Best Universities in Germany for Finance: Where to Study for a Successful Career in Banking and Investment
- francescaqvisionfa
- 5 hours ago
- 3 min read
Author: Anna Brand
Finance is the foundation of understanding the global economy. That’s why a strong financial education is essential for a successful career in this dynamic field. But in such an international industry, where should you start your studies? While you might consider known financial hubs like London, let me introduce you to a much more attractive alternative: Germany.
Germany as a financial hub
Germany is home to five of the world’s Top 60 most important international finance centers – far more than most other European countries, which typically have just one. These five finance centers are spread across the country: Frankfurt, Hamburg, Berlin, Stuttgart and Munich. Among them, Frankfurt stands out as it’s the most important financial hub in continental Europe. It hosts two central banks at once: the European Central Bank (ECB) and the Deutsche Bundesbank. Furthermore the EU regulatory authority for the insurance industry (EIOPA) and supervisory body for the systemically important banks in the euro area (SSM) have branches there.
Beyond Germany’s international financial strength, let’s look at additional reasons why studying in Germany is so appealing for international students.
Why you should study in Germany as an international student
Top-ranked universities, vibrant city life and versatile nature isn’t enough to convince you to study in Germany? Then maybe these points will:
No Tuition Fees in Public Universities for International Students: Since 2014, Germany has abolished all tuition fees for domestic and international students. However, if you’re not from an EU-state, Iceland, Liechtenstein or Norway, some public universities may still charge a fee. Depending on the institution and program, they vary. Bachelor’s programs generally cost €2,000 to €3,000 per semester, while Master’s programs range from €4,000 to €6,000 per semester.
High-Quality Education and Modern Infrastructure: Most of Germany’s universities date back to the middle ages. Since then, they’ve upheld the tradition of qualitative education and produced prominent names in different academic disciplines. Complementary to this traditional structure, public universities continually update their infrastructure with the latest technology – creating a mix of the best of both worlds.
Internationally Recognized Degrees: Thanks to the Bologna Process, degrees from public universities (Bachelor, Master or PhD) are internationally recognized. Furthermore, many programs are taught in English, making them particularly attractive for international students.
Diverse Education Formats: You can choose your format of training. Germany offers different higher education formats, such as traditional universities, universities of applied sciences or private schools. Depending on whether you prefer a research-oriented or practice-based approach, you can find a program tailored to your individual needs.
Affordable Cost of Living and Scholarships: Compared to other European countries, Germany offers a relatively low cost of living. Also, there are numerous scholarships available to help finance your studies. In addition, there are many scholarship opportunities to finance your studies.
… And these are just to name a few benefits!
Where to study finance in Germany
Now that you’re convinced Germany is the place to study finance, let’s choose which university you’ll apply to. These are some of the country’s top-ranked public universities, based on their research excellence and academic reputation:
Goethe University of Frankfurt am Main
Technical University of Munich (TUM)
University of Bonn
Ludwig Maximilian University in Munich (LMU)
By choosing to study finance in Germany, you’re not only benefiting from the highest academic quality, but also from Germany’s rich culture and diverse landscapes. With its strong financial sector, internationally recognized degrees and affordable study options, Germany is the ideal destination for aspiring finance professionals.
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