Master in International Finance and Economics (MSc)
- No tuitionTuition
- Winter and summerIntake
- EnglishLanguage
- 15 DecNext deadline
Applications close on 15 Dec.
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- 5,000+ students guided
- 4.9 on Google (opens Google reviews in a new tab)
About the programme
The Technical University of Nuremberg (TH Nuremberg) is a prestigious institution known for its innovative approach to education and research in Germany. Among its diverse range of programs, the Master in International Finance and Economics (MSc) stands out for its comprehensive curriculum designed to equip students with advanced skills in financial analysis, economic theory, and global market strategies. This program is particularly tailored for individuals aiming to pursue careers in international finance, economic policy analysis, or investment strategy. The coursework combines theoretical knowledge with practical applications, facilitated by the university's state-of-the-art facilities and experienced faculty. Graduates of this program are well-prepared to navigate the complexities of the global financial landscape, making them highly sought after by employers worldwide.
Fields of study
How to apply
APS checks your degree papers. You need it if your degree is from India, China or Vietnam.
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Answer a few questions to see how you match this programme. Free, no email. Leave anything blank you are not sure about.
Requirements
What you need to apply for Master in International Finance and Economics (MSc) at Technical University Nuremberg (TH Nuremberg)
English language
View English requirements detailsHide details
Proficiency in English:
Each student has to submit (independent of the educational background) a sufficient test result obtained in one of the internationally accepted English language tests mentioned below.
Accepted certificates:
TOEFL (paper-based test): score 600
TOEFL (computer test): score 250
TOEFL (internet-based test): score 100
TOEIC (Our in-house TOEIC test takes place in February, June, September and December of each year): score 780
IELTS 7.0 (min. 6.0 in each test component)
Cambridge Certificate in Advanced English Cambridge CAE Grade C or min. Cambridge English Scale score 180 / CEFR Level C1 or Cambridge Certificate of Proficiency in English (CPE)
A GMAT test does not waive the requirement for an English certificate!
German language
View German requirements detailsHide details
For non-native speakers certification of their knowledge of German (successfully completed A1 level of the Goethe Institute; at least 120 hours of lessons attended)
Academic requirements
ECTS are study credits. One year of full-time study is about 60 ECTS.
View academic requirements detailsHide details
Bachelor's degree not yet completed (min. 85% must be completed)
A first Diploma/Bachelor degree from a full business or economics program (focus on Finance/ Economics) with an average of 1.7 or better (according to the German grading system; grades earned in countries other than Germany are converted into the German system by using the modified Bavarian formula).
If your grades are between 1.8 and 2.5 in the German grading system you have to participate and pass the General Management Admission Test (min. GMAT score 600 / GMAT Focus Edition minimum score 565), equivalent GRE or our own Master Admission Test.
You are only allowed to take our own Management Admission Test when you are residing inside of Germany. This test usually takes place two weeks after the application deadline. Information on the test can be obtained upon request and are available in the FAQ section.
the total amount of ECTS or years of study (at least 180 ECTS/3 years of study)
An internship in finance/economics of at least 20 weeks or practical work experience in finance/economics of at least 6 months.
Tests and documents
View document requirements detailsHide details
yes
Copies (e.g. confirmation letters, if available) of professional or academic training/experience abroad
(tabular form, please do not use handwriting); Please also include information on stays abroad, work experience/internships related to Finance/Economics, prizes/awards, scholarships.
Please note: We can only consider activities if you submit official proof (e.g. confirmation letters).
Two personal references (reference letters) providing information about your academic qualifications and personal abilities (e.g. job references, recommendation letters)
If your grades are between 2.1 and 2.5 in the German grading system you have to participate and pass the General Management Admission Test (min. GMAT score 600 / GMAT Focus Edition minimum score 565), equivalent GRE or our own Master Admission Test.
You are only allowed to take our own Management Admission Test when you are residing inside of Germany. This test usually takes place 2 weeks after the application deadline. Information on the test can be obtained upon request and in the FAQ section.
APS verification
APS checks your degree papers. You need it if your degree is from India, China or Vietnam.
Prerequisites
In regard to their academic qualification for the program, students have to meet the following requirements:
- Bachelor's degree completed:
A first Diploma/Bachelor degree from a full business or economics program (focus on Finance/ Economics) with an average of 2.0 or better (according to the German grading system; grades earned in countries other than Germany are converted into the German system by using the modified Bavarian formula).
If your grades are between 2.1 and 2.5 in the German grading system you have to participate and pass the General Management Admission Test (min. GMAT score 600 / GMAT Focus Edition minimum score 565), equivalent GRE or our own Master Admission Test.
You are only allowed to take our own Management Admission Test when you are residing inside of Germany. This test usually takes place 2 weeks after the application deadline. Information on the test can be obtained upon request and in the FAQ (opens in a new tab) section.
- Bachelor's degree not yet completed (min. 85% must be completed)
A first Diploma/Bachelor degree from a full business or economics program (focus on Finance/ Economics) with an average of 1.7 or better (according to the German grading system; grades earned in countries other than Germany are converted into the German system by using the modified Bavarian formula).
If your grades are between 1.8 and 2.5 in the German grading system you have to participate and pass the General Management Admission Test (min. GMAT score 600 / GMAT Focus Edition minimum score 565), equivalent GRE or our own Master Admission Test.
You are only allowed to take our own Management Admission Test when you are residing inside of Germany. This test usually takes place two weeks after the application deadline. Information on the test can be obtained upon request and are available in the FAQ (opens in a new tab) section.
- Proficiency in English:
Each student has to submit (independent of the educational background) a sufficient test result obtained in one of the internationally accepted English language tests mentioned below.
Accepted certificates:
- TOEFL (paper-based test): score 600
- TOEFL (computer test): score 250
- TOEFL (internet-based test): score 100
- IELTS 7.0 (min. 6.0 in each test component)
- Cambridge Certificate in Advanced English Cambridge CAE Grade C or min. Cambridge English Scale score 180 / CEFR Level C1 or Cambridge Certificate of Proficiency in English (CPE)
- A GMAT test does not waive the requirement for an English certificate!
- Proficiency in German:
Basic knowledge of German, equivalent to the level A1 of the Goethe-Institute (at least 120 hours of lessons attended).
An internship in finance/economics of at least 20 weeks or practical work experience in finance/economics of at least 6 months.
Documents checklist
What to prepare for your application to Master in International Finance and Economics (MSc)
Programme-specific documents
Application Documents
Documents to upload in the application portal
Curriculum vitae in English (tabular form, please do not use handwriting); Please also include information on stays abroad, work experience/internships related to Finance/Economics, prizes/awards, scholarships.
Please note: We can only consider activities if you submit official proof (e.g. confirmation letters).
Bachelor's degree in business/economics (focus: finance/economics)
AND
Transcript of records showing:
the overall grade.
Grades earned in countries other than Germany are converted into the German system by using the modified Bavarian formula. In order to facilitate the conversion, please make sure to add the highest possible grade and the lowest passing grade.
the total amount of ECTS or years of study (at least 180 ECTS/3 years of study)
If certificate and transcript are not in German or English, you have to additionally upload a certified translation. If you have not graduated yet, you can upload your (preliminary) transcript of records and submit the certified copies (and translation) of your graduation documents later.
All applicants with a Chinese, Vietnamese or Indian university degree have to submit a Certificate of the Academic Evaluation Center (APS certificate) in addition to their university degrees and transcripts of records.
Confirmation for relevant internships, job experience
If required, GMAT/GRE
English certificate (see tab Admission Requirements for details)
For non-native speakers certification of their knowledge of German (successfully completed A1 level of the Goethe Institute; at least 120 hours of lessons attended)
In addition, you may upload:
Two personal references (reference letters) providing information about your academic qualifications and personal abilities (e.g. job references, recommendation letters)
Motivation letter
Copies (e.g. confirmation letters, if available) of professional or academic training/experience abroad
APS
Documents which have to be sent additionally via post in case of an admission
In order to enrol, you have to submitted by post the following documents:
Signed request for enrolment (can be downloaded in application portal)
Bachelor's certificate (if already available):
original or officially certified copy*
Transcript of Records:
original or officially certified copy*
English certificate:
original or officially certified copy* (only if certificate cannot be verified online, e.g. IELTS certificates do not have to be sent via post)
German certificate (for non-native speakers):
original or officially certified copy*
GMAT/GRE certificate (if required):
original or officially certified copy* (only if certificate cannot be verified online)
All other documents have not to be sent via post additionally (upload is sufficient).
- Certifications have to be done by a German authority, embassy or notary. Please also refer to our FAQs.
This programme applies directly to the university. 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 bundleHow to apply
Step-by-step guide to applying for Master in International Finance and Economics (MSc) at Technical University Nuremberg (TH Nuremberg)
Application procedure
Application Procedure link : https://www.th-nuernberg.de/fakultaeten/bw/studium/intern... (opens in a new tab)
Selection process
The admission committee consists of several professors. They consider all parts of your application, including your CV, motivation letter, letters of recommendation, Bachelor’s average grade and test scores. The final decision is made latest eight weeks after the application deadline.
Can I find out by telephone whether I have been accepted or denied admission to the program?
No! Please be patient. We will inform all students via email. Make sure to check your email account as well as the spam folders regularly during the admission process.
https://www.th-nuernberg.de/fakultaeten/bw/studium/intern... (opens in a new tab)
Application quick facts
Apply via
Direct to university
APS
Required for Application
APS checks your degree papers. You need it if your degree is from India, China or Vietnam.
Application fee
0 EUR
Complexity
MediumAddress
Elena Zapke, Bahnhofstraße 87, 90402 Nürnberg
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Costs
Tuition
FREE
No tuition fees
Semester contribution
N/A
per semester
Application fee
0 EUR
per application
Estimated year-1 total cost
11,904 EUR
Includes tuition, semester contribution, and estimated living costs.
This programme has restricted admission (NC). Admission is competitive and based on academic performance.
Plan your total budget for Germany
Use the MS in Germany cost calculator to estimate living expenses, insurance, and your full year-one spend.
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Statistics will appear here as more applicants report their outcomes. Check back later for acceptance rates and grade benchmarks.
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