International Finance (2024)

The programme in International Finance leads to an internationally recognized and renowned Master of Science degree.

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 operating companies, banks and other financial institutions.

The rigorous curriculum delivers a thorough foundation in financial principles and theory while providing practical applications to the world of international finance.

Study Program

Location:
Nürtingen

Language of Instruction:
English

Degree:
Master of Science (M.Sc.)

90 ECTS

Period of Study:
3 Semesters or 4 Semesters with Double-Degree Option

Start:Winter Semester
Application Deadline: June 1st

A summer semester start is not possible.

Study Plan

1st & 2nd Semester
Studies in Nürtingen

Option 1
3rd semester at the HfWU in Nuertingen & Master thesis

Option 2
Double Degree as Freemover (3rd +4th semester)

Accreditation:
internal system accreditation by the University

Study Contents

Programme Modules

Below is a list of the modules, a more detailled description can be found in the module handbook at the end of this section.

1st semester modules taking place in Nürtingen (winter semester):

Financial Management

  • Management Accounting
  • Financial Modeling
  • Applied IFRS

Financial Analysis

  • Portfolio Management
  • Bond Analysis
  • Equity Analysis

Management Skills

  • Strategic Management
  • Intercultural and Conflict Management
  • Project

Quantitative Research

  • Quantitative Risk Management with Matlab
  • Designing and Publishing Empirical Research in Business Studies

2nd semester modules taking place in Nürtingen (summer semester):

Applied International Corporate Finance

  • Mergers and Acquisitions
  • Private Equity & Acquisition Financing
  • IPO & Investor Relations

Applied Quantitative Corporate Finance

  • Company Valuation
  • Corporate Finance on Imperfect Capital Markets

Research in Empirical Finance

  • Predictive Analytics
  • Empirical Finance

Derivatives & Financial Engineering

  • Financial Engineering
  • Derivatives

For IFM students, it is optional to spend their 3rd semester either in Nuertingen or their 3rd and 4th semester as a Freemover at a university of their choice to receive a Double Degree.

Option 1: 3rd semester modules taking place in Nürtingen (winter semester)

Innovation in the Financial Industry

  • Digital Finance/ Fin Tec
  • Data Science & Data Science in Finance: Financial Analytics
  • Scale: Growing Revenue with Sales, Marketing, and Product

Master Thesis

Option 2: Double Degree as a Freemover. For more information on this option, please check the tab "Optional Studies Abroad"

Module_Handbook_IFM_from_Summer_Semester_2023.pdf450 KB

Studien- und Prüfungsordnungen

Optional Studies Abroad

Besides the option to spend their third semester at the HfWU Nuertingen-Geislingen University, students also have the opportunity to complete a Double Degree as a Freemover at a university of their choice worldwide. Freemovers organise their studies abroad independent from the HfWU and are not part of any specific exchange programme.

By choosing the Double Degree option, students spend their first two semesters at the HfWU and then go abroad to study approx. an additional year at a university of their choice. After completion of the required coursework, students will be awarded the MSc International Finance degree from the HfWU Nuertingen-Geislingen University, as well as a master degree from the university abroad.

Application and Admission

How Do I Apply to the IFM Programme?

Please check out the information provided by our Student Administration Office for a detailled step by step guide and link to our application portal Selma. Below you can find a short summary of the process:

Step 1:Register with our application portal Selma, which will be open from end of March 2024 until June 1st 2024.

Step 2: Upload all necessary documents to Selma (e.g. bachelor certificate, proof of English proficiency, motivation letter). Important: International applicants who received their former degree abroad have to get it first recognized by the Studienkolleg Konstanz . This recognition can be requested throughout the year.

Step 3: Make sure to complete your application in Selma until our deadline of June 1st 2024

Additional Information:

  • the application portal for the intake of 2024 will be open from end of March 2024 until June 1st 2024
  • Application Deadline: each year June 1st - for admission to the winter semester which usually starts towards the end of September/beginning of October each year . The deadline applies to all applicants (EU and Non-EU).
  • the programme only starts in the winter semester each year. A start in the summer semester is not possible
Admission Requirements

For a detailled list of the necessary documents, please check the information provided by our Student Administration Office. Generally the following documents are needed:

  • Proof of a degree in Business, Business Law, Economics or Management from a German institute of higher education or vocational college or a comparable degree from a foreign institute of higher education.
  • Declaration of study motivation, typewritten, max. 2 pages, in German or English language
  • Evidence of proficiency in English, at least at level B2 (according to the Common European Framework of Reference for Languages). Please note that you have to submit only one of the following:
    • Test of English as a Foreign Language -TOEFL- with at least 500 points (paper based) or 173 points (computer based) or 61 points (internet based)
    • International English Language Testing System Academic - IELTS with at least a 5.5 overall band score
    • Cambridge English: Business Vantage - BEC Vantage
    • Cambridge English: First – FCE
    • Cambridge English: Advanced – CAE
    • Cambridge English: Proficiency – CPE
    • Advanced Placement International English Language Exam (APIEL) with a minimum rating of 4
    • Test of English for International Communication (TOEIC) with at least 785 points
    • Language certificate for B2 level according to the "Common European Framework for Languages"
    • First degree from a programme conducted completely in the English language
  • Curriculum Vitae with personaldetails, education and work experience (optional)
  • Chinese, Indian and Vietnamese applicants also need to attach the Original Certificate of the "Akademische Prüfstelle des Kulturreferates der Deutschen Botschaft" (APS) from their country
Application Results

Our Student Administration Office will inform applicants by email with the results of the selection process around approx. mid-July. Please be aware that we cannot give out any information by phone regarding your status of application. Your acceptance/decline letter will be sent to the correspondence email address you list on your application form.

Career Prospects

Accelerate Your Career

Studying in the Master of Science International Finance programme at the Nürtingen-Geislingen University will equip you with the tools necessary to succeed in the financial world. You can consider it your best investment!

Our graduates start exciting careers worldwide in the fields of:
  • Investment Banking
  • Mergers & Acquisitions
  • Consulting
  • Corporate Finance
  • Private Equity
  • Portfolio Management
  • Financial Engineering
  • Bank Management

New Students & Enrolment

Accommodation

Application for Student Dormitory in Nürtingen
As rooms in the student dormitory fill up quickly, new students are encouraged to apply for a room as soon as possible!

Enrolment

For questions on enrolment and fees please first read the information provided on our homepage before contacting the Student Administration Office:

  • Enrolment procedure
  • Student Administration Office

Semester Start

The study programme starts only once a year in autumn. The semester opening will take place in the beginning of October. More information will follow end of September. For a first semester booklet and overall information please check out the follwing links:

  • Start of Your Studies
  • First Semester Booklet

University Account

All enrolled students will receive their log-in data for all online services of the University automatically before the start of lectures by email. A separate request is not necessary. Please keep in mind that only fully enrolled students can get access!

Semester Dates Winter Semester 2023/2024

Semester Opening: 4th October 2023
Lecture Period: 4th October 2023 - 26th January 2024
Exam Period: 29th January 2024 - 15th February 2024

Fees

Registration and Tuition Fees

All enrolled degree seeking students (EU and non-EU) are required to pay registration fees amounting to approx. 190 € each semester.

From winter semester 2017/2018, international students (non-EU) are also required to pay tuition fees amounting to 1500 € each semester.

For more information, please consider the following link:

- Information on fees and exemptions (click on Fees and Degree Seeking)

If you are interested in a Double Degree, please enquire about the fees of your preferred university. As we offer the Double Degree only for Freemovers, we cannot offer any reduction of fees.

ISF International School of Finance at the HfWU

The International School of Finance is comprised of all finance related study degree programmes at the HfWU Nuertingen-Geislingen University as well as their institutes and student/alumni activities.

  • Bachelor Study Programme International Financial Management BSc
  • Master Study Programme International Finance MSc

Alumni

Please find information about offers and chances for alumni engagement on our alumni site .

We invite all alumni to connect with us via LinkedIn . Become a member in our alumni club “Friends of IF”.

News International Finance

International Finance (1)

Freundeskreis der International School of Finance

Werde jetzt Mitglied!

Mehr erfahren

Contact

International Finance (2)

Prof. Dr. Dr.Dietmar Ernst

Studiendekan Masterstudiengang International Finance

+49 7022 2011021

Campus: CI10 233

Sigmaringer Str. 2572622 Nürtingen

Sprechzeiten:Mo 15:45-17:15 Uhr

International Finance (3)

Katharina Günter

Program Manager-Master of Science International Finance

+49 7022 2011026

Campus: CI10 237

Sigmaringer Str. 2572622 Nürtingen

Sprechzeiten:by arrangement

International Finance (2024)

FAQs

International Finance? ›

International finance is the study of monetary interactions that transpire between two or more countries. International finance focuses on areas such as foreign direct investment and currency exchange rates. Increased globalization has magnified the importance of international finance.

Is international finance a good degree? ›

Studying international finance is an excellent opportunity to launch your international career. It will give you global skills, allowing you to move across the world and be employable in hundreds of major economic centres.

What is an example of international financial? ›

Examples of international finance include regional currencies, such as the Euro, or foreign direct investment, which is the investment by a company in another country.

What is international finance major? ›

International Finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, and how these affect international trade. It also studies international projects, international investments and capital flows, and trade deficits.

What is the difference between finance and international finance? ›

Domestic financial management refers to financial operations within a single country. Meanwhile, international financial management refers to financial operations across multiple countries and currencies.

What does international finance do? ›

International finance is the study of monetary interactions that transpire between two or more countries. International finance focuses on areas such as foreign direct investment and currency exchange rates. Increased globalization has magnified the importance of international finance.

What does a career in international finance look like? ›

What Can You Do with an International Finance Degree? With their understanding of the complexities of global financial markets, international finance graduates can pursue careers in the areas of financial strategy, investment banking, tax, investment analysis, securities trading, accountancy, and financial management.

What are the advantages of international finance? ›

Benefits of International Finance
  • Access to new markets: By participating in international finance, companies and countries can gain access to new markets.
  • Diversification: International finance can help to diversify a company's or country's portfolio of assets.
Feb 20, 2023

What is the role of international financial? ›

They play a major role in the social and economic development of countries with emerging economies. This includes advising, funding, and assisting on development projects to: reduce global poverty and improve living conditions and standards. support sustainable economic, social and institutional development.

What is international financial position? ›

The net international investment position (the stock of external assets less the stock of. external liabilities) shows the difference between what an economy owns in relation to what. it owes. The net IIP, combined with the stock of an economy's nonfinancial assets, composes. the net worth of that economy.3.

Which country is best for finance major? ›

Here's a list of prime destinations to study finance overseas, simplifying your decision-making.
  • United States of America. The USA tops the list for the best country to study finance for Indian students. ...
  • United Kingdom. ...
  • Canada. ...
  • Australia. ...
  • Singapore. ...
  • Germany. ...
  • Switzerland. ...
  • France.
Jun 26, 2024

Is international trade and finance a good degree? ›

Career Path

ITF graduates can be successful in a wide variety of industries. While employment in business roles is most common, they are highly sought after in other professional areas including the public sector, law, nonprofits, international relations, research, and academia.

What is Master in International Finance? ›

The Master in International Finance provides future managers with the specialised, cutting-edge knowledge, analytical, technical and managerial skills needed to work in all fields of the global finance, auditing and accounting industries.

Is international finance a good course? ›

With an academic degree in International Finance, you will secure the management talent stream of multinational companies. Recognised specialists from the financial or finance sector of multinational companies prepare you thoroughly for work in the international financial community.

Why is international finance beneficial? ›

It enables businesses to navigate the complex web of global financial markets, which includes equity markets, debt markets, foreign exchange markets and derivatives markets. These markets play a pivotal role in the exchange of capital from savers to borrowers, which is vital for the functioning of the global economy.

What is the goal of international financial management? ›

It involves making financial decisions in an environment where currency exchange rates, foreign investment, and global markets play a significant role. The goal of IFM is to maximize shareholder value by leveraging international opportunities and mitigating risks associated with cross-border transactions.

What are the disadvantages of international finance? ›

The main risks that are associated with businesses engaging in international finance include foreign exchange risk and political risk. These challenges may sometimes make it difficult for companies to maintain constant and reliable revenue.

Can you work internationally with a finance degree? ›

The financial industry is global, which means there are many opportunities to work in finance abroad. Working abroad can be an exciting experience that also makes you a more valuable employee.

What is the best finance degree to get? ›

An MFin or MS in finance are strong options for students who prefer finance-specific courses or careers based on advanced mathematic principles. An MBA in finance provides students with more coursework on business and management principles for flexible careers within the business world.

Is International Trade and finance a good degree? ›

Career Path

ITF graduates can be successful in a wide variety of industries. While employment in business roles is most common, they are highly sought after in other professional areas including the public sector, law, nonprofits, international relations, research, and academia.

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