In the last 10 years the demand for graduates of economics with quantitative knowledge has increased sharply. This includes solid training in formal economic theory as well as comprehensive training in statistics and econometrics. If you consider the ever-increasing availability of large data sets and the decisions based on them both in public authorities and in companies, the growing demand for well-trained economics graduates opens up. The new course takes this need into account. The methodologically comprehensive training enables graduates of the degree program to undertake demanding activities in research institutions, international organizations, authorities / ministries, Companies and economic advice to take over. The quantitative as well as application-oriented orientation of economics at Heinrich-Heine-Universität Düsseldorf is the ideal basis for such a course, both from a content perspective and due to the many practical contacts that enable students to connect to the professional world.
This course is a quantitative and research-oriented English-language course. In contrast to many other master’s courses in economics, it contains a compulsory area that raises both the theoretical and methodological training of the students to a significantly higher level.
Innovative teaching concepts within the framework of the “Reading Courses” and the “Economics Seminars” underline the novel character of the course. The course is aimed primarily at students who later want to work in research and research-related institutions.
The program begins with international basic courses in the sub-areas of microeconomics, macroeconomics and econometrics at the master’s level. In many master’s degree programs, this is the compulsory scope of courses in economics. This is exactly where the course goes a significant step further and incorporates advanced courses in economic theory and econometrics into the compulsory part of the course (this includes, for example, MV03 and MV08, but also MV09, MQV09 and MQV10). This gives the students access to modern economic research on the one hand and thus a rapid transition to a doctorate and, on the other hand, demanding,
In addition to the compulsory part, there is an extensive range of compulsory elective modules from economics and business administration so that you can individualize the course according to your own wishes. In addition, a reading course will be integrated into the course in order to enable students at an early stage to critically examine the latest economic research literature. Innovative teaching concepts are also used in the key qualifications (Economics seminars 1 and 2). In the first seminar, students prepare reports on the basis of presentations of the latest research work in which they assess the strengths and weaknesses of the work (“referee reports”).
The critical appraisal of the research results achieved is an essential ability of scientists and an important part of the course. In the second seminar, the students prepare their first research work and present it in workshops based on the format of research seminars.
The six-month master's thesis also enables you to complete your own extensive research at the end of the course. This form of master’s degree has the advantage that it enables direct connection to graduate colleges, such as the DICE graduate college “Competition Economics (DFG GRK 1974)”.
We offer a wide range of elective modules:
Economics e.g. International Trade, Advanced Labor Economics, Advanced Econometrics 2, Advanced Topics in Empirical Economics, Industrial Economics, Competition Law and Policy, Experimental Economics, Behavioral Economics or Public Economics
Business Administration e.g. Entrepreneurial Management and Finance, Sustainability Management Research, Sustainability Management Instruments and Theories or Sustainability Management Practice
The start of the master’s degree in Economics is possible in the winter semester and summer semester. In order to be able to enroll in the Master’s degree in Economics, special aptitude must be demonstrated. This will be checked by a selection committee of the Faculty of Business and Economics on the basis of the documents submitted.
This only includes the following criteria:
If the course has not yet been completed, at least 75% of the ECTS of the entire Bachelor course must have been achieved. The required specialist knowledge must be proven when applying. It is not possible to make up for missing ECTS as part of the master’s degree in economics at Heinrich Heine University. We reserve the right to make further changes. Only the information in the aptitude test regulations and their changes are decisive.
In addition, proof of sufficient knowledge of the English language must be provided. The following certificates are recognized:
This evidence is provided, for example, by submitting a German Abitur certificate, from which it can be seen that English has been consistently taken up to the end of qualification phase 1 (grade 11 for G8 Abitur, otherwise grade 12) and completed with at least sufficient performance.
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