M.S. in Mathematics and Management from Ulm University 2025 Entry: Fees, Eligibility, Entry Requirements, Admission Deadlines & Scholarships.

Ulm, Baden-WurttembergLocation
UniversitySchool type
Estd1967established year
10503enrollment
Public
8.0/10

Master of Science [M.S] (Mathematics and Management)

2 years
Full Time
On Campus

Field of Study

$3,540 /Yr

€3,000 /Yr
4 Students Applied
3 Students Admitted

Important Alert

  • Fee Deposit Date for Summer Semester - Jan 10, 2026 - Feb 10, 2026

Tuition Fees

Year1st Year Fees
Tuition Fees$3540 (EUR 3000)

Other Expenses

HeadAvg Cost Per Year
Room Rent$3965 (EUR 3360)
Meal Plan (Per Day 2 Meal)$1258 (EUR 1066)

Per Credit Tuition Fee: €500


Important Dates

EventApplication Date
Application Deadline For Winter 2025 Intake Jul 15, 2025
Fee Deposit Date for Winter Semester Jul 10, 2025 - Aug 10, 2025
Fee Deposit Date for Summer Semester Jan 10, 2026 - Feb 10, 2026
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Collegedunia Team

Content Curator | Updated 3+ months ago

M.S. in Mathematics and Management from Ulm University – Overview

The M.Sc. in Mathematics and Management at Ulm University is a full-time, interdisciplinary graduate program completed over 2 years, designed to develop strong analytical and managerial skills at the intersection of applied mathematics, economics, and business administration. Jointly offered by the Faculty of Mathematics and Economics, the program features a comprehensive core curriculum—including courses such as Mathematical Methods for Management, Financial Mathematics, Stochastics and Statistics, and Operations Research—combined with a broad selection of electives in specialized fields like Actuarial Science, Risk Management, Data Analytics, and Financial Markets. Elective topics include Life Insurance Mathematics, Credit Risk Modeling, Machine Learning in Finance, and Advanced Econometrics, allowing students to tailor their studies to individual interests and professional goals. The final semester is dedicated to a research-oriented master’s thesis, frequently conducted in collaboration with academic or industry partners, providing practical experience in solving complex real-world problems. The program is open to applicants holding a recognized bachelor’s degree in Mathematics, Economics, Computer Science, or related disciplines. Instruction is primarily in German, with some modules offered in English, requiring applicants to demonstrate proficiency through recognized language tests such as IELTS, TOEFL, TestDaF, DSH, or equivalent certificates, ensuring accessibility for international students. Available scholarships for international students include the DAAD Study Scholarships, STIBET Completion Scholarship, Germany Scholarships, and other external funding options.

M.S. in Mathematics and Management from Ulm University – Fees

The annual cost of pursuing the M.Sc. in Mathematics and Management at Ulm University is approximately €9,223. This estimate includes around €3,000 in tuition fees and approximately €6,223 in living expenses, which cover housing, a meals plan, transportation, books and supplies, health insurance, and a compulsory semester fee of €364.

M.S. in Mathematics and Management from Ulm University – Dates

Applications to the M.S. in Mathematics and Management from Ulm University are accepted for the Summer and Winter Semesters only, with the deadline for the Winter Semester 2025 is 15 July 2025, and the Summer Semester 2025 has passed 2025.

M.S. in Mathematics and Management from Ulm University – Modules

The M.S. in Mathematics and Management follows the following module structure:

 Years

 Core Modules

 Optional Modules

Year 1

  • Mathematical Methods for Management

  • Microeconomics

  • Financial Mathematics

  • Operations Research

  • Stochastics and Statistics

  • Macroeconomics

  • Management Accounting and Finance

  • Introduction to Actuarial Science

  • Business Informatics

  • Data Analytics

  • Financial Markets and Instruments

 Year 2 

  • Advanced Optimization Techniques

  • Risk Management and Insurance Mathematics

  • Master’s Thesis

  • Seminar on Current Topics in Mathematics and Management

  • Machine Learning in Finance

  • Advanced Econometrics

  • Life Insurance Mathematics

  • Non-Life Insurance Mathematics

  • Pension Mathematics and Social Security Systems

  • Financial Derivatives and Risk Management

  • Credit Risk Modeling

  • Stochastic Processes in Finance and Insurance

  • Survival Models and Reliability Theory

  • Asset-Liability Management

  • Quantitative Risk Management

  • Advanced Probability Theory for Actuarial Applications


Scores Required

5.5 / 9

Avg. Score in

IELTS

72 / 120

Avg. Score in

TOEFL

59 / 90

Avg. Score in

PTE

120

ECTS Credits

TOP Scholarships

Scholarship nameAward amountEligibility
DAAD Study ScholarshipsVaries (often €800–€1,200/month + travel + insurance)International students pursuing a master's degree; eligibility varies by country and program
Germany Scholarships€300/monthBased on academic excellence and social engagement; awarded after enrollment
STIBET Completion Scholarship€250/monthBased on academic excellence and social engagement; awarded after enrollment



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Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
VueVille Future Technology ScholarshipScholarship per student$ 1,180/Yr$1,000Level Of StudyBachelorTypeMerit-Based
MAWISTA ScholarshipScholarship per student$ 7,895/Yr$6,691Level Of StudyBachelorTypeEasy-to-Apply
Kurt Hansen Science ScholarshipScholarship per student$ 11,800/Yr$10,000Level Of StudyDoctorateTypeNeed-Based
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Axol Science ScholarshipScholarship per student$ 2,360/Yr$2,000Level Of StudyBachelorTypeCompany-Sponsored

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline For Summer 2025 Intake (15th Jan 2025)
USD 3,540 /Yr
EUR 3,000 /Yr
  • TOEFL: 100
  • IELTS: 7
--
USD 3,540 /Yr
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USD 3,540 /Yr
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Application Deadline For Fall 2025 Intake (15th May 2025)
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Application Deadline For The Winter Intake (1st Mar 2025)
USD 860 /Yr
EUR 729 /Yr
  • TOEFL: 90
  • IELTS: 6.0
  • PTE: 60

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