Economics (M.Sc.)
Jump directly to:
Why Economics?
Step into a Master’s program in Economics that empowers you to shape the future.
In our Master's program, you’ll thrive in an inspiring environment where you gain the analytical and empirical tools to understand and address the world’s most pressing challenges.
- How can we balance ambitious climate goals with sustainable economic growth?
- How do global shocks – from inflation surges to supply chain disruptions – shape the stability and resilience of entire economies?
- How can social security systems remain fair and resilient for generations to come?
In our MSc program you dive deep into these and other vital questions, and develop the expertise to answer them with clarity and confidence. You will learn to think critically, shape effective strategies, and design evidence-based solutions that truly make a difference.
Whether you aspire to lead in business, drive innovation in public institutions, or continue your academic journey, our Master’s program gives you the knowledge, vision, and strategic mindset to excel. Join us, become part of our vibrant academic community and start shaping the future with your ideas.
Why Economics in Augsburg?
Attractive and Flexible Course Choices
choose from a wide range of economics courses which can also be complemented by modules in business, statistics, and programming
Individualized Academic Support
personalized guidance and free topic selection for term papers and master's theses
Flexible Admission
You are free to start in either the summer or winter term.
The application windows are 10 September to 15 December for the summer term and?10 March to 15 June for the winter term.
Networking with Academics and Practitioners
engage with academics, policy makers and business leaders at various networking events like the Economics Get-Together and the Economics?Stammtisch
DETAILS AND DOWNLOADS
Program structure
- Duration: 4 terms (120 ECTS)
- Compulsory Courses: 3 out of 3?modules?with a total of 18 credit points (ECTS)
- Core Electives: 7 elective economics modules with a total of 42 credit points (ECTS)
- Free Electives: 5?elective courses out of a broad range of economics and business modules with a total of 30 credit points (ECTS)
- Final Module: Master's thesis?with individual topic selection,?30 credit points (ECTS)
Compulsory Courses (take 3 out of 3 modules)
?
Core Electives?(choose 7 modules)
Offered every summer term (6 ECTS)
?
Understand and evaluate competition policy decisions
- Analyse corporate strategies to restrict competition
- Familiarize yourself with the essential norms of the German and European competition law
- Apply your knowledge in concrete case studies and evaluate measures introduced by the competition authorities
Offered every winter term (6 ECTS)
?
Mastering Health Economics: Incentives, Costs, and Policies
- Understand market mechanisms in healthcare markets, e.g., prevention, organ donation and provider payment
- Identify market failures and develop suitable policies to improve market efficiency
- Evaluate empirical evidence and discuss contemporary research in teams
?
Free Electives?(choose 5 modules)
This part allows you to individualize your studies and thus prepare yourself for your professional career in a targeted manner. You can choose from the remaining Economics modules and all the other Master's modules offered by the Faculty of Business Administration and Economics.
?
Choose for example from these Business modules:
- Advanced Value Based Marketing (6 ECTS, Prof. Paul, summer term)
- Advanced Optimization: Approaches for Real-World Applications (6 ECTS, Prof. Ostermeier, winter term)
- Behavioural Controlling (6 ECTS, Prof. Kunz, summer term)
- Business Ethics II (6 ECTS, Prof. Schwartz, summer term)
- Commodity Risk Management (6 ECTS, Prof. Rathgeber, winter term)
- Computational Logistics with Python (6 ECTS, Prof. Klein, winter and summer term)
- Global E-Business and Electronic Markets (6 ECTS, Prof. Veit, summer term)
- Health Care Operations Management (6 ECTS, Prof. Schiffels, summer term)
- Industrial Ecology (6 ECTS, Prof. Tuma, summer term)
- International Business Taxation (6 ECTS, Prof. Ullmann, winter term)
- Machine Learning (6 ECTS, Prof. Okhrin, winter term)
?
Final Module
Master's thesis (30 ECTS): Choose your topic and supervisor based on your interests – just ask your favorite professor!
Requirements & admission process
Are you interested in our master's program in Economics? To be eligible, you should have good grades and a solid foundation in economics and its methods from your bachelor's degree. To enter our admissions process, you need a bachelor's degree from a university (or an equivalent degree), totaling at least 180 ECTS. Typically, applicants should have a degree in economics or business administration with a focus on economics. Exceptions can be made for graduates from political science, social science, or mathematical and natural science fields with a solid background in economics. Additionally, you must demonstrate proficiency in?English (B2) and in German (A2).
?
Admission Process
?
- a bachelor's?degree of the University of Augsburg or an equivalent first degree from a national or international institution of higher education with a final grade of 3.00 or better
- and at least 40 ECTS?in fundamental and advanced economics courses, such as microeconomics, macroeconomics, public finance,?economic policy
- and at least 15 ECTS?in methods relevant for economics; these are classes such as statistics, econometrics, mathematics, game theory, decision theory.
Up to 10 ECTS from requirement (2) can be substituted by additional methods courses not already used for requirement (3).
Application
The admission procedure is conducted twice a year.
?
Application periods
- For the winter term: May 21?to June 15 of the same year
- For the summer term: September 10 to?December 15 of the previous year
- Applications received after the deadlines cannot be considered!
The following documents must be attached to your application (copies do not have to be certified):
- Fully completed?Online Application;
- CV;
- Proof of English language skills (B2 level or higher);
- If the university entrance qualification or the first professional degree was not obtained at a German-speaking institution, proof of German language skills (A2 level) is also required;
- Certificate of completed courses
(Students of Augsburg?can generate a verifiable Transcript of Records (ToR), including their completed courses, directly and independently through STUDIS); - Proof of bachelor's degree
- If available: Copy of bachelor's certificate;
- If not available: Certification of the current average grade
(Students of Augsburg?can generate a verifiable Transcript of Records (ToR), including their current average grade, directly and independently through STUDIS);
- If applicable, evidence of further achievements that are relevant for the admission process.
?
Submit the application in the??Application portal (vibs)?as follows:
-
Register in the application portal (vibs) and "Start application"
-
"Add application", completely fill in the form and upload the application documents (one PDF document each, if possible) at the required point
-
"Submit application" in the application portal
-
Certified copies must be submitted at the latest upon enrollment.
?
- Sending in the application documents on time.
- Admission or rejection letters will be sent in July or January. An acceptance for a place on our program is valid for the following semester (winter term or summer term, as applicable) and the two subsequent enrollment dates.
- Enrollment is only possible with the bachelor's degree certificate or a confirmation from the examination office that you have passed the bachelor's degree. Please note the deadlines for enrollment.
INFORMATION SESSIONS
The Faculty of Business and Economics holds a Master’s Info Day in the winter and the summer term. Potential students have the opportunity to comprehensively find out at first-hand about our Master’s programs, their composition, structure, and the application conditions.
?
Contact persons
- Phone: +49 821 598 - 4206