Theses at the FCM
Application for Bachelor and Master Theses
With the preparation of the thesis, the student should demonstrate the ability to independently work on and prepare a scientific topic with the help of the knowledge acquired during his or her studies. The thesis is therefore an essential part of the studies and should therefore be well prepared. On this page all information can be found that is needed for completing the final thesis at the Finance Center Münster. The general information initially deals with organisational matters that apply to both Bachelor's and Master's theses. Here you will learn when and how to register your thesis at the FCM, how to pick up the topic, how to work on it and how to submit it. Specific information for Bachelor's and Master's theses can be found in the following subitems.
- Institute of Banking and Credit (Philipp Klein)
- Chair for Derivates and Financial Engineering (Heiner Beckmeyer)
- Chair of Finance (Maren Baars)
- Chair for International Financial Management (Daniel Brodback)
Registration for final papers at the FCM is on a quarterly basis, i.e. registration must take place for the quarter in which the desired date for the collection of the topic lies. The registration period ends 2 months before the beginning of the respective quarter. The following table shows the exact delimitation of the quarters and the corresponding registration period:
1. Quarter 2. Quarter 3. Quarter 4. Quarter Topic issue period 01. Jan - 31. Mar 01. Apr - 30. Jun 01. Jul - 30. Sep 01. Okt - 31. Dec application period 01. Aug - 31. Oct 01. Nov - 31. Jan 01. Feb - 30. Apr 01. May - 31. Jul
As a prerequisite for a thesis at the FCM, the following two registration steps must be completed within the application period:
- Filling in the online registration form of the FCM
- Application for the thesis at the Examination office
Important note: Regardless of the topic desired, registration at the Examination Office at the Chair of Derivatives and Financial Engineering is made with Prof. Branger as the topic speaker. After the candidates have been assigned to their professorship, their allocation is automatically changed by the Examinations Office.
If a candidate does not meet the above requirements, the FCM cannot guarantee supervision in the desired quarter.
When registering online, areas of interest and desired topics must be specified. Details on possible subject fields are provided in a central information event, which is offered four times a year (in January, April, July and October). The exact date will be announced in due time on the FCM homepage under "NEWS". In addition, details of the questionnaire for online registration will be explained in the event.
Allocation to a chair
The assignment to a supervisor at the FCM is based on the specified requests. However, no guarantee can be given that these requests will be fulfilled. For this reason, it is recommended to specify topics from several chairs so that a possible redistribution can take place in the interest of the students.
Start and finish of the work
The topic is generally picked up on Mondays from 10.00 a.m. to 12.00 p.m. at the chair's office (ifk: Room J262, LSF: Room 269, LSDFE: Room 259, PIFM: Room 177). To calculate your submission date in advance, you can use the tool to calculate the processing period.
Submission of the paper
The work must be submitted at the latest on the day specified in the examination regulations, which is noted on the head card. This is also possible from 10.00 a.m. - 12.00 p.m. in the secretary's office of the respective chair (ifk: Room J262, LSF: Room 269, LSDFE: Room 259, PIFM: Room 177). It can also be handed in at a post office by registered letter to the following address (the date of the postmark applies):
Westfälische Wilhelms-Universität Münster
Finance Center Münster
Scientific work must formally meet certain minimum requirements which must be complied with. The following document summarizes the formal requirements for seminar papers and final papers at the FCM and serves as an aid in the preparation of a scientific paper.
Bachelor theses (PO 2010/2017)
Requirements for registration
According to § 11 Para. 3 of the PO Bachelor BWL 2010 and PO Bachelor BWL 2017, the candidate must have earned 90 credit points from academic achievements in order to be able to register for a bachelor thesis. The same regulations apply to the courses of study economics and information systems.
Completion of the bachelor thesis
In the bachelor thesis at the FCM, the student should show that he/she can work on a scientific question from the financial sector with the appropriate methods and within a given period and prepare it appropriately. As a rule, the topic is examined on the basis of literature. At all chairs, however, it is also possible to conduct one's own empirical analysis as part of the Bachelor's thesis. A corresponding interest can be indicated when filling in the online registration form. The processing time of the Bachelor thesis is 8 weeks or can be extended to 12 weeks upon application if the Bachelor thesis is completed during the studies (see below). The volume of the bachelor thesis is 25 pages in the main text.
Thesis processing time extent (in pages) PO Bachelor 2010/2017
8 weeks or
12 weeks, if the thesis is completed during the studies (on application)
Bachelor thesis during studies
According to § 11 Para. 4 of the PO Bachelor BWL 2010, an extended processing time of 12 weeks can be applied for a bachelor thesis completed during the course of studies. A bachelor thesis is considered to accompany the course of study if the candidate has to complete further module parallel to the final thesis. To apply for the extended processing time, you must submit the corresponding application and a current extract of grades. Further information and the necessary application form can be found on the website of the examination office.
Master theses (PO 2008/2010)
Requirements for registration
According to § 11 of the PO Master BWL 2008 and PO Master BWL 2010, there is no minimum number of credits that the candidate must have achieved for registration.
Completion of the master thesis
In the master thesis at the FCM, the student should show that he/she can independently work on and adequately prepare a scientific question from the financial sector within a given period. As a rule, the topic is empirically investigated. In principle, however, purely literature-based work is also possible. The classification of our own interests in mathematics and statistics within the framework of the online questionnaire serves as a first indicator for the orientation of the topic. The master thesis takes 5 months to complete. The volume of the work is 50 pages in the main text.
Thesis processing Time extent (in pages) PO Master 2008/2010 5 months 50