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Business Mathematics

Study concept

Today, economics is inconceivable without mathematics. The complex structures and processes in globally interconnected economies and financial markets increasingly require mathematical models. It is not surprising that recently several Nobel Prizes have been awarded to economists who have excelled in mathematically oriented research.

In the Bachelor's degree program in Business Mathematics, you will acquire fundamental mathematical knowledge, skills, and abilities that are particularly relevant for business and economic applications. Graduates of Business Mathematics are capable of solving complex economic problems using mathematical methods, leveraging the full potential of modern computer technology.

Please note that the language of the program is German. At TUBAF we also offer Master's degree programs taught in English.

 

Specialisations

Students research, for example, models of logistics, game theory, or stochastic problems.

Students learn to handle, for example, economic problems using the help of mathematics.

Students create computer programs to solve business mathematical problems.

Faculty
Faculty of Mathematics and Computer Science (Faculty 1)
Degree
Bachelor of Science (B. Sc.)
Standard period of study
6 Semester
Part-time possible
No
Start of studies
Winter semester
Summer semester
Admission requirement

Abitur (German secondary school leaving certificate) or a subject-specific higher education entrance qualification, or a recognized equivalent access authorization

Course language
German
Professional advice
Prof. Dr. Ralf Hielscher
Universitätshauptgebäude
Prüferstraße 9, Zimmer 1.02
Ralf.Hielscher [at] math.tu-freiberg.de
Central Student Advisory Service
Central Student Counselling Service
Prüferstr. 2, 3rd floor, room 3.405
studienberatung [at] tu-freiberg.de
Student Council
Student Representatives Faculty 1
Universitätshauptgebäude
Nonnengasse 22
fsr1 [at] tu-freiberg.de
FSR1 [at] stura.tu-freiberg.de
Job opportunities

Graduates of the Bachelor's program in Business Mathematics are capable of solving complex economic problems using mathematical methods, leveraging the full potential of modern computer technology. Some of the diverse tasks include:

  • Optimization of operational processes
  • Inventory management
  • Location planning
  • Reduction of resource consumption
  • Traffic flow control
  • Assessment of opportunities and risks in insurance and financial planning

Key areas of employment include:

  • Insurance industry (statistics, development of new products)
  • Banking and credit industry (risk management, investment banking, corporate and private clients)
  • Financial and personnel services (business research and planning, software development, client consulting)
  • Software development (database analysis, development of custom software, electronic business, qualified organizational consulting)
  • Controlling, logistics, and marketing

Industries and companies with a significant demand for professionals in this field are banks, insurance companies, financial service providers, consulting firms and especially software companies.

Why study Business Mathematics at TUBAF?

-> The course at TUBAF is interesting

  • A classical and solid foundational education
  • Many application-oriented specializations
  • Possibility of thesis projects in cooperation with industry and business
  • Student exchange programs with partner universities in Europe, Canada, and the U.S.

-> The course at TUBAF is efficient

  • Efficient study and class schedules tailored to the standard period of study
  • Exceptionally good student-to-faculty ratio
  • Intensive contact between faculty and students

-> The course at TUBAF is individual

  • Professors personally know their students
  • Individual solutions are developed for any issues that arise during the study
  • Customization of specializations and application subjects based on personal interests and abilities

-> The course at TU Bergakademie Freiberg is exclusive

  • Unique combination of classical mathematical foundational subjects with a broad range of applications in Germany
  • Many attractive application areas
  • Highest quality education provided by experienced and dedicated professors

 

Interests and skills you should have

  • Interest in mathematics, as well as economics, computer science, natural sciences, and technology
  • Strong ability for logical and abstract thinking
  • Enjoyment of structured problem-solving