Master in Mathematics and Economic Decision

The two-years Master's program in Mathematics and Economic Decision is the Toulouse School of Economics Master in Applied Mathematics and Statistics. It benefits from the strength of both the TSE’s Mathematics and Economics departments. Interdisciplinarity is very important in recent developments in research, for example at the interface between optimization and statistics. These developments have wide and natural applications in economics and in the industry: artificial intelligence, big data, game theory, high-dimensional analysis, machine learning, network analysis, stochastic analysis, etc.

The first year is dedicated to acquiring a broad and rigorous knowledge in mathematics and statistics and its applications to economics.

The second year of this program is particularly targeted to students interested in research-based training in applied mathematics and statistics. It could be viewed as the first year of a Ph.D. program in the north American system. Successful students who are interested in a Ph.D. in applied mathematics and statistics can apply to grants with the help of the TSE faculty to fund the remaining years of the Ph.D. in Toulouse or outside Toulouse. The Ph.D. can be either academic or professionally oriented. The second year of the Master can also be a good fit for a student interested in research-based learning but who prefers a professional integration directly after the Master, for example as a mathematical engineer with a strong background in Economics.

Alternatively, after the first year, the students may apply to other second year Master’s programs at TSE. The second year of the Master Data Science for Social Science is particularly suited for a professional integration after the Master. Students who become more interested in the Ph.D. in Economics may apply to the second year of the Master Economic Theory and Econometrics.

Program 2022-2023

M1 "Applied Mathematics, Statistics" - Mathematics and Economic Decision - International track

*UE1/UE2/UE6. A minimum score of 10 out of 20 is required.

** Masters 2 Directors recommend to attend some options:

• Industrial Organization: M2 EMO
• Corporate Finance et Market Finance: M2 Finance
• Time Series: M2 EEE

*** Mathematics refresher courses, for TSE M1 and M2 students

**+ Introduction to big data and Optimization for big data courses are open to the first 45 registered students (on a first-come/first-served basis).

Program 2023-2024

M1 "Applied Mathematics, Statistics" - Mathematics and Economic Decision - International track

*The student chooses to follow either the MED 2 track or the Econometrics and Economics track

++ A minimum grade of 10 out of 20 is required.

** Masters 2 Directors recommend to attend some options:

• High dimensional data analysis and machine learning or Stochastic Methods for optimization and sampling or Time Series: M2 D3S
• Industrial Organization: M2 EMO
• Corporate Finance et Market Finance: M2 Finance
• Time Series et Program Evaluation: M2 EEE
• Program Evaluation: M2 EEE, M2 ETE
• Advanced Macroeconomics: M2 ETE
• Advanced Microeconomics: M2 ETE

*** Refresher courses, for TSE M1 and M2 students

Program 2022-2023

M2 Applied Mathematics, Statistics - Mathematics and Economic Decision International track
(Syllabi are regulary updated)

¹ Each student is supervised by a professor who assigns him/her with reading assignments at the graduate and research level. The students have to produce a manuscript and a presentation of the type of a research seminar in 1 hour around a selected aspect and present sketches of proofs.

*Refresher course in mathematics, open to M1 and M2 students of the School
**Corresponds to the UE3 Management and decision of the Master 2 2IS 
*** One course of your choice from UE3 Technologies du décisionnel of the Master 2 ISIADE
**** Course of your choice in Semester 3 or 4 (subject to validation by the Master's pedagogical director): possibility of following a course given by an invited professor (one of the invited professor for the academic year 2022-2023 is P Alquier who will teach a course on « Variational Approximations for Bayesian Inference ») , or from a research school, or from other Master 2 programs for example from the master RI (https://departement-math.univ-tlse3.fr/m2-research-innovation)

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Program 2023-2024

M2 Applied Mathematics, Statistics - Mathematics and Economic Decision International track
(Syllabi are regulary updated)

* Each student is supervised by a professor who assigns him/her with reading assignments at the graduate and research level. 
** Corresponds to the UE3 Management and decision of the Master 2 2IS 
*** One course of your choice from UE3 Technologies du décisionnel of the Master 2 ISIADE
**** Course of your choice (subject to validation by the Master's supervisor):

• Possibility to follow an advanced course (see https://www.tse-fr.eu/fr/groups/mathematiques-de-la-decision-et-statistique?tabs=7)
• or Possibility to follow a course from a research school
• or Possibility to follow courses in other Master 2 programmes

First year - Acceptance criteria

• Students with an undergraduate degree who majored in Economics or Economics and Mathematics at the Toulouse School of Economics TSE and able to justify a good English level are eligible to enroll in the M1 program “Mathematics of Economic Decision", international track entirely taught in English.

Or by application review:

• Students with an undergraduate degree in an "economics and mathematics" or mathematics , and who are able to justify a good English level
• French or foreign students with a degree and credits considered equivalent, and who are able to justify a good English level

Second year - Acceptance criteria

• Students who have majored in the M1 program “Mathematics of Economic Decision" are eligible to enroll in the M2 program.

Or by application review:

• Holders of a master's degree in mathematics who can justify some knowledge of Economics or are willing to prepare for it before the beginning of the program and who are able to justify a good English level, international track entirely taught in English.

Application:

To apply to this master, select on eCandidatures platform:

• First year: M1 Applied Mathematics, Statistics - Mathematics and Economic Decision International track
• Second year: M2 Applied Mathematics, Statistics - Mathematics and Economic Decision International track

For more details about requirement documents and application process, please see the Admission section. 

For Enrollment and Fees, please see the Admission section.
Scholarships: Some Master scholarships will be awarded to Master students according to academic and individual criteria, see Admission section