Accounting and Finance - Master
Eckdaten zum Studiengang
Deutsch und Englisch
Profil des Studiengangs
The financial crisis of 2008 has partially originated from poorly regulated, risky financial instruments. To avoid such crises in the future, financial and regulatory institutions need experts trained in both accounting and finance. Combining analytical skills in financial risk management with professional knowledge in internal and external accounting, the M.Sc. Accounting and Finance features an integrated analytical approach to graduate education in these fields.
Other than for the difficult task of regulating financial markets, knowledge taught in this program is of great importance in several fields of business that rely on risk management and an understanding of how incentives determine managers’ behavior in both financial and non-financial firms. However, the scope of the program reaches far beyond the limits of these two fields of business.
Students who enroll in this program may specialize in either Accounting or Finance through advanced field courses or alternatively choose a more balanced portfolio of courses in both fields. Other courses focus on institutional aspects pertaining to Corporate Governance and Auditing. Importantly, the program includes theory and application of empirical methods as employed in the practice of Empirical Banking or in institutions aiming at international financial stability.
- Continous-Time Derivatives Pricing
- Advanced Corporate Finance or
- Managerial Accounting
- Corporate Governance and Auditing
- Managing Corporate Taxation
- Advanced Time Series Analysis
- Empirical Banking
Admission is subject to a competitive selection procedure that includes individual interviews with faculty members. Shortlisted candidates from overseas will be interviewed in a video conference via Skype.
Application deadline: 15 May.
Interviews with shortlisted applicants are scheduled for mid-June.
Letters of admission will be sent out by late June - early July.
Our programs start at the beginning of October.
We publish all news concerning the application process on our website so you can stay in the loop.
Admission to the M. Sc. in Accounting and Finance requires a Bachelor’s degree in Business Administration or Economics with excellent grades, preferably a degree that amounts to 210 ECTS credits. Students entering with a 3-year Bachelor’s degree (amounting to 180 ECTS credits) are required to earn 30 additional ECTS credits in order to obtain a Master’s degree. Applicants are expected to have solid intermediate level knowledge in Accounting, Finance and Quantitative Methods (Math and Statistics).
The program is free of tuition fees for all EU residents. The state of Baden-Württemberg has introduced fees for international non-EU students and second-degree students. For background information and for fee exemption options, please refer to this link.
Applicants must be fluent in both English and German.
Foreign applicants must demonstrate their abiliy to study in German by submitting one of the following two certificates: DSH-2 or TestDaF 4*4*4*4. Applicants with a German Bachelor Degree do not need to provide proof of their German language skills.
Graduates have excellent career prospects across a wide range of fields in financial institutions such as banks and insurance companies, in auditing firms, management consulting, industrial firms and the public sector. They will be attractive candidates for all positions that require institutional knowledge, analytical skills and/or expertise in empirical research.
Graduates of this program will also find themselves well-positioned for an academic career. If you are interested in continuing your education with a pertinent Doctorate, you may complete your M.Sc. in Accounting and Finance on a Ph.D. track.
This effectively puts you on a fast track to a doctoral degree. Completing this track requires you to obtain 18 ECTS credits from Ph.D. track courses that take students to the frontier of academic research.
Moreover, you will need to fulfill the Master thesis requirement by writing an academic paper that may serve as the starting point of your Ph.D. thesis.
See also the school's graduate program.
BWL, Wirtschaftswissenschaft, Betriebswirtschaftslehre, international, Bankwirtschaft, Finanzen, Börse, Rechnungslegung, Wirtschaftsprüfung, Finance, Accounting, Banking, Accounting