Financial Economics, M.Sc.
The teaching is entirely in English, half of the students are recruited at home and abroad. The special objective of the degree program is the combination of professional competence with multilingualism and an international dimension. Postgraduate studies, which can be followed by the acquisition of a first academic degree (Bachelor, Baccalaureate, Diploma). The program offers graduate-level professional education in quantitative methods and models of micro- and macroeconomics, corporate finance and financial market analysis to support business and economic policy decisions in a globalized world.
Programme facts
| Degree | Master of Science (M.Sc.) |
|---|---|
| Duration | 4 semesters, 120 ECTS |
| Language of instruction | English |
| Required English | C1 |
| Study mode | Full-Time |
| Start | Winter semester |
| Application | winter semester until 15.07 |
| Admission | No admission restriction: every eligible applicant is admitted |
| Tuition fee | €0 per semester for international students |
| Semester contribution | €128.50 per semester |
What the tuition fee consists of
Will I get in
Every applicant who meets the formal requirements is admitted — but places can run out before the deadline, so apply at the start of the window.
How the selection works and how strong the competition is — we go through it against your certificate when we select programmes for you.
Programme selection →What you study
Students who want to acquire knowledge, methods, and skills that are expected of professional applied economists or financial analysts and managers. The program builds upon a strong foundation in economic theory, econometrics, and quantitative finance that is provided within the first and second semesters. Later on, generally from the third study semester, students will specialize. The M.Sc. in Financial Economics prepares students for challenging future careers in the private and public sectors of economies worldwide as well as for future scholarly research endeavors; for example, our doctoral program in economics.
The full curriculum and the programme's parameters are part of programme selection: we compare them with your profile.
Pick programmesCareer
The FINEC program and the skills which it provides have proved attractive to employers in a wide variety of industries. Most of our graduates work as business, market, or political economists in foreign and multi-national companies, consultancy firms, financial institutions, or international organizations. If you would like more information about career services, internships, job search counseling, job interviews, etc., please check out the Career Service Center which is an institution of the Otto-von-Guericke University Magdeburg.
Cost of study
| Tuition fee of the federal state (Saxony-Anhalt), international students | €0 |
|---|---|
| Semester contribution | €128.50 |
Requirements and application
| Previous education | Interest in business or economic questions, good to very good knowledge of mathematics and English. |
|---|---|
| Language | English C1 — confirmed by a certificate when you apply |
| Application | winter semester until 15.07 |
The procedure and the set of documents depend on your certificate. We check the university's requirements against your documents and give you a list: what to submit, how to certify and translate it, where and when to apply.
Check the requirementsHow to get into this programme
- 1Check your certificate and its recognitionDirect admission, a year at a university at home, or Studienkolleg first — this decides the whole plan.
- 2Documents and translationsCertified translations of the certificate and transcript, an APS if required. 3–4 weeks.
- 3Application until 15.07Send the documents well before the deadline — an incomplete application cannot be completed after it.
- 4Admission, visa, movingPlan 2–3 months for the visa and the blocked account in parallel.
How to apply
You can submit the application yourself or with our help — the university decides on admission in both cases.
Applications go through the university's portal or uni-assist. Typical mistakes:
- ×incorrectly made certified copies and translations
- ×a wrong set of documents
- ×the application submitted the wrong way
- ×errors or gaps in the application form
- ×the application submitted at the wrong time — too early or too late
An incomplete or incorrectly prepared application is excluded from the selection — it can no longer be corrected after the deadline.
StudyInFocus does not represent the university and does not influence the admission decision. We do not sell study places and do not guarantee admission — this is a service for preparing and submitting documents on the applicant's side.
If your level is not enough yet
The two most common stoppers are a language level below the requirement and a certificate without direct admission. Both can be solved, but they take months — plan them now, not after a rejection.
Questions about this programme
How much does the programme cost?
What language level do I need?
When do I need to apply?
Don't postpone the application
The deadline is 15.07.2027 (274 days left). Language, translations and the document check take months, not weeks. In 30 minutes we will build a plan backwards from the deadline and tell you honestly whether you can make it.