Master of Science in Financial Engineering
4.3 /5
- Public Institute
Talk to ExpertMaster of Science in Financial Engineering at KIT Germany Overview
Master of Science in Financial Engineering
at KIT Germany
Offered at the PG level of study by the Karlsruhe Institute of Technology, Master of Science in Financial Engineering is one of the top choices among international students around the globe. Students can do this course over a period of 15 months. Plus, candidates must meet the minimum score requirements for aptitude test and English proficiency exams such as IELTS and TOEFL for admissions to the university for Master of Science in Financial Engineering. Also, they must submit all the required documents. When it comes to the expenses of studying this program, the cost is divided into two parts, annual tuition cost and the cost of living. The annual Karlsruhe Institute of Technology tuition fee for Master of Science in Financial Engineering is around Euro 18,000 (INR 1,993,140). Note that this amount does not include:
- Housing
- Transportation
- Food
- Books and supplies
- Other miscellaneous expenses
Duration | 15 months Get Curriculum |
Tuition & Fees | ₹19.65 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
Table of contents
Master of Science in Financial Engineering at KIT Germany Fees
Master of Science in Financial Engineering
at KIT Germany
Students can pursue Karlsruhe Institute of Technology Master of Science in Financial Engineering at an affordable cost. The university tuition fees for the program is Euro 18,000 (INR 1,993,140). Apart from tuition fees, students also manage additional costs such as Hostel & Meals, Transportation, Books and Supplies, Personal Expenses, etc. The total expense may vary at the university, depending on the additional charges levied by the Karlsruhe Institute of Technology.
Students can check the table below for Karlsruhe Institute of Technology Master of Science in Financial Engineering fee breakup:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 19,64,694 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 1,20,065 |
| Mandatory Fees | INR 65,490 |
Calculated at the exchange rate of 1 Euro = INR 109.14964 | Tuition & expenses were last updated on 13ᵗʰ May 2026Master of Science in Financial Engineering at KIT Germany Curriculum
Master of Science in Financial Engineering
at KIT Germany
Latest curriculum for Master of Science in Financial Engineering at KIT Germany can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in M.Sc. at KIT Germany
Download exam sample paper
IELTS
IELTS
TOEFL
Master of Science in Financial Engineering at KIT Germany Entry Requirements
Master of Science in Financial Engineering
at KIT Germany
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 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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GPA
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CGPA
Out of 10
3 year degree accepted
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Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
TOEFL
- Marks - 90/120
- A minimum score of 90
-
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IELTS
- Marks - 6.5/9
- A minimum score of 6.5
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Work Experience
- Minimum: 12 months
- Minimum 2 years professional experience
Other eligibility criteria
- The final interview will be conducted via video call/in-person with the Admissions Committee of the PG program.
- A 30 minute interview is intended to show personal motivation, engineering expertise and aim when continuing your academic journey.
Sign-up to view details
Master of Science in Financial Engineering at KIT Germany Frequently Asked Questions
Master of Science in Financial Engineering
at KIT Germany
Master of Science in Financial Engineering at KIT Germany Application Process
Master of Science in Financial Engineering
at KIT Germany
Step one
Prepare documents for application
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
Step two
Additional documents required
- 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
Step three
Start your online application
Step four
Application deadline
Winter (Oct): 15th July
Summer (Mar): 15th Jan
*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!
Master of Science in Financial Engineering at KIT Germany Rankings
Master of Science in Financial Engineering
at KIT Germany
University Ranking
| Rank | Rank Publisher |
|---|---|
| #5 | |
| #166 | |
| #278 |
Master of Science in Financial Engineering at KIT Germany Placements
Master of Science in Financial Engineering
at KIT Germany
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Master of Science in Financial Engineering at KIT Germany Students also asked
Master of Science in Financial Engineering
at KIT Germany
Karlsruhe Institute of TechnologyStudents Ratings & Reviews
4.3/5
16 Verified ReviewsStudent Views (Based on Reviews)
- 56% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Stressful
Friendly
Internships3.9
Part time work4.1
Post study jobs4.4
Quality of faculty4.5
Student Life4.2
Value for money4.6
Public transportation4.7
Safety4.8
Indian Food3.8
Permanent Immigration4.1
H
Harshit Sah
BSc in Mechanical Engineering (German) - Batch of 2028
4.2
hard & stressful research and academia but worth it
Tips: It's stressful, at least for Bachelor's. If you cannot handle a hard course, don't come cultural its a normal German university. You won't know anyone. You just study and leave there are scholarships, but super hard to get, like the Deutschlandstipendium. I would say, on the basis of the university, course, and country, it's a 7.5/10.
Likes (Post study jobs): Alot of people don't know but Karlsruhe is a industrial giants of germany, it is in southern germany which is known for manufacturing and it has 100s of headquarters of companies and industries and due to initial barrier of 1500 euros per semester tuition feels by the state, the competition is drastically lower than those studying in states with little to no semester feels also KIT is a only hyperscale research university and a technical university combined in whole of germany, generally in germany research and teaching are done by different institutions but here its KIT does everything so there is alot of opportunities in being research assistant to professors and thesis people.
Dislikes (Student Life): It has a massive class size, generally, you just enter the hall, study, and leave. You will most likely not know more than 3 people in the entire study, and the city itself is really small, so there's not much happening. The max you have here is the semester opening parties, and that's it.
Total Monthly ExpenseEuro 600
Prepping time for classes40 hours/Week
Expected Annual SalaryEuro 48000
V
Vivek Vijayadas
BSc in Mechanical Engineering (German) - Batch of 2027
4.2
challenging but rewarding experience
Tips: Very good university, the courses are very stressful, and the schedule is also very tough, but overall it provides a lot of opportunities that are very beneficial. The quality of education is very high, and the university has a very good reputation within the industry. There are also plenty of indian students and a strong indian community in Karlsruhe.
Total Monthly ExpenseEuro 900
Prepping time for classes12 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Mechanical Engineering - Batch of 2025
3.5
Good experience with cutting edge research facilities
Tips: I was there for my exchange programme to do my thesis, so I didn't take any courses, but I had friends who were doing a Bachelor's. With the current situation, it's not very easy to find internships, and it can get stressful if you have taken out a loan. I was getting a DAAD scholarship of around 1000 euros per month, so that is enough, but it depends on your lifestyle and the apartment rent, which can be high. It's a very good city to live in. The tuition fee for international students is high for a Master's, but I was on exchange, so I didn't have to pay any.
Total Monthly ExpenseEuro 700
Prepping time for classes24 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Computer Science - Batch of 2026
4.3
Beyond the lectures. Life at KIT
Tips: No prerequisites, but you should be familiar with German culture. At our time, there was no entrance exam for the college, but now they have mandated the GRE and an entrance examination. I am very much satisfied with the course offered here at kit that too in English.
Likes (Student Life): It's a very good city for the student to live in. KIT offers learning from experienced professors, exploring different domains. Life here is a little demanding academically, lectures, assignments, part time. KIT also offers dynamic opportunities to build communication to get involved in student activities and cultural activities.
Dislikes (Internships): There is a good chance of getting internship if you search properly. And sometimes you will get internships not related to your field but you can always build connections that will help you in future. You can always go through the platform like linkedin and some other Germany specific to find Internships and part time.
Total Monthly ExpenseEuro 700
Prepping time for classes10 hours/Week
Expected Annual SalaryEuro 45100
M
Mrunal Mangesh Devalapurkar
MSc in Mechanical Engineering - Batch of 2028
5.0
Excellent Research Oriented Education with Strong Faculty and Global Exposure.
Tips: Coming to KIT, one thing I'd tell any student is this: be ready to learn on your own. There's no spoon-feeding here. The academic environment is genuinely tough, and professors expect you to take charge of your own progress instead of waiting to be taught everything step by step.
Honestly, moving from India wasn't easy at first. The food took some getting used to, the culture felt different in small ways I hadn't expected, and there were days I really missed home and family. Classes here work differently too — you're expected to speak up, question things, argue your point if you disagree, and basically run your own schedule without anyone reminding you. Little things, like how people communicate or what's considered "normal" daily life, took some adjusting to as well. But KIT's student body is incredibly international, so you're never really alone in figuring things out — there's always someone from another country going through the same thing, and that makes a huge difference.
On the scholarship side, my honest advice is: don't wait. Start looking early because funding in Germany is competitive, and the good ones fill up fast. I'm currently on the Deutschlandstipendium myself, which gives 300 euros a month. There are other options floating around too, so it's worth digging through them and seeing what you actually qualify for.
Looking back, I'd say my time at KIT has been genuinely worth it. The Mechanical Engineering program has given me real exposure — both academically and through research — and being in Germany adds another layer, since you're close to some serious engineering and industry work. Just go in knowing it's demanding. Between coursework, managing daily life, and maybe juggling a part-time job, you'll need to stay organized and a little stubborn about your goals.
Likes (Safety): KIT provides a balanced life where you have academic, social, and personal growth, and that is why I rated it 5. Being a Mechanical Engineering student at KIT, my everyday routine involves lectures, tutorials, assignments, project work, HiWi jobs (student assistants in the projects being carried out in the department), independent studies, and much more. The best part about the studies here is the blend of academic discipline and interaction with other students from different countries. KIT constantly organizes student parties, cultural activities, sports activities, career fairs, workshops, introductory activities, research, and much more. All my interests lie in the social and cultural activities because it gives us an opportunity to make friends and relax from the academic disciplines. There are plenty of student communities at KIT, ranging from sports, music, culture, entrepreneurship, technology, international students' activities, and much more. It's easier for students with various interests to join any community that matches their interests. I particularly like the international student community that organizes a buddy programme comprising activities such as Trips, hiking, run club, tech events, board games, and much more.
Total Monthly ExpenseEuro 700
Prepping time for classes30 hours/Week
Expected Annual SalaryEuro
View All 16 Reviews
Master of Science in Financial Engineering at KIT Germany Highlights
Master of Science in Financial Engineering
at KIT Germany
- 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
Master of Science in Financial Engineering
at KIT Germany
Scholarship information is not available. You can apply to non-college specific scholarships available for
Germany.
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Master of Science in Financial Engineering at KIT Germany Contact Information
Master of Science in Financial Engineering
at KIT Germany
Address
Kaiserstrabe 12
76131 Karlsruhe
Karlsruhe ( Other - Germany)
Phone
Email
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