Study cover for Economics
M.Sc. On Campus


ISCTE Business School | University Institute of Lisbon

24 months
4900 EUR/year
2250 EUR/year
Tuition fee
Apply date
Start date


The MSc in Economics is a full-time, two-year Program, fully taught in English. It is designed for students who wish to obtain a rigorous, in-depth education in economic theory and policy, to prepare a successful career in research or as professional economists working on banking, government institutions, and international organizations or as economic advisors and financial consultants.

Visit the official programme website for more information


Would you like to know more about our master programmes and discover all the opportunities offered by Iscte Business School? Then, don't miss the live webinar on master applications! It will take place on January 28, from 12:00 - 13:00 (GMT) - Register Now!

7 Reasons for Choosing the Master in Economics at Iscte Business School

1. Don’t miss the opportunity of being part of one of the most reputed Economics programs in Europe

  • Ranked 35th in its category, among the Top 200 Best Masters Programmes, in Western Europe in 2018/2019 (Eduniversal Ranking)

2. Learn from the best methodologies and software

  • Interact regularly with reputed practitioners who will offer their vision and experience in a series of workshops aimed at discussing and analyzing economics topics;
  • You will be challenged to understand complex current and future economic issues that affect everyone’s livelihood;
  • You will build the skills needed to contribute to economic debates and policy choices;
  • You will learn to handle advanced modeling techniques and use computational software which is integrated into regular classes (for example MATLAB, R, STATA);
  • You will have access to a comprehensive databases that will support you on your thesis and research. 

3. Benefit from a reputed faculty, with a rigorous learning style

  • The faculty of Iscte Business School has authored more than 100 books in different management disciplines, many of which are now required reading at other Portuguese universities;
  • There is a close working relationship between students and faculty and students benefit from weekly contact hours, continual email contact and a sustained relationship with the faculty throughout their professional lives;
  • Both semesters in the first year provide solid foundations in the core subjects (microeconomics, macroeconomics and econometrics) and equip you with the tools of economic analysis while allowing the choice of 3 electives, either in the field, or in one of the following thematic areas: Computing and Modelling for Economics and Business; Banking, and Financial and Monetary Markets; and Regulation and Markets.

4. Thrive in a welcoming culture where personal development and creativity are encouraged

  • Participate on the personal development programme (PdP) that enables students to discover their leadership qualities and creativity;
  • The welcome week allows you to engage in networking, team-building and idea-sharing from day one of the course. This spirit is reinforced year-round with a host of other activities;
  • Mentoring program - with their mentors, students have the opportunity to discuss their academic progress and career prospects, and benefit from their recognized professional experience;

5. See your merit recognized and rewarded throughout the program

  • Award for the best MSc in Economics Student (sponsored by Ernst & Young)
  • Award for the best candidates 

6. A truly international outlook 

  • Study trip to Frankfurt, which encompasses an academic institution and the European Central Bank;
  • Possibility of doing a Double Degree - it allows students to graduate with two diplomas from two Universities (Iscte and a partner university). For the Msc in Economics, the partner universities are:
    • Southwestern University of Finance and Economics - China (EQUIS accredited) 
    • Warsaw University in Poland (AMBA accredited).
  • Possibility of doing an exchange / Erasmus program with our partner universities. 

7. Get excited with the program’s career prospects 

  • Our career services will support you with counselling, access to opportunities, the IBS Career Forum and presentations in class by companies;
  • Professional placements for MSc in Economics graduates are excellent, as this degree gives you access to most job opportunities that arise in economics, finance and management - employment rate of 100% up to 12 months after completion of Programme;
  • The sectors most represented in the recruit of master's graduates are Audit & Consulting, Banking, Large Distribution & Retail and Telecommunications;
  • Close contact with a large pool of successful alumni now working for high-profile national and international companies.



Programme Structure

Courses include:
  • Econometric Methods 
  • Economic Growth      
  • Games and Contract Theory  
  • History of Economic Thought
  • Microeconomics                               
  • Econometric Methods II        
  • Macroeconomics                  
  • Research Seminar in Economics I      
  • Research Seminar in Economics II 

A wide range of courses is available to complement the core course modules. However, students may add a supplement to their Master's diploma, in the thematic area Computing and Modelling for Economics and Business, by choosing the following electives:

  • Applied Economic Modelling
  • Computing for Economics and Business

Key information


  • Full-time
    • 24 months

Start dates & application deadlines




120 ECTS


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

This master is designed for high-caliber students and taught in English, in a multicultural environment. Therefore, candidates should have proficiency in the English language. 

Applications are exclusively submitted online, on Iscte’s website. On the online application form, candidates will have to type in some information (e.g. regarding education, work experience, motivation, etc.) and upload the following documents: 

  • Diploma/Transcript of Records from the bachelor's degree awarded by a university or institution of higher education;
  • ID card/Passport;
  • Photo;
  • Results of GMAT or GRE exams (optional).

Candidates still concluding their bachelor degree must also add:

  • Declaration of Commitment (download available on the application form);
  • Transcript of Records with current grading.

Tuition Fee

To alway see correct tuition fees
  • International

    4900 EUR/year
    Tuition Fee
    Based on the tuition of 9800 EUR for the full programme during 24 months.
  • EU/EEA

    2250 EUR/year
    Tuition Fee
    Based on the tuition of 4500 EUR for the full programme during 24 months.

Living costs for Lisbon

630 - 1123 EUR /month
Living costs

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.

Fresh content

Updated in the last year

Check the official programme website for potential updates.

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ISCTE Business School | University Institute of Lisbon


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