You can choose the direction of your studies and select one of 2 tracks: The applied track focuses on solving concrete economic problems or the science track. The 14 specializations help to follow your individual goals.
WU currently partners with 18 universities worldwide, offering exchange opportunities at some of the most renowned institutions for economics.
Research and Policy Seminars give students the opportunity to develop their own research projects in small groups and working closely with course instructors.
One of the program’s main focal points is empirical data analysis, which is applied to specific, real-life questions in over half of the courses offered.
Graduates enjoy a broad range of attractive career opportunities and typically secure a job within three months after graduation.
The master’s program
The Master’s Program in Economics offers an Applied Track (AT) and a Science Track (ST). In the first year, students acquire solid skills in economic theory and empirical data analysis. The second year focuses on in-depth analyses of policy and business topics based on cutting-edge economic research.
The Applied Track (AT) prepares students for careers in government, business, or NGOs. It focuses on problem-solving skills and empirical data analysis.
The Science Track (ST) is designed for students who would like to pursue a career in economic research. It puts strong emphasis on the mathematical and statistical foundations and on advanced economic theory and methods. The Science Track (ST) offers a fast-track option leading over to WU's PhD Program in Economics.
- Admission
Our students are critical thinkers passionate about intriguing economic questions such as growth, inequality, development, or economic crises. They have strong analytical skills and appreciate diversity. At least half of the students come from an international background.
Prerequisites for this master’s program include:
› A relevant prior degree worth a minimum of 180 ECTS credits
› Examinations in economics worth at least 25 ECTS credits
› Examinations in mathematics, or statistics, quantitative methods, or econometrics worth at least 8 ECTS credits
› Sufficient proficiency in English
› Proof of aptitudeYou can find th detailled information about the application requirements in our application guide: application guide
Further information on tuition fees can be found here.
- Program structure and content
1. semester 2. semester 3. semester 4. semester 1. half term 2. half term 1. half term 2. half term 1. half term 2. half term 1. half term 2. half term Introductory Week Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered Foundations of Economics Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Macroeconomic Models and Methods Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Econometrics and Empirical Economic Research Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Game Theory Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Compulsory Electives: Political Economy, Economic Policy, Business Analytics (choose 2 out of 3) Is offered Is offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Public Economics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Microeconomic Models and Methods Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Microeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Macroeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Topics in Macroeconomic Theory and Policy Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Topics in Applied Microeconomics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Game Theory Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Mathematics I Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Probability and Statistics Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Econometric Models and Methods Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Macroeconomics I and II Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Microeconomics I and II Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Mathematics II Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Microeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Macroeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered Field Courses (AT choose 4 out of 14, ST choose 3 out of 14) Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Research and Policy Seminars (choose 2 accompanying your field courses) Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Elective Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Master's Thesis Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Master's Thesis Conference Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered Is offered Is offered 1. semester 2. semester 3. semester 4. semester 1. half term 2. half term 1. half term 2. half term 1. half term 2. half term 1. half term 2. half term Introductory Week Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered Foundations of Economics Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Macroeconomic Models and Methods Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Econometrics and Empirical Economic Research Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Game Theory Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered AT - Compulsory Electives: Political Economy, Economic Policy, Business Analytics (choose 2 out of 3) Is offered Is offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Public Economics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Microeconomic Models and Methods Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Microeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Macroeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Topics in Macroeconomic Theory and Policy Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered AT - Topics in Applied Microeconomics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Game Theory Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Mathematics I Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Probability and Statistics Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Econometric Models and Methods Is offered Is offered Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Macroeconomics I and II Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Microeconomics I and II Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Mathematics II Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Microeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered ST - Advanced Macroeconometrics Is not offered Is not offered Is offered Is offered Is not offered Is not offered Is not offered Is not offered Field Courses (AT choose 4 out of 14, ST choose 3 out of 14) Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Research and Policy Seminars (choose 2 accompanying your field courses) Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Elective Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Master's Thesis Is not offered Is not offered Is not offered Is not offered Is offered Is offered Is offered Is offered Master's Thesis Conference Is not offered Is not offered Is not offered Is not offered Is not offered Is not offered Is offered Is offered - Master of Science, MSc (WU)
The program equips students with the skills necessary for solving complex economic problems in a digital, globalized world facing multiple challenges. A Master of Science degree qualifies graduates of the applied track for a career in government, business, or an NGO, e.g. in the field of consulting, finance, or insurance. Graduates of the science track can work in various areas, including economic research.
Living the student life
Program Manager
Ask us
Do you have any further questions? As program manager, I’m here to answer any questions or requests you may have, right from the start. To get in touch, please use the online contact form or send an email to MasterEcon@wu.ac.at.
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