Which country is best for me to do a master's in finance that is also budget friendly in Germany/France?
Germany is the best option for a budget-friendly Master's in Finance. Most public universities in Germany charge minimal or no tuition fees for international students, with only semester contributions of €150 - €350/semester (about ₹13,500 - ₹31,500). Some states may charge up to €1,500/semester for non-EU students.
Average living expenses in Germany are €800 - €1,200/month (about ₹72,000 - ₹1,08,000), which is reasonable compared to other Western countries. Germany also offers strong career opportunities in finance, especially in cities like Frankfurt.
France and Austria are also affordable options, but Germany offers the best balance of low tuition, manageable living costs, and career prospects.
More expert answers
Germany, France, Poland, Italy, Spain, Malaysia, and Taiwan are strong options for a Master's in Finance if you have a flexible but small budget and want reasonable living costs.
- Germany: Minimal or no tuition at public universities; living costs typically ₹75,000 - 1,16,000/month.
- France: Public university tuition around ₹2,94,000 - 4,00,000/year; living costs ₹74,000 - 1,06,000/month.
- Poland: Tuition ₹1,50,000 - 3,00,000/year; living costs ₹35,000 - 53,000/month.
- Italy: Tuition ₹1,00,000 - 2,50,000/year; living costs ₹64,000 - 95,000/month.
- Spain: Tuition ₹75,000 - 2,50,000/year; living costs ₹74,000 - 95,000/month.
- Malaysia: Tuition ₹1,20,000 - 2,60,000/year; living costs ₹26,000 - 44,000/month.
- Taiwan: Tuition ₹2,70,000 - 8,10,000/year; living costs ₹39,000 - 62,000/month.
Figures are typical and subject to change. Scholarships and part-time work can help reduce costs further.
Got a budget of 40 to 50 lakhs? See what France costs.
Full tuition and living breakdown, plus universities that fit your number.
More Cost & living questions
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
- What is the minimum budget required for studying abroad in Canada or Ireland for two years?
- Are you helping with educational loans or bank loans for studying abroad in UK/Ireland for a Master's?
- Can I apply for an education loan up to 30 to 35 lakhs or 30 to 40 lakhs budget?
- What are the tuition fees for studying in Germany for a Master's/Bachelor's?
More France questions
- Other than Canada and Netherlands, are there better countries to study science and technology in Germany/Singapore?
- What are some effective online German language classes for Indian students preparing to study in Germany?
- Is Germany the best first priority country for my course and career scope for a Master's?
- Why is the dMAT subject module called Battery Science and Technology in Engineering?
- Can I target Germany, Italy, or the Netherlands for a master's in computer science without a computer science background?
- Is it possible to get a fully funded scholarship if he scores seven or above (seventy percent) in the third year in Germany?
- Does my 12th grade percentage affect my master's application in Germany/France for a Bachelor's?
- Would you suggest me to give IELTS first before starting the application process in Germany/Italy for a Master's?