Brief Description

Degree: Master of Science (MSc)
Degree Programme Code: 066 953
Duration: 4 Semesters/120 ECTS
Limited Places: Yes
Study Language: English

Goals

This programme, offered jointly by the Departments of Economics and Finance, provides the methodological basis necessary to carry out theoretical and empirical research in economics and finance. This includes the development of new and more advanced methodologies and analytical approaches. Accordingly, the programme places great emphasis on the foundations of both theory and empirics in the two fields. After a joint first semester, students choose to specialise in economics or finance. The programme can be thought of as the first two years of an American-style PhD program, prior to the phase of thesis writing.

Career Opportunities

Students will acquire an excellent foundation for PhD education in Economics and Finance, and a career in research institutions and international organisations.

Programme

All legal provisions and a detailed description of the structure can be found in the curriculum.

Semester 1 (winter semester) - (30 ECTS)

        - Introductory Econometrics
        - Macroeconomics for Economics and Finance
        - Microeconomics for Economics and Finance

Semester 2  (summer semester) - (30 ECTS)

        - Game Theory
        - Econometrics II

Economics Specialisation:

        - Advanced Macroeconomics
        - 1 Elective Courses (4 ECTS)
        
Finance Specialisation:

        - Advanced Finance
        - 1 Elective Courses (4 ECTS)

Semester 3 (winter semester) - (30 ECTS)

Economics Specialisation:

        - Seminar in Economics
        - Elective Courses

Finance Specialisation:

        - Seminar in Finance
        - Elective Courses

Semester 4 (summer semester) - (30 ECTS)

Economics Specialisation:

        - Elective Courses
        - MA Seminar
        - MA Thesis

Finance Specialisation:

        - Elective Courses 
        - MA Seminar
        - MA Thesis

Requirements

Research in Economics and Finance is aimed at students who have already completed a bachelor's or diploma programme in related fields.

University of Vienna's Bachelor graduates in Economics qualify automatically. University of Vienna's Bachelor graduates in Business with minors in "Finance" or "Economic Statistics" qualify provided they have taken certain courses specified in the curriculum. 

Graduates from bachelor or diploma programs with a quantitative orientation (e.g., engineering, mathematics, physics) qualify provided they have a minimum background equivalent to 6 ECTS in each of the following areas: Macroeconomics, Microeconomics.

 How to Apply

You can find detailed information about your steps in the admission procedure on the website Studying at the University of Vienna. Please take note of the application and admission periods. Our advice: Submit your application for admission to a degree programme at the beginning of the application period.