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    University of Kiel

    Mathematical Finance (M.Sc.)

    Last verified against the official program page on .

    Kiel, DEMScIn-person2 years
    120
    Credits
    €55.00
    App fee

    Mathematical Finance (M.Sc.) at University of Kiel is a 120-credit, 2-year, in-person MSc program based in Kiel, DE.

    About the program

    The program combines mathematics, financial engineering, economics, and statistics, focusing on probabilistic structures of financial markets, risk measurement, valuation of financial products, and numerical risk quantification. Methodological emphasis is on probability, statistics, numerics, optimization, and analysis.

    Focus: both

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    Deadlines

    Winter 2026
    Jul 15, 2026
    Summer 2027
    Nov 30, 2026

    Standardized tests

    TOEFL
    optional
    Min TOEFL-Test 550 (Paper-based Testing) or equivalent test result
    IELTS
    optional
    Min 6.5

    After the program

    Post-study work rights

    18 months job-seeker visa (Germany)

    €11,904.00
    Annual living cost

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    Prerequisites

    Specific coursework this program expects you to have completed: calculus, linear algebra, programming, statistics, and subject-specific prerequisites where applicable.

    Recommendations

    Exact count of letters required, whether academic vs professional references are preferred, and any program-specific guidance on who to ask.

    Essays

    Number of essays required (statement of purpose, personal statement, diversity statement), prompts where the program publishes them, and whether supplemental essays are optional or mandatory.

    Contact

    Direct email and phone for the admissions office handling this program, plus a link to the program-specific inquiry page where available.

    Frequently asked questions

    Is Mathematical Finance (M.Sc.) at University of Kiel online or in-person?
    Mathematical Finance (M.Sc.) at University of Kiel is offered in-person.
    How long does Mathematical Finance (M.Sc.) at University of Kiel take to complete?
    Mathematical Finance (M.Sc.) at University of Kiel is structured around 2 years and 120 credits.
    What GPA is required for Mathematical Finance (M.Sc.) at University of Kiel?
    Per the program's published guidance: Bachelor in Mathematics with grade 3.0 or better or Bachelor in another subject with grade 2.5 or better if at least 30 credit points in analysis, linear algebra, probability theory & statistics with grade 2.5 or better
    What work-permit options follow Mathematical Finance (M.Sc.) at University of Kiel?
    Post-completion work rights for Mathematical Finance (M.Sc.) at University of Kiel: 18 months job-seeker visa (Germany)