Study Program Details
This postgraduate study program offers a professional economic qualification on a graduate level. The basis of this program are modules in quantitative measures, micro-, and macroeconomics, as well as evidence-based policy analysis. Especially the seminars in the specialization (2nd & 3rd semester) enhance the students to understand the complex institutional and social framework conditions of economic and economic-political research and to incorporate these in scientific analysis and problem-solving.
Study Program Structure:
Compulsory modules (15 ECTS) Econometrics, Microeconomic Analysis, Macroeconomic Analysis.
The module Scientific Work prepares studentn for research writing, equip them with quantitative research methods.
Compulsory elective modules (specialization) with 35 ECTS, including two seminars with 10 ECTS each, plus two supplement modules totaling 10 ECTS. additionaly studentn may take a compulsory elective module gaining 5 ECTS in the field of CoMeT (active engagement on campus).
The last (4th) semester is reserved for the module master thesis paper and the final seminar presentation (30 ECTS).
Here candidates must demonstrate their ability to work independently on a selected topic using scientific methods in order to be successful.
Please note:
* 1 ECTS stands for a workload of 30h (5 ECTS = 150h per module, goal 30 ECTS per semester)
Admission Requirements:
This study program takes a quantitative approach. Hence, good knowledge of mathematics, statistics, and further quantitave methods is required for a succesfull study program at our school.
Applicants must prove an academic degree in economics gained from a university recognized in Germany and with a GPA from 1,0 - 2,9 according to the German grading system, and ...
the proven undergraduate degree is considered relevant with the minimum:
60 ECTS (EU degrees) or 12 modules (Non-EU) in economics, business administration courses plus
15 ECTS (EU degrees) or 4 courses (Non-EU) in quantitative methods modules.*
* Quantitative methods module examples: advanced mathematics and statistics for managers or economics, econometrics, operations research, quantitative methods, stochastics, and probability, ... Recognition is done by the application board exclusively and made according to the internal bachelor's program structure.
Language Skills:
Students must demonstrate excellent written and spoken English C1 level, such as the knowledge and skills necessary to complete academic papers to be able to follow the lectures and take part successfully in the time-limited written and oral examinations. Examination retakes are limited as a strict rule.
You can see all valid options to prove your English Test Options
Internationality:
- English instructions and examinations exclusively,
- Class with ca. 15 students yearly,
- International topics and lecturers from the IWH Halle/Saale
- Support by the university`s International Office,
- Several study abroad options for 3rd-semester students,
- Large community of international students supported by international student organizations.
Counseling:
The university has a variety of offices to support students during their studies, including workshops and personal counseling. Specifically, this program gives its students the opportunity to visit the International Study Program Office to receive personal counseling regarding study organization and advice. At the beginning of the winter semester, an academic orientation seminar is offered. Additionally, multiple presentations are held for students by students SIMP-SON, about university life and integration into German society.
Career:
The qualifications of the program Economic Policy Analysis enable students to work in management positions in all areas in public organizations, and private corporations, as well as in university and non-university scientific institutions on a national and international level. Graduates are also qualified to accede to activities, which decide on, conceptualize, or analyze economic policy measures, e.g. ministries, economic research institutes, syndicates, economic analysis departments, and economic institutions for higher education. Graduates are well-prepared for an economics Ph.D. program.
If you would like more information about career services, internships, job search counseling, job interviews, etc., please check out the Career Service Center which is an institution of the Otto-von-Guericke University Magdeburg.
Study Abroad:
Our faculty fosters well-established relationships with reputed universities in many countries. If a graduate student wishes to study abroad for one semester (the third semester is suggested), we will be happy to advise him/her and provide credit transfer counseling. Travel grants may be available on an individual basis and must be applied for. For detailed information and counseling, please visit the homepage of the International Office and the exchange program database "OVGU's COOPERATION OVERVEIW".
Internship:
There are no compulsory internship requirements; however, graduate students are encouraged to complete at least one internship over the course of their studies. This helps students gain experience within a German or international workplace environment. Internships must be self-organized. AIESEC, IAESTE, and ERASMUS provide opportunities and support.
