Fachbereich Wirtschaftswissenschaft

M.Sc. Accounting and Finance

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 including courses focusing more 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.

Key Facts

3 Semester Program

Courses start in October

90 ECTS Credits

incl. Master Thesis (24 ECTS credits)

What do our students say?

"The international and ambitious environment as well as the curriculum of the Accounting & Finance program guided me in building an excellent foundation for a future career in banking and financial markets." – Sebastian Memmel, B.Sc. Uni Tübingen

"The Master's program enabled me to further develop my knowledge in the fields of accounting and finance and thus created the ideal basis for my professional career." – Wanja Guschin, B.Sc. Uni Tübingen

"With the acquired professional skills and methodical solutions for the processing of dynamic and complex tasks within the fields of finance and banking, I was ideally prepared for my professional life as a transaction consultant in the financial service sector." – Miriam Brensing, B.Sc. Uni Tübingen

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Areas of Specialization

  • Continous-Time Derivatives Pricing
  • Advanced Corporate Finance or
  • Managerial Accounting
  • Corporate Governance and Auditing
  • Managing Corporate Taxation
  • Advanced Time Series Analysis
  • Empirical Banking

Curriculum

Modules / Areas ECTS credits  
Core Studies Accounting 9  
Core Studies Finance 9  
Specialization Studies 24-33

 

39
Elective Studies 6-15
Advanced Topics 9  
Master Thesis 24  

 

Ph.D. Track

Graduates will also find themselves well-positioned to pursue a Ph.D. subsequent to this M.Sc. program. For this purpose, students may study this M.Sc. program on a Ph.D. track, putting themselves on a fast track to a doctoral degree.

Module Handbook

For more detailed information about the modules, please see the Module Handbook.

Application

Deadline:

Application for all Master Programs is possible from March 1st until May 15th
(M.Sc. Economics: Until July 15h for international / September 15th for EU applicants)

Application Portal

Bachelor Degree Requirements

 Bachelor Degree Certificate in Business Administration, Economics or related fields with a final grade of at least 2.5 or better according to the German grading system. (The final grades of international applicants will be converted into the German grading system and therefore also be subject to this rule).

  • A certificate stating that the applicant has successfully completed a first university degree or a certificate (or equivalent documents) providing evidence of the successful completion of at least the year prior to his/her final examination in the equivalent studies.
  • Degree should preferably amount to 210 ECTS. Students entering with a 3-year Bachelor degree (180 ECTS credits) are required to earn 30 additional ECTS credits in order to obtain a Master degree.

Complete Transcript of Records with a final grade or calculated grade average. Transcripts of Records containing generic module titles (such as Business Administration I, II and III) should be accompanied by detailed module descriptions. The transcript should prove that the applicant has solid intermediate knowledge in

  • Accounting,
  • Finance and
  • Quantitative Methods (Mathematics, Statistics, Econometrics)

CV

CV in tabular format in English or German

Letter of Motivation

Please provide us with a letter of motivation explaining your reasons for applying for this degree and outlining your qualifications for it. Kindly limit yourself to one page, the letter may be composed either in English or in German.

Language Requirements

  Proof of English Language Qualification

  • TOEFL ibt: 79 or
  • TOEFL pbt: 550 or
  • IELTS: 6.5 (overall band) or
  • Cambridge: CAE, CPE or BEC Higher or
  • TOEIC: 700 or
  • UniCert III Certificate or
  • German Abitur including at least 6 (G8) or 7 (G9) years of English or
  • Officially recognized higher education degree (e.g. Bachelor degree) entirely taught in English (English as the language of instruction) or
  • Transcript of Studies proving at least 30 ECTS-Credits were obtained in English-taught modules.

Please note that for the latter two options you must provide a medium of instruction certificate unless the language of instruction is definitively stated on your transcript!

Proof of ability to study in German (only for international students):

Additional Documents

Further documents proving specific qualifications relevant to the desired course of study may be submitted. Examples of these additional documents are, among others, proof of additional foreign language skills, results of standardized tests specific to the fields of Business and Economics (such as GRE or GMAT) and certificates of participation in summer schools or research projects that are not documented in the applicant's academic transcript. Please note that neither a GMAT nor a GRE are a prerequisite for any of our M.Sc. programs but that they may serve as an indication that the applicant possesses a certain skill set.

Note: It is not compulsory to send reference letters. However, if you wish to hand in reference letters, you can do so voluntarily.

Recognition of International Degrees

Please note that we as the academic advisory team are not in a position to provide accurate information regarding the recognition of international degrees in Germany. These matters are handled by our central Student Affairs Office (Advising and Admission of International Students) who can provide information about the recognition of specific degrees as well as grade conversion.

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Admission

Incoming applications will be reviewed by the admission committee to determine whether they meet the entry requirements and then ranked according to the grades the applicants obtained in ther undergraduate studies and other criteria.

Timeline Admission Process

March 1

application portal opens

May 15

application deadline

June 13-20

interviews

June

offer letters are sent out by the end of June

October

start of the M.Sc. program

Interviews
After the admission committee has reviewed the applications they will invite the best candidates to take part in the next stage of the admission process, the interviews. Invitations will be sent out via email at least three days before the interview and will state the day and the time of the interview. Please make sure that you regularly check your emails. Interviews are conducted via Zoom. Admitted candidates will receive an admission letter 1-3 weeks after the interview. Students who receive an offer have only a limited period of time to accept the offer and matriculate at the University of Tübingen before the offer becomes invalid and the spot will be offered to the next candidate on the list.

Student Fees
The program is free of tuition fees for all EU residents, students are only obliged to pay a small administrational fee and a contribution to the student union to matriculate.

The state of Baden-Württemberg has introduced fees for international non-EU students and second-degree students in recent years. For background information and for fee exemption options, please refer to the following link:

Tuition Fees

Further Questions?

For further questions, please contact:

Academic Advisory Service

Want to talk in person? Make an  appointment
Nauklerstraße 47 | 72074 Tübingen
+49 7071 29-76415
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Program Coordinator
Prof. Dr. Jörg-Markus Hitz

Contact the Academic Advisory Service