Campus view of Friedrich Schiller University Jena showing historic and modern academic buildings, green spaces, and student facilities.
Master of Science
On Campus
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Friedrich Schiller University Jena
Jena
Germany

Business/Industrial mathematics

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About

The Master of Science in Business/Industrial Mathematics at Friedrich Schiller University Jena is an advanced interdisciplinary degree designed for students who wish to bridge mathematics with real-world business, finance, and industrial applications. Offered as both a full-time and part-time program, it provides in-depth training in mathematical optimization, stochastic processes, risk management, and financial systems. Students gain strong analytical, algorithmic, and decision-making skills, preparing them for roles in finance, insurance, industry, and research. The program spans four semesters and admits students in both the winter and summer semesters.

Located in the academic city of Jena — a leading hub for mathematics, technology, and business innovation in Germany — this program emphasizes both theoretical rigor and practical relevance. Students benefit from flexible study options, modern computational facilities, and strong connections to industry and research institutions. The curriculum’s applied focus ensures that graduates are equipped to solve complex business problems using advanced mathematical methods and data-driven models, making this degree an excellent choice for those aiming to advance in quantitative and strategic roles across global markets.

Key information

Duration
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Tuition fee
$0.00/year
Start dates & application deadlines
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More details
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Key Facts

  • Degree: Master of Science (M.Sc.)
  • Standard period of study: 4 semesters
  • Location: Jena
  • Study Type: Graduate (full-time or part-time)
  • Admission semester: Winter & Summer semester
  • Area of study: Business Mathematics
  • Admission modus: Without admission restriction
  • Main language: English

Program Structure

  • Semester 1 – Mathematical & Economic Foundations
    • Mathematical Optimization
    • Economics and Financial Theory
    • Stochastics & Probability
    • Computational and Programming Skills
  • Semester 2 – Applied Mathematics & Business Systems
    • Risk Management & Financial Mathematics
    • Operations Research & Decision Theory
    • Accounting, Taxation & Controlling
    • Business and Organization Theory
  • Semester 3 – Specialization & Industry Applications
    • Advanced Optimization or Stochastics
    • Elective Modules in Finance, Marketing, or Industrial Math
    • Applied Project or Research Seminar
    • Strategic Analysis & Management Models
  • Semester 4 – Master’s Thesis & Defense
    • Independent Research Thesis
    • Applied Industry or Research Project
    • Thesis Defense & Scientific Presentation

Career Opportunities

Graduates are prepared for quantitative roles in finance, insurance, banking, consulting, logistics, and industrial sectors. Typical careers include business analyst, financial mathematician, data and risk manager, optimization specialist, and quantitative consultant. The program also offers a strong foundation for doctoral studies in applied mathematics or business analytics. With its strong theoretical background and real-world applications, the degree opens doors to a wide range of high-demand mathematical and strategic professions.

Why Choose This Program

Choosing the Master of Science in Business/Industrial Mathematics at Friedrich Schiller University Jena offers the opportunity to combine advanced mathematical training with practical business and industrial applications. Students benefit from experienced faculty, modern computational environments, and strong interdisciplinary connections across mathematics, economics, and applied sciences.

In addition, Jena’s strong academic ecosystem and collaborations with industry partners provide students with exceptional networking and development opportunities. With its applied focus, integration of quantitative business skills, and opportunities for specialization in finance, risk analysis, and optimization, the program equips graduates with the analytical and strategic capabilities needed to excel in international quantitative careers.

Contact Information

Zentrale Studienberatung
Fürstengraben 1
07743 Jena, Germany
Tel: +49 3641 9411111

Institute of Mathematics, Faculty of Mathematics & Computer Science
Ernst-Abbe-Platz 2
07743 Jena, Germany
Tel: +49 3641 946213
Email: andreas.loehne@uni-jena.de
Programme Head: Prof. Dr. Andreas Löhne

Internationales Büro
Fürstengraben 1
07743 Jena, Germany
Tel: +49 3641 9401500
Email: international@uni-jena.de