Master of Science (M.Sc.) in Finance and Information Management (FIM) 

at TUM Munich, Munich

Technical University of Munich requirements for MSc in Informatics program are given below: 

Statement of purpose
CV 
A scientific essay
Official transcript 
English language proficiency
GRE or GATE score
APS certificate
A passport photo
Passport

To get into MSc in Informatics at TUM, students are required to have a bachelor’s degree and the successful completion of the so-called aptitude test. Students can apply to the master’s degree via TUM Online. After the students have created their account at TUM Online, enter their personal data and information about their education, and upload the required documents. 

International students must meet the entry requirements and submit below necessary documents to take admission to the Technical University of Munich MSc in Data Engineering and Analytics:

• Bachelor’s certificate
• Transcript of records
• Any proof of English language proficiency score
• Essay
• Up-to-date CV
• Motivation letter

Note: Also, check the preliminary documentation to know (VPD) before applying.

The TUM's MSc in Data Engineering and Analytics is one of the popular programs among Indians. The degree is ideal for students seeking a career in Big Data, AI, Data Science, Business Intelligence, or more. The student must hold a bachelor's degree from a recognised university in Computer Science, IT, Mathematics, or Engineering, and must have a background in Linear Algebra, Statistics, and Programming. The MSc in Data Engineering and Analytics usually covers a curriculum including Data Modeling, Machine Learning, Cloud Computing, and Data.

With the rank #1 in Germany for MS, the Technical University of Munich is one of the best choices for international students looking forward to study abroad. As per the Shiksha Popularity Rankings, the rankings of TU Munich are as follows:

• #1 in Germany for MS Programs
• #2 in Germany (Overall University Rank)
• #23 in the World

No,  the TUM Munich is not free for Indian students. It is only free for students who belong from countries that are part of the EU. Indian students would have to pay a Technical University of Munich tuition fee worth INR 2.1 L-INR 3.2 L for UG courses. The tuition for PG courses is between INR 4.2 L-INR 6.35 L.

The TUM application fee is free of cost for Indians. Students must pay tuition costs to join any UG and PG programs. The tuition cost is around INR 5 L for undergraduates and INR 23 L for postgraduates. In addition, they must have an extra budget for accommodation, transportation, food, and health insurance.

TUM is very similar to MIT USA in certain aspects. It has a world-class research environment, as does MIT. It gives just as much importance to STEM courses and Innovation as MIT. It does not have the same level of reputation as MIT does, but, it is far more affordable than the Massachusetts Institute of Technology. It also has a marginally better acceptance rate (8%), than MIT US (4.5%). 

The Technical University of Munich is free for most of the programs. Students must pay around INR 17L for an executive MBA, INR 4L for BBA programs, and INR 11L for MEng programs. Students must make some additional budget for other expenses including accommodation, food, transportation, books and supplies, and miscellaneous costs, along with the tuition costs. 

Both IIT and TUM Munich are very good in different fields. IITs give greater emphasis to UG studies, and maintains stronger connections in the Indian job market. TUM offers a better research environment and has a better global network. Which one is better depends on what a student is looking for. IIT is great for students interested in a solid career in India. TUM is better for deep research on international roles. Students can expect much higher costs of living in Germany.