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Affordable Master's degrees in Economics
When considering an affordable master's degree in Economics, it's essential to understand what qualifies as 'affordable'. In our system, any master’s programme with tuition fees ranging from €0 to €2,500 per year is considered affordable. This means that you can find tuition-free options, making it even more accessible. Several countries offer cheap master degrees in Economics that fit within this budget. For instance, you can explore affordable Economics programmes in Germany, where many public universities charge minimal fees. Similarly, cheap Economics degrees in France are available, often at a low cost. Other great options include budget-friendly Economics in Poland, affordable Economics in Italy, and low-cost Economics in Portugal. These countries not only offer affordable tuition but also provide high-quality education, making Economics an attractive field of study for cost-conscious students. Additionally, for those who prefer flexibility, affordable online Economics master's programmes can be a great alternative.
- Our picks
- Lowest tuition Fee
Economic and Business Analytics
Check matchFree2 yearsJohannes Kepler University LinzLinz, Austria4.2(20)Ranked top 3%Ethics - Economics, Law and Politics
Check matchFree2 yearsRuhr University BochumBochum, Germany3.7(23)Ranked top 2%Economics
Check match2,416 EUR / year1 yearUniversity Sains MalaysiaGeorge Town, Malaysia4.1(34)Ranked top 2%Quantitative Finance and Insurance
Check match600 EUR / year2 yearsUniversity of TurinTorino, Italy4.2(224)Ranked top 2%Economics
Check match1,380 EUR / year1½ yearKharkiv National University of RadioelectronicsKharkiv, Ukraine4.4(288)Ranked top 9%Economics and Management - Political Economics
Check match2,423 EUR / year1½ yearUniversity of LucerneLuzern, Switzerland4(1)Tourism Economics and Management
Check match157 EUR / year2 yearsUniversity of BolognaRimini, Italy4.2(411)Ranked top 1%Economics and Management
Check match2,423 EUR / year1½ yearUniversity of LucerneLuzern, Switzerland4(1)Standards of Decision - Making Across Cultures
Check matchFree2 yearsFriedrich-Alexander-Universität Erlangen-Nürnberg (FAU)Erlangen, Germany4(44)Ranked top 1%International and Development Economics
Check match835 EUR / year1 yearUniversity of NamurNamur, Belgium3.8(18)Ranked top 6%Economic Sciences
Check match2,000 EUR / year2 yearsAlzahra UniversityTehran, Iran4.1(26)Ranked top 10%Economics
Check match2,157 EUR / year1 yearIstanbul UniversityIstanbul, Turkey4(309)Ranked top 4%Politics, Economics, Philosophy
Check matchFree2 yearsUniversity of HamburgHamburg, Germany4(38)Ranked top 1%Business and Operations for a Circular Bio-Economy MicroMaster Program
Check match633 EUR / full½ yearedX - online learning platformOnline4.2(10)Management, Organization and Business Economics
Check match1,701 EUR / year1 yearThe Public University of NavarreNerva, Spain4.3(153)Ranked top 8%Economic Policies for the Global Transition
Check match250 EUR / year2 yearsUniversity Paris CitéParis, France4.2(53)Ranked top 1%Applied Economics
Check match1,005 EUR / year2 yearsNational Ilan UniversityYilan, Taiwan5(1)Economics - International Business
Check match1,665 EUR / year2 yearsSouth Ural State UniversityOnline4.1(45)Ranked top 5%Economics
Check match148 EUR / year2 yearsUniversity of the PunjabAbbottabad, Pakistan4(911)Ranked top 4%Quantitative Economics
Check matchFree2 yearsLudwig-Maximilians-University (LMU) MunichMünchen, Germany4.1(108)Ranked top 0.5%
Frequently asked questions
- What countries offer cheap master's degree in Economics?
Several countries offer a cheap master's degree in Economics, making them ideal destinations for international students seeking affordable programmes. For instance, you can explore cheap Economics master’s in Germany, where tuition fees are often under €2,500 per year. Similarly, affordable Economics degrees in Norway are available with minimal tuition costs. Other options include Sweden, France, and Poland. These countries not only offer budget-friendly tuition but also provide a high-quality education recognised globally.
- What is the average cost of a cheap master's degree in Economics?
The average cost of a cheap master's degree in Economics typically falls below €2,500 per year. In many European countries, public universities charge minimal tuition fees, making it possible for international students to pursue their studies affordably. For example, in Germany, the tuition fee for a master's programme in Economics can be as low as €0 at public universities, though students should budget for living expenses, which can range from €850 to €1,200 per month. Similarly, in countries like Norway and Sweden, while tuition fees are generally low or non-existent for EU/EEA students, international students may incur nominal fees, still significantly lower than in other regions.
- Are there scholarships available for cheap Economics master degrees?
Yes, there are numerous scholarships available for international students pursuing cheap Economics master degrees. Many universities and governments offer merit-based and need-based scholarships to support students. For instance, the DAAD scholarships in Germany provide financial aid to international students, covering tuition and living expenses. Similarly, the Erasmus Mundus Joint Master Degrees programme offers scholarships for studies in Europe. Additionally, individual universities may have their own scholarship programmes. It's essential to research and apply early, as competition can be fierce and deadlines vary.
- Can I get an affordable online master's degree in Economics?
Absolutely, you can obtain an affordable online master's degree in Economics. Many universities now offer flexible, distance-learning options that are both cost-effective and convenient. For example, you can explore affordable online Economics master’s programs that allow you to study from anywhere in the world. These programmes often have lower tuition fees compared to on-campus options and provide the same quality of education. Online learning also offers the flexibility to balance your studies with other commitments, making it an excellent choice for working professionals or those with family responsibilities.
- What are the admission requirements for a cheap master's in Economics?
The admission requirements for a cheap master's in Economics vary by university but generally include a bachelor's degree in a related field, such as Economics, Business, or Mathematics. Most programmes require a minimum GPA, typically around 2.7 to 3.0 on a 4.0 scale. Additionally, international students must provide proof of English proficiency, usually through tests like IELTS or TOEFL. Some universities may also require letters of recommendation, a statement of purpose, and a resume. It's important to check the specific requirements of each programme, as some may have additional criteria such as relevant work experience or specific coursework.
- How long does it take to complete an affordable master's in Economics?
The duration to complete an affordable master's in Economics typically ranges from 1 to 2 years, depending on the programme and whether you study full-time or part-time. Full-time programmes usually take 1 year to complete, while part-time options can extend up to 2 years. Online programmes offer even more flexibility, allowing students to complete their degrees at their own pace within the given timeframe. It's important to note that some programmes may offer accelerated options or allow for an extended study period, providing flexibility based on individual circumstances.
