M.Sc. Mathematics-Economics

Aarhus University

Application deadline: 15 March
Tuition fee:
  • Free (EEA)
  • € 15,300 / Year (Non-EEA)
Start date: February  2015
Credits: 120 ECTS
Duration full-time: 24 months
Languages:
  • English
Location:
Disciplines:
Delivery mode: On Campus
Educational variant: Full-time

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Description

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Have you thought about how you fix the rate of a new mortgage loan with an interest rate ceiling or the popular interest-only types of loans? In fact, mathematics-economics graduates developed the model used to fix the cost of such loans. Every major company is regularly faced with complex problems, and many contact a mathematics-economist when this happens. Mathematics-economists are experts in designing optimisation strategies, which requires great theoretical insight into both economics and mathematics.

As a student of mathematics-economics, you have the option of specialising in a subject within a broad area, including one of the areas of mathematics-economics in which Aarhus University is particularly strong:

* Mathematical finance
* Economics
* Operations research

Study trips and festive traditions

The study environment for mathematics-economics has a reputation for enthusiastic, active student involvement. The social and academic associations at the department keep up a number of festive traditions, and they organise many events. These include company visits and study trips, which alternate from year to year between trips abroad and trips to Copenhagen.

Good job prospects

Job prospects for mathematics-economists are extremely positive. A large proportion of mathematics-economics graduates find work in the private job market. Banks and insurance companies are the major workplaces for mathematics-economists, and many are employed as problem solvers in consultancy and telecommunications companies. Planning departments in large industrial or manufacturing companies also represent a relevant job market for mathematics-economics graduates. In addition, the public sector is in a position to offer jobs in administration and planning at universities and other educational institutions, or on supervisory boards and in ministries. The degree programme also qualifies graduates for a career as a researcher. All in all, as a mathematics-economics graduate, you have many career opportunities.

Contents

The MSc in Mathematics-Economics programme is taught at the Department of Mathematics and the Department of Economics and Business and counts as 120 ECTS credits. Students specialise by participating in course activities and projects and by writing a thesis. During the first week, students structure their own individual study programme with the help of a lecturer by choosing courses from a course catalogue.

The programme is designed on the basis of the individual students academic qualifications and interests and the subjects studied at BSc degree level. The study plan must be approved by the Board of Studies before the student can register for exams.

Requirements

The following Bachelors degrees qualify students for admission to the Masters degree programme in Mathematics-Economics:

* A Bachelor of Science degree in Mathematics-Economics from Aarhus University, the University of Southern Denmark or the University of Copenhagen.
* A Bachelor of Science degree in Mathematics from Aarhus University with elective subjects in Economics and Business Management equalling a total of 60 ECTS credits. It is not possible to specialise in Financing with this combination.

The following other degrees can provide admission to the Masters degree programme in Mathematics-Economics:

* A Bachelors degree amounting to at least 60 ECTS credits in Mathematics-Economics can qualify the student for admission.

Other qualifications can provide admission to the Masters degree programme, provided the university assesses that their level, extent and content correspond to the degrees mentioned above.

In connection with possible admission, further requirements can be stipulated regarding the composition of the degree programme.
It is a condition that the students language skills correspond to a B level in English.

English Language Requirements

IELTS band: 6.5
TOEFL paper-based test score : 560
TOEFL iBT® test: 83

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