MEMS Structure
Contens of this page:
- Program Structure
- Language of tuition
- Fast track
- Changing to the new study regulations (for "older" Intakes)
- 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: www.wiwi.hu-berlin.de/studium/pa/ordnungen (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:
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Core Coursesmin. 12 credits in each area (in total min. 36 credits)
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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
General Management (min. 12 credits) Fachlicher Wahlpflichtbereich B: General Management
Methodological Skills (min. 12 credits) Fachlicher Wahlpflichtbereich C: Methodische Grundlagen
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Majormin. 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 Steuerwirkungslehre 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 Finanzierungstheorie 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 Microeconometrics 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 Privatissimum 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! |
ElectivesFachlicher 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 Skills10 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:
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Master's Thesis20 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
Changing to the new study regulations for students starting before 2016
Starting in 2016, MEMS has new Studien- und Prüfungsordnungen (study regulations). The structure of the program will slightly change, allowing students to specialize in one area while keeping the flexible and student-friendly choice of courses. Furthermore, students will also have the option to obtain up to 10 credits for language classes.
The Intake 2016 will be automatically studying under the new study regulations. "Older" students will have the option to change into the new study regulations.
- If you'd like to change, just fill in the form and hand it in to the "Prüfungsbüro": www.wiwi.hu-berlin.de/studium/pa/ordnungen/formularma.pdf
- There are a couple of transistional rules. They can be found here: www.wiwi.hu-berlin.de/studium/pa/ordnungen/uebergangmems.pdf
Please note, that the change is irrevocalbe. There is no deadline for the change, the only thing is that you'd have to have at least one credit left to do. You may find a FAQ to the change here: www.wiwi.hu-berlin.de/studium/pa/ordnungen/faq_201216.pdf
The documents are available in German only, just visit the MEMS office if you have questions.
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.
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Economics |
Business Administration |
Quantitative Methods |
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Compulsory Modules
24 credit points (study points, SP) |
Introduction to Advanced Microeconomics (6SP) Introduction to Advanced Macroeconomic Analysis (6SP) |
General Management (12SP) |
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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:
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Free choice of modules from the various fields of management. Details see www.wiwi.hu-berlin.de/en/professuren/bwl
For example:
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Free choice of modules from the various quantitative fields.
Details see www.wiwi.hu-berlin.de/en/professuren
For example:
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Elective Modules |
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Master’s Thesis |
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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:
www.wiwi.hu-berlin.de/studium/pa/ordnungen
For more detailed information, please download and carefully read the following legal documents:
- Study Regulations: Studien- und Prüfungsordung (in German)
- Zulassungsbestimmungen (in German)
