Business Mathematics
Summary
| Degree | Master of Science (M.Sc.) |
|---|---|
| Subject group | Natural Sciences and Computer Sciences |
| Standard program duration | 4 semesters |
| Admission requirements |
none
|
| Start of studies |
Winter semester
Summer semester |
| Language | German |
| Enrollment requirements | |
| Further information | Website of Department of Mathematics |
Overview
Business mathematicians apply mathematical methods to economic problems. The Business Mathematics program consists of mathematics, economics, and computer science. The Master’s degree provides the expertise needed for a challenging career in business and industry or in public service. Graduates are able to develop and implement procedures for solving practical problems with the help of mathematical and economic methods while taking economic requirements into account.
This program is offered jointly by the Department of Mathematics and the Department of Business and Economics. The Master’s degree allows for in-depth study and specialization in topics from (business) mathematics and economics. Also, among other things, it prepares graduates for possible doctoral qualification in mathematics or in business and economics.
A Master’s thesis (6 months) is completed in the fourth semester; this work can be done in mathematics or in business and economics.
Skills and knowledge
Prerequisite for the Master’s degree program in Business Mathematics is a Bachelor’s degree in Business Mathematics or Mathematics with a grade point average of 3.0 or better, or a comparable degree in a program of at least six semesters. Comparability is generally recognized when the applicant has obtained 70 credits in the field of mathematics and 50 credits in business and economics.
Field of activity
Business mathematicians work at banks and insurance companies, investment companies, consulting firms (management consulting), and in the computer business and other industries, as well as at universities and research institutes. Besides research, fields of employment include systems analysis, organization, planning, investment and financing, risk analysis and management, and supervision of corporate accounting. The wide range of application fields and dynamic developments in certain areas (for example, in the financial sector) lead to favorable career prospects.