Entrance Qualifications

To be eligible for the Master in Finance and Information Management, an application must meet all of the following criteria:

• Hold a Bachelor’s degree (requiring at least 6 semesters of study) or equivalent in Economics, Industrial engineering, Information Systems, Mathematics including financial and business mathematics, Statistics or another related study field.
• Have successfully completed modules worth at least 5 ECTS in Scientific writing in the context of a bachelor thesis, a project, a scientific paper or a comparable paper.

• We would like to inform you that applicants with a Bachelor’s degree from China, Bangladesh, India, Egypt and Pakistan have to submit a GMAT (classic/focus) with at least 65% percentile ranking. For more information please click here.                                                                                                           

• It is our primary goal to support students in the best possible way during their application process. If you have any questions or doubts regarding your application, please do not hesitate to contact us. We will be happy to assist you.

• For applicants from other countries, the GMAT remains optional. However, depending on the GMAT score, additional points will be awarded at the first stage of the assessment procedure. The changes will apply for applications for the winter semester 2023/24 and onwards. Please find further information in the info sheet “How does the assessment procedure work?”

   

  Furthermore, ranking certificates are not considered anymore. We use the overall grade for evaluating applications.

• Applicants must also be able to prove that they are proficient in the English language at the time of application. In addition to accepted English language proficiency certificates across TUM study programs, applicants can prove their English language knowledge with a previous university degree that was taught and assessed in English entirely or at least 12 ECTS thereof. The 12 ECTS can include courses and/or your final thesis. Please use this form only in case the 12 ECTS rule applies to you. A GMAT (classic/focus) with at least 53% percentile ranking will be accepted as proof of English language proficiency.

Please note that to be eligible to apply for the Master in Finance and Information Management program an application must meet all of the above-mentioned criteria. No conditional admission will be given, in case an applicant does not meet the entrance requirements at the time of application! It is not necessary to prove any knowledge of the German language at the time of application. However, as a foreign student, you are required to provide proof of basic German language proficiency (comparable to A1 level) by the end of the second semester.

Important: The application process by TUM runs completely online. You no longer have to submit any hard copies to TUM at this point. For enrollment, you will have to hand in certain documents in a specific form – e.g. as notarized hard copies. Please note that if you are an international student applying via uni-assist, you will still have to send notarized hard copies to uni-assist.

Your application will proceed through TUMonline. A guideline about the application in TUMonline can be found here.

If you did not obtain your first degree (usually a Bachelor’s degree) in a country within the European Union (as well as Norway, Iceland, Switzerland and Liechtenstein) you have to apply via uni-assist in addition to TUMonline. Uni-assist will make a preliminary evaluation on whether you meet the entry requirements for the Master program at TUM. Please note that the uni-assist application needs to be completed before the end of the application period, however, the document that uni-assist will provide you with (VPD), can be handed in later, even after the application period has ended.

All applicants, who wish to apply for a degree program at a German university with a Chinese, Vietnamese or Indian school or university degree need a certificate from the Academic Evaluation Center (Akademische Prüfstelle, APS). 

We follow a two-stage assessment procedure to be able to select the best possible candidates for the Master in Finance and Information Management. In the first stage of the assessment procedure, candidates are evaluated based on their previous academic background. If an applicant’s eligibility is still questionable after stage 1, the applicant will move on to stage 2, where the academic background as well as the essay will be evaluated.

We expect a high standard of scientific work from our applicants. Therefore, independently of the result in stage one, all essays will be checked to see if they comply with these standards.  Applicants who do not meet them, as in cases of plagiarism or the use of AI (e.g., Chat GPT, DeepL, Grammarly, etc) evidenced in the essay,  will be excluded from the process.  Essays are evaluated on the applicant's original work and the use of manual skills. We do not allow the use of AI technologies for idea creation, structuring, editing, or assignment completion.