|Programme||International Economics and Business|
|Degree awarded||Master of Arts (M.A.)|
|Duration and credits||4 semesters; 120 ECTS credits|
|Starts in||October (winter semester)|
|Languages of instruction||German; includes individual modules taught|
About the programme
The M.A. International Economics and Business programme teaches students how economic theories, experiments and empirical methods can be combined to explain key social and economic phenomena and developments. The programme has been accredited by ACQUIN since 2010 and attained a top place in the 2014 CHE rankings.
- A focus on economics modules
- Strong involvement of empirical research (laboratory and field experiments as well as secondary research)
- Comprises selected modules on business studies and econometrics
- Interdisciplinary modules and transferable skills courses can be counted towards the degree
- Excellent staff-student radio (about 20-30 students each year)
- Combines theory and practical application
- Excellent reputation of the University's language courses
- Numerous global university partnerships
Economists work in a wide variety of occupations. Our graduates have been offered top-tier posts in academia and in the business world: executive posts in the private sector, in policy consultancies as well as in public-sector organisations and federal and state ministries. Many decide in favour of an academic career and follow up with doctoral study.
The curriculum is designed to involve as little bureaucracy as possible.
Students will learn theoretical and statistical foundations (e.g. econometrics, computer-aided statistics, game theory, behavioural game theory, field experiments and experimental economics). Additionally, the programme focuses on three economically relevant subject areas:
1) Globalization, Geography and the Multinational Firm
2) International Finance
3) Governance, Institutions and Anticorruption
1) Globalization, Geography and the Multinational Firm: e.g. international trade; trade policy, international integration and world trade systems; growth, inequality and poverty; business location theories, clusters and networks; the multinational firm; international taxation; international business taxation; economics of migration.
2) International Finance: e.g. international finance; money, interest and inflation; advanced macroeconomics; empirical finance; case studies in monetary economics; capital market theory; financial market theory; business valuation.
3) Governance, Institutions and Anticorruption: e.g. economics of corruption; anticorruption and the design of institutions; development economics; economics of education; behavioural public economics; population economics; health, development and public policy; auditing.
Academic entry requirements
To apply for this master's programme, you should have a good first university degree (e.g. a bachelor's degree) with an economics, business studies or a related focus, obtained after completing a programme of study with a minimum full-time standard period of study of three years. Specifically, in your previous degree programme you must have studied economics, mathematics and statistics modules amounting to a minimum of 40 ECTS credits (or equivalent), which you should have completed with good marks. Beyond this, there are no specific requirements on the content of your first degree programme.
German language requirements
You will need German language skills at level C1 CEFR or higher to study this degree programme, as that is the main language of instruction for this programme. Therefore, you will have to provide a recognised German language certificate such as DSH-2 or TestDaF 4×4 with your application, unless German was the language of instruction for your secondary school education (e.g. Abitur at a German international school) or your first undergraduate degree (i.e. a German-taught bachelor's degree programme).
The University of Passau has set up a German language teaching unit, German Courses Passau, which offers a selection of preparatory language programmes tailored to the needs of international students. These range from summer courses to a full academic year and cater to learners of all levels.
English language requirements
Unless English is your first language or the language of instruction for your undergraduate studies or secondary school education, you will need to prove that you have adequate English skills (level B2 CEFR or higher) by means of a recognised language certificate such as TOEFL or IELTS.
How to apply and selection procedure
You should submit the following additional documents when applying for a place on the programme. The application deadline for this programme is 30 June every year.
The selection procedure is designed in such a way that offers can be made far in advance of its conclusion. If you have not received your final transcript/certificate at the time of application, you can apply with your transcript of records or preliminary transcript and submit your first degree certificate and final transcript at a later date. Shortlisted candidates will be invited for a selection interview, which will be conducted in person or via Skype.