M.Sc. On Campus

Economics and Business Administration - Applied Economics and Finance

24 months
15200 EUR/year
Tuition fee
Apply date
Start date


With this Economics and Business Administration - Applied Economics and Finance MSc course from the Copenhagen Business School (CBS). You will understand the economic incentives that drive the company and learn the tools of finance and econometrics for financial decision making. 


Understanding the firm in its global and economic environments is an important part of this concentration. With this Economics and Business Administration - Applied Economics and Finance MSc course from the Copenhagen Business School (CBS) you will learn how to analyse and influence these environments to optimise internal company structures, to identify financial opportunities for the company, or to manage problems of governance, such as modifying conflicts of interest between stakeholders. 

Through a deep understanding of the economic incentives that drive the company, you will know how best to position it in different markets with different levels of competition. Through this, you will learn to give recommendations on how this should influence decisions on pricing strategy, the attractiveness of a merger, or the level of aggressiveness in market competition. You will also work on solving and preventing incentive problems created by these decisions among or between different stakeholders and company management. 

Through knowledge of financial markets, you will be able to influence the company’s competitive situation or protect it from the risk connected with uncertainties in the market. 

Career Opportunities

  • The majority of graduates will find employment in financial institutions. For instance as financial analysts working in a mutual or pension fund, performing evaluations of market developments and advising on how best to make investments.
  • Some will work in consulting. As a consultant you can help companies tackle various problems. For instance if a company is not performing well in a certain market and needs to find out why. Others will find work in larger companies within corporate finance where you could help make analyses for investments and financial decisions, and find ways of maximising shareholder value.
  • But the financial and quantitative skills acquired in the AEF concentration can also lead to jobs in a broad range of other areas, like public institutions or international organisations.

Programme Structure

Courses include:

  • International Finance 
  • Inter-firm relations: Industrial Organisation 
  • Capital Market Theory 
  • Applied Econometrics 
  • Firm Theory and Corporate Governance
  • Corporate Finance 
  • The Firm in a Global Environment 
  • Project
  • Master Thesis

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.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Start from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Copenhagen Business School (CBS) and/or in Denmark, please visit Student Insurance Portal.

Other requirements

General requirements

  • This is a concentration under the MSc in Economics and Business Administration (EBA)/cand.merc. programme. 
  • The MSc EBA/cand.merc. graduate programme is the natural progression for the following bachelor degrees: HA Almen from CBS, HA i erhvervsøkonomi og projektledelse, HA i Europæisk Business, BSc in International Shipping and Trade from CBS, BSc in International Business from CBS and BSc in Business Administration and Service Management from CBS. 
  • Applicants who do not have one of the above-mentioned bachelor degrees can also be qualified for the programme. Your educational background will be subject to an overall individual assessment and the following specific entry requirements should be met:
  • 45 ECTS-points in the following core academic areas, with a minimum of 5 ECTS-points within each: Microeconomics, Organisation, Marketing, Quantitative Methods/Statistics, Accounting, Finance
  • 45 ECTS-points in Business Administration/Economics

Tuition Fee

To alway see correct tuition fees
  • International

    15200 EUR/year
    Tuition Fee
    Based on the tuition of 15200 EUR per year during 24 months.
  • EU/EEA

    Tuition Fee
    Based on the tuition of 0 EUR per year during 24 months.

Living costs for Copenhagen

7928 - 13456 DKK /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.

Our partners

Economics and Business Administration - Applied Economics and Finance
Copenhagen Business School (CBS)


Go to your profile page to get personalised recommendations!