Overview
The Faculty of Management, Economics and Social Sciences (WiSo Faculty) at the University of Cologne offers wide range of top-ranked English-taught Master’s programmes which combine innovative teaching and world-class research.
This Economics programme at the University of Cologne provides you with:
- 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.
As a student, you are largely free to choose the subjects you intend to concentrate on, and you can opt to focus on different areas within and between fields. The main topics are:
- Market Design and Behavior,
- Markets and Economic Policy,
- Empirical Methods and Data Analysis,
- Energy and Climate Change.
The empirical and analytical focus of the programme enables you to analyse economic phenomena using state-of-the-art research methods and to carry out research projects. Upon graduating from the programme, you will be prepared to enter a professional career in many private and public institutions in need of economic expertise. You may also opt for the continuation of your studies through a PhD programme in economic research.
Career Opportunities
The M.Sc. in Economics 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, World Bank, IEA, and ILO)
- Energy Utiltites and Trading Companies
- Consulting Firms and Think Tanks
- Firms and Institutions Analysing Large Data Sets
Accreditation
EQUIS, AQAS
Programme Structure
Courses include:
- The Core Section of the programme contains 24 credit points (four courses) and will familiarizes 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.
Key information
Duration
- Full-time
- 24 months
Start dates & application deadlines
- Starting
- Apply before
-
Application period: April - 15th June
Language
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Credits
Delivered
Campus Location
- Köln, Germany
Disciplines
Economics View 109 other Masters in Economics in GermanyWhat students do after studying Economics
This information is based on LinkedIn alumni data for graduates from 2018 to 2024 and may not fully represent all career outcomes
Academic requirements
The successful completion of an admission test (GTEBS/GMAT/GRE) is highly recommended. Your grade point average should be at least 2.7 (German grade).
English requirements
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AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.
- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
Who should apply?
- are interested in understanding social interaction from an economic perspective as well as communicating and engaging in intellectual discourse.
- have analytical skills in mathematics, statistics, and other empirical methods.
- want to contribute to the solution of the pressing global and national problems facing societies.
- have a good understanding of the English.
Student Insurance via Studyportals Partner
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Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Cologne and/or in Germany, please visit Student Insurance Portal.
Tuition Fees
-
International Applies to you
Applies to youNon-residentsFree -
EU/EEA Applies to you
Applies to youEU/EEA NationalsFree
Additional Details
The University of Cologne does not charge any tuition fees. Each semester, all enrolled students have to pay a social contribution fee.
Living costs
Köln
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
As the University of Cologne is state-funded, there are no tuition fees, just a biannual “social contribution fee”, which includes the “semester ticket” for public transport throughout North Rhine-Westphalia. So, with us, you can invest in an excellent education – and your future – without paying a fortune. In addition, we offer scholarships and other financial support: https://wiso.uni-koeln.de/en/studies/organising-your-studies/financing
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Scholarships Information
Below you will find Master's scholarship opportunities for Economics.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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