Why Finance in Münster?
Here you can find information about the programs at the Finance Center Münster. Alternatively, download our brochure here.
Excellent teaching and research under one roof
The Finance Center Münster (FCM) combines the financial market research and teaching at the faculty of business administration. The chair portfolio of the FCM comprises the chairs of our five professors.
- Prof.Dr. Nicole Branger (Lehrstuhl für Derivate und Financial Engeneering)
- Prof.Dr. Nadja Günster (Professur für BWL, insb. International Financial Management)
- Prof.Dr. Thomas Langer (Lehrstuhl für Finanzierung)
- Prof.Dr. Andreas Pfingsten (Institut für Kreditwesen)
- Prof.Dr. Christoph Schneider (Professur für Finance)
The contentual work of the FCM is among others the combination of functional topics of finance with institutional aspects of financial services providers, the consideration of behavioral aspects with regards to behavioral finance, the analysis of valuation in the financial market, the analysis of institutional behavior in product, capital and labor markets as well as social responsible investing and corporate governance.
The team of professors is being supported by 30 research assistants, that lead courses and assure a strong bond during seminars and master theses.
Last but not least, the students are a vital part of the FCM. Besides the master program, the exchange between professors, research assistants and students is one of our focuses. Many of our master students work as student research assistants at one of the chairs.
The broad variety of our courses
The different research focuses of the Finance Center are represented in the large number of different courses. The combination of mandatory and elective courses ensures a fundamental knowledge of the essential Finance Topics and also pave the way for a specialisation.
The course program contains:
- Behavioral Finance
- Socially Responsible Investing
- Financial Intermediation
- Derivatives and Asset Pricing
- Corporate Finance
And much more... You can find further information about our master courses here.
Your major in finance is being complemented by one of seven minors. You can either deepen your knowledge in another area of expertise (e.g. Accounting, economics or information systems) or extend your finance specialisation with the minor finance.
The last semester closes with your master thesis, which you can write either in German or in English.
The study plan for students with major finance and any minor is:
Our ski and summer seminar
Another highlight of the business administration master program with the major finance are the seminar trips. During a ski or a summer seminar trip with various aims, the students present and discuss the outcomes of their seminar papers in a cosy atmosphere. Besides the presentation, fun is a main part of the trip. An active program ensures the necessary diversity.
The ski seminar trip takes the students to the Pitztaler Gletscher with snowy slopes and an impressive downhill run, which can end in the Schirmbar. The seminar trip adresses skiers and snowboarders of all skill levels. Whether you are still shaky on the ski or are just looking for the perfect swing, you are invited to take part in the ski courses. After skiing, during cooking, the get-together in the evening or during the "ski-baptism" you have the opportunity to get to know new friends that stay even after the seminar trip is over.
Just as tempting is taking part in one of our summer seminars, which leads the group of students to various possible destinations. The past years, activities such as sailing at the Ostsee, Hiking, climbing, paragliding in Austria or golfing in Mecklenburg-Vorpommern have taken place.
Furthermore, we offer themed seminars, which take place in Münster. If you want to find out more about the content of the seminars, please refer to this site.
In general, we value a good atmosphere and open communication during our seminars. This gives the students the opportunity not only to improve their soft skills with presentations and discussions, but also to get to know fellow students, research assistants and professors.
Our excellency program “Finest in Finance“
If you are one of the top students in your graduation year, you can apply for a membership in our “Finest in Finance” (short: FiF) excellency program, which offers you the opportunity to develop your professional and social skills beyond your normal studies. Not only applicants with very good grades will be accepted, but also relevant work experiences, international background and extra-curricular activities will be taken into account. In short: you should be able to offer a well-rounded personal profile.
Our well-known industry partners organize exclusive events, which offer FiF-members unique insights into the organization’s inner workings. Examples include the professional challenges of a financial consultant or the day-to-day work of a member of the board in a large bank. Workshops during the semester offer members the opportunity to further their soft skills, for example in a rhetoric seminar or during presentation training.
Furthermore, in addition to collective bike rides or other regular social meetings, FiF-members try to apply themselves in the local community, for example by tutoring kids of less fortunate families. Last but not least, FiF-members also have the exclusive opportunity of applying for a work experience at the Risk Management Institute in Singapore, where they are given the chance of experiencing an exciting international metropolis, while gaining fascinating insights into a dynamic industry.
Your opportunities with the Finance Major at the University of Münster
The Finance Major in Münster combines the challenging theoretical knowledge with many elements from practice. It sets the basis for a career in research as well as a successful job entry at banks, insurance companies, financial services providers as well as financial departures of private and public companies or in consulting. The FCM cooperates with various companies to facilitate the transition from studies to the job. Furthermore, the career fair "Business Contacts" takes place once a year, where students can meet potential future employers. In addition, the faculty of business administration supports you with the Career Development Center: it offers job consulting, CV checks as well as soft skill workshops.
Study in the most liveable city in the world
In a real student city like Münster, with over 50,000 students, you will always find something to do between lectures: on sunny days, you can gather some friends for grilling at the Aasee, sit and swim at the Kanal (channel) or go for a walk in Münster’s Altstadt (old city).
If you are an active person, you can choose from over 140 different types of sports in our university’s sport program. Culinarily, Münster does not only offer a wide selection of different dining halls and restaurants for its students, but also weekly markets with great lunch opportunities – from selection of cheeses to fish rolls, there is something for everybody’s palate.
In the evening, you can explore Münster’s various bars and clubs, which you will be introduced to during your orientation week. These are spread across the city, from the well-known bars in the Kreuzstraße and Jüdefelder Straße of the old town to the new bars and restaurants in the harbor.
Being spread across the city does not mean you will have problems getting around though: Münster is Germany’s bicycling capital, with the castle, Aasee, dining halls, weekly markets, inner city and old city being less than 500 meters away from your lecture halls! The UN has even presented the city of Münster with the LivCom award as the “Most Liveable City in the World”. You can look forward to a brilliant time during your stay in Münster!
The Finance Center supports a semester abroad and with that the chance for further development, not only in academic and linguistic terms, but also in personal matters. For this purpose the Finance Center has created a mobility window with many elective courses in the third semester, which gives students the chance to get accreditation for many courses taken abroad. The International Relations Center (IRC) for the faculty of business administration supports students with the placement and application to universities abroad as well as scholarships. Several informational events and reports help you choose the right partner university with all other country specific features.
You get the chance to complement your master degree with a semester abroad at one of over 100 partner universities. Partnerships exist with universities in Vancouver, Sao Paolo, Syndey, Melbourne, Oslo, Copenhagen, Zurich, Paris, Rome, Barcelona, and many more. You can find more information about studying abroad here.