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    Apply for Business Administration: Finance - MBA

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    Program facts

    New European College
    Munich, Germany
    • Program type
      Master's
    • Duration
      18 months
    • Annual tuition fee
      12,200 EUR

      Fees are displayed in the university's local currency

    • Language taught in
      English
    • Start date
      September, October, December, February, April, May

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    Program overview

    What New European College says about their program:
    "If you are looking to advance your career in financial management, or pursue a career in the finance sector or department of a company, then the MBA in Finance will enable you to make the leap into management roles from an existing position, or prepare you to enter a new role at a management level.


    An international team of lecturers and business leaders has designed this MBA for those ready to make the climb into management roles, either from an existing job or graduates with some work experience who are aspiring to become managers. Together with the traditional MBA building blocks, this MBA in Finance offers additional modules with a particular focus on international finance, investment and corporate finance.


    Throughout the NEC MBA, we take a strategic perspective on business and management, always from an international viewpoint, and help you develop the skills to contribute to major decisions made by your current or future organisation to help their future."

    Admissions requirements

    Postgraduate academic requirements

    • It is necessary to have obtained a Bachelor's degree from within the field of business. In their bachelor’s degree applicants must have completed an academic piece of work (final project or dissertation) that demonstrates a degree of academic writing and research experience.
    • MBA program requires 3 years of professional work experience, after graduating from a bachelor's degree

    English proficiency

    Undergraduate

    • IELTS: 6.0
    • TOEFL Paper: 550
    • TOEFL iBT: 80
    • TOEIC Listening and Reading: 670
    • TOEIC Speaking and Writing: 290
    • First (FCE): Grade B (scale 173 - 175)
    • First (FCE): Grade C (scale 169 - 172)

    Postgraduate

    • IELTS: 6.5
    • TOEFL Paper: 575
    • TOEFL iBT: 90
    • TOEIC Listening and Reading: 720
    • TOEIC Speaking and Writing: 310
    • Advanced (CAE): Grace C (scale 180-184)
    • First (FCE): Grade B (scale 173 - 175)
    • First (FCE): Grade C (scale 169 - 172)

    English proficiency waivers

    • Waivers for students coming from, or who have studied in English only in the following countries: UK, USA, Canada, Irelands, New Zealand or Australia.

    Documents required

    Undergraduate

    • Application form
    • Academic transcripts
    • Diploma of previous studies
    • Translations
    • Color copy of passport, including the information & photo pages
    • Color passport photograph (not older than 6 months)
    • Proof of English proficiency
    • Letter of Motivation (800 words)
    • Curriculum Vitae
    • Diagnostic interview. An interview conducted on campus or via Skype by the NEC admissions team to determine the intention, motivation, and aptitude or the applicant

    Postgraduate

    • Application form
    • Academic transcripts
    • Diploma of previous studies
    • Translations
    • Color copy of passport, including the information & photo pages
    • Color passport photograph (not older than 6 months)
    • Proof of English proficiency
    • Letter of motivation
    • Curriculum Vitae
    • 2 Reference Letters (2 from employer or 1 academic and 1 employer)
    • Diagnostic interview. An interview conducted on campus or via Skype by the NEC admissions team to determine the intention, motivation and aptitude or the applicant

    Fees and funding

    Fee information

    • Undergraduate tuition: €9,800 per year
    • Postgraduate tuition: €12,200 per year

    Visa requirements for New European College

    Many international students will require a visa to study in Germany, and this is a vital step of your study abroad journey. Make sure you understand the requirements you may need to meet before applying.

    Germany student visa requirements