Master in Finance

Welcome to the web pages of the Master in Finance! We offer a two-year program that blends finance and mathematics. It is quantitative yet practical.

According to an analysis by Times Higher Education that is based on research and teaching excellence, Ulm is ranked 16 worldwide among all universities founded in the Golden Age of Higher Education, an era between 1945 and 1967 that is characterized by rapid university expansion. In a broader perspective, Ulm University improved by another 8 ranks and is now ranked 141 worldwide among all universities regardless of their age, according to another analysis by Times Higher Education.

Start: winter semester
Duration: 4 semesters
Degree: Master of Science
Language of Instruction: English
Application: online application from January, 1 until April, 30

Learn more about the application process and the admission requirements.

Aims of the Program

The Master in Finance program provides a unique interdisciplinary education in mathematical finance to students from around the world. The program, which is taught in English, includes courses from mathematics, applied mathematics, finance and insurance.

Special attention will be given to foundations from various branches of applied mathematics (stochastics, statistics, applied and numerical analysis), which are necessary for modeling complex financial processes and products. With the help of such knowledge, students will be able to use advanced mathematical methods in order to solve practical problems. Example applications are portfolio optimization, the pricing and risk analysis of credit derivatives, asset-backed securities and insurance products, or bankruptcy prediction. Many of the offered courses focus on such applications. Students will also gain familiarity with the information system Thomson Reuters, which is available in the faculty’s trading room.

Learn more about the curriculum.

Professional Perspectives

Through the program, students will gain a sound understanding of cutting-edge techniques used by financial institutions, consultants, regulators and many other economic institutions. Topics of the program include valuation and hedging of derivatives, portfolio and risk management, regulatory aspects, and insurance. Graduates with a sound training in these areas are sought after on the job market.

Hear more from our students.

Latest news:
Talks at the WiMa-Kongress

On Saturday, 16.11.19, the WiMa-Kongress, which is an annual event which combines talks, a large job fair with companies related to mathematics and economics and an alumni meeting, took place at Ulm University.

At this occasion, Joachim Plath and Daria Urman, two former students of the university, gave practical insights into their working life. Joachim Plath, a graduate in Economics and Business Administration, now working at Finreon AG, held his presentation about Quantitative Asset Management from a practitioner’s view. Daria Urman, a Master in Finance graduate, gave a very interesting talk titled "Rethinking Ownership of Companies: Steward Ownership for a Better Economy". We thank both speakers for their time and their valuable insights.

Read more news.

Joachim Plath at his talk about Quantitative Asset Management at the WiMa-Kongress 2019.