|Degree awarded||Master of Science (M.Sc.)|
|Duration and credits||4 semesters; 120 ECTS credits|
|Starts in||October (winter semester)|
|Languages of instruction||German and English|
The M.Sc. International Economics and Business programme imparts in-depth expertise, skills and research methodology in micro- and macroeconomic theory as well as empirical economics with a focus on 'Global Economy, International Trade and Finance' and 'Governance, Institutions and Development'.
The methodological competences, while geared primarily to economic analysis, are enriched with business administration-specific elements. This degree programme comprises both German- and English-taught modules and can be completed entirely by attending only English-taught modules.
- Focus on economics modules
- Strong involvement of empirical research (laboratory and field experiments as well as secondary data analysis)
- Includes selected modules on business administration and econometrics
- Interdisciplinary modules count towards the degree
- Excellent staff-student ratio due to small learning groups (about 20 to 30 students each year)
- Combines theory and practice
- 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 programme is divided into seven module groups and the master's thesis module:
A: Core Courses (20–30 ECTS credits)
The core econometrics, macroeconomics and microeconomics courses impart the central techniques required for the subsequent stages of your degree programme.
B: Advanced Methods (a minimum of 10 ECTS credits)
In this module group, you will be acquainted with advanced quantitative methods in in-depth econometrics and behaviour-oriented courses.
C: Global Economy, International Trade and Finance (a minimum of 10 ECTS credits)
This module group comprises courses on globalisation, trade and finance. You will learn about theories and apply empirical methods to understand human decision-making processes concerning investments, location, trade and finance as well as their respective systemic interactions and ways of influencing economic policy.
D: Governance, Institutions and Development (a minimum of 10 ECTS credits)
In this module group you will learn about theories and apply empirical methods to understand development theory and policy; institutional design; the fight against corruption; ethics; fiscal policy; and health economics.
E: Business Administration (a maximum of 20 ECTS credits)
Suitable business administration modules complement the knowledge acquired in module groups A to D.
F: Foreign Language with a business and economics focus (a maximum of 10 ECTS credits)
You will gain 10 ECTS credits in one of the following foreign languages offered by the Language Centre: Chinese, Czech, English, French, Italian, Polish, Portuguese, Russian or Spanish.
G: Interdisciplinary Modules (a maximum of 12 ECTS credits)
In this module group you may study master's-level modules taught at the other faculties of the University of Passau and have them counted towards your degree. This allows you to give your degree profile its own interdisciplinary orientation whilst exploring the methodology and subject matters in other disciplines at an advanced level.
You will write your master's thesis on a topic from module group A, B, C or D. 20 ECTS credits are awarded when you pass the thesis module.
Please find the complete description of the programme in the infosheet from the Academic Advice Service.
To apply, you need a good undergraduate degree with at least 35 ECTS credits in economics (gained in subjects such as microeconomics, macroeconomics and/or economic policy) and at least 15 ECTS credits in mathematics and statistics. To illustrate this point: If you are applying on the basis of a three-year undergraduate degree, at least 20% of that degree programme should have consisted of economics modules and 8% of mathematics and statistics modules. Beyond this, there are no specific requirements on the content of your first degree programme.
If you have not yet received your final transcript/student record and certificate at the time of application, you may apply using your Transcript of Records or other preliminary transcript. If you are successful in your application, you should then submit your final transcript and degree certificate by the end of the tenth week of lectures in the first semester.
Following a positive review of your submitted documents, you will be invited to an aptitude interview, which will be conducted in person or by video conference.
You must submit an English language certificate at level B2 of the Common European Framework of Reference for Languages (CEFR), unless English is your native language or the language of instruction for your prior university or secondary education.
You should also have basic knowledge of German (level A1 CEFR) to help you in your everyday life. If you do not have basic knowledge of German, you will be able to take a free language course either before the start or within the first two semesters of the programme.