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Economics, M.Sc.

  • Application Deadline
  • 24 months
    Duration
University rank #104 (WUR) ,
The Master of Science in Economics offers a comprehensive and internationally competitive program in the fields of microeconomics, macroeconomics, public economics, and economic policy as well as quantitative methods. 

About

 Throughout this program students acquire key skills and qualifications and learn methods that will enable them to work and communicate independently, to critically assess economic findings and to act responsibly. Graduates will be qualified to conduct their own research in certain fields and to develop suitable solutions for complex real-life economic problems.

In addition, the program provides an excellent preparation for a Ph.D. program in economics.

The theoretical and empirical topics of this four-semester program are very demanding. The compulsory Core Area is based on a sound methodological understanding of microeconomics, macroeconomics and econometrics. Having these skills already at the start of the studies is therefore an essential requirement in order to complete the program successfully.

After completing the Core Area, students can specialize in various policy fields or intensify their studies in certain economic fields by choosing elective courses from three fields, namely Economic TheoryEconomic Policy and Quantitative Methods. One module needs to be chosen from each field of specialization – the remainder may be chosen according to personal interest and can also include studies abroad.

By choosing two modules from the area of Advanced Studies, students have the opportunity to analyze politically and economically relevant topics by writing seminar papers. This will serve as good preparation for the final Master Thesis.

Graduates of the master’s program are particularly well qualified for a leading, planning, analyzing, or consulting profession in sectors related to economics, including national and international organizations, companies, public administrations, associations, chambers, universities and other scientific institutions.

The Master of Science in Economics is aimed at highly motivated students who are interested in an in-depth scientific training in the economic methods of economic policy and economic theory. 

We are looking forward to receiving your application!

Programme Structure

Courses included:

  • Advanced Microeconomics
  • Advanced Macroeconomics
  • Welfare Economcis
  • Advanced Econometrics
  • Monetary Macroeconomics in international context
  • International Macroeconomics
  • Monetary Theory
  • Economics of information
  • Selected Topics of Microeconomics
  • Selected Topics of Macroeconomics

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Credits
    120 ECTS
  • Languages
    • Partially taught in English
    • Partially taught in German
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    80

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    500

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:

    5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

Academic Requirements

  • Graduation certificate
  • Official transcript of records
  • Official translations of all certificates if issued in any language other than German or English
  • Proof of English knowledge
  • Sufficient knowledge of German

Tuition Fee

  • International

    Free
    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
Students do not pay any tuition fees, the university only charges semester fees and contributions each semester.

Living costs for Berlin

  • 836 - 1340 EUR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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