Financial Management
Key Facts
Department
Degree
Master of Business Administration (MBA)
Dual Degree:
Option 1: 1.5 year degree Master of International Business
Option 2: 2 year degree Master of Management
both from UniSC Australia
Program Form
Full-time, further education
Program Structure
4 terms (22 months), 120 ECTS
Study Location
Language of Instruction
English
Program Start
summer term (March 15th),
winter term (October 1st)
Admission Requirements
Bachelor’s degree (or higher) and at least 2 years work experience
Accreditation
accredited by the FIBAA and German Accreditation Council until 2030
Tuition Fees
3,900 € per term
Program Brochure
Application
Deadline: January 31st (Summer Term)
Deadline: August 15th (Winter Term)
News and Future Events
Appointment with our student advisor Mihir Sovani, August 2nd
Get to know us! Join an appointment with our student advisor Mihir Sovani (Senior Student) on August 2nd, 16:00 – 18:00 CET. Please register below.
Program Introduction, October 15th, 2025
This event will introduce you to the program, and help you get ready to make the most of your time here.
Rope Garden Teambuilding Event, October 16th, 2025
With subsequent Visit of the City of Würzburg
Graduation and Welcome Ceremony, October 25th, 2025
The Graduation and Welcome Ceremony honors past accomplishments while welcoming new students.
Profile
Our target group are young professionals with proven intellectual vitality and leadership potential.
This makes our MBA unique:
- Specialized MBA with highly international student group
- Integration into German job market via 20-week internship
- Excellent learning environment (1:6 instructor/student ratio)
- Syllabus inclusion of A2 German language certificate (Course objectives fulfill the levels of the Common European Framework of Reference for Languages and exams meet the quality standards of the Goethe certification)
- Bloomberg Lab and Certification
- Low tuition fees and extraordinary services and support
- MBA program Financial Management with the FIBAA premium seal
- Our Elective courses help build your expertise for specific career goals
It is the only English-taught international full-time MBA program in Germany with a dedicated focus on finance . From 2025, the program offers an optional Dual Degree from UniSc Australia – without prolonging your studies! Applications are welcomed from graduates from all disciplines with 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. Our internationally accredited MBA program is designed to promote the knowledge and skills of graduate students seeking leadership responsibilities in the area of Financial Management and to enhance their social, methodological and IT-management competencies.
How did other students experience studying Financial Management at Coburg University? See their ratings on StudyCHECK .
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Mehr InformationenClass 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 international students. For German students, the MBA in Financial Management presents a unique opportunity to benefit from a friendly, cross-cultural, international learning environment .
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Mehr InformationenJob 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.
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Mehr InformationenTestimonials
Anastasia Dalatsi / Greece / Financial Statement Assurance Services, Ernst & Young
“The MBA provided us with a wide range of skills, taught us not only theory but strategic and management skills.”
Narayan Bhusal / Nepal / Treasury Manager, Hillenbrand Inc. (USA)
“The MBA Financial Management at Coburg University helped me to shape my career in finance. Diversity of the program is something that makes it really special and the support from the administration was simply amazing.”
Min Chen / China / Senior Manager Treasury, German Automotive Company
“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 an 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.”
Miryusup Abdullaev / Uzbekistan / Head of Operations, Deutsche Börse Cash Markets
“The applied or practical nature of the program was key to my personal development. It spanned from university professors with rich practical backgrounds, to guest lecturers who were senior-level experts or managers in the industry or who trips to different firms.”
Saud Bin Naumann / Pakistan / Expert Finance, Allianz SE
“The program gave me the perfect head start I needed to start my career – it took me out of my comfort zone and brought out a version of me I never knew existed.”
Anna-Lena Stöpler / Germany / Project Manager, Siemens
“The MBA program in Financial Management gave me a comprehensive insight into the finance world and helped me finding my place there.”
Catalin Petcu / Romania / Director Corporate Banking, SMBC
“Guest lectures from experts in the field, proximity of international world leading German companies and inclusion of a practical semester ensure an up-to-date relevant curriculum. Financial Management remains a very dynamic field, which requires continuous and practical education.”
Prof. Dr. Muhammad Ashfaq / Pakistan / Academic Researcher, IU International University of Applied Sciences
“The MBA FM program prepared me for Finance and Academic career. I really enjoyed diversity on campus and teaching quality is excellent.”
Leonardo Tellez / Venezuela / Functional Controlling Professional, Siemens Smart Infrastructure
“This program opened many doors for my professional development in Germany. It prepared me for what was out there both academically and practically.”
Pavithra Pandiaraj / India / Senior Product Owner, Allianz Technology SE
“Pursuing the MBA in Financial Management from Coburg university was a transformative experience that sharpened my business acumen and strategic thinking. The program gave me a strong foundation in financial analysis, risk management, and leadership — all of which are essential in my current role as a Senior Product Owner at Allianz Technology SE. It not only broadened my perspective but also empowered me to lead with confidence in a dynamic, global environment.“
Elahe Rezaei / Iran / Professional Treasury Officer, European Energy Exchange, Deutsche Börse Group
“The Master’s program provided me with both the theoretical foundation and practical insights I needed to confidently enter the finance industry. The international environment, supportive professors, and hands-on projects prepared me for real-world challenges and helped shape my career path. I’m truly grateful for the experience and the opportunities it opened for me.”
Program Contents
During your studies, you will build your foundation in general and financial management. Electives allow you to specialize 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 into your master thesis.
Base Modules of Financial Management
- Human Resource Management and Organization
- Financial Management Accounting
- International Tax and Legal Systems
- Intercultural Management and Ethics
- Business Strategy and International Marketing
- Information and Communication Systems
Program Structure
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 that meet the quality standards of the Goethe certification A1, the German compulsory module German Intensive Course II concludes with the German exam that meet the quality standards of the Goethe certification A2 of the Common European Framework of Reference (CEFR).
Electives
- Applied Risk Management
- Business Psychology and Negotiation
- Current Topics in International Finance
- Digital Transformation & Innovative Finance
- Econometrics
- European History and Culture
- Finance and Quantitative Modelling
- Financial Derivatives
- Financial Planning and Analysis (FP&A)
- Islamic Finance & Banking
- Issues in Political Science
- Mergers and Acquisitions (M&As)
- Operations Management
- Risk and Insurance Management
- SAP-FI
- Selected Topics in Corporate Finance
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.
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Admission
Admission Requirements
Applicants to the Coburg MBA must have these requirements:
- a 3-year Bachelor’s degree (or equivalent) 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). A Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE) test is recommended for graduates from other academic disciplines such as engineering, medicine, natural sciences or the humanities.
- at last two years of work experience The MBA Program is designed for students who have full-time work experience before matriculation. Work experience includes opportunities in which students have been able to develop their professional and leadership skills. 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.
- Proficiency in English – Applicants must demonstrate their command of English by submitting the results of one of the following tests: TOEFL, IELTS or PTE test results if you attended a non-English undergraduate program. The following are the required minimum scores:
- Test of English as a Foreign Language (TOEFL):
- PB TOEFL 550
- IB TOEFL 80
- International English Language Testing System (IELTS):
- 6,5 or UNIcert® II
- Pearson PTE Academic
- PTE Academic Score 53
- Test of English as a Foreign Language (TOEFL):
The required documents include
- a passport or ID photograph
- a scanned copy of all relevant diplomas, certificates and transcripts of records
- the TOEFL, IELTS or PTE test results
- a scanned copy of your passport
Acceptance and Confirmation
Kindly complete the online application, upload all required documents and send it to us online.
Recommended procedure
Our admissions process entails the following recommended procedure:
- After uploading the required documents for evaluation to https://www.uni-assist.de/en/, the first step is to submit an online application which includes assembling a variety of materials that will help us assess your qualifications and work experience.
- Thereupon you may be invited to participate in an initial selection interview. The selection interview typically takes 15 minutes and is designed to evaluate your suitability, motivation and qualification. The interview may be conducted digitally via Zoom.
- Finally – after completion of steps 1 and 2 – the program director may invite you to a final interview, also conducted via Zoom.
All successful applicants are requested to take note of the Joining Instructions.
Note: After arrival in Germany, applicants must present their original certificates and documents (no copies) to confirm their enrolment in the MBA program.
Brochure MBA Financial Management
Download Program Brochure
Thank you for your interest in our FM brochure.
Choosing the right educational path is an important decision for life. We are happy to support you in the best possible way.
Tuition Fees, Ancillary Costs & Scholarship Opportunities
Tuition fees for the four term program currently comprise 15,600 € in total (3,900 € per term). In addition, students are required to pay an enrollment fee of around 150 € every term.
As an international student at Coburg University, there are plenty of financial aid and scholarship options available to you – so you can focus on your studies, not your finances.
DAAD, the German Academic Exchange Service, offers a range of scholarships for international students wanting to study in Germany before they start their studies – including full scholarships covering all costs.
Several other organizations offer scholarships, too.
For example, the German Education allows one-time payments during the study programs. The German state-owned KfW Bank offers loans for German students. Another provider is Bayhost for students from Eastern Europe. For a useful overview, refer to the CHE Student Loan Test.
Coburg University offers in cooperation with many organizations in Germany financial aid and scholarship opportunities for international students during their studies. More information can be found here: Scholarships or in the FAQs under “Program”.
Gallery
Lecturers
Program Professors of Coburg University
- Prof. Dr. Claus-Burkard Böhnlein , Department of Business and Economics
Management of Projects and Business Simulation | Operations Management - Prof. Dr. Christian Eckert , Department of Business and Economics
Risk and Insurance Management - Prof. Dr. Eduard Gerhardt , Department of Business and Economics
Information and Communication Systems | Management of Projects and Business Simulation | SAP/FI - Prof. Dr. Mirko Kraft , Department of Business and Economics
Risk Management and Insurance - Prof. Dr. Jochen Leidner , Department of Business and Economics
Innovation Management - 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 - Prof. Dr. Thomas Schauerte , Department of Business and Economics
Corporate Finance | Quantitative Methods in Finance | Risk management - Prof. Dr. Felix Weispfenning , Department of Business and Economics
Business Strategy and International Marketing
Guest Lecturers
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- Prof. Dr. Muhammad Ashfaq , IU International University of Applied Sciences, Germany
Digital Transformation and Innovative Finance (DTIF) - Hannelore Bänsch , Hanne Bänsch Consulting and Coaching, Germany
Human Resources, People Management - Dr. Sadrita Deb, Bharathidasan Institute of Management, BHEL, Tiruchirappalli
Investment Valuation - Joachim Fuchs , Deutsche Bank Private and Business Customers AG, Germany
Risk Management - Dr. Apostolos Gerontas , Department of Applied Sciences
Intercultural Management and Ethics - Dr. Christoph Götz , Rödl GmbH, Germany
International Tax and Legal Systems - Prof. Dr. Jürgen Kähler, FAU Erlangen, Germany
Corporate Finance, Econometrics, Financial Derivatives - Philipp Meier, University of Bayreuth, Germany
International Economics - Dr. Eman Mohamed, Cairo University, Egypt
Financial Statistics - Dr. Leandro Navarro, University of Bayreuth, Germany
International Economics - Ralf Otto, ROI GmbH, Germany
Financial and Management Accounting - Dr. Marcel Röser, University of Hohenheim, Germany
Financial and Management Accounting - Dr. V.P. Sriraman, Bharathidasan Institute of Management, BHEL, Tiruchirappalli
Investment Valuation - Wolfgang Strobel, Hauck & Aufhäuser, Germany
Mergers and Acquisitions (M&A) - Prof. Dr. Raymond Vines, Consultant/ Instructor/ Trainer (self-employed), USA
Treasury Management - Prof. Dr. Wolfgang Weiss, Allen & Overy LLP, Germany
International Tax and Legal Systems - Prof. Dr. Reinhard Zintl, University of Bamberg, Germany
Issues in Political Science
- Prof. Dr. Muhammad Ashfaq , IU International University of Applied Sciences, Germany
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. International students are supported by a student tutoring and counselling system. A social and cultural activities program, especially for international students, is organised to support their integration process.
Our International Office provides advice, supports you and resolves organizational issues relating to your studies. More information can be found here: Our support for international students
Coburg University is part of the Code of Conduct. It aims to ensure that students from abroad receive the quality of support and advice needed when studying in Germany. The code defines quality standards for foreigners studying at German universities. Go to the Code of Conduct
