Program Overview

Management, Business and Economics (M.Sc.)

Short Information

The Master's degree program in Economics provides a general profile with brief information about the program.

Detailed Information

Description of the Degree Program

This degree course is aimed at graduates of science or engineering courses, mathematics, or computer science. The program consists of a large compulsory area of 45 ECTS, followed by a compulsory elective area in economics of 55 ECTS. Students must choose modules of at least 50 ECTS from exactly one specialization:

• Corporate Development and Strategy
• Operations Research Management
• Sustainability and Corporations
• Innovation, Entrepreneurship and Marketing
• General Management (modules can be freely selected from the four other specializations)

An interactive, project-oriented introductory course is offered explicitly for this degree program. The degree program concludes with a four-month thesis.

Study Start

The Master's degree course in Economics can only be started in the first semester in the winter semester.

Professional Requirements

• Proof of a recognized first qualified university degree in a scientific course of study in engineering or natural sciences, mathematics, or computer science, with at least 140 credit points (ECTS) in STEM modules.
• Sound knowledge of higher mathematics and statistics amounting to at least 15 ECTS.
• For applicants with non-German university entrance qualification or first university degree, proof of knowledge of the German language is required (e.g., TestDAF, DSH, KMK II).
• For applicants who have not acquired the degree program qualification at an exclusively English-speaking institution or have not learned English as a native language, proof of English language proficiency is required (e.g., TOEFL, IELTS, Cambridge Test).

Application Process

The application process is conducted through a new IT system introduced at RWTH. Information on the application deadline and process can be found on the dedicated page.

Selection Procedure

Admission is based on a selection procedure, considering the Bachelor's grade (51%) and the TM-WISO test result (49%). It is recommended to take the test, as a passed test is only valid for one year.

Selection Regulations

The selection criteria for the selection procedure can be found in the selection regulations document.

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