Study Public Finance in Germany (2026/27)

Public Finance in Germany

Public Finance analyses the economic role of the state: taxes, public spending, public debt and social security systems. Students learn tax theory and policy, fiscal federalism, public budgets and the evaluation of government programmes. Graduates work in ministries, tax authorities, international organisations, research institutes and tax consulting.

Application Deadlines

Numerus Clausus

NC-Free

Fees & Costs

German Students

Degree

Tuition Fee

Bachelor

0 - 7,050 euros (per semester)

Master

0 - 44,000 euros (per semester)

MBA

382 - 43,500 euros (per semester)

LL.M.

0 - 11,500 euros (per semester)

Disclaimer: You should use this text as a general guide, but it cannot serve as a guarantee. Keep in mind that there is no universal tuition fee that applies to all study programs and all student groups. Hence, we urge you to always individually double-check the specific fees of the specific study programs on their official websites.

Deadlines

Below are the most frequent application deadlines for Public Finance study programs in Germany.

Non-EU Students

Winter Semester

Summer Semester

	Admission-restricted courses	Admission-free courses
Master	15 June	15 July
Bachelor	15 July	31 May
MBA	No courses	31 May
LL.M.	01 July	15 July

Master

Admission-restricted courses

15 June

Admission-free courses

15 July

Bachelor

Admission-restricted courses

15 July

Admission-free courses

31 May

MBA

Admission-restricted courses

No courses

Admission-free courses

31 May

LL.M.

Admission-restricted courses

01 July

Admission-free courses

15 July

See all deadlines

Specific courses may have different application deadlines. Please always double-check the information individually.

Numerus Clausus (Admission Restriction)

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).

Which degree?

All

Master

Choose degree

Non-EU Students

Latest Data

Winter Semester 2025/2026

Summer Semester 2025

Winter Semester 2024/2025

Summer Semester 2024

Top 4 Most Selective Public Finance Study Programs (based on Numerus Clausus)

	Numerus Clausus From 1 to 6	AdH-Score
1 Johannes Gutenberg University Mainz Accounting and Finance Master of Science	2.6	no selection quota
2 TUM Technical University of Munich Mathematical Finance and Actuarial Science Master of Science	no selection quota	70
3 University of Bayreuth + 1 Finance and Information Management (FIM) Master of Science	no selection quota	62
4 Rhine-Waal University of Applied Sciences Economics and Finance Master of Science Advertising	no selection quota	1.6