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M.Sc. Wirtschaftsmathematik (Business Mathematics)

This applied master program specializes in applied mathematics, computer science and economics, with a focus on e.g., financial or actuarial mathematics. The program also aims to enhance independent scientific research. Graduates are qualified to take on responsibility for tasks in industry, economics and administration which require the knowledge of mathematical concepts and techniques utilized in mathematical economics. Additionally, the completion of a highly successful master’s degree enables the graduate to continue on to a doctoral degree.

The M.Sc. Wirtschaftsmathematik program is comprised of modules (What are modules?) from the fields of mathematics, economics and computer science. The following table provides an overview of the modules to be completed throughout the course of study according to their allocation to academic disciplines in terms of content. The elective modules can be chosen based on individual interests. Further information on the study program can be found at the German program web page, in the Study and Examination Regulations and the current module guide (both only available in German).

Specialization and Practical Modules in Mathematics  
   Internship Stochastics
        Praktikum zur Stochastik
E 6

1 out of 3

   Industrial Internship
E 6
   Advanced Business Mathematical Internship
        Fortgeschrittenes Wirtschaftsmathematisches Praktikum
E 6
   Eligible modules according to the module guide  *) E 27
Computer Science
   Database Systems
R 9
Applied Modules in Business Mathematics
   Eligible modules according to the module guide  **) E 12
Modules in Business Administration and Economics 18**)
   Eligible modules according to the module guide  ***) E 18
Specialization Area 18**)
   Selected Advanced Topics in Business Mathematics (Seminar)
        Ausgewählte fortgeschrittene Themen der Wirtschaftsmathematik (Seminar)
E 3

 1 out of2

   Seminar in economics E 6
   Eligible modules according to the module guide E 12-15
Final Module   30
   Master Thesis
R 30
Sum   120

(R=Required module, E=Elective)

*) At least 18 credit points in Applied Mathematics modules must be completed for the Specialization and Practical Modules in Mathematics (one of which is a Stochastic Advanced module, unless such a module has already been taken in the Bachelor programme). A maximum of one advanced module may be included.

**) At least two modules must be selected in the area of "Modules in Business Administration and Economics" from one of the areas of emphasis "Accounting and Finance", "Information and Innovation Management", "Market-Oriented Management" or "Economics". Further economic modules, which may be selected in the "Specialization Area", must be assigned to the same focus.