Finance, Auditing, Controlling, Taxation (FACT) (M.Sc.)
The FACT Master’s degree program is a full-time interdisciplinary degree program in finance, auditing, controlling and taxation that lasts two years. The program combines a scientific foundation with a high level of practical relevance.
Fact Sheet
- Degree
- Master of Science
- Admission
- Qualification assessment
- Duration of studies
- 4 semesters
- Teaching language
- completely in German
- Faculty
- Faculty of Business, Economics, and Law
- Start of degree program
- Summer semester, Winter semester
- Number of students
- 250-600
- Special features
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As part of the university ranking „Germany’s Best Auditors“ 2022/23, FAU was awarded the rating „very good“ and the associated seal for its auditor training.
Program overview
What is the degree program about?
The FACT Master’s degree program is a full-time interdisciplinary degree program in finance, auditing, controlling and taxation that lasts two years.
The degree program builds on solid basic knowledge of these subjects and enables students to choose their own specializations according to their interests. This is made possible through a wide range of specialization options with an interdisciplinary focus that students can combine in a variety of ways.
The Master’s degree program also helps students to prepare for the state examinations for tax advisors. Students acquire academic knowledge with a high level of practical relevance. Traditional teaching methods are complemented by a range of case studies, projects, field trips and workshops with partners in industry.
For further information, please visit the German WiSo website or the degree programs website.
This degree program is taught in German. Therefore, a good knowledge of German is an essential prerequisite to successfully completing the degree program. Proof of German language proficiency at DSH 2 level or equivalent is required for admission.
The degree program consists of compulsory modules (30 ECTS), elective modules (60 ECTS) and the Master’s thesis (30 ECTS). Students have the opportunity to complete a semester abroad and credits awarded by foreign universities can be recognized.
- Students are obliged to complete six compulsory modules worth 5 ECTS each, that establish a common interdisciplinary foundation with content from the four FACT areas.
- The elective modules (approx. 60 ECTS) comprise the module groups „Finance and Insurance“, „Auditing and Law“, „Controlling“, „Taxation“ and „Interdisciplinary Modules“.
- Due to the extensive so-called professional field-specific „menu suggestions“ available for selection, the study program can be designed extremely flexibly: Both an interdisciplinary specialization across several fields („FACT-generalists“) and a narrow specialization in one of the fields („FACT-specialists“) are conceivable.
- The master’s thesis completes the program in the fourth semester.
The FACT degree program is aimed at all students who are interested in an academic education that will prepare them for careers in finance, auditing, controlling and taxation.
The degree program aims for graduates to acquire the qualifications needed to work in the areas of controlling, banking and insurance, investment, risk management, finance, management, investment banking, accounting, tax consulting, business consulting and auditing.
Application for a Degree Program
Admission Requirements and Application
Admission
- Master: Qualification assessment
Application deadline
- Winter semester: 15.07.
- Summer semester: 15.01.
Language skills
- German language skills for international applicants: DSH 2 (written 2 / oral 1) or equivalent
Content related master requirements
The Master’s program can be taken by graduates with a Bachelor’s degree in Business Administration, Economics, Business Law, Business Informatics, Business Mathematics, Industrial Engineering or a comparable degree program, provided that these included FACT-related subjects totalling at least 30 ECTS credits and mathematics/statistics-related subjects totalling at least 8 ECTS credits. Further information on the admission requirements can be found on the german website.
