Master's Program in Mathematics in Business and Economics at University of Mannheim

University of Mannheim

Germany, Mannheim

University Rank:#416

University of Mannheim offers the Master of Master's Program in Mathematics in Business and Economics as a full-time degree delivered on campus at its main campus in Mannheim, Germany. Taught in English and German and completed over 2 years, the program equips students with the theoretical knowledge and practical skills required for master's program in mathematics in business and economics and related professional fields. The next available intake begins on August 1, 2027.

About Master's Program in Mathematics in Business and Economics

The masters program in Mathematics in Business and Economics is an interdisciplinary program. It is offered by the School of Business Informatics and Mathematics in close collaboration with the Business School and the Department of Economics.

During the program, students acquire advanced knowledge of mathematics, informatics, and business administration and economics. Depending on the career they would like to pursue and their personal interests, they can decide for themselves how strongly they want to focus on the individual areas.

They can, for example, specialize in financial and insurance mathematics, stochastics, and statistics, as well as in numerical analysis and optimization. In most cases, they will also write their master's thesis in their specialization.

Requirements and Admission Criteria for Master's Program in Mathematics in Business and Economics at University of Mannheim

Entry Requirements

Applicants need to have a bachelorâ€™s degree in Mathematics in Business and Economics to be admitted to the masterâ€™s program in Mathematics in Business and Economics. A degree in a different field is sufficient if it is recognized as equivalent by the admissions committee. The following requirements must be met:

a final grade of 2.8 or better,
at least 80 ECTS credits in Mathematics,
at least 30 ECTS credits in Economics and/or Business Administration.

English Requirements

IELTSMin 6
TOEFLMin 99

English Program Requirements

Language requirements
A good level of proficiency in English is recommended; no proof of language proficiency is required.
This program requires proof of proficiency in German on C1 level.

Career Opportunities after Completing Master's Program in Mathematics in Business and Economics

With their knowledge of two different disciplines, Mathematics and Business Administration/Economics, our graduates can choose from a variety of professions.

They can, for example, work in the following fields:

banking, insurance, financial services
risk management, production planning, controlling
business consulting
IT and software development.

They are particularly qualified for positions that take a more quantitative approach, such as in high-dimensional data analysis and logistics.

Apart from that, they can pursue a doctoral degree, paving the way for a career in academia in Mathematics or a related field.

Tuition and Fee Information for Master's Program in Mathematics in Business and Economics at University of Mannheim

How to Apply for Master's Program in Mathematics in Business and Economics at University of Mannheim

To apply to the University of Mannheim, you must complete an online application form and upload all required supporting documents. An overview of the required documents can be found below and on the website of the Admissions Office.

Firstly, you are asked to enter personal information and upload documents, such as a your University Entrance Qualifiction, CV, and Transcript of Records. Please make sure to upload the respective document at the right place. Please note that it is not possible to change personal data or documents that have been uploaded in this section after you have confirmed correctness of the dates you stated in the form.

In the second part of the application process you are allowed to apply for up to three degree programs. All applications are treated equally. In the application form for the “Master in Economics” you can upload your motivation letter and academic essay.

You can find an overview of the whole application process here. Please read the information carefully as it applies to all of the master's degree programs available at the University of Mannheim and is relevant for both German and international applicants. We also recommend that you read the Master’s Guide.

Master's Program in Mathematics in Business and Economics at University of Mannheim

University of Mannheim

Germany, Mannheim