Degree programme Mathematics in Business and Economics (Master) accredited

Important information

Please note that not all information is translated. Please refer to the german version for missing information.

Admission requirements

Prerequisites for the admission to the Master's course:
• A first in Germany recognised university degree that qualifies for a profession or a degree from a state or state-recognised university of cooperative education in the area of Mathematics or a study programme with closely related technical orientation, as particularly in Mathematics and Technomathematics. An Admission Committee is established for the settling of instances of doubt during the assessment of the completed study programmes.

• mastery of the English language at level B2 of the Common European Framework of Reference for Languages.Notes to the required language skills
This may inter alia be proven by a general certificate of aptitude for higher education or a subject bound advanced technical college entrance qualification, comprising the foreign language English.

German language requirements

International applicants and German applicants with foreign school leaving certificate please find information here: language requirements.

Application hints and tips

If, at the time of the application, proof of the first degree that qualifies for a profession cannot yet be provided, applicants will be considered if 80% of the achievable points of the university degree can be proven by a certificate of the university of origin (Examining Office), on the basis of a completed module exam, assignment paper or colloquium. For Master study programmes with restricted admission (TU-Nc), the certificate shall also include a provisional average mark, calculated on the basis of academic achievements already completed.

General information for the degree programme

Mathematics is a key technology for most fields in research, industry and economy and the importance of mathematics will continue to grow. Financial engineering and the analysis of complex financial products, the minimization of transportation costs, the optimization of portfolios, the corporate management - none of these fields can do without modern mathematical tools and models.

The first three semesters cover the taught part of the programme (90 ECTS points), in the last semester students work on their research-oriented MSc thesis.

The modules in probability theory & statistics, financial & actuarial mathematics, continuous and discrete optimization are mandatory (24 ECTS points).

Furthermore, students choose two modules in the field of stochastics (12 ECTS points), mandatory electives in the mathematical field (30 ECTS points) and a module on scientific research (6 ECTS points). In order to emphasise the business aspect of the programme, students choose either business management or economics as their minor.