MSc in Business Administration and Mathematical Business Economics (cand.merc.mat)
A flexible business mathematics master combining economic reasoning with statistical and mathematical modelling. Students can build a finance-heavy route through mathematical finance, stochastic processes, financial engineering and credit risk, alongside a 30-credit thesis.
What you’ll study
Core
- Economics of Information and Contracts
- Mathematical Finance I
- Multivariate Statistical Models
- Stochastic Processes and Their Statistical Analysis
- Master Thesis
Electives
- Financial Engineering
- Mathematical Finance II: Continuous Time Finance
- Mathematical Optimization: Models, Methods and Applications
- Monetary Policy
- Benchmarking
- Credit Risk: Models and Applications
- Predictive Modeling and Machine Learning
Source: studieordninger.cbs.dk ↗
Before you apply
- Background
- A qualifying bachelor or equivalent. CBS Business Administration and Mathematics bachelor gives a once-only admission right within three years; other degrees assessed individually.
- Maths
- Statistics: 15 ECTS; Linear algebra: 15 ECTS; Mathematical analysis and static optimisation: 7.5 ECTS; Differential equations and optimal control: 7.5 ECTS
- Other
- Danish A required. Prior study also includes microeconomics 5 ECTS, finance 5, game theory/industrial economics 5, macroeconomics 5 and business economics 10.
Source: studieordninger.cbs.dk ↗
After graduation
The programme doesn’t publish an employment report.
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The obligatory course block requires at least three of four listed courses; the thesis is compulsory. Other electives and course-group credit rules determine the individual route. This is a broader mathematical business degree, not a dedicated financial-engineering award.
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.