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WHU Otto Beisheim MFin Review


9 minutes

Table of Contents

    Key Takeaways

    1. Program Overview: The WHU MFin program provides a comprehensive education in finance, blending core courses with electives that allow students to tailor their studies to their career goals. The program includes real-world projects, internships, and access to a robust alumni network.
    2. Class Profile: The WHU MFin class typically consists of around 50-60 students from diverse backgrounds and nationalities, fostering a multicultural learning experience. On average, students have about 1-2 years of work experience before joining the program.
    3. Salary and Employment: Graduates of the WHU MFin program enjoy impressive career outcomes, with an average starting salary of €70,000 per year. Within three months of graduation, nearly 90% of students secure employment in top financial institutions, consulting firms, and multinational corporations.
    4. Tuition Fees: The tuition fee for the WHU MFin program is approximately €37,200 for the entire duration. Scholarships and financial aid options are available to help students manage the cost of their education.

    Introduction

    The WHU Master in Finance (MFin) program stands out as one of Europe's leading finance programs, designed for ambitious individuals seeking to excel in the dynamic world of finance. This program offers a rigorous curriculum that combines theoretical knowledge with practical application, ensuring that students are well-prepared for the challenges of the finance industry. Located in Vallendar, Germany, WHU provides a vibrant learning environment enriched with international exposure, cutting-edge research, and strong industry connections. Graduates from this program are equipped with the skills and network needed to thrive in various finance roles globally.

    Tuition Fees  €37,200
    Program Length 17 or 21 months
    Program deadline Round 1: April 30, 2024
    Round 2: May 31, 2024
    Application Fees €100

    WHU MFIn Class Profile

    The Master in Finance program at WHU - Otto Beisheim School of Management is designed to provide students with a comprehensive education in finance and prepare them for a successful career in the finance industry. The whu master in finance program attracts a diverse and highly motivated group of students from around the world. The program is designed to provide students with both theoretical knowledge and practical skills, through a combination of rigorous coursework, case studies, and real-world projects. Graduates of the program are well-prepared for a variety of finance-related careers, including investment banking, corporate finance, asset management, and financial consulting.

    Average GPA 3.0
    Average GMAT Score 600 or 555
    Average Work-experience 4 years

    Acceptance Rate

    WHU master in finance does not display the acceptance rate of their programs in particular.

    Program and Curriculum

    whu-mfin program and curriculum

    WHU Master in Finance (MiF) is a full-time English degree combining a comprehensive analysis of financial institutions, markets, and strategies with practical relevance and an international perspective. Its has one of the best faculties for master in finance program.

    With the worldwide recognition of the WHU – Otto Beisheim School of Management, its Masters in Finance program individually has also been ranked as the number 1 program in Germany by The Financial Times 2021.

    Core Course

    • Advanced Econometrics
    • Capital Market Theory
    • International Financial Reporting

    Electives

    • Advanced Corporate Finance
    • Asset Management
    • Behavioral Finance & Emotional Finance
    • Contract Theory
    • Corporate Governance
    • European Banking and the Financial Crisis
    • Financial Modeling with Excel
    • Financial Risk Management
    • Financial Technologies
    • Financial Valuation
    • Leadership in Investment Banking
    • Mergers & Acquisitions

    Internships

    Having completed their first two semesters at WHU, the students will gain valuable work experience through an internship in Germany or abroad. The Career Center supports its students in finding an internship position via a broad range of activities such as individual career counselling, workshops, and company presentations.

    Thesis

    The Master’s thesis concludes the studies, providing the students with the opportunity to apply the skills and knowledge they have gained throughout the Master’s Program. While writing their thesis, the students will be supervised by a WHU faculty member. The students may also write their thesis in collaboration with a company.

    Extra Activities

    Business Sector Club

    Student Clubs are an absolute favourite and the heart and soul of the WHU Otto Beisheim School of management’s student experience. 35+ clubs provide a vibrant, collective and fun community to suit the needs of our diverse and international student body. Clubs are also an opportunity to explore areas of business interest and provide virtual networks that extend to alumni and the wider community. Some of the clubs include:

    • LHG Vallendar- University’s Liberals’ Association
    • Opinion- The Debate Society of WHU
    • RCDS at WHU
    • Saidia Consulting
    • Sensibility
    • SmartUp!
    • Studentische Buhne der WHU- Student Theatre group
    • WHU Euromasters
    • WHU MBA Consulting Club

    Eligibility and Requirements

    whu-mfin eligibility and requirements

    The eligibility and requirements for whu master in finance are as follows:

    Eligibility

    • Recent graduate: Bachelor’s degree from an accredited institution in STEM subjects with a solid quantitative background and experience in finance-related areas
    • A person with a Minimum of 12 weeks of relevant work experience
    • A person with a Maximum of 4 years of post-graduate work experience
    • GMAT/ GRE/ TM-Base Scores
    • TOEFL/IELTS/CPE scores

    Document Related to the Application

    • Degree certificate(s) or current certificate of enrolment.
    • A one-page resume (CV).
    • All official up-to-date academic transcripts and official GPA.
    • GMAT or GRE or TAGE MAGE official test score report.
    • English language proficiency score report (TOEFL or TOEIC or IELTS or Cambridge).
    • Copy of Passport or ID card.
    • 2 completed online reference forms.
    • Passport-style photo in .jpg or .jpeg format only.
    • The application fee for the direct application is €100.

    WHU MFIn Deadlines

    The deadline to apply for an MSc in Finance, 2022 at WHU Otto Beisheim School of Management is May 31st, 2022. Therefore, the students who want to pursue the WHU master in finance at the said university must hurry up to apply before the end date.

    Note that the candidates who need visas were required to fill out the application before April 30th, 2022.

    Employment And Placement

    whu-mfin employment and placements

    The WHU master in finance program at - Otto Beisheim School of Management has an excellent track record of employment placement for its graduates. Master in Finance program at WHU provides graduates with the knowledge, skills, and practical experience needed to excel in a wide range of finance-related careers. The program's strong reputation and global network of alumni and industry partners help graduates secure top positions in the finance industry.

    Top Sectors Hiring

    WHU master in finance will provide you with best-in-class career opportunities supplemented with unparalleled career counseling.

    • Banking & Finance: 60%
    • Consulting: 13%
    • Industry & Services: 13%
    • Startup & Online Business: 7%
    • Continuing Education: 6%
    • Founder: 1%

    Companies recruiting from WHU – Otto Beisheim School of Management, MFin

    • Accenture
    • AllianzBain & Co.
    • BASF
    • Beiersdorf
    • Bertelsmann
    • Deutsche Bank
    • Goldman Sachs
    • Henkel
    • McKinsey
    • Morgan Stanley
    • Oliver Wyman
    • PIMCO
    • Pricewaterhouse
    • CoopersProcter & GambleRocket Internet
    • The Boston Consulting Group
    • Volkswagen Consulting
    • XING
    • Zalando

    WHU MFIn Alumni Info

    WHU is unique, and so are its alumni. Founded by the first graduates in 1988, In Praxi – WHU Alumni Association is regarded as one of the best alumni associations in the German-speaking region. The alumni organization has more than 3,900 members. Historically, and until today, more than 90% of all graduates become members of In Praxis. Approximately 25% of its members live outside of Germany and are spread over more than 65 countries worldwide. In addition, more than 30 regional chapters help to keep the community alive and to establish a global network of friends.

    Some Famous Alumni

    • Julian Deutz – CFO of Axel Springer
    • Robert Gentz – Founder & Board Member of Zalando
    • Philipp Justus – Managing Director of Google, Germany

    Application Essay

    While applying for the whu master in finance program at WHU-Otto Beiheim Business School, you are required to answer a few questions and upload the answers separately on the website. These questions are:

    Question 1: Please provide detailed information about your internships.

    Question 2: Please provide detailed information about your professional work experience.

    Question 3: How did you learn about the WHU Master of Finance program? Please write 2-3 sentences.

    Question 4: Please provide detailed information about your international experience (optional).

    Letter of Recommendation

    The questions asked for LOR at WHU master in finance are as follows:

    • How long and in what capacity have you known the candidate? (No word limit)
    • If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
    • What do you consider to be the candidate’s principal strengths/talents? (No word limit)
    • What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit).

    Interview Questions

    Interview questions that can be asked for WHU master in finance program are as follows:

    Q. What can you tell me about yourself?
    Q. Could you please walk me through your resume?
    Q.Why pursue an MSc in finance? Why did you choose WHU?
    Q. Why an MFin now or at this point in your career?
    Q. What are your immediate and long-term objectives?
    Q. What is your backup plan if consulting/investment banking does not pan out?
    Q. What are your main assets? Could you please provide some examples?
    Q. What is your most significant flaw? Could you please provide some examples?
    Q. What value can you bring to the class?
    Q. Why should we bother you?
    Q. Is there a reason why we shouldn’t choose you?
    Q. Which destination, if you had to choose one, would you choose and why?
    Q. Why did you choose Germany?
    Q. Why not China, for example? If it were China, what would be the comparative advantages?
    Q. When you were working with your clients, what was the most exciting event?
    Q. What do you like to do when you have free time?

    What Makes WHU Master in Finance Unique

    Here are a few facts about WHU – Otto Beisheim School of Management that makes it unique-

    • The FT ranked the Master in Finance program as the topmost in Germany and 22nd globally.
    • Forty-five percent of the students are international students from more than 45 different countries.
    • The MSc Finance is designed for recent graduates with a minimum of 12 weeks of work experience who want to gain hands-on knowledge and expertise from industry experts in Finance.
    • Masters in Finance provides students with two available tracks: 90 Credit track and 120 credit track; the latter also includes 30 credit study abroad semester for its students.
    • Students enrolled in Masters in Finance are also required to submit a thesis, which helps students apply all the theoretical knowledge to practicality. You will be guided by a WHU faculty member for the same.
    • More than 4,700 executives from 45 countries make up the global alumni network.
    • The WHU master in finance admission process is easy, but the requirements need to be kept in mind. A GMAT or GRE score is required at WHU and other requirements are mentioned in the blog. Through this WHU MFin review, you must have gained sufficient information about WHU Masters in Finance.

    Conclusion

    The Master in Finance program at WHU - Otto Beisheim School of Management is a highly respected program that prepares graduates for successful careers in the finance industry. With a rigorous curriculum, a diverse and motivated student body, and strong employment placement, the program provides students with the knowledge and skills they need to succeed in a variety of finance-related careers.

    Students in the WHU master in finance program benefit from a combination of theoretical coursework, case studies, and real-world projects, giving them practical experience and exposure to current issues in finance. The program attracts a global student body, with a high percentage of international students, further enriching the educational experience.

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    |
    Study Abroad Expert

    Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.

    Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

    His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

    Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

    Is WHU recognised?

    WHU is currently EQUIS, AACSB, and FIBAA approved. Re-accreditations ensure that our Business School meets or surpasses high national and international criteria on a regular basis.

    What does a Master of Finance student learn?

    You’ll gain the financial and business skills you’ll need to launch your own company, operate as a personal financial advisor, or work with a startup.

    Why do people pursue a Master of Finance degree?

    A Master of Finance degree can help you break into the fascinating world of Finance while also preparing you for long-term job success in a variety of fields. 

    Masters in Finance graduates land some of the highest-paying finance jobs at companies like JP Morgan and Goldman Sachs.

    Is a Master of Finance a problematic degree to obtain?

    While Finance does necessitate some math training and knowledge and skills in accounting and economics, it is not inherently more complex than any other subject of study, especially for those who have a natural affinity for mathematics.

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