Master in Applied Economics

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Study overview

Economists are social scientists equipped with a specific set of tools, which include:

  • Models (or abstract simplifications) capturing salient aspects of social interactions in a given context, and
  • Empirical methods employed to quantify the relevance of causal mechanisms with real-world data.

Applying these tools can explain how the economy works, and shed light on a wide range of social issues, from decisions within the firm or the family to the design of public policy interventions. 

  • Programme structure

    Programme structure

    This programme provides students with a unique opportunity to learn how to use the tools of economics, and tackle real-life questions such as:

    • When do markets work and fail?
    • What are the trade-offs involved in regulating the banking sector?
    • How do we tackle climate change?
    • What are the costs and benefits of globalization?

    As a collection of diverse models and empirical methods, economics as a discipline does not have a particular ideological bent, nor lead to a unique conclusion. Instead, the core objective of the programme is to teach students how to apply abstract reasoning to real-world problems, and use a data-driven approach to identify likely outcomes of market strategies or policy interventions.  

    Course structure 

    The programme is normally completed within 3 semesters. The first two semesters include core and optional courses, and the last semester is devoted to the writing of a Master’s thesis under supervision of the faculty. Students motivated to finish the programme within a year can start work on the thesis during the first two semesters. Students can also combine their thesis work with an internship in a public or private institution. 

    Skills acquired 

    Students follow a challenging graduate programme in a first-class Swiss institution, developing the skills required for cutting-edge economic analysis. These skills include:

    • A core set of models for micro and macro policy analysis used in the economic profession
    • State-of-the-art empirical methods focusing on their applications with the most widely used software (R and Stata)
    • The ability to read and reflect on the scientific literature, applying these tools to real-world issues
    • Performing individual work by completing a research or internship thesis

    Interactive teaching

    The teaching team is a rare blend of academic faculty members and professional economists who are experts in their respective fields.

    A key feature of the programme is the enviably small size of each cohort of students, who enjoy maximum support and close supervision by the teaching staff. All courses are interactive and promote active student participation, providing a unique atmosphere in the classroom, and greatly facilitating interactions between students and professors. 

  • Career opportunities

    Career opportunities

    The programme covers many different applications of economics, which can develop students’ interest in different professional specializations. The skills acquired will open the door to opportunities in public institutions, international organizations and NGOs, as well as private businesses such as consultancy companies or in the financial sector.

    • Example of placements for past graduate students in economics include:
    • Government and administration: Swiss federal administration (Energy, Defence, Economy, Statistics), Australian Department of Finance
    • International organizations: World Trade Organisation, World Economic Forum
    • Finance and insurance: UBS, Crédit Suisse, Swiss Life Group
    • Private sector and consultancy: Partners Group, Huawei Technologies, Price Waterhouse Cooper
    • Research and academic: Canadian Energy Research Institute, FORS Swiss Center for Expertise in Social Sciences, doctoral programmes in Economics, both in Switzerland and abroad. 

     

  • Admission conditions

    Admission conditions

    A Bachelor’s degree is required. Students with a degree in Economics or Business from a Swiss university are directly admitted. Other applications are reviewed by the admissions committee.

    Students who graduated in another discipline (such as Political Science, Sociology, International Relations, Engineering Sciences, etc.) and have acquired a minimum of 30 ECTS in Economics can be admitted directly.

    For other students, including those from Swiss Universities of Applied Sciences, admission to the programme is conditional on completing a pre-programme (one or two semesters) based on their background before embarking on the regular Master curriculum. 

Specific strengths

​Compared with other programmes, the emphasis is not on technical knowledge such as calculus and statistics.

Instead, the programme focuses on applying the intuition derived from models and statistical techniques. Nevertheless, we offer a 1-week entry-level refresher in basic calculus and statistics, and the programme can therefore be followed by students from diverse backgrounds. 

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Degree awarded
Master of Science in Applied Economics
Credits
90 ECTS, 3 semesters
Teaching language
uk.png English

Master's programme information