Information for Change into Modified Study Regulations
Starting with the winter term 2014, we are introducing a modified set of study regulations for the Master’s Program in Money and Finance (MMF), which can be found here. All “new” students will automatically study according to the modified rules. For all “old” students that began their studies before the winter term 2014, there are two options:
- Continue and finish their studies as planned according to the old study regulations (finish by the end of the summer term 2016 the latest).
- Switch to the modified set of rules. Please note that once the transfer has been implemented, it cannot be reversed.
The following chart will give you an overview of the important alterations that come with the modified study regulations:
Old study regulations (2008)
Modified study regulations (2014)
Exactly two supplementary courses from each area (“Money” and Finance”) - meaning four in total - have to be taken throughout the master studies.
The categorization of supplementary courses into “Money” and “Finance” does not exist. In total, two supplementary courses are mandatory. There is no possibility to take more than two of these courses as part of the master’s degree.
Exactly three semi-elective courses from each area (“Money” and “Finance”) - meaning six in total - have to be taken throughout the master studies.
At least two semi-elective courses from each area (“Money” and “Finance”) - meaning four in total - have to be taken throughout the master studies.
All semi-elective courses are part of either the list for “Money” or “Finance”.
Introduction of list of “Electives”, similar to MIEEP. In total, 18 CP can be distributed freely between: “Money” semi-electives or seminars; “Finance” semi-electives or seminars, or courses from the list “Electives”.
All failed classes and seminars can be retaken once. After the second unsuccessful attempt, students have failed their master studies in general.
All failed classes and seminars can be retaken twice.
Permission to begin master‘s thesis after completion of fundamental courses plus any five other modules.
Permission to begin master‘s thesis after completion of at least 60 CP including all five fundamental courses.
Requirements for change into modified study regulations
Independent from the semester count, every student of the MMF with an entitlement for further examinations can change into the modified set of rules.
Recognition of modules
All completed and also failed examinations will be transferred. Therefore, a retake of a previously failed course/seminar will still count as the second try. A partial recognition of credits is not possible.
This also means that in case of a student having completed more than two supplementary courses (3 CP), all courses will remain part of his or her degree. The excessive modules (above two) will most likely be added together to build 6 CP modules, but there might also be a solution, where all supplementary courses will remain as single entries with their respective titles. Even if the current number of completed supplementary courses is three, the third supplementary course will not be lost. Instead, the student will have to finish his or her master's degree with 123 CP as there is no possibility to take a fourth supplementary module under the modified rules.
Semester count/semester leave
The semester count is not influenced in any way by the decision to change into the modified study regulations. This change does also not affect any decisions regarding a semester leave.
If you want to study according to the modified regulations, you will have to write an informal request with your full name and matriculation number to the examination office. An e-mail is not sufficient. If you want this change to have effect for the summer term 2015 (or winter term 2015/16), you will have to hand in the request by April 30th, 2015 (October 31st, 2015 respectively). All requests, which are filed later than this date, will only become effective for the winter term 2015/16 (summer term 2016 resp.).
Please note that a confirmed request for a change cannot be reversed.