Rhineland-Palatinate University of Finance
Rhineland-Palatinate University of Finance
About University
The Rhineland-Palatinate University of Finance was established in 1981. The University is located in Edenkoben, Germany. It is a unique institution dedicated to training future specialists in public finance administration. Unlike a traditional university, Rhineland-Palatinate University of Finance functions as an internal educational establishment for the state administration of Rhineland-Palatinate, Germany. The university’s focus is to provide the students all necessary skills and knowledge which will help them to seamlessly integrate it into their public finance careers.
Overall Ranking
No authorized authority has specified official ranking of this University. In case of any update, data will be updated here as well.
Courses Offered
1) Finance Administrator
Rhineland-Palatinate University of Finance offers a single program: the “Finance Administrator” (Diplom-Finanzwirt/in (FH)). The course is for the duration of three years and offeres a perfect combination of theoretical (classroom) learning and the practical learning which include on-the-job training.
- Classroom Studies: In the classroom, students engage in in-depth studies of fundamental subjects such as accounting, tax law, public finance management, and administrative procedures. The curriculum places a strong emphasis on practical application, equipping graduates with the skills necessary to tackle real-world financial challenges.
- On-the-Job Training: As an essential component of the program, participants are required to complete a 15-month internship at a tax office within the Rhineland-Palatinate state administration. This hands-on experience enables students to put their theoretical knowledge into practice in a real-world work environment, acquiring valuable practical skills.
This distinctive program design guarantees that graduates not only have a solid theoretical understanding but also possess the practical skills and familiarity with specific procedures. To succeed in public finance careers within the state government, it is necessary to possess the required skills and qualifications.
Admission and Eligibility
Admission to Rhineland-Palatinate University of Finance is selective and requires meeting specific criteria:
- Educational Qualifications: Applicants must possess a German Abitur (university entrance qualification) or a comparable qualification.
- Application Process: Interested individuals must apply for relevant positions within the Rhineland-Palatinate state tax administration; they don’t submit applications directly to the university. If selected for a position, candidates will then enroll in the Finance Administrator program at the university.
- Selection Process: The selection process typically involves an aptitude test and an interview.
It’s important to note that the program’s focus on preparing personnel for the state administration. International students might face limitations in applying. However, some universities in Germany offer similar public finance or administrative management programs that might be open to international applicants.
Career Prospects
Graduates of the Finance Administrator program enjoy excellent employment prospects within the Rhineland-Palatinate state administration. They can pursue careers in various public finance departments, including tax offices, customs offices, and ministries dealing with financial matters. The program equips them with the necessary skills to handle tasks like tax assessment, financial auditing, budget planning, and public financial management.
The university primarily caters to the state administration’s needs. The acquired skills and knowledge can also be valuable in the broader public finance sector. Graduates might explore opportunities in other federal or local government finance departments. They can opt for private companies specializing in tax or financial consulting, depending on their career goals.
Scholarship and Financial Aid
No information about this is given on University’s portal. In case of any update, data will be updated here as well.
Internships Near Rhineland-Palatinate University of Finance
No information about this is given on University’s portal. In case of any update, data will be updated here as well.
Jobs Near University
No information about this is given on University’s portal. In case of any update, data will be updated here as well.
Housing and Accommodation
No information about this is given on University’s portal. In case of any update, data will be updated here as well.
Cost of Living
| Category | Expensive City [in Euro] | Average [in Euro] | Small town [in Euro] | Comments |
|---|---|---|---|---|
| Rent | 500 | 375 | 200 | Depending on the location |
| Transportation | 0 | 0 | 0 | The cost of transportation is already included in the semester fees. |
| Public Insurance | 110 | 110 | 110 | Insurance does not depend on cities. |
| Private Insurance | 35 | 35 | 35 | you can choose either public or private insurance. |
| Radio Bill | 18.36 | 18.36 | 18.36 | Per month |
| Mobile | 20 | 15 | 8 | Mobile bill does not depend on cities. Usually it cost 8-20 euro per month |
| Groceries | 220 | 200 | 160 | Depending on your choice |
| Miscellaneous | 200 | 150 | 100 | Depending on your choice |
| Total [with Public Insurance] | 1,418 | 1,068.36 | 706.36 | Per month |
| Total [with Private Insurance] | 1,343 | 993.63 | 631.36 | Per month |
Places to visit near
- Mainz: This is the capital city of the Rhineland-Palatinate state which is very famous for its rich history and vibrant cultural scenes with beautiful architectures. There are many places to visit here like the Mainz Cathedral, the Gutenberg Museum, and the charming Old Town.
- Rhine River: This river is one of the most iconic waterways in Europe. This river flows through the state and have scenic cruises. Students can even go for walks on the riverbank. Beautiful riverside towns of Bingen and Bacharach are also Must-visit destinations.
- Eltville am Rhein: The Eltville am Rhein city is famous known as “City of Wine”. This is because of its vineyards and the wine festivals they have. Tourist who visit this place gets an opportunity to taste the wine of this famous place and explore the city, like go to the Old town and have a panoramic view of the Rhine river from the medieval castle that is in the city itself.
The Rhineland-Palatinate University of Finance provides a specialized program designed to equip students. The University provides with the necessary skills and knowledge to excel in public finance administration within the state. The blend of theoretical knowledge and hands-on experience guarantees that graduates are well-equipped to succeed in this particular area of study. Many universities in the United States provide similar programs for individuals interested in pursuing careers in public finance in Germany.