Modules, Time Models and Major

Structure of the programme →

Full-Time or Part-Time: How do I put together my timetable? →

Three majors for in-depth expertise →

The Master in International Financial Management comprises 90 ECTS:

• 48 ECTS of mandatory modules
• 15 ECTS of elective modules
• 27 ECTS of coaching and research modules

The mandatory modules form the content-related foundation of the Master's programme in International Financial Management. The mandatory modules cover all essential content from the field of finance and take place in the autumn semester.

You choose up to five elective modules in addition to the mandatory modules according to your interests. Our elective modules deepen topics and enable you to acquire further knowledge. All elective modules take place in the spring semester, and the range of courses is constantly adapted to current practical needs.

In addition to the professional skills, you will also work on your personal skills. For this purpose, you will receive individual coaching in the Personal Skills in Financial Management module. 

The Master in International Financial Management includes two research projects. In the Applied Research Project, you will work in teams of two on practical topics in the field of International Financial Management. In the Master's Thesis, written individually, you will delve into a topic from your studies. You decide whether you prefer to work quantitatively or qualitatively. There is a wide range of topics from which you can choose. In addition, you can suggest a topic yourself or work with a company or your employer as the client.

To complete the Master's degree in International Financial Management, you must earn 90 ECTS. You decide where to focus your studies and when to take which modules.

Adapt your studies to your circumstances. You can study compactly in three semesters or spread your studies over up to ten semesters. Time-compact blocks allow you to work up to 80 per cent alongside your studies (or up to 100 per cent if you have a flexible work schedule) or to use your time for other purposes. You decide whether to study one or two days per week and which semester to take the block weeks. Would you like to take a break during your studies? You can schedule one or more module-free and/or leave semesters for this purpose.

Our modules take place on Mondays and/or Tuesdays, and you have a maximum of two block weeks (Monday to Thursday) per semester.

Below we illustrate how you can select your modules. We distinguish between the autumn and the spring semester. Since the mandatory modules, which you must all take, take place in the autumn semester, it is mainly a matter of dividing the time between the desired number of semesters. For the elective modules in the spring semester, you have to decide on both content and time.

Before the semester begins, you decide which modules you want to enrol in and thus design your personal timetable. The flexible combination of modules allows you to choose from various time models. For example, a time models with three or six semesters can look as follows: 

Example: 3 Semesters with start in Autumn

Example: 6 Semesters with in start Autumn

You have the option of completing your Master's degree with a major and thereby acquiring specialised knowledge. The Master’s diploma certificate indicates the major as "MSc in International Management with a Major in ...". The following majors are available:

Major in Performance Management

Enhance your comprehension of company management and critical figures evaluation by taking the Management Accounting and Control and Business Planning elective modules. These modules will broaden your knowledge of measuring metrics and utilising data to run a business effectively. Furthermore, in your Applied Research Project and Master's Thesis, you will thoroughly delve into performance management.

Major in Accounting

Are you fascinated by the systematic recording and monitoring of money and performance flows in a company? Then the Major in Accounting is right for you. The elective modules Financial Accounting and Analysis and Advanced Financial Accounting and Reporting complement your curriculum and deal in depth with various consolidation methods and topics from international accounting. In addition, in your Applied Research Project and your Master's Thesis, you will deal intensively with accounting topics.

Major in Corporate Finance

The right financing and investment decisions are crucial to a company’s success. In the elective modules Advanced Corporate Finance and Current Issues in International Finance, you will learn how financial managers take measures to ensure corporate success. You will discuss case studies and analyse different strategies for action. The Applied Research Project and the Master's Thesis on Corporate Finance complement this major.