Master of Management in Finance & Accounting

Course Details

CategoryDetails
Time
CampusLeipzig
Duration2
Deadline-Date
Fee Per Year17950
Application Fee
Currencyeuro
Intake Linkhttps://www.hhl.de/programs/full-time-master-in-management-finance/
Deadline Linkhttps://www.hhl.de/application-full-time-m-sc-program/
IntakesAugust
Program language requirementEnglish Proficiency (if applicable): TOEFL iBT 90+ or IELTS 6.5+

Who can Choose this program?

Bachelor’s Degree: You must have completed a bachelor’s degree from a recognized university in Pakistan. While students from all backgrounds are considered, degrees in Finance, Accounting, Business Administration, Economics, Engineering, or Mathematics are particularly well-suited and competitive.

Additional Information

CategoryDetails
Scope of the program
Program entry requirementBachelor's Degree (4 years/16 years education) in any discipline
Required GPA2.5 German GPA (~70% in Pakistani system) Competitive programs prefer 2.0 (~75%+)
GRE Required
GMAT Required
Application Process1. Register for an Online Application Portal: Start by creating an account on the Uni-Assist portal or the specific university's application portal, depending on where you're applying. This gives you access to the application form and allows you to track your progress. 2. Start the Application Process: After registration, begin filling out the online application form. You can apply to multiple universities and programs through Uni-Assist or directly if the university has its own system. 3. Complete the Application Form: Provide accurate and complete information, including personal details, academic background, choice of study program, and previous qualifications. Double-check for errors before submitting. 4. Upload Required Documents: Submit all required documents through the portal. These typically include:  Academic Transcripts: Official copies of your school-leaving certificates, bachelor's degrees, and mark sheets (with certified German or English translations).  Language Proficiency Test Scores: 1. For English-taught programs: IELTS/TOEFL 2. For German-taught programs: TestDaF, DSH, or Goethe-Zertifikat  CV or Resume: Updated and formatted in Europass style (recommended).  Statement of Purpose/Motivation Letter: Describe your academic goals, program interest, and why you wish to study in Germany.  Letters of Recommendation: Usually 1–2 academic references from previous professors or employers, submitted as PDFs.  Passport Copy: A clear copy of your valid passport. 5. Pay the Application Fee: For Uni-Assist, the standard fee is €75 for the first university and €30 for each additional university. Payments are made online via bank transfer or credit card. 6. Submit Your Application: After completing all sections and uploading documents, submit your application before the deadline. You will receive confirmation of submission and updates via email. 7. Wait for the Admission Decision: Universities may take 4–12 weeks to review your application. Once accepted, you’ll receive an admission letter, which is required for your visa application.
Available Scholarshipshttps://studyabroadupdates.com/category/study-in-germany/
Program accreditation
Living expensesLiving in Germany is relatively affordable compared to other Western European countries, especially for students. Here’s a breakdown of typical monthly expenses: Accommodation  Shared flats or student dorms are the most budget-friendly.  Rent varies by city and location.  Average cost: €300 to €600/month Transportation  Most universities include a semester ticket that offers unlimited local travel.  If not included, monthly passes are still reasonably priced.  Average cost: €30 to €50/month Health Insurance  Mandatory for all students in Germany.  Public student health insurance is the most common option.  Average cost: €110 to €120/month
Visa Process DetailsGermany Student Visa (National Visa – Type D) International students must apply for a long-term national visa before entering Germany to pursue full-time academic studies. Required Documents:  A valid passport (minimum 6-month validity)  A letter of admission from a recognized German university  Proof of financial resources, typically via a blocked account showing at least €11,208/year (2025 requirement)  Health insurance coverage valid in Germany  Academic transcripts and certificates of previous education  Completed visa application form and payment of the application fee (€75)
Part timeworkInternational students in Germany are legally allowed to work part-time while studying, which helps cover living expenses and gain valuable work experience. Work Limitations:  120 full days OR 240 half days per year  No work restrictions during official semester breaks  Must inform and sometimes get permission from the Federal Employment Agency Common Part-Time Jobs:  A research assistant or student assistant at university  An english tutor or freelance translator  The café or restaurant staff  Customer support or data entry roles  Delivery rider or cashier
Post-study work opportunityAfter graduating from a German university, you can apply for an 18-month residence permit to search for a job related to your degree. This permit is called the "Residence Permit for Jobseekers" (Aufenthaltserlaubnis für Arbeitsplatzsuche). You must apply before your student visa expires.

What are the admission requirements for the Master's program in Management and Finance at HHL?

To apply for the Master's program in Management and Finance at HHL, you need to have a Bachelor's Degree (4 years/16 years education) in any discipline with a required GPA of 2.5 German GPA (~70% in the Pakistani system), although competitive applicants typically have a GPA of 2.0 (~75% or higher).

What is the application process for HHL's Master's program?

The application process includes creating an account on the appropriate application portal, completing the online application form, uploading required documents such as academic transcripts, language proficiency test scores, a CV, a statement of purpose, letters of recommendation, and a passport copy. After finishing these steps, you must pay the application fee and submit your application before the deadline.

How much does it cost to study at HHL for the Master's program?

The fee for the Master's program in Management and Finance at HHL is €17,950 per year. Additional expenses, such as accommodation, transportation, and health insurance, should also be considered when budgeting for your studies.

Can international students work while studying in Germany?

Yes, international students in Germany are permitted to work part-time while studying. They are allowed to work 120 full days or 240 half days per year, and there are no restrictions on work during official semester breaks. Common part-time jobs include roles as a research assistant, English tutor, or staff at cafes or restaurants.

What are the post-study work opportunities available after graduating from HHL?

After graduating from HHL, students can apply for an 18-month residence permit to search for a job related to their degree. This permit is known as the "Residence Permit for Jobseekers" and must be applied for before the student visa expires.

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