Program Overview

Master's Program in Economics

The University of Mannheim offers a Master's Program in Economics, which is taught completely in English. The program is guided by a qualitative approach and based on mathematical key principles. It is aimed at students who are interested in a career in business or academia.

Program Facts and Information

• Degree: Master of Science (M.Sc.)
• Standard period of study: 4 semesters (2 years)
• ECTS credits: 120–126
• Language of instruction: English
• Language proficiency: English
• Program start: Fall semester (September)
• School: School of Law and Economics, Department of Economics
• Semester fee: EUR 194
• Tuition fees for international students from non-EU countries: EUR 1,500
• Tuition fees for a second degree: EUR 650

Program Overview

The master's program in Economics imparts methodical as well as theoretical specialist knowledge in three specializations in the advanced phase, which are structured differently in terms of content and structure. The program is therefore aimed both at those who are interested in a career in business and those who wish to embark on an academic career.

In the introductory phase, advanced knowledge in macro- and microeconomics as well as in econometrics is imparted. The further course of study depends on the specialization chosen in the advanced phase:

• Students of the Economics track have the opportunity to choose their own specializations and to also take modules from neighboring programs of study programs.
• The Competition and Regulation Economics (CaRE) track offers students the opportunity to take tailor-made, interdisciplinary courses in the field of competition and regulation.
• The Research track offers students the possibility to develop their academic profile in advanced doctoral courses.

Why Study Economics at the University of Mannheim?

Studying in Mannheim means studying at one of the most renowned institutions for Economics in Europe. The Department of Economics is repeatedly ranked as top university in various rankings. The University of Mannheim is part of a global network, and students enrolled in the master's program in Economics have the opportunity to participate in the double degree program ENTER Research Masters and to obtain a double degree at a renowned European partner university.

Career Opportunities

Economists may be employed wherever an understanding of economic issues is required. Depending on their specialization, they can work in ministries and international organizations, in politics, or in the banking and insurance sectors.

Required Interests and Skills

Students of the master’s program in Economics should:

• be interested in economic issues and scientific research,
• have a solid basic knowledge of mathematics, macro- and microeconomics, econometrics, and statistics,
• be not afraid of in-depth study of models, theories, data sets, and statistical software,
• be capable of abstract thinking, have sound analytical skills, and the ability to reason,
• be able to write and speak clearly.

Program Structure

The module catalog gives an overview of the courses and their content. Spending a semester abroad is optional, and the University of Mannheim is well-connected internationally, with around 450 partner universities around the world.

Admission Requirements and Selection

The admission requirements include:

• Completion of a bachelor’s program in Economics, or a bachelor’s program recognized as equivalent, with a grade of “good” or better,
• Proof of proficiency in English.

The selection criteria include:

• The final grade or – for students still completing their degree – the grade average of the bachelor’s program,
• Letter of motivation,
• Essay.

Doctorates

Outstanding students can also directly join the doctoral program in Economics at the Graduate School of Economics and Social Sciences (GESS) in Mannheim and thus save two years compared to the duration of a conventional combination of a master's degree and a subsequent doctoral program. Graduates of the master’s program in Economics have a very good chance of gaining a doctoral position at a chair or in a renowned doctoral program.