Economics – Master of Science

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Graduate studies; requires an undergraduate university degree.

The programme focuses on the use of economic theory and empirical methods as tools for understanding, modelling and evaluating real world economic issues. In the compulsory subject area Quantitative Economics students acquire advanced skills in economic theory and econometrics, which find application in a broad spectrum of economic issues covered in the programme’s five optional subject areas: Econometrics and Applied Economics, International Financial Economics, Macroeconomics and International Economics, Microeconomics and Decision Making and Public Economics.

Overview

DegreeMaster of Science
Programme startWinter semester
Period of study4 semesters
Application period24.3. - 15.4.
Admission restrictionsyes
ECTS120
Number of places:60

Why study Economics at Konstanz?

The Department of Economics of the University of Konstanz enjoys an outstanding reputation in teaching and research. Its 26 full, junior and assistant professors from the fields of economics, business administration, econometrics, statistics, and business and economics education, over 60 doctoral researchers and guest professors from reputable universities worldwide provide an intellectually stimulating and productive environment for study and research. In in the Department students are respected as individuals and receive extensive support in academic and personal matters.

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Content

Prospects and opportunities

Career prospects

Our programme has two objectives. First, to provide students with a modern and comprehensive postgraduate education in economics in line with the highest international standards. Second, to lay the foundations for a wide range of challenging careers in the private and public sectors, for instance, in national and multinational companies, banks, consulting firms, insurance companies, national and local government, research institutes, universities, and international organisations. With a degree from the Department of Economics of the University of Konstanz the foundations for a successful career are laid.

Programme structure

Programme start

Winter semester

Academic structure

Three study tracks are offered, giving students the flexibility of customising their Master's studies in accordance with their own academic interests or career aspirations.

  • Track A is the fast track to a PhD. Following the first year of the programme, students with an outstanding performance record and a strong interest in academic research can be admitted to our Doctoral Programme in Quantitative Economics and Finance and take courses towards their doctorate during their Master's studies.
  • Track B enables students to sharpen their academic profile by majoring in one of the five optional subjects of the Master's programme.
  • Track C is for students aiming for a general postgraduate education in economics. Students create their own programme of study from the wide range of modules available in the optional subject areas.

For more information please see the website of the department.


Additional information about the programme structure is available at the Exam regulations (in German).

Internship and study abroad

Internships

A two months internship during the third semester is recommendable.

Study abroad

All students have the opportunity of complementing their studies with a stay abroad at one of our partner universities. Additionally, there are two dual degree options in cooperation with the renowned Department of Economics at The University of Essex and the Nottingham School of Economics at the University of Nottingham.

Requirements

What interests and skills should I have?

Our Master’s Programme in Economics is open to graduates and pending graduates with a Bachelor’s degree in economics or a subject that provides a sufficient quantitative background, such as business administration, mathematics, engineering or the natural sciences.

Language skills

Proof of sufficient English language skills through one of the following tests:

  • Cambridge Certificate of Proficiency in English (minimum grade: C)
  • IELTS (minimum overall band: 6.5)
  • TOEFL (minimum score: 580 points/ paper-based test, 237 points/computer-based test, or 92 points (internet-based test). Our TOEFL code is 8971.
  • Required documentation: original score sheet from one of the above-named tests

Language(s) of instruction

Teaching language is English.

Admission requirements

1. Above average bachelor's degree in economics or a related subject from a recognised university (e.g. business economics, mathematics, natural science, etc.). The grade point average of your bachelor's degree should at least correspond to the German grade 2.5 (good). Students in the final year of their bachelor's degree, who have not graduated yet, are welcome to apply.

  • officially certified copy of your original bachelor's degree certificate, with an official translation into German or English, if applicable
  • officially certified copy of your academic transcript for each year/semester of study, showing subjects taken and grades obtained, with an official translation into German or English, if applicable. 
  • Students in their final year of study: an officially certified copy of your academic transcript to date, showing subjects taken and grades obtained, with an official translation into German or English, if applicable.

2. Documentation of your knowledge in mathematics, statistics, or econometrics, obtained during your bachelor's degree:

  • officially certified copy of your academic transcript for each year/semester of study, showing courses taken in the specified areas, with an official translation into German or English, if applicable. Optionally you can submit official course descriptions.

3. Curriculum vitae in English and a one-page statement written by you, in English, outlining your suitability and motivation.

4. Proof of sufficient English language skills through one of the following tests:

  • Cambridge Certificate of Proficiency in English (minimum grade: C)
  • IELTS (minimum overall band: 6.5)
  • TOEFL (minimum score: 580 points/ paper-based test, 237 points/computer-based test, or 92 points (internet-based test). Our TOEFL code is 8971
  • Required documentation: original score sheet from one of the above-named tests.

5. Two letters of recommendation from university teachers stating your suitability and motivation for participating in the master's programme. The teachers shall write these letters of recommendation on official university paper and sign it. Copies must be officially certified. If the letter is not in English or German, please provide an official translation.

6. Results of the GRE test (Graduate Record Examinations).

7. Application form.

8. Application (informal) for recognition as a case of hardship (if applicable).

9. If you have been enrolled at a German institution of higher education, please submit confirmation of leaving this university (Exmatrikulationsbescheinigung).

International students:

  • Applicants from China: APS certificate (original) issued by the German Embassy in Beijing
  • applicants from Mongolia: APS certificate (original) issued by the German Embassy in Ulan Bator
  • applicants from Vietnam: APS certificate (original) issued by the German Embassy in Hanoi
  • applicants from Georgia: declaration of consent for the verification of your documents' authenticity by the Central Office for Foreign Education (ZaB) in Bonn, Germany.

Fees

Semester fee

All students enrolled at the University of Konstanz are charged a semester fee each semester, similar to all other German universities. Here you can find the current semester fee and its individual components.

Tuition fees for first degree studies for some international students
Beginning in the winter semester 2017/18, the state of Baden-Württemberg will require some international students to pay university tuition fees for their first degree studies. The following will generally not be required to pay tuition fees: citizens of a country within the European Union (EU) or the European Economic Area (EEA), doctoral students and certain 'Bildungsinländer' (international students with German Abitur). You can find more detailed information here.

Tuition fees for second degree studies for all students
All students will be required to pay tuition fees for their second degree studies starting in the winter semester 2017/18, too. You can find more detailed information here.

Application and application documents

The application deadline for admission in October is 15th April. Please read the application checklist and the additional information carefully. The application tool is only active during the application period (10th February - 15th April, 23:59)! You will receive an automatically issued e-mail as acknowledgement of receipt for your application.

An application is possible during the following period: 24.3. - 15.4. (winter semester). There may be other deadlines if you are applying for admission to a higher semester (for instance, if you are changing subjects or universities). For more information please consult the university website.

Application documents

Please make sure you have all supporting documents at hand when starting the online application. No application documents need to be sent by post. However, successful applicants will be required to submit all documents in original or as officially certified copies upon registration at the University of Konstanz.

  • Official academic transcript of grades in mathematics, statistics, and economics during your university studies. Please clearly mark these modules. Course descriptions may be added. Scanned PDF of originals and officially certified translations into English or German only. Scanned language test sheet proving English proficiency as outlined above. Results of the GRE test (Scanned PDF of original score sheet only. If you cannot take the test upload a short explanation)
  • Full curriculum vitae in English.
  • Degree certificate(s) (scanned PDF of originals and officially certified translations into English or German only)
  • One-page statement of purpose in English demonstrating your suitability and motivation
  • Two letters of recommendation by university lecturers at your institution. The letters have to be sent by the referees as pdf via email. If the letter is in another language, an officially certified translation into English or German must also be provided. Letters must be on the letter-headed paper of the referees and include their signatures.
  • Applicants from China, Mongolia and Vietnam: please attach the scanned original certificate by the Academic Evaluation Centre (Akademische Prüfstelle) of the respective embassies in Beijing, Ulan Bator or Hanoi

Application

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