Placeholder image for Management and Economics

Management and Economics, M.Sc.

  • Application Deadline
  • 18 months
    Duration
University rank #91 (WUR) Tübingen, Germany
 The M.Sc. Management and Economics at the University of Tübingen offers a unique education by combining state-of-the-art management tools with game-theoretic concepts.

Overview

Managers operating in today’s global environment must be prepared to quickly react to changing business and market conditions, competitors’ actions, and internal governance problems. This calls for a systematic analysis of strategic interaction, comprehensive decision-making processes, and flexible adaptation strategies.

The courses offered in the M.Sc. Management and Economics at the University of Tübingen deal with the strategic behavior of competing firms and focus on implementing management tools within the firms to provide an informational basis for successful business strategies. Moreover, the program gives students extensive insights in the fields of managerial economics, personnel economics, and industrial organization.

Students of this program develop a unique set of analytical and professional skills grounded in advanced methods of game theory and principal-agent-theory. Graduating from this program, you will be able to select appropriate performance measures, design efficient incentive systems, and develop strategies to build up and maintain the human capital needed in the firm.

Careers

Graduates from our M.Sc. in Management and Economics have excellent career prospects, both in the private sector and in governmental and international institutions. They will be attractive candidates in particular for strategic management and leadership positions in international companies, consulting firms, banks, and insurance companies.

Programme Structure

Areas of Specialization

  • Managerial Economics
  • Game Theory
  • Advanced Microeconomics
  • Personnel Economics
  • Industrial Organization
  • Behavioral Economics
  • Economics of Taxation

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 18 months
  • Credits
    90 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

  • Minimum required score:

    6

    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.

    Get a free IELTS practice test
  • Minimum required score:

    80

    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:

    550

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®

General Requirements

  • Bachelor Degree Certificate in Business Administration, Economics or related fields with a final grade of at least 2.5 or better according to the German grading system. 
  •  Complete Transcript of Records with a final grade or calculated grade average. Transcripts of Records containing generic module titles (such as Business Administration I, II and III) should be accompanied by detailed module descriptions. 

The transcript should prove the applicant has solid intermediate knowledge in

  • Microeconomics (e.g. Game Theory, Industrial Organization or Theory of Decision-Making) and
  • Quantitative Methods (Mathematics, Statistics, Econometrics)

Tuition Fee

  • International

    3000 EUR/year
    Tuition Fee
    Based on the original amount of 1500 EUR per semester and a duration of 18 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the original amount of 0 EUR per semester and a duration of 18 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 Tübingen

  • 630 - 1000 EUR/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.

Check your fit
Check your budget and academic fit with this study

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.

Wishlist

Did you know you can compare your wishlisted programmes with our new Comparison tool?