Masters

Master of Science in Economics

Ludwig-Maximilians-University Munich

München, Germany

Program Overview

The Master of Science in Economics programme provides students with analytical and logical problem-solving skills as well as a deepening of their knowledge in economics,...

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Financials

Tuition FeesNone
Living Expenses11904 euros (living expense) plus semester contribution
Note: Most public universities in Germany are tuition-free. You only pay a semester contribution (~EUR 300) which usually includes a public transport ticket.
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Intakes and Duration

Intake Season

Winter (October)

Duration

4 semesters

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Career Outcomes

You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.

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Salary Outlook

Typical range

€45,000 – €75,000 per year

Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.

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Language & Exams

Teaching Language

English

Evidence of sufficient knowledge of English is required, which may be proven either by a university degree at an English-language institution of higher education or by a TOEFL score of at least 80 points (iBT) or an academic IELTS score of 6.5 points.

IELTS required (IELTS 6.5 overall)No extra certification required
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Requirements

Academic Admission

The entry requirement for the Master of Science in Economics programme is the completion of the Bachelor of Science in Economics programme at Ludwig-Maximilians-University Munich-Maximilians-Universität München or an equivalent qualification and the overall average grade of at least "good" (2.50). Applicants who have graduated with a degree in economics at another university can be admitted into the Master's programme as long as it can be established that this qualification, in terms of content and method, is equivalent to the Bachelor's degree in economics at LMU. A selection committee will determine whether the qualification can be established as being equivalent to a LMU Bachelor's degree in economics on the basis of the provided application documents. If the equivalence of the qualification is unclear (for example, a degree in business administration is not equivalent to our Bachelor's degree in economics) or the GPA is not better than 2.50, the applicant will receive an invitation to the admissions test, which only takes place in Munich. This written test examines whether the applicant's knowledge of microeconomics, macroeconomics, empirical economics, mathematics, and public economics is sufficient for the admission to the Master's programme.

APS Certificate

An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.

IELTS Score

IELTS 6.5 overall

Application Deadline

Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.

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