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Master's programme

Master in Finance (MSc) WHU - Otto Beisheim School of Management

Duration
3 semesters | 4 semesters
Language of instruction
English
Tuition fees
10,100 EUR
Fees may vary. Exemptions or additional costs may apply.
Next application deadline
View details
Language level required
English: C1
German: None

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Master in Finance (MSc)
© Julia Berlin

Master in Finance (MSc)

Take a walk through the WHU Düsseldorf campus in our immersive virtual tour. Modern, flexible, with space for larger events and conferences, Campus Düsseldorf is designed for collaborative learning, featuring modern lecture halls, study rooms, social spaces, and outdoor areas that feel like an oasis within the city. Join us for a view of this growing campus within the bustling hub of Düsseldorf.

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Programme overview

Quick facts

Degree
MSc
Duration
3 semesters, 4 semesters
Full-time / part-time
Full-time
Intake
Winter semester
Joint degree / double degree programme
Yes
A Diploma supplement will be issued
Yes
Combined Master's degree / PhD programme
No

Language of instruction

English

Courses are completely taught in English.

Programme description

WHU's Master in Finance is a distinguished Master of Science programme that combines academic rigour with real-world relevance. Our programme focuses on key areas such as financial analytics and advanced financial theory, equipping students with the skills highly sought after in today’s finance industry. WHU offers a unique opportunity to gain a comprehensive understanding of finance while developing specialised expertise in financial modelling, data-driven decision-making, and global financial markets.

Programme structure

The programme starts at the beginning of September each year. The first two semesters of the programme take place at the WHU campus in Düsseldorf. The core modules impart essential elements and fundamentals for a comprehensive understanding of finance as well as analytical methods and tools. They are Advanced Corporate Finance, Capital Market Theory, International Financial Reporting, Financial Econometrics, and Economics of Financial Markets and its Institutions. The elective courses enable you to focus on different areas within finance that might be of interest to you. We offer elective courses such as Investment Banking, Valuation and M&A, Financial Technologies, Venture Capital Finance, and Asset Management.

After your first two semesters at WHU, you will do a mandatory internship over the summer. Students in the 90 ECTS track will complete their capstone module abroad before the summer, and they will begin working on their Master's theses after the summer internship in the third semester. Students in 120 ECTS track will complete a semester abroad at one of our partner universities around the world, and then they will begin working on their Master's theses afterwards in the fourth semester.

Mode of study

  • Fully on-site

International elements in the curriculum

The curriculum of this study programme includes international elements that support global perspectives and cross-cultural learning:

  • Language training provided
  • Training in intercultural skills
  • International guest lecturers
  • Integrated/optional study abroad unit(s)

    Students in the 90 ECTS track will complete a capstone module abroad.

    Students in the 120 ECTS track will complete a semester abroad.

  • International comparisons and thematic reference to the international context

Integrated internships

An internship has to be completed at the end of the second semester for a minimum of six weeks.

Application and admission

Application period(s)

  • 30 April 2027 – for applicants requiring a student visa
  • 31 May 2027 – for EU/EEA citizens and applicants who do not require a student visa to study in Germany (e.g. nationals of Australia, Brazil, Canada, Israel, Japan, New Zealand, South Korea, the UK, or the USA)

Academic admissions requirements

For the Master in Finance, applicants should have a Bachelor's degree from an accredited institution, with no more than four years of postgraduate work experience. 

Our admission requirements include:

  • Bachelor's degree in a business-related field of study or with a strong quantitative background and first experience in finance-related areas
  • Practical experience – minimum of 12 weeks of internship(s) or equivalent; 20 weeks recommended, and no more than four years of postgraduate work experience
  • GMAT: Minimum score 555 - WHU Code: FBR-FH-93 (GMAT 10th Edition: Minimum 600) OR GRE: Minimum score 158 Verbal and 158 Quantitative - WHU Code: 7175 OR GTEBS (formerly TM-WISO): Minimum score 102 (must be taken in English)
  • International experience (recommended)
  • Proof of English proficiency (details below)

Candidates must apply via our online application portal: WHU Application Center.

If your application passes the first part of our selection process, you will be invited to the video-recorded interview round via Kira Talent. Kira Talent is an online video interview platform that enables the candidates to record themselves answering our interview questions.

As the last step in the application process, you will be invited to a personal interview online.

Language requirements

Please check all requirements directly with the respective higher education institution. Exceptions may apply. See our website for further details.

German language requirements

German: None

English language requirements

English: C1

Accepted certificates include
Certificates Minimum result
TOEFL iBT (since 2026)
Total: 5.5 / 6
TOEFL iBT (before 2026)
Total: 100 / 120
IELTS Academic
Total: 7 / 9

How to apply?

Website

Please check this website.

Click here

Costs and funding

Tuition fees per semester

Applicants from Tuition fee
All countries
10,100 EUR

Tuition fees may vary depending on the course of study or other factors (e.g. part-time/full-time, duration of study, ECTS, study abroad). For an exact breakdown of costs, please consult the programme website.

Semester contribution

Included in the tuition fees

Cost of living

Approx. 1,200 EUR per month to cover housing, food, and personal expenses

Part-time employment

Different chairs and departments at WHU sometimes hire students on a part-time basis to assist with research projects and general tasks.

Scholarships and financing information

Qualified students should not be held back by their financial situation. Therefore, there are a number of financing options available to our Master of Science students, which allow all successful candidates to study at WHU.

  • WHU Women in Finance Scholarship
  • Merit scholarship for candidates with an above-average GMAT, GRE, or GTEBS score
  • In Praxi Diversity scholarship for international candidates
  • In Praxi Women in Business scholarship for international female candidates
  • WHU Excellence scholarship for candidates with an outstanding academic background and an excellent performance in the WHU Master's admission process
  • Deutschlandstipendium for particularly talented students

Please visit our fees and financing website for complete financial aid and tuition information.

Living & services

Support for international students

  • Welcome event
  • Buddy programme
  • Specialist counselling
  • Visa matters
  • Help with finding accommodation
  • Support with registration procedures

Course-specific language courses available

German

Career advisory services

The Career Centre supports you on your path of professional self-determination, helping you to reach your goals and facilitating a smooth transition from student life to work life.

At all stages of your career planning process, you will profit from a broad range of career activities. Our services include:

  • Career counselling and training
  • Presentations, workshops, and career fairs
  • Job databases and newsletters
  • Online resume database and on-campus recruiting
  • Link to the WHU alumni network

About us

Düsseldorf campus© Falco Peters Photography

WHU - Otto Beisheim School of Management

WHU – Otto Beisheim School of Management is the leading private business school in Germany and is continuously ranked among the top business schools in Europe. On WHU’s two campuses in Vallendar (near Koblenz) and Düsseldorf, faculty, students, and staff enjoy working and studying in an environment that promotes diversity and internationalisation. The organisational culture at WHU is distinguished by a spirit of courage and innovation, a strong sense of community, a high dedication to excellence, and an intrinsic commitment to society.

University facts

  • 2,088
    Total enrolled students
  • 223
    Partner universities worldwide

Location

WHU's study programmes are offered on the two campuses in Vallendar and Düsseldorf. The Master in Finance is offered at our Düsseldorf campus. 

Whether relaxing by the River Rhine or exploring the Altstadt, Düsseldorf offers plenty to see and do. Stroll on the Königsallee or in the Media Harbour, take a break in nature by walking through one of its many parks and gardens, explore the museums, or enjoy music and art at the Opera House. As the headquarters of many international companies, Düsseldorf goes beyond art, culture, and restaurants, and is an important centre for industry and economy. Well-connected to other European cities with its international airport, Düsseldorf is an ideal location for WHU students looking to further their education.

Both the Vallendar campus and the Düsseldorf campus share the same "WHU Spirit" of mutual trust, support, and respect. With students and faculty from numerous countries, WHU offers a truly international study environment.

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Contact

Main contact

Master in Finance (MSc)

Address
Erkrather Straße 224a, 40233 Düsseldorf
Email
E-mail

Additional contact

Name
Yuki Pratima Kongthon
Email
E-mail

Additional contact

Name
Milena Bennewitz
Email
E-mail

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Always know what comes next

Study Guide gives you a personal to-do list tailored to your background, qualifications and interests, so you always know what to do next.