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Letzter Abschluss

The M. Sc. in Economics and Finance combines the strengths of our faculty in Econometrics and Finance. Just recently a crisis originating in the financial sector has proved to have severe consequences for economies and societies worldwide. It is therefore of utmost importance that managers in the financial sector, regulatory offices and central banks have a sound understanding of the theory and real-world processes of financial markets as well as of financial instruments designed for risk sharing.

Graduating from this program, you will be able to apply econometric methods to analyze financial data and to assess the validity of theoretical predictions and scientific forecasts for the financial sector. You will understand how prices of risky assets are (or should be) determined. And you will understand why financial instruments can increase social welfare, even though they involve considerable risks for individual investors and the society as a whole. In addition to field courses focusing on these issues, you may choose complementary elective courses according to your own preferences.


This is a 4-semester program amounting to 120 ECTS credits. Following international standards, the program starts with three compulsory courses where you acquire advanced general knowledge in economic theory and econometrics, paving the ground for subsequent field courses. You may flexibly bundle your field courses into modules of varying size, according to your interests. Courses vary in size and workload, yielding 3, 6, or 9 ECTS credits.

In order to allow for tailor-made personal curricula and research agenda, the program also features elective courses. This element of the curriculum is 27 ECTS credits in size. You may choose to further your specialization in a certain field or to broaden your education by attending courses of a complementary nature, including interdisciplinary elements.

We place great emphasis on active student involvement. Attending a Master seminar, you will earn credits by writing a research paper on a topical issue of Economics and by presenting your paper in class. Most importantly, you will write a Master thesis on a topic agreed upon between yourself and your thesis supervisor. Working on your thesis under the dedicated supervision by a faculty member will allow you, with due effort, to move up to the frontier of academic research. In doing so, you will acquire methodological skills and expertise that greatly enhance your career perspectives, including a possible continuation of your education in an excellent Ph. D. program.

Professional career

We are committed to a Master’s degree that enjoys a high international reputation. Our program gives you the opportunity to achieve a competitive edge in the job market for professional economists. You will acquire up-to-date scientific knowledge that is in high demand for a broad range of professional careers. Graduates may aim for executive careers in business and finance as well as for administrative positions in the public sector and international institutions. Moreover, careers in Economics typically include policy advice, publishing, consulting and research.

Ph. D. track

Graduates will find themselves well-positioned for an academic career. You may complete any one of these programs on a Ph.D. track. This effectively puts you on a fast track to a doctoral degree (Ph.D.) in Economics or Finance.

Completing the Ph.D. track requires you to obtain 27 of your ECTS credits from Ph.D.-oriented courses that take students to the frontier of academic research. Most importantly, Ph.D. track students need to fulfill the Master thesis requirement by writing an academic paper that may serve as a first part of their Ph.D. thesis.

Since 2013, the school offers a new taught Ph.D. program covering Economics, Finance and Business Studies.


Admission requires a Bachelor’s degree in Economics, Commerce or any related field with excellent grades that amounts to 180 ECTS credits. Applicants for the M.Sc. in Economics and Finance are expected to have sound intermediate knowledge of Finance and Quantitavie Methods (Mathematics, Statistics, Econometrics) and Micro- and Macroeconomics. The entire program is taught in English. Applicants should therefore be fluent in English. Knowledge of German is not required to complete these programs. However, German classes are available.

This program is tuition-free for students from inside the European Union. All other students are charged with 1.500 Euro per semester.


Admission is subject to a competitive selection procedure that includes individual interviews with faculty members. Shortlisted candidates from overseas will be interviewed in a video conference.

Application deadline: May 15
Interviews with shortlisted applicants are scheduled for early June.
Letters of admission will be sent out by the end of June.
The program starts at the beginning of October.

Application details are published on our website >

Flyer (PDF) >


Do not hesitate to contact us with your questions:

For further information visit the website.
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The Tübingen School of Business and Economics

The School of Business and Economics at the University of Tübingen is dedicated to high-level academic education in both Business Administration and Economics. We offer three Bachelor of Science programs and nine different Master of Science programs, all of which mirror the widely respected academic expertise of the faculty, allowing students to specialize in areas with promising career prospects. The School has about 60 academic staff, among them 20 full professors, generating a very active research environment. Our academic staff keeps close contact with the international scientific community, regularly presenting their research on international conferences. Students benefit from courses taught at the frontier of academic research. They learn in small groups, with close contact to instructors. Former graduates of the School have won prestigious scholarships overseas and have been accepted for top Ph. D. programs. We run both an internal and an external research seminar, hosting visitors from all over the world.

The Master programs at the School of Business and Economics