Business Mathematics
[Business Mathematics]
Qualification
: Master of ScienceFaculty
: Business, Economics and Social Sciences; Mathematics, Informatics and Natural Sciences; Business AdministrationDuration
: 4 semestersTeaching language
: EnglishProgram start
: winter semester and summer semester, Important semester datesApplication period
: 01.06. to 15.07. and 01.12. to 15.01.Admission restrictions
: yesTuition Fees
: none, but Semester contribution
Program description
Analysts are not only in demand during times of crisis. The task of assessing opportunities and risks is acquiring increasing importance in sectors such as banking and insurance. Business mathematics is a sub-discipline of mathematics that applies mathematical methods to economic questions. In this research-based master’s program students learn to structure and analyze economic problems, and to solve these using mathematical methods. The program also takes into account the demands and developments in the world of work, and approaches the field in an interdisciplinary manner. It aims to teach students to work in a scientific manner, and to apply and analyze scientific findings.
Career prospects
Graduates are qualified for doctoral studies in mathematics and economics. Careers in a variety of business fields, for example, in finance and consulting, are open to graduates.
Program structure
The program takes place over four semesters.
- During the first two semesters, students develop their knowledge of mathematics and economics. Classes in this phase are primarily offered by the Departments of Mathematics, Business Administration, and Economics.
- At the latest in the third semester, students are introduced to current research in order to prepare for the master’s thesis.
- The master’s thesis is written up in the fourth semester.
- Mathematics: applied mathematics, stochastics
- Economics: finance and insurance; operations and supply chain management; economics
At least half of the classes taken in the first three semesters must be in mathematics and at least a third in economics. Students are free to select the remaining modules from programs in business mathematics, mathematics, business administration, economics, informatics, and business informatics.
Students take one follow-up seminar in mathematics and one in economics. Possible specializations:
Additional information on degree program
Examination regulations
Departmental regulations / Degree program regulations
Information on studying at Universität Hamburg
Applying
General admission requirements for all master’s degree programs:
Proof of first degree, language proficiency
Further details ...
Special admission requirements for this degree program:
Application requirements:
- a consecutive bachelor’s degree in business mathematics or mathematics (with the supplementary subject of business administration or economics) OR a bachelor’s degree in business administration or economics from Universität Hamburg OR a comparable degree from another university OR a bachelor’s degree in another mathematics or economics subject
- proof of at least 60 credit points in mathematics classes and at least 20 credit points in economics classes
- In exceptional cases, students with different qualifications may be admitted to the program (as appropriate, with individual requirements) if proof of subject-related knowledge can be demonstrated (e.g., relevant internships, professional experience, or work).
- Applicants must have sufficient proficiency in German and English to be able to follow classes. Foreign applicants must provide proof of sufficient language proficiency.
Applying / Application procedure
Application period(s)
Selection criteria
Contact
General academic advising
Subject-specific advising
Studienbüro BWL (Academic Office at the Faculty of Business Administration)
Team for business mathematics
At the department of Mathematics
Studienbüro Mathematik (Academic office at the Department of Mathematics) (German)
03. Mai 2024