What will I Iearn on the programme?

Content and structure

Studies are divided into four areas:

  • Mathematics
  • Economics
  • Interdisciplinary area with electives, integrated mobility semester and seminar
  • Bachelor's thesis with seminar

The bachelor’s study programme in Mathematical Finance comprises 12 modules with sub-modules which partly build on each other. All modules include assessments throughout the course of the programme. You can see from the plan of study when you should complete the respective courses. The contents of the individual courses are described in the module guide.


Please also take note of the study and examination regulations which apply for you as well as the information sheet on transferable skills.

Mathematics modules

Basic module on Analysis

There is a joint assessment of your academic performance for the two courses in Analysis I and Analysis II.

Basic module on Linear Algebra

You will complete the Linear Algebra I course.

Advanced module on Analysis

Your academic performance is assessed in the Analysis III course (Measure Theory and Ordinary Differential Equations). 

Numerics and Optimisation

Your academic performance is assessed in each of the two courses, i.e. Numerics I and Optimisation.


Successful completion of the Stochastic I course.

Economics modules

Fundamentals of Finance

Your academic performance is assessed in both the Corporate Finance as well as the International Investment and Finance course.

The course in Corporate Finance is part of your orientation test. This means that you must have completed this course successfully by the third subject-related semester. You are registered for the exam automatically and not permitted to apply for a resit exam more than once. If you have not passed the exam by the end of the second semester, you are obliged to consult with the Student Advisory Service.

Fundamentals of Business Administration

Your academic performance is assessed in both the Introduction to Financial Accounting as well as the Financial Reporting course. 

Statistics and Econometrics

Successful completion of the Statistics I, Statistics II and Econometrics I courses.

Fundamentals of Economic Theory

You choose between assessment in Microeconomics I or Macroeconomics I.

Module 10: Introduction to Finance

Successful completion of the Capital Market Theory course.

Interdisciplinary area, required electives (modules 11 and 12)

Module 11: Electives

You choose subjects equating to at least 20 ECTS credits in the fields of mathematics, computer science, economics, law or public administration which are not part of the basic module. This applies especially for subjects in the fields of economics and mathematics. Deviations from this rule are possible for courses in other departments.

You can find a selection of subjects in the LSF - online course catalogue under “Electives” and then under “Interdisciplinary Subjects”. If you want to choose a different course, please submit an application to the standing examination committee, justifying how and why the topic fits in with the study programme.

Module 12: Seminar

You will complete two seminars, one of which forms the basis for your bachelor's thesis. Please take note of the currently valid bachelor's thesis and seminar rules.

Mobility semester

Go abroad? Internship in a company? Research placement? Specialise further? At the end of the 4th semester, you will choose one of the four options for your mobility semester in the 5th semester. You must notify exam administration in writing of your choice.

Transferable skills

From the second semester onwards, you may complete courses in transferable skills or language courses (6 ECTS credits).

Plan of study

  • Analysis I
  • Linear Algebra
  • Corporate Finance
  • Introduction to Financial Accounting

  • Analysis II
  • Soft Skills (e.g. Matlab)
  • International Investment and Finance
  • Microeconomics I
  • Statistics I 

  • Analysis III (Part 1 and 2)
  • Numerics I
  • Transferable skills
  • Seminar
  • Statistics II

  • Optimisation
  • Stochastic I
  • Capital Market Theory
  • Balance Sheets
  • Econometrics I

  • Mobility semester

  • Bachelor’s seminar
  • Bachelor's thesis
  • Elective