Application

Programme start in the winter and the summer semester

The most important information in brief

  • Programme start: In the winter and the summer semester
  • Application deadline: 15  September for the winter semester, 15 March for the summer semester
  • Admission to the study programme is not restricted.
  • You can already apply in the last year of your bachelor’s programme.
Online applications

Admission requirements

Bachelor's degree

Completion of a three-year bachelor’s programme with above-average grades in mathematical  finance, business mathematics or economics  and mathematics or natural sciences. You may also apply even if you do not yet have received your certificate.

Mathematics

Mathematical skills (i.e. Analysis, Linear Algebra, Stochastics or Numerics) on the scale of at least 32 ECTS credits.

Economics

Economics skills (i.e. Statistics, Econometrics or Economy Studies) on the scale of at least 26 ECTS credits.

English skills

  • Cambridge Certificate of Proficiency in English or Cambridge Certificate in Advanced English: at least Grade C
  • International English Language Testing System (IELTS): at least Band 6
  • Test of English as a Foreign Language (TOEFL): at least 80 points (internet-based), 213 points (computer-based) or 550 points (paper-based)
  • Alternatively: proof of a semester of study where English was the language of instruction

Graduates of the Bachelor’s Programme in Mathematical Finance do not have to produce evidence of an English test as they have participated in enough lectures in English.

GRE Test

If you have obtained your bachelor’s degree outside Germany: the result of your GRE test (Graduate Record Examinations).

German skills

For applicants without a German higher education entrance qualification (“Abitur”): Proof of German language proficiency by means of one of the following language tests (or an equivalent:

  • German Language University Entrance Examination (DSH): at least Level 1
  • Test of German as a Foreign Language (TestDAF): at last Level 3 in all 4 areas

Codes

For the TOEFL, our Institutional Code is 8971 and our Department Code is 84. For the GRE Test, our Institutional Code is 8971 and our Department Code is 1801.

Application documents

Which application documents are needed can vary. At the end of your online application you will see a list of the supporting documents required.

In any case you will need:

  1. A full CV
  2. A certified copy of your official transcript in German or English
  3. A certified copy of your degree certificate(s) in German or English
  4. Proof of your mathematics, economics, English and if applicable German skills as well as the result of the GRE Test where relevant
  5. An application letter in English (1 page) in which you present your aptitude and motivation
  6. A letter of recommendation in German or English (original or certified copy) from a lecturer which describes your aptitude for the master’s programme The letter must have a letterhead and a signature.
  7. Applicants from China, Mongolia and Vietnam: Certificate (original) issued by the "Akademische Prüfstelle (APS)" at the German Embassy in your home country.

Changing from another university and starting in a higher  semester

  • Possible at the start of the summer semester too
  • Application deadlines: 15 January and 15 July
  • Admission is only possible if you fulfil certain conditions - please contact us before sending your application.

Recognition of previous academic performance

We are happy to help with any queries about the recognition of courses which you have successfully completed at your previous university. Since our department has a strong mathematical, statistical, empirical and theoretical focus, the recognition of courses which are application-oriented is in most cases not possible.

Please note the following:

  • We must always and without exception place you in the next higher semester.
  • In the first two semesters, our students must take an orientation test. To pass the test, you must successfully complete the following courses: Introduction to Economics, Mathematics for Economists I (1st semester), Microeconomics I and Mathematics for Economists II (2nd semester). If we were obliged to place you in the second subject-related semester, for example, you must have completed courses equivalent to Economics, Mathematics for Economists I before you change university.
  • You may only present courses for the elective area for recognition once you have successfully passed the orientation test and chosen an area of specialisation. Then please just simply contact the recognition coordinator.

Preliminary inquiry: If you want to find out whether changing university is an option (up to 4 weeks before the application deadline)

Upon request we are happy to send you a TAN so that you can upload all the relevant documents via our file hosting service. We need from you:

  • Your application for recognition form. Please list all the courses at our university which you would regard as equivalent to your courses. There must be a 2/3 overlap with the skills (in terms of content and method) to be acquired in Konstanz in order for the recognition of your previous courses to be considered.
  • A comparison of the contents of your previous courses and our courses; please highlight in yellow where they overlap.
  • A detailed course description for each course (as links in the document mentioned above)

We are happy to process your preliminary enquiry if we receive all your documents within one week of first receiving it. Thank you for your understanding.

Applications

Depending on admissions office instructions, please include with your application:

  • Your application for recognition form. Please list all the courses at our university which you would regard as equivalent to your courses. There must be a 2/3 overlap to the skills (in terms of content and method) to be acquired in Konstanz in order for the recognition of your previous courses to be considered. Please list here courses too for which you will only submit the grades after the application deadline.
  • A comparison of the contents of your previous courses and our courses; please highlight in yellow where they overlap.
  • A detailed course description for each course (as links in the document mentioned above)
  • If you had already submitted a preliminary enquiry: Our answer to your enquiry

An application for the recognition of foundation and compulsory courses can only be submitted together with an application for admission. Later applications for recognition can only be submitted for the elective area. Grades presented later for admission in the winter semester must be submitted to the department by 15.9., for admission in the summer semester by 15.3.