Master of Science (MSc)
Mathematics and Management
More about the course
You can mostly select your modules freely and have a choice of specialisations in the subjects
- Algebra and Number Theory
- Analysis
- Financial Mathematics
- Numerics
- Optimisation
- Stochastics
- Actuarial Science
or in a management subject.
Academic Degree
Master of Science (MSc)
Type of Study
- Full-time
Study Curriculum
Application
Admission regulations:
Start of Study
- each summer and winter semester
Orientation Offer
Language of instruction
- German and English
Admission Requirements
- No restriction
ECTS Credits
120
Standard Period of Study
4
Latest news
Who is the degree programme for?
This degree programme is right for you if you:
- want to understand economic relationships mathematically,
- work in an analytical, structured and independent manner,
- appreciate both theory and practical applications,
- want to deepen your knowledge at the highest level.
In addition to mathematical methods, you will learn structured thinking and working, a skill that is valued and sought after by employers.
Would you like to become an actuary? Then Mathematics and Management is perfect for you: you can complete part of your actuarial training by obtaining all six DAV certificates in basic knowledge (DAV-Scheine des Grundwissens).
A completed bachelor's degree in a mathematical subject or a related field of study is a prerequisite for admission. It is also possible to transfer from related fields of study.
Structure of the study programme
The aim of the Master's degree programme in Mathematics and Management is to expand and deepen the knowledge and methodological skills acquired in the Bachelor's degree programme to the current research level. You will be introduced to independent scientific work to a greater extent.
In the Master's programme, you will learn:
- to apply mathematical methods to real-world problems,
- to develop and evaluate new procedures,
- to analyse complex economic systems,
- integrate current research into your work.
You can flexibly tailor your Master's programme to your interests.
Teaching
At Ulm University, we place great importance on providing you with the best possible education, intensive support and an open learning atmosphere. This includes, in particular, direct and personal contact with teaching staff and individual counselling opportunities.
The broad range of subjects offered by our faculty opens up a wide range of options for your studies, particularly when it comes to choosing your specialisations and areas of focus.
In addition, the close contact between the faculty and industry makes it easy for you to participate in interdisciplinary research projects and collaborate with companies.
Programme structure Master Mathematics and Management
Why Ulm University?
The following characterises studying at Ulm University:
- Personal atmosphere: At Ulm University you don't study in an anonymous mass organisation. Overcrowded lecture halls or long waiting times for seminar places and theses? Not here with us. Instead, you benefit from a personalised learning environment that supports you individually and offers you the best conditions for your academic success.
- Wide range of degree programmes: The mathematics degree programme in Ulm is just as diverse as the faculty itself. Whether you are more interested in theoretical issues or prefer applied Mathematics - you can tailor your studies to your interests and set specific specialisations.
- Close contact and interdisciplinarity: The direct line to lecturers gives you an early insight into current research projects. At the same time, close cooperation with other disciplines and partners from industry promotes a practical and interdisciplinary education.
- Reinforced career prospects: Thanks to our wide-ranging network in science and business, you have the best prerequisites for a successful career start. Our graduates are in demand - among others at financial service providers, in software development, in tech start-ups and wherever data-based solutions are needed.
- International focus: Want to broaden your horizons? We offer you numerous opportunities to spend time abroad during your bachelor's degree. Students who study at our partner institutions via exchange programmes are exempt from tuition fees there.
Going abroad
A great way to broaden your horizons in a discipline is to study at a foreign university. Ulm University students can apply for one or two semesters abroad at numerous universities, both throughout Europe as part of the ERASMUS programme and outside Europe. Internships and theses at other universities are also possible. Ulm University has exchange agreements with over 100 universities in 26 countries.
Specifically for the mathematical Master's programmes, there is the USA exchange programme, which allows you to spend a year at an American University. Participation in this programme is usually fully funded by a tutoring position at the host university.
There is also the Fudan-Shanghai exchange programme specifically for the Mathematics and Management master's programme, in which you complete a double degree by studying for one year at Ulm University and one year at Fudan University in Shanghai.
Exchange programmes of the faculty
Fudan exchange programme
USA exchange programme
International Office
What students and graduates of UUlm have to say
Niklas Urban, KPMG
I specifically transferred to the University of Ulm to pursue a master's degree in Mathematics and Management in order to deepen my knowledge of financial mathematics. The analytical and structured thinking skills I developed during my studies made it easier for me to transition into the business world – in my case, into management consulting.
Larissa Schöpf, Allianz Lebensversicherungs-AG (Master's degree in Actuarial Science)
I studied Mathematics and Management with a focus on actuarial science at the University of Ulm. During my studies, I completed almost all DAV certificates so that I would have the opportunity to work as an actuary later in my career. Only the University of Ulm offers this programme, and it is extremely helpful when starting your career!
André Bluhm, CEO & Co-Founder @ ΩMEGA (Master's in Mathematics and Management)
As a former management consultant and current managing director and founder of several AI start-ups, I am always grateful for the education that studying Mathematics and Management in Ulm gave me. In addition to the essential theoretical tools for solving problems in a structured manner, I learned to apply these analytical skills in innovative practical projects. With a degree in hand, you are thus well prepared for your career start, especially in the field of data and AI – whether in large, renowned companies or as the founder of your own technology start-up.
You can find even more impressions on our YouTube channel.
Introduction to Ulm.
Studying at Ulm University.
Career prospects
With a Master's degree in Mathematics and Management, you will be excellently positioned – with broad subject knowledge, strong methodological skills and analytical training.
Typical career fields:
- banks, insurance companies, financial service providers,
- management consulting, controlling, risk management,
- software development, data analysis, AI development,
- research, teaching, and continuing education.
In addition, a master's degree opens up the possibility of pursuing a doctorate.
During your studies, you can complete part of your actuarial training by obtaining all six DAV certificates in basic knowledge (DAV-Scheine des Grundwissens). The many trade fairs and the WiMa Congress will help you with your career start. Thanks to the high reputation of Mathematics and Management at Ulm, your career prospects are excellent.
And best of all: according to a graduate survey, 86% of Ulm's Mathematics and Management graduates are very satisfied with their professional situation.
Hans Melchiors, Member of the Board of Volksfürsorge Versicherungen
Students of Mathematics and Management at Ulm University have excellent knowledge of their respective fields. Since mathematics and economics are combined in one faculty, students have an excellent connection between theory and practice, enabling them to transition into the professional world without major adjustments.
Studying and living in Ulm
Welcome to the most liveable city in Germany. In Albert Einstein's birthplace, scientific research, leisure, top employers and culture come together in a unique way. Top locations and events such as the Ulmer Zelt, Nabada or the Donaufest attract visitors to the quaint streets. Here you feel at home!
The city of Ulm has a broad cultural programme. Ulm University students can even attend performances at Ulm Theatre free of charge! In addition, the student council organises film events every week at the CineSpatz film department.
Copyright: City of Ulm
Living and housing in Ulm
Goal achieved! You now have all the information you need about the Business Mathematics degree programme.
Last Step: If you can answer many of these questions positively, then the Mathematics and Management programme could be the right choice for you!
- Do you expect a degree programme to be characterised by interdisciplinarity and practical relevance?
- Are you looking for a broad-based education that combines mathematics, economics and computer science?
- Are you interested in the economic applications of deep mathematical structures and results?
- Would you like to find a degree programme that leads to career opportunities at financial services providers, insurance companies, management consultancies and software companies?
Any questions? Student Advisory Service
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