The objective of the master’s programme in Banking and Finance is to offer a solid and well-founded education in finance, particularly focusing on asset pricing and financial markets, banking and financial intermediation as well as corporate finance. It aims at introducing students to the most recent theories and methods which are necessary for a successful career in the financial sector, public administration, and regulatory agencies. The master’s programme has two special focuses: one on business and one on science.

The master's programme is not only open to those with a bachelor’s degree in business, economics, or a related discipline, but also to applicants with a degree in other fields of study who are interested in finance, particularly to those with a formal science background.

Study Programme

The master's programme in Banking and Finance offers a solid, well-grounded education in the key areas of finance. Students also acquire knowledge in other disciplines of the economic sciences, in related areas, and in research methods.

The programme consists of a general "core programme" and two alternative branches of study labelled "business orientation" and "science orientation". In both branches, students select between specialised courses in different subjects related to the area of finance.

In the "core programme", the following courses are mandatory:

• Basics of Finance
• Decisions under Uncertainty
• Introductory Econometrics
• Core Courses in Financial Asset Pricing, Banking and Financial Intermediation, and Corporate Finance
• Money and Banking
• Game Theory and Information Economics

The specialisation "business orientation" trains students in the fields of modern banking management and corporate finance, preparing them for positions in financial departments of corporations and consulting firms, in controlling, in risk management, in commercial banking and in investment banking.

The specialisation "science orientation" allows students to choose between three different disciplines, i.e. banking, corporate finance, and financial markets. Graduates are prepared for positions in central banks, federal authorities supervising different segments of the financial market, international financial institutions, and research departments of banks. It also enables graduates to continue their studies and to apply for PhD programmes in Finance at highly reputable universities.