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M.Sc. Business Mathematics

University of Hamburg Hamburg

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  • No tuition
    Tuition
  • Winter and summer
    Intake
  • English
    Language
  • 15 Jan
    Next deadline

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About the programme

Business Mathematics is a research-based Master of Science at Universität Hamburg that applies mathematical methods to economic questions, such as assessing opportunities and risks in banking and insurance. In the first two semesters you build your knowledge of mathematics and economics; by the third semester you meet current research, and the fourth is for your thesis, which should be relevant to both fields. At least half of your classes are in mathematics and a third in economics, with specialisations such as applied mathematics, stochastics, finance and insurance, or operations and supply chain management. It lasts four semesters, is taught in English, and you can start in winter or summer.

Fields of study

Business & Management(Business & Economics)
Mathematics(Mathematics & Statistics)

How to apply

ChannelDirect to university
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 Business Mathematics at University of Hamburg

English language

IELTS Overall
5.5/ 9.0

Academic requirements

Completed Bachelor's degree
Required
MOI accepted as English proof
Accepted
View academic requirements details

Yes

No

Tests and documents

Statement of Purpose (SOP)
Required
Curriculum Vitae (CV)
Required
Letters of Recommendation
Required
GRE
Not required
GMAT
Not required
View document requirements details

Letter of motivation (about one page): Why do you want to study Business Mathematics? What interests you most? What are you hoping to achieve in your studies regarding your further scientific education?

Yes

Yes

No

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

Application requirements:

  • a consecutive bachelor’s degree in business mathematics or mathematics (with the supplementary subject of business administration or economics) OR a bachelor’s degree in business administration or economics from Universität Hamburg OR a comparable degree from another university OR a bachelor’s degree in another mathematics or economics subject
  • proof of at least 60 credit points in mathematics classes and at least 20 credit points in economics classes
  • In exceptional cases, students with different qualifications may be admitted to the program (as appropriate, with individual requirements) if proof of subject-related knowledge can be demonstrated (e.g., relevant internships, professional experience, or work).
  • Applicants must have sufficient proficiency in German and English to be able to follow classes. Foreign applicants must provide proof of sufficient language proficiency.

For the Master's program in Business Mathematics you need to have accomplished a Bachelor's degree in Business Mathematics or Mathematics (with Economics as subsidiary subject) or Economic Scienes (with strong focus on Mathematics). The content of this degree must be comparable to the Bachelor’s degrees in Business Mathematics, Mathematics, Business Administration or Economics from the University of Hamburg.

  • You are eligible, if you can prove, that you have gained at least 60 ECTS Credits in Mathematics and at least 20 ECTS Credits in Economic Sciences.

Recognition of foreign educational qualifications : UHH : University of Hamburg (opens in a new tab)

Application for a summer semester:

  • 15 October – 15 January Recognition of higher education entrance eligibility for the application for all degree programs for the summer semester

Documents checklist

What to prepare for your application to Business Mathematics

Programme-specific documents

Degree certificate or provisional Transcript of Records

If you are still studying when you apply and cannot yet provide a final certificate containing your grades, please submit your current Transcript of Records confirming your provisional grade point average. You will then need to submit your degree certificate by the end of the first semester of your master’s program.

You are eligible, if you can prove, that you have gained at least 60 Credit Points in Mathematics and at least 20 Credit Points in Economic Sciences.

Current Transcript of Records with proof of the conversion of your final grade or your current grade average into the German grading system

If you do not have proof for this, we recommend that you provide your current overall grade, as well as the highest and lowest grades that are considered passing grades at your university. You can also request this conversion at www.uni-assist.de if necessary. Grade conversions from the Zentralstelle für ausländisches Bildungswesen (Central Office for Foreign Education), the Zeugnisanerkennungsstellen (Certificate Recognition Offices) of the German federal states and APS certificates from the Akademische Prüfstellen (Academic Examination Offices) of China, Vietnam and Mongolia can also be submitted.

Self-written list of your completed modules in Mathematics and their Credit Points

Self-written list of your completed modules in Economic Sciences and their Credit Points

Curriculum Vitae (in English)

LOM

Proof of knowledge of the English language (see Admission requirements)

Your proficiency in English will be considered as proven if at least one of the following applies to you:

You have passed a test within CEFR/TELC at level B2

You have passed the IELTS test with a score of at least 5.0

You have passed the TOEFL test with 72 credits in the internet-based test (TOEFL iBT)

You have passed Cambridge Certificate of Advanced English (CAE), of Proficiency in English (CPE), Higher Business English

You have a degree from a Bachelor degree program taught in English language

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.

View document bundle

How to apply

Step-by-step guide to applying for Business Mathematics at University of Hamburg

Application quick facts

Apply via

Direct to university

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

Complexity

Medium

Address

General student guidance and counselling

University of Hamburg

CampusCenter

Zentrale Studienberatung und Psychologische Beratung

Alsterterrasse 1, 20354 Hamburg

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Costs

Tuition

FREE

No tuition fees

Semester contribution

343 EUR

per semester

Application fee

0 EUR

per application

Estimated year-1 total cost

12,590 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

Nil

Plan your total budget for Germany

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Admission outcomes

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