Overview

Mathematics in Business and Economics is offered by TU Dresden. Mathematical methods are applied for forecasting, modeling and simulation, measurement and risk hedging, as well as the optimization of processes and production flows.

Key Facts

Analyzing financial products, minimizing transport costs, optimizing portfolios, steering a company, quickly transmitting data, and lowering fuel consumption would all be inconceivable today without mathematical models or their analysis and solution. As such, the career options open to our graduates are multifaceted and abundant. The Mathematics in Business and Economics Master’s degree program is application-oriented. It aims to provide students with sound skills, scholarly flexibility and creativity as well as a readiness to work together with others. Special emphasis is placed on skills in mathematical areas that are relevant to business and economics, with a concentration in stochastics and optimization. A minor subject in economics supports the practical orientation of the degree program. The Scientific Research and Writing module prepares students for their Master’s thesis. The Scientific Literature – Research Topics module is intended to support them during the writing process. Students can begin their studies either in the winter semester or the summer semester. They also have the option to study part time.

Programme Structure

Courses include:

The program is organized in modules. The curriculum is divided into three semesters. Students write their Master’s thesis in the fourth semester.

The Mathematics in Business and Economics Master’s degree program comprises compulsory modules in mathematical statistics, probability theory, financial and actuarial science, continual optimization and discrete optimization. Students must then choose another module in the area of stochastics.
They must also select an elective compulsory field comprising 24 ECTS points with mathematical content from the areas of analysis, algebra, differential equations, discrete mathematics, financial mathematics and mathematics in business and economics, geometry, numerical mathematics, modeling and simulation, optimization or stochastics.

Key information

Duration

Full-time
- 24 months
Part-time
- 48 months

Start dates & application deadlines

Starting 2025-10-01 00:00:00
- Apply before 2025-09-15 00:00:00 , National
- Apply before 2025-07-15 00:00:00 , International
- Apply before 2025-09-15 00:00:00 , EEA/EU
Starting 2026-04-01 00:00:00
- Apply before 2026-03-15 00:00:00 , National
- Apply before 2026-01-15 00:00:00 , International
- Apply before 2026-03-15 00:00:00 , EEA/EU

Language

English

IELTS

6.5

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TOEFL^® IBT

79

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Credits

120 ECTS

Delivered

On Campus

Campus Location

Dresden, Germany

Disciplines

Economics Mathematics Business Administration View 167 other Masters in Business Administration in Germany

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

IELTS

6.5

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TOEFL^® IBT

79

Schedule TOEFL®

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Other requirements

General requirements

Candidates must have completed a first vocational university degree recognized in Germany or a qualification from an officially recognized vocational academy in the field of mathematics or a closely related program of study, in particular in mathematics in business and economics or technomathematics. An Admissions Committee will be set up to decide on questions of doubt regarding the assessment of study programs.
Proficiency in English at B2 level of the Common European Framework of Reference for Languages. More on proof of language skills
Proof must be provided in the form of a certificate for general university entrance qualification, a certificate for subject-specific university entrance qualification comprising English as a foreign language, a certificate for university entrance qualification from a program completed in English

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at TU Dresden and/or in Germany, please visit Student Insurance Portal.

Tuition Fee

To always see correct tuition fees

International

Free

Tuition Fee

Based on the tuition of 0 EUR per year during 24 months.
EU/EEA

Free

Tuition Fee

Based on the tuition of 0 EUR per year during 24 months.

No tuition fee. Students have to pay a semester fee of 287 EUR.

Living costs for Dresden

756 - 1107 EUR /month

Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Mathematics in Business and Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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