This programme provides you with: state of the art tools for the quantitative and qualitative analysis of economic problems in specific markets, national economies, and the global economy, such as monetary policy, climate change, or development. a wide range of possibilities for specialisation and maximum flexibility in your choice of courses. ample opportunities to complement your expertise in economics by choosing from additional courses in management, political science and sociology.
The M.Sc. in Economics at University of Cologne builds on the knowledge gained in your bachelor studies, giving you advanced expertise in your chosen field. This up-to-date range of economic topics makes you a sought-after expert in the analysis and development of solutions to economic problems and challenges.
A diverse range of employment opportunities are available to graduates in economics related roles in public institutions, such as:
- Government Ministries
- Private Financial Institutions
- Government Agencies and Authorities (e.g. competition or regulatory authorities and central banks)
- European Institutions (e.g. the EU Commission)
- International Institutions (e.g. OECD, IMF or the World Bank)
- Consulting Firms and Think Tanks
- Firms and Institutions Analysing Large Data Sets
- The Core Section of the programme contains 24 credit points (four courses) and will introduce you to the central methods and insights of the main areas of modern economics: econometrics and statistics, macroeconomics and microeconomics.
- In the Specialisation Section you choose courses from the main areas that reflect your substantive orientation in which you want to proceed with your studies.
- In the specialisation on Empirical Methods and Data Analysis your focus is on the tools of empirical analysis.
- In Markets and Economic Policy your focus is largely on issues of public policy and the functioning of markets from a macroeconomic perspective.
- In Market Design and Behavior you focus on the microeconomic working of specific markets and how they should be regulated and the behavior of individuals in them.
- The Supplementary Section in Economics offers both specialisation and generalisation.
We are not aware of any academic requirements for this programme.
We are not aware of any English requirements for this programme.
- A Bachelor degree or equivalent in the respective field (worth at least 180 ECTS credits) and an overall grade point average of
- at least 2.7 (German grade). Applicants must meet the following requirements:
- At least 18 ECTS credits in Economics and
- at least 48 ECTS credits in further Economics, Business Administration and/or Social Sciences and
- at least 15 ECTS credits in Statistics and/or Mathematics (methodological expertise only, no user expertise)
- At least 40 ECTS in Mathematics
- English language skills level B2 CEFR
- The successful completion of an admission test (TM-WiSo/ GMAT/ GRE) is highly recommended
InternationalFreeTuition FeeBased on the tuition of 0 EUR per year during 24 months.
EU/EEAFreeTuition FeeBased on the tuition of 0 EUR per year during 24 months.
The University of Cologne does not charge any tuition fees.
Each semester, all enrolled students of the University of Cologne have to pay a social fee ("Semesterbeitrag").
Living costs for Köln
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
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.
Apply and win up to €10000 to cover your tuition fees.
Updated in the last year
Check the official programme website for potential updates.