• Application Deadline
  • 12 months
    Duration

About

Why a degree in political economy?

You’re interested in the reciprocal relationship between politics and markets.

This requires a deep understanding of the behavior of non-market agents (such as legislatures, government agencies, judicial institutions, NGOs and activist groups, the media), and their interactions with traditional market agents (companies and consumers). Political economy develops systematic frameworks for understanding such behaviors and interactions. A key asset of the political economy toolbox is that it allows for a deep understanding of the determinants of public policy effectiveness both at the macroeconomic and microeconomic levels.

You’d like to understand how non-market agents influence the functioning of the market.

For instance, emission standards affect virtually all aspects of automobile design and manufacturing, and thereby the competitive advantages of automakers around the globe. Political economy provides the tools to understand elections, lobbying, information provision, and institutional specificities shape actual emission standards, which may thus differ from the socially optimal outcome.

As a corporate executive, you will understand how to approach the government and tackle the constraints they are facing. As a government agency, you will grasp how companies operate and how to design better regulation.

Why the joint master degree by Georgetown University & Solvay Brussels School of Economics and Management?

The Brussels-Washington joint degree in Political Economy is an innovative one-year program combining the strengths of two internationally-renowned institutions. Upon successfully completing the program, each student will receive 2 degrees which will be presented side by side. Both documents will reference both degrees and will include the name of the other institution.

Learn from expert decision-makers in Europe and North-America and explore:
  • The specificities and differences between the approaches taken on each continent
  • Their impact in various geopolitically crucial regions around the world
  • The complex relationships with other actors within this global governance architecture
Job opportunities

Graduates of this master can look forward to job opportunities with a faster advancement potential in a broad range of institutions and companies, including:

  • International institutions (EC, WTO, World Bank, IMF, OECD, NATO, ETC, etc.)
  • Multinational enterprises (lobbying and consulting firms, investment banks, etc.)
  • Governmental institutions (regulatory agencies, central banks, foreign affairs, etc.)
  • Global NGOs & Think Tanks
  • Higher Education (through PHD programs)

In order to successfully grow in your working life and make the right choices for your career, it is fundamental to define your goals and have the tools to achieve them. The Solvay Brussels School’s career service will help you in building your career thanks to its strong connection with the business sector and acces to a wide network of alumni.

Programme Structure

Courses include:

  • Macroeconomics
  • Microeconomics
  • Political Economy
  • Data Analysis
  • International Trade And Eu Trade Policy
  • Impact Evaluation
  • Industrial And Development Policies: Eu, Us, And Beyond
  • Policy Workshop: Competition Policy In The Single Market

              Audience

              The Georgetown/Solvay (Advanced) Master in Political Economy seeks:

              • Highly-motivated students willing to take up global political and economic challenges
              • Students with an outstanding academic background, intellectual curiosity and the discipline to succeed in a very demanding environment

              Lecturers

              The program boasts an unrivalled cast of highly-experienced practitioners and regulators shaping the evolution of economic policies around the world, and top-quality academics from Georgetown University and Solvay Brussels School of Economics and Management, including:

              • David Burke (CBO)
              • Julie Carey (NERA)
              • Christophe Croux (EDHEC Business School)
              • Jon Lanning (CFPB)
              • Alex Marten (EPA)
              • John Rogers (FRB)

              Detailed Programme Facts

              • More details: Applications are processed on a rolling basis. Since the number of seats in class is limited, candidates are encouraged to apply as early as possible.
              • Programme intensity Full-time
                • Full-time duration 12 months
              • Credits
                60 ECTS
              • Languages
                • English
              • Delivery mode
                On Campus
              • More information Go to the programme website

              English Language Requirements

              You only need to take one of these language tests:

              • Minimum required score:

                100

                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:

                7

                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

              You need the following GPA score:

              Required score: 3

              Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to 3 on a US 4.0 grading scale. Admitted applicants typically have an undergraduate GPA of or better on a 4.0 scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

              Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

              You only need to take one of these tests:

              • This programme accepts GRE® scores. However, it does not provide a recommended score range.

                The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. The GRE® General Test contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.

              General Requirements

              • A 4-year BA (in continental Europe: 3-year BA + 1 or 2-year master) or MSc or equivalent degree.
              • Eligible degrees include, but are not limited to, Economics, Political Science, Statistics, and Mathematics.
              • A solid background in economics and quantitative methods is a prerequisite.
              Since economics is a highly quantitative subject, substantial coursework in mathematics, probability and statistics, and other quantitative subjects is another factor that will strengthen your application. At least two courses in calculus, as well as courses in intermediate microeconomics and intermediate macroeconomics, are specifically required for admission to the program.

              This programme is taught in different countries. Which country are you interested in?

              Tuition Fee

              • International

                50004 USD/year
                Tuition Fee
                Based on the original amount of 50000 USD for the full programme and a duration of 12 months.
              • National

                50004 USD/year
                Tuition Fee
                Based on the original amount of 50000 USD for the full programme and a duration of 12 months.

              Living costs

              • Brussels, Belgium

                885 - 1310 EUR/month
                Living Costs
              • Washington, D. C., United States

                1705 - 2980 USD/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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