UNIVERSITY OF VIENNA · AUSTRIA
Master of Science in Research in Economics and Finance
Master's · Taught in en · UCAS 066 953
At a glance
24 mo
Duration
6.0
IELTS
€0k
Tuition / yr
en
Language
Master's
Level
- 4Graduates in the last academic year
- 4.3Median semesters for graduation
- 32Current students
This Master's program, a collaboration between the Departments of Economics and Finance, equips you with the essential methodological skills for conducting advanced theoretical and empirical research in economics and finance. You will explore the development of new analytical approaches and gain a deep understanding of the foundational theories and empirical methods in both fields. After a common first semester, you will specialize in either economics or finance. The program is structured to prepare students for doctoral studies, akin to the initial years of an American-style PhD program.
Curriculum
The curriculum is designed to provide a strong theoretical and empirical foundation, with students specializing in either Economics or Finance after the first semester. The program consists of 120 ECTS credits over four semesters.
- Year 1, Semester 1
- Introductory Econometrics
- Macroeconomics for Economics and Finance
- Microeconomics for Economics and Finance
- Year 1, Semester 2
- Game Theory
- Econometrics II
- Advanced Macroeconomics (Economics Specialisation)
- Advanced Finance (Finance Specialisation)
- Elective Courses
- Year 2, Semester 3
- Seminar in Economics (Economics Specialisation)
- Seminar in Finance (Finance Specialisation)
- Elective Courses
- Year 2, Semester 4
- Master's Seminar
- Master's Thesis
- Elective Courses
Careers
Graduates are prepared to undertake independent scientific research in economics and finance, comparable to the initial stages of a doctoral program. The skills acquired enable critical analysis of scientific literature and application to real-world economic questions.
- Economic researcher
- Financial analyst
- Academic positions
Frequently asked questions
- What are the tuition fees for this program?
- There are no tuition fees for non-EU/EEA students for regular study periods at the University of Vienna. All students are required to pay a semester fee for the Students' Union (ÖH-Beitrag) which is currently €22.70 per semester.
- What are the entry requirements for the Master of Science in Research in Economics and Finance?
- You need a Bachelor's degree in Economics, Business Administration (with a minor in finance, including mathematics, statistics, econometrics, and game theory), or a related field with a strong foundation in mathematics and statistics. For English proficiency, a minimum IELTS score of 6.0 is required.
- How long does the program take to complete?
- The program consists of 120 ECTS credits and is designed to be completed over four semesters, which is equivalent to two academic years.
- What is the language of instruction for this program?
- The program is taught in English, as indicated by the English language proficiency requirement (IELTS).
- What are the career prospects after completing this program?
- Graduates are prepared for roles such as economic researchers or financial analysts and are well-equipped for doctoral studies or academic positions.
- When is the application period for the program?
- The application period typically opens mid-June for the Winter semester. International students should follow the University of Vienna's online application procedures via u:space.
Entry requirements
Bachelor's degreeA Bachelor's degree in Economics, Business Administration (with a minor in finance, including courses in mathematics, statistics, econometrics, and game theory), or a related field is required. A strong foundation in mathematics and statistics is essential.
IELTSMinimum overall score of 6.0
Specific previous studies eligible for admission include the Bachelor's program in Economics or Business Administration at the University of Vienna (with specific finance/economics minor requirements).
Fees
Tuition (international)No tuition fee for non-EU/EEA students for regular study periods.
Tuition (home)No tuition fee for EU/EEA students for regular study periods.
LivingInformation on living costs is not provided.
Students are required to pay a semester fee for the Students' Union (ÖH-Beitrag) which is currently €22.70 per semester (as of Winter Semester 2023/24). This fee applies to all students, regardless of their origin.
How to apply
1. Check EligibilityVerify that your previous academic qualifications meet the entry requirements for the Research in Economics and Finance Master's program.
2. Prepare DocumentsGather necessary documents, including academic transcripts, degree certificates, proof of English proficiency (e.g., IELTS), and any other required identification or legalisation documents.
3. Submit ApplicationComplete the online application form via u:space during the designated application period. Some admissions may require an online first-time admission appointment.
4. Pay FeesAfter admission, pay the semester fee for the Students' Union (ÖH-Beitrag) to complete your re-registration.
Frequently asked questions
What are the tuition fees for this program?
+
There are no tuition fees for non-EU/EEA students for regular study periods at the University of Vienna. All students are required to pay a semester fee for the Students' Union (ÖH-Beitrag) which is currently €22.70 per semester.
What are the entry requirements for the Master of Science in Research in Economics and Finance?
+
You need a Bachelor's degree in Economics, Business Administration (with a minor in finance, including mathematics, statistics, econometrics, and game theory), or a related field with a strong foundation in mathematics and statistics. For English proficiency, a minimum IELTS score of 6.0 is required.
How long does the program take to complete?
+
The program consists of 120 ECTS credits and is designed to be completed over four semesters, which is equivalent to two academic years.
What is the language of instruction for this program?
+
The program is taught in English, as indicated by the English language proficiency requirement (IELTS).
What are the career prospects after completing this program?
+
Graduates are prepared for roles such as economic researchers or financial analysts and are well-equipped for doctoral studies or academic positions.
When is the application period for the program?
+
The application period typically opens mid-June for the Winter semester. International students should follow the University of Vienna's online application procedures via u:space.