For more information about Mathematics-Economics at Aarhus University, please visit the webpage using the button above.

The award
MSc

How long you will study
4 Semester

Domestic course fees
find out

How you will study
full-time

Course starts
September, February

International course fees
EUR 14500 per year

All study options

About Mathematics-Economics at Aarhus University

Have you thought about how rates for a new mortgage loan should be fixed - with an interest-rate ceiling or as interest-only loans? In fact, it was mathematics-economics graduates who developed the model used for fixing the cost of such loans. All major companies face complex problems, and many turn to a mathematics-economist to solve them.

Mathematics-economists are experts in designing optimisation strategies, something that 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 in which Aarhus University is particularly strong: mathematical finance, economics, and operations research.

BUILD YOUR OWN STUDY PROGRAMME

The MSc in Mathematics-Economics is taught at the Department of Mathematics and the Department of Economics and Business. Students specialise through course activities and projects and through a thesis. Students structure their own individual study programme in consultation with a lecturer. The programme is designed on the basis of each individual student's academic qualifications, interests, and subjects studied at BSc level. Read more about the different tracks over the page.

STUDENT LIFE

As a student on the programme, you are based at the Department of Mathematics and at the Department of Economics and Business Economics. You therefore get to benefit from the facilities of both departments.

The Department of Mathematics has its own canteen, computer rooms, library, and study areas shared by students. As a master's student, you will be given your own desk in an office shared with other master's students. The department also has a number of student organisations such as Euler's Friends, the Kalkulerbar or Friday bar, and the mathematics- economists association (the MØF) through which academic activities, study trips, and social functions are organised.

The Department of Economics and Business Economics has nearly six hundred study spaces, a large canteen, and state-of-the-art high-tech facilities to meet students' needs.

CAREERS

Job prospects for Mathematics-Economics graduates are extremely positive, and career opportunities are many. A large proportion of our graduates find work in the private sector. Banks and insurance companies are the major workplaces, with many graduates working as problem-solvers in consultancy and telecommunications companies. Planning departments in large industrial or manufacturing companies are also a relevant job market.

PROGRAMME STRUCTURE

The topics covered in the study programme depend on the track chosen by the student. There are three tracks on the programme: Economics, Mathematical Finance, and Operations Research.

Typical courses in Economics are:

  • (Advanced) Microeconomics
  • (Advanced) Macroeconomics
  • Economics of the Labour Market
  • Economics of the Welfare State
  • Econometrics

Courses in Mathematical Finance are:

  • Hedging and Pricing of Derivatives
  • Credit Risk
  • Fixed Income Analysis
  • Stochastic Processes
  • Advanced Financial Econometrics

Courses in Operations Research are:

  • Mixed-Integer Optimisation
  • Advanced Convex Optimisation
  • Multi-Criteria Optimisation
  • Metaheuristics for Combinatorial Optimisation
  • Markov Decision Theory
  • Simulation, Modelling and Analysis

Study options for this course

  • The award How you will study How long you will study Course starts Domestic course fees International course fees
  • The awardMScHow you will studyFull-timeHow long you will study4 semester
    Course startsSeptember, FebruaryDomestic course fees find outInternational course feesEUR 14500 per year

Notes about fees for this course

All EU/EEA/Swiss citizens are exempt from payment of tuition fees.

Entry requirements

In general, admission to a Master’s degree programme requires successful completion of a relevant and recognised university degree equivalent to a Danish Bachelor’s degree in level and length (180 ECTS). All applications must also fulfil the English language requirements.

Find more information about the admission requirements, application procedure and deadlines at Aarhus University.

In addition, you must meet the specific requirements for the Mathematics-Economics programme, which can be found on the Mathematics-Economics study programme page.

What students think about Aarhus University

    Sagar from India studying Mechanical Engineering

    Testimonial from Sagar from India studying Mechanical Engineering, student at Aarhus University

    "It's very easy to work in English in Denmark. Everyone understands it and can talk in English. I also think that the culture is very interesting. Quite unique in fact. There’s a lot of focus on the potential of the individual, and there’s a lot of openness. Denmark has a very flat hierarchy, and that’s rare. I've never experienced this flat hierarchy before, so actually it was something of a culture shock. And it permeates everything – even on the programme. It's very positive, it's not like the lecturer just arrives, teaches, and goes. There’s interaction, and you’re encouraged to discuss and have an opinion. The professors are genuinely interested in hearing your own opinion about things; even the simplest questions are given respect and are discussed until every aspect is clear to us.”

    Anita from Croatia studying Civil and Architectural Engineering

    Testimonial from Anita from Croatia studying Civil and Architectural Engineering, student at Aarhus University

    "It was weird to live here at first. You had to get used to so many new things. But there were a lot of social events, especially during the first week, and everything was organised for us. I met a lot of Danish and international students, and even some from my own country. It was great, and it helped in the beginning, when you feel that you’re completely alone with so many things. I like Aarhus. It's a big city, but it’s also a small town. It’s exactly the right size, I think, to feel at home and comfortable and yet to have all the opportunities you need and want. And I really like the fact that the university is right in the middle of the city."

    Angelo from Italy studying Computer Science

    Testimonial from Angelo from Italy studying Computer Science, student at Aarhus University

    "What really makes Aarhus University unique is the study environment. The lecturers are very open to discuss their subjects during lectures, but they are also available at other times - sometimes you can discuss with them during the local Friday Bar. Most of the programmes facilitate and foster teamwork, which is so much more fun and closer to the actual working environments. Last, but not least important, you have 24/7 access to facilities, including libraries, study rooms, etc., if you want to go the extra mile."

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