Master's Program Economics

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MSc Eco­nom­ics is an in­ter­na­tion­ally ori­ented, two-year Mas­ter's pro­gram taught in Eng­lish. You can choose between an Ap­plied Track and a Science Track, se­lect your fa­vour­ite areas of spe­cial­iz­a­tion and study for a semester at a renowned in­ter­na­tional part­ner uni­versity. The pro­gram provides stu­dents with a thor­ough un­der­stand­ing of eco­nomic the­or­ies and state-of-the art em­pir­ical meth­ods, ap­ply­ing them to a broad range of policy and busi­ness top­ics.

Econom­ists tend to be curi­ous, data-hungry people who want to base com­plex de­cisions on solid em­pir­ical evid­ence. Hence our pro­gram web­sites provide lots of data you can ex­plore for your ap­plic­a­tion de­cision. If you have any ques­tions, please con­tact us at Master­Econ­@wu.ac.at.

Guido Schäfer, Program Director, WU Master's Program Economics

One Pro­gram, Two Tracks

The mas­ter's pro­gram is a two-year full-­time pro­gram for stu­dents hold­ing a bach­elor's de­gree in eco­nom­ics or a re­lated field. You can ap­ply either for the Ap­plied Track or the Science Track.

The Ap­plied Track pre­pares stu­dents for ca­reers in eco­nomic policy, so­ci­ety, and busi­ness. The Science Track is tailored to the needs of stu­dents pur­su­ing a ca­reer in scien­ti­fic re­search.

Op­por­tun­it­ies and Choice

Our stu­dents care most about the big eco­nomic ques­tions such as poverty, inequal­ity, sus­tain­able growth, glob­al­isa­tion, or eco­nomic freedom. The pro­gram caters to these in­terests by of­fer­ing 11 areas of spe­cial­isa­tion. Stu­dents can choose from such a broad range of sub­jects be­cause WU is one of the biggest uni­versit­ies for eco­nomic edu­ca­tion in Europe.

A Global Net­work of Renowned Part­ner Uni­versit­ies

WU has a strong net­work of in­ter­na­tional part­ner uni­versit­ies whose course of­fer­ings are flex­ibly in­teg­rated into our cur­riculum. The WU Eco­nom­ics Mas­ter's Pro­gram al­lows you to study (al­most) any area you are in­ter­ested in at some of the in­ter­na­tion­ally most renowned aca­demic in­sti­tu­tions.

A Qual­ity De­gree with a Ster­ling Repu­ta­tion in the Job Mar­ket

For many dec­ades WU alumni have been tak­ing top pos­i­tions in busi­ness, gov­ern­ment, and so­ci­ety. Hence em­ploy­ers in Europe and bey­ond ap­pre­ci­ate the value of a WU de­gree. Our gradu­ates pur­sue a broad range of ca­reers as they have ac­quired the skills ne­ces­sary to mas­ter many chal­len­ging tasks.

A Science Track for Aspir­ing Young Re­search­ers

The Science Track at WU equips stu­dents with the ne­ces­sary the­or­et­ical and meth­od­o­lo­gical know­ledge to pur­sue a ca­reer in scien­ti­fic re­search. In­ter­na­tion­ally pub­lish­ing pro­fess­ors closely in­ter­act with a small group of stu­dents to develop their skills. As a gradu­ate you may take a re­search pos­i­tion, ap­ply for a chal­len­ging in­ter­na­tional PhD pro­gram or use the fast-track op­tion into the se­lect­ive Eco­nom­ics Ph.D. Pro­gram at WU.

Ex­per­i­en­cing Eco­nom­ics Bey­ond Aca­dem­ics in Vi­enna

Vi­enna is the cap­ital of Aus­tria and one of the biggest cit­ies in the European Union. You find plenty of op­por­tun­it­ies to get in­volved into eco­nom­ics as there are many in­ter­na­tional or­gan­iz­a­tions, headquar­ters of in­ter­na­tional com­pan­ies, Aus­trian gov­ern­mental in­sti­tu­tions, re­search in­sti­tutes, think tanks, NGOs etc. Even the cur­rent head of state is an econom­ist who has pub­lished in Econo­met­rica.


Top ranked

Lead­ing in Re­search

The WU De­part­ment of Eco­nom­ics has con­sist­ently belonged to the top group of eco­nomic re­search in­sti­tu­tions covered by the Han­dels­blat­trank­ing, the most au­thor­it­at­ive re­search rank­ing for Switzer­land, Ger­many, and Aus­tria. In the most re­cent sur­vey the WU De­part­ment of Eco­nom­ics was ranked num­ber two in Aus­tria (head-to-­head with the Uni­versity of Vi­enna).

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