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Mathematical Economics (BSc)

What is Mathematical Economics about?

How do navigation devices find the shortest route? How can you understand a balance sheet? How does demographic change effect risk management in banks and insurance companies? Mathematical Economics is an applied mathematical degree programme. You are taught structures and methods for analysing and solving mathematical problems such as in the banking and insurance sector or optimising supply networks (energy, water, logistics).

You will study courses in finance and insurance mathematics, economics, optimisation and stochastics and acquire mathematical skills to analyse empirical data. Basic knowledge in information technology is essential as you will need to analyse large amounts of data as efficiently as possible. You will also study computer science in this degree programme. Apart from an interest in mathematics, economics and current issues in these areas you should be prepared to work with computers.

After completing the degree programme, you will be able to analyse economic problems, optimise processes and predict outcomes with mathematical methods.

What can I do with this degree?

Mathematical economists work in

  • in the banking and insurance industry,
  • in management consultancies and
  • wherever processes or structures need to be optimised, predicted and evaluated, e.g. in energy/pharmaceutical companies, logistics or transport companies.
What qualities and skills do I need?
  • interest in mathematics
  • curiosity and perseverance
  • team skills (you cannot study mathematics on your own and the best solutions involve team work)
  • analytical skills and abstract thinking
Good reasons for choosing to study at FAU
  • Three subjects in one degree programme: you study mathematics, economics and computer science and will be well prepared for your future career.
  • We use innovative forms of learning such as project seminars.
  • You acquire a variety of core skills: including analysis, modelling and structuring skills you will learn to recognise and solve problems within a larger context.
  • Thanks to our numerous contacts with industrial companies you can gather practical experience in placements or find a job in a company that interests you.
Potential challenges
  • The mathematical content of the degree programme differs from school mathematics. You may find it difficult to cope with the mathematics modules during the first few semesters. However, you can attend a preparatory course and an orientation seminar in mathematics.
  • In Mathematical Economics you are expected to work hard. We recommend not to postpone examinations in the early semesters to avoid a huge pile of work towards the end of the degree programme. You should try to complete the examinations required in each semester as per the study plan.
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Degree program start date and application deadlines

The degree programme Mathematical Economics (BSc) is currently exempt from admission (NC-free) and can only be started in the winter semester. Applications for enrolment are normally made between the beginning of June and the end of September online via www.campo.fau.de.

Further information on the application

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Degree type: Bachelor of Science (B.Sc.)
Type of study: One subject Bachelor's degree programme
Location: Erlangen
Standard duration of study: 6 Semester
Start date of degree program: Winter Term
Size: (currently 1-50 Students)
Faculty: Faculty of Sciences
Admission: No Admissions Restrictions