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Humboldt-Universität zu Berlin -

Master of Science (M.Sc.) in Economics

 

The Master of Science in Economics course at Humboldt-Universität zu Berlin provides the analytical abilities and expertise orientated to the profile of a quantitatively-oriented economist with an interest in practical solutions to economic issues in a world which is increasingly complex and difficult to classify.

The degree course is designed as a two-year programme and consists of 120 credit points. You can prepare for doctoral studies during your master’s course by choosing suitable classes.

The faculty attaches great importance to the study conditions of the programmes being offered and continually evaluates its teaching sessions.

 

The course’s essential features are:

  • Quantitative orientation: Master’s students will discover Economics as a ‘hard’ subject: this means understanding scientific ambition and economic phenomena with logical precision and clarity. Equally important is the requirement to enable economic models to speak for themselves as regards their quantitative relevance. The focus is on handling quantitative data, statistical and econometric methodological work for data analysis, and computer activities, in order to derive quantitative statements from the models and verify their plausibility.
  • Theoretical foundation: You will learn to understand how economists think. Models are economists’ professional tools. They are used to organise ideas, understand theories, detect their limits and reveal any potential inconsistencies in order to develop improvements and enhancements and test alternative hypotheses to approach an understanding of reality step by step.
  • Research skills: Teaching at the HU Faculty of Economics and Business Administration is heavily research-oriented. This can be seen in the topics and emphases of the teaching programmes, as well as in the results of final theses. The best can claim to have delivered some progress in the academic field.
  • Internationality: Economics is a subject with an international orientation. The metropolis of Berlin is an almost perfect place to study economics. Our faculty has offered the ‘Master of Science in Economics and Management Science’ (MEMS) degree with an internationally-oriented emphasis for over 10 years. Students on the master’s degree course in Economics benefit from this experience. Teaching sessions are always held in English.
  • Initiative: Freedom in research and teaching also and especially means freedom for students, in particular when it comes to choosing their fields of study. Accordingly, our master’s course offers students extensive flexibility, which does however require personal initiative.

 

What else do I need? In addition to formal access and eligibility criteria we expect you to have an interest in economic topics and to enjoy scientific research, good quantitative and analytical skills, adequate computer skills, excellent English skills, self-organization ability and commitment.

 

Any questions? Use the office hours of our study office (wiwi-studberatung (at) wiwi.hu-berlin.de) or visit our consultation for VWL master students: for consultation hours and further information see here

 

Master's degree program in Economics, Study / Examination Regulations dated 17 August 2016 (Amtliches Mittelungsblatt 48/2016)

This site does not claim to be exhaustive. For each student, it is necessary to thoroughly read the relevant study and examination regulations (see also the pictorial representations of degree structure posted on the above-mentioned page).

 

Components of the program:

Compulsory Area (32 credits):

  • Econometric Methods (12 credits). This area provides the students with the necessary "tools" for scientific work. The students are enabled to understand the current knowledge of modern econimics. In addition, they are enabled to contribute to the scientific development of this discipline independently within the framework of the subsequent master thesis and subsequent professional activity.
  • Master thesis (20 credits). The master thesis represents the completion of your studies and represents an independent scientific achievement. In this thesis, which is created in a period of 90 days and with a volume of approx. 100,000 - 200,000 characters without spaces (approx. 60 text pages without attachment) apply your acquired scientific method competence independently to deal with a current research problem. During your master thesis you will be looked after regularly. If necessary, the results will be presented in a seminar. The application documents for the master thesis are available at the study office. Admission to the Master's thesis takes place if the prerequisites defined by the examiner are met. Procedure: You can obtain the application documents from the study office. On the registration form the date of the issue, the submission date and the topic to be worked on will be noted and the form is to be signed by the examiner. This application must then be submitted immediately to the examination or study office.

 

Disciplinary Compulsory Elective Area (78 credits):

Only 58 credits of the modules completed are included in the calculation of the total score.

 

Disciplinary Compulsory Elective Area A, Microeconomics and Macroeconomics (12 credits): In this area we offer courses from central and current areas of econimics. Through the selection of courses in this area, students are able to complement their respective previous education and thus ensure that they have broad knowledge in all relevant areas of economics. At least 12 credits are required from the following compulsory elective modules:

  • Introduction to Advanced Microeconomic Analysis (6 credits) oder Advanced Microeconomic Theory I (PhD-Level) (6 credits)
  • Introduction to Advanced Macroeconomic Analysis (6 credits) oder Advanced Macroeconomic Analysis I (PhD-Level) (6 credits)

 

Disciplinary Compulsory Elective Area B, Economics (18 credits): In the fields of economics, current and research-oriented specialist knowledge is taught. The students primarily work in small groups on current issues of economics. A minimum of 18 credits is required from the following areas:

  • 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

 

Disciplinary Compulsory Elective Area C, Economics und Methodological Skills (30 credits):

  • At least 24 credits are to be chosen from modules in economics. Students can can choose modules from specialization areas A and B.
  • At least 24 credits are to be chosen from modules in methodological skills (Statistics, Econometrics, Information Systems).

 

Disciplinary Compulsory Elective Area D, Wirtschaftswissenschaft (18 credits): In addition, 18 credits are to be chosen from the modules offered by the School of Economics and Business Administration (Economics, Business Administration, Methodological Principles). This area is very well suited for the recognition of modules with economic science content (eg from a semester abroad).

Note: If more than 60 credits are completed in areas A to C, area D is reduced accordingly.

 

Within the Master's Program, it is compulsory to visit at least two seminars, of which at least one seminar has to be completed at the School of Economics and Business Administration of the HU (the second seminar can also be completed and recognized during a semester abroad).

 

Interdisciplinary Compulsory Elective Area (ÜWP, 10 credits - ungraded):

This area has a volume of 10 credits. If grades are obtained, they are not taken into account in the calculation of the overall score. The following are eligible for this area:

  • Generic electives modules of other faculties of the HU
  • Language courses of the language centre (except language courses in the respective mother tongue or official language of the home country as well as German courses for foreigners and English courses under the level C2 GER)
  • Courses of the Career Centre (excluding introductory courses in economics and law)
  • Interdisciplinary and professional courses from other universities
  • Interdisciplinary and professional courses from abroad
  • Internship (10 credits, 6 weeks full-time, must have been completed during the Master's degree)

 

Requirements for recognition of internships

The internship needs to be in relation to the field of study and has to have a duration of at least 6 weeks (full-time). “Full-time” may vary in the companies, in some companies “full-time” may mean 38 hours or 39 hours per week.

For recognition of the internship you need to hand in:

  • A reference (issued by the company) which states the duration of the internship, the weekly workload and the tasks that have been worked on
  • A report (issued by the student) of about 2 A4 pages. The report needs to be a critic evaluation of the competencies acquired during the studies in respect to the working experience.

A recognition is only possible if the internship has been done during the Master’s. Also recognized as internships are:

  • Student jobs with a relation to the field of study with a duration of at least 240 hours
  • Professional activity in a company with a relation to the field of study of at least two years (during the Master’s)

Student assistant jobs in universities or in research institutes cannot be recognized as internships.

The recognition of the internships is handled in the examination office of the School of Business and Economics.

 

More information can be found at the website of the Examination Office/Examination Boards information resources.

 

Master's degree program in Economics, Study / Examiniation Regulations dated 05 December 2005 (Official Bulletin 54/2005), including changes (Official Bulletin 120/2015)

This site does not claim to be exhaustive. For each student, it is necessary to thoroughly read the relevant study and examination regulations (see also the pictorial representations of degree structure posted on the above-mentioned page).

 

Components of the program:

Economics (12 credits): In this compulsory area, we offer courses from central and current areas of economics: Advanced Micro- and Advanced Macroeconomics. Here, the students can complement their respective previous education and thus ensure that they have a profound knowledge in the relevant areas of economics. The following optional modules are to be selected:

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

 

Econometric Methods (12 credits):

The compulsory module "Econometric Methods" (12 credits) teaches students the necessary craftwork to not only be able to comprehend the scientific work of modern economics, but also to contribute to the scientific development of the discipline within the framework of the subsequent master thesis and subsequent professional activities.

 

Compulsory Electives in Economics (18 credits): In these courses, up-to-date and research-oriented specialist knowledge is taught. Within these fields, you are primarily working in small groups on current issues of economic theory. At least three compulsory elective modules from the following areas have to be completed:

 

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

 

Economics and Methodological Skills (30 credits): At least 24 credits are to be selected from the modules offered in Economics. It is also possible to select from the modules that are not used in the catalog of compulsory electives in Economics.

At least 6 credits are to be chosen from the modules offered in the methodological subjects (econometrics, statistics, information systems).

 

Elective Studies (30 credits):  The elective courses comprise 30 credits of the total of the study and are freely eligible. For example, you can use the elective studies for a semester abroad at one of our foreign partner universities. You can deepen the knowledge in the fields of economics even more, or you can take advantage of the Humboldt University's offer - one of the Germany’s leading universities – to expand your general knowledge. The choice is yours!

Language courses at the Language Centre as well as courses at the Humboldt University's Career Centre may be taken, but are not included in the elective studies of the program. The recognition of an internship is also excluded.

 

Seminars: Within the Master's Program, two seminars are compulsory. At least one seminar has to be completed at the School of Economics and Business Administration (the second seminar can also be completed during a semester abroad).

 

Master Thesis (18 credits): Your master's thesis marks the completion of your studies and represents an independent scientific achievement. In this thesis, which is created over a period of 90 days, you apply your acquired scientific method competence independently to deal with a current research problem. During the work on the master thesis, the students are regularly supervised. If necessary, the results will be presented in a seminar. The application documents for the master thesis are available at the Study Office. Admission to the Master's thesis takes place if the prerequisites defined by the examiner are met.

 

More information can be found at the website of the Examination Office/Examination Boards information resources.

 

Any further questions? Send an email to wiwi-studberatung@wiwi.hu-berlin.de or make use of the office hours of the Student Advisory Centre or the Economics Course Advisory Service: Prof. Weinke (wpol@wiwi.hu-berlin.de; For office hours, click here)