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Master of Science in Financial Engineering 

Shiksha popularity ranking
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#122 in World

#12 in Germany

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Master of Science in Financial Engineering
 at 
KIT Germany 
Overview

Duration

15 months

Tuition & Fees

18.43 Lakh
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International Students Admission Website

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Official Career Service Website

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Course Level

PG Degree

Master of Science in Financial Engineering
 at 
KIT Germany 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 18,42,660
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
InsuranceINR 1,12,607
Mandatory FeesINR 61,422
Info IconCalculated at the exchange rate of 1 Euro = INR 102.37 | Tuition & expenses were last updated on 10ᵗʰ July 2025

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Master of Science in Financial Engineering
 at 
KIT Germany 
Entry Requirements

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Master of Science in Financial Engineering
 at 
KIT Germany 
 
Frequently Asked Questions

Q:   How do I get into the Karlsruhe Institute of Technology from India?
A: 

To secure seat in KIT Indian students need to fill the application on timelyand fulfil basic eligibility criteria along with submission of application and submission of documentation like LORs, SOPs, academic records etc

Q:   Is KIT Germany free for international students?
A: 

As per Article 3 LHGebG (Baden-Württemberg Act on State University Fees), international students from third-countries / Non-EU countries attending bachelor’s, teacher’s, and consecutive master’s programs and free movers will have to pay the tuition fee of amount EUR 1,500 per semester. Students can check the cost of living in Germany for International Students from here.

Q:   How long does KIT take to process the applications?
A: 

In the case of a bachelor’s degree, Karlsruhe Institute of Technology takes 3 weeks to process the applications, whereas, in the case of master’s degree, 4-5 weeks is the processing time. The applications can be submitted online at KIT’s official website. The applicants are going to receive the outcome of their application via email. After this, log into to the portal and download the notice from there. In case, the applicants have received the admission letter, the applicants are required to then accept a study place in the application portal.  

Q:   How hard is it to get into Karlsruhe Institute of Technology?
A: 

Admission to th KIT is selective with a 26% acceptance rate implying that admissions are only difficult at some levels thus candidate must maintain good academic standing, have the previous qualification and present all required documents as specified in the document checklist.

Q:   What are the documents required to apply to Karlsruhe Institute of Technology?
A: 

Check Documents required for KIT admissions mentioned below

UG Degree

  • School leaving certificate in original language
  • Official translation of school leaving certificate - German and English translations are allowed
  • Country specific additional documents
  • Proof of German skills - Proof of B1 through confirmation of participation in B1 course

PG Degree

  • UG degree certificate in official language and official translation
  • Academic transcripts 
  • Internship certificates - For some of PG courses
  • Proof of language skills
  • Additional documents like LOR, motivation letter (As applicable)

Master of Science in Financial Engineering
 at 
KIT Germany 
Application Process

Step one
Prepare documents for application
Up Arrow Icon
LOR
  • Job reference (official letter of your current employer that states your position and how long you have been working there; signed by CEO or HR manager) 
  • Letter of Recommendation containing an assessment of your previously acquired competencies and their application to potential future management tasks (e.g. from a former employer or professor, or other close contact)
CV
  • Curriculum vitae is required

Master of Science in Financial Engineering
 at 
KIT Germany 
Rankings

Master of Science in Financial Engineering
 at 
KIT Germany 
Placements

ParticularsStatistics (2021)
Internship AvailableYes

Master of Science in Financial Engineering
 at 
KIT Germany 
 
Students also asked

Q:   How is the Karlsruhe Institute of Technology ranked?
A: 

According to the Shiksha Popularity Rankings, the overall ranking of the Karlsruhe Technical University is #13

Given below are the details of the ranks attained by the Karlsruhe Institute of Technology:

ParticularsShiksha Popularity Rankings
Overall University Ranking#13
Mechanical Engineering#3
Physics#4
Computer Science#6
Mathematics#8
Biology#17
Q:   How can I apply to Karlsruhe Institute of Technology?
A: 

KIT Germany admission process for bachelor’s and master’s courses is given below:

Bachelor’s Courses

  • First of all, fill out the online application of KIT
  • Then, submit the application to International Students Office (IStO) as per the deadline
  • After this, the application is processed by IStO
  • Next, the confirmation of admission takes place, which includes DSH and Admission Test for German classes / preparatory college and enrollment at KIT (if direct admission) for higher education studies

Master’s Degree Courses

  • Firstly, fill out the KIT online application
  • Then, submit the application to International Students Office (IStO) according the application deadline
  • After the submission of the application, it is processed by IStO
  • Processing of application by the Departmental Commission is also done
  • Next, the confirmation of admission happens. This includes enrollment at KIT (if direct admission) for higher education studies

Also Check: How to Apply for German Universities?

Q:   How can I get into a university in Germany?
A: 

To secure a seat at a German University students are required to satisfy the requirements below:

  • Attested copies of mark sheets of Standard X, XII and the UG degree (if applicable)
  • At least, two Academic LORs from professors who have taught you most recently.
  • If you have work experience then two LORs from the employer/manager who knows you well and can comment on your professional abilities
  • GRE or Statement of Purpose
  • Resume
  • Photocopied score reports of language tests and GRE/GMAT  (if applicable)
  • Portfolio (in the case of students applying for art and design courses or architecture programmes)
  • Others (Certificates/achievements at the state and national level, and extracurricular activities)
  • Proof of funds
  • Health insurance
Q:   Are there any subject rankings available for Business and Management Studies Courses by KITS, Germany?
A: 

Subjects Rankings are available at the Karlsruhe Institute of Technology's official website. The university is ranked by the QS Subject Ranking 2025. Business & Management Studies Courses are ranked #301-350 globally and #10-12 nationally by the QS Subject Ranking 2025. 

The table below mentions the Business & Management Studies Courses Subject Rankings: 

Ranking Bodies 

Ranking 

Business and Management Courses by QS Ranking 2025 Globally 

#301-350 

Business and Management Courses by QS Ranking 2025 Nationally 

#10-12 

Business & Management Studies by Shiksha Popularity Ranking Germany 

#19 

Q:   What are the additional costs students must pay while studying Teaching & Education Courses at Karlsruhe Institute of Technology?
A: 

Most of the Teaching & Education courses at KIT, Germany are free of cost or have a low tuition fee. But there are some living expenses and some of the mandatory additional charges at the university that students are required to pay. Some of these additional charges for 1 year are mentioned below: 

Mandatory Additional Charges 

Fees 

Studierendenwerk charge 

€109,50 

Administrative charge 

€80,00 

Students Union charge 

€12,00  

 

Fees components 

Amount 

Insurance 

€ 1,100 

Transportation 

€ 600 

Other Expenses (Incl Hostel) 

€ 8,632 

Total approx fees 

€ 10,332 

Karlsruhe Institute of Technology
Students Ratings & Reviews

4.1/5
Verified Icon3 Verified ReviewsInfo Icon
Student Views (Based on Reviews)
  • 67% students never faced discrimination in this university
Vibe of Campus
Multi-dimensional
Academically oriented
Sporty
Stressful
Internships4
Part time work4
Post study jobs4.3
Quality of faculty4.3
Student Life4
Value for money3.7
Public transportation4.3
Safety4.7
Indian Food3.3
Permanent Immigration4.3
S
Smrithi Udhayakumar Biji Verified Icon
MSc in Remote Sensing and Geoinformatics - Batch of 2026
4.2
Great campus and very amicable staffs and professors.
Tips: Before joining this college, students should know that knowing German up to the B1 level will be an advantage. Scholarships are available for women, and students get a lot of things at a discounted rate, including insurance and travel. I personally like Germany and its work culture, and everything here is a piece of cake if you know German. However, the top preference will be for German-speaking people with at least B1 level German.
Likes (Quality of faculty): The professors provide excellent guidance and use well-equipped teaching strategies. They are very understanding and very liberal. They are very involved in the students' calibre and are great mentors. They have a really cool structured program for a better understanding. So far, I have no complaints.
Dislikes (Indian Food): Indian restaurants are a bit too expensive, especially for students who are working part-time and trying to manage their expenses. Turkish takeaway is a better option for students, or you can eat at franchises like McDonald's. Learning to cook for yourself is the best option.
Total Monthly ExpenseEuro 650
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro 60275
Reviewed on 11 Nov 2024Read more
Thumbs Up IconThumbs Down Icon
A
Alfred Lawrence Verified Icon
B.Ed./BSc in Informatics (In German) - Batch of 2026
3.6
Top university of Germany
Tips: Karlsruhe Institute of Technology is one of the most famous and renowned institutions in Germany. It is also in the ranking of top 4 universities in Germany and secures the best ranking in the subject of Computer Science. Being a top university a student is expected to spend a major part of their time studying and doing worksheets on a regular basis. Things can get a bit hectic sometimes, but in the end, you will be given recognition for passing out from this prestigious institution.
Total Monthly ExpenseEuro 851
Prepping time for classes35 hours/Week
Expected Annual SalaryEuro
Reviewed on 13 Feb 2023Read more
Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
Sagnik Ghosh Verified Icon
BSc in Mechanical Engineering (German) - Batch of 2024
4.5
Helpful information about Karlsruhe Institute of Technology.
Tips: The tuition fees for all the international students in all the universities in Baden-Württemberg state of Germany is 1500 Euros at least. Knowing German language would be extremely helpful to connect with other students, but living in Karlsruhe without knowing German is also possible. Everyone at the Bürgerbüro can speak English and a lot of shopkeepers do it too.
Likes (Post study jobs): KIT has a very good reputation among everyone and the employers in Germany. Mechanical Engineering and Informatics are two of the most popular programs here and after successfully getting the degree, getting a job at a company like Mercedes Benz or Siemens is relatively easy.
Dislikes (Public transportation): The free public transport zone included for students here is not as big compared to other cities in Germany, and public transport is only accessible for free from 6pm-6am every weekend. It is available for free on every holiday. But the quality of transport is very good. A network of bus and trains is provided for a pretty good range of travel, even upto a French city called Lauterbourg.
Reviewed on 7 Feb 2022Read more
Thumbs Up Icon(1) Thumbs Down Icon1 person found this helpful
View All 3 ReviewsRight Arrow Icon

Master of Science in Financial Engineering
 at 
KIT Germany 
Highlights

  • The Master Program in Financial Engineering provides innovative solutions of pricing, hedging, trading, and portfolio management problems by employing advanced mathematical methods and computer technology
  • Graduates will be qualified to consider challenges in the financial sector from an engineer's point of view and to develop and optimize innovative solutions on the basis of fundamental economic laws
  • Students are taught topics like:
  • Risk management: risk analysis, risk sensitiveness, risk assessment, and risk rating
  • Machine learning for risk and asset management
  • Financial technologies: financial prototyping & modeling with python
  • Safety & security in IT systems (e.g. computational models to predict returns and to solve quant finance problems with modern software)
  • Analysis of projects regarding the associated information, service and finance products used from the innovation to the product launch and after
  • Asset management & optimal investment portfolios
  • Derivatives: sensitivity analyses, static & dynamic trading strategies
  • Master thesis: The course includes 6 months project work
Read more

Master of Science in Financial Engineering
 at 
KIT Germany 
Scholarships

Scholarship information is not available. You can apply to non-college specific scholarships available for Germany.
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Anushree is a Graduate in Bachelor's degree in Journalism and Mass Communication and takes keen interest in content creation. She has affinity for writing and travelling around the world takes the top spot on her bucket list. Bringing out the creativ...Read Full Bio

Master of Science in Financial Engineering
 at 
KIT Germany 
 
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Master of Science in Financial Engineering
 at 
KIT Germany 
Contact Information

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Kaiserstrabe 12
76131 Karlsruhe

Karlsruhe ( Other - Germany)

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