Master of Science in Economics
Ludwig-Maximilians-University Munich
Program Overview
The Master of Science in Economics programme provides students with analytical and logical problem-solving skills as well as a deepening of their knowledge in economics, introducing them to topics of current research. Master's students are offered rigorous training in applied economics and are prepared for high-profile professional careers. Students choose from a diverse selection of application-oriented courses, in which they may delve into one of the field's many subtopics. An outstanding feature of the programme is the academic excellence of the teaching faculty. A number of internationally-renowned researchers are part of our staff. The curriculum spans the full breadth of theoretical and applied economics. Master's students also benefit from the excellent academic networking opportunities; the department's excellent international reputation has enabled the establishment of partnerships with the visiting student programmes of top universities such as UC Berkeley, Wisconsin-Madison, Maastricht University, University of Copenhagen, and the University of Stockholm. Our close connection with the ifo Institute for Economic Research offers students first-hand experience in applied research and economic policy advising. Additionally, the Centre for Economic Studies (CES) promotes international academic exchange and welcomes more than thirty international researchers each year from all over the world. Committed and talented students also have the opportunity to establish contacts with selected partners in the private and public sectors by participating in our department's support programme ECONnect.
EURFinancials
Financials
INFOIntakes and Duration
Intakes and Duration
Intake Season
Winter (October)
Duration
4 semesters
COCareer Outcomes
Career Outcomes
You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.
EURSalary Outlook
Salary Outlook
Typical range
€45,000 – €75,000 per year
Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.
LANGLanguage & Exams
Language & Exams
Teaching Language
English
Evidence of sufficient knowledge of English is required, which may be proven either by a university degree at an English-language institution of higher education or by a TOEFL score of at least 80 points (iBT) or an academic IELTS score of 6.5 points.
REQRequirements
Requirements
Academic Admission
The entry requirement for the Master of Science in Economics programme is the completion of the Bachelor of Science in Economics programme at Ludwig-Maximilians-University Munich-Maximilians-Universität München or an equivalent qualification and the overall average grade of at least "good" (2.50). Applicants who have graduated with a degree in economics at another university can be admitted into the Master's programme as long as it can be established that this qualification, in terms of content and method, is equivalent to the Bachelor's degree in economics at LMU. A selection committee will determine whether the qualification can be established as being equivalent to a LMU Bachelor's degree in economics on the basis of the provided application documents. If the equivalence of the qualification is unclear (for example, a degree in business administration is not equivalent to our Bachelor's degree in economics) or the GPA is not better than 2.50, the applicant will receive an invitation to the admissions test, which only takes place in Munich. This written test examines whether the applicant's knowledge of microeconomics, macroeconomics, empirical economics, mathematics, and public economics is sufficient for the admission to the Master's programme.
APS Certificate
An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.
IELTS Score
IELTS 6.5 overall
Application Deadline
Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.
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