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Otto-von-Guericke-Universität Magdeburg
Master English Law & Economics

Financial Economics (FINEC)

Master of Science (M.Sc.)

Otto-von-Guericke-Universität Magdeburg Magdeburg · Saxony-Anhalt

About the Program

The objective of the study program is to enable students to independently identify economic problems, to independently develop solutions to problems on a scientific basis, and to formulate recommendations for action. Students will acquire a systemic way of thinking and excellent analytical skills. Both of these skills are valuable qualifications for managerial and consulting activities, which allow students to understand complex interrelationships, and to analyze and evaluate problems from multiple viewpoints. The study program is focused on questions of financial economics and capital market theory, the functionality and regulation of banking and financial markets, and empirical financial market research to support entrepreneurial and economic policy decisions in a globalized world. The curriculum is taught entirely in English. The student body is multinational and consists of students from more than 30 countries. A particular emphasis is placed on combining technical competence with multilingualism and an international dimension. The program is directed by Prof. Dr. Peter Reichling (Chair: Banking and Finance) and features lecturers from the Institute for Economic Research (IWH), including Prof. Reint E. Gropp, PhD, Prof. Michael Koetter, PhD, Prof. Dr. Felix Noth, Prof. Dr. Steffen Müller, and Prof. Dr. S. Jeworek.
▶ Show the original English text
The objective of the study program is to enable students to independently identify economic problems, to independently develop solutions to problems on a scientific basis, and to formulate recommendations for action. Students will acquire a systemic way of thinking and excellent analytical skills. Both of these skills are valuable qualifications for managerial and consulting activities, which allow students to understand complex interrelationships, and to analyze and evaluate problems from multiple viewpoints. The study program is focused on questions of financial economics and capital market theory, the functionality and regulation of banking and financial markets, and empirical financial market research to support entrepreneurial and economic policy decisions in a globalized world. The curriculum is taught entirely in English. The student body is multinational and consists of students from more than 30 countries. A particular emphasis is placed on combining technical competence with multilingualism and an international dimension. The program is directed by Prof. Dr. Peter Reichling (Chair: Banking and Finance) and features lecturers from the Institute for Economic Research (IWH), including Prof. Reint E. Gropp, PhD, Prof. Michael Koetter, PhD, Prof. Dr. Felix Noth, Prof. Dr. Steffen Müller, and Prof. Dr. S. Jeworek.

Which Professions Does This Program Open Up?

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Subjects / Topic Areas

Financial Economics

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How do I apply to Financial Economics (FINEC) at Otto-von-Guericke-Universität Magdeburg?

Most international applicants apply via uni-assist (document verification + APS for some countries). Prepare your secondary/Bachelor diploma, transcripts, language certificate (DSH/TestDaF or IELTS/TOEFL), motivation letter and CV. Non-EU students also need a Sperrkonto (~11,904 EUR/year) for the visa.

  1. Check requirements — Verify your degree is recognised + meet language/grade thresholds.
  2. Get language certificate — TestDaF / DSH for German programmes, IELTS / TOEFL for English.
  3. Submit via uni-assist (non-EU) — Document review + APS if your country requires it (China, India, Pakistan, Vietnam, etc.).
  4. Apply directly or via uni portal — Some universities accept direct applications — check the official programme page.
  5. Open Sperrkonto + apply for visa — After admission, deposit 11,904 EUR, get health insurance, book embassy appointment.

Frequently Asked Questions

Quick answers about Financial Economics (FINEC) at Otto-von-Guericke-Universität Magdeburg

Is Financial Economics at Otto-von-Guericke-Universität Magdeburg taught in German or English? ▼

This Master programme is taught in English. Make sure to check the language requirements (e.g. TestDaF, DSH, IELTS or TOEFL) before applying.

How much does the Financial Economics programme cost? ▼

No tuition fee (only semester contribution). International students should also budget around 800–1000 EUR/month for living costs in Germany.

What are the admission requirements for Financial Economics at Otto-von-Guericke-Universität Magdeburg? ▼

Typical requirements include: a recognised secondary/undergraduate degree, proof of language proficiency (English), and (for non-EU applicants) a uni-assist application plus financial proof (Sperrkonto ~11.904 EUR/year).

When is the application deadline? ▼

Application deadlines vary: winter semester usually closes on 15 July, summer semester on 15 January. Always confirm the exact deadline on the official university website.

Can I work in Germany while studying Financial Economics? ▼

Yes. International students may work up to 140 full days / 280 half days per year without additional permission. After graduation you can apply for an 18-month job-seeker permit.

How do I apply to Otto-von-Guericke-Universität Magdeburg — directly or via uni-assist? ▼

Most German universities accept international applications through uni-assist for document verification. Some unis accept direct applications — check the programme page on the official site.

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