Master of Science in Business Mathematics Friedrich Schiller University Jena

The main goals of the MSc Business Mathematics programme are to enable students to successfully do research in mathematics and to prepare them for quantitative jobs. Particular emphasis is put on teaching mathematical optimisation, stochastics, and economics. Training in modern mathematical methods is the key aspect of the programme. Additionally, important language and communication skills are taught, qualifying graduates for the international job market and for cooperation with research groups in foreign countries.

The mathematics modules in the MSc Business Mathematics programme are taught in English. Students can freely choose from a wide variety of mathematics modules, and they choose one area of specialisation for the economics portion of their Master's programme. A total of 120 ECTS credits have to be collected, according to the following subcategories:

• 18-30 ECTS credits in mathematical optimisation and stochastics
• 9-21 ECTS credits in further areas of mathematics
• 30 ECTS credits in one area of specialisation in economics
• 30 ECTS credits for the Master's thesis
• 18 ECTS credits in your minor subject and general key qualifications (ASQ)

International students who do not already have knowledge of German of at least level A2 CEFR are required to choose "German as a foreign language" as their minor subject. They can collect all 18 ECTS credits required for their minor subject by attending German classes.

The latter regulation does not apply to students who choose an area of specialisation in Economics other than "Innovation and Change" or "Economics and Strategy".

The areas of specialisation in Economics are:

• innovation and change
• economics and strategy
• financial risk
• management science
• accounting, taxation and capital markets
• marketing management

Applicants should hold a Bachelor's or equivalent degree with above-average grades.

Mathematics is the most central part of our Business Mathematics programme. Applicants must have a strong mathematical background; they must have at least 100 credit points in advanced mathematics at a Bachelor's level with above-average grades. A Bachelor's or Master's degree in e.g. business administration, accounting or economics is typically not sufficient to be accepted.

Applicants with a first degree in mathematics have to prove sufficient knowledge in business and economics (at least 30 credit points).

Proficiency in at least one advanced programming language is required. You are not required to provide proof.

Approx. 320 EUR per semester. Includes the Deutschlandsemesterticket (free public transport in Germany) and the Jena culture ticket; see details here.

Studying in Jena is tuition-free.

Costs (per month) vary depending on individual circumstances: rent and food: 550 EUR, books and learning materials: 50 EUR, health insurance: 120 EUR, other expenses: 180 EUR, total: 900 EUR.

There are various job opportunities in Jena. You should have at least a good command of German if you want to have a wider choice of jobs. Jobs in which you do not need (much) German are rare, often physically demanding, and not very well paid. In some cases, you may also have to commute to nearby cities. Our Career Point offers advice on finding a job.

Deutschlandstipendium (application in April each year).

Some programmes offer scholarships. Please consult the specific study programme website.

When applying for internships, part-time jobs or entry-level roles after graduation, the Career Point team at the University of Jena supports Bachelor’s and Master’s students with free events and advisory services. Career talks, alumni events, company visits, workshops on soft skills, intercultural skills, and future skills, and a free interdisciplinary career and job fair enable exchange with employers. Templates, a job portal, LinkedIn and a mailing list provide information on vacancies, event invitations and exclusive offers. Students interested in entrepreneurship can reach out to the university’s K1 Startup Service.

Bachelor's and Master's level students may apply for student accommodation (all off-campus, furnished single rooms in shared apartments, rent: 200 to 350 EUR per month, application deadline: 15 July/15 January).

International doctoral candidates have the possibility of applying for a place in one of three university guesthouses. Enrolled doctoral candidates can also apply for a room in student housing.

You can find more information about finding accommodation in Jena here.