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Master of Science in Business Mathematics

Friedrich Schiller University Jena · Jena, Germany

Open

306 days left to apply

Application deadline

31 Aug 2027

Register by 31 August 2027 + 3 more

Starts

Winter semester, Summer semester

Tuition

No tuition fees

Duration

4 semesters

Taught in

English

Verified 11 Oct 2026 · Source: DAAD International Programmes

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Can you get in?

Academic requirements
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.full text
English
B2B2 required, please provide an official language certificate, e.g.: TOEFL iBT (before 2026): 72 Reading: 18 Listening: 17 Speaking: 20 Writing: 17 TOEFL iBT (since 2026): 4 Reading: 4 Listening: 4 Speaking: 4 Writing: 4 IELTS Academic: 5.5
German
Not required for admission.
How you apply
Directly to Friedrich Schiller University Jena. The official programme listing links to the application portal.
Application period
The following is valid for applicants from: EU countries For the winter semester: 1 April - 31 August The following is valid for applicants from: EU countries For the summer semester: 1 December - 15 February The…

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What your first year costs

Tuition (2 semesters)
None
Semester contribution (2×)
€640
Living costs (12 months)
€6,600
First year, about
€7,240

From the programme's DAAD listing. The living-cost figure is the university's own estimate.

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The programme

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.
How it is organised
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.
Part-time work
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.
Support for international students
Your academic success is important to us! That is why we are committed to constantly providing good advice and support services.

From your country

General requirements for master's applicants. Rules change — confirm with the university and your local German mission.

🇮🇳 Applying from India
  • An APS India certificate is mandatory before your visa appointment — processing takes weeks, so start it the day you decide to apply.
  • Budget for the blocked account (€11,904 for one year in 2026 — verify the current amount with the German Embassy).
  • IELTS/TOEFL is typically required; some universities accept a Medium-of-Instruction letter — check the official program page.
Full India guide →
🇳🇬 Applying from Nigeria
  • Proof of funds is usually a blocked account; open it early — transfers and verification take time.
  • WAEC/NECO results are assessed via uni-assist for most universities; a Studienkolleg year may be required for bachelor's entry.
  • Visa appointment slots in Lagos and Abuja book out months ahead — book as soon as you have an admission letter.
Full Nigeria guide →
🇻🇳 Applying from Vietnam
  • APS Vietnam certification applies to Vietnamese applicants — schedule the document check before university deadlines.
  • Most universities want IELTS 6.0–6.5 for English-taught programs; requirements vary by program.
  • Plan finances around the blocked account plus health insurance — both are checked at the visa stage.
Full Vietnam guide →
🇧🇩 Applying from Bangladesh
  • Document verification is strict: keep certificates, transcripts, and bank papers consistent and genuine — discrepancies sink applications.
  • The blocked account is the standard proof of funds. You do not need an admission letter to open one, so set it up alongside your applications.
  • Apply to several programs in parallel — visa processing in Dhaka can be slow, and an early admission letter buys you time.
Full Bangladesh guide →

Living in Jena

Aerial view over the old town of Jena with a church tower, red roofs and tree-covered hills rising on both sides of the valley

A valley city on the Saale with an optics industry, two universities and wooded hills in every direction.

Jena is the second-largest city in Thuringia, about 109,000 people in a narrow stretch of the Saale valley with steep limestone hills on both sides.

Student life, costs and the community for your home country in Jena →

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