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International Study Programs
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The Graduate Program in International Economics and Finance

Program flyer - 

The MSc program at a glance.

Flyer

Degree conferred: 

Master of Science (M. Sc.) in International Economics and Finance

Program length:

4 semesters (deadline for completion: 6 semesters)

Starting date:

October 1st (winter semester)

Application
           deadline:
April 30 for foreign applicants (last date of receipt)
July 15 for German applicants (last date of receipt)

Teaching language:

English

Tuition fees:

None, except for small tutorial fees 

Grants or scholarships:

None are provided by the faculty


Description


Curriculum
(&
Lecture contents)


Course regulations


Admission

International applicants: Please apply directly to our University (no uni-assist involvement).


Application Deadlines for B.Sc. graduates from our ISP

Description of the Graduate Program in International Economics and Finance

Candidates for the degree of Master of Science in International Economics and Finance must earn 120 ECTS [European Credit Transfer System] credits and submit a satisfactory master's thesis.

Graduate students in International Economics and Finance are required to accumulate academic credits in four subject areas. The minimum number of credits that must be earned in each of these four required academic subject areas are as follows:

        

All lectures listed hereunder are obligatory. In their 3rd study semester, students choose a concentration in International Economics or in Finance by selecting the relevant lectures, seminar, and appropriate topic for the master's thesis.

Academic credits are earned by passing the written exams accompanying the lectures and seminars which constitute the curriculum of the program. The number of credits earned by passing an exam is commensurate to the number of instructional hours received in the lecture or seminar per week.

A master's thesis, demonstrating that the candidate has the ability to independently work on a selected topic using the scientific methods learned in the program, is required. It has to be written in English under the supervision of a professor of the faculty. The time limit for the preparation and submission of this thesis in its final form is four months.

Über den DBSThose applicants whose Bachelor degree was obtained in a discipline different from Economics or Management, or whose degree is for other reasons not deemed equivalent to the rather mathematically oriented Bachelor's degree of our Faculty, will, as a rule, get admission to the Master program upon the precondition of one propaedeutic semester in which, according to the terms of the applicable Study Rules, the following undergraduate-level subjects have to be completed and passed successfully: Microeconomics, Statistics II , and International Economics. The successful completion of these subject examinations constitutes the basis for the further continuation of Master studies.

Curriculum of the Graduate Program in International Economics and Finance

  Lecture contents

The curriculum of the Graduate Program in International Economics and Finance should be followed as closely as possible. Information concerning the assignment of the seminars offered by the faculty to the four required subject areas is published each semester in the UnivIS on-line guide. Additional information can be obtained from the offices of the various professors teaching in the program.

A three-semester fast-track option may be agreed upon after previous consultation right after studies have started. This option is for specially gifted students who received direct admission, without propaedeutics.

1st Semester (Winter Semester)
Mathematical Economics  4 credits  (12 ECTS)   Examination
Microeconomic Analysis 4 credits  (8 ECTS)   Examination
Option Pricing 2 credits  (6 ECTS)   Examination
Stochastic Processes 2 credits  (6 ECTS)   Examination
Semester Total 12 credits (32 ECTS)

 

2nd Semester (Summer Semester)
International Trade 4 credits (8 ECTS)   Examination

Macroeconomic Analysis I*

2 credits

(8 ECTS)

  Examination

Corporate Finance 2 credits (6 ECTS)   Examination
Financial Econometrics 3 credits (8 ECTS)   Examination

Semester Total

11 credits

(30 ECTS) 

* Prerequisite for registration for the examination is the successful completion of Mathematical Economics.

3rd Semester (Winter Semester)

International Macroecon.+Finance

4 credits

(8 ECTS)

  Examination

Monetary Economics

2 credits (4 ECTS)

  Examination

Applied Economics:

Seminar in Applied Economics

2 credits

(6 ECTS)

  Examination

International Economics

2 credits

(4 ECTS)   Examination
Macroeconomic Analysis II 2 credits (6 ECTS)   Examination
or, Applied Finance:
Seminar in Applied Finance

2 credits

(6 ECTS)

  Examination

Risk Controlling

2 credits

(6 ECTS)   Examination
Behavioral Finance 2 credits (4 ECTS)   Examination

Semester Total

12 credits

(28 ECTS)

4th Semester (Summer Semester)

Master's thesis

--

30 ECTS

  Thesis Evaluation

Semester Total

30 ECTS

Grand Total

35 credits

120 ECTS
Course Regulations:

Studienordnung (Study Regulations)
Prüfungsordnung (Examination Regulations)

Admission requirements to the Graduate Program 
in Economics and Finance

 

1. Bachelor degree

- A bachelor degree in economics or management received from the Faculty of Economics and Management at the Otto-von-Guericke University Magdeburg, or

- A bachelor degree in economics, management, engineering, the natural sciences, computer science, mathematics, or an academic degree deemed equivalent from some other recognized institution of higher learning.

Specific information concerning the bachelor degrees of foreign applicants can be obtained from

(Ms) Sylvia Zabel, Program Counsellor
Faculty of Economics and Management
E-Mail: isp@ww.uni-magdeburg.de
Tel.: +49.391.67-18740
 

2. GRE Test

- Evidence of having taken the Graduate Record Examination (GRE)/General Test within the last 3 years (institutional code number to appear at the score report: 0637)

- Minimum required score on the quantitative part is 600.

Link to Admission Checklist for Master Degree Applicants