The faculty staff is enriched by three new professors:
Prof. Dr. Daniel Streitz: he is co-affiliated to the research institute IWH in Halle and will provide one course per term. His research and teaching area is empirial finance, banking, and regulation.
Prof. Dr. Javier Miranda: he is also co-affiliated to the research institute IWH in Halle and will provide one course per term. His research and teaching area is productivity analysis, labor markets, entrepreneurship.
Prof. Dr. Roland Winkler: he is the successor of Prof. Wolters and will have the chair for macroeconomics. He is able to start at the FSU from October 2021 (winter term). Henceforth, the chair is still vacant in the summer term. But he will nevertheless give a course about dynamic macroeconomics in open economies as a block course beginning of June (to be credited for "Empirical Macroeconomics").
The duration of the programme is 2 years (4 semesters). To complete the programne, 120 credit points (ECTS) are necessary. The awarded degree is Master of Science in Economics.
The intake is always in the winter term (starting in October).
The Master of Science in Economics teaches students the skills needed to thoroughly analyse economic issues and problems, understand and apply the relevant academic theory, and use the correct formal and empirical methods. This in turn will allow them to find creative approaches to problem solving and predict the political and social consequences of economic activity. Graduates will typically work in leading positions ibn banks, firms, research institutes, syndicates, public administration, or start an academic career.
The teaching language is English (except for very few elective courses in German).
Only the specialisation area "Regional Dynamics" requires German proficiency (DSH-2). So it is possible to complete this program without German. But we recommend to learn German which is partially credited for the curriculum.
We expect a sound pre-education in economics, mathematics, and statistics. We expect in particular a basic knowlege of microeconomics (e.g. Varian's textbook on Microeconomics or comparable), macroeconomics (e.g. Blanchard's textbook on Macroeconomics or comparable), basic algebra (including vectors and matrices), calculus (derivatives, integrals) and statistics (estimation, hypothesis tests). Furthermore, we expect some knowledge in further fields of economics (e.g. international trade, public finance, industrial economics etc.). Please note that we are restrictive in counting courses as "economics" courses. Courses related to business administration, accounting, management, business finance etc. do not count. Courses with a potentially ideological background as well as courses with a more descriptive content, such as regional specifities of a certain econonmy, do not count. The pre-education should also have a certain broadness, too strong a specialisation is unwarranted. In general, we apply the criteria strictly because of the very high number of applicants. Please see also this document [pdf, 68 kb] de which you have to use for your online application.
We highly recommend to take this self-test [pdf, 210 kb] de which should help you to find out whether your pre-knowledge and skills are a good match for our study programme.
We cannot directly measure the quality of your pre-education. Having several courses e.g. in microeconomics does not necessarily mean that the pre-education in microeconomics is sound.
Before you apply you should be sure that this programme fits your interests and is suitable for your future plans. Make also sure that your financial situation allows for a study of two years. Recall that the faculty does not provide grants.
For a detailed description of the application procedure see the official page of the Master Service Centre. You have to apply by using the online application platform - don't send your application via e-mail or on a postal way.
The online application platform opens from April 1st, the deadline for application is July, 15th! The deadline is strict. The programme only starts in the winter semester!
Compulsory courses (18 ECTS)
Elective courses I (at least 24 ECTS)
Elective courses II (at most 6 ECTS)
Note that the basic area is different in case of choosing the specialisation area "Regional Dynamics". Detailed information you find here [pdf, 101 kb] de.
Detailed information about the structure of these specialisation areas you find here [pdf, 101 kb] de.
The master's thesis (24 ECTS) takes 4 months (plus preparation time). The topic of the thesis has to be related to your specialisation area. You should demonstrate that you are able to apply your knowledge and skills to an economic research question. You have the opportunity to suggest your own topics, and you have to look for a supervisor for it.
Within this master program we are currently offering two double degree master programmes in the field of economics in coorperation with Italian universities:
Further information can be obtained from the Departmental International Office.