International Finance (M.Sc.)

Below is a list of the programme modules. Detailed descriptions can be found in the module handbook in the Downloads section.

First semester modules taking place in Nürtingen (winter semester):

Second semester modules taking place in Nürtingen (summer semester):

Students in the International Finance master’s programme may either spend their third semester in Nürtingen or complete their third and fourth semesters as a Freemover at a university of their choice in order to obtain a Double Degree.

Option 1: Third semester modules taking place in Nürtingen (winter semester)

Option 2: Double Degree as a Freemover 

For more information on this option, please check the tab "Optional Studies Abroad".

Besides the option to spend their third semester at the HfWU Nuertingen-Geislingen University, students also have the opportunity to complete a Double Degree as a Freemover at a university of their choice worldwide. Freemovers organise their studies abroad independently from the HfWU and are not part of any specific exchange programme.

By choosing the Double Degree option, students spend their first two semesters at the HfWU and then go abroad to study approx. an additional year at a university of their choice. After completion of the required coursework, students will be awarded the MSc International Finance degree from the HfWU Nuertingen-Geislingen University, as well as a master degree from the university abroad.

How do I apply to the International Finance programme (IFM)?

The application and selection process for the 2026 intake will start in March 2026. Please check out the information provided by our Student Administration Office for a detailled step by step guide and link to our application portal Selma. Below you can find a short summary of the process:

First step: Register with our application portal Selma, which will be open from March 2026 until June 1st 2026.

Second step: Upload all necessary documents to Selma (e.g. bachelor certificate, proof of English proficiency, motivation letter). Important: International applicants who received their former degree abroad have to get it first recognized by the Studienkolleg Konstanz . This recognition can be requested throughout the year.

Third step: Make sure to complete your application in Selma until our deadline of June 1st 2026.

Additional Information:

• The application portal for the intake of 2026 will be open from March 2026 until June 1st 2026.
• Application Deadline: Each year June 1st for admission to the winter semester which usually starts towards the end of September/beginning of October each year. The deadline applies to all applicants (EU and Non-EU).
• The programme only starts in the winter semester each year. A start in the summer semester is not possible.

Admission Requirements

For a detailled list of the necessary documents, please check the information provided by our Student Administration Office. Generally the following documents are needed:

• Proof of a degree in Business, Business Law, Economics or Management from a German institute of higher education or vocational college or a comparable degree from a foreign institute of higher education.
• Declaration of study motivation, typewritten, max. 2 pages, in German or English language.
• Evidence of proficiency in English, at least at level B2 (according to the Common European Framework of Reference for Languages). Please note that you have to submit only one of the following:
  • Test of English as a Foreign Language -TOEFL- with at least 500 points (paper based) or 173 points (computer based) or 61 points (internet based)
  • International English Language Testing System Academic - IELTS with at least a 5.5 overall band score
  • Cambridge English: Business Vantage - BEC Vantage
  • Cambridge English: First – FCE
  • Cambridge English: Advanced – CAE
  • Cambridge English: Proficiency – CPE
  • Advanced Placement International English Language Exam (APIEL) with a minimum rating of 4
  • Test of English for International Communication (TOEIC) with at least 785 points
  • Language certificate for B2 level according to the "Common European Framework for Languages"
  • First degree from a programme conducted completely in the English language
• Curriculum Vitae with personal details, education and work experience (optional).
• Chinese, Indian and Vietnamese applicants also need to attach the Original Certificate of the "Akademische Prüfstelle des Kulturreferates der Deutschen Botschaft" (APS) from their country.

Application Results

The results of the selection process will be available to all applicants by approx. beginning of July . Applicants can access the acceptance/decline decision within their personal user account in the application portal Selma.

Accommodation

Application for Student Dormitory in Nürtingen
As rooms in the student dormitory fill up quickly, new students are encouraged to apply for a room as soon as possible!

Enrolment

For questions on enrolment and fees please first read the information provided on our homepage before contacting the Student Administration Office:

• Enrolment procedure
• Student Administration Office

Semester Start

The study programme starts only once a year in autumn. The semester opening will take place on October 6th. More information will follow end of September here. For a first semester booklet and overall information please check out the follwing links:

• Start of Your Studies
• First Semester Booklet

University Account

All enrolled students will receive their log-in data for all online services of the University automatically before the start of lectures by email. A separate request is not necessary. Please keep in mind that only fully enrolled students can get access! Once you have received your log-in data you have access to Neo - our Learning Management System where you can find information on your schedule, lecture scripts etc.

• Neo - first steps for students
• Neo - 1st Semester Overview
• Neo -  Lecture Schedule

Semester Dates Winter Semester 2025

Semester Opening: 6th October 2025
Lecture Period: 6th October 2025 - 30th January 2026
Exam Period: 2nd February 2026 - 20th February 2026

The International School of Finance is comprised of all finance related study degree programmes at the HfWU Nuertingen-Geislingen University as well as their institutes and student/alumni activities.

• Bachelor Study Programme International Financial Management BSc
• Master Study Programme International Finance MSc
• MBA Study Programmes "Management & Finance" and "Management & Real Estate"