Study program

University

City

Universität Hamburg

Economics

M.Sc. (Master of Science)

Subjects: Economics

M.Sc.

Degree

English only

Language

Winter semester: 31 Mar

Application Deadlines

2 Years (starting: Winter semester)

Duration

Free

Tuition Fees (per semester)

Starting: Winter semester
Mode of admission:: local admission restriction
Application:: directly at the University
Study mode:: On campus

Program Video

Five Reasons to choose this Master's Program

Expand your knowledge of modern economics

Besides the classical macro and microeconomic topics, during this master’s program, you’ll have the opportunity to study and research important current issues, such as behavioral, environmental, empirical labor, and health economics.

Complete a double degree with the University of Essex

You have the opportunity to study for a year in a renowned British university to obtain a second M.Sc. from the University of Essex in one of the following subjects: Economics, Computational Economics, Financial Markets and Policy, Applied Economics and Data Analysis, Money and Banking, Economics and Econometrics, or Behavioral Economics.

Great university and outstanding faculty

Universität Hamburg is one of Germany’s largest and most renowned universities, offering great study and research programs in all arts and sciences. The Department of Business, Economics and Social Sciences, provides a top-class education with sophisticated infrastructure and a multicultural community.

Live and study in a vibrant metropolis

Hamburg is not only Germany's largest port where millions of tons of products are traded every year, but also a major global player of the aerospace industry, and an important economic hub for multinational corporations of the media, insurance, science, and technology sector.

Continue your academic career with a Ph.D.

This master’s program is designed to further expand into various research topics. Take advantage of the department’s experimental laboratory to collect data or develop scientific models that will allow you to continue with doctorate studies and work successfully in the scientific sector.

How do you want to continue?

Go to course website

Course Description

Are you interested in the new findings on behavioral economics and zero-sum game theory applications on individuals and organizations? Or maybe do you want to research more on how new Keynesian economics and health economics could shape the new reality after the global corona crisis? These are just some of the exciting economic topics that you will be able to study and research during the M.Sc. in Economics at Universität Hamburg! This challenging program will give you excellent training in modern economic theories and research and prepare you for a truly successful career in several industries and academia.

Target Groups

Curriculum

Study Mode

Career Prospects

The M.Sc. in Economics is intended for holders of a first bachelor's degree in:

Economics
A related subject, with sufficient advanced training in Economics
Mathematics, Mathematical Economics, Statistics or the equivalent

For those interested in advancing their qualifications and their career opportunities in the field of economics.

Special Program Features

Economics meets development, climate, and health

The department of Economics and Social Sciences (WISO) collaborates and does research with other Departments at the Universität Hamburg, such as the Excellence Cluster “Integrated Climate System Analysis and Prediction”, the Hamburg “Center for Health Economics” or the “German Institute for Global and Area Studies”.

Interdisciplinary cooperation with the program in Politics, Economics and Philosophy (PEP)

Analyse economic issues through different angles and lenses, taking part in the course of the M.Sc. program in Politics, Economics and Philosophy (PEP) from the Universität Hamburg.

Study at the University of Essex to get a Double Degree

The University of Essex ranks among the Top 5 Universities in Social Sciences in Great Britain with students from over 130 countries. In this program, you have the chance to spend one year studying in this outstanding British university to obtain a second master’s degree.

Partner Universities

University of Essex

Essex

City

1 year

Duration

Contact via

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University of Edinburgh

Edinburgh

City

6 months

Duration

Contact via

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Accreditations

HRK Internationalization Audit

The "Internationalization of Higher Education Institutions" audit is part of the German Rectors' Conference (HRK) EXPERTISE Internationalisation project. Since 2009, it has been supporting HRK member universities in strategically aligning their internationalization and anchoring it permanently within the institution.

Family-Friendly Higher Education Audit

The “Family-Friendly Higher Education” audit serves to systematize and develop the existing regulations, activities, and opportunities. It aims to create a reliable framework offering a scope of individual arrangements. Employees and students must be able to achieve a healthy balance between their studies/work and their family commitments, including childcare and care duties.

Diversity Audit

The "Shaping Diversity" audit from the Stifterverband aims to help universities to develop and implement diversity strategies. The Stifterverband is the joint initiative of companies and foundations that provides holistic advice, networking, and support in the fields of education, science, and innovation.

Requirements

Qualification Requirements

The application requirements for the study program in “Economics” are:

Bachelor's (Undergraduate) Degree

Previous bachelor’s degree in:

Economics

A related subject, with sufficient advanced training in Economics*

Mathematics, Mathematical Economics, Statistics or the equivalent**

Min ECTS required:

180 ECTS

* Applicants with advanced training in Economics (i.e., a degree with a strong focus on Economics) must show you have sufficient training in advanced economic analysis.
Your transcript of records must document the following types of courses:

Two lectures in general economics, i.e., basic micro- and macroeconomics,
Three lectures on advanced topics in economics, of which at least one must cover predominantly theoretical and one predominantly applied issues
Three lectures in mathematics, statistics, and econometrics, of which at least one must be in mathematics and one must be in either statistics or econometrics.

In lieu of the three lectures in mathematics, statistics, and econometrics, a GRE revised General Test with at least 155 points in the quantitative section or a GRE Subject Test Mathematics with a score of at least 700 points will fulfill the requirement.

If you have more courses than required (for each area) choose which courses you want to have considered in the selection process. Clearly identify the required lectures on your transcript.

** Applicants with a degree in mathematics, economathematics, statistics, or the equivalent.
If you have completed (or will complete prior to September 30) a degree in one of these fields, you must show sufficient training in advanced mathematics to be admitted. This means your transcript of records must document the following types of courses:

Lectures on Linear Algebra and Analysis
Lectures on Statistics or Econometrics

Alternatively, a GRE revised General Test score of at least 155 points in the quantitative section, or a GRE Subject Test Mathematics score of at least 700 points may be submitted instead of the lectures to meet the requirement.

The program’s regular two-year version has been designed for students whose primary degree consists of three years of studies, equivalent to 180 ECTS credit points. The abbreviated one-year version is open to students who enter the M.Sc. program with a primary degree of 240 ECTS credit points, i.e. four years of studies and an outstanding academic record. It is at the discretion of the program director to decide on students’ suitability for the one-year version.

Notes: A lecture must consist of at least 2 hours per week over the course of one semester. If you have not received your degree certificate yet, you can submit the document by the end of the first semester of your master’s program.

More Info

Language Requirements

The following certificates are recognised as proof of your language proficience.

English

IELTS

min 6.5

TOEFL iBT

min 92

Cambridge

min C1 Advanced (CAE)

Cambridge

min C2 Proficiency (CPE)

Cambridge

min C1 Business Higher (BEC Higher)

TOEFL pBT

min 88

Does the university recognize "other equivalent language certificates"?

no information provided by university

Application & Admission

Application Deadlines

Locked

For Candidates with Previous Degree from

Winter Semester
(starting in October)

Summer Semester
(starting in April)

Germany

Winter semester: -

Summer semester: -

Another EU Country

Winter semester: -

Summer semester: -

Rest of the world

Winter semester: -

Summer semester: -

Applications are open from:

Winter semester:March 15 (German)March 15 (EU)March 15 (Non EU)

Summer semester:

Spring semester:

Application Procedure & Selection

Mode of Admission:

local admission restriction

Admission Test/Interview:

None

Application:

directly at the University

Application Fee:

none

Application Documents

Online Application Form

During the application period, you must complete the application procedure through the online application portal:

More Info

First University-Level Degree Copy

For documents not issued in German or English, a certified translation is required.

English Language Certificate → Language Requirements

Applicants who, at the time of their application, are not able to attest their English language proficiency as listed above, must provide proof of their registration for the next possible test date (e.g., print-out of the online registration). If because of the Coronavirus you are not able to verify your proficiency in the English language or you are not able to register for a test, please upload on our application portal, a document with a statement explaining your problem.

Letter of Motivation

In English and with 500 words maximum.

Letter of Recommendation

From a university lecturer in your primary degree program. The lecturer must hold a Ph.D. and must be employed full-time at an institute of higher education. Please note that we do not usually accept references from postdocs/research fellows. If in doubt, please contact: [email protected] There are two possible ways to submit the letters of recommendation. Either students upload the letters of recommendation as part of their application documents or it can be submitted confidentially on the webpage below.

If because of the Coronavirus you were not able to get in touch with a lecturer regarding a letter of recommendation, please upload on our application portal a document with a statement explaining your problem.

More Info

Graduate Record Examination (GRE)

Only if applicable.