Finance / Internationale Besteuerung und Finanzwissеnsсhaft
International Taxation and Public Finance / Internationale Besteuerung und Finanzwissеnsсhaft
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Financial Economics NC: Glossary

Numerus Clausus (NC)
This Latin term means “limited number” and indicates that a program has restricted admission. In other words, not all applicants can be accepted, so selection is usually based on grades or other criteria when demand exceeds available spots.
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