36 months
3980 EUR/year
3980 EUR/year
Tuition fee
Apply date
Start date


The distance learning Financial Engineering programme at Technical University of Kaiserslautern provides the participants with the necessary advanced and theoretical foundations and competencies in the areas of financial mathematics and financial economics, the ability to create links to actuarial science, and imparts statistical and numerical methods.


The Financial Engineering programme at Technical University of Kaiserslautern is tailored to the demands of everyday working practice: Interdisciplinary, and designed to teach the advanced financial mathematics and financial economics theory and skills required for an in-depth understanding of the increasingly complex financial market. It also explores links to actuarial science and teaches relevant statistical and numerical methods.

Special Features

Admission to the distance learning programme is regulated through a special evaluation points system that can be accessed here. The required prior knowledge of analysis and stochastics can also be acquired in courses that may have to be taken subject to conditions.


  • The distance learning programme Financial Engineering is accredited to award the academic degree Master of Science (M.Sc.). The programme received system accreditation in an internal process from the accreditation council of the cross-university quality management centre.

Programme Structure

The distance learning programme is divided into the following modules:
  • Insurance Mathematics
  • Financial Mathematics
  • Economics of Banking
  • Interest Rate Models
  • Financial Decision Making
  • Risk and Statistical Modeling
  • Computational Methods in Finance
  • Advanced Financial Engineering


  • The English-language Master's programme is aimed at graduates of mathematics or other subjects with significant proportions of mathematics who wish to acquire a detailed understanding of financial mathematics.


  • The distance learning programme's scientific director is Prof. Dr. Jörn Saß (TU Kaiserslautern).

Key information


  • Part-time
    • 36 months

Start dates & application deadlines


TOEFL admission requirements TOEFL® IBT


90 alternative credits
  • mail-in exercises, written examinations



Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

TOEFL admission requirements TOEFL® IBT

Other requirements

General requirements

  • Access with a first degree
The application is open to people with a first degree of at least six semesters in a mathematics related discipline. In addition, evidence of a relevant professional experience of at least one year after the first degree must be provided. Further information can be found here
  • Access without a first degree
Interested persons without a first degree have the opportunity to qualify for the programme by taking an aptitude test if they have sufficient relevant professional experience.
  • Evidence of knowledge
Since the programme is taught in English, sufficient evidence of English language skills must be provided. In addition, evidence of sufficient knowledge from previous studies must be provided by means of an evaluation point system and successfully passed examinations for modules in the fields of analysis and stochastics.

Tuition Fee

To alway see correct tuition fees
  • International

    3980 EUR/year
    Tuition Fee
    Based on the tuition of 1990 EUR per semester during 36 months.
  • EU/EEA

    3980 EUR/year
    Tuition Fee
    Based on the tuition of 1990 EUR per semester during 36 months.
  • 1,990 EUR per semester + a social contribution of 102 EUR per semester

Living costs for Kaiserslautern

630 - 1000 EUR /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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Financial Engineering
Technical University of Kaiserslautern


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