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Humboldt-Universität zu Berlin - Wirtschaftswissenschaftliche Fakultät

MEMS Structure



Contents of this page:

  1. Program Structure
  2. Language of tuition
  3. Fast track
  4. Changing to the new study regulations (for "older" Intakes)
  5. Old study regulations


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 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 are encouraged to learn German.

The program has an extremely international selection of students—in 2016, 81% of MEMS students were non-german—and each year 55 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 (M.Sc.) 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. You can view our accreditation information here.


Program Structure

The HU just published new Studien- und Prüfungsordnungen (study regulations), which make studying MEMS more flexible and more customized for your individual preferences. You can find the official text at the page of the Prüfungsbüro: https://www.wiwi.hu-berlin.de/de/studium/pa/studiengaenge/standard (in German only), this page is just an explanation of the study regulations and does not create legal entitlements.

For additional information on the courses offered at our faculty, click here


Core Courses

min. 12 credits in each area (in total min. 36 credits)






The Core Courses build the foundation for your MEMS studies. You have to take at least 12 credits in each area: Economics, Business Administration and Quantitaive Methods. It is recommended to take these courses during your first year.

Students interested in the fast-track PhD-option may additionally take or substitute the Economics courses with the accordng PhD-level courses.


Economics (min. 12 credits)

Fachlicher Wahlpflichtbereich A: Volkswirtschaftslehre

  • Introduction to Advanced Macroeconomic Analysis
  • Introduction to Advanced Microeconomic Analysis

General Management (min. 12 credits)

Fachlicher Wahlpflichtbereich B: General Management

  • Financial Accounting and Analysis
  • Grundzüge der Besteuerung
  • Marketing Management
  • Organization and Management
  • Economics of Entrepreneurship
  • Corporate Finance
  • Business Analytics and Data Science


Methodological Skills (min. 12 credits)

Fachlicher Wahlpflichtbereich C: Methodische Grundlagen

  • Econometric Methods
  • Applied Econometrics
  • Multivariate Statistical Analysis


min. 24 credits in one field

Each Major has a set of courses, from which you can choose. You should select one major with a minimum of 24 credits, i.e. a minimum of 4 courses.


Major Macroeconomics
Advanced Monetary Economics
Advanced International Trade: Theory and Empirics
Empirical Labor Economics
Advanced Labor Economics
Advanced Macroeconomic Analysis II (PhD-level)
Topics in Macroeconomics
Topics in Labor Economics and Macroeconomics
European Economic History I
European Economic History II
Economic History
Spatial Economics
From Paul A. Samuelson to Elinor Ostrom - History of Economic Thought in the 20th Century
Economic Growth
Major Microeconomics
Competition Policy
Decision-Making under Uncertainty
Information Economics
Public Economics
Advanced Microeconomics
Behavioral Economics
Empirical Methods in Applied Microeconomics
Advanced Experimental Economics
Trust and Reputation
Advanced Microeconomic Theory II (PhD-level)
Theory of Incentives
Game Theory
Topics in Microeconomics
Social Preferences
Seminar in Public Economics
Topics in Public Economics
Emerging Markets
Major Accounting and Finance
Accounting: Valuation
Accounting: Advanced Topics and Cases in Accounting
Accounting: Accounting Theory and Earnings Management
Accounting: Financial Accounting Research Group
Accounting: Master’s Thesis Seminar Accounting
Umwandlung von Unternehmen
Internationale Unternehmensbesteuerung
Steuerliche Gewinnermittlung / Umsatzsteuer und Verfahrensrecht
Master Tax Seminar
Advanced Corporate Finance
Private Equity
Introduction to Financial Economics
Case Seminar Advanced Corporate Finance
Master Thesis Seminar Corporate Finance
Master Thesis Seminar Financial Economics
Advanced Financial Economics – Corporate Finance
Advanced Financial Economics – Asset Pricing
Market Microstructure
Seminar Topics in Finance
Major Quantitative Management Science
Digital Marketing and Web Analytics
Seminar Information Systems
Applied Predictive Analytics
IT Security and Privacy
Customer Analytics and Customer Insights
Advanced Marketing Modeling
Seminar Marketing
Personnel Economics
Advanced Topics in Management
Incentives in Organizations
Financial Contracting
Network Based Energy Systems
Competition and Cooperation
Entrepreneurial and Behavioral Decision Making
Design of Decision Experiments
Master Seminar on Entrepreneurship and Innovation
Major Quantitative Methods
Time Series Analysis
Analysis of Panel Data
Advanced Econometrics
Estimation of Treatment Effects
Econometric Projects
Selected Topics in Econometrics
Statistical Programming Languages
Datenanalyse I
Datenanalyse II
Statistics of Financial Markets
Advanced Methods in Quantitative Finance
Selected Topics in Finance, Insurance and Mathematical Statistics
Multivariate Statistics and Non- and Semiparametric Modeling
Statistical Seminars
Selected Topics in History of Statistics
Selected Topics in Quantitative Methods


These courses should be completed at the School of Business and Economics. However, equivalent courses from different universities or equivalent courses offered during exchange semesters may be approved as well.

We recommended to use your Electives to become a specialist in the field of your Major!


Fachlicher Wahlpflichtbereich D: Wirtschaftswissenschaft

max. 30 credits

A maximum of 30 credits are allocated to your personal choice: either you aim at a stronger specialization in your Major or you diversify your knowledge in the fields on Economics and Management Science.

These 30 credits should be taken in Economics and Business content related courses. It is also possible to transfer up to 30 credits from an exchange semester here.

If you complete more credits within your major or the core courses, the number of credits points in the elective field decreases accordingly.

Professional Skills

10 credits (not graded)

The Professional Skills field complemets your highly analytical and theoretical education at the Humboldt-Universität. You are free to choose what kind of additions you want:

  • Language courses during your MEMS studies.

    Please note, that you cannot take courses in your mother tongue (or official language of your home country) or English courses in a level lower than C2 CEFR. The language course has to be completed during your MEMS studies - courses from before will not be recognized. Furthermore, the course cannot be from language schools, but rather has to be from a university. See for example https://hu.berlin/language-courses

  • If you wish to improve your soft skills, take courses from HU's Career Center (mostly in German), they offer courses like presentation practice, communication skills and alike: www.hu-berlin.de/career-center
  • Internship during your MEMS studies. To get the 10 credits, the internship must be related to your field of studies, at least 6 weeks long (full time).
  • Courses from other academic disciplines like mathematics, philosophy and so on. Look into the offers at "Überfachlicher Wahlpflichtbereich" in Agnes (HU's central course catalogue). Be aware that only graduate courses will be accepted. See for example https://hu.berlin/uwp
  • Portfolio Management Programm (PMP): This is a two-year program, in which students conduct financial and economic research to guide investment decisions in the first year and manage a portfolio of €1 million in the second year. https://www.esmt.org/degree-programs/masters-management/curriculum/portfolio-management-program

Master's Thesis

20 credits

It is recommended to complete your thesis within your Major. Keep in mind different prerequisites for each chair.


Language of Tuition

The main language of tuition is English and the program can be completed entirely in English! Even though German is not necessary for admission, knowing German will make your stay in Berlin more fun. That is why we strongly suggest that you learn German before coming to Germany. Some courses will only be held in German, however, the program is designed in a way that you can succeed without prior knowledge of the German language. German courses are offered every semester through the HU Sprachenzentrum.


Fast Track

Additionally, MEMS students have the opportunity to follow a special track oriented towards a PhD degree. Please note that students interested in completing this PhD program must apply separately to the Berlin Doctoral Program in Economics Management Science (BDPEMS). Further details can be found on their website https://bdpems.wiwi.hu-berlin.de



For Students who started before Fall 2016: Program Structure until 2015


Students must complete a total of 120 credit points in modules (lectures and seminars) of which 18 credit points are contributed by the Master thesis. 1 credit point is usually equivalent to 30 hours work load (school and at home, 1 SWS (weekly hour at school) is usually equivalent to 1,5 credit points.




Business Administration

Quantitative Methods

Compulsory Modules


24 credit points (study points, SP)

Introduction to Advanced Microeconomics (6SP)

Introduction to Advanced Macroeconomic Analysis (6SP)



General Management (12SP)


Specialization Areas




At least 18 credit points from each area (column)

Free choice of modules from the various fields of economics.

Details see www.wiwi.hu-berlin.de/en/professuren/vwl


For example:

  • Macroeconomics

  • Microeconomics

  • Monetary Economics

  • Labour Economics

  • European Integration

  • International Trade

  • Game Theory

  • Competition Policy

  • Economic History

  • ...


Free choice of modules from the various fields of management.

Details see www.wiwi.hu-berlin.de/en/professuren/bwl


For example:

  • Finance
  • Entrepreneurship and Innovation
  • Financial Accounting and Auditing
  • Business Taxation
  • Financial Economics
  • Management
  • Marketing
  • ...

Free choice of modules from the various quantitative fields.

Details see www.wiwi.hu-berlin.de/en/professuren


For example:

  • Statistical Analysis
  • Econometrics
  • Operations Research
  • Information Systems
  • Statistics and Finance
  • ...


Elective Modules
(maximum of 24 credit points)


Master’s Thesis
(18 credit points)

The courses at the School of Business and Economics are all part of a module system. When working through your degree, it is of vast importance that you pay close attention to the modules. Modules can consist of just one course, but may also include multiple courses. To check this you need to read the Modulübersicht (module overview) of your program.

There you can find which courses belong to which module and how many credit points each module will give you. Notice also that some modules are flexible and do not have a set number of credits assigned to them but rather a range. You can then choose a course combination inside this range. Modules are opened by passing the first course in that module. All modules must be closed to graduate, i.e. be aware that you may be forced to take other courses besides the one you chose first to close a module. If you are confused right now, don’t worry. All this will be explained in orientation weeks and it will get a lot clearer from there. For a description of the modules, please refer to the document "Module" at the webpage of the Registrar's Office:

MEMS Modules (as of 19.08.2015)

For an updated version please check:


For more detailed information, please download and carefully read the following legal documents: