Master of Science (MSc) in Economics MSc Economics
University of Bayreuth • Bayreuth
- Master of Science in Economics
- Course location
- Teaching language
All compulsory courses and a sufficient number of elective courses are taught in English. So even if you do not want to take exams in German or to participate in German-language seminars, it is possible to obtain enough credits for completion of the programme. However, your choice of options may then be somewhat restricted.
- Programme duration
- 4 semesters
- Winter and summer semester
- Application deadline
- 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.PDF Download
- International elements
- International guest lecturers
- Integrated internships
Students may obtain 6 or 12 ECTS credits by doing an optional internship of six to twelve weeks complementing their academic specialisation. See http://www.praktikantenservice.uni-bayreuth.de/de/index.html for further information.
- 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 must pay a semester contribution. This payment (in Bayreuth: 107.81 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, 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 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: https://www.daad.de/deutschland/nach-deutschland/voraussetzungen/en/9198-financing/.
- 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 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
- Submit application to
- Possibility of finding part-time employment
There are many ways for international students in Germany to earn money while they study, for example, as wait staff, academic assistants or private tutors, but there are some restrictions.
For more detailed information, please visit: https://www.daad.de/deutschland/in-deutschland/arbeit/en/9148-side-jobs/.
Accommodation for students
Bayreuth has 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: www.uni-bayreuth.de/en/studies/accommodation/index.html. Please also read the DAAD’s information on searching for an apartment.
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
International, innovative, and interdisciplinary in research and teaching
The University of Bayreuth is a dynamic campus university with about 13,500 students. Beyond the interdisciplinary research focus and excellence in teaching, the university has a clear vision of social responsibility and entrepreneurship.
We have a close network of strategically selected, international research partners and 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. Presently there are around 1,350 international students from 100 countries on campus. 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-student ratio. Our high performance levels, multidisciplinary collaborations and scientific excellence result in high ranking positions. In the 2018 THE ranking “150 under 50”, the University of Bayreuth 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. That is probably why the University of Bayreuth has been able to celebrate so many awards and honours for its scholarly accomplishments.
University of Bayreuth