Master in Economics and Management Science (M.Sc.), MEMS
Degree: Master of Science (M.Sc.)
Standard period of study: 4 semesters (2 years)
Programme workload: 120 ECTS credit points (CP)
Language of instruction: English
Start of study: Winter semester (October).
The aim of Master in Economics and Management Science (M.Sc.), known as MEMS, is to impart economic knowledge and competencies to students to enable them to work successfully both in professional practice and in the field of research. The specialty of the MEMS program lies in the combination of business and economic content with the simultaneous specialization (major) in a certain subject area of business administration or economics.
The main learning and qualification objectives of the course include:
Quantitative orientation: You will be capable to work with quantitative data, the statistical and econometric method for data analysis and the corresponding software and to derive quantitative statements from models and check the plausibility.
Theoretical foundation: You will think like economists, can understand economic views, understand economic theories and know their limits and differentiate between contradictions. You can test the capability of the hypotheses and their alternatives. You will be able to orientate the global reality better step by step.
Research competence: You will construct your mindset in a research-oriented way and can deal with topics in your thesis scientifically. You will acquire the methodological prerequisites to understand economics as science and, if necessary, to advance your research competence through a doctorate.
Internationality: You will get to know the international research landscape and international partner universities and have an international network through your studies at the Humboldt-Universität zu Berlin.
In addition to the formal entry and admission criteria, we expect you to be interested, first and foremost, in economic and business issues, to enjoy scientific work, good methodological and analytical skills, sufficient IT skills, a very good level of English, self-organization skills, and commitment. und Engagement.
Admission is no longer possible for this degree program.
Core modules (20 CP):
Master's thesis (20 CP)
Catalogue of specialised electives (total 90 CP):
From the catalogue of specialised electives, 70 CP of the highest-graded modules are included in the overall grade. The following areas are to be studied:
Specialised Major (24 CP):
In this area you have the opportunity to specialize in one of the following areas of economics and business, e.g. B. to write your master's thesis or later a doctorate in this area:
- Macroeconomics
- Microeconomics
- Accounting and Finance
- Quantitative Management Science
- Quantitative Methods
Cataloug of specialised electives A: Micro- and Macroeconomics (12 CP):
In this area we offer events from central and current areas of economics: Advanced Micro- and Advanced Macroeconomics. Here, the students can specifically supplement their previous education and thus ensure that they have foundational knowledge in the relevant areas of economics. The following elective modules are to be chosen:
- Introduction to Advanced Microeconomic Analysis (6 CP) or Advanced Microeconomic Theory I (PhD-Level) (6 CP)
- Introduction to Advanced Macroeconomic Analysis (6 CP) oder Advanced Macroeconomic Analysis I (PhD-Level) (6 CP)
Cataloug of specialised electives B: General Management (12 CP):
In this area we offer events from central and current areas of business administration. You can gain an insight into the core areas of business administration. At least 12 credit points are required from the following elective modules:
- Marketing Management (6 CP)
- Financial Accounting and Analysis (6 CP)
- Grundzüge der Besteuerung (6 CP)
- Finance Theory (6 CP)
- Organization and Management (6 CP)
- Business Analytics and Data Science (6 CP)
- Economics and Entrepreneurship (6 CP)
Cataloug of specialised electives C: Methodological basics (12 CP):
In the area of methodological basics, you will learn the necessary basic tools to understand theoretical models in the field of economics and to independently carry out data analyse, e.g. in your master's thesis. At least 6 CP are to be chosen from the following modules in the methodological subjects:
- Econometric Methods (12 CP) or
- Applied Econometrics (6 CP) + Multivariate Statistical Analysis (6 CP)
Cataloug of specialised electives D: Economics (30 CP):
In addition, 30 CP should be selected from the modules offered by the Faculty of Business and Economics (Economics, Business Administration, Quantitative Methods). You can either deepen your knowledge related to your desired major or gain an insight in other areas of economics. This area is also very suitable for the recognition of modules with an economic content (e.g. from a semester abroad).
Note: If more than 60 CP are completed in the areas of specialization (major) and A to C, area D is reduced accordinly.
Catalogue of interdisciplinary electives (ÜWP, 10 CP - ungraded):
The catalogue of interdisciplinary electives has a workload of 10 credit points. 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 cources from the ÜWP are not taken into account in the calculation of the final grade. The recognition of the ÜWP falls within the purview of the Examination Office of the School of Business and Economics. Detailed requirements for credit toward the ÜWP can be found here (see page 1).
About the internship (not a mandatory internship):
The internship must be related to the field of study, which must be stated in a cover letter (about 2 pages). In addition, an internship certificate, issued by the employer (job description, duration of the internship and weekly working hours) must be submitted to the Examination Office. The internship must last of at least 6 consecutive weeks (full time). The definition of "full time" may vary from company to company. In some companies "full time" is also 38 h or 39 hours per week. A 12-week internship with half of the regular full-time hours will also be recognised. The internship must be completed during the master's program.
Employments contracts for jobs as student assistants in the universities or academic research institutes, as well as self-employment, cannot be recognised as internships.
The recognition of the internship falls within the purview of the Examination Office of the School of Business and Economics. Detailed requirements for credit toward an internship can be found here (see page 2).
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 (in German) 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:
Any questions? Send an Email an mems(at)wiwi.hu-berlin.de or drop in during the consultation hours of MEMS-Office or the course advisor MEMS: For consultation hours and further information see here.