About the Programme
The MSc in economics programme is designed to meet the increasing demand for professionals with top quality skills in the private sector as well as in international organizations and the public sector, in Sweden and all over the world.
A recent study showed that the employment rate among students with an advanced undergraduate degree in Economics from Gothenburg was close to a 100 percent. The largest share works in the private sector, and many of them work abroad. Some continue with Ph.D. studies. Most of the graduates have advanced positions where they make use of the skills they achieved during their studies.
The programme uses the same academic structure followed by universities all around the world. As a result, students with degrees from universities in many different countries are admitted and students can study part of the programme abroad. We offer double degree programs with Hokkaido University in Japan and Tor Vergata in Rome. After graduation, the students apply for jobs or continue to pursue a Ph.D. at universities all around the world.
The programme covers two years of full-time studies (120 hec) and consists of four parts of equal length:
1. The programme starts with the fundamentals of economic analysis. You will learn how to analyze common economic problems in markets and in organizations. Issues include taxes, externalities and public goods as well as competition and information problems. You will get an introduction to game theory and behavioral economics. The fundamentals include two courses in microeconomics and one course in macro. There is also a prep course in mathematics.
2. The programme emphasizes vocational training. You will learn to master practical tools used by companies and public authorities around the world. Two courses in econometric methods enable you to handle and analyze data sets using software such as Stata. The evaluation course will teach you cost-benefit analysis and how to use experimental methods in decision-making. You will improve your ability to present complicated problems and solutions both orally and in writing. We also offer you the possibility to arrange an internship. The vocational part of the programme makes you productive from day one on your first job.
3. The programme offers several field courses in areas where the department is strong, including development, environmental, health, public, industrial and financial economics. The field courses give you institutional knowledge, introduce you to current issues and provide you with practical tools commonly used in these areas. Subject to our approval, you may also choose to take field courses at our partner programmes all around Europe. Also courses from other Master’s programmes at Graduate School can also be chosen; for example in management, innovation and international business.
4. The last term, you write your master’s thesis, putting it all together. Use your new analytical skills and apply all the practical tools you have learned to master to analyze important economic issues in your field!
Approximately half of the courses are compulsory core courses, namely Math, Micro I, Macro, and Advanced Econometrics. The other half is elective. While Applied Econometrics and Micro II are not core, they are highly recommended to all students.
The professors combine their interest in teaching with an interest in research. The department is ranked number 87 in the world and number 3 in Sweden. The professors also have many contacts and much practical experience outside the university. The health economics professor advises multinational pharmaceutical companies on pricing and the industrial economics professor serves as a competition law judge. The development economics professors’ work with organizations such as the World Bank and one of the environmental economics professor’s serves in the Intergovernmental Panel on Climate Change (IPCC).
See more at www.handels.gu.se/master
Requirements and Selection
REQUIREMENTS: The applicant must have been awarded a Bachelor’s degree (equivalent to a Swedish Kandidatexamen) from an internationally recognized university and be able to demonstrate proficiency in English by means of an internationally recognized test, e. g. TOEFL, IELTS. The level of English must be equivalent to English 6/English B from Swedish Upper Secondary School. The applicant’s university education must also include A) a minimum of 60 credits in Economics and 7.5 credits in Econometrics/Regression Analysis or equivalent. In addition the education must include a minimum of 15 credits in Statistics, or 7.5 credits in Statistics and 7.5 credits in quantitative methods and/or Mathematics. The credits in Econometrics/Regression Analysis or equivalent may be included in the general statistics requirement or in addition to this, Or B) at least a Bachelor’s degree in Mathematics or in an Engineering programme with a quantitative or mathematical orientation. For more information about the requirements visit www.handels.gu.se/master.
SELECTION: Selection for event
The selection of students is based on two groups. Priority is given to students in Group 1.
Group 1: Students with GMAT or GRE General Test result. Students need a GMAT test result of 350 or higher. Students with a GMAT test result lower than 350 will be placed in selection group 2. (GRE General Test results are translated to an equivalent GMAT score.)
Group 2: number of credits (maximum 225 credits). For further information and important instructions please see www.handels.gu.se/master
SELECTION: Selection for event
The selection of students is based on three groups. Group 1 and 2 are prioritized.
Group 1: Students with GMAT or GRE General Test result. Students need a GMAT test result of 350 or higher. Students with a GMAT test result lower than 350 will be placed in selection group 3. (GRE General Test results are translated to an equivalent GMAT score.)
Group 2: Students registered on Handelshögskolans Ekonomprogram, Logistikprogram or Samhällsvetenskapligt miljövetarprogram (inriktning uthålligt företagande eller miljöekonomi), that are guaranteed a place on one of the nine MSc programmes, offered by the Graduate School. The students are not guaranteed their first choice of programme. See information on how the selection is made.
Group 3: Number of credits (maximum 225 credits). If there are places left when the selection has been made in group 1 and 2, eligible students in group 3 will be selected.
Application fee: 900 SEK
Full programme cost: 161 952 SEK
First payment: 40 488 SEK
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