The Master of Science in Economics (MSE) is a modern, internationally oriented master's degree programme that provides students with a profound knowledge of economics. It is aimed at students with a strong interest in economics who are also interested in performing independent scientific work. Students of this Master's programme gain a professional qualification as an economist and also acquire the skills required for pursuing doctoral studies. Small groups of students enable lively discussions about economics with professors and researchers in lectures and seminars. Moreover, students can gain insights into the research work at the School through our mentoring programme, which connects students with early-career researchers at the School of Business and Economics.
MSE students can learn about future career opportunities in research or with companies by participating in economics-related field trips. The field trips take place every year during the winter semester. Students visit a variety of different institutions and firms, providing them with the chance to learn about job opportunities for economists and the work of professionals in practice. Furthermore, the School offers a placement programme for internships with renowned companies, economic research centres or other (inter)national institutions (e.g. ZEW, DIW, IAB, Bundesbank, GiZ, GfK, ILO, EBRD). Participating students are credited with 5 ECTS.
We encourage and support students who want to study abroad for up to two semesters at a partner university by offering flexible accreditation of foreign study credits. The MSE can be studied fully in English; no advanced knowledge of German is required to complete the degree programme. The language of instruction for core subjects is English. Elective modules are taught in both English and German.
Applicants should have an Bachelor's degree in economics, mathematics, social sciences, engineering or related disciplines.
The programme consists of four semesters with a total of 120 ECTS. In the first semester students are given a basic grounding in economics with 6 compulsory modules taught in English. In the second and third semester students specialise by selecting individual options from a broad range of subjects. Students must choose 12 modules, including at least 10 elective economics modules within the five specialisation fields: Labour Economics, Macroeconomics and Finance, Public Economics, Energy Markets and Health Economics.
Students are also able to choose up to 2 modules from the overall faculty programme (e.g. languages, Business Administration). The fourth semester is dedicated to the Master's thesis. For an overview of the modules in each specialisation field and more detailed information on the structure of the MSE, visit our website: www.dmse.rw.fau.de.
Lack of skills in economic theory and quantitative methods.
Applicants should have an academic degree (with above-average grades) in economics, mathematics, social sciences, engineering or related disciplines. A selection committee decides on suitability for admission by considering the following criteria: First, applicants are evaluated with respect to their academic performance (Bachelor's degree) as well as their qualifications, knowledge and skills in the field of economics (quantity and quality of modules with economic and quantitative content). Second, further accomplishments and qualifications (e.g. internships, language skills and international experience) are taken into account. Candidates whose qualifications cannot be clearly established will be invited to an interview to assess their field-specific aptitude.
The required documents for application include:
- Curriculum vitae (table format)
- University entrance qualification (e.g. Abitur)
- University degree and average grade (for candidates who have not completed their Bachelor studies at the time of application a minimum of 135 ECTS are required)
- Evidence of sufficient English proficiency equivalent to at least level B2 of the CEFR
- Proof of internships and semester abroad, if applicable transcript of records
Start date of degree programme: Winter Term
The FAU website provides an overview of the current application deadlines as well as information on the selection process and how to apply.
Degree type: Master of Science (MSc)
Type of study: Master
Standard duration of study: 4 Semester
Start date of degree programme: Winter Term
Language: English, German
Admission: No Admissions Restrictions
Early entrance programme: no
Part-time study: no
Faculty: Faculty of Business, Economics, and Law