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Master of Science in Economics

School of Business and Economics

School of Business and Economics
Image Credit: Svenja Miltner & Tom Günther

The Master of Science in Economics offers a comprehensive and internationally competitive program in the fields of microeconomics, macroeconomics, public economics, and economic policy as well as quantitative methods. Throughout this program students acquire key skills and qualifications and learn methods that will enable them to work and communicate independently, to critically assess economic findings and to act responsibly. Graduates will be qualified to conduct their own research in certain fields and to develop suitable solutions for complex real-life economic problems.

In addition, the program provides an excellent preparation for a Ph.D. program in economics.

The theoretical and empirical topics of this four-semester program are very demanding. The compulsory Core Area is based on a sound methodological understanding of microeconomics, macroeconomics and econometrics. Having these skills already at the start of the studies is therefore an essential requirement in order to complete the program successfully.

After completing the Core Area, students can specialize in various policy fields or intensify their studies in certain economic fields by choosing elective courses from three fields, namely Economic Theory, Economic Policy and Quantitative Methods. One module needs to be chosen from each field of specialization – the remainder may be chosen according to personal interest and can also include studies abroad.

By choosing two modules from the area of Advanced Studies, students have the opportunity to analyze politically and economically relevant topics by writing seminar papers. This will serve as good preparation for the final Master Thesis.

Graduates of the master’s program are particularly well qualified for a leading, planning, analyzing, or consulting profession in sectors related to economics, including national and international organizations, companies, public administrations, associations, chambers, universities and other scientific institutions.

The Master of Science in Economics is aimed at highly motivated students who are interested in an in-depth scientific training in the economic methods of economic policy and economic theory. 

We are looking forward to receiving your application!