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M.Sc. Mathematical Finance

Kiel University (CAU) Kiel

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  • No tuition
    Tuition
  • Winter intake
    Intake
  • English
    Language
  • 4 semesters
    Duration
  • 15 Jul
    Next deadline

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About the programme

Kiel University (CAU) is a prestigious institution located in the city of Kiel, Germany. The university offers a wide range of courses, including the highly regarded Mathematical Finance program. This course is designed to provide students with a strong foundation in both mathematics and finance, preparing them for careers in the financial industry. Students in the Mathematical Finance program have the opportunity to learn from experienced faculty members and gain practical experience through internships and research projects. Graduates of this program are well-equipped to pursue careers in areas such as investment banking, risk management, and financial analysis.

Fields of study

Mathematics(Mathematics & Statistics)
Finance & Banking(Business & Economics)

How to apply

ChannelVia uni-assist

uni-assist checks your papers first. Then the university decides on your application.

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Requirements

What you need to apply for Mathematical Finance at Kiel University (CAU)

English language

IELTS Overall
7/ 9.0
View English requirements details

Good reading skills (C1 in CEF) in English, evidenced by the school certificate (minimum of 4 years of English at least with grade „satisfactory“ (07)) or TOEFL-Test 550 (Paper-based Testing) or equivalent test result

German language

Maximum German grade(lower is better)
2.5

Academic requirements

Completed Bachelor's degree
no
Minimum ECTS credits
180

ECTS are study credits. One year of full-time study is about 60 ECTS.

0
View academic requirements details

http://www.math.uni-kiel.de/mathfinance (opens in a new tab)

1. Bachelor (180 ETCS credit points) in Mathematics with grade 3.0 or better (provided that contents, extent, scientific level comparable to BSc. in Mathematics from CAU) or

2. Bachelor (180 ETCS credit points) in another subject with grade 2.5 or better if at least 30 credit points in analysis, linear algebra, probability theory & statistics, again with grade 2.5 or better (If necessary, admission can be granted conditionally on taking additional bachelor courses in the first two semesters.)

APS verification

APS certificate
Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Prerequisites

Main requirements:

Bachelor (180 ETCS credit points) in Mathematics with grade 3.0 or better (provided that contents, extent, scientific level comparable to BSc. in Mathematics from CAU) or

Bachelor (180 ETCS credit points) in another subject with grade 2.5 or better if at least 30 credit points in analysis, linear algebra, probability theory & statistics, again with grade 2.5 or better (If necessary, admission can be granted conditionally on taking additional bachelor courses in the first two semesters.)

In any case, be aware that the mathematical level in the masters programme Mathematical Finance is very high. In particular, proficiency in measure-theoretic probability theory as e.g. in Chapters 1-21 in J. Jacod and P. Protter, Probability Essentials, Springer-Verlag, Berlin, is assumed when entering the programme.

For an alternative master programme with a stronger focus on economics rather than mathematics.

Good reading skills (C1 in CEF) in English, evidenced by the school certificate (minimum of 4 years of English at least with grade "satisfactory“ (07))

Bachelor's degree with English as language of instruction

Documents checklist

What to prepare for your application to Mathematical Finance

Programme-specific documents

1.Application form

2.Passport Certificates

3. Bachelor Degree Certificate/Provisional Degree Certificate

4.Bachelor Degree Transcripts

5. Bachelor Degree Grading System Certificate

6.Secondary School Certificates(10+12)

7.SOP

8. LOR's

9.CV

10. ECTS Form(if any)

This programme applies via uni-assist. Submit your documents through the correct channel before the deadline.

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Apostille and notarization

Requirements vary by nationality and issuing country. Many German universities require certified translations and, in some cases, document apostilles. Verify current requirements directly with the admissions office, or use our document services for guided preparation.

Need help preparing your documents?

Our document preparation bundle covers SOP, CV, LOR, and translation coordination, reviewed by our team.

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How to apply

Step-by-step guide to applying for Mathematical Finance at Kiel University (CAU)

Application procedure

For international students: application through uni-assist (Deadline: July 15). Please turn to the international center for assistance.

Selection process

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Application quick facts

Apply via

Via uni-assist

uni-assist checks your papers first. Then the university decides on your application.

Mode

online_plus_hardcopy

APS

Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Application fee

75 EUR

Address

Please send your application to this address*:

uni-assist e.V.

11507 Berlin

GERMANY

  • You can also use this address for courier services or to send registered mail. If your mail carrier does not accept the address, please send your mail to uni-assist e.V., Geneststrasse 5, 10829 Berlin. This will not increase the transit time.
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Costs

Tuition

FREE

No tuition fees

Semester contribution

277 EUR

per semester

Application fee

75 EUR

per application

Estimated year-1 total cost

12,458 EUR

Includes tuition, semester contribution, and estimated living costs.

This programme has restricted admission (NC). Admission is competitive and based on academic performance.

Additional fee information

There are no tuition fees. This also applies to international students studying at Kiel University.An enrolment fee ("Einschreibgebühr") of 55 EUR is charged for the first enrolment at Kiel University.

Plan your total budget for Germany

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Admission outcomes

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