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Train-and-study programme

Our train-and-study programme offers a master’s degree and vocational training in one go for school-leavers ready to build their career both academically and on the job.

Combine theory and practice to accelerate your career in the fascinating world of reinsurance

This programme is designed to give you the best of two worlds condensed in just four and a half years – a master’s degree and vocational training – for a perfect start in the world of insurance. After two and a half years of vocational training, you take exams to acquire the Chamber of Commerce and Industry qualification. After the qualification, you work while preparing for your bachelor’s and obtain your bachelor’s degree after three years. The programme culminates with a Master of Science degree after just four and a half years.

During the vocational-training phase – the first two and a half years – we offer frequent training courses. For your vocational and scholastic training units, you join small project groups at the German Insurance Association for Vocational Training (Berufsbildungswerk der Deutschen Versicherungswirtschaft e.V.). As a result, you spend, for example three days per week at the company and two days at school. 

After completing your vocational training and bachelor’s degree, you will go on a 6-month assignment abroad to gain valuable international experience.

Once you have returned from your assignment abroad, you alternate between the company and the university to study for your master’s thesis at several-months intervals. This allows you to work on your degree while you grow into taking on more responsibility and challenging projects on the job. 

Programme highlights in a nutshell

4 ½
years
investment for full vocational training, a bachelor’s and a master’s degree – all while earning your own money
3
degree options
Economics from the University of the Federal Armed Forces (UniBW) in Munich-Neubiberg, Germany, or a degree in business mathematics in Actuarial Sciences from the Rosenheim University of Applied Sciences or Business Informatics at the Friedrich-Alexander University Nuremberg
6
months assignment abroad
An assignment abroad offers insight into different business cultures and valuable international experience at one of our 50+ sites worldwide
Stefanie
© Susanne Schramke / Munich Re
Gaining insight into the central divisions, the internships with sites in the international organisation, such as in Brazil and Italy, as well as collaboration in projects also gave me the opportunity to acquire a thorough understanding of the company. 
Stefanie
Munich Re Germany, Munich
Consultant in Learning & Development and Train-and-Study Programme Alumna

Programme goals in a nutshell

Das wirst du erreichen

Bachelor’s and Master’s
In addition to a nationally recognized professional qualification from the Chamber of Industry and Commerce, you will also acquire internationally accepted qualifications with the academic degree "Bachelor of Science" as well as the "Master of Science".
Critical thinking and problem-solving skills
This focus of this programme is to impart skills, know-how and cultivate critical thinking to recognise economic problems and to analyse and solve such problems using scientific methods.
Inter- and cross-disciplinary
In addition to practical work experience, you will acquire knowledge in the fields of business administration, economics, law and methodology during your studies. Our aim is to help you consider different frameworks in solving economic problems.

Contents and structure of the economics programme 

This programme uses learning in small groups to promote high-impact teaching and enhance the exchange between teachers and students. The programme is divided into trimesters for rapid studies at a high technical and academic level. 

Orientation phase

The focus of this phase is on broadening your acquired knowledge. This includes studying public functions – and their economic implications – from a business perspective.

Advanced phase 

The focus of this phase is on broadening your acquired knowledge. This includes studying public functions – and their economic implications – from a business perspective. 

Application phase 

Studying in small groups, you familiarize yourself with the scientific analysis of sectoral and application-specific problems. You integrate expert perspectives and apply what you have learned in a study project. Your 3-month bachelor’s thesis concludes the programme. 

Curious about the Economics programme? 

Learn about the department of Economics and Management and its academic programmes for Bachelor and Master of economic studies. Its trimester structure and high-impact learning environment enables students to complete their bachelor’s degree and a consecutive master’s degree in a period of less than four years. 

Business mathematicians are actuaries. These scientifically trained, certified experts use mathematical methods – from probability theory and statistics to the mathematics of finance – to analyse issues in the areas of insurance, investment and old-age pensions. They draw up insurance products, estimate risks and calculate premiums.  

The focus of this programme is on enabling students to meet the practical requirements of the job market in the financial sector and insurance industry. It teaches students to 

  • analyse scientific problems with business processes 
  • develop solutions using mathematical and statistical models 
  • implement practical solutions using information technology. 

Programme goals in a nutshell 

Bachelor’s and Master’s
In addition to a nationally recognized professional qualification from the Chamber of Industry and Commerce, you will also acquire internationally accepted qualifications with the academic degree "Bachelor of Science" as well as the "Master of Science".
Become a qualified actuary
The programme teaches the skills and knowledge required to pass the German Association of Actuaries (DAV) exam.
Three qualifications in one
This programme is tailored to impart the theoretical, practical and applied qualification for three highly sought-after careers – mathematician, actuary and statistician.

Contents and structure of the business mathematics programme 

This degree program is designed to qualify you and your fellow students for the practical requirements of a career in the finance and insurance industry. In addition to the professionally qualifying subjects of languages, communication and business games, the following subjects are part of the study program: 

Mathematical subjects and Information technology  

Analysis, linear algebra, stochastics and statistics, differential equations, Basics in Information technology, programming, software engineering, databases  

Economics   

Management, financial instruments, accounting, value-based and risk-oriented business management 

Actuarial Science and statistics

Mathematics of finance, statistical applications, statistics, personal and property indemnity insurance mathematics, modelling

Curious about the business mathematics programme? 

Learn about the career benefits and requirements of completing the business mathematics programme at the Rosenheim University of Applied Sciences. 

Programme goals in a nutshell 

Bachelor’s and Master’s
In addition to a nationally recognized professional qualification from the Chamber of Industry and Commerce, you will also acquire internationally accepted qualifications with the academic degree "Bachelor of Science" as well as the "Master of Science".
Shaping digitization
Thanks to the diverse study content of Data & Knowledge, Digital Business & Processes, and Architecture & Development, you will have the ability to directly influence the digital world of the future upon graduation.
Interdisciplinarity
In addition to practical work experience and knowledge of straight business informatics, you will also acquire knowledge in the areas of economics and computer science during your studies. This broad knowledge will enable you to develop IT solutions for company and inter-company tasks after graduation.

Contents and structure of the business mathematics programme

The program provides you and your fellow students with a broad basic knowledge of management and computer science and is characterized by a balanced combination of business and technical content. Through the combination of the different subject areas of business informatics, computer science and economics, you will receive a solid knowledge base to later be able to assume a leadership position in business or research. 

Orientation phase 

This first orientation phase serves to convey the methodological basics for your studies. This gives you an early impression of the issues and concepts that are relevant for your further studies. 

Bachelor phase 

Building on the theoretical foundations, this phase focuses on practice-related courses. Here, the skills needed to secure a professional qualification are taught. 

Freedom of design 

You have the possibility to choose from a wide range of methodological basics, especially in the field of Data Science. This allows you to set your own priorities and develop an individual profile. 

Curious about the business informatics programme? 

You will study at the Friedrich-Alexander University in Nuremberg. On the homepage of the university you can learn more about the study contents and get a first impression of the campus. 

What we look for in our students:

an above-average high school diploma/GPA
very good German and good English skills
Ability to work in a team and high level of initiative
social and intercultural competence

Are we a match?

You are an excellent student who is interested in international economy and loves learning. You’re a German native speaker or sufficiently proficient in German to follow courses at the university level taught in German. You are a confident self-starter with a strong team spirit. Ready to stretch your abilities both academically and on the job?