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Johannes Gutenberg-Universität Mainz
Master English Law & Economics

Master of Science in Quantitative Decision Making in Economics and Management (QDEM)

Master

About the Program

The degree programme in “Quantitative Decision Making in Economics and Management” covers three subject fields that are complementary to each other. These are Econometric Methods, which includes statistical and econometrical methods of data analysis, Management Science & Business Intelligence, which teaches data-driven planning and optimisation of business processes  using optimisation methods from operations research and data science, and Economic Behaviour & Strategy, which encompasses the scientific foundations of psychological, social and behavioural strategical interactions, economic decision-making and game theory. Through the combination of these course contents, students will be qualified to analyse and solve individual, social, and corporate strategic decision-making problems by employing a data-based approach and by utilising different analytic methods. During the programme, students acquire a solid overview of the three subject fields (econometric methods, management science & business intelligence, and economic behaviour & strategy) in the core modules. Through the elective modules in the subsequent specialisation phase, students obtain a deep theoretical and methodological understanding as well as practical skills, which qualifies them to employ relevant methods and to provide a critical interpretation of their results in a wide spectrum of decision-making situations. Students will be able to work in groups and elaborate on different problem-solving approaches. In addition, they will have the capability of presenting the knowledge obtained to a wide variety of audiences, such as experts and the general public.

General Requirements

Specific requirements for this program are not in our database yet. The following are typical for this degree and language in Germany — always verify the exact requirements on the program's official page.

Academic qualification

A recognised Bachelor's degree in a related field; some programs require a minimum grade or specific prerequisites.

Language

English proficiency (typically IELTS ~6.5 or TOEFL iBT ~90). Basic German is helpful for daily life.

Typical documents

  • Recognised diploma and transcript (certified translations)
  • Language certificate
  • Passport and passport photo
  • Tabular CV (Lebenslauf)
  • Letter of motivation (for many programs)
  • Application via uni-assist / VPD (for most international applicants)

Which Professions Does This Program Open Up?

Related profession searches from Bundesagentur für Arbeit (BERUFENET) data:

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Subjects / Topic Areas

Business Administration

Similar Programs

Frequently Asked Questions

Quick answers about Master of Science in Quantitative Decision Making in Economics and Management (QDEM) at Johannes Gutenberg-Universität Mainz

Is Master of Science in Quantitative Decision Making in Economics and Management (QDEM) at Johannes Gutenberg-Universität Mainz taught in German or English? ▼

This Master programme is taught in English. Make sure to check the language requirements (e.g. TestDaF, DSH, IELTS or TOEFL) before applying.

How much does the Master of Science in Quantitative Decision Making in Economics and Management (QDEM) programme cost? ▼

No tuition fee (only semester contribution). International students should also budget around 800–1000 EUR/month for living costs in Germany.

What are the admission requirements for Master of Science in Quantitative Decision Making in Economics and Management (QDEM) at Johannes Gutenberg-Universität Mainz? ▼

Typical requirements include: a recognised secondary/undergraduate degree, proof of language proficiency (English), and (for non-EU applicants) a uni-assist application plus financial proof (Sperrkonto ~11.904 EUR/year).

When is the application deadline? ▼

Application deadlines vary: winter semester usually closes on 15 July, summer semester on 15 January. Always confirm the exact deadline on the official university website.

Can I work in Germany while studying Master of Science in Quantitative Decision Making in Economics and Management (QDEM)? ▼

Yes. International students may work up to 140 working days a year without additional permission (a day of up to 4 hours counts as half a day). After graduation you can apply for an 18-month job-seeker permit.

How do I apply to Johannes Gutenberg-Universität Mainz — directly or via uni-assist? ▼

Most German universities accept international applications through uni-assist for document verification. Some unis accept direct applications — check the programme page on the official site.

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