Economics

Subjects: Economics;Business

M.Sc. | Master of Science

Course description

Today’s economists navigate a globally competitive and increasingly complex landscape. Universität Hamburg’s Master of Science in Economics is designed to meet these challenges head-on. This program, delivered entirely in English, places a strong emphasis on quantitative skills and cutting-edge empirical research methods. It encourages practical application and ties it to policy, preparing students for real-world economic scenarios and obstacles. The curriculum offers robust training in best-practice methods within mainstream economics. Students can delve into optional in-depth studies in areas of personal interest, aiding their transition into independent research. This program is ideal for those aiming for careers in higher education, research, or consultancy, both nationally and internationally. By focusing on practical skills and empirical research, Universität Hamburg ensures that graduates are well-equipped to tackle the demands of today’s economic environment. The program fosters an inclusive and supportive atmosphere, helping students achieve their professional goals with confidence and competence.

Application Requirements

Language Requirements

All applicants must provide proof of English language proficiency. Please proof your language skills by submitting your results in one of the following tests: • Revised TOEFL Paper-delivered Test: at least 22 points per skill (Reading, Listening, Writing) • TOEFL internet-based test (test date scores): at least 92 points with at least 22 points per skill (Listening, Writing, Speaking, Reading) • International English Language Testing System (IELTS) – Academic: Overall Band Score with at least 6.5 (Good Competent User) with at least 6.0 per skill • Cambridge Certificate of Advanced English (CAE) • Cambridge Certificate of Proficiency in English (CPE) • Cambridge Higher Business English Certificate (BEC)

Qualification Requirements

University degree Depending on the profile of your first degree, i.e. your previous higher education, there are three application categories with its respective admission requirements: a) a degree in Economics or 'Volkswirtschaftslehre' b) a degree in a related subject, with sufficient advanced training in Economics c) a degree in Mathematics, Mathematical Economics, Statistics or the equivalent a) Applicants who have completed a degree in Economics or 'Volkswirtschaftslehre' are considered to have sufficient economic background to apply to the program. b) Applicants with advanced training in Economics (i.e., a degree with strong focus on Economics) must show you have sufficient training in advanced economic analysis. Your Transcript of Records must document the following types of courses: • two lectures* in general economics, i.e. basic micro- and macroeconomics, • three lectures* on advanced topics in economics, of which at least one must cover predominantly theoretical and one predominantly applied issues • three lectures* in mathematics, statistics and econometrics, of which there is at least one in mathematics and one in statistics, or econometrics In lieu of the three lectures in mathematics, statistics and econometrics, a GRE revised General Test with at least 155 points in the quantitative section, or a GRE Subject Test Mathematics with a score of at least 700 points will fulfill the requirement. If you have more courses than required (for each area) choose which courses you want to have considered in the selection process. Clearly identify the required lectures on your transcript. * A lecture must consist of at least 2 hours per week over the course of one semester. c) Applicants with a degree in mathematics, economathematics, statistics, or the equivalent. If you have completed a degree in one of these fields, you must show sufficient training in advanced mathematics to be admitted. This means your transcript of records must document the following types of courses: • Lectures* on Linear Algebra and Analysis • Lectures* on Statistics or Lectures* on Econometrics

Document Requirements

Degree certificate or provisional Transcript of Records: Proof of English language skills: Applicants who, at the time of their application, are not able to attest their English language proficiency as listed above, must provide a proof of their registration for the next possible test date (e.g., print-out of the online registration). In this case, the deadline for late-submission of the test results will be postponed until 31 May. For late submission, use this link. GRE revised General Test or GRE Subject Test Mathematics results (if applicable) Letter of motivation (500 words max., in English) At least one letter of recommendation from a university lecturer in your primary degree program.