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Mathematical Economics (MSc)

What is the degree programme about?

This degree programme teaches the skills you need to conduct independent postgraduate research over two years. It covers a wide range of topics and methods, giving you the opportunity to choose modules according to your personal interests. The variety of modules available reflects the range of the research conducted at the Department of Mathematics and the School of Business and Economics.

Research priorities of particular relevance to the degree programme include stochastic processes, probability theory, optimisation with partial differential equations, vector and quantity optimisation, numerical analysis and fluid mechanics, integer programming and discrete-continuous optimisation.

Core subjects and specialisation options

Students may choose one of the following programme specialisations:

  • Optimisation and process management
  • Stochastics and risk management
Modules and degree programme structure
  • 1st-3rd semester: modules in your chosen specialisation
    After discussing your study plan with your mentor, you take modules (including seminars) in your chosen programme specialisation, a mathematical elective module from the other programme specialisation and in business and economics (it is recommended you choose two specialisations from subjects such as information systems, econometrics, game theory, logistics or production).
  • 4th semester: Master's thesis
    You have six months to work on and complete a research project of your choice and write your Master's thesis.
What else do I need to know?
  • Each student chooses a lecturer from the Department of Mathematics as a mentor at the beginning of the Master's degree programme who helps them design an individual study plan.
  • It is possible to spend the second or third semester abroad.
Admission requirements

Applicants must have a Bachelor's degree in mathematical economics, technomathematics, mathematics or data science or a closely related subject. A Bachelor's degree in a business and economics subject (such as business administration, economics or other variants) will be accepted as a related degree. Applicants with a related degree shall only be admitted to the Master's degree programme after passing an oral admission examination.

A minimum of 45 ECTS credits in mathematics is required for a related degree to be accepted.

Applicants whose native language is not German must submit proof of sufficient German skills and must be able to discuss mathematical topics in German.

Applications

Please apply through the application portal campo. If you have not yet completed your Bachelor's degree you must have obtained at least 140 ECTS credits (ideally more) at the time of application. In exceptional cases, applicants who have not yet obtained enough ECTS credits may be allowed to provide proof of these before the qualification assessment process.

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Degree program start date and application deadlines

Please find more detailed information on how to apply for a Master or advanced degree program on the following website: https://master.fau.de.

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Degree type: Master of Science (M.Sc.)
Type of study: Master
Location: Erlangen
Standard duration of study: 4 Semester
Start date of degree program: Summer Term, Winter Term
Size: (currently 1-50 Students)
Faculty: Faculty of Sciences
Admission: Qualification assessment