As a graduate student in mathematical economics, you will work with economic modelling. Economic modelling often uses highly advanced mathematics and statistics. It applies to the macro-economic models that are used, for example, by Danmarks Nationalbank and the European Central Bank. It applies to the modelling of financial risks used by banks and insurance companies. It applies to forecasting, where interest rates or other key economic variables are predicted. And it applies to the management and planning of production and traffic. The programme is taught in English.
- Academic focus
- Content of the programme
- Master's thesis project
- Career opportunities
- Admission requirements
- Application and tuition fees
The mathematical economics programme gives you the prerequisites to understand models and their mathematical foundations. In relation to other economics studies, a good deal of emphasis is placed on mathematics and statistical theory and less emphasis on, say, sociology and economic theory.
The programme is very free and can be composed to a great extent according to your own wishes, with an emphasis on financing, econometrics, operations research or theoretical economics. Regardless of which direction you choose, the mathematical foundation will play a major role.
|Block 1||Block 2||Block 3||Block 4|
|2nd year||*||*||Master's Thesis|
|1st year||Econometrics 2||Macroeconomics 3||Microeconomics 3||Finance 2|
|Compulsory course and thesis||** Elective in mathematical economics||* Elective course|
The programme concludes with a thesis, where you work in depth with an academic problem. Often, the thesis takes its point of departure in practice, and the work is carried out in many cases in collaboration with a company.
Possible thesis topics:
- Optimum mortgage-credit portfolio planning
- Implicit volatility and realised variance
- Credit risk
- Co-integration - stable correlations in explosive processes
- Optimum route plans in large networks
The job opportunities are very good for MSc graduates in mathematical economics. For example, many mathematical economists work in Denmark and abroad in the financial sector with advanced model development for banks and insurance companies, while a large portion work at national banks and public institutions, and also as researchers at universities. The close collaboration and relationship with economics is also reflected in the fact that many economic advisers and experts are mathematical economists.
You can find information about how to apply and tuition fees in the table below:
1 April 2014 for admission 2 September 2014
1 January 2014 for admission 2 September 2014