Admission requirements

Requirements to be admitted to the Master’s degree program:
• Candidates must have completed a first vocational university degree recognized in Germany or a qualification from an officially recognized vocational academy in the field of mathematics or a closely related program of study, in particular in mathematics in business and economics or technomathematics. An Admissions Committee will be set up to decide on questions of doubt regarding the assessment of study programs.

• Proficiency in English at B2 level of the Common European Framework of Reference for Languages. More on proof of language skills
Proof must be provided in the form of a certificate for general university entrance qualification, a certificate for subject-specific university entrance qualification comprising English as a foreign language, a certificate for university entrance qualification from a program completed in English, a certificate of a university degree program completed in English or the result of an internationally recognized language test, e.g. TOEFL (72), IELTS (5.5), UNIcert II.

Notes on the application process

If, at the time of application, proof of the first degree qualifying the applicant for a profession is not yet available, the application will be considered under the precondition that 80% of the credit points attainable for the degree have already been achieved based on completed module examinations or the final thesis and the colloquium (if applicable). A certification from the awarding institute of higher education (examination office) serves as proof of the above-mentioned academic achievements. You can find the appropriate form on the Admissions Office website.

General information about the degree program

Mathematics is embedded in the structure of financial markets and the financial sector as a whole. Mathematical methods are applied for forecasting, modeling and simulation, measurement and risk hedging, as well as the optimization of processes and production flows.

Analyzing financial products, minimizing transport costs, optimizing portfolios, steering a company, quickly transmitting data, and lowering fuel consumption would all be inconceivable today without mathematical models or their analysis and solution.

As such, the career options open to our graduates are multifaceted and abundant. The Mathematics in Business and Economics Master’s degree program is application-oriented. It aims to provide students with sound skills, scholarly flexibility and creativity as well as a readiness to work together with others. Special emphasis is placed on skills in mathematical areas that are relevant to business and economics, with a concentration in stochastics and optimization. A minor subject in economics supports the practical orientation of the degree program. The Scientific Research and Writing module prepares students for their Master’s thesis. The Scientific Literature – Research Topics module is intended to support them during the writing process.

Students can begin their studies either in the winter semester or the summer semester. They also have the option to study part time.

Study contents

The program is organized in modules. The curriculum is divided into three semesters. Students write their Master’s thesis in the fourth semester.

The Mathematics in Business and Economics Master’s degree program comprises compulsory modules in mathematical statistics, probability theory, financial and actuarial science, continual optimization and discrete optimization. Students must then choose another module in the area of stochastics. They must also select an elective compulsory field comprising 24 ECTS points with mathematical content from the areas of analysis, algebra, differential equations, discrete mathematics, financial mathematics and mathematics in business and economics, geometry, numerical mathematics, modeling and simulation, optimization or stochastics. These are supplemented by elective modules in non-mathematical minor subjects (24 ECTS points) of business and economics, supporting the degree program’s orientation toward practical application in this field. A vocational internship (or two) totaling up to eight weeks can also be completed and credited to the elective compulsory field.

Stay abroad

Would you like to spend a semester abroad? Whether it is a semester, an internship or a language course abroad, you will definitely benefit from the international experience. You can improve your subject and language skills, establish new contacts, make friends, get to know other cultures, and much more. You can find more information on the International Office’s website.

Occupational fields

The Master’s degree program in Mathematics in Business and Economics prepares students for a broad spectrum of occupational fields in economics, technology and science. In addition to IT, corporate consulting, insurance and banking, mathematicians are also in high demand in industrial research and development, biotechnology, and management thanks to their abstractive abilities.

Study documents

The official announcements of TU Dresden include all published regulations . Please use the search bar to find the document you need: Official proclamation

The regulations are also available on each institution’s website.

Contacts

Admissions Office

Faculty of Mathematics

International Office

Additional information