Business Economics

KU Leuven

12 months
3500 EUR/year
938 EUR/year
Tuition fee
Apply date
Start date


The Master of Science in Business Economics emphasizes the acquisition of fundamental knowledge and skills related to the corporate world, international business, strategy and innovation, entrepreneurship, financial economics and marketing.

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The Business Economics programme offers a thorough training in all domains of an organisation with attention to how this organisation is embedded in society. Attention is paid to the development of corporate strategies and the management of functional domains (marketing, finance, accounting, production and logistics, innovation, personnel and organisation) . 

By combining the initial specialisation in the bachelor's programme with the same or different specialisation in the master's programme, students achieve a differentiated profile that includes in-depth specialised skills.

The programme equips you for entrepreneurship and start-up management, as well as strategic decision making in established leading economic organisations.

Programme outline

Students choose a major (24 ECTS), a minor (12 ECTS) and complete their trajectory with a course of choice (3 ECTS). The Master’s Thesis (15 ECTS) is written in the domain of the major.

  • The compulsory programme aims to lend the students insight into the strategic consequences of certain decisions.
  • The major lends depth in a sufficiently broadly defined functional area, which trains the student for a management position with a wide variety of tasks within this area.
  • The minor allows the student to choose between a further deepening of the area discussed in the major, or a broadening in other areas/disciplines. 

The major is the specialization domain of the student and may differ from the specialisation of the bachelor, allowing students to fine-tune their personal graduation profile towards a highly specialised- or versatile profile.


  • A big variety of choice in majors allows you to specialise your domains of choice, where you can demonstrate and further develop your already acquired knowledge, insights and attitudes towards your professional disciplinary future self.
  • International experience: We encourage you to study abroad at one of the faculty’s exclusive partner universities, after completing two semesters in Leuven in the form of an Extended Master as part of the Erasmus+ programme. Increasingly, employers value young professionals who are familiar with doing business in a multicultural and multilingual setting. The faculty keeps up a strong international focus with a flourishing participation of students in summer schools and exchange programmes, making your experience truly international. More information on the various international experiences the faculty has to offer can be found on the website of the international office.
  • A degree in Business Economics guarantees an interesting and challenging position in the management of companies. A business economist can be deployed in various environments, from the smallest SME to the largest multinational. Graduates may even state that in our modern society few organisations can function without managers with a Business Economics education.


Building on previously acquired general economic knowledge and insights in business, the student is taught to judge complex business structures and propose creative solutions independently or in a team. He develops the skills to take on a management function in a company, he learns to fit decisions in with the whole structure of a company and assess strategic consequences for other departments of the company. He has a lot of specialised knowledge, but is also very versatile.

Career perspectives

Graduates generally take up managerial and/or research positions in business, national and international institutions, and in managerial functions at universities. 

Given the variety of skills acquired, you will be highly sought-after by a wide range of companies from small firms to multinational corporations. You can pursue a career as auditor, entrepreneur, consultant, financial analyst, financial manager, project manager, marketeer, sales manager or stockbroker. 

Questions about student life in Belgium, life at KU Leuven or more information about a specific course? Chat with our students: www.kuleuven/be/chatwithourstudents.

Programme Structure

Core Courses

  • Strategic Management


  • International Business, Strategy and Innovation
  • Entrepreneurship
  • Financial Economics
  • Marketing
  • Accounting and Financial Management


  • Strategy and Innovation
  • International Business
  • Accounting and Financial Management
  • Marketing
  • Business Research
  • Entrepreneurship
  • Production and Logistics
  • Economics
  • Informatics for Business Economics
  • Personnel and Organization

Free electives

  • Projects and summer schools
  • Courses from majors and minors
  • Language course


To start this programme, students need a solid background in economics or business economics. They should have acquired the basic conceptual frameworks of diverse areas in business economics and have a sufficiently broad view on the general economic and social contexts in which business operates as well as on the human networks within these organisations.

Key information


  • Full-time
    • 12 months

Start dates & application deadlines


IELTS or TOEFL needed




On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
GRE admission requirements 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. It 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.
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.

English requirements

IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
7 (required)
TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at desiganated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
94 (required)
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.

Other requirements

General requirements

  • Applicants should hold a university Bachelor's degree in Economics or Business Economics comparable to a Bachelor's degree in Economics.
  • Applicants should have a solid background in macroeconomics, microeconomics, mathematics, statistics and management.
  • Applicants must prove their English language proficiency. The minimum score for IELTS is 7, for the TOEFL internet based test it is 94. The minimal sub-scores are 20 out of 30 for the TOEFL results and 6.0 for the IELTS results.
  • A GMAT/GRE -test result above the 75th percentile on the quantitative part is to be included in the application.
For more information on the admission requirements, please visit the homepage of the programme.

Tuition Fee

  • International

    3500 EUR/year
    Tuition Fee
    Based on the original amount of 3500 EUR per year and a duration of 12 months.
  • EU/EEA

    938 EUR/year
    Tuition Fee
    Based on the original amount of 938 EUR per year and a duration of 12 months.


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.

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Business Economics
KU Leuven