• Application Deadline
  • 12 months
    Duration
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Overview

The Quantitative Economics and Finance programme at University of Luxembourg prepares for careers in academia, public institutions, and upscale jobs in the industry. For its best graduates it is a premier route for admission to the University of Luxembourg’s Doctoral School in Economics and Finance.

The MSc in Quantitative Economics and Finance meets the highest international standards and compares to the first year of doctoral programmes at top universities in the US or the UK. In the second semester, students have to write a Master thesis. Close ties to the University’s economics and finance research departments ensure individual supervision by faculty members. 

 5 reasons to study quantitative economics and finance in Luxembourg

  • Get to know the research frontier in economics and finance
  • Strong links to research carried out at Uni.lu’s economics and finance departments
  • Curriculum meets highest international standards of first year - doctoral studies
  • Gain knowledge and skills for a career in academia, public institutions, or the industry
  • Study in one of Europe’s leading financial centres

Careers

The MSc in Quantitative Economics and Finance is equivalent to the first year of doctoral education, and graduates are eligible to apply to the University of Luxembourg Doctoral School in Economics and Finance.

Graduates from the MSc in Quantitative Economics and Finance will also find employment in Luxembourg’s dynamic and international job market. They are especially qualified for jobs with central banks, private banks, insurance companies, administrations, European and national institutions, or statistical services.

Programme Structure

Courses include:
  • Mathematics and Statistics for Economics and Finance
  • Advanced Econometrics
  • Advanced Microeconomics
  • Advanced Macroeconomics
  • Advanced Financial Theory

Detailed Programme Facts

English Language Requirements

  • Minimum required score:

    5.5

    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.

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  • Minimum required score:

    87

    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®

Academic Requirements

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

    Schedule GRE®

    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

  • Applicants need to have successfully completed four years of university studies (240 ECTS), usually a Bachelor’s degree and one-year Master’s, or equivalent, in economics, finance, business, management, mathematics, social sciences, or a related discipline.
  • Full degree transcripts (Bachelor, Master or equivalent), incl. an official English translation if the original is not in English.
  • General GRE test scores (pdf suffices)
  • Curriculum Vitae
  • Motivation letter/personal statement
  • Additional documents, such as copy of passport or identity card, photo, etc. may be required by the student services department (SEVE).

Tuition Fee

  • International

    400 EUR/year
    Tuition Fee
    Based on the original amount of 200 EUR per semester and a duration of 12 months.
  • EU/EEA

    400 EUR/year
    Tuition Fee
    Based on the original amount of 200 EUR per semester and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Luxembourg

  • 1212 - 2070 EUR/month
    Living Costs

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

Funding

Check the programme website for information about funding options.

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.

Quantitative Economics and Finance
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