• Standard period of study: 3 semester plus 1 semester master thesis
• Campuses: Dortmund, Frankfurt/Main, Munich, Berlin
• Degree: Master of Science (MSc)
• Accreditations: AACSB, FIBAA, German Accreditation Council
• Semester abroad: One compulsory integrated at a partner university abroad
• Practical experience: 12 weeks of compulsory internship, workshops and excursions
• Language: 100 % in English
• Double Degree: Optionally, get a second master's degree from a partner university

As a private university of applied sciences with over 35 years of teaching experience, ISM is one of the top universities in Germany for Master's in Finance and management. The Master in Finance will expand your knowledge in the areas of finance, taxation, accounting, financial law, controlling and financial rating and will train you to become an expert in financial management. This program will sensitize you to current finance-related topics, enabling you to develop a comprehensive understanding of the interrelations between markets.

The small class sizes enable an intensive exchange with lecturers and getting hands-on experience in the field of finance accompanies you during your entire master's of finance program, preparing you optimally for a successful career after your graduation of the Finance master.

The curriculum of the M.Sc. Finance program offers you a wide range of exciting information on the subject of financial management. You will also gain more in-depth knowledge of data-driven subjects such as quantitative finance, financial planning and rating, risk management, investment banking, controlling and auditing.

You will then apply the theoretical knowledge you have acquired in the M.Sc. Finance Master's program via numerous projects that require teamwork to solve real-life problems in corporate financial management and present your results to the class or in front of a company.

Only around 6% of business schools worldwide are AACSB-accredited – an internationally recognized mark of quality for excellence in teaching, research, and social impact.

Internationality is an important component of the Finance Master program. Through the Finance Master's program, you will learn about the regional specifics of the international financial markets and at the same time acquire new soft and language skills.

Although you will study finance in Germany foremost, our Master of Finance also includes a semester abroad at a partner university in Europe or overseas. The program:

• is offered 100% in English language,
• includes an integrated semester abroad and
• gives you the opportunity to earn a second international degree (Double Degree) at one of our over 190 partner universities.

Spending a semester abroad during your postgraduate finance studies is an enriching experience you won't want to miss! Combined with the professionally challenging subject of finance, you will quickly find yourself in sight of recruiters from well-known companies after graduation.

• A semester abroad at a partner university
• International Double Degree option possible
• Graduation in only 3 semesters with Fast Track option

When pursuing a finance master, you also get the unique chance to acquire an international double degree in record time. This means that, in addition to the ISM Master's degree, you are entitled to earn a second Master's degree from one of our international partner universities. So take the chance and earn two master degrees in just two years!

Together with renowned partner universities, ISM provides a high-quality range of courses with specific focus on finance or financial economics, banking and financial services management. The double degree also deepens your linguistic and intercultural skills and expands your personal network through interactions with fellow international students and lecturers. For detailed information, please contact our study advisors.

During the Master's in Finance you will complete the first two semesters at one of our ISM campuses. In addition to specific business management content, you will acquire in-depth specialist knowledge from the global and digital financial sector, such as on investment and asset management, derivatives, financial reporting or block chain and digital assests. We even include a Capstone project.

In the third semester you will study at a foreign partner university of the ISM in order to illuminate the international perspective of the subject.

A practical phase, consulting projects and the practice-oriented Master's thesis in the 4th semester are integrated into the studies. This means that you will receive your degree with 120 ECTS in the fourth semester.

1st Semester

Quantitative Methods

• Financial Mathematics (2 ECTS)
• Statistics (2 ECTS)

Financial Modeling & Investment

• Decisions (2 ECTS)

Investing & Financing

• Asset Management (2 ECTS)
• Capital Market Theory (2 ECTS)
• Corporate Finance (2 ECTS)

Derivatives Theory & Application

• Derivatives: Foundations & Applications (3 ECTS)
• Option Pricing Theory (3 ECTS)

Financial Reporting & Business Law

• International Accounting (2 ECTS)
• International Taxation (2 ECTS)
• International Business Law (2 ECTS)

Leadership Skills

• Corporate Governance & Business Ehtics (2 ECTS)
• Negotiation, Communication & Executive Presentations (2 ECTS)
• Cross-Cultural Leadership (2 ECTS)

2nd Semester

Advanced Reporting

International Financial Reporting (2 ECTS)

ESG & Group Reporting (2 ECTS)

Auditing (2 ECTS)

Regulation, Rating & Risk Management

Financial Market Regulation (2 ECTS)

Rating (2 ECTS)

Financial Risk Management (2 ECTS)

Corporate & Investment Banking

Public & Private Market Transactions (2 ECTS)

Mergers & Acquisitions Case Study (2 ECTS)

Corporate Valuation (2 ECTS)

Frontiers in Finance

• Blockchain & Digital Assets (2 ECTS)
• Applied Data Science in Finance (2 ECTS)
• Capestone Project (2 ECTS)
•  (practical phase I) (6 ECTS)

3rd Semester

• Semester abroad (24 ECTS)

Elective courses depending on ISM partner university and individual specialization.

• Internship possible (practical phase II) (6 ECTS)

4th Semester

• Master's Thesis (30 ECTS)

Additionally, you can receive an international Double Degree from one of our partner universities.

You will spend the third semester abroad at one of our partner universities. The International Office will support you with this. The semester abroad allows you to deepen your subject-specific knowledge. You will also set individual priorities and learn about the intercultural characteristics of your chosen cultural area. At the same time, you will perfect your language skills. Your classes abroad will be 100% credited, so you won't lose any ECTS and time.

Additional options during your studies are:

• Fast Track: If you wish to shorten your studies to only 3 semesters, you can select the Fast Track option, in which you may skip the semester abroad.
• Double Degree: If you would like to receive a Double Degree, we offer this option in collaboration with several partner institutions.

During your Master's in Finance you will spend an integrated semester abroad at a partner university of our 180+ large network (PDF). After two semesters at ISM, you spend the third semester at an ISM partner university. Here you will have the opportunity to develop valuable intercultural skills and apply your soft and language skills intensively, while understanding how financial markets differ from each other. Your performance will be 100% credited, so you won't lose any ECTS and time.

You can choose the university yourself and our International Office (IO) will support you with the application and study abroad planning process.

While pursuing your Finance Master's at ISM you can earn optionally an international double degree. This means that, in addition to ISM's Master degree, you can also work towards receiving a second, internationally recognised Master's degree from a partner university abroad. At some partner universities, earning the Double Degree is even possible as part of the integrated semester abroad. You will receive two Master's degrees in two or two and a half years and make a decisive step for your international career. In addition, the double degree will consolidate your intercultural skills and expand your personal network.

• Curriculum vitae (CV)
• A successfully completed Bachelor's degree (if you have not graduated yet the transcript of records) or
• an equivalent course of study at a university or university of applied sciences or a foreign university of equivalent level, and
• examinations must be at least 30 ECTS points in the field of business sciences.
• Proof of English language skills (if available), equivalent to the B2 level, for eg. TOEFL, IELTS 6.0 or other (only needed if the medium of instruction in your high school/university was not English)

Note: If you have not studied a Bachelor's degree in the economics field or if your quantitative ECTS points are not sufficient, you can qualify yourself for your postgraduate management studies with the ISM Pre-Master (one semester, 30 ECTS points).