The programme is taught and conducted entirely in English. In addition to a large number of elective modules taught in English, students may also choose elective modules offered by related disciplines taught in English (management, accounting and finance, epidemiology) and taught in German (management, accounting and finance, law, sociology, informatics).
From 1 April through 15 May for the following winter semester
The degree programme “Quantitative Decision Making in Economics and Management” covers three subject fields that are complementary to each other. These are statistical and econometrical methods of data analysis, data-driven planning and optimisation of business processes, and the scientific foundations of psychological, social and behavioural strategical interactions and economic decision-making. 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 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.
Information events: end of January
Next information event will be held on 23 January 2024, sign up to receive up-to-date information: https://en.wiwi.uni-mainz.de/qdem-info-event/
The Master of Science “Quantitative Decision Making in Economics and Management” (QDEM) is a modular programme, comprised of 120 Credit Points (CP). These are divided into the following five parts:
The lessons are held in the form of lectures, tutorials, small groups and project seminars.
No (but exchange programmes exist with other universities worldwide)
The Johannes Gutenberg University Mainz charges an administrative fee of approx. 350 EUR per semester. This includes a ticket for public transport, allowing you to use buses, trams and the underground for free in Mainz and the surrounding area such as Frankfurt or Wiesbaden. More details can be found here and here.
Costs for student housing vary between 350 EUR and 500 EUR (check here for more details on accommodation). The price for lunch on campus is around 3 to 4 EUR. The German Academic Exchange Service also offers information on the cost of living in Germany. Please check here for further information.
A completed Bachelor's level degree with at least six semesters of regular length of study. Candidates should have taken at least 18 ECTS in the field of management or economics and 19 ECTS in the field of mathematics, statistics, econometrics or quantitative empirical methods. Note, should you have not completed your degree yet, you can still be admitted if – by the time of application – you have already acquired at least 135 ECTS in a Bachelor’s programme that takes six semesters and awards a total of 180 ECTS according to the European credit point system.
Entrance test: Comprised of a 90-minute-long written test, where students are required to document sufficient prior knowledge in
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.
English language skills at B2 level, proven by one of the following options:
The issuing date of the certificates should not be older than three years, relative to the application deadline.
Note that passing the TOEFL ITP test does not satisfy the admission requirements. As far as the IELTS is concerned, applicants are recommended to pass the IELTS Academic test.
From 1 April through 15 May for the following winter semester
Student Services - International Admissions
Johannes Gutenberg University
55099 Mainz
Numerous shared houses or apartments as well as rooms in student housing make life affordable and allow getting in touch with other students. More information is available here.
The International Preparatory and Language Center (ISSK) at Johannes Gutenberg University Mainz offers free German language courses at all levels from A1 to C1 to international students. In addition, our mentoring programme assigns a faculty member as an academic contact to each new student. In their first semester, students are invited to a personal meeting to get in touch with their academic contact and fellow mentees. Students may turn to the programme manager for questions about the organisation of their studies or the study programme.
To activate the map, click on the "Show map" button. We would like to point out that data will be transmitted to OpenStreetMap after activation. You can find out more in our privacy policy. You can revoke your consent to the transmission of data at any time.
