Master of Business Administration in Financial Management

IUBH University of Applied Sciences
Business Administration in Financial Management
Masters
Private
Germany

Course Details

Category	Details
Time
Campus	Erfurt
Duration	3
Deadline-Date
Fee Per Year
Application Fee
Currency	euro
Intake Link
Deadline Link
Intakes	April
Program language requirement	English-Taught Programs (All IUBH Master's): IELTS 6.0 (no band below 5.5) OR TOEFL iBT 80 OR PTE Academic 56 OR Duolingo 95 OR Medium of Instruction Certificate (if Bachelor's was in English)

Who can Choose this program?

Bachelor’s Degree: You must have completed a bachelor’s degree from a recognized university in Pakistan. 4-Year Bachelor’s: A 4-year bachelor’s degree (e.g., BBA, BCom (Hons), BS, BE) is directly recognized. 2-Year or 3-Year Bachelor’s: If you have a 2-year or 3-year bachelor’s degree (like a simple BCom or BA), you typically must also have completed a Master’s degree (e.g., MCom, MA) to be eligible for a German master’s program. This is a standard requirement set by the German Anabin database for Pakistani qualifications.

Additional Information

Category	Details
Scope of the program
Program entry requirement	Bachelor's Degree (4 years/16 years education) in a relevant field
Required GPA	2.5 German GPA (~70% in Pakistani system) for most programs MBA programs may require 2.0 (~75%+)
GRE Required
GMAT Required
Application Process	1. 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 Scholarships	https://studyabroadupdates.com/category/study-in-germany/
Program accreditation
Living expenses	Living 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 Details	Germany 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 timework	International 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 opportunity	After 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 language requirements for the Master's programs at IUBH?

The Master's programs at IUBH require proficiency in English. Accepted tests include IELTS with a minimum score of 6.0 (no band below 5.5), TOEFL iBT with a score of 80, PTE Academic with a minimum of 56, or Duolingo with a score of 95. A Medium of Instruction Certificate may also suffice if your Bachelor's was taught in English.

What are the eligibility criteria for applying to the Master's programs for Pakistani students?

Pakistani students must possess a recognized Bachelor's Degree (4 years/16 years education) in a relevant field. A minimum GPA of 2.5 (approximately 70% in the Pakistani system) is required for most programs, while MBA programs may demand a GPA of 2.0 (approximately 75%+).

How do I apply for a Master's program at IUBH?

To apply, you must register on the Uni-Assist portal or the specific university's application portal, fill out the online application form, upload required documents such as academic transcripts and language proficiency test scores, pay the application fee, and then submit your application before the deadline.

What are the estimated living expenses for students in Germany?

Living expenses in Germany may include accommodation (averaging €300 to €600/month), transportation (about €30 to €50/month), and health insurance (approximately €110 to €120/month). Overall, living in Germany can be relatively affordable compared to other Western European countries.

Can international students work while studying in Germany?

Yes, international students in Germany are allowed to work part-time while studying. They can work up to 120 full days or 240 half days per year, with no restrictions during official semester breaks. Popular part-time job options include positions as research assistants, English tutors, or roles in cafés and restaurants.