Philosophy and Economics

The Bachelor's Degree Programme in Philosophy and Economics at the University of Bayreuth offers students a comprehensive interdisciplinary education that combines fundamental philosophical theories and methods with essential economic concepts and analytical tools. This innovative programme is designed to equip students with a critical understanding of moral, political, and economic issues, fostering the ability to analyze complex societal challenges from multiple perspectives. Throughout the course of studies, students explore a diverse range of topics, including ethical theories, decision-making processes, economic models, and philosophical arguments concerning justice, freedom, and responsibility. The curriculum emphasizes critical thinking, logical reasoning, and effective communication skills, preparing graduates for a wide array of professions in academia, public policy, business, and civil society.

The programme features a balanced blend of lectures, seminars, and practical projects, encouraging active participation and debate. Students gain proficiency in quantitative and qualitative research methods, data analysis, and the use of contemporary digital tools relevant to both philosophy and economics. The interdisciplinary approach enables students to understand the interconnectedness of moral values and economic policies, fostering a nuanced perspective on contemporary issues such as sustainability, inequality, and technological advancement. The university's vibrant academic environment, complemented by opportunities for internships, study exchanges, and research projects, provides students with valuable real-world insights and networking opportunities. Graduates of this programme are well-equipped to pursue advanced studies or careers in areas such as policy analysis, international organizations, consulting, academia, or private sector enterprises that require a sophisticated understanding of ethical and economic considerations. Ultimately, the Philosophy and Economics degree at the University of Bayreuth aims to cultivate thoughtful, analytical, and socially responsible individuals capable of contributing meaningfully to society’s complex moral and economic landscape.

Educational organisation

The Bayreuth Master's programme builds on more than a decade of experience in our very successful Bachelor's degree programme. The Master's programme is based on a set of core courses in both disciplines, an integrative seminar, and a wide range of electives which allow students to specialise according to their interests and aptitudes. We see both economics and philosophy and their integration as methods for analysing allocation, distributive, and institutional mechanisms and problems. All members of the teaching staff have established interdisciplinary backgrounds.

Compulsory courses (56 ECTS)
Economics

• Microeconomics (semester two)
• Macroeconomics (semester one)
• Empirical Economic Research (semester one)

Philosophy

• Ethics (semester one)
• Political Philosophy (semester two)
• Philosophy of the Social Sciences (semester one)

Integrative Seminar

• Inter-departmental Philosophy & Economics Seminar (semester three)

Electives (30 ECTS)
You must take five electives (6 ECTS each) from any of the advanced courses on offer in the Departments of Philosophy and Economics, or related disciplines (semesters two and three).

Thesis (30 ECTS)

• You must write a Master's thesis in your fourth semester.
• Thesis workshop (to take place prior to commencement of your thesis research)

Research Seminar (four ECTS)
You must attend at least two series of weekly research seminars from either department.

Forms of assessment

Written as well as oral exams are possible (48 ECTS), seminar papers (38 ECTS) and thesis (30 ECTS).

Course objectives

The MA Programme in Philosophy & Economics is organised and taught by both the departments of philosophy and economics. It is a unique two-year course of studies offering a rigorous and demanding graduate level education in core areas of economics and core areas of philosophy especially relevant to economics. The programme is targeted at students with an interest in obtaining an advanced analytical and quantitative training as a foundation for pursuing research-based careers in academia, public service, and business.
We see both economics and philosophy and their integration as methods for analysing allocation as well as distributive and institutional mechanisms in a world that is in need of new global governance structures. Chief among these are pressing foundational and practical questions: What are the dimensions of equality? Does globalisation threaten social solidarity? How should we regulate migration flows? Is the international organisation of labour necessary for achieving social justice? What are the economic and moral challenges that regional trade agreements create for the WTO? What is a fair allocation of voting power in the EU? What is the best way to organise deliberation? Who bears responsibility for climate change? Should executive salaries and bonuses be capped? How do we encourage corporate social responsibility? The Bayreuth P&E Programme is the advanced degree for the national and international public policy analyst, the public servant, and the concerned business professional. Our MA Programme is for the serious intellectual who wants a rigorous training that will cut across disciplines, who wants to innovate and engage with the world. It is an advanced training in the concepts and methods of social and economic justice and is a real alternative to the standard types of Master's programmes in economics, philosophy, political science, or business and management studies.

Language requirements

Proof of excellent knowledge of English in the form of two samples of written academic work of 2,000 to 2,500 words

Academic requirements

Applicants should have a background in philosophy & economics, economics, or a related discipline with an economics component (e.g. business/management, political science). You require at least a Bachelor's grade point average of 2.3 according to the German grading scale. You must also have an excellent command of written and spoken English. If you are unsure whether you qualify, do not hesitate to contact us. We are open to talented and dedicated applicants who want to enter the field. You will need to provide two letters of reference from academic referees.

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.