Master's Degree Statistics Full Time

Master of Science in Mathematical Finance

at Kiel University · Kiel, Schleswig-Holstein

Duration

4 semesters

Tuition

No tuition fees

Intake

Winter semester

Mode

Full Time

About this program

The Master of Science in Mathematical Finance at Kiel University offers a comprehensive education that blends advanced mathematical concepts with financial theory and practice. This program covers essential topics such as stochastic calculus, financial econometrics, and risk management, equipping students with the analytical skills necessary for tackling complex financial problems. With a strong emphasis on quantitative methods and computational tools, graduates will be prepared to navigate the demands of the finance industry.

The structure of this Master's program spans four semesters, allowing students to engage deeply with a series of core and elective modules worth ECTS credits. In the final semester, students are required to complete a thesis, showcasing their ability to conduct research and apply their knowledge to real-world financial situations. The English-taught curriculum attracts a diverse group of international students, fostering a multicultural learning environment.

Students will acquire vital skills in data analysis, mathematical modeling, and risk assessment, making them highly valuable to employers in various sectors. This program suits individuals with a solid background in mathematics or statistics who are looking to advance their careers in finance, banking, or consultancy. Graduates will benefit from the connections with industry partners and the vibrant finance sector within Germany.

Moreover, the location in Kiel provides unique opportunities to engage with local businesses and financial institutions, notably the Mittelstand, which is pivotal in the German economy. Students may also take advantage of the 18-month post-study job-seeking permit, which allows them to explore employment opportunities in Germany after graduation.

Entry requirements

English: Taught in English.

International students: Non-EU applicants need a German national student visa (Visa D) and proof of funds (usually a blocked account). Check the programme page for the exact language certificate and document list.

Career outcomes

Financial Analyst in banking and investment firms
Quantitative Analyst in hedge funds and asset management companies
Risk Manager in insurance firms
Data Scientist in financial technology startups
Actuary in pension funds
Consultant in financial advisory services

Industries hiring graduates include finance, insurance, consulting, and technology.

Frequently asked questions

How long is the Master of Science in Mathematical Finance at Kiel University?

It typically takes 4 semesters, with intakes in Winter semester.

How much is the tuition?

Tuition is around No tuition fees. Fees change yearly — confirm with an advisor.

What are the career outcomes?

Financial Analyst in banking and investment firmsQuantitative Analyst in hedge funds and asset management companiesRisk Manager in insurance firmsData Scientist in financial technology startupsActuary in pension fundsConsultant in financial advisory services Industries hiring gra...

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