Master of Science in Finance (M.Sc.)
4.3 /5- Public University
Talk to ExpertMaster of Science in Finance (M.Sc.) at SUAS Overview
Master of Science in Finance (M.Sc.)
at SUAS
Schmalkalden University of Applied Sciences is one of the finest universities in Germany. Schmalkalden University of Applied Sciences provides Master of Science in Finance (M.Sc.) at PG level. The duration of this course is 18 months. This course attracts students from all over the world. To enrol in this course, international students must fulfil all the admission requirements. The admission requirement at the Schmalkalden University of Applied Sciences include standardized tests like IELTS, TOEFL and PTE. Moreover, the students must be ready for other expenses such as rent, hostel fees, food, books, supplies, utilities, etc.
Duration | 18 months |
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 (M.Sc.)
Table of contents
Master of Science in Finance (M.Sc.) at SUAS Fees
Master of Science in Finance (M.Sc.)
at SUAS
When planning for the Master of Science in Finance (M.Sc.), applicants should consider the financial aspects involved. Additionally, it is also important to account for living expenses such as accommodation, food, and utility costs. Such expenses may vary according to living styles and other fees added by the Schmalkalden University of Applied Sciences. To know about the complete breakdown of the Schmalkalden University of Applied Sciences Master of Science in Finance (M.Sc.) fee structure and all other cost-element-wise expenditures for an elaborate cost overview, please check the table below.
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 1,20,064 |
| Mandatory Fees | INR 65,489 |
Calculated at the exchange rate of 1 Euro = INR 109.14914 | Tuition & expenses were last updated on 16ᵗʰ April 2025Download exam sample paper
IELTS
IELTS
TOEFL
PTE
Master of Science in Finance (M.Sc.) at SUAS Entry Requirements
Master of Science in Finance (M.Sc.)
at SUAS
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- N/A
- The programme is intended for students with an undergraduate degree in business, economics, management or related areas - especially with an international degree or international orientation - who have a strong interest in finance and wish to pursue a career in this area
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GPA
Percentage
CGPA
Out of 10
TOEFL
- No specific cutoff mentioned
-
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Convert your CGPA to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 10
PTE
- No specific cutoff mentioned
IELTS
- No specific cutoff mentioned
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Conditional Offer
- Not mentioned
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Master of Science in Finance (M.Sc.) at SUAS Application Process
Master of Science in Finance (M.Sc.)
at SUAS
Step one
Additional documents required
- Copy of high-school certificate with date and final mark
- ELP requirements
- Informal cover letter
- Completed application form
- DSH-2 or TestDaf (4x4 or higher) certificate
- Copy of passport
- 2 passport photos
- Copy of Bachelor certificate (for Master applicants only)
Step two
Start your online application
Step three
Application deadline
Winter (Oct): 15th June
*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!
Schmalkalden University of Applied SciencesStudents Ratings & Reviews
4.3/5
9 Verified ReviewsStudent Views (Based on Reviews)
- 80% students never faced discrimination in this university
Vibe of Campus
Friendly
Academically oriented
Fun loving
Easy going
Internships3.7
Part time work3.9
Post study jobs4.1
Quality of faculty4.6
Student Life4.4
Value for money4.9
Public transportation4.2
Safety4.9
Indian Food3.6
Permanent Immigration4.3
A
Anonymous
MEng in Mechatronics and Robotics - Batch of 2023
4.0
A Good university for Practical Leaning and Career Development.
Tips: Students should be prepared for a different academic and cultural environment, especially with language, food and daily life. Initially, adapting to Germany required some time, but I gradually became comfortable with the culture and independent lifestyle. Overall, I was satisfied with my university and course because of the practical learning and supportive academic environment. Germany also provided good opportunities for international students and professional development.
Likes (Value for money): Value for money received a score of 5 because the cost of tuition was quite low compared to the level of education and practical experience I was obtaining. The class offered me a chance to get the required theoretical and practical experience, as well as success from experienced professors.
Dislikes (Indian Food): I rated the food options from my country of origin as 1 because there were no Indian restaurants in Schmalkalden, and Indian vegetarian food was not readily available. The locality mainly had German, Italian, Turkish and other European restaurants, with meals generally costing around 8-15 euros. I mostly preferred cooking Indian food myself.
Total Monthly ExpenseEuro 700
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro 55000
A
Anonymous
MEng in Mechatronics and Robotics - Batch of 2027
4.4
A quiet town with quality technical education.
Tips: Students should know that Schmalkalden is a small and quiet town which is very different from big cities. The environment is peaceful and good for studying but entertainment and nightlife options are limited. The university has a good practical learning approach and modern labs, especially for engineering programs. However, students should be prepared to learn some German because it is very helpful for daily life and part-time jobs. It is also important to plan accommodation early because student dormitories fill up quickly. It is a good university for students who want a focused academic environment. The transition was a bit challenging at first because of the language barrier and cultural differences. In Germany, people are very punctual and organized and everything runs according to rules and schedules. Initially it took some time to adapt to the weather, food habits and the quieter lifestyle of a small town. However the university has a supportive international environment, and interacting with students from different countries helped me adjust. Over time, I became more comfortable with the culture and daily routine here. At the moment, I have not received any scholarship. Most students here usually support themselves through part-time jobs along with their studies. However there are opportunities such as the Deutschlandstipendium and other university or external scholarships that students can apply for based on academic performance or achievements.
Dislikes (Indian Food): Food options from my home country (India) are somewhat limited in Schmalkalden. Since it is a small student town, there are not many authentic Indian restaurants nearby. Most of the available options are small fast-food places such as doner kebab shops, pizza places, bakeries, and a few Asian restaurants. If someone wants proper Indian food, they usually have to travel to bigger cities like Erfurt or Frankfurt, where more Indian restaurants are available. Prices in local restaurants are generally around 5-10 for fast food and 10-20 for full meals. Because of this, many international students prefer cooking at home. Indian grocery items can be ordered online or bought from international stores in nearby cities. Personally, I mostly cook my own meals and eat outside occasionally.
Total Monthly ExpenseEuro 650
Prepping time for classes25 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Applied Computer Science - Batch of 2027
4.7
Affordable quality education in a peaceful student friendly town.
Tips: Before joining Hochschule Schmalkalden, students should know that it is located in a small and peaceful town, which makes the cost of living affordable and the environment very safe, but it also means there are fewer part-time job opportunities and less nightlife compared to bigger German cities. My transition after arriving was mostly smooth, although I experienced a cultural shift, especially with punctuality, independent study methods, and the importance of basic German language skills in daily life. Over time, it became easier to adapt because the university has a friendly international environment. I did not receive a specific scholarship; however, studying in Germany itself is financially manageable because public universities charge very low tuition fees and mainly a semester contribution.
Likes (Part time work): The programme at Hochschule Schmalkalden offers high-quality education with very low tuition fees compared to many other countries. Students mainly pay only a semester contribution, which includes administrative services and student benefits, while receiving strong academic support, modern laboratories, and practical industry-oriented learning. Additionally, Germany provides good career opportunities and the possibility of part-time work during studies, making the overall return on investment very favourable for international students.
Dislikes (Internships): Before joining Hochschule Schmalkalden, students should know that it is located in a small and quiet town, which is very safe and affordable but has fewer entertainment options and part-time job opportunities compared to larger German cities. After coming here, the transition was generally smooth, although there was a cultural shift, especially in terms of punctuality, independent study style, and the German language used in daily life. However, the university provides good academic support and an international environment, which helps students adapt gradually. I did not receive a specific scholarship, but studying in Germany itself is financially beneficial because public universities charge very low tuition feels and only a semester contribution.
Total Monthly ExpenseEuro 850
Prepping time for classes18 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Applied Computer Science - Batch of 2027
4.3
It is good and peaceful to live here, and the neighbours are also very supportive and helpful.
Tips: They are welcoming international students and giving them the support they need. It is so good to live here. Through expatrio, I am spending my monthly expenses. I am so satisfied with my course and university. I am learning more here and the exams are also good.
Likes (Permanent Immigration): The cost of living is less and we can lead a peaceful life here. I will permanently immigrate here as life here is healthy and easy. There is 80% chance for me to settle here. People's interaction is very low and they don't like to socialise much either.
Dislikes (Part time work): It is tough to get a part time job here as the opportunities are less compared to the students' population. Managing both studies and part time job is easy and the average payout is 14 euros. To easily get the part time job you must need German B1 level.
Total Monthly ExpenseEuro 650
Prepping time for classes12 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Applied Computer Science - Batch of 2027
4.5
The University is stress-free and focused on student well-being.
Tips: It's a quiet town but very beautiful and peaceful. Perfect environment for students and studies. Everything is nearby, like the supermarket, Apotheke, Library, and Park. If you explore the town enough you'll find it quite charming. You will make lots of international friendships.
Total Monthly ExpenseEuro 700
Prepping time for classes25 hours/Week
Expected Annual SalaryEuro
View All 10 Reviews
Master of Science in Finance (M.Sc.) at SUAS Highlights
Master of Science in Finance (M.Sc.)
at SUAS
- The M.Sc. in Finance offers the opportunity to deepen their knowledge in finance. It is intended for students with an undergraduate degree in business, economics, management or related areas - especially with an international degree or international orientation - who have a strong interest in finance and wish to pursue a career in this area
- The programme is designed to individually respond to the preferences and priorities of students in the area of Finance in the best possible way
- Students individually select modules from the Finance and Accounting curriculum. Besides core Finance and Accounting topics, students have the opportunity to complement their focus in this area by further electives in innovative areas of digital, behavioural and sustainable finance
- The study programme is rounded off by electives from a variety of modules in areas such as Economics, Management and Philosophy
Read more
Master of Science in Finance (M.Sc.) at SUAS Scholarships
Master of Science in Finance (M.Sc.)
at SUAS
Scholarship information is not available. You can apply to non-college specific scholarships available for
Germany.
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Master of Science in Finance (M.Sc.) at SUAS Contact Information
Master of Science in Finance (M.Sc.)
at SUAS
Address
Schmalkalden University of Applied Sciences
Blechhammer
D-98574 Schmalkalden Germany
Schmalkalden ( Other - Germany)
Phone
Go to College Website ->