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MSc in Economics
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Today’s economists face globally competitive and increasingly complex environments. Universität Hamburg’s Master of Science in Economics responds effectively to these developments. The program, which is taught entirely in English, attaches great importance to quantitative skills and emphasizes state-of-the-art methods in empirical research. It encourages applied work and relates it to policy and also prepares students for real-world economic situations and challenges.
The program provides solid training in best-practice methods in mainstream economics. Students have the opportunity to undertake optional in-depth studies in areas of particular personal interest, which are designed to facilitate the transition into independent research. This program is designed for students who want to pursue careers in higher education, research, or consultancy on both a national and international level.
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The program is designed for students who have embarked on or intend to embark upon careers in research agencies, consultancy firms, economic advisory services of governments, banks, international agencies, or in higher education and research. Graduates of the master’s program may apply to continue their education at a doctoral level.
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Students who have completed a four-year bachelor’s degree can attend the one-year program (upon approval from the program director). Part-time study is also possible. During the second semester, students may take part in The Scottish Graduate Program in Economics, an international exchange program, at the University of Edinburgh. The program also offers a Dual Degree option with the Department of Economics at the University of Essex.
The two-year program consists of the following components:
- Three compulsory modules in the first semester:
- Advanced Microeconomics
- Advanced Macroeconomics
- Advanced Econometrics
- Ten electives on theoretical and applied economics distributed over the second and third semester. In recent years we have offered courses on the following topics:
Financial economics, development economics, quantitative economic research, game theory, new Keynesian economics, public choice, labor economics, philosophy of economics, real estate and urban economics, environmental and resource economics, history of economic thought, economics of business strategy, behavioral economics, international political economy.
- A master’s thesis, completed during the fourth semester.
- Three compulsory modules in the first semester:
- Individual Decisions, Games and Markets
- Elements of Dynamic Macro Theory
- Time Series Econometrics
- Four electives distributed over the first and second semesters.
- A master’s thesis, completed during the second half of the second semester.
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The Dual Degree Option consists of one year of study in Hamburg and one year of study in Essex. Students of Universität Hamburg can apply for this option during their first year of study in Hamburg.
The abridged, one-year program consists of the following components:
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General admission requirements for all master’s degree programs:
Proof of first degree, language proficiency
Further details ...
Special admission requirements for this degree program:
The prerequisite for admission to the MSc in Economics at Universität Hamburg is a bachelor's degree or equivalent. There are three application categories, each with discrete admission requirements:
- Degree in Economics
- Degree including advanced training in economics
- Degree in mathematics, mathematical economics, statistics or equivalent
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Proof of English language skills is always required.
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