Career prospects with the Master with Major Accounting
The Accounting major as part of the Master's degree programme in Business Administration of the School of Business an Economics at the University of Münster aims to train highly qualified specialists and future leaders. With a strong focus on analytical skills and quantitative methods, we optimally prepare our students to master complex tasks and challenges in the globalised economy, administration and research. This opens up a wide range of career opportunities, which are illustrated below by some of our alumni.
The Career Development Center (CDC) of the School of Business an Economics provides advice on planning your personal career path, especially when looking for internships and starting a career.
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Career in banking and insurance
My path into the insurance industry
"The broad education at the University of Münster provided me with valuable knowledge in finance and risk management, which has helped me enormously in my career in the insurance sector. The analytical skills I acquired there enable me to make sound strategic decisions and manage financial risks effectively."
- Dr. Florian Gallasch, Head of Accounting, ERGO Group
My path into the insurance industry
"During my Bachelor's and Master's degree programme with a focus on accounting at the University of Münster, I was not only able to acquire sound specialist knowledge in the areas of accounting and controlling, but also gain valuable practical experience as a working student at LVM Versicherung. The flexible programme structure enabled me to combine my studies with practical work in an insurance company. The "Insurance Economics" module helped me to better understand the financial and regulatory challenges of the industry, while the ACM 15 elective module enabled me to take the Finance module "Risk Management in Insurance" and further deepen my expertise in the assessment and management of insurance and financial risks. Today - after starting as a trainee - I am involved in strategic and company-wide issues as an assistant to the Executive Board at LVM Versicherung. The combination of a sound academic education and practical experience forms the ideal basis for this."
- Marie Wierlemann, Executive Assistant, LVM Versicherung
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Career in the finance function of a company
My path into the finance function
"The wide range of specialization options at the University of Münster prepared me perfectly for the challenges as CFO. The in-depth training in accounting, controlling and strategic corporate management is a very important basis for my work and helps me to make sustainable decisions and ensure the financial stability of our company."
- Dr. Kathrin Köhling, CFO, LEG Immobilien SE
My path into controlling
"During my accounting studies, I acquired extensive specialist knowledge, which now forms the foundation of my work as a trainee at MAN. The skillset I developed during my studies supports me in preparing investment decisions and managing the performance of our foreign subsidiaries. In addition, my understanding of accounting and controlling processes helps me to implement SAP transformation projects. The skills I gained by participating in one of the largest international case study competitions and during my semester abroad in the USA broaden my understanding of other cultures and enhance my ability to work in a team."
- Christian Haupt, Global Trainee Controlling, MAN Truck & Bus SE
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Career in research
My path to a PhD
"The Master's program opened the doors to a doctorate for me. In particular, the wide range of research-related courses, as well as the seminar papers and my Master's thesis, prepared me ideally for investigating scientific issues empirically. The analytical skills I acquired during my studies are indispensable in my daily research work and enable me to explore exciting issues in the field of managerial accounting research."
- Jan-Florian Kawalla, research assistant and doctoral candidate, Goethe-Universität Frankfurt
My path into research and teachin
"My studies, my doctorate and my habilitation at the University of Münster gave me the methodological and analytical skills that are essential for an academic career. The intensive examination of current research issues in accounting has awakened my enthusiasm for science and inspired me to contribute to research myself. Today, I use my experience in research and teaching to train the next generation of accounting experts and further develop the field of financial accounting."
- Prof. Dr. Corinna Ewelt-Knauer, Director of the Chair of Financial Accounting, Justus-Liebig-Universität Gießen
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Career in investment
My path into private equity
"Studying at the University of Münster gave me an excellent foundation for my career in private equity. The in-depth training in company valuation, financial analysis and strategic corporate management helps me today to make sustainable investment decisions, identify value enhancement potential and manage the development of our portfolio companies in a targeted manner."
- Dr. Michael Siefke, Partner, Bain Capital
My path into investment banking
"The Master in Accounting and Finance provided me with excellent preparation for the technical aspects of investment banking. Thanks to the flexible course structure, I was able to focus specifically on business analysis, accounting, corporate finance and capital market theory. I also had the opportunity to spend a semester abroad at a renowned partner university and plan a semester off for internships – this allowed me to gain valuable international experience and deepen my practical knowledge in a targeted manner."
- Thomas Quiring, Investment Banking Analyst, Citi Group
My path into venture capital
"Thanks to the flexible course structure and the integrated semester abroad, I was able to tailor my course selection to my career goals. The modules 'Strategic Management Accounting' and 'Business Analysis and Valuation' in particular provided me with valuable knowledge that made it much easier to analyze financial and business models as well as the key KPIs of SaaS and AI start-ups. The experience and knowledge from the Master's program helped me to quickly immerse myself in the world of venture capital, to actively shape investment decisions and to support our startups in which we have already invested in an advisory capacity."
- Marc Jonas Rott, Associate Finance & Operations, Scalehouse Capital
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Career in sustainability
My path into sustainability consulting
"What I still appreciate about my Bachelor's and Master's degree with a focus on accounting is the combination of solid theory and practice-oriented application. This foundation not only enables me to advise on traditional finance and controlling topics, but has also given me the confidence and skills to quickly familiarize myself with new, dynamic areas such as sustainability strategies and reporting."
- Kristin Neuwerth, Managing Consultant, Horváth
My path into sustainability consulting
"In my role as a consultant, I help companies of all sizes and from a wide range of industries to take action on the topic of sustainability. In dialog with my clients, it is important to include strategic considerations as well as regulatory details and key financial figures in order to reconcile the improvement of environmental and social performance with day-to-day business operations. The ACM has prepared me perfectly for this with its carefully targeted teaching and an excellent team of lecturers."
- Robin Frank, Senior Consultant Sustainability, fjol GmbH
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Career in tax consulting
My path into tax consulting
"During my time at the School of Business and Economics, I was able to deal intensively with issues relating to the national and international taxation of companies. Today, I can apply the knowledge and skills I gained in my consulting practice on a daily basis. I am very pleased to continue to be associated with the faculty and now teach the subject matter to students in the Accounting major as a lecturer and to inspire them to take a deeper look at the content covered outside of the lectures."
- WP/StB Dr. Fabian Riegler, Partner, Pelka & Partner mbB
My path into tax consulting
"As a tax consultant and auditor, it is important for me to be competent not only in the areas of tax and accounting. In order to meet clients at eye level and understand their business challenges, you need a broad foundation in business administration. This is exactly what my studies at the University of Münster offered me: in addition to a strong technical specialization, I was able to build up comprehensive knowledge in key areas of business administration. This combination was crucial for my career entry and further development."
- WP/StB Dr. Tobias Tebben, Partner, HLB Schumacher GmbH
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Career in management consulting
My path into restructuring consulting
"My Master's degree at the University of Münster with a focus on accounting gave me the analytical and methodological skills that are essential for my work in restructuring and transformation consulting. The in-depth training in accounting, company valuation and financial management helps me today to provide strategic support to companies in challenging situations and to develop sustainable solutions."
- Daniel Enders, Director, FTI-Andersch
My path into strategy consulting
"During my studies at the University of Münster, I honed my analytical skills and developed a deep understanding of economic interrelationships. I benefit from this today in management consulting - especially at the interface between accounting and strategic corporate management. I also associate my time in Münster with great people and a city worth living in, where student life is not neglected."
- Tobias Peterssen, Consultant, Boston Consulting Group
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Career in auditing
My path into auditing
"Studying at the University of Münster gave me a comprehensive understanding of accounting, regulation and auditing. The combination of theoretical depth, practical insights and the exchange with renowned experts prepared me ideally for my career. Today, this in-depth training enables me to actively shape the further development of financial and sustainability reporting and the future of auditing."
- WP/StB Dr. Daniel Siegel, Member of the Executive Board, Institute of Public Auditors in Germany (IDW)
My path into auditing
"The in-depth training in accounting and especially in financial reporting at the University of Münster prepared me perfectly for the challenges in the field of accounting advisory. In particular, the comprehensive insights into IFRS and national accounting help me today to competently advise clients on challenging accounting issues."
- WP Prof. Dr. Tim Hoffmann, Partner in the Accounting and Reporting Advisory Services division, Deloitte GmbH WPG