Humboldt-Universität zu Berlin - School of Business and Economics

Master of Science (M.Sc.) in Economics

Facts and figures about the programme

Degree: Master of Science (M.Sc.)

Standard period of study: 4 semester (2 years)

Programme wokload: 120 ECTS credit points (CP)

Language of instruction: Mainly English

Start of study: Winter semester (October). Overview of semester dates

Semester fee: The semester fee includes the enrollment fee, the contribution to the Student Union and the student transport ticket (ABC + bicycle). More detailed informationis available on this homepage.
Programme objectives

The programme Master of Science in Economics aims to convey the analytical skills and expertise of a quantitative-oriented economist interested in practical solutions to economic problems in a world that is increasingly complex and difficult to classify.

The master's degree programme in Economics is designed to last two years. As a part of the master's degree programme, it is possible to prepare for a doctoral degree programme by selecting suitable courses.

The Faculty attaches a great deal of importance to ensuring the offered programmes can be completed within the standard period of study and regularly evaluates the courses.

The main features of the programme include:

Quantitative focus: For master's students who view economics as a "hard" subject, there is an academic ambition to understand economic phenomena with logical precision and clarity. It is just as important as letting the economic models and their quantitative relevance speak for themselves. The main focus is on dealing with quantitative data, statistical and econometric methods for data analysis, and computers to derive quantitative statements form the models and to check their plausibility.

Theoretical foundation: You will learn to understand how economics think. Economists' toolkits are made up of models. They serveto organise their limitations and uncover possible contradictions in order to develop improvements and expansions, test alternative hypotheses and thus gradually come closer to recognising reality.

Research skills: Teaching at the School of Business and Economics at Humboldt-Universität is heavily research-oriented. This is not only in the topics and focuses in the teaching programme, but also in the results of students' thesis, the very best of which aim to take science one step further.

Internationality: Economics is a subject with an international outlook. This is why the metropolis of Berlin is an ideal location for studying economics. We have a large number of international students. Humboldt-Universität maintains relationships with partner universities the world over, while both promoting and eagerly anticipating international student exchanges. The majority of courses are offered in English.

Self-initiative: Freedom of research and teaching also means freedom for students to choose their fields of study, among other things. With that in mind, our master's degree programme offers students a great deal of flexibility, which, in turn, requires a great deal of initiative.

Interests and skills you should have

In addition to the formal entry and admission criteria, we expect you to be interested, first and foremost, in economic issues, to enjoy scientific work, and to possess sound methodological and analytical skills, sufficient IT skills, a very good level of English, self-organisation skills, and commitment. 

You can find subject-specific information on the entry and admission requirements for the master's degree programme Economics as well as the selection criteria through our link to the application form.

Other helpful homepages:

Study Programmes and applications at the Humboldt-Universität zu Berlin
NC values and frequently asked questions

Applications to be entered into a higher semester (change of univrsity/ lateral entry) can be submitted for the winter semester (application period: 1 to 31May of the year in question) or the summer semester (application period: 1 December to 15 January of the year in question). You can find additional information on placement in a higher semester on the homepage of the Examination Office.
Structure of the programme

Core modules (32 CP):

  • Econometric Methods (12 CP). The compulsory module "Econometric Methods" provides students with the necessary tools not only to understand scientific work in modern economics, but also to be able to make a contribution to the scientific development of the discipline as part of their subsequent master's thesis and in their subsequent professional activity.
  • Master's thesis (20 CP)

Catalogue of specialised electives (total 78 CP):
From the catalogue of specialised electives, 58 CP of the highest-graded modules are included in the overall grade.

Catalogue of specialised electives A, Micro- and Macroeconomics (12 CP):
In this catalogue, we offer courses covering central and current areas of economics: Advanced Microeconomics and Advanced Macroeconomics. By selecting courses from this catalogue, students can complement their respective educational backgrounds in a targeted manner, this ensuring they have a broad knowledge of all the relevant areas of economics. The following elective modules are to be selected:

  • Introduction to Advanced Microeconomic Analysis (6 CP) or Advanced Microeconomic Theory I (PhD-Level) (6 CP)
  • Introduction to Advanced Macroeconomic Analysis (6 CP) or Advanced Macroeconomic Analysis I (PhD-Level) (6 CP)


Catalogue of specialised electives B, Economics (18 CP):

The in-depth courses provide up-to-date and research-related specialist knowledge. Within these specializations, work is primarily carried out in smaller groups on current issues in the field of economics. At least three elective modules from the following catalogue must be completed:

  • Advanced International Trade: Theory and Empirics
  • Advanced Labor Economics
  • Empirical Labor Economics
  • Competition Policy
  • Advanced Monetary Economics
  • Information Economics
  • Decision-Making under Uncertainty
  • Public Economics


Catalogue of specialised electives C, Economics and Methodology (30 CP):

  • At least 24 CP are to be selected from the Economic module offering. It is also possible to choose modules from catalogues A and B that have not already been completed.
  • At least 6 CP are to be selected from the modules offered in the methodological subjects (statistics, econometrics, information systems).


Catalogue of specialised electives D, Business and Economics (18 LP):
Furthermore, 18 CP are to be selected from the modules offered by the School of Business and Economics (Economics, Business Administration, Quantitative Methods). This catalogue is well suited for the recognition of modules with a focus on economics (e.g. from a semester abroad).

Please note: If more than 60 CP are completed in catalogues A to C, catalogue D is reduced accordingly.

Catalogue of interdisciplinary electives (ÜWP, 10 CP - ungraded):

The catalogue of interdisciplinary electives has a workload of 10 CP. It is mandatory and cannot be replaced by selecting further modules offered by the Faculty.

Achievements are recognised  without grades. If applicable, grades awarded for courses from the ÜWP are not taken into account in the calculation of the final grade. The following achievements in this catalogue can be recognised:

  • Interdisciplinary elective modules from other Faculties of Humboldt-Universität zu Berlin (except for the module Basic Knowledge of Civil and Commercial/Corporate Law of the Faculty of Law of the HU zu Berlin)
  • Language courses at the Language Centre (excluding language courses in the mother tongue or official language of the respective home country, all German courses for foreigners under B2 level and English courses under C2 level GER)
  • Career Center cources (excluding introductory courses in economics and law)
  • Interdisciplinary and specialised courses of other universities
  • Interdisciplinary and specialised courses abroad
  • Economics-related internship
  • Portfolio Management Program (PMP)

Prerequisites for the recognition of an internship:

The internship must be related to economics and last at least 6 weeks (full time). The definition of "full time" may vary from company to company. In some companies "full time" is also 38 or 39 hours per week. A 12-week internship with half of the regular full-time hours will also be recognised.

In order for the internship to be recognised, you must submit:

  • A certificate of employment (issued by the employer) stating the duration of the internship, the weekly working hours and the tasks involved.
  • An internship report (written by the student) amounting to 2 A4 pages. The internship report should provide a critical reflection on the skills acquired in the programmein relation to the professional experience gained.

The internship can only be recognised if it was completed during the master's degree programme.

Employments contracts for jobs as student assistants in universities or academic research institutes cannot be recognised as internships.

The recognition of internships falls within the purview of the Examination Office of the School of Business and Economics.

Regarding the master's thesis:
The master's thesis marks the conclusion of the programme and is an independent academic undertaking. When writing your thesis, which is completed over a period of 90 days and should amount to about 100,000 - 120,000 characters without spaces (roughly 60 pages of text without appendices), you independently apply the scientific methodological skills you have aquired in order to address a contemporary research problem. While writing your master's thesis, you will receive regular supervision. If applicable, your results are to be presented in a final seminar. The registration documents for the master's thesis are available at the Examination Office. Students are admitted to the master's thesis if the requirements set by the examiner are met.

Procedure: You collect the registration documents from the Examination Office. The topic to be covered as well as the date the topic was assigned by the examiner must be included on the registration form, which in turn must be signed. This registration form must then be submitted immediately to the Examination Office. You will then receive written confirmation of the registration as well as information about all related deadlines.

Information and formal suggestions are available in the ""Guidelines for students on scientific work". Please also adhere to any specifications from your examiner.

Related links:

Continued study

Any questions? Send an email to wiwi-studienberatung(at) or drop in during the consultation hours of study Office or the course advisors for Economics: For consultation hours and further information, see here