As others explained, for a real negative number $z$ you have $\theta=\pi$ and $r=|z|=-z$, giving $z=(-z)\exp(i\pi)=(-z)\cdot(-1)=z$, and it all adds up.
But if I may, I would like to address your opening sentence:
As a student of mathematics (first year master degree) I have to admit that I'm somewhat ashamed to ask this.
First, a joke.
Dad, why is the sky blue?
I don't know, son.
Dad, how do airplanes fly?
I don't know.
Dad, what is in the center of the earth?
I don't know.
Dad, is it ok that I ask so many questions?
Of course! If you don't ask, how will you ever learn anything?
It's generally a good idea to ask questions when you're curious or confused about something.
And though I'd expect a student of your level to find a question like this trivial, we all have gaps in knowledge or mental blockages from time to time.
But I have to say - with the unintended risk of making you feel worse than you might already do - that what I find most troublesome here is that you were not able to reconcile this confusion on your own.
A mathematician should know, from experience, how to tackle problems. For a question like this, you might have wanted to try out taking some arbitrary complex numbers and figuring out their arguments. You would see that complex numbers which are close to the negative real number line have arguments close to $\pi$, and it should have dawned on you that the argument for negative real numbers must be $\pi$ rather than $0$ (or $-\pi$, depending on your choice of branch).
Not sure what you can do about it, since as mentioned this is something that comes from experience (which you should already have by now...). But perhaps focused study on problem solving techniques could help. I heard good things about George Pólya's "How to Solve It", though I haven't read it myself.