Financial Management

Key Facts

Master program:
Financial Management
Degree:
Master of Business Administration (MBA)
Program structure:
4 terms (22 months), full-time
Credit Points:
120 ECTS
Accreditation:
International FIBAA accreditation until 2022
Language of instruction:
English
Tuition Fees:
2,350 Euro per term
Admission Requirements:
Bachelor’s degree (or higher) and at least 2 years work experience
Program start:
winter term (October 1st)
Application:
Deadline: August 15th (EU nationals); July 15th (non-EU nationals)
 

Profile

Target group

Our MBA program Financial Management is designed to enhance the knowledge and skills of graduate students seeking leadership responsibilities in the area of finance and to improve their social and methodological competencies. They strive for an internationally recognized degree and a managerial position in finance or business. Graduates from all disciplines can enroll to the MBA program Financial Management after having acquired at least 2 years relevant work experience.

If you are interested in general management and finance, have an entrepreneurial spirit, are globally-minded and ambitious, our MBA program Financial Management could be just right for you. You will promote your knowledge and skills in the area of finance, management accounting, business strategy and decision-making techniques, including social competencies and information management tools necessary for effective management.

Class Profile

Financial Management students have an international outlook and are driven by determination, resilience and creativity. Currently, around 60 post-graduate students from 27 countries are enrolled.

The program is internationally-oriented and especially geared to the requirements of foreign students. For German students, the MBA program Financial Management presents a unique opportunity to profit from a friendly, cross-cultural, international learning environment.

 

class profile of mba financial management: 25 students per semester, 29 age in years, 3 years of work experience, 96 percent international students, 33 percent female students, 67 percent male students

*average values of classes of 2015 - 2017

Job Perspectives

The vast majority of graduates remain in Germany after completing their studies in Coburg. Often they are employed by international corporations.

Generally, graduates find it easy to procure a professional position in their areas of choice, primarily: Finance and Banking, Management Accounting, Treasury, Business Strategy, Consulting. Initial assignments typically are: Finance Director, Financial Controller, Corporate Treasurer, Financial Analyst, SAP Consultant, FX Manager or Risk Analyst.

Recently our graduates have successfully launched their post-MBA careers at companies such as adidas, Allianz, Bosch, BMW, Brose, Commerzbank, Continental, Daimler, Deutsche Bank, Deutsche Börse, Deutsche Bundesbank, E.ON, Henkel, Knorr-Bremse, KPMG, Linde, Metro, Opel, Schaeffler, SAP, Siemens and Volkswagen.

 

80 percent of the financial management graduates find their first position in Germany; 46 percent start their career in Finance; 29 percent find a job in the Automotive industry

Testimonials

Min Chen

"The study in Coburg gave me a further knowledge extension in Finance area, which is very practical and useful in the later working environment. The study offered the opportunity of internship which opened the door for me to work in a reputable German Company. The colleagues and professors I met in our program were also very nice and warm-hearted. In addition I was very impressed by the strong and organized administrative support we received as a student. Last but not least, the strong support of German language program was very intensive for us to integrate into the German life."

Min Chen, Senior Manager Treasury, German Automotive Company (Graduate, Class of 2006)

Sue Bingqing

"The two year study was extremely helpful for my carrier growth. What I studied in the program applied in my daily work in the past 13 years. As well as the social and diversity of the program help me to be more adaptable in my life. It was a great two-year experience providing a life long benefit."

Sun Bingqing, Greater China Commercial Contract Director at Kantar, WPP (Graduate, Class of 2006)

Program Contents

During your studies you will build your foundation in general and financial management. Electives allow you to specialise in areas of particular interest and thereby to develop expertise with your career ambitions in mind.

Integrated German language classes allow you to exploit the most attractive opportunities for your internship. After the practical semester you will be well equipped to combine your theoretical and practical knowledge in your master thesis.

Base Modules of Financial Management

  • Human Resource Management and Leadership
  • Financial Management Accounting
  • International Tax and Legal Systems
  • Intercultural Management and Ethics
  • Business Strategy and International Marketing
  • Information and Communication Systems

Core Modules of Financial Management

  • International Economics
  • Corporate Finance
  • Financial Markets and Institutions
  • Treasury Management
  • Risk Management

German Language Courses

German language classes are offered at various levels of proficiency and are free of charge to enrolled students of the MBA program Financial Management. Our introductory courses are integrated into the curriculum and do not require any previous German language skills.

Students complete a placement test for German and / or provide a relevant language certificate. The compulsory language module German Intensive Course I concludes with the German exam Goethe-Zertifikat A1, the German compulsory module German Intensive Course II concludes with the German exam Goethe-Zertifikat A2 of the Common European Framework of Reference (CEFR).

Practical Semester

We believe that academic education at Coburg University is not limited to a classroom environment, but also happens off campus. Hence, we expose and connect our students to the real world on a variety of levels.

For this objective, our MBA students participate in:

  • a 20-week internship at a German company
  • firm outings and cultural study trips linked to specific coursework, giving them the opportunity to visit a number of iconic cities and experience German culture and history
  • an academic excursion led by staff and faculty, in which we explore the business, political and cultural facets of large German cities or the capital cities of our neighbours

The internship, field trips and academic excursion bridge theory and practice. They form an integral part of the curriculum. We consider these activities key to enhance students’ networking abilities and stimulate their integration in Germany, whilst facilitating contact with future employers. Invariably they are memorable experiences.

Master Thesis

In the last semester students focus on the master’s thesis. Many students choose to conduct research on an innovative theme in one of their courses, while others prefer a topic relating to their tasks at their internship.

Admission

Admission Requirements

  • Applicants are required to have a Bachelor’s degree or higher preferably in the field of Business Administration, Commerce or Economics (min. grade of 2,5 on the German scale or a 2.5 GPA on a four-point scale).
    An entrance qualification such as the Graduate Management Admission Test (GMAT) is recommended for graduates from other academic disciplines such as engineering, natural sciences or the humanities.

  • Furthermore, work experience of a minimum of 2 years is required. Applicants with a non-business degree must have at least 1 year practical experience (out of a minimum of 2 years) in the field of commerce.

  • All applicants must demonstrate sufficient proficiency in English by submitting the results of one of the following tests. For applicants who have not obtained a waiver, the following are the required minimum scores:
    Test of English as a Foreign Language (TOEFL)

    • PB TOEFL 550
    • CB TOEFL 213
    • IB TOEFL 80

    International English Language Testing System (IELTS)

    • 6,5 or UNIcert® II

  • Documents need to be uploaded to www.uni-assist.de for evaluation. We cover uni-assist handling costs for successful applicants. These costs will be reimbursed after enrolment.

  • Applicants must also successfully participate in the selection process, which includes an interview. The selection interview will last 10-15 minutes and is designed to assess the suitability, motivation and qualification of the applicant. The interview with applicants from abroad may be conducted by telephone or via Skype.

Application

Kindly complete the online application, upload all required documents and send it to us online.

Required Documents

  • Passport or ID photograph
  • Scanned copy of all relevant diplomas and certificates
  • Scanned copy of transcripts of records
  • TOEFL/IELTS or UNICERT II (institution code number for TOEFL is 7450)
  • Scanned copy of passport
  • GMAT Scores are recommended (institution code number for GMAT is 7450)

After arrival in Germany, applicants must present their original certificates and documents (no copies) to confirm their enrolment in the MBA program.

Acceptance and Confirmation

Applications are reviewed on an on-going basis throughout the academic year. Candidates will generally be given notification on the status of their application within 2 weeks. Once accepted, students have 1 month to confirm their place.

Lecturers

Program Director

Lecturers of Coburg University

  • Prof. Dr. Claus-Burkard Böhnlein, Department of Business and Economics
    Management of Projects and Business Simulation | Operations Management
  • Prof. Dr. Eduard Gerhardt, Department of Business and Economics
    Information and Communication Systems | Management of Projects and Business Simulation | SAP/FI
  • Dr. Apostolos Gerontas, Department of Applied Sciences
    Intercultural Management and Ethics
  • Prof. Dr. Roland Hertrich, Department of Business and Economics
    Selected Topics in Corporate Finance | Value Management in Marketing
  • Prof. Dr. Mirko Kraft, Department of Business and Economics
    Risk Management and Insurance
  • Prof. Dr. Victor J. Randall, Department of Business and Economics
    Applied Risk Management | Financial Markets and Institutions | Project Placement and Coaching Seminar | Master Thesis Seminar
  • Jana Rosenbusch, Department of Business and Economics
    Human Resource Management and Leadership
  • Prof. Dr. Thomas Schauerte, Department of Business and Economics
    Quantitative Methods in Finance | Risk Management
  • Prof. Dr. Milena Valeva, Academic centre for sciences, culture and humanities
    Introduction to Islamic Finance and Banking
  • Prof. Dr. Felix Weispfenning, Department of Business and Economics
    Business Strategy and International Marketing

Guest Lecturers

  • Mitchell Alexander, Hogeschool Utrecht, Netherlands
    Intercultural Management and Ethics
  • Dr. Muhammad Ashfaq, Rhine-Waal University, Germany
    Introduction to Islamic Finance and Banking
  • Randall Bolten, Lucidity, USA
    Financial Planning and Analysis (FP&A)
  • Joachim Fuchs, Deutsche Bank Privat- und Geschäftskunden AG, Germany
    Risk Management
  • Dr. Christoph Götz, Oppenhoff & Rädler AG, Germany
    International Tax and Legal Systems
  • Felicitas Hoppe, Sapere Aude, Germany
    Financial Management Accounting
  • Markus Leue, Vodafone, Germany
    Financial Engineering
  • Prof. Dr. Dubos J. Masson, Indiana University, USA
    Treasury Management
  • Philipp Morscheck, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Germany
    Corporate Finance
  • Ralf Otto, ROI GmbH, Germany   
    Financial Management Accounting
  • Alba Patozi, University of Cambridge, UK
    International Economics
  • Dr. Tobias Schuler, ifo Institut, Germany
    Current Topics in International Finance
  • Wolfgang Strobel, Hauck & Aufhäuser, Germany
    Mergers and Acquisitions (M&A)
  • Prof. Dr. Jeffrey M. Thompson, Attorney at Law, USA
    International Tax and Legal Systems
  • Prof. Dr. Reinhard Zintl, University of Bamberg, Germany
    Issues in Political Science

Tuition Fees & Scholarship

female financial management student during class

Tuition fees for the four term program currently comprise 9,400 € in total (2,350 € per Term). In addition, students are required to pay an enrollment fee of around 100 € every term.

Coburg University does not offer scholarships for MBA students, but there are many organizations in Germany which provide scholarships for students from abroad. More information about German scholarships can be found on the website of the German Academic Exchange Service (DAAD): www.daad.de

Please approach us directly if you have questions about financing and funding options. Expenses arising from further education may be tax deductible. Kindly seek advice from a tax consultant.

Support for International Students

Unlike at larger universities throughout the world, you will not need binoculars in order to see your professor at Coburg University of Applied Sciences and Arts. Foreign students are supported by a student tutoring and counselling system. A social and cultural activities program especially for foreign students is organised to support their integration process.

Our International Office provides advice and support for international students and resolves organizational issues relating to their studies. More information can be found here: Our support for international students

Contact us

Student Ambassadors

We all study in the current MBA class and will answer your questions from our own experience. So if you want to know, how life feels in Coburg, how to solve visa issues and what's actually in the master program Financial Management, just drop an email.

students ambassadors - in the background a green landscape and the Veste Coburg.
From left to right: Shilpa Pandeshwar, Mohamed Abouelenin, Mellissa Watts, Thi Ngoc Huyen Nguyen

More information

Are you interested in further information about our master program Financial Management? You can send us a short message.

News

Well dressed for graduation

The graduates of the MBA program Financial Management at Coburg University celebrated a festive farewell ceremony...Continue reading

Studies in Brussels

Recently students from the MBA program Financial Management visited Brussels to discuss strategic issues in European politics...Continue reading

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