International Programmes 2021/2022

Master's in International Finance and Economics (MSc) Master's in International Finance and Economics (MSc)

Technische Hochschule Nürnberg Georg Simon Ohm • Nürnberg

Degree
Master of Science in International Finance and Economics (MSc)
Teaching language
  • English
Languages

The programme is completely taught in English.

You can choose some electives in German.

Programme duration
3 semesters
Beginning
Winter and summer semester
More information on beginning of studies

Winter semester – 1 October
Summer semester – 15 March

Application deadline
  • For the winter semester, which starts on 1 October: 2 May – 15 June
  • For the summer semester, which starts on 15 March: 15 November – 15 December

Please visit our admissions website.

Tuition fees per semester in EUR
None
Combined Master's degree / PhD programme
No
Joint degree / double degree programme
Yes
Description/content

Our accredited Master's programme is tailored for graduates wishing to obtain a strong specialisation in International Finance and Economics.

The three-semester, full-time, English-language programme provides you with an in-depth understanding of the principles and practices of International Finance and Economics. The programme allows for specialisation by choosing special electives in finance and economics. Furthermore, the programme offers both practical and international experience and prepares students for a wide range of career opportunities.

We are committed to an academic, yet practice-oriented approach. Professors address modern and contemporary global issues and have extensive academic and practical experience.

The style of lectures tends to be participative, and classes frequently incorporate case analyses and discussions. There will also be group work sessions and opportunities for supervised project work, field trips, and company visits as well as individual research. Small classes allow for close personal contacts.

The Master in International Finance and Economics consists of seven mandatory modules, five elective modules, and the Master's thesis.

Mandatory modules:
1. Module: Fundamentals of Financial Management (International Financial Accounting, Intermediate Microeconomics)
2. Module: Corporate Valuation and Value-Based Management
3. Module: International Capital Markets
4. Module: Global Financial Institutions and Investment Banking
5. Module: Applied Quantitative Methods
6. Module: International Economics
7. Module: Applied International Research Project

A specialisation in one of the fields - finance or economics - is possible by selecting respective elective modules. A student can, for instance, choose anywhere from 6 to a maximum of 24 ECTS in finance electives in addition to the compulsory modules. The same is possible for a specialisation in economics. Students also have the chance to spend one semester abroad or earn a double degree.

Please find detailed module descriptions in our module catalogue.

Double degree options:

We offer two double degrees: one with Sapienza University (Italy) and one with Nord University (Norway). Students of THN’s Master in International Finance and Economics (M-IFE) can earn an additional Master’s degree within two years:

  • The Laurea Magistrale in Economics, Management, and Corporate Law (120 ECTS), awarded by Sapienza University
  • The Master of Business with a major in Finance and Investments (MSc, 120 ECTS), awarded by Nord University in Norway
Course organisation

Please find a sample study plan below. (Flexible scheduling is possible.)

Types of assessment

Exams will take place at the end of each semester (written exam and/or scientific paper and/or group presentation).

A Diploma supplement will be issued
Yes
International elements
  • Specialist literature in other languages
  • International comparisons and thematic reference to the international context
  • Study trips
  • Projects with partners in Germany and abroad
  • Integrated study abroad unit(s)
Integrated study abroad unit(s)

Double degree options:

We offer two double degrees: one with Sapienza University (Italy) and one with Nord University (Norway). Students of THN’s Master's in International Finance and Economics (M-IFE) can earn an additional Master’s degree within four semesters:

  • The Laurea Magistrale in Economics, Management, and Corporate Law (120 ECTS), awarded by Sapienza University
  • The Master of Business with a major in Finance and Investments (MSc, 120 ECTS), awarded by Nord University in Norway
Integrated internships

We expect applicants to have relevant practical experience (at least six months) or a relevant internship (at least 20 weeks).

In case an applicant has not yet worked in the field of economics or finance, an internship of 20 weeks will be part of the Master's programme.

Course-specific, integrated German language courses
No
Course-specific, integrated English language courses
No
The course of study can be taken entirely online
No
Digital learning and teaching modules
  • Virtual classrooms
  • Video learning
  • Online seminar
  • Chats with lecturers
Description of e-learning elements

Covid-19 has had an impact on studying and teaching at the Technische Hochschule Nürnberg: Face-to-face classes have been cancelled and replaced by online seminars and lectures through Zoom or Microsoft Teams. To complement our lectures, students can find a lot of relevant learning materials on our Moodle online learning platform.

Participation in the e-learning course elements is compulsory
No
Can ECTS points be acquired by taking the online programmes?
Yes
Can the e-learning elements be taken without signing up for the course of study?
No
Tuition fees per semester in EUR
None
Semester contribution

The semester contribution at Technische Hochschule Nürnberg is currently 127 EUR. This includes the basic ticket for public transport, i.e. free of charge on weekday evenings (Monday to Friday) as well as all day on weekends and on public holidays (VGN Semesterticket). In addition, students may purchase an additional ticket for unlimited use of public transport in the city of Nürnberg and the surrounding VGN area (currently around 207 EUR per semester).

Costs of living

Depending on where you live, around 700 to 1,000 EUR per month (including rent, insurance, food, books, leisure activities, etc.)

Funding opportunities within the university
Yes
Description of the above-mentioned funding opportunities within the university

Please refer to our scholarship website: https://www.th-nuernberg.de/en/study-career/student-funding-information/.

Academic admission requirements
  • An above-average first "Diplom" or Bachelor's degree from a completed business or economics programme (focus on finance/economics)
  • Proof of C1 proficiency in English (IELTS 7.0, TOEFL iBT 100, or similar)
  • German level A1
  • Relevant practical experience in finance/economics

Please refer to our website for details on the admission requirements as well as frequently asked questions. Exceptional rules apply during the Corona situation. Please refer to our website for details.

Language requirements

English – minimum test results (C1 level):

German:

  • Basic knowledge of German: a minimum of 120 hours of classes attended (equivalent to the A1 level of the Goethe Institute)

Please refer to our website for details.

Application deadline
  • For the winter semester, which starts on 1 October: 2 May – 15 June
  • For the summer semester, which starts on 15 March: 15 November – 15 December

Please visit our admissions website.

Submit application to

https://studium.ohmportal.de/

Information on the admission process / requirements: https://www.th-nuernberg.de/en/faculties/bw/study/international-business-bachelors-and-masters-degree-programs/international-finance-and-economics-msc/admission-process/

Possibility of finding part-time employment

Students can, for instance, have a "450 EUR job" or be employed as a working student in one of the companies in the Nuremberg region. It is also possible to work as a student assistant at our university. However, students should make sure that they have enough time to study.

Accommodation

Students can apply for accommodation in student halls of residence, which are close to the university and well-equipped. A limited number of apartments are reserved for our MIFE students each semester – please apply as early as possible for our Master's programme in order to be considered for the housing offer.
Prices for a private apartment are around 200–500 EUR per month.

Career advisory service

The university's career service will help you to prepare for your future career. You can also make use of the numerous workshops offered, e.g. how to write a good CV/cover letter or interview techniques. The career service also provides a job database.

Specific specialist or non-specialist support for international students and doctoral candidates
  • Welcome event
  • Buddy programme
Support programmes for international students

There will be a welcome day for all new Master's students that will include a welcome from our dean, a library introduction, a campus tour, speed networking and a joint lunch. During a separate orientation session, MIFE students will get to know their fellow students and the academic head of the programme as well as receive important course information. Students from higher semesters (buddies) will assist new students in setting up the IT systems or preparing for the semester ahead. The relatively small number of new students each semester allows for close relationships between students, counselling staff, and professors. The International Business Department is happy to answer any questions from students. A special emphasis is placed on the integration of students from abroad. Furthermore, our International Office organises a wide range of intercultural activities each semester, including excursions or evening get-togethers.

Technische Hochschule Nürnberg Georg Simon Ohm

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© TH Nürnberg

Technische Hochschule Nürnberg Georg Simon Ohm (TH Nürnberg) offers a unique combination of theoretical and practical training. Students will benefit from our extensive company network. Our full-time teaching staff have both excellent academic and professional credentials, and our part-time lecturers hold top managerial positions in major international companies.

TH Nürnberg is one of the oldest educational institutions of its kind in Germany. Founded in 1823 under the leadership of the eminent physicist Georg Simon Ohm, our university grew to become one of the largest technical universities in Germany, maintaining academic partnerships with more than 140 universities and institutions of higher education around the globe.

The campus is situated next to the Pegnitz River, in a pleasant green area of Nuremberg, not far from the lively city centre.

Our faculty of Business Administration has about 3,000 full-time students, offers a wide variety of specialised studies, and is equipped with state-of-the-art computer labs and an excellent library system.

13,000 Number of students
3,000 Number of students at the Faculty of Business Administration

University location

Germany plays a major role in European and global business. Management decisions taken here are put into practice all over the world. Situated in Bavaria, in the southern part of Germany, the Nuremberg metropolitan area is home to about 3.5 million people and hosts hundreds of internationally thriving companies, including the headquarters of several multinationals.

The city is a rapidly growing venue for trade fairs, including the world's largest toy fair.

Apart from the popular "Christkindlesmarkt" and its famous "Lebkuchen" (gingerbread), Nuremberg has a lot to offer: a historic castle with a romantic atmosphere, rich cultural life and picturesque surroundings. Car races on the Noris ring and open air festivals are spectacles fit to be seen. People here like to gather in restaurants and pubs: hospitality is more than just a word in Nuremberg.