All classes are held in English (100%).
Non-EU applicants: 15 July for the following winter semester, which starts on 1 October; 15 January for the following summer semester, which starts on 1 April
EU applicants: 15 July for the following winter semester, which starts on 1 October; 15 January for the following summer semester, which starts on 1 April
Building on the knowledge gained from a previous Bachelor's programme, students are expected to complete this consecutive, research-oriented Master's programme within four semesters. As part of the curriculum, students need to complete mandatory modules in advanced microeconomics, advanced macroeconomics, empirical methods and industrial organisation. Students then freely choose eleven elective modules from a broad course catalogue, which includes lectures and seminars alike. The choice of elective modules covers the entire spectrum of economics and gives students the freedom to either specialise in one field or to study broadly. Towards the end of their studies, students are required to participate in a module called "project studies". This is a research-driven module that prepares them for the subsequent Master's thesis, which then in turn concludes the programme.
The completion of the Master’s thesis demonstrates the students' ability to work independently on an economic problem over a period of several months and that they can present and document the results at an appropriate scientific level.
The programme design allows students to tailor their studies according to their specific interests, e.g. in the areas of econometrics/statistics, public economics, digital economics, energy and resource economics or transport economics. At the same time, students will still receive a sound and broad education in economics. The goal of the programme is to provide technical and methodological skills that enable students to work scientifically and solve complex theoretical and/or practical problems in economics.
Therefore, graduates of the Master's programme have an in-depth understanding of economics. They possess strong methodological and analytical skills, which they have already put into practice through specific participation in regular research activities (e.g. in the context of seminar papers and theses).
The graduates are also qualified to independently increase their expertise in the relevant economic fields. They have the academic and scientific ability to grasp the connections between economic and social life in order to consciously exercise the social responsibility associated with this knowledge.
The Master’s programme in Economics is a follow-on to a Bachelor’s degree course in economic science. In principle, however, the programme is also open to graduates of degree programmes related to business administration or other related fields. The Master's programme extends over four semesters. Students can enter the programme in either the summer or winter semester.
The first three semesters consist of lectures, seminars and tutorials. The third semester can be spent abroad. The fourth semester is reserved for project-oriented learning and the Master's thesis.
Traditional lectures are largely replaced by seminars, project work and an introduction to independent research. The limited number of students and the wide range of electives ensure an excellent student-teacher ratio.
Since the Master's programme is research-oriented, a sound knowledge of econometrics and an intimate familiarity with the theoretical foundations of economics are essential. The module on project-oriented learning allows students to gain practical experience in scientific work. This experience will be deepened and broadened as they embark on the preparation of their thesis without external assistance.
We often offer lectures by visiting researchers or visiting faculties from abroad in our Master's programme.
Students are encouraged to spend one semester abroad, but this remains optional. The International Relations Centre within the School of Business and Economics will gladly assist those students who wish to pursue this opportunity.
Students must pay a semester contribution fee of 317.48 EUR per semester. This includes a "semester ticket" covering public transportation in the greater Münster area and throughout Germany.
You can find more information here:
https://www.uni-muenster.de/studieninteressierte/en/einschreibung/semesterbeitrag.shtml
We recommend that students budget at least 900 EUR per month to cover personal expenses (accommodation, living expenses, health insurance).
Bachelor's in Economics or a related field with a minimum of 40 ECTS in Economics and a minimum of 10 ECTS in Mathematics/Statistics/Econometrics
English: level B2
Non-EU applicants: 15 July for the following winter semester, which starts on 1 October; 15 January for the following summer semester, which starts on 1 April
EU applicants: 15 July for the following winter semester, which starts on 1 October; 15 January for the following summer semester, which starts on 1 April
As in all popular university cities in Germany, accommodation is in high demand and is not easy to find in Münster – but it’s not impossible either!
Please contact the International Office (Bachelor's and Master's students) or the CERes (doctoral candidates) of the university for advice. Please also note that the University of Münster (like most German public universities) does not have its own student halls of residence.
The Career Service team of the University of Münster provides a comprehensive range of seminars, information and advice to help students, doctoral candidates and graduates develop a sustainable professional profile, initiate contacts with employers and learn application strategies and techniques.
The International Office of the university provides advice and support on study-specific and social issues and problems such as:
The Student Advice and Counselling Centre (ZSB) of the University of Münster provides support for students in various areas, including:
The Student Advice and Counselling Centre provides relevant information, assesses the individual circumstances of the student and considers objective factors to help develop customised solutions and potential courses of action.
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