M.S in Quantitative Finance from University of Kiel 2025 Entry: Fees, Eligibility, Entry Requirements, Admission Deadlines & Scholarships

M.S in Quantitative Finance from University of Kiel – Overview

The M.Sc. in Quantitative Finance from Kiel University is a 2-year graduate program offered by the Faculty of Business, Economics and Social Sciences. It is designed to provide students with advanced theoretical and practical knowledge in finance, mathematics, statistics, and computational methods. In the first year, students complete core modules focusing on topics such as mathematical finance, computational finance, advanced statistics, econometrics, financial economics, and corporate finance. The second year emphasizes specialization through elective modules, which may include risk management, derivatives, fixed income securities, portfolio management, advanced econometrics, stochastic calculus, and financial engineering. The program culminates in a Master’s thesis, allowing students to conduct independent research in a specialized area of quantitative finance. Admission requires a relevant bachelor's degree with strong quantitative background, and applicants must apply for the winter semester intake. International students must demonstrate English language proficiency through IELTS, TOEFL iBT, or equivalent tests. Available scholarships for international students include the DAAD Scholarship (EPOS or STIBET), which offers up to €992 per month plus additional benefits, the Kiel University Faculty Scholarships (ranging from €300–€800 per month), and the Germany Scholarship (€300 per month).

M.S in Quantitative Finance from University of Kiel – Fees

The annual cost of pursuing the M.S. in Quantitative Finance at the University of Kiel is approximately €12,288. This includes no tuition fee, a semester fee of €538 (i.e., €269 per semester), and estimated living expenses of around €11,750. These living expenses cover room rent, food, transportation, books and supplies, other fees, and health insurance, and also include a one-time registration fee of €55. The university does not charge any tuition fees—only the semester fee is required.

M.S in Quantitative Finance from University of Kiel – Dates

Applications for the M.S. in Quantitative Finance at the University of Kiel are accepted only for the Winter Semester, with the deadline of 15 July 2025 for Winter 2025 Intake.

M.S in Quantitative Finance from University of Kiel – Modules

The M.S in Quantitative Finance follows the following module structure: