QEM — Models and Methods of Quantitative Economics

The Master's Degree in Models and Methods of Quantitative Economics offered by the Autonomous University of Barcelona is a comprehensive programme designed to equip students with advanced analytical tools and rigorous methodological skills necessary to excel in the field of economics. This programme provides a thorough understanding of theoretical economic modeling, quantitative techniques, and computational methods that are essential for tackling complex economic problems in various sectors such as finance, policy analysis, and research. Students will engage with a wide range of topics including microeconometrics, macroeconomic modeling, financial econometrics, optimization, and data analysis, all taught by expert faculty with substantial research experience.

The curriculum emphasizes the development of practical skills through the use of real-world data and software applications commonly used in economic research. Students will learn how to construct and estimate economic models, interpret empirical results, and apply these models to analyze economic phenomena. The programme also offers specialized courses in areas such as game theory, time series analysis, and machine learning techniques, enabling graduates to adapt to the evolving demands of economic analysis and policy formulation.

One of the key strengths of this master's programme is its strong research orientation, encouraging students to undertake original projects and theses that contribute to current economic debates. The programme prepares graduates for careers in academia, government institutions, international organizations, financial sector, and consulting firms, where advanced quantitative and modeling skills are highly valued. Additionally, the degree provides a solid foundation for those wishing to pursue doctoral studies in economics or related fields.

Throughout the course, students benefit from a multidisciplinary approach, integrating insights from mathematics, statistics, and computer science to enhance their analytical capabilities. The university’s state-of-the-art facilities and collaborative environment foster an engaging learning experience, while partnerships with industries and research centers open pathways for internships and professional development. Graduates of this programme leave equipped with the technical proficiency and critical thinking necessary to address contemporary economic challenges with confidence and expertise.

The "Models and Methods of Quantitative Economics" (QEM) program at the Autonomous University of Barcelona offers an in-depth exploration of advanced quantitative techniques and modeling strategies essential for understanding complex economic phenomena. Designed for students seeking to develop robust analytical skills, the program provides comprehensive training in mathematical modeling, econometrics, computational methods, and statistical analysis. Through a combination of theoretical foundations and practical applications, participants learn to formulate, analyze, and interpret economic models using modern quantitative tools. The curriculum covers a wide range of topics, including dynamic programming, optimization methods, time series analysis, and data-driven decision-making processes, all tailored to address real-world economic challenges. Students have opportunities to work on empirical research projects, utilize specialized software, and engage with data analysis techniques critical for careers in academia, finance, policy-making, and research institutions. The program emphasizes an interdisciplinary approach, integrating mathematical rigor with economic theory to enable nuanced understanding and innovative solutions. Courses are taught by experienced faculty members who are experts in their fields, providing mentorship and fostering a collaborative learning environment. Graduates of the QEM program are equipped with the skills necessary to perform sophisticated economic analysis, conduct empirical research, and contribute to policy development with a strong quantitative foundation. Overall, the program aims to prepare students to excel in roles that require analytical precision and methodological expertise, aligning academic knowledge with practical application in the dynamic field of economics.

The "QEM — Models and Methods of Quantitative Economics" programme at the Autonomous University of Barcelona requires prospective students to hold a bachelor's degree in economics, mathematics, or related fields. Applicants are expected to demonstrate a strong foundation in mathematical and statistical methods, as well as basic knowledge of economic theory. Proficiency in calculus, linear algebra, probability, and programming languages such as R or Python is highly recommended. The programme emphasizes analytical skills and quantitative reasoning, so prior experience with econometrics, data analysis, and computational tools is advantageous.

Admission may also involve the submission of academic transcripts, curriculum vitae, and a statement of purpose outlining the applicant's interest in quantitative economics and career goals. Some applicants might be asked to provide letters of recommendation from previous professors or employers who can attest to their analytical abilities and motivation. English language proficiency is typically required, with accepted tests including TOEFL or IELTS scores, unless the applicant's previous education was conducted in English.

The curriculum includes compulsory courses in advanced microeconomics, macroeconomics, econometrics, and mathematical methods designed to equip students with rigorous analytical and modeling skills. Electives may cover topics such as financial economics, development economics, and computational economics. To complete the programme, students are usually required to undertake a research project or thesis that demonstrates their ability to apply quantitative methods to real-world economic problems.

Students should also meet the programme's graduation criteria, which often include maintaining a minimum grade point average, completing all required courses, and submitting a final thesis. The programme may have specific prerequisites or co-requisites for certain advanced courses, and students are encouraged to consult the official course catalog for detailed programme structures and requirements. Overall, admission to and successful completion of the programme demand a strong quantitative background and a keen interest in economic modeling and empirical analysis.

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.

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Funding for the QEM — Models and Methods of Quantitative Economics program at Autonomous University of Barcelona is primarily obtained through a combination of university scholarships, government grants, and external funding sources. The university offers various scholarships and financial aid options to support students financially throughout their studies. These scholarships are often based on academic merit, financial need, or specific criteria such as nationality or demographic background. Additionally, students may have the opportunity to apply for Erasmus+ mobility grants or other European programs that support international study exchanges, which can offset costs associated with studying abroad or participating in international projects within the program.

Besides institutional scholarships, there are sponsorship opportunities from private corporations and industry partners involved in the field of economics and quantitative methods. These partnerships might include funding for research projects, internships, or specialized training modules, providing students with both financial support and practical experience that enhances their employability after graduation.

Funding may also be available through government programs aimed at promoting higher education and research in Spain. The Spanish Ministry of Education and local Catalan authorities sometimes provide grants or subsidized loans for graduate students, especially those pursuing programs aligned with national strategic priorities such as economic development, innovation, and data analysis.

Students enrolled in the program can also benefit from student loan programs, which are administered through Spanish financial institutions, offering favorable repayment terms for graduates. The university’s ecosystem encourages applicants to explore multiple avenues of financial support early in their academic planning process to ensure comprehensive coverage of tuition fees, living expenses, and other associated costs.

International students, in particular, are advised to seek external funding sources, including scholarships offered by their home countries or international organizations. Some EU-funded programs support international students pursuing master's degrees in economics and quantitative methods, providing additional financial assistance.

Overall, the financial landscape for students in the QEM program is diverse, combining institutional scholarships, governmental funding, industry sponsorships, and external grants to facilitate access to quality higher education. Prospective students are encouraged to consult the Autonomous University of Barcelona’s scholarship office and official websites for detailed and updated information regarding available funding options, application procedures, and eligibility criteria.

The Master’s Degree in Models and Methods of Quantitative Economics (QEM) at the Autonomous University of Barcelona (Universitat Autònoma de Barcelona, UAB) is a specialized postgraduate program designed to equip students with advanced skills in economic modeling, quantitative analysis, and the application of mathematical and computational techniques to economic problems. The program aims to prepare graduates for careers in research, consulting, and policy analysis, where rigorous quantitative methods are essential for decision-making and strategic planning in diverse sectors such as finance, government, international organizations, and academia.

The curriculum of QEM covers a broad spectrum of topics, including microeconometrics, macroeconomic modeling, game theory, optimization, and stochastic processes. Students engage with both theoretical foundations and practical applications, often involving extensive use of statistical software and programming languages such as R, Python, and MATLAB. This blend of theory and practice ensures that graduates are well-versed in the quantitative tools necessary for empirical research and data-driven decision support.

The program is typically structured to foster a strong analytical mindset, emphasizing problem-solving skills and the ability to interpret complex data sets. It also encourages interdisciplinary approaches by integrating insights from related fields such as operations research, computational science, and data science. Internationalization is a core aspect of the program, with courses often taught in English and opportunities for mobility within European university networks through Erasmus+ exchanges.

Students enrolled in the QEM program benefit from the university’s robust research environment and close connections with leading economic research centers. Faculty members are active researchers whose work impacts policy and academic debates globally. The program often features seminars, workshops, and guest lectures from prominent economists and industry experts, enriching the learning experience and providing networking opportunities.

Graduates of the QEM program are equipped to undertake doctoral studies or enter the workforce in roles that demand high-level quantitative expertise. They can work as economic analysts, quantitative researchers, data scientists, or econometricians in both the public and private sectors. Given the increasing importance of data-driven decision-making in economics and related disciplines, the demand for specialists with advanced modeling skills continues to grow.

The Autonomous University of Barcelona, as a prestigious institution, ensures that its programs are aligned with current academic standards and societal needs. The QEM program specifically adapts to the evolving landscape of economic research and practice, maintaining a curriculum that balances foundational theory with emerging methodologies in the field of quantitative economics. This comprehensive approach prepares students not only for immediate employment but also for lifelong learning and adaptation in a rapidly changing economic environment.