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Restricted admission

M.Sc. Finance

WHU - Otto Beisheim School of Management Vallendar

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  • Up to 1,500 EUR/sem
    Tuition
  • Winter intake
    Intake
  • English
    Language
  • 3 semesters
    Duration
  • 30 Apr
    Next deadline

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About the programme

WHU - Otto Beisheim School of Management is a prestigious business school located in Vallendar, Germany. The Master in Finance program at WHU is designed to provide students with a comprehensive understanding of financial markets, investment strategies, and financial management. The program offers a combination of theoretical knowledge and practical skills, preparing students for careers in finance, banking, and investment management. With a strong focus on international perspectives and real-world applications, the Master in Finance at WHU equips students with the tools and expertise needed to succeed in the dynamic field of finance. The program also offers opportunities for networking, internships, and study abroad experiences, enhancing the overall learning experience for students.

Fields of study

Finance & Banking(Business & Economics)

How to apply

ChannelDirect to university
Modeonline
APSRequired for Enrollment

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

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Requirements

What you need to apply for Finance at WHU - Otto Beisheim School of Management

English language

IELTS Overall
7/ 9.0
View English requirements details

TOEFL English language proficiency test with a score of at least 100 internet based (WHU Code: 0682),

OR IELTS of at least 7.0

OR Cambridge Certificate of Proficiency in English (CPE) of at least Grade C

OR Cambridge Certificate of Advance in English (CAE) of Grade A

English language proficiency test is not required if your first language is English or your Bachelor was completed entirely in English. In this case, proof from your university is required.

A TOEFL score of at least 105 internet based, or IELTS of 7.5 is recommended due to the requirements by some of our partner universities for the study abroad semester

Academic requirements

Completed Bachelor's degree
Required
Minimum ECTS credits
180

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

View academic requirements details

Required

Bachelor's degree from an accredited institution with at least 180 ECTS credits*

At least 14 weeks of relevant practical experience (20 weeks recommended)

APS verification

APS certificate
Required for Enrollment

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

Prerequisites

Academic background: Bachelor’s degree in business or economics

Applicants must hold a bachelor’s from an accredited institution with a minimum of 180 ECTS credits, either in a business-related field of study, or from STEM subjects with a strong quantitative background and practical experience in finance-related areas. If the degree was obtained outside Germany, the university must be listed as “H+” in the Anabin (opens in a new tab) database to confirm its equivalence to a German higher education institution.

Practical experience: Minimum 3 months, maximum 4 years

The program is designed for candidates with no more than four years of postgraduate work experience. Applicants must have at least 12 weeks (480 hours) of practical experience in a business-related role. This requirement can be fulfilled before the start of your studies at WHU. Please submit a certificate or official letter from your employer that includes your name, position title, start and end dates, a brief description of your responsibilities, as well as the company stamp and an official signature.

Quantitative & analytical proficiency: GMAT, GRE or GTEBS

We require one of the following test scores (online formats are accepted):

  • GMAT: min. 555 (Code: FBR-FH-93)
  • GRE: min. 158/158 - Verbal and Quantitative (Code: 7175)
  • GTEBS (formerly TM-WISO): min. 102 (must be taken in English)

Helpful resources: GMAT prep (opens in a new tab), GMAT quiz (opens in a new tab), GRE prep (opens in a new tab), GRE quiz (opens in a new tab), GTEBS info (opens in a new tab)

You can apply now without a test score and submit it later. If admitted, your offer will be conditional until the score is received. 

English proficiency: IELTS or TOEFL

We require one of the following test scores (valid for two years; online formats are accepted):

  • IELTS Academic: min. 7.0
  • TOEFL iBT: min. 100 (Code: 0682)

This requirement is waived if your entire bachelor's degree or secondary education was taught in English (proof required). We do not accept alternative tests such as Duolingo English Test or TOEIC.

You can apply now without a test score and submit it later. If admitted, your offer will be conditional until the score is received.

International experience: Recommended

Candidates from Germany, Austria, and Switzerland applying for the 90-credit track are required to provide proof of international experience of approximately three months before the start of their studies at WHU. Accepted forms of experience include internships or exchange semester abroad, language courses, summer schools, or comparable international activities. For all other candidates, such experience is not mandatory but will enhance your application, as internationality is one of our core values.

Documents checklist

What to prepare for your application to Finance

Programme-specific documents

Your current CV in English (in one page) (LastName_CV)

Copy of your ID (front and back side) or passport (LastName_ID)

Copy of your secondary education diploma and transcript (LastName_School)

Copy of your university diploma(s) and a detailed transcript of records (LastName_University)

If you have not finished your undergraduate studies yet: please provide your most

recent transcript of records.

For Master in Management, Master in International Business, Master in Business Analytics

and Master in Finance:

Official GMAT/GRE/TM-BASE Score Report (WHU GMAT Code: FBR-FH-93)

For Master in Entrepreneurship:

Pitch Deck (LastName_PitchDeck)

Official TOEFL/IELTS/Cambridge Score Report (WHU TOEFL Code: 0682) (LastName_English)

This is not required if your first language is English, or your undergraduate studies were

completed entirely in English (please submit proof of this).

Proof of internships/work placements stating duration, position title, and responsibilities

If you are planning to complete the required period of internship between your

application submission and the enrollment at WHU, please submit a copy of the

internship contract.

Proof of international experience: Optional for the 120-credit track (LastName_International)

A non-refundable application fee of EUR 100

APS certificate

https://cdn.whu.edu/fileadmin/Programs/Master/pdf/WHU_MSc... (opens in a new tab)

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 bundle

How to apply

Step-by-step guide to applying for Finance at WHU - Otto Beisheim School of Management

Application procedure

If you have reviewed the Master Programs’ admission requirements, completed the application form, and have collected all the supporting documents, you may start your online application via our online application portal.

Create an application account

Upload all required documents

Pay application fees (see below)

Make sure to click 'Submit'

To begin the application process, you need to create an application account. Once you log in, you will be presented with further instructions on filling out the various fields. You do not have to complete the online application at once - at any time during the application process you may take a break, save the information you have entered, and come back to it later.

Application fee

We charge a non-refundable fee of €90 for processing applications. However, if you apply before the early bird deadline of January 31, 2019, this fee will be waived. We recommend wire transfer using the details below as the most efficient payment method:

WHU – Otto Beisheim School of Management

Bank name and address: Sparkasse Koblenz, Bahnhofstr. 11, 56068 Koblenz

Reason for payment: lastname_firstname Application MSc

IBAN: DE85 570 501 20 00000 94102

BIC (SWIFT): MALA DE 51 KOB

The fee must be paid when the online application is submitted or the application will not be processed. Please submit proof of payment together with your application. Participants of the Campus for Finance - WHU New Year's Conference and the Private Equity WHU Conference will receive an application fee waiver when applying for the Master in Finance Program at WHU.

Selection process

Once your application has been successfully uploaded to the application portal, our admissions team will start processing the documents.

If the application is complete, the admission team will get back to you with their decision within a week.

If some documents are missing, the admissions team will contact you directly to request more information.

Qualified applicants are invited to the WHU admission test, which is in English. Please note that you may not always be allocated your preferred date, therefore we advise you to apply at least three weeks before your preferred admission test date. We kindly advise you to try to attend the On-Campus Admission Days as this is also an opportunity for you to meet other applicants, staff, and faculty, and familiarize yourself with our campus.

The Off-Campus Admission Days are organized for international candidates, but have the same process as the On-Campus Admission Days, except that those take place on Skype/telephone.

Application quick facts

Apply via

Direct to university

Mode

online

APS

Required for Enrollment

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

Application fee

100 EUR

Address

Heidrun Hoffmann, Burgplatz 2, 56179 Vallendar

Open application portal (opens in a new tab)

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Costs

Tuition

Up to 1,500 EUR

per semester

Semester contribution

N/A

per semester

Application fee

100 EUR

per application

Estimated year-1 total cost

11,904 – 14,902 EUR

Includes tuition, semester contribution, and estimated living costs. Range accounts for lifestyle differences.

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

Additional fee information

90-ECTS track: 33,000 €.

120-ECTS track: 40,600 €.

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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Admission outcomes

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