Master of Science in Quantitative Decision Making in Economics and Management
Johannes Gutenberg University Mainz
Program Overview
The degree programme in “Quantitative Decision Making in Economics and Management” covers three subject fields that are complementary to each other. These are Econometric...
EURFinancials
Financials
INFOIntakes and Duration
Intakes and Duration
Intake Season
Winter (October)
Duration
4 semesters
COCareer Outcomes
Career Outcomes
You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.
EURSalary Outlook
Salary Outlook
Typical range
€60,000 – €100,000 per year
Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.
LANGLanguage & Exams
Language & Exams
Teaching Language
English
Unless the Bachelor's-level degree has been achieved in a programme taught entirely in English, the required B2 English level can be proven by one of the following tests: TOEFL : A minimum score of 72 on the Internet-Based Test (IBT) or 47 on the Revised TOEFL Paper-Delivered Test (PdT) Note that passing the TOEFL ITP test does not satisfy the admission requirements. IELTS Academic : An overall band score of at least 5.5 Cambridge English Qualification : First Certificate in English (FCE) or a higher-level certification, such as Advanced (CAE) or Proficient (CPE) from the University of Cambridge ESOL Examination Telc English B2 Oxford Test of English (OTE) : A minimum average score of 111 out of 140 Academic Pearson Test of English (PTE) : A result within the range of 59-75 points A University Entrance Qualification from an English-language institution Certificates must not be older than three years at the application deadline. Applicants to the QDEM programme can seek admission prior to completing an English test. In this case, the result must be submitted by the end of the first semester. Failure to provide this on time will result in rescinded admission.
REQRequirements
Requirements
Academic Admission
A Bachelor’s degree is required, consisting of six standard semesters of study. Candidates should have completed a minimum of 18 ECTS credits in management or economics, along with 19 ECTS credits in mathematics, statistics, econometrics, or quantitative empirical methods. If the degree has not been completed yet, applicants can still be considered for admission if they have obtained at least 135 ECTS credits in a Bachelor's programme designed for six semesters, awarding a total of 180 ECTS credits as per the European credit point system at the time of application. Online entrance test: Comprised of a 90-minute-long multiple choice test, to assess students understanding of the foundational topics of the programme: mathematics (analysis, linear algebra, stochastic) statistics (descriptive statistics, estimation and hypothesis testing) microeconomics (basic concepts, game theory and information economics) basic knowledge of computer science (simple algorithms) The content is typically covered in obligatory modules of a Bachelor’s degree in economics and management. You can find more information about the test and sample questions on our website and here .
APS Certificate
An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.
IELTS Score
IELTS 5.5 overall
Application Deadline
Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.
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