Overview
Course Details
University | LMU – Ludwig-Maximilians-Universität München |
Program Name | Quantitative Economics |
Degree | M.Sc. (Master of Science) |
Subjects | Economics, Quantitative Economics |
Language | English |
Study Mode | On campus |
Application Deadlines | Winter semester: 15 Mar |
Duration | 2 Years (starting: Winter semester) |
Tuition Fees | Free |
Qualification Requirements | Bachelor’s degree in economics, GRE test score |
Language Requirements | CEFR English min C1, IELTS min 7, TOEFL iBT min 95 |
Application Procedure | Directly at the University |
Application Fee | None |
Admission Documents
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- Academic Qualifications:
- Bachelor’s degree certificate with grades and grading scale.
- Course summaries or transcripts.
- Non-English/German documents need official translation.
- For Ongoing Bachelor’s Students:
- Transcript of current results, including an average grade.
- Minimum 75% of bachelor’s requirements completed.
- GRE Scores: Upload GRE results or use ETS code 1883. If late, take LMU Munich admission test with 2 weeks’ notice.
- English Proficiency
- Motivation Letter:2,000-3,000-character letter in English explaining your goals.
- CV: Upload your English CV.
- Academic References:Provide two professor contacts for recommendation letters.
Important Notes:
- Adhere to application deadline.
- Submit via the online tool.
- Incomplete applications not processed.
- Reapplication is allowed if rejected.
- Rejection doesn’t affect Master of Economics application.
Career opportunities
- Economic Analysis: Graduates can work as economic analysts, using quantitative skills to analyze economic trends, forecast future economic conditions, and provide data-driven insights to governments, financial institutions, and businesses.
- Financial Sector: Many opportunities exist in the financial sector, including roles in investment banking, asset management, risk analysis, and financial modeling. Quantitative economists are highly sought after for their ability to assess and mitigate financial risks.
- Policy Analysis: Graduates can pursue careers in public policy analysis, working with government agencies, think tanks, and research organizations to develop and assess economic policies and their impact on society.
- Data Science and Analytics: With strong quantitative and statistical skills, M.Sc. graduates can work in data science and analytics roles, particularly in industries where data-driven decision-making is crucial, such as healthcare, marketing, and technology.
- Academia and Research: For those interested in academia and research, this degree can serve as a stepping stone to pursue a Ph.D. in economics and eventually become professors or researchers at universities and research institutions.