Top Master's Programs in Economics
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Choosing your master's program is a big decision – with so many courses available, how can you find the right one for you? We're here to help by sharing a selection of great master's programs that you can find on INOMICS.
This article focuses on master's in economics. For students with interest and aptitude in both social sciences and mathematics, economics can be the ideal subject to combine these skills. A master's in economics can be preparation for further academic research, or can be a route into a job either in private industry or in the government.
Department of Economics, Universidad Carlos III de Madrid
The Department of Economics of the Universidad Carlos III de Madrid is one of the cornerstones of economics research in Spain, as demonstrated by its accreditation as a Unidad de Excelencia María de Maeztu, and by its position in international rankings such as the ranking of the European Economic Association, that places it 52 in the world, 9 in Europe and 2 in Spain. The UC3M professional master programs in Economics and in Industrial Economics attract students from around the world, who specialize in topics related to competition policy and regulation of economic sectors such as energy, transportation or telecommunications. Likewise, the quality of the UC3M undergraduate programs in economics and business, taught both in Spanish and in English, attracts the best students around the county, consistently maintaining the 1-2 highest access grades in Spain.
Application Deadline: 31 May 2023
Centro de Estudios Monetarios y Financieros, Madrid
CEMFI is a leading institution in research and graduate education in economics and finance. It was founded by the Bank of Spain in 1987 becoming in 1991 a non-profit foundation.
Taught by internationally-recognized scholars, CEMFI’s Master in Economics and Finance equips students with a solid foundation in Economics and Finance, state of the art quantitative tools, and frontier knowledge in the chosen fields of specialization. Students enjoy an active, cohesive and stimulating academic environment in which to lay the foundations for a productive career. The Master in Economics and Finance is an official two-year degree, with 120 ECTS (complying with the European directives for higher education). The program is divided into coursework, participation in workshops, and the writing of a Master thesis. The Universidad Internacional Menéndez Pelayo awards the official degrees of the CEMFI Graduate Program.
Application Deadline: 31 May 2023
Cerge-EI, Prague, Czech Republic
The MA in Economic Research is a 2-year western-style program designed for students interested in applied economic research and public policy. The aim of this program is to prepare students for their careers in public policy institutions (central banks, ministries, and government advisory bodies), international organizations, think-tanks, and private sector companies. Graduates receive a Czech degree fully accredited by Charles University.
Application Deadline: 31 March 2023 (first round) and 15 August 2023 (second round)
Collegio Carlo Alberto, Turin, Italy
An upper level Master of the University of Torino, Italy. The Master in Finance, Insurance, and Risk Management prepares for a career in highly-skilled jobs in the financial industry. Graduates use their advanced quantitative finance and econometrics skills in asset management, banks, insurers, hedge funds, consulting firms and major corporations. Such skills also open up opportunities in institutions like central banks, regulators, sovereign wealth funds and sovereign organizations. The outstanding academic background provided by the program also allows graduate students fast-track access to PhD programs in finance.
- A selected Faculty from leading universities, alongside the experience of finance and banking professionals.
- Everyday contact with the scholars and researchers of Collegio Carlo Alberto and access to the scientific activities and events hosted at the Collegio.
- Merit-based tuition waivers offered by our sponsors.
- Career days and an outstanding network of our Alumni.
- A New FinTech Sequence, alongside the traditional Quantitative Finance backbone.
- The award of a second level Master in Finance, Insurance, and Risk Management degree from the University of Torino.
- A fast track access to the PhD Program in Finance.
Application deadline: 20 June 2023
Barcelona School of Economics, Barcelona, Spain
The Master’s Degree in Economics and Finance provides an excellent grounding and deep understanding of the field’s foundations, applications, and policies covering theoretical and empirical approaches. It is a one-year master taught entirely in English from a distinguished faculty who are among the best teachers and researchers in their fields. Students will perform technically demanding analyses using powerful analytical and quantitative tools in an intensive and collaborative environment. After graduation, 95% of graduates placed within 6 months and become part of a community with more than 2000 alumni around the world.
Application Deadline: 30 June 2023
University of Neuchâtel, Neuchâtel, Switzerland
Rigorous training in modern economic methods: focus on real-world applications of the economic toolbox, not on technical details. The program is a unique blend of courses taught by academic professors and practitioners, including PhD economists from the World Trade Organization, the Swiss National Bank, the United Nations Conference on Trade and Development, the Swiss Federal Office for Statistics, and the State Secretariat for Economic Affairs (SECO).
Upon graduation, students can request either a Major in Data science or a Major in Environmental and Energy Policy.
Class size is held below 20 students. This favors a profound learning experience and gives participants privileged contacts with instructors. All courses are in English. Tuition fee: CHF 515 per semester for Swiss residents, CHF 790 for non-Swiss residents.
Application Deadline: 30 April 2023
University of St. Gallen, St. Gallen, Switzerland
MEcon at the University of St.Gallen offers a comprehensive education in economics based on the core areas of Macro- and Mircoeconomics as well as Econometrics.
The Master's degree programme in Economics (MEcon) provides in-depth theoretical and empirical knowledge in order to analyse the social and economic challenges of our time. Data analysis has become a central component of developed economies due to the advance of digitalisation. Hence, over recent years processing and analysing Big Data has become increasingly important. MEcon provides you with the necessary tools to analyse economic policy problems using state-of-the-art methods and to develop successful strategies. You will thus be well prepared for responsible positions when you enter the job market.
Applications Deadline: 30 April 2023
With its challenging curriculum, the Master's degree programme in Quantitative Economics and Finance offers high-quality education in economics, econometrics and quantitative methods with a strong focus on finance.
The programme combines in-depth knowledge in the areas of economics and finance with state-of-the-art quantitative methods, which makes it unique in Switzerland. The MiQE/F trains students to analyse and solve challenging problems in economic policy, finance and the world of business. Small class sizes ensure inspiring discussions and close contact to the research-oriented faculty. The MiQE/F is an excellent basis for moving on to responsible positions in the private sector or policy institutions as well as for highly selective Ph.D. programmes worldwide.
Applications Deadline: 30 April 2023
Adam Smith Business School, University of Glasgow, Glasgow, Scotland
Applications are invited for 2023 entry to the combined MRes/ PhD in Economics programme (2+3/4 years full-time) at the Adam Smith Business School, University of Glasgow. Develop your research skills on this prestigious combined MRes/ PhD training scheme in Economics. The full-time research masters will equip you with comprehensive foundational training in modern economics with the option to progress to the PhD following successful completion of the 2 years Economics MRes.
As part of this programme, you will receive extensive training in both quantitative and qualitative research methods, as well as mathematical treatments of the core areas of economics, allowing you to acquire the necessary knowledge and skill for conducting independent research in economics. After year one of this programme, you will have the option to graduate with an MSc in Quantitative Economics or continue to year two of the programme where you will study the specialist fields of applied economics, preparing you for a PhD.
Up to six studentships are available covering tuition fees and a stipend for up to five years (conditional based on performance).
Application deadline: 1 May 2023
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- Study Abroad Article
How To Find The Right Exchange Program
Exchange programs allow students to study at a different institution as part of their degree. Typically, students will use this opportunity to study abroad at a foreign partner of their home institution, though exchange programs can sometimes take place in the same country. Regardless, these programs are a fantastic way for students to broaden their horizons, take specific courses at another institution, and study abroad without committing to living multiple years in another country.
- Study Choices
Which Concentration Should You Choose For Your Master's Degree in Economics?
If you're planning to study economics at a Master's level, then you may have the opportunity to pursue a concentration, sometimes also referred to as a major. While rarer, some PhD programs may also offer concentrations, though many are already specialized degrees (or require you to have your own research agenda).