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M.Sc. Quantitative Decision Making in Economics and Management

Johannes Gutenberg University Mainz (JGU) Mainz

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  • No tuition
    Tuition
  • Winter intake
    Intake
  • English
    Language
  • 4 semesters
    Duration
  • 15 May
    Next deadline

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About the programme

Quantitative Decision Making in Economics and Management (QDEM) is an English-taught Master of Science (M.Sc.) at Johannes Gutenberg University Mainz. It takes 4 semesters (120 ECTS) and starts in the winter semester. There is no numerus clausus, but you must pass a study aptitude test. The programme brings data science, management science and behavioural decision science together in one degree. You learn data analysis methods, planning and optimisation of business processes, and how to view economic decisions and strategic interactions through psychology and the social and behavioural sciences. You also master advanced econometric methods, for example for labour market and health economics, and data preparation and visualisation. It suits you if you want to understand how people actually make decisions and how algorithms can improve them. Requirements include a Bachelor's with 19 credits in quantitative methods such as maths, statistics or econometrics, and 18 credits in management and economics.

Fields of study

Economics(Business & Economics)
Business & Management(Business & Economics)

How to apply

ChannelDirect to university
Modeonline
APSRequired for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

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Requirements

What you need to apply for Quantitative Decision Making in Economics and Management at Johannes Gutenberg University Mainz (JGU)

English language

IELTS Overall
5.5/ 9.0

Academic requirements

Completed Bachelor's degree
no
Minimum ECTS credits
180

ECTS are study credits. One year of full-time study is about 60 ECTS.

APS verification

APS certificate
Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Prerequisites

admission requirements

First university degree :

Diploma from the previous course of study in which the following subjects are shown in the required minimum amount.

  • 19 ECTS in Mathematics/Statistics/Econometrics/(Quantitative) Empirical Economic Research
  • 18 ECTS in Management/Economics

English language skills at B2 level:

proven by one of the following options:

  • Obtaining university entrance qualifications at an English-speaking institution
  • degree in an English-language degree program
  • First Certificate in English (University of Cambridge ESOL Examinations) oder höher (Advanced (CAE) or Proficiency (CPE))
  • IELTS (International English Language Testing System), at least 5.5 points
  • TOEFL (Test of English as a Foreign Language), 72 (internetbased test, ITB), 47 (revised TOEFL Paper-delivered Test, PdT)
  • Telc English B2
  • OTE (Oxford Test of English): Average 111 out of 140
  • PTE (Pearson Test of English) Academic: 59-75 Punkte

Entrance test :

The electronic test is designed to check basic knowledge (you can find more information on this on the  course page (opens in a new tab) ). The result counts for 50% of the grade (see selection procedure).

Documents checklist

What to prepare for your application to Quantitative Decision Making in Economics and Management

Programme-specific documents

Your school leaving certificate: diploma + transcript of records indicating subjects and grades

Your university entrance examination certificate (only for countries where a university entrance examination is required for admission to a program of study)

Your university certificates (if you have already studied): diploma + transcript of records indicating subjects and grades

An uncertified copy of the ID page of your passport

Complete up-to-date curriculum vitae

Additional documents depending on the country from which your certificates originate

This programme applies directly to the university. Submit your documents through the correct channel before the deadline.

Open application portal (opens in a new tab)

Apostille and notarization

Requirements vary by nationality and issuing country. Many German universities require certified translations and, in some cases, document apostilles. Verify current requirements directly with the admissions office, or use our document services for guided preparation.

Need help preparing your documents?

Our document preparation bundle covers SOP, CV, LOR, and translation coordination, reviewed by our team.

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How to apply

Step-by-step guide to applying for Quantitative Decision Making in Economics and Management at Johannes Gutenberg University Mainz (JGU)

Application quick facts

Apply via

Direct to university

Mode

online

APS

Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Application fee

0 EUR

Address

Forum universitatis, Entrance 1, 1st floor

Johann-Joachim-Becher-Weg 2

55128 Mainz

Open application portal (opens in a new tab)

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Costs

Tuition

FREE

No tuition fees

Semester contribution

N/A

per semester

Application fee

0 EUR

per application

Estimated year-1 total cost

11,904 EUR

Includes tuition, semester contribution, and estimated living costs.

This programme has restricted admission (NC). Admission is competitive and based on academic performance.

Additional fee information

If you apply with international certificates, you will be informed in your letter of admission whether you are subject to a fee.

Plan your total budget for Germany

Use the MS in Germany cost calculator to estimate living expenses, insurance, and your full year-one spend.

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Admission outcomes

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