International Finance

First Semester Modules (Nürtingen - winter semester)

• Financial Management (International Accounting, Financial Accounting & Consolidation, Management Accounting)
• Financial Analysis (Financial Statement Analysis, Bond Analysis, Equity Analysis)
• Management Skills (Intercultural Management, Conflict Management, Human Resources)
• Quantitative Finance & Econometrics (Quantitative Finance, Econometrics, Financial Modelling)
• Master's Seminar & Scientific Research (Master's Seminar, Graduate Research Methods in Finance)

Second Semester Modules (Nürtingen - summer semester)

• Equity Capital Markets and Alternative Investments (Going Public & Delisting, Investor Relations, Hedge Funds, Real Estate & Mezzanine)
• Applied International Corporate Finance (Mergers & Acquisitions, Private Equity & Acquisition Financing, Legal Structuring of Corporate Finance Transactions)
• Applied Quantitative Corporate Finance (Practice of Company Valuation, Structured Finance)
• Portfolio Management & Risk Management (Portfolio Management, Quantitative Instruments of Modern Risk Management)
• Derivatives and Financial Engineering (Derivatives in Financial Engineering, Computational Finance & Advanced Financial Engineering, Financial Engineering)

Students can choose the Integrated Semester Abroad Option or the Double-Degree Option:

Integrated Semester Abroad Option:
Third Semester Modules (University of South Wales, UK - winter semester)

• Accounting Research
• Contemporary Issues in Accounting
• Corporate Governance
• Master's Thesis

Double-Degree Option (one year at a university in the UK or USA or in Canada, Australia, Ireland, South Africa, or New Zealand - winter and summer semesters)

Educational organisation

The programme starts in October (winter semester) each year.

Integrated Semester Abroad Option Outline:
First semester: Nürtingen, Germany - October to February
Second semester: Nürtingen, Germany - March to July
Third semester: semester abroad at the University of South Wales, UK - September to January

Double-Degree Option Outline:
First semester: Nürtingen, Germany - October to February
Second semester: Nürtingen, Germany - March to July
Third and fourth semesters: study abroad (including Master's thesis) at a partner university or as a free mover at any university in the UK or USA or in Canada, Australia, Ireland, South Africa, or New Zealand - September to September of the following year

Study abroad unit(s)

Students can choose the Integrated Semester Abroad Option or the Double-Degree Option:

Integrated Semester Abroad Option:
Third Semester Modules (University of South Wales, UK - winter semester)

• Accounting Research
• Contemporary Issues in Accounting
• Corporate Governance
• Master's Thesis

Double-Degree Option (one year at a university in the UK or USA or in Canada, Australia, Ireland, South Africa, or New Zealand - winter and summer semesters)

Internships

None

Forms of assessment

The courses of the MSc International Finance programme are arranged in a modular structure.
The modules are in line with the European Credit Transfer System (ECTS). A successfully completed programme (three semesters) comprises 90 ECTS credits (30 per semester).
Forms of assessment are written and oral examinations, papers and presentations.

Course objectives

Our mission is to qualify students to become experts in the international financial world and to prepare them for top positions in finance departments within globally active companies, banks and other financial institutions.
The rigorous curriculum delivers a thorough grounding in financial principles and theory, while providing practical applications to the world of international finance.
The programme has been evaluated and accredited by a competent accreditation authority (ACQUIN).

Language requirements

Applicants must provide proof of their English language skills:
TOEFL with at least 213 points (computer-based) or 79 points (Internet-based) or an equivalent test (CAE, CPE, FCE, BEC Vantage, IELTS with at least 6.5 points, APIEL with at least grade 4, TOEIC with at least 785 points or an undergraduate degree from an English-speaking programme)

Applicants do not need to provide proof of their German language skills.

Academic requirements

Bachelor's degree (or equivalent) in business, economics, management or business law from a national or international institution of higher education.
The degree must show evidence of above-average examination results (an average grade of at least 2.3 on the German scale or equivalent).

Enrolment fees

170 EUR per semester in Nürtingen
The fee includes a semester ticket covering public transport in the Stuttgart metropolitan area.

*Enrolment fees are subject to change.

Costs of living

Students should budget approx. 700 EUR per month. A higher cost of living may be expected for the semester(s) abroad.

Job opportunities

Depends on work permit

Arrival support

Orientation days are organised by the International Office.

Services and support for international students

International students are supported by the International Office, English-speaking programme management, and a mentoring programme, which pairs up international students with native students.

Accommodation

Accommodation is available in the local halls of residence or on the private market. Rent for a single room in a student residence is approx. 240 EUR per month.
Private accommodation can be found on the internet at: http://www.studenten-wg.de.