Accounting and Finance (M.Sc.)

Figures create facts. And you create the figures …

Are you passionate about facts and figures and are you talented in handling them? If so, you will make your way. The understanding of accounting and finance is a key task in managing companies. Have you already acquired relevant fundamental knowledge in the fields of controlling, financing, accounting and taxes? Then the master program in Accounting and Finance is a consistent and logical continuation of your academic career. Know-how: Experts in financial management still prevail on the market and have excellent and exciting prospects in the economy, science and in research.

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Excerpts of Module Descriptions (2018)

Unbeatable content and close to practice

In today’s economy – signified by a global environment – you require knowledge of methods and techniques, professional skills and a high degree of social competence (soft skills) in order to meet the demanding challenges of a leading manager. The master program in Accounting and Finance guarantees an intensive enriching exploration of relevant issues in financial business management and high quality standards

in providing theoretical foundations,
in applying the acquired competences to practice in interdisciplinary projects in heterogeneous teams. This includes analyzing and working on complex real-life problems.

Summary

Program	Accounting and Finance Master of Science (M.Sc.)
Terms	3 terms, full-time
ECTS-Credit Points	90
Program start	Each year winter semester
Application deadlines	Until 15 July
Languages	German, English
Accreditation	ZEvA until 30 September 2026
Admission requirements	Yes

Prospects

This master program will prepare you for a responsible position in management, investment-banking, consulting or accounting. Specialists in financial management still assert themselves in the job market and have excellent and exciting career opportunities in business, science and research. You will also have the option of an academic career and later earning a Phd/doctorate.

Course catalogue

Special features

You will be studying in small groups and understand content closely linked to business practice. Besides working on a wide range of current and relevant issues and learning about case-related practical approaches, your studies will be enriched by close co-operation with selected companies.

Pre-requisites for admission

Attention! Aptitude test!

Pre-requisite is a bachelor's degree or Diplom (German academic degree) or an equivalent degree from abroad in business administration or a closely related field of study with a standard full-time period of study of at least 7 semesters (equivalent to 210 ECTS credits). You are also required to provide the result of an external aptitude test, either the TM-BASE or the GMAT. Furthermore, you need to provide a language certificate to prove that you have a minimum English language level of B2 (CEFR).

Degree

Upon successful completion of your studies you will be awarded a Master of Science (M.Sc.).

FAQ

I only have a bachelor's degree with 210 ECTS credits. Can I apply anyway?

No.

I have to write a few examinations during the summer semester. Can I apply anyway?

Yes, but you need to submit a document from your university stating the expected completion date and a provisional bachelor grade. You must provide the original bachelor certificate at a date set by the Admissions Office, which is usually at the end of October.

I am currently studying in another master program. Can the achieved credits be recognized?

Yes, that is generally possible. Please contact the head of the master program to discuss the steps that need to be taken.

Do I have to proof my language competence with a certificate?

Yes. There are a few exceptions that are explained below.

What does the B2 language level stand for? How can I demonstrate that?

You can find out on the website of the Common European Reference Frame for Languages which score you must reach in the different certificates (e.g. TOEFL or IELTS) in order to meet the requirements.

I have achieved 30 ECTS credits in modules held in English or completed an English or bilingual (German-English) bachelor program. Do I still have to provide a separate proof of language proficiency?

No. You do not need a separate proof of language proficiency, if you have achieved at least 30 ECTS credits in modules held in English (either in Germany or abroad).

Do I have to include letters of recommendations or a letter of motivation in my application.

No.

Do selection interviews take place?

No.

Do I need to take an admission test?

Yes. A specialized aptitude test is used to assess the abilities that are particularly important for success in this master program. We recommend taking the TM-BASE conducted by ITB Consulting. You can find more information on their website http://tm-wiso.de/. Please make sure that you take the TM-BASE in English as ITB Consulting also offers a German version of the test. Alternatively, you may submit the results of an GMAT exam.

Where and when can I take the TM-BASE?

Tests will take place on several dates and in several cities. Please refer to the website http://tm-wiso.de/ for more details. Please make sure that you take the TM-BASE in English as ITB Consulting also offers a German version of the test.

How often can I take the TM-BASE?

As often as you like, but only once per year. You can decide what test result you want to submit, but it must not be older than three years.

How much does the TM-BASE cost? Who bears the cost?

The participation fee is currently 100 Euros. The participation fee as well as travel and accommodation expenses have to be borne by the applicant.

What criteria are applied to select the applicants?

If the number of applicants exceeds the number of places available, there is a selection process based on a weighted average of your bachelor grade (60%) and the results of the aptitude test.

Can I increase my chance of being selected if I include letters of recommendations or employer references?

No.

Do graduates of the Frankfurt University of Applied Sciences receive a preferred treatment in the selection process?

No.

Is there a contingent for foreign students?

No.

What are the grade/score requirements for being selected?

This depends on the number of applicants, their bachelor grades and aptitude test results.

I have a foreign degree. What do I need to do?

Please contact our International Office first to learn more about the general rules for admission.

Is a semester abroad part of the curriculum?

No, due to the short duration of the degree course there is currently no institutionalized exchange with foreign universities.

Can I organize a semester abroad myself and have the achievements recognized?

Yes, of course. Please contact the International Office with questions regarding partner universities, organization or financing. It is strongly advised to sign a learning agreement before you go abroad.

Can I study alongside a part-time or full-time job?

The degree course is designed as a full-time degree course with respect to the course load. That also means that professional activities cannot be considered with respect to lecture and examination times. In general, we do not recommend working part-time of full-time next to studying this master's degree course.

Who can I contact if my questions have not been answered yet?

Questions with respect to the application and admission procedure can be directed at the Student Services Office. Students with an international degree should contact the International Office. For more information on the degree course please contact the degree course coordinator.

Admission requirements

Deadlines

The deadline for the receipt of the admission application ends on 15 July, for the winter semester.
Please make sure to submit the results of the TM-BASE or GMAT test.