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Master of Science in
Money and Finance

 

Introduction

Graduate education in Germany is being revolutionized. Following the Bologna agreement, traditional 5-year (‘Diplom’) programs are being replaced by 3-year Bachelor’s programs followed by two-year Master’s programs, nationally and internationally recognized. The Goethe University Faculty of Economics and Business Administration is among the very few in Germany to pioneer the transition. 

Research and teaching in the areas of monetary economics, macroeconomics, and finance in Frankfurt are also being revolutionized by the establishment of the House of Finance. Its establishment is intended to encourage interactions between academic departments, research institutes, and practitioners, as well as development of innovative teaching programs that combine the strengths of its various constituents. Since August 2008, the Departments of Money and Macroeconomics and of Finance have joined forces with major research centers and institutes, such as the Center for Financial Studies (CFS) and the Institute for Monetary and Financial Stability, as well as with the Goethe Business School and with law faculty working on the interactions between law and finance to establish the House of Finance at Goethe University. 

The Master’s program in Money and Finance (MMF) is an innovative joint venture of the Department of Money and Macroeconomics and of the Department of Finance in the House of Finance, and it is taught entirely in English, the language of the profession. The Faculty of Economics and Business Administration, within which the Department of Money and Macroeconomics and the Department of Finance operate, is accredited by AACSB in the United States. The inaugural 2008 MMF class had 29 students, 22 of whom are international students from 19 different countries. The program is selective as well as highly international, with a maximum planned size of 40 students per year. 

The House of Finance occupies impressive newly-built premises on the new Westend campus of Goethe University, right in the center of Frankfurt, next to Grueneburg Park and in proximity to the European Central Bank, the German Bundesbank, and a vast array of banking and financial industry firms. MMF students attend lectures in modern, fully equipped lecture halls at the House of Finance and at the newly-build Lecture Hall Center right opposite the Faculty building.

AACSB ACCREDITED