What are the requirements for the Master's in Finance program in Hamburg?

To apply for the Master's in Finance program, you need a Bachelor's Degree (4 years) in a relevant field, such as Finance, Economics, Business Administration, or a related quantitative field. You must also have a minimum GPA of 2.5 (German scale) or 65% marks, and your degrees must be HEC-attested.

Is there an application fee for the Master's in Finance program?

No, there is no application fee required for the Master's in Finance program. However, if you apply through Uni-Assist, you will incur a standard fee of €75 for the first university and €30 for each additional university.

What English language proficiency is required for this program?

For English-taught programs, you need an IELTS score of at least 6.5 overall (with no band below 6.0), a TOEFL iBT score of 87+, or a Cambridge C1 Advanced (Grade C). If you have a previous degree from an English-medium institution, you can apply for a waiver with university confirmation.

Can international students work while studying in Germany?

Yes, international students in Germany are allowed to work part-time while studying. You can work for up to 120 full days or 240 half days per year, and there are no restrictions during official semester breaks. However, you may need to inform the Federal Employment Agency about your employment.

What are the living expenses for students in Hamburg?

Living expenses in Hamburg generally include accommodation (average €300 to €600/month), transportation (average €30 to €50/month), and health insurance (average €110 to €120/month). Overall, budgeting for these costs can help you manage your finances while studying.