Master of Science [M.S] (Mathematical Finance and Actuarial Science)
STEM Course
2 years
Full Time
On Campus
Field of Study:
Ranked #22 out of 1374 by THE Global Ranking 2024
€12,000 /Yr
$12,960 /Yr
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Summer Intake | Oct 1, 2024 - Nov 30, 2024 |
| Application Deadline For Winter Intake | Jan 1, 2025 - May 31, 2025 |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $12960 (EUR 12000) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $7128 (EUR 6600) |
| Food | $2592 (EUR 2400) |
| Transportation | $648 (EUR 600) |
| Miscellaneous expenses | $184 (EUR 170) |
| Total Cost | $10552 (EUR 9770) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $12960 (EUR 12000) |
| 2023 | $12960 (EUR 12000) |
Eligibility & Entry Requirement
- Students should have a Bachelor’s degree from a recognized university.
- Applicants with a Degree from Bangladesh, China, India, Iran, or Pakistan will have to submit a GRE (General) Test. Technical University Munich has defined required minimum scores, lower scores will not be accepted. The required scores are:
- Quantitative reasoning: 157
- Analytical writing: 3.5
- Alternatively, students can submit a scorecard of the Indian GATE test (Computer Science, for MSc CSE the Mechanical Engineering Test, will also be accepted). The minimal qualifying score of the respective year is necessary.
-
Applicants with a Degree from Bangladesh, China, India, Iran, or Pakistan will have to submit a GRE (General) Test. Technical University Munich has defined required minimum scores, lower scores will not be accepted!The required scores are:
- The Institution Code: 7806, Department: 5199 ("all other departments").
-
Scores Required
Required Document List
- Degree Certificate and Diploma or Subject and Grade Transcript of Studies to Date
- Transcript of Records
- Proof of English Language Proficiency
- Letter of Motivation (in English)
- Essay (in English)
- Curriculum (e.g. module description)
- Complete and Current Résumé
- Passport
- Preliminary Documentation (VPD) if the qualification for graduate studies (e.g. a bachelor's) is obtained outside the EU/EEA
( #1 out of 24 in Germany 2024)
( #1 out of 21 in Germany 2024)
Do you think the Rankings are wrong ? Report Here
Course Guides
Masters in Engineering in Germany: Fees 2024, Top Colleges, Placements & Salaries
Masters of Finance in Germany: Top Universities, Eligibility, Scholarships & Job Opportunities
MS in Germany: MS in Germany: Deadlines, Fees, Scholarships, Jobs
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| British Council IELTS Award 2023 | Scholarship per student$ 14,091/Yr$13,047 | Level Of StudyBachelor | TypeMerit-Based | |
| Kurt Hansen Science Scholarship | Scholarship per student$ 10,800/Yr$10,000 | Level Of StudyDoctorate | TypeNeed-Based | |
| Kaad Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Heinrich Boll Scholarships | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeCompany-Sponsored | |
| Konrad-Adenauer-Stiftung Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based |
Similar Colleges
RWTH Aachen University
Aachen, North Rhine-Westphalia
University of Augsburg
Augsburg, Bavaria
University of Bayreuth
Bayreuth, Bavaria
Free University of Berlin
Berlin, Berlin
Humboldt University of Berlin
Berlin, Berlin
Technical University Berlin
Berlin, Berlin
Bielefeld University
Bielefeld, North Rhine-Westphalia
Ruhr University Bochum
Bochum, North Rhine-Westphalia
.png?h=45&w=45&mode=crop)
University of Bonn
Bonn, North Rhine-Westphalia
Videos
Photos
interested in this College ?
Follow & Share this college to get information about admission.
Colleges in Bavaria, Germany
University of AugsburgAugsburg, Bavaria
- University of Bayreuth
Bayreuth, Bavaria
- University of Erlangen-Nuremberg
Erlangen, Bavaria
- European Business School
Munich, Bavaria
Important Dates
| Program | Important Dates |
|---|---|
| M.Sc. Computational Science and Engineering | Application Deadline For Winter Intake (31st May 2025) |
| M.I.M Management | Application Deadline for Winter Intake (31st May 2024) |
| M.B.A Business and IT | Fall Application Deadline (1st Mar 2023) |
| B.S Electrical Engineering and Information Technology | Application Deadline For Winter Intake (15th Jul 2025) |
| M.S Software Engineering | Application for winter term 2023/2024 (1st May 2023) |
| M.Sc. Automotive Engineering | Application Deadline For Summer Intake (31st Dec 2024) Application Deadline For Winter Intake (31st May 2025) |
Students also visited
- M.B.A, $787.32/Yr Avg FeesRWTH Aachen University
Aachen, North Rhine-Westphalia
- University of Augsburg
Augsburg, Bavaria
- University of Bayreuth
Bayreuth, Bavaria
- Free University of Berlin
Berlin, Berlin
- B.C.S, $172.8/Yr Avg FeesHumboldt University of Berlin
Berlin, Berlin
- B.C.S, $322.92/Yr Avg FeesTechnical University Berlin
Berlin, Berlin
- University of Bonn
Bonn, North Rhine-Westphalia
- M.S, $3.87K/Yr Avg FeesHeidelberg University
Heidelberg, Baden-Wurttemberg
- Technical University Dortmund
Dortmund, North Rhine-Westphalia
- University of Stuttgart
Stuttgart, Baden-Wurttemberg
- University of Mannheim
Mannheim, Baden-Wurttemberg
.png?h=40&w=40&mode=crop)
Comments
21 Comments
The Technical University Munich (TUM) accepts both the Goethe Zertifikat B1 and the DSH exam as proof of German language proficiency for their programs.
Hello. Is GMAT required to apply for Finance and Information Management? (My previous field of study was finance)
For applicants from India, China, Pakistan, Egypt, and Bangladesh, the GMAT is required with a minimum score of 640 or a percentile ranking of at least 64.8% on the GMAT Focus edition. However, you can explore the TUM courses to learn more about the curriculum, fees, and other details.