Degree Structure and Courses
Degree Structure and Courses of the Master’s program in Business Mathematics
In this research-oriented Master's program students will learn to take up complex problems from the economic sciences and to solve them using mathematical methods even beyond the limits of the current state of knowledge. Taking the requirements and changes in the professional world and the interdisciplinary references into account the program is designed to teach the necessary subject-specific methods and to expand the mathematical and economic skills and knowledge that enable students to work scientifically, to apply and critically classify scientific findings and to act responsibly.
In the first two semesters you will deepen your knowledge of mathematics and economics through lectures and seminars. In doing so, you can choose from an extensive range of courses offered primarily by the Departments of Mathematics, Business Administration and Economics. In the 3rd semester at the latest, you will be introduced to current research and in this way prepared for the Master's thesis, with which you will complete your studies in the 4th semester.
Of the courses in the first 3 semesters, which comprise a total of 90 ECTS credits, at least half must be completed in the field of mathematics and at least one third in the field of economics. The remaining modules can be chosen from the Master's degree programs in Business Mathematics, Mathematics, Business Administration and Economics.
In the fields of mathematics and economics, one specialization each must be chosen. Possible specializations within mathematics are "Applied Mathematics" and "Stochastics". Possible specializations within economics are "Finance and Insurance", "Operations & Supply Chain Management", “Business Analytics” and "Economics". At least 30 credit points must be completed in the specialization within mathematics, and at least 21 credit points in the specialization within economics.
The Master's thesis can be written either in the field of mathematics or in the field of economics and should also show references to the other field. With a successful completion, you will then have proven your qualification for a doctorate in the subjects of mathematics or economics.