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Master of Science - Finance (German Language)

Master's degree, Business and management. International School of Management (ISM) - Munich (München), München, Bayern, Germany.

Level
Master's degree
Field
Business and management
School
International School of Management (ISM) - Munich (München)
Location
München, Bayern, Germany
Tuition (first year)
12,960 EUR
Application fee
Free
Earliest intake
Sept 2027
Living costs (school estimate)
11,904 EUR a year
School type
Private

Program overview

Master of Science - Finance (German Language) is a master's degree program in business and management at International School of Management (ISM) - Munich (München), a private institution in München, Bayern, Germany, founded in 1990.

First-year tuition is listed at 12,960 EUR and the application fee at Free. The earliest intake currently open is Sept 2027.

Applications to International School of Management (ISM) - Munich (München) typically receive a decision in 5 days and 18 hours, based on recent applications.

Cost of the first year

Plan for about 24,864 EUR for the first year before travel, insurance and visa fees. The blocked-account amount is set annually by the German authorities. It was around €11,900 per year at the last check, and it may have been revised. Public universities charge a semester contribution, and some states such as Baden-Württemberg charge tuition to non-EU students. Private universities charge fees.

Figures are as listed in October 2026. Schools revise tuition every year, so confirm the current amount with the school before you pay a deposit.

ItemAmount (EUR)
Tuition, first year12,960 EUR
Living costs, first year (school estimate)11,904 EUR
Application fee (one time)Free
Estimated first-year total24,864 EUR

How the tuition compares in Germany

Our directory lists 283 master's degree programs in business and management at 43 schools in Germany. Their median first-year tuition is 12,960 EUR, and the middle half cost between 12,833 EUR and 13,900 EUR.

At 12,960 EUR, Master of Science - Finance (German Language) costs about the same as the median, in the middle of the range.

Lower-cost master's degree options in business and management

If budget matters, these master's degree programs in business and management have some of the lowest listed first-year tuition in Germany.

ProgramSchoolTuition (1st year)
Master of Arts - International Management (120 ECTS)IU International University of Applied Sciences - Berlin, Berlin7,072 EUR
Master of Arts - International Management (120 ECTS) IU International University of Applied Sciences - Cologne, Cologne8,300 EUR
Master of Arts - Global Business and LeadershipSRH University - Heidelberg, Heidelberg9,800 EUR
Master of Art - Global Business - Industry Management (90 ECTS)Mediadesign Hochschule (mdh) University of Applied Sciences - Berlin, Berlin10,080 EUR
Master of Science - General ManagementPrivate University of Applied Sciences (PFH) - Göttingen, Göttingen10,080 EUR
Master of Science - Supply Chain ManagementSRH University - Cologne, Cologne10,200 EUR

Plan for the Sept 2027 intake

Working back from a Sept 2027 start, this is a realistic plan. Popular programs can fill early, so the earlier end of each window is safer. Winter semester (starting in October) is the main intake, with a summer semester (starting in April) for some programmes. Deadlines are often between January and July, and some are earlier.

ByStep
November 2026Shortlist programs, check entry requirements and book your English test.
January 2027Prepare your statement of purpose, references and transcripts, then apply.
March 2027Receive offers, compare total costs and accept one.
May 2027Pay the deposit, gather funds evidence and apply for the student visa.
August 2027Book travel and accommodation once the visa is approved.

Entry requirements and documents

International School of Management (ISM) - Munich (München) sets the exact entry requirements for Master of Science - Finance (German Language). For a master's degree, applicants usually need the following.

English-taught programmes usually ask for IELTS or TOEFL. German-taught programmes ask for a German test such as TestDaF or DSH. Each university sets its own minimum levels.

  • A completed bachelor's degree, with transcripts and degree certificate.
  • A statement of purpose explaining why this program fits your plans.
  • Academic or employer references, and a CV if you have work experience.
  • A valid passport.
  • English test results, unless the school waives them.

Student visa: National visa for study

Students from India need a National visa for study to study in Germany. German embassies and consulates, and the university's admissions office decides the application.

Germany has a large number of English-taught and German-taught programmes, and many public universities charge little or no tuition. The practical hurdles are admission requirements for Indian degrees, a blocked-account proof of funds, and visa appointment availability.

  • Check the programme's admission rules and language requirements on the university site and on DAAD. Applications go to the university or to uni-assist.
  • If required for your country, obtain the academic evaluation certificate the university asks for (APS India for Indian applicants).
  • Receive the admission letter, open the blocked account and arrange health insurance.
  • Book the visa appointment, prepare the national visa application and attend the appointment.

After you graduate

Graduates can apply for a residence permit to look for work related to their degree for a limited period. Check the current rules on the official sources.

How to apply with Study Spectra

  • Send us your marksheets, English test result (or test plan) and budget.
  • We check your profile against Master of Science - Finance (German Language) and suggest alternatives if it is a stretch.
  • We prepare your statement of purpose and documents, and submit the application.
  • When the offer arrives, we help with the deposit, funds evidence and the student visa file.

Questions students ask

How much is the tuition for Master of Science - Finance (German Language)?

First-year tuition is listed at 12,960 EUR. Living costs are extra; International School of Management (ISM) - Munich (München) estimates 11,904 EUR a year. Confirm the current fee with the school.

What is the application fee?

This program lists no application fee.

When is the next intake?

The earliest intake currently open is Sept 2027. Start your application about eight months before that.

Is Master of Science - Finance (German Language) a degree?

It is listed as a master's degree. The school awards the degree on completion.

Which visa do I need to study in Germany?

You need a National visa for study, decided by German embassies and consulates, and the university's admissions office. Apply after you accept an offer and can show the required funds.

Can Study Spectra help me apply?

Yes. We check your profile, prepare your documents and submit your application to International School of Management (ISM) - Munich (München), then help with the visa. The first call is free.

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