Economics

Economics at the University of Bayreuth offers a comprehensive and future-oriented education in the fundamental principles and applied aspects of economic theory. This bachelor's degree program is designed to equip students with a strong analytical foundation, critical thinking skills, and practical knowledge necessary to understand and address complex economic challenges in a globalized world. During the course of study, students explore a wide range of topics including microeconomics, macroeconomics, econometrics, development economics, environmental economics, and international economics. The program emphasizes not only theoretical understanding but also practical application through case studies, data analysis, and interdisciplinary projects. Students learn to interpret economic data, formulate policy recommendations, and develop innovative solutions for economic issues faced by individuals, businesses, and governments.

The curriculum is structured to promote problem-solving skills, quantitative analysis, and research competencies. Students have the opportunity to choose specialized electives in areas such as behavioral economics, financial economics, or public economics, allowing for tailored academic paths aligned with personal interests and career goals. The program also promotes a global perspective by integrating international case studies and fostering intercultural understanding, preparing graduates for careers in diverse sectors such as finance, consulting, government, research, and international organizations.

Furthermore, the University of Bayreuth places a strong emphasis on research and practical experience. Students are encouraged to participate in seminars, workshops, and internships that enhance their professional and personal development. The program prepares graduates for the demands of the modern job market by fostering strong communication, teamwork, and problem-solving skills, all within a supportive academic environment that encourages innovation and critical inquiry. Upon completion, students will possess a solid foundation in economics, the ability to analyze complex problems, and the skills necessary for pursuing advanced studies or embarking on professional careers in various economic fields.

Educational organisation

Students first attend lectures and tutorials in "Intermediate Mathematics for Economics and Management", "Advanced Econometrics I", "Advanced Microeconomics I" and "Advanced Macroeconomics I". They then choose two areas of specialisation. The "Modelling" specialisation allows for a deepening of knowledge in core topics of econometrics, microeconomics and macroeconomics. The "International Economics" specialisation focuses on theory and empiricism of international trade, money and currency policy, and international labour markets. The "Governance" specialisation considers a range of topics in governance, competition and social development, economic policy and public finance. Further specialisation options are "Health Economics" and "Business Administration". Moreover, students choose an individual focus area, and write a six-month thesis.

Course objectives

Students in the Master's programme in Economics acquire a research-oriented education. Through its primary use of the English language, the Master's programme provides excellent preparation for an internationally oriented professional and/or research career in the field of economics. Typical professions for economists include work in international organisations, governmental organisations, research institutes and universities, in consultancy firms and business management, at banks and insurance companies and in the media.

Language requirements

Applicants must prove that their English language skills meet at least level B2 according to the Common European Framework of Reference for Languages (CEFR). TOEFL and IELTS results are also accepted. Applicants do not need to provide proof of their German skills.

Academic requirements

• Bachelor's degree (or equivalent) with combined credits in microeconomics, macroeconomics, econometrics, statistics, and mathematics corresponding to those required in the Bachelor's programme in Economics at University of Bayreuth
• GRE General Test Scores for applicants holding degrees from universities outside the European Union

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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

Social fee: approx. 65 EUR per semester

Costs of living

Approx. 750 EUR per month to cover personal expenses

Job opportunities

Due to the intensive nature of the programme, students will have only limited time for part-time jobs.

Funding opportunities within the university

Students coming to Bayreuth from a partner university may have the opportunity to receive some financial support from the University of Bayreuth.
http://www.international-office.uni-bayreuth.de/en/05_Grants/index.html

Arrival support

The International Office with its Service for International Students (SIS) assists students before and upon arrival (mailing of information, pick-up service from the station). It offers assistance in all administrative matters including registration and enrolment.

Services and support for international students

The International Office with its Service for International Students (SIS) offers administrative, academic, and social support before and during the semester.

Accommodation

The International Office offers assistance in finding accommodation in a student residence (rent approx. 120 EUR to 200 EUR per month) or private accommodation (250 EUR to 400 EUR).
However, a search on the private market as a backup is advisable. You can find links to the private market on our website.