Economics and Management Science (MEMS)

The Master in Economics and Management Science (MEMS) programme provides students with the knowledge, skills and methods necessary for successful future involvement in the world of international economics and business, both in academia and in the business world. In particular, the international orientation of the programme will give students the understanding necessary for engagement on an international level. Of our past and present students, 85% have an international background, and all students are provided with academic and social mentoring.

The MEMS programme offers the unique opportunity to study the rigorous formal and quantitative methods of economic analysis alongside the practical foundations of finance, management, and banking. The primary emphasis of the programme is on imparting rigorous and quantitative methods of economic analysis and management science, which are applied to specialisations such as advanced macroeconomic theory, game theory, industrial organisation, public economics and macroeconomics, international finance markets, international business management and marketing, as well as the study of quantitative methods in their own right.

The duration of the programme is two years and the principal language of instruction is English. Please note that this is not an MBA programme! The programme is research-oriented and the content of the programme and our expectations of our students are appropriate to the academic demands of a Master of Science qualification.

Our programme is open to students holding any degrees, as long as they possess a strong background in mathematics. If you have taken statistics, calculus, algebra, economics or any other advanced mathematics courses, your profile will suit our programme.

Educational organisation

The programme should be completed, including examinations, within four semesters, provided that the student has a sufficient background in mathematics. It is designed according to the rules of ECTS (European Credit Transfer System), a European standard set up to ensure the smooth transfer of credits earned at different participating colleges and universities throughout Europe.

In order to attain the Master's degree, students must earn a total of 120 credit points, which are subdivided into compulsory and specialisation modules in economics, management science and quantitative methods, complementary courses according to the student's choice, and the Master's thesis. One credit point is usually equivalent to a workload of 30 hours (at the school and at home; one SWS (weekly hour at the school) is usually equivalent to one and a half credit points). It is the responsibility of each individual student to choose courses in order to obtain the necessary number of credit points.

We offer our students the possibility to participate in the double degree with the Higher School of Economics (Moscow).

Study abroad unit(s)

Students can spend one or two semesters abroad over the duration of the programme. German participants in particular are strongly encouraged to spend at least one semester abroad. The School of Business and Economics and Humboldt-Universität have a wide variety of international exchange offers.

The School of Business and Economics also offers an annual summer school which takes place in Havana, Cuba in September every year. In close cooperation with the Universidad de La Habana, the Summer School offers a variety of business, economics, and German cultural courses, which run for a duration of two weeks.

Internships

Internships are not compulsory, but are encouraged, and the MEMS Office offers active support in finding internship positions.

Forms of assessment

Classes are offered in the form of lectures, seminars, and practice sessions on each topic. Assessments can take the form of written exams and individual and/or group presentations as well as submission of papers. At the end of each semester, there are two exam periods for the courses offered. Students may choose any selection of topics in any order, as long as they comply with the requirements of the programme structure and offer sufficient credit points.

Course objectives

MEMS is designed to provide students with the knowledge, skills, and methods necessary for critical and successful future involvement in the world of economics and business, both in academia and in the business world. The international orientation of the programme in particular gives students the understanding necessary for engagement on an international level. In offering this programme, the School of Business and Economics draws on numerous international contacts and offers the valuable knowledge and expertise of the distinguished German and foreign academics who constitute the school's teaching staff.
A fast track option with the Berlin Doctoral Programme in Economics and Management Science (BDPEMS) is possible: https://bdpems.wiwi.hu-berlin.de.

Language requirements

There are no German language requirements for entry into the programme. Students are required to prove their knowledge of English by taking TOEFL (100 points or more), IELTS, or equivalent language tests. The up-to-date language requirements can be found at https://www.wiwi.hu-berlin.de/international/mems/program/apply.

Academic requirements

• Bachelor's degree or a minimum of three years of relevant university education in economics or related fields, such as mathematics, statistics, sociology, political science, engineering or natural sciences, etc.
• TOEFL test 100 points or more or comparable certificate of English language as listed on the website
• GRE General Test
• Two recommendation letters, preferably from previous professors

Further details can be found on the Master's programme website: http://www.mastersprogram.de

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Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Enrolment fees

Approx. 300 EUR each semester (includes public transport costs)

Costs of living

Approx. 850 EUR per month to cover personal expenses

Job opportunities

MEMS Career Service regularly sends e-mails with current student job and internship opportunities to all students. The university offers various student assistant positions.

Arrival support

Every effort is made to ensure the smooth integration of international students into the school, the university and the city. The following activities and facilities are offered to promote this process:

• three introductory weeks to familiarise students with the school and the university
• a visa service offered by the university, which assists students with visa issues after arrival
• introductory courses on econometrics and mathematics
• German language courses offered by the Language Centre at Humboldt-Universität
• social events specially tailored to students in the programme and to other international students at the school
• a scheme of "buddy students", in which each new student is assigned an experienced "buddy student" to help with administrative, academic, and general support issues which may arise during their first year in Berlin

In addition, students have access to the university advisory services, which can help to solve any possible difficulties that may arise.

Services and support for international students

International students are supported by the International Office of the School of Business and Economics and its MEMS team as well as by the International Office of Humboldt-Universität. This support includes social activities during the semester as well as career and academic support. The MEMS office is located at the faculty and has daily office hours.

Accommodation

The MEMS team provides guidelines about accommodation by e-mail prior to arrival in Berlin.