International Programmes 2022/2023

Economics Economics

University of Bayreuth • Bayreuth

Master of Science in Economics
Teaching language
  • English

All compulsory courses and a vast majority of elective courses are taught only in English. Some electives (especially in the health economics or business administration specialisations) are taught in German.

Full-time / part-time
  • full-time
Programme duration
4 semesters
Winter and summer semester
Application deadline

Non-EU applicants: 1 June for the following winter semester; 1 December for the following summer semester

EU applicants: 1 September for the following winter semester; 1 March for the following summer semester

Tuition fees per semester in EUR
Combined Master's degree / PhD programme
Joint degree / double degree programme

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.

Course 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.

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A Diploma supplement will be issued
International elements
  • International guest lecturers
  • Projects with partners in Germany and abroad
Integrated internships

Students may obtain 6 or 12 ECTS credits by doing an optional internship of six to twelve weeks complementing their academic specialisation.

Course-specific, integrated German language courses
Course-specific, integrated English language courses
Tuition fees per semester in EUR
Semester contribution

In Germany, students at all higher education institutions pay a semester contribution. This payment (University of Bayreuth: 116.03 EUR per semester) has nothing to do with tuition fees; rather, it covers your contributions to student services and the student government. At the University of Bayreuth (which combines the campus in Bayreuth and our Faculty VII located in Kulmbach), it includes a "semester ticket" that allows you to use public transport in the region.

Costs of living

The cost of living in Germany, e.g. accommodation, food, clothing and recreational activities, is about average compared to other European countries. Living expenses are significantly lower than in countries like Denmark, Luxembourg or Switzerland, but they are rather high compared to countries like Poland, the Czech Republic or Italy. Compared to other large German cities, such as Munich, Berlin or Hamburg, Bayreuth's low cost of living and affordable housing make the city and the region particularly attractive to young people and families. The DAAD website will tell you what living expenses to expect in Germany:

Funding opportunities within the university
Academic admission 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 in the top quartile for applicants holding degrees from universities outside the European Union
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 Level B2, IELTS Band 7.0, TOEFL iBT 90, or TOEFL PBT 575; no CET). Applicants must provide proof of basic German language skills (CEFR Level A1) within one year after enrolment.

Application deadline

Non-EU applicants: 1 June for the following winter semester; 1 December for the following summer semester

EU applicants: 1 September for the following winter semester; 1 March for the following summer semester

Submit application to

Possibility of finding part-time employment

There are many ways for international students to earn money while they study, but there are some restrictions. For more detailed information, please visit the DAAD website.

The University of Bayreuth’s Career Services team provides a central interface between student and professional life. The team offers guidance and support to students of all subjects with regard to starting their careers.

For information regarding the Corona virus, please visit our website and also see


Accommodation for students
Bayreuth and Kulmbach have a number of student dormitories (both private dormitories and dormitories offered by the Association for Student Affairs) and a vast array of private rooms available. Under no circumstances should you assume that you will be assigned a room in the student dormitories! You will need to actively search for a room on your own – either in a private dormitory or on the private market.

More information regarding accommodation for students is available here: Please also read the DAAD’s information.

Accommodation for international guests
All other international guests are requested to register via the Welcome Services Database (WelSe).

Accommodation for short visits
For short visits, we recommend searching for accommodation on Airbnb. In addition, a limited number of apartments are available in the Alexander von Humboldt Guest House.

University of Bayreuth

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The University of Bayreuth is one of the most successful young universities in Germany. © University of Bayreuth

International, innovative, and interdisciplinary in research and teaching

Top-notch research, state-of-the-art teaching methods, international influences, diversity, and a springboard to a successful career – these are all things the University of Bayreuth stands for.

The University of Bayreuth is a dynamic campus university with currently about 13,000 students. Beyond the interdisciplinary research focus and excellence in teaching, the university has a clear vision of social responsibility and entrepreneurship. In the middle of Kulmbach, our new satellite campus unites the perspectives of natural science, economics, law, social sciences, and behavioural science in one place in a way that has not yet been seen in Germany.

We have a close network of strategically selected, international research partners, and we have strategic partnerships with universities around the globe. A wide range of innovative BA, MA and PhD programmes as well as our international summer schools are conducted in English. There are presently around 1,770 international students from more than 100 countries on the Bayreuth and Kulmbach campuses. Focus areas in research include Nonlinear Dynamics, Polymer and Colloid Science, Molecular Biosciences, Ecology and Environmental Sciences, New Materials, African Studies, High Pressure and High Temperature Research, Cultural Encounters and Transcultural Processes, Innovation and Consumer Protection, Food and Health Sciences, Energy Research and Energy Technology, Governance and Responsibility.

Our university has an outstanding staff-to-student ratio. Our high performance levels, multidisciplinary collaborations and scientific excellence result in high ranking positions. In the 2021 THE ranking of “475 under 50”, the University of Bayreuth once again achieved a top position among the best universities in Germany. We have proven expertise in campus and curriculum internationalisation, which is confirmed by the results of the extended internationalisation audit conducted by the German Rectors’ Conference, a close and successful project cooperation with the German Academic Exchange Service (DAAD) and a number of Alexander von Humboldt Awards for our international management and service.

Welcome to our one-of-a-kind campus in Bavaria!
It is both the heart of our university and a source of inspiration. It is where friendships are made, collaboration is initiated, and ideas are conceived, ensuring that our university remains a beacon of innovation. Scientific exchange profits tremendously from the wide variety of disciplines our communicative campus brings together.

Be sure that there is a comprehensive and high-quality range of courses in all degree programmes that will enable students to successfully begin and continue their studies – on campus or online.

University location

Welcome to Bavaria!
Seventy-six thousand people from 145 nations chose the city of Bayreuth as their new home, and those numbers are steadily rising. Because of its 13,000 students, Bayreuth is the third-youngest city in Germany. Living here means not getting stuck in traffic jams every morning. The short distances in Bayreuth allow you to leave your car at home and to walk or ride your bike to work and to campus.

Career & Networking
The Welcome Service at the University of Bayreuth is here to assist you with any questions regarding living and working in the region of Bayreuth. The team of our International Office provides guidance and support for all international students, scholars, and their families before, during and after their stay at the University of Bayreuth. The aim is to ensure a quick, trouble-free and thus successful start as well as an unforgettable stay on our friendly campus in Bayreuth and Kulmbach.

A good climate for your entrepreneurial spirit
The University of Bayreuth takes its role as a regional motor of innovation very seriously. The Office of Entrepreneurship & Innovation was set up to help students gain the necessary qualifications in the area of entrepreneurial and innovative thinking and acting. In doing so, we nurture our students’ willingness and ability to start their own companies. Our Adviser for Start-Ups provides start-ups and prospective start-ups with confidential guidance and support. Strong innovation and research institutions combined with high-performance medium-sized companies make for a steady rise in workforce and a guarantee for job security.

Your new home away from home
Bayreuth and Kulmbach offer a fast variety of childcare services as well as affordable living space. Step outside your front door and enjoy the recreational activities. Scenic northern Bavaria is great for sports activities: cycling, hiking, mountain-climbing, canoeing, rafting, and skiing are all excellent ways to enrich your leisure time. However, if you do happen to crave the feel of a bigger city now and then, Nuremberg is only a one-hour train ride away and Munich is only two-and-a-half hours away. You can reach Berlin in four hours by car or bus and Leipzig in half that time.

Have a great start. We look forward to meeting you!