Economics

The Master's programme in Economics provides students with knowledge of up-to-date economic methods and their application at a high theoretical level. The programme is targeted at students with an interest in obtaining advanced analytical and quantitative training. 120 ECTS points must be earned in total. In the first two semesters, students attend lectures and tutorials in mathematics, advanced microeconomics, advanced macroeconomics and advanced econometrics (30 ECTS). Building upon these basics, students select two specialisations (18 ECTS each) from the modules "Modelling", "International Economics", "Governance", "Health Economics", and "Business Administration", as well as one individual focus area (30 ECTS). For the individual focus area, students can also acquire credits through seminars, an internship, or language courses. Students write a Master's thesis (24 ECTS) in the fourth semester over six months, demonstrating their ability to produce independent scientific work in a specific area of economics.

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.