Master´s programme in Stochastic Engineering

Structure of the Master’s programme


The Master’s programme in Stochastic Engineering is offered as full-time and part-time
study. Details are given in the study plan. The standard study period for full-time study is three theoretical study semesters, including the Master’s thesis. The standard study period for part-time study is six theoretical study semesters, including the Master’s thesis.


The part-time version in particular gives you the option of studying whilst working and of gaining a valuable additional qualification.


Registration deadlines


It is possible to start the Master’s programme in Stochastic Engineering in either the winter or summer semester. The registration period for the summer semester (starting 15 March) is between 15 November and 15 January; for the winter semester (starting 1 October) it is between 2 May and 15 June.


Prospects


As a graduate of the Master’s programme in Stochastic Engineering you are in the position to quickly and efficiently solve a wide range of application problems in economics, finance, risk management, and technology based on solid theoretical foundations and using suitable computer implementation.


Possible areas of application are, for example:


  • Product development, product calculation, financial engineering, risk control and assetliability management for banks, insurance and re?insurance companies and other companies providing financial services
  • Co-design of risk management strategies that are set up or expanded in many companies.
  • Collaboration in financial supervision
  • Reliability testing, simulation and optimisation of technical systems in medium size manufacturing companies
  • Collaboration in developing medications, in particular carrying out and analysing tests on medications in pharmaceutical companies
  • Gathering, analysing and evaluating data for the purposes of market research, customer behaviour and marketing
  • Performing econometric analyses in planning departments and collaboration in areas dealing with national economy.
  • Development and testing of customer solutions in consultancy companies, audit firms and rating agencies