Master in Finance

The Master in Finance is a two-year program that offers students the choice between three specializations: Actuarial Science, Financial Economics and Financial Mathematics.

Key advantages of studying finance at Ulm University:

• The program is both quantitative and practical. This makes you stand out from the crowd.
• To develop your practical skills, lecture courses are accompanied by sessions that involve applications, working with data, and coding. There are also specially designed courses with a practical focus.
• The program is very flexible. You can choose between three specializations, and among a wide range of courses.
• During your studies, you can gain experience in the industry through internships and part-time positions as a working student.
• Ulm University is highly ranked - among the top ten percent of universities world wide in the Times Higher Education (THE) ranking.
• Ulm is a beautiful city, lively but safe. Close to Germany's financial centers and easily reachable by public transport.
• Low fees thanks to government support. Tuition fees are EUR 1500 per semester, totaling EUR 6,000 if you complete the program within two years. Students from the EU do not pay tuition fees.

Which specialization is the right one for me?

• The specialization in Actuarial Science is the right choice for you if you are interested in studies with a focus on actuarial science and methods applied in the insurance industry. Ulm University is one of the world’s leading institutions in this field. You can also take the entrance examinations of the German Association of Actuaries (DAV) during your studies at Ulm University.
• The specialization in Financial Economics focuses on understanding and predicting stock returns, on measuring credit and market risk, and it makes you familiar with financial institutions and markets. The specialization provides a lot of flexibility. Instead of taking high-level mathematics courses, you can take econometrics or machine learning courses. You can also take courses in actuarial science.
• The specialization in Financial Mathematics is the right choice for students who have a strong interest in mathematics and want to become experts in the mathematical and stochastic concepts widely used in the financial industry. You will learn to model financial processes and to use your knowledge for evaluating complex financial products.

Ulm University is accredited by the Accreditation Council.

Ulm University is a leading centre of learning, teaching, research and transfer. Since its foundation in 1967 as a university “under one roof”, it has impressively developed into a lively international hub for innovation and knowledge.

At Ulm University, located in the prosperous Southwest of Germany, more than 10,000 students study in its modern, lavishly green campus located in the dynamic Science City, high above the old imperial town of Ulm, the birth place of Albert Einstein. Four faculties offer 60 study programmes in German and English with B.Sc., M.Sc. and PhD degrees. The range of subjects is unique and specialised: Engineering, Computer Sciences and Psychology, Mathematics and Economics, Medicine and Natural Sciences.

Due to its size, Ulm University allows for close interaction between academic teachers and students, which results in speedy graduation. The high student satisfaction is expressed in major ranking studies. The excellent infrastructure and the high research funding provide students at a graduate and post-graduate level with a challenging and rewarding atmosphere when pursuing their Master and Doctoral degrees; Affordability and convenience make living in the charming town of Ulm most enjoyable, and studying at the Ulm University most attractive.