

Master of Science in Financial Engineering
- Public Institute
Master of Science in Financial Engineering at KIT Germany Overview
Karlsruhe Institute of Technology is among the popular universities to study Master in Financial Engineering (FE) from abroad. The duration of Master in Financial Engineering (FE) program is 2 years. Indian students are required to plan their cost of living (accommodation, groceries, insurance, utilities, etc.) apart from tuition fees to study at the university. Indian students must meet the Karlsruhe Institute of Technology admission requirements to study the course. Indian students must submit an online application by the course deadline to get into the university.
Duration | 15 months |
Tuition & Fees | ₹18.43 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Financial Engineering at KIT Germany Fees
Students interested in pursuing a Master in Financial Engineering (FE) from Karlsruhe Institute of Technology must fulfil the associated monetary requirements that come with the course. The fee structure includes the payment of the first-year tuition fee. Students must also plan for some other costs they may incur associated with living in Germany such as rent, food, medical, travel and other expenditures. The cost may vary as per the lifestyle being pursued by the students and some other fees that may be charged by Karlsruhe Institute of Technology over the duration of studies. For a more detailed fee breakdown regarding the Master in Financial Engineering (FE) from Karlsruhe Institute of Technology, refer the table given below:
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 18,42,660 |
| Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 1,12,607 |
| Mandatory Fees | INR 61,422 |
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Master of Science in Financial Engineering at KIT Germany Entry Requirements
- No specific cutoff mentioned
- No specific cutoff mentioned
- Read less
- Applicants must hold a Bachelor, Master, Diploma, in a relevant subject, such as Engineering, Natural Sciences, Information Science or Economics.
- First university degree in:
- Economics
- Business informatics
- Business mathematics
- Industrial engineering
- Physics
- or a related subject
- Applicants must have basic knowledge in Higher mathematics or stochastic
- Basic knowledge in one of the following fields:
- Micro- and macroeconomics
- Finance or internal and external accounting
- In exceptional cases, other degrees may be accepted (e.g. depending on professional experience)

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Out of 10
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Out of 10
- Marks - 90/120
- A minimum score of 90
-
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- Marks - 6.5/9
- A minimum score of 6.5
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- Minimum: 12 months
- A minimum of 1 - 2 years of professional experience in the specific field of the Master Program (depending on the first degree´s level); HECTOR Schools recommendation: atleast 3 years
- The final interview will be conducted via video call or in-person with the Admissions Committee of the Master’s program.
- This 30-minute interview is intended to show your personal motivation, your engineering expertise and your aim when continuing your academic journey.
Master of Science in Financial Engineering at KIT Germany Frequently Asked Questions
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)
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
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.
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.
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.
Master of Science in Financial Engineering at KIT Germany Application Process
- English language proficiency score
- Academic transcripts:
- Certificates (e.g. Bachelor certificate, transcript of records, diploma supplement)
- Passport photograph
- Optionally, other documents proving the qualification
- Declaration of financial support
Master of Science in Financial Engineering at KIT Germany Rankings
| Rank | Rank Publisher |
|---|---|
| #166 | |
| #59 | |
| #278 |
Master of Science in Financial Engineering at KIT Germany Placements
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Master of Science in Financial Engineering at KIT Germany Students also asked
According to unofficial sources, Karlsruhe Institute of Technology acceptance rate is around 26%. This demonstrates that university is tough to get into. University usually prioritizes academic qualification, English language proficiency, interview and applicant background. To improve chances of selection, students must aim to score high in academics and perform best in interviews.
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:
| Particulars | Shiksha Popularity Rankings |
|---|---|
| Overall University Ranking | #13 |
| Mechanical Engineering | #3 |
| Physics | #4 |
| Computer Science | #6 |
| Mathematics | #8 |
| Biology | #17 |
The language of instruction of MSc in Computer Science is German. KIT admissions requirements for the MSc in Computer Science course are given below:
- A passed bachelor’s degree or at least an equivalent degree in the bachelor’s degree program in Computer Science or degree programme with essentially the same content at a university, technical college or vocational academy or dual university at a foreign university. Also, note that the concerned course must have been completed over a standard period of study of at least 3 years with a minimum of 180 ECTS points
Minimum achievements in the following areas are required:
- Theoretical Computer Science – 15 credit points
- Practical Computer Science – 30 credit points
- Technical Computer Science – 8 credit points
- Mathematics – 25 credit points
Foreign Language
Also, international students need to show knowledge of the German language. For the application, a B1 level of knowledge is required. At the time of enrolment, the applicants can submit a DSH2 certificate or an accepted equivalent thereof
Also Read: MS in Computer Science in Germany
Starting a new journey in the Karlsruhe Institute of Technology is a very thrilling experience. In order to make the most of it, students must keep the following points in mind:
- Do emphasise research work;
- Concentrate on studies and do follow the curriculum;
- Actively participate in co-curricular activities and events;
- Attend office hours to ask questions about the classes and get to know the teachers; and
- Get in touch with Academic Support Center for queries and support.
Cost of living in Germany can range between EUR 500 - 800. Check the table mentioned below.
| Residence Type | Cost of Living (Monthly) | Cost in INR |
|---|---|---|
| Single room in student residences | EUR 200 - EUR 250 | INR 18.3 K - 23 K |
| Room in a shared flat | EUR 250 - EUR 350 | INR 23 K - 32.1 K |
| One-person apartment | EUR 300 - EUR 400 | INR 27.5 K - 36.6 K |
| Flat for two persons | EUR 500 - EUR 600 | INR 45.8 K - 55 K |
Karlsruhe Institute of TechnologyStudents Ratings & Reviews
- 67% students never faced discrimination in this university

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
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