Physics and Management

Master of Science (MSc)

Physics and Management

In this two-year-long interdisciplinary master’s programme you further develop your knowledge in the research areas of the Physics department and the department of Management and Economics. Numerous elective modules and specialised courses allow you to emphasises areas of personal interest.

More about the course

Physics and Management in Ulm is an integrated degree programme in which the subjects Physics, Mathematics, Economics and Computer Science are closely intertwined. Economics and Computer Science are part of the curriculum right from the beginning. The main focus of the education, however, are physical and mathematical contents, which make up two thirds of the programme.

Academic Degree

Master of Science (MSc)

Type of Study
  • full-time
Start of Study
  • each winter and summer semester
Language of instruction
  • German and English
Admission Requirements
  • no restriction
ECTS Credits

120

Standard Period of Study

4

Small learning groups for great learning success.

Programme content

The central feature of the Master's programme in Physics and Management is the interdisciplinary qualification between the fields of Physics, Mathematics and First Management.

Students acquire in-depth knowledge in the following areas:

  • Econophysics, Physics
  • Economics
  • Mathematics and Computer Science

 

Study objectives

Graduates of the master's programme Physics and Management...

  • have in-depth knowledge of methods and techniques in selected areas of Physics and First choice, which enables them to keep up with current international research.
  • have the ability to apply concepts of theoretical and, in particular, statistical Physics for modelling the description of economic processes. Based on sound knowledge in various areas of First choice, they are able to understand and model the dynamics of financial markets, also with the help of numerical simulations.
  • have the basic ability to familiarise themselves with a new area of specialisation in First Sciences or Natural Sciences and Mathematics and to research and understand the current specialist literature.
  • have acquired specialised and interdisciplinary knowledge that, in conjunction with broad analytical and methodological skills, enables them to work successfully in an interdisciplinary professional environment and take on management responsibility.

Specialisations and options

You can choose the focus of the Master's programme according to your individual interests in the following areas:

Econophysics
The description of the dynamics of financial markets using methods of statistical Physics and the theory of non-linear dynamic systems forms the subject of this still young field. It has been shown that the temporal dynamics of objects traded on financial markets (options, derivatives), including the corresponding correlations, are closely related to processes such as those that occur in Brownian motion or chaotic systems. In addition to corresponding theoretical courses, the programme is rounded off by practical seminars held by high-calibre lecturers from companies and activities organised by the alumni association.

Economics
The University's traditionally quantitative Economics are supplemented by business and economics elements. Students specialise in one or two of the following areas:

  • Financial Economics
  • insurance sciences
  • Technology and process management
  • Economics
  • Corporate Management and Controlling
  • Accounting and auditing

Master's programme electives
In order to do justice to the broad professional profile of a Physics and Management graduate, students are given the opportunity to develop individual profiles in the Master's programme electives. They can take courses (bzw. specify exactly: lecture, tutorial etc.) from all master's programmes at Ulm University.

Application

Click here for information on how to apply.

Cutting edge research.

Study Abroad

A great way to broaden your horizons in a discipline is to study at a foreign university. Ulm University students can apply for one or two semesters abroad at numerous universities, both throughout Europe as part of the ERASMUS programme and outside Europe. If lectures are not required, internships and theses at other universities are also possible.

Ulm University has exchange agreements with over 100 universities in 26 countries.
International Office

Exchange opportunities in the discipline of Physics

Laboratory debriefing

Advanced laboratory course

Christmas lecture with spectacular experiments

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Career prospects

By combining physics and economics, industrial physicists can coordinate and integrate at the interface between research, development and market implementation and qualify for management positions. 
Their sound scientific and mathematical training, together with their specialization in the field of economics, opens up fields of activity for them, for example in

  • Industrial and commercial enterprises
  • Banks
  • Insurance companies
  • Management consultancies
  • Research and development
  • Patent system

The German Physical Society (DPG) has published a labor market analysis that can also be applied to the situation of industrial physicists.

Studying and living in Ulm

Welcome to the most liveable city in Germany. Albert Einstein's birthplace is a unique combination of science, leisure, top employers and culture. Top locations and events such as the Ulmer Zelt, Nabada or the Donaufest attract visitors to the quaint streets. Here you feel at home!

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