Bachelor’s degree
Business Mathematics – Actuarial Sciences

Business Mathematics at the Technical University of Rosenheim. Future-proof yourself

The degree programme in Business Mathematics and Actuarial Science (Business Mathematics for short) at the Technical University of Rosenheim provides you with both an excellent range of career opportunities as well as postgraduate study options (master's degree programmes).

For you to gain maximum benefit from this attractive offer, we attach great importance to a practice-oriented study programme with application in real business situations, with students working closely alongside academics and professors in a relaxed learning environment.

Future-proof yourself by studying business mathematics

We are renowned for our academic excellence and the quality of our degree programme. You will be inspired by all elements of studying and your chances of success in the future as they are second to none in Germany.

We look forward to welcoming you to our university. You can find further details and information on our website.

Course Business Mathematics

This is a three and a half-year programme. In Year 3 you will put your knowledge into practice and spend a term doing work placement at a company of your choice to gain real insight into the industry. If all your courses and exams have been successfully completed, you will receive a Bachelor of Science degree (BSc).

What you will study

There are five main areas of study including:

• Mathematics - calculus, linear algebra, stochastics and statistics, differential equations, probability theory and numerical analysis. There is a compulsory elective subject like functional analysis
• Computer science - fundamentals of computer science, programming, software engineering, databases
• Actuarial science and statistics - financial mathematics, mathematics for life insurance, health insurance, and pensions, statistics and statistical applications in case studies
• Business - insurance industry, corporate management, enterprise risk management
• Professional skills - foreign language skills, communication skills, creative thinking skills and a business simulation assignment

You will also have the opportunity to participate in compulsory courses based on future technologies such as data science and artificial intelligence (AI). These subjects can be researched in the Laboratory for Applied Mathematics and Statistics.

The following information will provide you with a comprehensive insight into the degree programme:

• Curriculum
• Detailed course content (module manual)
• Accreditation until the year 2025
• Flyer

Dual Work-Study Degree Programme

This dual work-study degree programme combines full-time study to obtain a Bachelor of Science and working simultaneously to complete an apprenticeship. 

Further information on this dual work-study model.

Career profile of a business mathematician (an actuary)

• Actuaries are academics and certified experts who use mathematical methods of probability theory, statistics and financial mathematics to analyse problems and develop solutions in the areas of insurance, capital investments and pensions.
• They are awarded the title of "Actuary" and "Member of the German Association of Actuaries" (Aktuar DAV) on passing special examinations, similar to those taken by accountants and tax advisers.
• The German Association of Actuaries (Deutsche Aktuarvereinigung - DAV) is the professional association of actuaries in Germany.
• Business mathematicians and, in particular actuaries, are employed in a wide range of fields: tariff ratings, pensions, controlling, finance, and many diverse IT projects, to name but a few.
• The admission requirements to continue to qualify as an actuary at the 'DAV' (German Association of Actuaries) are met with a degree in business mathematics from the Technical University of Rosenheim. Five of the six examinations from the undergraduate degree programme (basic knowledge) are fully recognized by the German Association of Actuaries.

Business Contacts

The Technical University of Rosenheim has built a strong, well established network with local and national companies and works closely in collaboration with insurance companies, banks, consulting firms, auditing firms and IT companies. You will benefit from these connections during your work placement in your third year of study. In order to secure work placement at the company of your choice, please contact the relevant person as early as possible.

Programme Directors

If you have any questions regarding the degree programme, please contact the heads of the programme:

Academics and Professors

Here is a list of all the current lecturers indicating their areas of specialisation

• Prof. Dr. Florian Becker
  Communication 1 and Communication 2
• Holger Dittmar
  Statistical Applications 1 and Statistical Applications 2
• Dr. Panagiota Douka
  Functional Analysis
• Prof. Dr. Michael Helbig
  Linear Algebra
• Prof. Dr. Susanne Knobloch
  Life Insurance, Pensions and Health Insurance, Modelling
• Prof. Dr. Gerhard Mayr
  Insurance Economics, Financial Instruments, Accounting, Basics of Controlling, Value-Oriented and Risk-Oriented Corporate Management, Business Simulations, Corporate Management
• Johanna Mathäser
  Insurance Law
• Prof. Dr. Viktor Sandor
  Financial Mathematics, Non-Life Actuarial Mathematics, Modelling, Selected Chapters of Stochastics and Statistics
• Prof. Dr. Anja Bettina Schmiedt
  Probability Theory, Statistics 1
• Prof. Dr. Stefan Schneeberger
  Calculus 1 and Calculus 2
• Prof. Dr. Anneliese Schrott
  Introduction to Computer Science, Programming 1 and Programming 2, Software Engineering, Databases
• Prof. Dr. Achim Schulze
  Differential Equations, Numerical Analysis
• Monika Sussmann
  Introduction to Stochastics and Statistics, Financial Mathematics, Statistical Applications 1 
• Sarah Swalef
  English 1 and English 2
• Prof. Dr. Ulrich Wellisch
  Introduction to Stochastics and Statistics, Statistical Applications 2, Seminar, Statistics 2
• Prof. Dr. Klaus Wilderotter
  Functional Analysis