Master in Finance: Application & Admissions –

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Below you will find detailed information on our admission process and requirements for the Master in Finance Program.

If you are still unsure about our admissions process or whether you fulfill the requirements, please get in touch with the Master of Science Team.

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Important information for candidates from China, Vietnam, Mongolia, and Pakistan
Candidates from China, Vietnam, Mongolia, or Pakistan are recommended to apply as early as possible before the start of the program as the visa application process for applicants from these countries can take several months.

Our admissions and application process.

1. Start your application online via our online portal

To begin the application process, simply click here. Once you are logged in, you will be presented with further information on filling out various fields and uploading the required supporting documents. You do not have to complete the online application all at once - at any time during the application process, you may take a break, save the information you have entered, and come back to it later. Below, you will find detailed information on our admission requirements.

Admission requirements:

For our Master in Finance Program, we seek Bachelor graduates with a degree in a business-related field of study, and graduates from STEM subjects with a strong quantitative background and first experience in finance-related areas, e.g. through electives, their thesis CFA, or practical exposure. 

It is possible to apply with your current Transcript of Records from your Bachelor's studies, should you not have received your Bachelor's degree yet. Please include a document that indicates courses that are not included in the transcript that you are currently taking or will take in the future.

We recommend having 20 weeks (800 hours) of practical experience which has to be completed in a business-related role.

This program is open to candidates with a maximum of four years of post-graduate work experience.

You can submit internship certificates or a letter from HR, which include your name, start and end date, your title, and a short description of your duties and responsibilities. The document should be issued on official company stationery, with a stamp and signature.

Missing practical experience can be completed by August 31, 2022. Please contact the Admissions Team in case of questions.

You are welcome to submit one of the following:

  • TOEFL iBT (internet-based) test with an overall score of at least 100 (WHU Code: 0682) 
    • A score of 105 is recommended due to the requirements of some of our partner universities for the semester abroad
  • IELTS (academic) with an overall score of at least 7.0
    • A score of 7.5 is recommended due to the requirements of some of our partner universities for the semester abroad
  • Cambridge Certificate of Proficiency in English (CPE) of at least Grade C
  • Cambridge Certificate of Advance in English (CAE) of Grade A

PLEASE NOTE: We also accept the TOEFL iBT Special Home Edition that you can take online.

Proof of English proficiency is not required if your first language is English, or your Bachelor program was completed entirely in English. In this case, proof from your university is required.

Applicants for the Master in Finance Program are required to prove excellent analytical and quantitative skills. This can be demonstrated by a strong GMAT/GRE/TM-Base score. Our Admissions Team may decide to waive the GMAT/GRE/TM-Base requirement upon review of your application. You must first apply to the program with all relevant supporting application documents in order to be considered for a waiver.

  • GMAT score of at least 600 (WHU Code: FBR-FH-93)
  • GRE of at least 158 Verbal and 158 Quantitative
  • TM-BASE of at least 102 (must be completed in English. Please sign up for the test at the TM-WISO Website)

We recommend using the following pages to prepare for the tests: TM-Base demo testGRE preparation materialsGRE practice testGMAT preparation materials

Helpful Tips:

The GMAT, GRE and the TM-BASE are also offered as online exams allowing you to take the test from home. 

It is recommended to submit a GMAT/GRE/TM-BASE score with your application. However, you can apply for the program without the GMAT/GRE/TM-BASE score, and our Admissions Team will still review your application. You would only receive a conditional study offer if you successfully complete the WHU Admissions Process without receiving a GMAT/GRE/TM-BASE waiver. The offer would be unconditional upon submission of your required GMAT/GRE/TM-BASE official score.

If you are interested in our Double Degree Programs, please be aware that our partner universities might only accept the GMAT.

As international experience, we accept internships abroad, language courses, semesters abroad, summer schools, or high school exchange years in non-German speaking countries. This requirement is only for citizens of German-speaking areas, such as Germany, Austria, and Switzerland.

PLEASE NOTE: Due to the pandemic, international experience is not an entry requirement for the 2022 intake.

Quick Recap:

  • Prepare a CV in English
  • Collect the supporting documents (see Application Checklist, pdf)
  • Create an application account online
  • Upload all required documents
  • Make sure to click "submit"
Application deadlines
  • April 30, 2022*
  • May 31, 2022**

* For candidates requiring a student visa
** For candidates from EU/EEA countries as well as from Australia, Canada, Israel, Japan, New Zealand and the USA

Early bird
  • January 15, 2022

Apply early with complete official application documents to receive an Early Bird reduction of 10% on one semester tuition fee.

Application Fee

We charge a non-refundable fee of EUR 100 for processing applications. However, if you apply before the early bird deadline of February 15, 2022, this fee will be waived. 

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2. Complete your video interview via Kira Talent

After the online application has been reviewed, qualified candidates will be invited to a video interview on Kira Talent. Kira Talent is an online platform via which we will ask you interview questions, and you will have to record yourself answering them. Once you receive the invitation, you will have one week to complete the interview. As the interview will be recorded, you can decide when you want to take the interview within the given time frame. Please schedule 45 minutes for the interview as once you start, it is not possible to pause or take breaks.

3. Take part in a personal interview

After the Kira interview has been reviewed, promising candidates will be invited to a personal interview. The personal interview is the final step in the admissions process and will take place entirely online. The Master of Science Team will extend a study offer to outstanding candidates a few days after the final interview. As a final step, you will have to accept our offer officially within the given time frame.

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Our Application Center will open on October 15, 2021!

Start your application via our online portal and join the Master of Science Programs. You do not have to complete the online application all at once - you can save your information and come back to it later.

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