Otto von Guericke University (OVGU) Magdeburg logo

M.Sc. Financial Economics

Otto von Guericke University (OVGU) Magdeburg Magdeburg

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

Save this course to your plan

A free account keeps your courses, deadlines and documents in one place.
Create a free accountCall me back

About the programme

Otto von Guericke University (OVGU) Magdeburg is a renowned institution known for its excellent academic programs and research opportunities. The university offers a course in Financial Economics, which provides students with a comprehensive understanding of financial markets, investment strategies, and economic theories. The program is designed to equip students with the necessary skills and knowledge to analyze and manage financial risks, make informed investment decisions, and understand the global economic landscape. With a strong emphasis on practical application and real-world scenarios, the course at OVGU Magdeburg prepares students for successful careers in finance, banking, and economic research. The university's faculty members are experts in their field, providing students with valuable insights and mentorship throughout their academic journey.

Fields of study

Economics(Business & Economics)
Finance & Banking(Business & Economics)

How to apply

ChannelVia uni-assist

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

Modeonline_plus_hardcopy
APSRequired for Application

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

Will you get in? Check your eligibility.

Answer a few questions to see how you match this programme. Free, no email. Leave anything blank you are not sure about.

Convert your grade

Already have an account? Sign in for your saved fit-score.

Requirements

What you need to apply for Financial Economics at Otto von Guericke University (OVGU) Magdeburg

English language

IELTS Overall
7/ 9.0
View English requirements details

Proof of English skills with one of the following options:

1. 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 (grade transcript, diploma, certificate...)

2. TOEFL: iBT 108 points or

IELTS: score 7.0 or

OvGU code: TOEFL 0183; IELTS: 0627.

3.At least 30 ECTS gained from English taught modules in a

German study program

A list of relevant modules including credit points and teaching language,

with a confirmation from the university is a strict requirement.

4. GMAT min. score 550 in total or

GRE min. score 148 in quantitative + 143 in verbal.

5. UNIcert III “English” certificate or higher.

https://www.isp.ovgu.de/manec_media/FINECEnglishSkills.pdf (opens in a new tab)

German language

Maximum German grade(lower is better)
2.9

Academic requirements

Completed Bachelor's degree
Required
Minimum ECTS credits
140

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

0
View academic requirements details

Relevant bachelor's, diploma, or comparable degree with at least 140 ECTS (at the time of applying), and an average grade of 2.9 or better, determined from the examination results.

  • A study program is relevant if at least 60 ECTS (EU degrees) or 12 modules (non-EU) in economics, and at least 18 ECTS (EU degrees) or 4 modules (non-EU) in courses in the field of quantitative methods have been acquired.

The office is closed and e-mails will be answered not before August 21st 2020.

Detailed information about English study programs and arrival issues are published online: www.isp.ovgu.de

As per university mail detailed information as follows :-

Due to the highly analytical, theoretical aspects of all of our master's programs, we require previous academic education in economics, business, advanced mathematics, and statistics for economists and managers with proof of a specific number of credits during your undergraduate degree. Please be informed that skills in quantitative methods (stochastics, econometrics, operations research, etc.) is a strict pre-condition for a successful study program. Decision about recognition of quantitative modules will be made by the examination board and follow strict regulations. Pre-courses are not offered and all applications should be the knowledge in maths, statistics, finance, and management of our bachelor's. Repeating courses can not be offered.

An undergraduate degree is considered relevant with (can be subject of changes):

a minimum of 60 credits /ECTS or 12 modules in economics, business administration plus 18 credits/ ECTS or 4 courses in/with quantitative modules for economists. Please fill in the compulsory application document „Relevance of previous subject": http://www.isp.ovgu.de/manec_media/Master/IMME/IMME+FINEC... (opens in a new tab)

https://www.ovgu.de/unimagdeburg/en/Study/Study+Programme... (opens in a new tab)

ECTS form

https://www.isp.ovgu.de/manec_media/FINECRelevanceDocu.pdf (opens in a new tab)

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

Entry requirements1. Relevant bachelor's, diploma, or comparable degree with at least 140 ECTS (at the time of applying), and an average grade of 2.9 or better, determined from the examination results.

- A study program is relevant if at least 60 ECTS (EU degrees) or 12 modules (non-EU) in economics, and at least 15 ECTS (EU degrees) or 4 modules (non-EU) in courses in the field of quantitative methods have been acquired.

2. Proof of English language skills (opens in a new tab) on C1 level with one of the recognized options.

3. Proof of relevance with the faculty's verification form (opens in a new tab)

- Applicants who have obtained their bachelor's degree at the Faculty of Economics and Management of Otto-von-Guericke-University Magdeburg do not have to prove the relevance of a completed undergraduate degree, as this information is already known to the faculty.

4. Letter of motivation in English, containing no more than 450 words, which illustrates the professional and academic interest in the chosen master's program, presents the applicant's special skills and knowledge, and sets out personal expectations regarding the content, methods, and study processes of the chosen master's program.

Documents checklist

What to prepare for your application to Financial Economics

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.

Open application portal (opens in a new tab)

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.

View document bundle

How to apply

Step-by-step guide to applying for Financial Economics at Otto von Guericke University (OVGU) Magdeburg

Application procedure

Applicants with an international bachelors degree

über uni-assist

Selection process

6-8 weeks after the deadline

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.
Open application portal (opens in a new tab)

Not admitted to this programme?

Germany has thousands of programmes across hundreds of universities. Use the compare tool to find similar programmes and see which fits your profile better.

Compare programmesMore at this university

Costs

Tuition

FREE

No tuition fees

Semester contribution

N/A

per semester

Application fee

75 EUR

per application

Estimated year-1 total cost

11,904 EUR

Includes tuition, semester contribution, and estimated living costs.

Additional fee information

Free

Plan your total budget for Germany

Use the MS in Germany cost calculator to estimate living expenses, insurance, and your full year-one spend.

Open cost calculator

Admission outcomes

Community-reported data from MS in Germany students (2018-2025)

Acceptance rate

40%

2 accepted out of 5 total applications

Grade benchmarksGerman scale (1.0 = best, 4.0 = passing)

1.98

Avg. accepted grade

German scale

1.73

Best admitted grade

German scale

2.06

Avg. rejected grade

German scale

Based on 5 applications from MS in Germany students 2018-2025.

Similar programmes

Other Economics programmes ordered by QS ranking

See all similar programmes

Looking for more programmes at Otto von Guericke University (OVGU) Magdeburg?

View university page
Start application