Master in Economics (M.Sc.)


University of Mannheim

Baden-wurttemberg, Germany

About Course

Key information
: 2 Year
Study Type
: Full Time
Tuition fees
: 3,000 EUR / Per Year
Exam Accepted
: IELTS 6.0/9 | TOEFL 80/120 | TOEFL Accepted
Exam Intake
: Sep
Conditional Scholarship
: NA
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  • The master's program in Economics is taught completely in English. It is guided by a qualitative approach and based on mathematical key principles. Methodical as well as theoretical specialist knowledge is imparted in three specializations in the advanced phase which are structured differently in terms of content and structure. The program is therefore aimed both at those who are interested in a career in business and those who wish to embark on an academic career.
  • Economists may be employed wherever an understanding of economic issues is required. 

    Depending on their specialization, they can work, for example, in ministries and international organizations, in politics, or in the banking and insurance sectors. Administrative departments at federal, state and community institutions, the European Central Bank, the Bundesbank, the Federal Statistical Office, and treasuries and associations are some of the most important employers for economists. In addition, it is possible to work in business consulting or business journalism.

    Economists can also pursue a career in academia either in Germany or abroad.

  • Students of the master’s program in Economics should:

  • be interested in economic issues and scientific research,
  • have a solid basic knowledge of mathematics, macro- and microeconomics, econometrics and statistics,
  • be not afraid of in-depth study of models, theories, data sets and statistical software,
  • be capable of abstract thinking, have sound analytical skills and the ability to reason,
  • be able to write and speak clearly.

Entry Requirement

  • Applicant must have a bachelor degree.

Application Process

  • In light of the current coronavirus situation, we have to change the application process for several programs. As soon as we can provide you with new information, we will publish them in our brochure Application for Master's Programs.

    Here you will find the selection statutes.



    Applicants need to have a bachelor's degree in Economics or an equivalent bachelor's degree corresponding to at least 180 ECTS credits or having a standard period of study of at least 6 semesters. At the time of applying, the final grade of the bachelor's degree or the current grade average of the coursework and examinations completed shall be 2.5 or better (German grading system). Degrees from neighboring fields such as Business Administration, Social Sciences, Political Science or Mathematics can only be recognized as equivalent by the admissions committee if the following minimum requirements are fulfilled:

  • At least 60 ECTS credits (or equivalent) were obtained in courses related to economics, finance, mathematics, or statistics,
  • and introductory modules in the following fields of economics have been successfully attended: macroeconomics, microeconomics, and econometrics.


    We take a variety of criteria into account in our selection process:

  • bachelor grade,
  • rating of the academic essay.
  • rating of the motivation letter.

    Language requirements
    You must be proficient in English. We accept the following as proof of language proficiency:

  • a higher education entrance qualification from a school with English as the language of instruction after at least two years of school,
  • the successful completion of a program of study where English is the language of instruction for at least a quarter of the courses,
  • a certificate of the Test of English as a Foreign Language Internet Based Test (TOEFL iBT) with a score of at least 72 points,
  • a certificate of the International English Language Testing System – Academic Test (IELTS) with an overall band score of at least 6.0, 
  • a First Certificate in English (FCE) with grade C or better,
  • a Certificate in Advanced English (CAE),
  • a Certificate of Proficiency in English (CPE).

    Selection statutes
    You can find the exact requirements for the program in the selection statutes, which are only available in German.

University of Mannheim

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