MBA Financial Management Coburg University of Applied Sciences and Arts

Optional dual degrees:

Master of International Business from UniSC Australia

Master of Management from UniSC Australia

Dual MBA degree from MRIIRS India

English
German language instruction is integrated in the curriculum.

Unlock your finance career with Coburg University’s specialised MBA in Financial Management. Located in Bavaria, Germany, our two‑year, 120 ECTS programme is designed for ambitious professionals who want to master both management and finance in an international setting. This fully English-taught, full-time programme brings together experienced students from all over the world (80 countries). Of course, all of our German students also profit from the friendly, cross-cultural and international atmosphere.

Why choose Coburg?

• CFO‑level skills: Build expertise across corporate finance, financial markets, treasury and risk management, financial accounting and more.
• Real‑world experience: Dive into hands‑on projects and a 20‑week internship with top German companies; many students receive job offers before they graduate.
• State‑of‑the‑art resources: Learn in our Bloomberg Lab, earn Bloomberg Certification and access cutting‑edge data tools.
• Global outlook: Study entirely in English alongside a diverse cohort and expand your network in Germany’s financial sector.
• Top accreditation: Our MBA carries the FIBAA premium seal and is accredited by the German Accreditation Council through 2030.

What’s more: 85 % of our graduates stay and build their careers in Germany. You can even add optional dual degrees from the UniSc (Australia) or MRIIRS (India) without extending your studies. The programme aims to enable our financial management graduates to ultimately hold a CFO position.

Our Target Group

Young professionals with proven intellectual vitality and leadership potential.

This makes our MBA unique

• Specialised MBA with a highly international student group
• Integration into the German job market via a 20-week Internship
• Excellent learning environment (1:6 instructor/student-ratio)
• Syllabus inclusion of A2 German language Goethe certificate
• Bloomberg Lab and Certification
• Competitive tuition fees and extraordinary services and support
• MBA programme with the FIBAA premium seal
• Our elective courses help build your expertise for specific career goals.

Specialities of the MBA programme

The traditional orientation week for our "freshers" is rounded off with a team-building event. Further highlights are field trips to famous German companies and the multi-day academic excursion to a European financial centre that bridges theory with practice. The activities invariably promote our students' networking skills and integration into the German job market, and they ultimately connect our graduates with future employers. For more information, please consult our website, flyer or take a look at our brochure.

Winter semester:

• 15 August

Summer semester:

• 31 January

Tuition fees for the four-semester programme currently amount to 15,600 EUR in total.

The MBA Financial Management programme is divided into four semesters and consists of five pillars:

• Base modules in general management and core modules in financial management
• A selection of elective modules on current topics
• German Intensive Courses I and II
• Application & transfer modules: Business Simulation and Internship & Placement Seminar
• The Master's thesis

The programme has six base modules that cover mainstream topics of general management:

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

Five core modules form the specialisation in financial management:

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

Electives allow students to specialise in areas of particular interest and thereby to develop expertise with career ambitions in mind. In order to allow a special focus, students select four modules. 

• AI Applications in Finance
• Applied Risk Management
• Code and Capital (with Python)
• Crypto Currencies and Blockchain
• Current Topics in International Finance
• Digital Transformation & Innovative Finance
• Econometrics
• European History and Culture
• Financial Derivatives
• Financial Statistics
• Financial Planning and Analysis (FP&A)
• Introduction to Islamic Finance & Banking
• Investment Valuation (Bloomberg Applications)
• Issues in Political Science
• Mergers and Acquisitions (M&As)
• Operations Management
• Quantitative Methods in Finance
• Risk and Insurance Management
• SAP-FI
• Sustainable Finance

Core and base modules are credited with five ECTS. Electives are credited with three ECTS.

In the first two semesters, foreign students take German language classes, so they are able to communicate confidently after one year. German natives are able to enrol in French, Spanish or other language classes.

In the third semester, students complete a five-month internship at an index-listed company in Europe/Germany (member of Euro Stoxx, DAX30, M-DAX, S-DAX or TecDAX).

The application and transfer courses are as follows:

• Management of Projects and Business Simulation
• Project Placement & Coaching

These courses ensure a smooth transition between theory and practice, and they are enhanced by the internship, field trips, and academic excursions.

Having successfully participated in the requisite modules, you will be able to focus on your Master's thesis in the fourth semester. 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 company. The time allocated for the Master's thesis is four months.

An internship at a German company (no work permit required) is an integral part of the study programme and is scheduled for the third semester. During the internship, students have the opportunity to apply the theoretical knowledge and skills obtained in the programme as well as to become familiar with German business customs. The internship lasts 20 weeks. German students who have never studied or worked abroad are encouraged to do the internship abroad.

The programme has developed a large internship database, and substantial contact data will be provided upon request.

Internship Workshop

As part of our programme, each year we invite top companies such as BMW, Adidas and EY, along with leading banks, healthcare and insurance companies to give students the opportunity to complete their dream internship and gain insight into their internship opportunities. Students will learn how to craft their resumes and cover letters to highlight the specific skills and experience sought by the various companies. The workshop offers students the opportunity to connect with former employees of various financial services companies and gain mentorship.

By combining practical skills development with real industry knowledge, this workshop empowers our students to move confidently through their application process.

3,900 EUR

Tuition fees for the four-semester programme currently amount to 15,600 EUR in total.

Enrolment fee: approx. 150 EUR per semester

We recommend budgeting at least 800 EUR per month for general living expenses. This includes the costs for accommodation, travel and food, clothing, learning material, health insurance, mobile phone, and expenses for recreational activities.

Applicants to the Coburg MBA must have these requirements:

• A three-year Bachelor's degree (or equivalent) is required, preferably in the field of Business Administration, Commerce or Economics (min. grade of 2.5 on the German scale or a 2.5 grade point average 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 programme 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 one year practical experience (out of a minimum of two years) in the field of commerce. 
• Proficiency in English: Applicants must demonstrate their command of English (details see below).

Application Process

Required Documents

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

Applications are reviewed on an ongoing basis throughout the academic year. Candidates will generally be given notification on the status of their application within two weeks. Once accepted, students have one month to confirm their places.

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

We have a three-step admissions process:

1. After uploading the required documents for evaluation to www.uni-assist.de, the first step is to submit an online application, which includes assembling a variety of materials that will help us assess your qualifications.
2. Thereupon you are 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 by telephone or Teams.
3. Finally, after the completion of steps one and two, the programme director may invite you to a final interview, also conducted by telephone or Teams. 

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

Applicants must demonstrate their command of English by submitting the results of one of the following tests: TOEFL, IELTS or PTE. This only applies if you attended a non-English undergraduate programme.

The following are the required minimum scores:

• Test of English as a Foreign Language (TOEFL):
  • PB 550
  • iBT 80
• International English Language Testing System (IELTS):
  • 6.5 or UNIcert® II
• Pearson PTE Academic
  • PTE Academic Score 53

To obtain information about these tests, see: www.toefl.org. or www.ielts.org or www.pearsonpte.com.

Winter semester:

• 15 August

Summer semester:

• 31 January

Limited opportunities exist for talented students with excellent grades. More detailed information can be found here:

• DAAD scholarships: The German Academic Exchange Service (DAAD) offers a variety of scholarships for different target groups. Students can apply for selected scholarships before they commence their studies.
• Several other organisations offer scholarships, too.

There are job opportunities in the city of Coburg. However, please be aware that this is a full-time programme and that the schedule is structured accordingly.

The integrated internship in the third semester is usually financially compensated.

Students who exhibit competitive academic performance may serve as tutors/teaching assistants in our programme.

We provide on-campus housing facilities for our incoming students from abroad. Five modern student residences with around 500 apartments with kitchens and bathrooms are available on the main campus. The rent is around 200-350 EUR per month. The room rate includes free Internet access.

You can find more information about the student residences in Coburg on the website of "Studentenwerk Oberfranken".

For information on private housing, see: http://www.studenten-wg.de.

Coburg University offers an English-speaking career counselling service that supports all international students with individual coaching sessions, CV advice and general lectures on graduate student career matters. As all students in the programme have to do a mandatory internship, our close relations to local and national employers are a big advantage for our international students.

Federal Employment Agency

As part of a cooperation with the Federal Employment Agency, we offer students the opportunity to check their application documents.

• Foundation: 1814
• State university financed by the Bavarian State Ministry of Education, Science and the Arts

The special character of our university

• practice-oriented teaching and research as well as a strong practical bias
• lab and field work, simulation games, project-centred education and field trips
• the faculty's wide range of practical experience
• medium-sized university, safe and familiar environment
• extraordinary service and support
• the small size of classes, which enables students to receive individual attention

By 2021, the Free State of Bavaria had invested a total of 65 million EUR in the expansion of the main campus.

The 41,000 residents of Coburg are proud of their city and their university. They take part in the cultural and social life of the city. Given Coburg's architectural and scenic beauty, the fact that it has the second highest density of industry in Europe is surprising. There is a large number of medium-sized engineering companies and automotive suppliers as well as a lively creative scene. Additionally, Germany's largest car insurer has its headquarters in Coburg. The future has already begun in Coburg. The professors and the students of Coburg University of Applied Sciences and Arts are a part of this accomplishment.

The city of Coburg is an ideal location for students who wish to combine quality of life with a high learning quality. Charming café-lined squares characterise the town centre. There are four castles in Coburg within a small radius. Visible from afar, the fortress proudly stands high above Coburg. Because of its dominant position, its size, and its historical significance, Veste Coburg is often referred to as "The crown of Franconia." The medieval complex in a unique park landscape is one of the most beautiful and best preserved castles in Germany. Ehrenburg Castle in Coburg's town centre is considered to have been an important place for German nobility. The dukes resided there for almost four centuries. In Callenberg Castle, you can see how the dukes of the 19th century lived. The British Queen Victoria, who was married to Coburg's Prince Albert, once said of Rosenau Castle, "If I were not who I am, I would have my real home here."
The cultural diversity of Coburg is a hallmark of the city. Students are offered a wide variety of recreational, sporting and cultural activities during their studies in Coburg. With its location in central Germany, major cities are easily reachable by train, bus or car.