Studying accounting is a pivotal step for international students aiming to build a robust career in finance and business. Germany, with its strong economic standing and high-quality education system, has become a highly attractive destination for those looking to specialize in this field. This blog provides an in-depth look at accounting courses available in Germany, particularly for international students on Germany study visa, covering everything from types of programs to career prospects.
Study Accounting in Germany
Germany offers a diverse array of accounting courses catering to different academic backgrounds and career goals.
BSc in Business Administration at the University of Marburg
The six-semester Bachelors program in Business Administration, leading to a Bachelor of Science degree and totaling 180 credits, focuses on value-based corporate management principles. Students will learn to analyze, explain, and influence corporate structures, processes, and decision-making. The program allows for personalized specialization through elective courses and an optional study abroad experience. Key focus areas include Accounting and Finance, Market-Oriented Management, and Management of Information and Innovation.
The curriculum begins with an introductory area worth 6 credits, where students explore fundamental business concepts and academic methodologies. Mandatory core modules (60 credits) provide a broad foundation in business and economics, essential for the successful completion of in-depth studies and the final bachelor thesis. Methods modules (24 credits) equip students with practical business tools and their theoretical underpinnings.
In the specialization area (24 credits), students choose a focus in one of the key areas. Additionally, students can select from elective areas, allowing them to deepen their knowledge in business administration, economics, or related subjects. The program also incorporates project studies, international experiences, and interdisciplinary learning to enhance critical soft skills and problem-solving abilities. The Accounting and Finance focus area prepares students to navigate the complexities of modern financial markets and corporate structures. They will gain expertise in external accounting, controlling, financial management, and taxation, learning to evaluate and influence the financial implications of business decisions.
Bachelor in Business Administration (Minor) at Goethe University
The Business Administration minor program is designed to equip students with the skills to independently identify economic challenges, develop scientifically-based solutions, and propose alternative strategies. This program imparts theoretical, institutional, empirical, and practical business knowledge, along with methodological skills, preparing students for diverse career paths in both national and international contexts, including entrepreneurship.
The curriculum consists of five core modules required for all students pursuing this minor, covering essential topics such as Mathematics for Economics, Accounting, Finance, Marketing, Philosophy, Politics, and Economics. Students can choose between two focus areas: Finance & Accounting or Management.
In the advanced phase, those selecting the Finance & Accounting focus will study additional courses along with an elective module related to this concentration. While there is no mandatory internship within the minor, gaining practical experience is highly recommended, as many students undertake internships through their major programs. These experiences allow students to apply their theoretical knowledge in real-world settings and explore various professional fields.
MSc in Finance and Accounting at the University of Bamberg
The Masters program in Finance & Accounting (M.Sc. F&A) provides an in-depth exploration of key areas within business administration, including finance, accounting, taxation, banking, and financial controlling, as well as related disciplines such as computer science, law, statistics, and social skills. This two-year program offers students the flexibility to tailor their studies according to their prior education and personal interests, helping them to build a unique professional profile.
Structured to include 120 ECTS credits, the program is divided into several components: the core Finance & Accounting area (72 ECTS), a Methods and Research module (24 ECTS), and the Masters thesis with an accompanying defense or colloquium (24 ECTS). Students must complete modules in four sub-areas within the core, choosing additional electives to enhance their expertise.
While an internship is not mandatory, students have the option to study abroad, enriching their academic experience. The program is taught in German, with some courses available in English, and offers both full-time and part-time study formats. With its comprehensive curriculum and strong emphasis on practical application, graduates of the Masters in Finance & Accounting are well-prepared for diverse career opportunities in financial institutions, consulting firms, management roles, and international organizations.
MSc in Accounting and Finance at Frankfurt University of Applied Sciences
The Masters program in Accounting and Finance (M.Sc.) offers students the opportunity to engage deeply with sustainable financial markets and value-driven corporate management
This full-time program spans three semesters and awards 90 ECTS credits (or 120 for those starting with a Bachelors degree that has 180 ECTS credits). It is taught in both German and English, making it accessible to a diverse student body. With a focus on core subjects such as national and international tax planning, business evaluation, financial reporting, and digital finance, students will gain a comprehensive understanding of financial management.
Graduates are well-prepared for leadership roles in corporate management, investment banking, consulting, and auditing, with a strong demand for financial management experts in the job market. The curriculum is structured to ensure a blend of theoretical knowledge and practical application through collaborative projects with industry partners, equipping students with the necessary skills to tackle complex challenges in today’s global economy.
Entry Requirements for International Students Study in Germany
Gaining admission to accounting programs for students on Germany student visa involves meeting specific criteria, which may vary by institution:
Academic Qualifications
For a bachelor degree in accounting in Germany, students need a recognized high school diploma or equivalent. On the other hand for master’s in accounting in Germany, applicants must hold a relevant bachelors degree in accounting, finance, or a related field.
Language Proficiency
Proficiency in either German or English is usually required, depending on the medium of instruction. Most universities accept test scores from standardized tests such as TOEFL or IELTS for English-taught courses. For German-taught programs, proof of German language proficiency (such as TestDaF or DSH) is often necessary.
Additional Documents
In addition to academic credentials, students typically need to submit:
- Curriculum vitae (CV): Lists all of one’s professional and educational experiences.
- Motivation Letter: Outlining reasons for choosing the program and future career goals.
- Letters of Recommendation: Usually from former educators or employers attesting to the applicant’s qualifications.
Financial Considerations for Study in Germany
Study in Germany is generally more affordable compared to other Western countries. Here’s a breakdown of costs:
Tuition Fees
Tuition fees for international students on Germany study visa can vary significantly depending on the university and the program. On average:
- Public Universities: Fees can range from EUR 1,500 to EUR 3,000 per year.
- Private Universities: Fees may reach EUR 20,000 or more annually, especially for specialized programs.
Cost of Living
Students should also budget for living expenses, which can average between EUR 800 and EUR 1,200 per month. Key components of living expenses include:
- Housing: Rent varies by city; students often find affordable options in shared apartments or university dorms.
- Food: Grocery prices are reasonable, and students can benefit from discounts in many eateries.
- Transportation: Public transportation is efficient and affordable, with student discounts available for monthly passes.
Career Prospects after Accounting Degree in Germany
Graduates with accounting degrees from German universities enjoy promising career prospects, thanks to the country’s robust economy and diverse job market. Some key career paths include:
- Auditors evaluate financial statements to ensure accuracy and compliance with legal standards.
- Tax consultants advise individuals and businesses on tax compliance and strategies, helping clients navigate complex tax laws.
- Financial analysts assess investment opportunities and financial performance, providing insights to guide business decisions.
- Additionally, graduates may explore roles in financial management, consulting, or corporate finance, with the option to pursue further certifications such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA).
Studying accounting in Germany offers an excellent opportunity for international students on Germany student visa to gain a high-quality education while enjoying a vibrant cultural experience. With a variety of programs, flexible learning options, and promising career prospects, it’s an investment in a successful future.
West Highlander Immigration – Best Study Visa Consultants for Germany
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