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Faculty of Mathematics
Degree Programs

Business Mathematics (Bachelor / Master of Science)

Standard period of study:
  • for the Bachelor program: 6 semesters
  • for the Master program: 4 semesters
Start of studies:
  • for the Bachelor program: usually with the winter semester
  • for the Master program: winter or summer semester
Entrance requirement:
  • for the Bachelor program: general higher education entrance qualification (Abitur, A level, high-school diploma) or subject-linked eligibility of university admission or master craftman or an equivalently approved university admission.
  • for the Master program: Bachelor degree in Business Mathematics or an equivalent degree
Language:
  • Be aware that courses are normally offered in German only.

Application

There is no admission restriction for this degree program. The application is made online. There is an item Bachelor/Master zulassungsfrei. The respective study program is called "Mathematik (Komb. Studg.)". (For the Master phase one has to select the option "konsekutiver Master" in "Form des Studiums".) The choice of the field of study, whether Mathematics (with a Minor), Mathematics with Computer Science, Industrial Mathematics, Financial Mathematics oder Business Mathematics , is made later after the start of studies without any bureaucracy.
Applications can be sent in until shortly before the start of the semester. For the winter semester 2014/15 (start of studies in October 2014), the regular application deadline is 19.09.2014, see also term deadlines[de].
The change to another field of study Mathematics (with a Minor), Mathematics with Computer Science, Industrial Mathematics oder Financial Mathematics is generally possible during the studies. Please consider the special features of the minor subject respectively the technical minor subject of the other fields of study. It is recommended to contact your academic advisor ..

From Bachelor to Master

If one decides during the Bachelor to continue with the Master studies in the combined Bachelor/Master degree program, one can already attend courses of the Master phase during the Bachelor phase, whose successful passing will be accredited in the Master program. This method prevents delays in the timing of the studies which otherwise might arise in the organization of the transition from the Bachelor to the Master studies.

Bachelor study program Business Mathematics

This study program is based on a solid mathematical basis training as well as the most important basics of the computer sciences. The education in the Business administration consists of the basics in business and public economics as well as in accounting.
  • Option 1: macroeconomics, basics of founding and investment, basics of production management and marketing
  • Option 2: vector analysis, basics of founding and investment, basics of production management and marketing
  • Option 3: vector analysis, macroeconomics, basics of production management
The TU Chemnitz offers a broad spectrum of lectures in the humane and sociological sciences whose attendence is recommended for business mathematicians. In addition, the learning of a foreign language provides an important requirement for the later successful work under the conditions of a global job market.
The Bachelor thesis can be built on the content of a six-week internship. The thesis is normally written in the 6th semester.

Master study program Business Mathematics

The Master study program consists of a comprehensive range of elective specialization modules on Mathematical Broad Training, Business Mathematics, Computer Science, Business Administration. For example, within the Business Mathemtics one can choose from lectures on optimization/operations research or stochastics/financial mathematics. Within the Business administration there are lectures including the German Civil Code, German Commercial Code as well as career-oriented lectures.

Bachelor study program Business Mathematics study schedule[de]

1. to 5. sem. Basic Modules (104–110 LP)
1. to 4. sem. Computer Science and Business Administration (42–48 LP)
5. to 6. sem. Specialization and Supplement (16 LP)
6. sem. Bachelor Thesis (12 LP)

Master study program Business Mathematics study schedule[de]

1. to 3. sem. Major Seminar (4 LP)
1. to 3. sem. Specialization (62–86 LP)
(@@dmathematical broad study, business mathematics, computer science, business administration)
1. to 3. sem. Supplement (0–24 LP)
(e.g. foreign language, software practical course)
4. sem. Master thesis (30 LP)
Business mathematicians are esential to most innovative companies. Graduates find an outstanding professional opportunities especially in field with a practical orientation, like in
  • insurances and banks
  • planning departments in the industry and civil service
  • software companies and business consultancies
  • internet companies and financial services provider
Business mathematicians can discharge various duties, ranging from the modeling and optimal design of economic and sociological processes, the product development in financial and insurance business to market research and consulting. With certain requirements, an academic career at universities or research centers is possible too.
Regulations and documents Miscellaneous
Academic advisor
Studienberatung Wirtschaftsmathematik Prof. Dr. Roland Herzog (acting)
roland.herzog@mathematik.tu-chemnitz.de
Phone: +49 371 531 22530

Kleines Glossar "Wirtschaftsmathematik"

Finanzmathematik bewertet Zahlungsströme unter Berücksichtigung von Zinsen sowie der Zeit; vor allem die Optionsbewertung, die tiefliegende mathematische Hilfsmittel erfordert, hat enorm an Bedeutung gewonnen
Optimierung auf Netzen befasst sich mit Eigenschaften von aus Ecken und Kanten bestehenden Gebilden, den Graphen; löst z. B. das Problem des maximalen Flusses (Durchlassfähigkeit) und des kürzesten (kostengünstigsten) Weges
Investment Banking is what Investment Bankers do
Kryptologie Entwicklung und Bewertung von Verschlüsselungsverfahren zum Schutz von Daten; moderne Anwendungen z. B. im E-Commerce
Logistik optimale Gestaltung von Transport- und Verkehrsvorgängen
Mehrzieloptimierung sucht nach Kompromisslösungen, die bei Einhaltung von Restriktionen mehrere Zielfunktionen gleichzeitig möglichst gut erfüllen
Numerische Mathematik liefert Methoden und Algorithmen zur numerischen Berechnung der Werte mathematischer Objekte und zur Lösung von Grundaufgaben der Mathematik
Optimierung sucht nach Extremwerten einer Funktion unter einzuhaltenden Nebenbedingungen in Gleichungs- und/oder Ungleichungsform
Spieltheorie beschreibt strategische Spiele, d. h. Situationen, in denen der Ausgang von den Entscheidungen mehrerer Personen, den Spielern, abhängt und die Interessenlage nur teilweise kooperativ bzw. sogar konträr ist. Ziel ist es, die für einen Spieler optimale Spielstrategie zu finden. Anwendungsgebiete: Produktions- und Preistheorie, politische und militärische Planung, Wettbewerb um Absatzmärkte
Statistik Mathematische Erfassung und Auswertung von zufälligen Ereignissen; statistische Methoden treffen Aussagen über Massenerscheinungen und sind mit einer (abschätzbaren) Unsicherheit behaftet
Versicherungsmathematik stellt die mathematischen, vor allem wahrscheinlichkeitstheoretischen Grundlagen für die Lebens- und Sachversicherung bereit
Zeitreihenanalyse Zerlegung einer Folge von Variablen (Zeitreihe) in ihre Komponenten mit dem Ziel, langfristige Trends und mittel- oder kurzfristige Schwankungen zu erkennen

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