Degree: Master of Science (M.Sc.)
Standard period of study: 4 semesters (2 years)
ECTS credits: 120–126
(introductory phase: 30 ECTS credits, elective modules in the advanced phase: 90–96 ECTS credits)
Language of instruction: English
Language proficiency: English; for further information on the required proof of language proficiency see “Admission requirements and selection”
Program start: Fall semester (September)
Academic calendar
School: School of Law and Economics, Department of Economics
Semester fee: € 204,30 (further information)
Tuition fees for international students from non-EU countries: €1,500
Tuition fees for a second degree: €650
The master's program in Economics is taught completely in English. It is guided by a qualitative approach and based on mathematical key principles. Methodical as well as theoretical specialist knowledge is imparted in three specializations in the advanced phase which are structured differently in terms of content and structure. The program is therefore aimed both at those who are interested in a career in business and those who wish to embark on an academic career.
In the introductory phase, advanced knowledge in macro- and microeconomics as well as in econometrics is imparted. Our students are thus perfectly prepared to deal with theoretical and empirical work in economics and related fields in an independent, systematic and well-founded manner. In addition, necessary theories and methods for the further course of studies are imparted.
The further course of study depends on the specialization chosen in the advanced phase:
Studying in Mannheim means studying at one of the most renowned institutions for Economics in Europe. Independent national and international rankings have confirmed the outstanding quality of research and teaching at our university on a number of occasions. The Department of Economics is repeatedly ranked as top university in the CHE University Ranking, the QS World University Ranking by Subject, the Time Higher Education Ranking or the 2019 THE Europe Teaching Rankings.
The University of Mannheim is part of a global network: Students enrolled in the master's program in Economics have the opportunity to participate in the double degree program ENTER Research Masters and to obtain a double degree at a renowned European partner university.
Outstanding students can also directly join the doctoral program in Economics at the Graduate School of Economics and Social Sciences (GESS) in Mannheim and thus save two years compared to the duration of a conventional combination of a master's degree and a subsequent doctoral program.
Our teachers have leading positions in various fields of research. In addition, the Department of Economics cooperates with well-known companies and institutions such as the neighboring Center for European Economic Research (Zentrum für Europäische Wirtschaftsforschung, ZEW), the German Monopolies Commission and the Competition Commission of Singapore.
Economists may be employed wherever an understanding of economic issues is required.
Depending on their specialization, they can work, for example, in ministries and international organizations, in politics, or in the banking and insurance sectors. Administrative departments at federal, state and community institutions, the European Central Bank, the Bundesbank, the Federal Statistical Office, and treasuries and associations are some of the most important employers for economists. In addition, it is possible to work in business consulting or business journalism.
Economists can also pursue a career in academia either in Germany or abroad.
Students of the master’s program in Economics should
Module catalog
The module catalog gives you an overview of the courses and their content.
Studying abroad
During the master's program, spending a semester abroad is optional. If you would like to study abroad, you have various options.
The University of Mannheim is well-connected internationally, and has around 450 partner universities around the world. Students enrolled in the master's program in Economics can thus apply not only for university-wide programs but also for program-specific placements, for example at the Hong Kong University of Science and Technology (HKUST).
In addition, they have the opportunity to participate in the double degree program ENTER Research Masters and to obtain a double degree at a renowned European partner university.
Internships
Completing an internship during the master’s program in Economics is optional. If you would like to do a voluntary internship, the School of Law and Economics, thanks to its strong business contacts, will be in the best position to assist you with the organization. For example, the Department of Economics arranges tailor-made internships with our cooperation partners for students in the Competition and Regulation and Economics tracks.
Outstanding students can also directly join the doctoral program in Economics at the Graduate School of Economics and Social Sciences (GESS) in Mannheim and thus save two years compared to the duration of a conventional combination of a master's degree and a subsequent doctoral program.
Graduates of the master’s program in Economics have a very good chance of gaining a doctoral position at a chair or in a renowned doctoral program.
Doctoral programs and opportunities at the Department of Economics
General information on doctoral studies at the University of Mannheim
Applicants need to have a bachelor's degree in Economics or an equivalent bachelor's degree corresponding to at least 180 ECTS credits or having a standard period of study of at least 6 semesters. At the time of applying, the final grade of the bachelor's degree or the current grade average of the coursework and examinations completed shall be 2.5 or better (German grading system). Degrees from neighboring fields such as Business Administration, Social Sciences, Political Science or Mathematics can only be recognized as equivalent by the admissions committee if the following minimum requirements are fulfilled:
Selection
We take a variety of criteria into account in our selection process:
Language requirements
You must be proficient in English. We accept the following as proof of language proficiency:
Selection statutes
Under “Admission requirements and selection” we have compiled the most important selection criteria of the program for you. For more detailed explanations of the selection process and the legally binding requirements of the degree program, please refer to the selection statutes.
The University of Mannheim is the most popular university in Germany
In the students' vote on the Studycheck.de platform, the University of Mannheim has reached the top position among all universities. This makes the University of Mannheim the most popular university in Germany.
read more about the award (in German)