Neuroeconomics

The Master of Science in Neuroeconomics at the University of Zurich offers a unique interdisciplinary education that combines insights from neuroscience, economics, psychology, and decision theory to understand how humans make economic and social decisions. This innovative program is designed for students interested in exploring the biological underpinnings of decision-making processes and applying this knowledge to various fields such as finance, marketing, public policy, and behavioral sciences. Throughout the program, students will engage with cutting-edge research methods, including neuroimaging techniques, behavioral experiments, and computational modeling, to investigate the neural mechanisms that influence economic behavior. The curriculum covers core topics such as cognitive neuroscience, behavioral economics, neuropsychology, and data analysis, providing a comprehensive foundation in both theoretical concepts and practical skills. Students will have the opportunity to work on research projects, collaborate with faculty involved in pioneering research, and participate in seminars and workshops that foster critical thinking and innovation. The program aims to prepare graduates for careers in academia, research institutions, and industry sectors that benefit from a deep understanding of decision-making processes at the neural level. With a strong emphasis on empirical approaches and interdisciplinary collaboration, the MSc in Neuroeconomics at the University of Zurich equips students with the tools to contribute to advancing knowledge in this rapidly evolving field. The program also encourages international exchange and networking, and students become part of a vibrant academic community dedicated to exploring the complex interactions between brain, behavior, and economic decision-making. Graduates of this program will be well-positioned to pursue doctoral studies or attend specialized training programs, and to apply their expertise in practical settings that demand insights into human choice behavior.

During In the first two years of the PhD students attend compulsory modules in Neuroeconomics, Experimental and Behavioral Economics where they become familiar with conceptual principles and current research topics and methodologies. In addition to the compulsory modules, the core elective courses should be taken during the first two terms of study. By the end of the second year, students should have a clear design for their own research project proposal. This proposal is expected to serve as a basis for the original research that will become the PhD thesis.

A wide range of elective courses on research methods and seminars complete the training and can be taken at any time that is convenient during the PhD studies. Finally, weekly research seminars with guest speakers and lectures at other departments of the University of Zurich supplement the course offerings.

Compulsory modules (year 1)

Core electives (years 1-2)

Elective courses on research methods

• a curriculum vitae
• copies of university diplomas, transcripts of academic records and/or other academic documents (documents in English, German, or French require no translation; documents in Dutch, Flemish, Italian, Danish, Norwegian, Swedish, Portuguese, or Spanish must be translated into English or German; documents in any other language must be translated into English or German and certified for official use)
• an explanation of how exams are graded at the universities you attended
• a key to the grades used on transcripts produced by the universities you attended
• GRE General Test results (if available)
• a Statement of Purpose concerning your plans for doctoral studies and career objectives. The statement should be written in English and should not exceed 1,500 words.
• one copy (not in triplicate) of an advanced essay concerning a neuroeconomics topic (if available)
• two letters of recommendation, either in sealed/signed envelopes in the application package or sent by the referees directly to us at the address below
• evidence of proficiency in English (if no official evidence is available, you should ask at least one referee to elaborate on your ability to understand, communicate, and write in English)
• if you have already received funding for your doctoral studies: a copy of the funding approval

The Neuroeconomics master's program at the University of Zurich offers a range of financing options to support students during their studies. Tuition fees for the program are generally structured to be affordable for both Swiss and international students, with the exact amount depending on the student's residence status and specific circumstances. For Swiss residents, tuition fees are typically around CHF 1,000 per semester, whereas international students may pay approximately CHF 1,500 to CHF 2,000 per semester. Additional costs such as administrative fees, student contributions, and health insurance are also applicable and should be factored into the overall budget.

Students are encouraged to explore various funding sources, including scholarships, grants, and financial aid programs offered by the university and external entities. The University of Zurich provides limited merit-based scholarships for outstanding students; applicants are advised to review the scholarship opportunities early in their application process and meet specific eligibility criteria. External funding options such as government grants, private scholarships, and international student funding programs are also available, often requiring individual application processes well in advance of the program start date.

Part-time employment is a common way for students to finance their studies. The university's location in Zurich, a major financial and economic hub, provides numerous opportunities for internships and part-time work, particularly in the fields of neuroscience, economics, and psychology. International students should be aware of visa regulations relating to employment rights in Switzerland, which typically allow part-time work up to a certain number of hours per week during the academic session.

Students are also advised to budget for living expenses, which include accommodation, transportation, food, books, and personal costs. Zurich is known for its high quality of life but also has a relatively high cost of living, with average monthly expenses estimated at around CHF 2,000 to CHF 2,500 for students. Securing affordable housing can be challenging, but the university offers resources and assistance through its student services to help find suitable accommodations.

Overall, financing the Neuroeconomics master's program requires planning and awareness of the variety of available funding options. Prospective students should thoroughly research scholarship opportunities, consider part-time work, and plan their personal budgets to ensure a smooth academic experience. The university's financial aid office provides guidance and support for students seeking funding, helping to make graduate studies accessible to talented individuals from diverse backgrounds.

Expenses

Living expenses depend very much on the individual student. These figures should therefore be regarded as a guideline only (in CHF): 

The expected minimum cost of living for students therefore comes to a total of CHF 1,750 per month.