Economics Program

Finance

The "Finance" specialization focuses on the financing of investments, financial investments, and borrowing, as well as the role of financial markets for businesses and national economies. It examines how the financial sector supports the real economy and helps protect against economic risks.The “Finance” specialization thus serves as the central counterpart to the areas that deal with real-economy topics.

Foto: Eine Person in einer Jeansjacke steht in einem modernen Gebäude mit großen Fenstern. Im Hintergrund sind weitere Personen an einem Tisch mit Laptops zu sehen.

Course Content

Finance - the Heartbeat of the Economy

What’s it all about? The importance of financial markets is increasingly coming into focus. Questions regarding stability, their role in a sustainable economy, digitalization, and new developments such as cryptocurrencies can only be meaningfully assessed with in-depth expertise. This requires an understanding of the roles and interactions of financial market participants such as banks, stock exchanges, and insurance companies. Equally important is knowledge of the processes of price formation and capital allocation in the markets.

What is being researched? The Finance research area focuses on examining how capital markets function, the behavior of market participants, and the financing behavior of companies. Particular emphasis is placed on the role and functioning of financial intermediaries such as banks, stock exchanges, and insurance companies. In addition, the stability of financial markets and the efficiency of various financial systems and institutions are analyzed. The goal of this research is to develop a sound understanding of the structure and dynamics of financial markets and to assess their impact on the real economy.

Why should you choose this specialization? The Finance specialization offers fascinating insights into the dynamic developments of financial markets, which often reflect economic and political trends in a condensed and intensified form. A solid knowledge of finance is particularly valuable in our capital-driven market economy. The skills you acquire will open up a wide range of career opportunities—from well-paid positions in financial institutions and the finance departments of large companies to leadership roles in consulting, strategy, and corporate management.

Modules in the Finance Specialization Area

ModuleRecommended SemesterRequired
Corporate Finance4th Semester

Semi-Elective*

Methods in Financial Mathematics4th Semester

Semi-Elective*

Risk & Insurance4th Semester

Semi-Elective*

Banking5th Semester

Semi-Elective*

Introduction to Financial Data Science6th Semester

Semi-Elective*

Financial Reporting & Analysis - IFRS5th Semester

Elective

Monetary Policy5th Semester

Elective

My First Data Science Project5th Semester

Elective

Tools for AI & Data Science5th Semester

Elective

Insurance Manage­ment5th Semester

Elective

Banking Law6th Semester

Elective

Corporate Restructuring6th Semester

Elective

Inter­national Macroeconomics and Finance6th Semester

Elective

Succession of Companies4th Semester

Elective

Concepts and Instruments of Manage­ment Accounting6th Semester

Elective

* At least three semi-elective modules must be selected.

Seminars in the Finance Specialization Area

SeminarsRecommended SemesterRequired
Finance Seminar Profile5th/6th semester

Semi-Elective

Advanced Profile Seminar Finance5th/6th semester

Semi-Elective

Project Seminar Humboldt Reloaded4th/3rd semester

Semi-Elective

Profile Seminar Banking Law4th semester

Semi-Elective

Profile Seminar History and Ethics of Financialmarkets5th semester

Semi-Elective

Note: At least one seminar must be selected.

Useful Module Combinations

When selecting your modules, there are two strategies to consider: focusing on a specific area or developing broader skills. In principle, many other module combinations are possible, allowing you to tailor your personal profile to your own interests.

Focus

  • Financial Analysis and Risk Manage­ment: Corporate Finance (required elective module) combined with Financial Reporting & Analysis - IFRS, Methods in Financial Mathematics and Corporate Restructuring
  • Banking and Regulation: Banking (required elective module), Banking Law, Corporate Finance and Corporate Restructuring
  • Insurance and Risk Manage­ment: Risk & Insurance (required elective module), Insurance Manage­ment, Methods in Financial Mathematics, and Corporate Finance

Developing Broader Skills

  • Interdisciplinary Financial Skills: Corporate Finance, Banking, Introduction to Financial Data Science, and Money & Currency
  • Technology and Globalization in the Financial World: Introduction to Financial Data Science, Inter­national Macroeconomics and Finance, Financial Reporting & Analysis - IFRS, and Risk & Insurance

Career Prospects

Financial expertise plays a central role in the financial sector, but also in the finance departments and corporate management of companies in other industries. In addition, there are exciting career opportunities in innovative fintech companies, consulting firms, central banks, and regulatory agencies.

Some typical career paths:

  • Financial Analyst
  • Risk Management
  • Data Science in Finance
  • Investment Banking
  • Consulting
  • IT & Change Management

Employers include, for example:

  • Banks
  • Insurance companies
  • Management consulting firms
  • Large corporations and medium-sized companies
  • Regulatory agencies
  • Stock Exchanges/Trading Venues

Helpful Skills:

  • Analytical and structured thinking and working
  • Confidence in handling data and numbers
  • Strong ability to think abstractly
  • Communication skills

The CareerCenter offers support with career guidance and starting your career. You can also get personalized advice here on choosing a major and discuss your potential career paths. The F.I.T. program also offers courses to help you make decisions.

Advanced Master's Degree Programs

After completing your bachelor’s degree in Business Administration and Economics with a specialization in Finance, the following Hohenheim degree programs are particularly recommended:

You are also very well prepared for the following degree programs:

A master’s degree qualifies you for academic work at universities and research institutes.

Lecturers

Your contacts for the Finance Specialization Area

Specialization Area Manager

Prof. Dr. Hans-Peter Burghof

Email

Advising

Sebastian Stefani

Email