Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
4.3 /5
- Public University
Talk to ExpertMaster of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) at Ruhr-University Bochum Overview
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
at Ruhr-University Bochum
Offered at the PG level of study by the Ruhr-University Bochum, Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) is one of the top choices among international students around the globe. Students can do this course over a period of 2 years. Plus, candidates must meet the minimum score requirements for aptitude test and English proficiency exams such as IELTS, TOEFL and PTE for admissions to the university for Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT). 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. Note that this amount does not include:
- Housing
- Transportation
- Food
- Books and supplies
- Other miscellaneous expenses
Duration | 2 years |
Tuition & Fees | |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
Table of contents
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) at Ruhr-University Bochum Fees
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
at Ruhr-University Bochum
The fee breakup of the Ruhr-University Bochum Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) includes the first-year tuition fee and cost of living. The cost of living will include expenses like rent for accommodation, meals, and other utilities. Students must note that the total expenses are subject to vary, depending on the additional charges set by the Ruhr-University Bochum. Students can check the table given below to know more about Ruhr-University Bochum Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) fee breakup.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 0 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 1,17,178 |
| Semester Ticket/Transportation | INR 63,915 |
Calculated at the exchange rate of 1 Euro = INR 106.52549 | Tuition & expenses were last updated on 24ᵗʰ June 2025Download exam sample paper
IELTS
IELTS
TOEFL
PTE
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) at Ruhr-University Bochum Entry Requirements
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
at Ruhr-University Bochum
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Applicants must have a Bachelor's degree from a recognised institute or international equivalent with good grades
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TOEFL
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Convert your CGPA to GPA
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GPA
Percentage
CGPA
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PTE
- No specific cutoff mentioned
IELTS
- No specific cutoff mentioned
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Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) at Ruhr-University Bochum Rankings
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
at Ruhr-University Bochum
University Ranking
| Rank | Rank Publisher |
|---|---|
| #261 | |
| #186 | |
| #301 |
Ruhr-University BochumStudents Ratings & Reviews
4.3/5
10 Verified ReviewsStudent Views (Based on Reviews)
- 50% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Multi-dimensional
Sporty
Internships3.8
Part time work3.8
Post study jobs3.5
Quality of faculty5
Student Life4.4
Value for money4.8
Public transportation4.8
Safety4.6
Indian Food3.9
Permanent Immigration4.1
S
SNEHAJA SUJITHA
Master of Science in Chemistry - Batch of 2027
4.0
A Dynamic Academic Journey at Ruhr-University Bochum.
Tips: Moving to Bochum for uni is honestly just as much of a shock to your system outside the classroom as it is inside. People around here don't do fake politeness—they expect you to be exactly on time, tell it straight to your face, and just leave you to handle your own business. German university life expects you to be completely independent. While RUB has decent support offices, nobody is going to spoon-feed you. You have to handle your own bureaucratic paperwork, organize your own class schedules, and keep track of your deadlines with zero reminders.
Also, do yourself a massive favor and learn some basic German before arriving. Even if your master's program is entirely in English, navigating daily life outside the classroom will be an absolute nightmare without it. The communication style here is incredibly blunt—it's not necessarily mean, it's just very honest, which takes some getting used to. And you definitely have to get used to 'Sunday silence,' where literally every grocery store and shop completely shuts down and the city goes dead for the day.
When it comes to funding, I didn't actually get a scholarship myself. But if you need financial help, plenty of internationals apply for DAAD grants or RUB’s internal scholarship programs. Just know they look heavily at top-tier grades and whether you actually do volunteer work or social stuff on the side. Honestly, looking back, I'm really glad I made the move. The courses are tough but super practical, the concrete campus always has something happening, and living out here in Germany forces you to grow up and see the world in a completely different way.
Likes (Quality of faculty): I gave the faculty a full 5 stars because the professors here are brilliant and actually give a damn about whether you succeed or not. Unlike massive, faceless universities where you never see your lecturers, the professors in my department are super down-to-earth and easy to talk to. They keep their office doors open, and you can literally just walk in to debate course material, ask confusing questions, or get real-world career advice without feeling like you're wasting their time.
What really stands out about studying at RUB is how heavily they push applied learning. They don't just force you to memorize textbooks; the curriculum is packed with practical modules where you get your hands dirty on actual, real-world projects. As an international student, this is a massive lifesaver because it takes those dense, abstract theories and actually shows you how they work in the industry, which is exactly what you need to land a job later. Plus, the faculty is incredibly diverse. You’re learning from people from all over the world with completely different professional backgrounds, which completely changes the dynamic in the lecture halls and makes classroom discussions ten times more interesting.
Dislikes (Indian Food): I gave the Indian food situation a low rating because finding a genuine taste of home inside Bochum is honestly a massive headache. While the city has plenty of international spots, the complete lack of authentic Indian restaurants or proper South Asian grocery stores is a huge letdown. Honestly, having to drag myself all the way to Dortmund on the train just to get basic spices and lentils from an Asian market is an absolute pain, especially when I just want a proper meal after classes. It turns a simple grocery run into a whole afternoon trip, which seriously limits what I can cook on a busy weekday.
Right around campus and the Uni-Center, your daily options are basically just German bakeries, Turkish döner shops, and standard Italian pizza places. They aren't terrible—a quick bite will usually run you anywhere from 8 to 15 Euros, so it’s decent for a mid-range student budget. But eating döner and fries gets old fast. Because there aren't any specialized markets nearby, I’ve pretty much given up on eating out and choose to cook almost everything at home. Making my own meals is the only way I can actually get the flavor and heat I want without blowing through my monthly budget on overpriced, westernized restaurant food.
Total Monthly ExpenseEuro 700
Prepping time for classes25 hours/Week
Expected Annual SalaryEuro 13000
S
Sai Prathyusha Vipparthi
Master of Science in Computational Engineering - Batch of 2026
4.3
A place with lot of scope to learn.
Tips: - Germans are very nice people, and they are open to help students. But it's good if we learn German to speak with them. - I got an international scholarship for 6 months during my second semester from the university. I applied online. I submitted a few documents like a recommendation letter from a professor, a bank statement, transcripts, a motivation letter, and others. - I am completely satisfied with the course and university. The course is well recommended for students who did mechanical or civil in their bachelor's. The subjects are very well designed with tools and projects for industrial applications.
Likes (Value for money): For my course, there is no tuition fee. Students have to pay 360 eur per semester, which is the contribution fee; it includes the semester ticket (Deutschland ticket for travel), the social contribution fee, and all. I work at a university and other off-campus jobs to support myself financially (for room rent, food, and all).
Dislikes (Part time work): You can find a ton of job opportunities both on and off campus. Working as a student or research assistant for a professor is a massive plus—it gives you actual, hands-on experience in your field and puts extra cash in your pocket to help cover expenses. Students are allowed to work for 20 hours/week, and it is definitely manageable along with studies. Usually the minimum pay in Germany is around 14 EUR/hour. It slightly varies with the role and the place of work.
Total Monthly ExpenseEuro 700
Prepping time for classes30 hours/Week
Expected Annual SalaryEuro 55000
A
Anirudh Natarajan
MS in Materials Science and Simulation - Batch of 2026
4.3
MSS at ICAMS: A comprehensive materials modelling masters program
Tips: A cultural shift you might experience is that people here are very relaxed compared to the hypercompetitive environment in India. A Deutschlandstipendium worth 300 euros every month is possible for master's students, and you can get it before joining. Check the deadline for applying. Very satisfied with the course, university, and country.
Likes (Value for money): There is no tuition fee, since it is a public university in Germany. The course is one of its kind, because there are hardly any programs that focus on providing a holistic curriculum focusing on material modeling in all length scales. Opportunities for research are plentiful, and getting Ph.D. positions after a master's here is relatively easier. The coursework is also flexible and gives you the opportunity to choose what you want to specialize in.
Dislikes (Indian Food): I prefer cooking, but the university also has a vegan mensa (canteen) with subsidized food for students, which sometimes has Asian/Indian-style food. Otherwise, there are a handful of Indian restaurants in Bochum that serve decent food. There are also vegan burrito shops accessible by tram.
Total Monthly ExpenseEuro 800
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro
A
Anonymous
Master of Science in Computational Engineering - Batch of 2020
4.3
Best Course but with limited Job Oppurtunites
Tips: There is great work-life balance in Germany. This is the biggest cultural shift. I got a scholarship from my state called NTR Videshi Vidya. I got it by submitting my admission letter, GRE, and TOEFL scores. They gave me 10 lakhs. I am fully satisfied with the university, course, and country.
Likes (Value for money): There are literally no feelings for the education apart from the semester feelings. You need to only pay semester fees, which were around 330 euros at my time. So it's a great value for money. Especially since the courses are well taught. The only problem is the job market.
Dislikes (Internships): Few internships and heavy competition for CFD and FEM-related jobs. The field is saturated. Internships are not easy, and language matters a lot. Get a good grip on the German language before you come here. With language, internships are a little bit easier to get.
Total Monthly ExpenseEuro 1075
Prepping time for classes21 hours/Week
Expected Annual SalaryEuro 52000
S
Subhadeep Maity
Master of Science in Chemistry - Batch of 2026
4.3
A great choice for any student to pursue higher studies with world-class faculty and facilities.
Tips: If you're moving out here to study at RUB you need to brace yourself for some serious culture shock, especially when it comes to the academic side of things. The German university system is a completely different beast—the teaching style is way more independent, and your interactions with professors and faculty are far more formal and direct than what you might be used to back home.
Financially, things got a lot easier for me because I managed to secure a scholarship through the RESOLV cluster, which was a massive lifesaver for handling my expenses. Honestly, I’m incredibly satisfied with my choice to come to Bochum. The city itself is a fantastic, highly underrated place to live as an international student—it’s got a great student vibe, the cost of living won't completely break the bank, and the campus community makes it easy to find your feet.
Total Monthly ExpenseEuro 750
Prepping time for classes28 hours/Week
Expected Annual SalaryEuro 14000
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Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) at Ruhr-University Bochum Highlights
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
at Ruhr-University Bochum
- Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) is offered by Ruhr-University Bochum
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) at Ruhr-University Bochum Scholarships
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
at Ruhr-University Bochum
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Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT) at Ruhr-University Bochum Contact Information
Master of Science in Finance, Accounting, Auditing, Controlling & Taxation (FAACT)
at Ruhr-University Bochum
Address
Universitätsstraße 150
44801 Bochum
Bochum ( Other - Germany)
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