Corporate Financial Management
Studying Corporate Financial Management
Corporate financial management is a wide-ranging discipline in corporating finance, accounting and banking. The focus is on how these subjects are applicable to individual companies. What that means is you will study about how a firm, like, BMW budgets, pays its suppliers, takes its payment from its customers. You will also learn about regulations surrounding auditing and mergers and acquisitions (where one company buys another).
By studying corporate financial management you can pursue diverge range of careers in accountancy, banking, auditing and insurance.
Most courses require you to complete a semester-long internship or project. This is a great chance to gain relevant work experience and build a professional network in Germany.
Some of the most sought-after universities, colleges and institutes in Germany are:
- Gisma Business School
- Berlin School of Business & Innovation
- European Business School
- International University Of Applied Sciences Bad Honnef (IUBH)
Salary and Career Prospects
Corporate financial management professionals are hired by IT and tech companies, (Microsoft, Apple), engineering companies (Volkswagen, Airbus, retail and hospitality companies (Marriott, Aldi), banks and financial companies (Allianz, Deutsche Bank) and the government.
Some of the roles graduates take up are Finance Manager, Financial Analyst, Accounting Manager, Process Compliance Manager and Retail Bank Manager.
Salaries vary based on job role, experience, qualifications, skills and location. As a guide, corporate financial management professionals earn around €68,000 year (54 lakhs INR).
Why study in Germany?
Germany is a popular study destination for international students. Some German universities are several centuries old and are held in high esteem across the world. The country is popular for its engineering and business courses.
German economy is among the largest in both Europe and the world. The economy is powered mainly by automobile and manufacturing sectors and the country is home to premium brands like Volkswagen, BMW and Audi. Frankfurt and Berlin are major business and commerce hubs that host a wide range of multinational companies, including technology companies (Apple, Siemens) and banks (Deutsche Bank, HSBC). With its breathtakingly beautiful scenery, iconic monuments and palaces, museum and arts and culture scene, Germany is also a popular tourist destination.
German is the national language, although people living in big cities can speak English to varying degrees of fluency.
International graduates are able to apply for a post-study work permit lasting up to 18 months