Updated on May, 23 2024 06:55 IST
Study Corporate Financial Management in Germany
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Corporate Financial Management in Germany is a 3-year program offered at German universities. This course is about learning how businesses make and manage money. You'll study things like budgeting, investing, and how to help a company make smart financial decisions. This type of degree will teach you the skills you need to help companies grow and make money, so they can be successful. By the end of the program, you'll have a good understanding of how money works in the business world and be ready to start your career in finance! The goal of a Bachelors degree in Corporate Financial Management in Germany is to help you learn how to manage money and make smart financial decisions for companies. You'll learn about things like budgeting, investing, and keeping track of money to help businesses be successful and grow. After you complete this program, you will be able to use your skills to make sure a company's finances are in good shape. In this article, we will explore what it takes to get admission to bachelors in Corporate Financial Management in Germany.
| Program | Study Corporate Financial Management in Germany |
| Course Duration | 3 to 5 years |
| Language of Instruction | Primarily German for Bachelors, rarely English (for private institutions) |
| Tuition Fees | Free in Public Universities |
| Living Cost in Germany | 700-1000 EUR per month |
| Other Fees | Around 50,000 EUR per annum |
| Sessions | Summer and Winter |
The free study in Germany for Bachelors in Corporate Financial Management in Germany is a unique experience that goes beyond just learning in the classroom. It gives you the ability to experience a different culture. Here are six factors to consider:
World-class education system: Germany has a top-ranked education system, with a focus on research and innovation. Its universities offer comprehensive education and access to the latest technology.
Strong job market: Germany has a thriving economy, home to many global corporations, offering graduates excellent job prospects. The country also provides a high standard of living and diverse career opportunities in various industries.
English-taught programs: Many German universities offer English-taught programs for international students, providing wider study options and facilitating academic and social immersion.
Get a Global Perspective: Studying in Germany will give you the opportunity to learn about financial management practices from around the world.
Prepare for a Rewarding Career: Graduating with a degree in Corporate Financial Management from Germany can lead to a challenging and rewarding career with great earning potential.
Affordable tuition fees: Unlike many other countries, most universities in Germany are state-funded and therefore offer low tuition fees. This makes higher education accessible to students from all backgrounds, regardless of their financial situation.
Students need to follow these criteria to become eligible to pursue a corporate financial management program:
Students must have 13 years of education, which contains one year of preparatory course, to become eligible for pursuing a bachelor's in corporate financial management program.
Students need to complete their 10+2 from a recognized board.
Students are required to have a minimum 8.5 CGPA to secure admission to German universities. To get admission to top universities, more than an 8.5 CGPA is the criteria.
There are language proficiency criteria in German universities to pursue corporate financial management programs in German or English.
These are language criteria that students need to obtain: 90–100 in TOEFL, a 6.5-7 band score in IELTS, and B2 or C1 level certification in German.
Students need to submit a letter of recommendation that can be an additional point while applying for bachelors at German universities.
It is mandatory to submit a statement of purpose, including your details and reason for choosing German universities.
Language is not a barrier in Germany. You can find the availability in both German and English for pursuing a bachelor's in corporate financial management program. There is a specific language criterion at a German university for choosing a language to study in the corporate financial management program in Germany as follows:
| German | B2 or C1 level certification |
| English | 6.5-7 band score in the IELTS. & 90–100 in the TOEFL |
Students can take admission in two intakes: summer and winter. Students are required to apply within the duration to secure their admission at German universities. For the winter session, the applications portal closes by the 15th of July, whereas summer session applicants need to submit their application by the 15th of January.
There are different document requirements in German universities for applying to the corporate financial management program:
ID proof
Passport-size photograph
Certificate of English language proficiency
Certificate of German language proficiency
LOR, or Letter of recommendation
Birth certificate as age proof
Copy of the application form
Income Proof
Academic transcript
Student Visa
Certificate of class 10+2 and school leaving certificate
Passport of the student
Acceptance letter from the university
SOP, or Statement of Purpose
The cost of pursuing a bachelor's in corporate financial management is different from one university to another. Public universities are more cost-effective than private universities. Public universities offer this bachelor's program for free. Whereas the fee structure for studying the same course is 50,000 EUR in private universities.
You can find the availability of this course at the various universities listed below:
| Universities that offers this bachelor's program | Cities where these universities are located | Structure of fees at these universities |
|---|---|---|
| University of Stuttgart | Stuttgart | 1500 EUR |
| University of Augsburg | Augsburg | 150 EUR Semester Fees |
| TU Munich | Munich | 2,000-3,000 EUR |
| RWTH Aachen University | Aachen | No Tuition Fees |
| Heidelberg University | Heidelberg | 1500 EUR |
| Technical University of Darmstadt | Darmstadt | No Tuition Fees |
| Goethe University of Frankfurt | Frankfurt | No Tuition Fees |
| Free University of Berlin | Berlin | No Tuition Fees |
| Humboldt University of Berlin | Humboldt | No Tuition Fees |
In Germany, various scholarships are offered by the German government and universities. There is availability of both funded and partially funded scholarships in Germany. Scholarships offered in Germany include a tuition fee grant and a travel allowance.
DAAD Scholarship Germany →Tuition Fees and Travel Allowance.
Heinrich Boll Scholarships for International → Students EUR 1450 Each Month.
Erasmus Scholarship Programs in Germany → All Tuition Fees and Monthly Allowance.
Konrad-Adenauer-Stiftung (KAS) Scholarships → EUR 850 Each Month.
Germany is a hot spot for students worldwide who want to pursue a free Bachelors degree in Corporate Financial Management. With a large number of public universities offering this program, students can study free in Germany. These top universities in Germany provide this great opportunity:
Ludwig Maximilian University of Munich
Technical University of Munich
Humboldt University of Berlin
Free University of Berlin
Goethe University Frankfurt
University of Stuttgart
University of Augsburg
Technical University of Darmstadt
University of Tübingen
Heidelberg University.
These are the admission procedures that are expected to be followed by students with our team:
Guidance of the team: if you are not getting information about the admission process, then our team members can guide you about the scholarship, fee aid, and admission process at the University of Germany.
Shortlisting a preferable university: you can select a university wisely with the help of our experts.
Facilities in Germany: You can better arrange accommodation and travel expenses in Germany with the assistance of our team members.
Fee submission: you will get a confirmation letter from the university after meeting your fees. Once you get confirmation, our team members will help you apply for a passport.
Other services: We also assist with interview preparation conducted by universities, language proficiency tests, and writing of SOPs.
What skills will I develop by studying Corporate Financial Management?
You will develop a range of financial management skills, including investment analysis, portfolio management, risk management, financial modeling, and financial reporting. Additionally, you will learn about financial strategies and the role of financial managers.
How does bachelors in Corporate Financial Management differ from traditional finance degrees?
Corporate Financial Management focuses on the financial aspects of managing a corporation, whereas traditional finance degrees may focus more on financial markets and investments.
Is Corporate Financial Management only for students interested in finance careers?
No, Corporate Financial Management is also suitable for students interested in a career in general management, strategy, or entrepreneurship, as the degree provides a strong foundation in financial management and business strategy.
Can I specialize in a specific area of Corporate Financial Management?
Yes, many universities offer specializations within the Corporate Financial Management degree, such as risk management, investment management, or financial planning and analysis.
Will I have opportunities for hands-on experience in Corporate Financial Management?
Yes, many universities offer internships, case studies, and other hands-on learning experiences as part of the Corporate Financial Management degree program.
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