The Master's Program in Economics and Management Science is designed to give students the knowledge, skills and methods necessary for a critical and successful future involvement in the worlds of Economics and of Business. In particular, the international orientation should give students the understanding necessary for engagement on an international level.
This Program, offered by The School of Business and Economics, draws on numerous international contacts and on the knowledge and experience of the distinguished German and foreign academics constituting the School's teaching staff.
The primary emphasis of the Program is on imparting rigorous and quantitative methods of economic analysis, which are applied to Advanced Microeconomic Theory, Game Theory, Industrial Organization, Public Economics and Macroeconomics, International Finance Markets, International Business Management and Marketing, as well as the study of Quantitative Methods in their own right.
Please note that this is not an MBA Program! The content of our Program and our expectations of the Program participants are appropriate to the academic demands of a Master of Science qualification.
The main language of tuition is English although the course selection is obviously much larger when both German and English are considered. It is possible to complete the entire program in English, but in order to obtain the maximum benefit from the program, participants should learn German.
The Program has an extremely international selection of students—in 2010, 82% of MEMS students were non-german—and each year roughly 60 students are accepted into the Program. The Program should be completed, including examinations, within four semesters, provided the student has a sufficient background in mathematics.
After passing all examinations, students earn the degree, Master of Science (MSc) in Economics and Management Science and an official diploma supplement, according to the rules of the European Credit Transfer System (ECTS).
The Master's Program is designed according to the rules of ECTS (European Credit Transfer System), a European standard set up to ensure smooth transfer of credits earned at different participating colleges and universities throughout Europe.