Al‐G e‐A l (MSM) capacitors are formed by vaccum evaporation under a vacuum of 2.66 × 10−3 Pa. The thicknesses of the films (Ge) are measured by multiple beam interferometer technique (MBI). From X‐r ay diffraction studies, the structure of the germanium film (d = 47 nm) is found to be amorphous in nature. Aging, annealing, dielectric, and ac conduction studies are made for these films. The dielectric constant for a film of thickness 47.5 nm at 1 kHz and at room temperature is calculated to 16.5 and its value was found to increase gradually with the thickness of the films. AC conduction studies reveale that the conduction machanism is due to hopping of electrons. The activation energies are calculated from the relaxation process and using the plot of log conductance versus the inverse absolute temperature. Cole‐C ole diagrams are drawn and from these diagrams the spreading factor, β, and relaxation time, τa, are determined.