Finance and Information Management (FIM) Technical University of Munich

University of Bayreuth

English

The Master's Programme in Finance and Information Management (FIM) offers a unique blend of quantitative and qualitative education, preparing graduates for leadership roles in today's fast-moving, hyperconnected digital economy. The four core areas – Computational Analytics, Quantitative Finance, Information Management, and Financial Management – develop financial as well as digital expertise covering technical, quantitative, and managerial aspects in both areas and offer the opportunity to delve as deeply into any of the four areas as one would in a specialised Master's degree. The emphasis on excellence in research and strong practical relevance ensures that students are not only well-versed in theory but also equipped to solve real-world challenges.

The additionally offered Certificate of Research, Leadership, and Social Responsibility provides opportunities that are offered by only a few programmes worldwide: academic and professional one-on-one guidance from a distinguished professor and an esteemed member of the FIM corporate partners that help you discover your unique path to personal success; insights into top companies in today's economy; an active network of more than 20 years of alumni in top positions in today's society; the chance to engage in a social project that allows you to give back to society and teaches modesty; as a culmination, a supervised Research Project with the possibility of publishing your results in the academic community.

The interdisciplinary approach of the FIM programme, the accompanying Certificate of Research, Leadership, and Social Responsibility, and the network around the programme prepare the talent of today for a leading role in academia or industry tomorrow in a highly innovative and impactful way. We welcome students with strong quantitative skills with a background in Economics, Industrial Engineering, Business & Information Systems Engineering, Information Systems, Computer Science, Mathematics including Financial and Business Mathematics, Statistics, or related study fields.

Start of winter semester: October

The application period runs from 1 January to 31 May every year (national and international applicants).

If you did not obtain your first degree (usually a Bachelor’s degree) in Germany, you have to apply via uni-assist in addition to TUMonline. Please also apply via TUMonline starting 1 January.

For more information on tuition fees, please check this website.

The first two semesters focus on:

• Relevant fundamentals of finance and strategic financial management
• Potentials and opportunities through digitalisation, business analytics, machine learning, and digital innovation & transformation
• Mathematical, stochastic, and econometric knowledge for modelling financial management problems
• Understanding of the mutual economic dependencies between financial markets and the behaviour of market players, as well as the importance of digitalisation and data science in this area

In the third semester, the focus is on courses in the elective areas "Quantitative Finance", "Financial Management", "Information Management", and "Computational Analytics".

The programme is completed with the Master's thesis in the fourth semester.

6,000 EUR

For more information on tuition fees, please check this website.

All students are required to pay the student union fees for each semester they are enrolled. For details and further information on fees and financial aid please find more information here.

In order to cover personal expenses while studying in Munich, we recommend that students budget approximately 1,200 EUR per month for accommodation, living, health insurance, books and miscellaneous expenses. Check our website for information on living in Munich.

• Hold a Bachelor’s degree (requiring at least six semesters of study) or equivalent in economics, industrial engineering, information systems, mathematics including financial and business mathematics, statistics or another related study field
• Have successfully completed modules worth at least five ECTS in scientific writing in the context of a Bachelor's thesis, a project, a scientific paper or a comparable paper
• In addition, a GMAT (classic/focus) with at least 65% percentile ranking is required if you received your first degree (usually a Bachelor’s degree) in China, Egypt, India, Pakistan, or Bangladesh.

Applicants must also be able to prove that they are proficient in the English language at the time of application. In addition to accepted English language proficiency certificates for TUM study programmes, applicants can prove their English language knowledge with a previous university degree from a programme that was taught and assessed in English entirely or at least 12 ECTS thereof, including the final thesis.

Please note that it is not necessary to prove any knowledge in the German language at the time of application. However, as a foreign student, you are required to provide proof of basic German language proficiency (comparable to A1 level) by the end of the second semester.

The application period runs from 1 January to 31 May every year (national and international applicants).

If you did not obtain your first degree (usually a Bachelor’s degree) in Germany, you have to apply via uni-assist in addition to TUMonline. Please also apply via TUMonline starting 1 January.

We want students of our Master’s programme to be able to concentrate on their studies. Therefore, the TUM Management Alumni e.V. and the TUM Fördergesellschaft Controlling e.V. created a special scholarship programme, in cooperation with the FIM’s corporate partners, to offer monthly financial assistance. Any student who applies for this study programme also has the opportunity to apply for this scholarship.

Please note: scholarship funds are limited. For more information and to apply for the scholarship, please click here.

For information on BAföG please refer to the relevant website of the Federal Ministry for Education and Research or contact the local Student Union.

It’s not easy to find a place to live in Munich – but it’s not impossible either! TUM supports students and staff in their search for accommodation by providing personal advice, listings for housing and useful information to ensure that you can quickly find a place to call your own. Please find more information on our website.

TUM School of Management wants all of its students to enjoy successful and fulfilling careers. Preparation for this starts in the first semester. We offer a range of support services to help students along this path. The following is a list of some examples:

• An online job board, which provides details of current openings at companies – full-time jobs as well as internships, working student jobs, project studies, student assistant jobs at the faculty/school, or other part-time jobs (known of as "minijobs" in Germany)
• Frequent career events with TUM School of Management's corporate partner companies, during which students can get in touch with Germany's leading employers
• Career coaches that may provide useful hints and advice on applying for jobs in Germany

TUM School of Management is part of the Technical University of Munich (TUM). TUM is one of Europe’s leading research universities, with around 600 professors, 48,000 students, and 11,000 academic and non-academic staff. The focus areas of TUM are engineering sciences, natural sciences, life sciences and medicine, combined with social sciences and economics.

TUM was one of the first universities in Germany to be awarded the title “University of Excellence”. It is represented worldwide with the TUM Asia campus in Singapore as well as offices in Beijing, Brussels, Cairo, Mumbai, San Francisco, and São Paulo.

TUM School of Management, firmly rooted within the TUM’s technological and entrepreneurial ecosystem, places a unique focus on the interface between management, engineering and the natural and life sciences. The school’s goal is to bridge the traditional gap between the fields of management and technology and sees its role in educating the leaders and decision-makers of tomorrow. Like TUM, it is committed to excellence. Since its foundation two decades ago, it has been consistently ranked as one of the top business schools in Germany and beyond.

TUM School of Management belongs to the top one percent of business schools worldwide that hold Triple Crown accreditation by the Association of MBAs (AMBA), the European Foundation for Management Development (EQUIS) and the Association to Advance Collegiate Schools of Business (AACSB). Triple Crown accreditation is internationally recognised as a seal of quality for business schools.

Multiple locations, more possibilities

TUM School of Management operates in five distinct locations, each of them carefully chosen for the possibilities that they offer to interact with other disciplines and the corporate world.

Besides our original Munich and Weihenstephan campuses, we also offer research and teaching in Heilbronn, Straubing, and Garching. At each of these sites, we cooperate with regional actors, pooling our strengths to offer world-class conditions for study, research and entrepreneurship.