

The Master of Science in Quantitative Finance is a prestigious graduate program offered by Kiel University. Designed for professionals and graduates seeking to deepen their expertise in finance, economics, and data analytics, this international full-time degree combines academic excellence with practical financial training. Students gain advanced skills in quantitative modeling, risk management, and empirical research, preparing them for leading roles in banking, consulting, and financial analysis. The program is structured across four semesters and admits students in both the summer and winter semesters.
Located in Kiel, a dynamic academic and research city in northern Germany, this master’s program emphasizes both analytical precision and practical application. With a strong focus on quantitative methods and international collaboration, students not only refine their technical and research skills but also benefit from partnerships with the Kiel Institute for the World Economy (IfW) and other global institutions. The course reflects Germany’s commitment to academic excellence and professional relevance, making it an ideal choice for those aspiring to excel in international finance and economic research.
Semester 1 – Foundations in Finance and Quantitative Methods
• Financial Theory and Asset Pricing
• Econometrics and Statistical Methods
• Quantitative Methods in Finance
• Programming for Financial Applications
Semester 2 – Advanced Financial Modeling
• Derivatives and Risk Management
• Corporate Finance and Valuation
• Time Series Analysis
• Elective I (e.g. Financial Econometrics or Investment Strategies)
Semester 3 – Research and Specialization
• Portfolio Optimization and Asset Management
• Advanced Topics in Financial Mathematics
• Elective II (e.g. Sustainable Finance or Machine Learning in Finance)
• Research Project / Seminar
Semester 4 – Master’s Thesis
• Independent Research Project
• Master’s Thesis Writing and Defense
• Presentation and Discussion Seminar
Graduates of the Quantitative Finance program are equipped for analytical and strategic roles in the financial industry, including investment banking, asset management, risk analysis, financial consulting, and insurance. The program’s strong quantitative and empirical orientation also provides a solid foundation for doctoral studies or careers in research institutions.
The Master of Science in Quantitative Finance at Kiel University combines rigorous theoretical foundations with advanced quantitative and computational methods. The program bridges finance, economics, and data science, training students to model complex financial systems and make data-driven decisions.
With its strong research network, including ties to the Kiel Institute for the World Economy (IfW), students benefit from a stimulating academic environment and close contact with industry experts and international scholars.
Kiel University – Student Advisory Service
Christian-Albrechts-Platz 5
24118 Kiel, Germany
Tel: +49 431 880-7440
Fax: +49 431 880-4008
Email: zsb@uv.uni-kiel.de
International Office – Kiel University
Westring 400
24118 Kiel, Germany
Email: apply-international@uv.uni-kiel.de