Economics and Institutions, M.Sc.
The M.Sc. in Economics and Institutions is an international two-year Master’s programme designed to teach students the knowledge and skills expected of a professional economist. The programme provides rigorous training in all major fields of economics, with a special emphasis on institutional economics.
Programme facts
| Degree | Master of Science (M.Sc.) |
|---|---|
| Duration | 4 semesters |
| Language of instruction | English |
| Required English | C1 |
| Study mode | Full-Time |
| Start | Summer semester, winter semester |
| Application | winter semester until 15.06, summer semester until 15.01 |
| Admission | Admission restriction (NC): a competition of school grades |
| Tuition fee | €327 / semester |
| Semester contribution | €424.80 per semester |
What the tuition fee consists of
Will I get in
The programme has an admission restriction: the average grade of your certificate, converted to the German scale, decides. The cut-off changes every year — last year's value shows the order of magnitude, not a promise.
How the selection works and how strong the competition is — we go through it against your certificate when we select programmes for you.
Programme selection →About the programme
Institutions play a major role in our economy. Learning how the economy works and how it can be governed requires an understanding of economic institutions. The Master of Science (M.Sc.) in Economics and Institutions programme provides rigorous training in all major fields of economics, employing modern theoretical and empirical methods. Completion of the programme will prepare you for a career as a professional economist in government or business or provide you with a solid basis for an academic career.
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As all courses are taught in English, the programme is particularly well suited for international students. Class size is small, averaging about 25 students, which creates a personal and intense working atmosphere. These conditions encourage students to actively participate in class and to take part in debates on economic theory and policy issues.
Career
You can apply to a wide variety of national and international organisations or corporations for a career in economic analysis or business. Or you could start pursuing an academic career by studying towards a PhD. Every year, an informative meeting on how to proceed towards a PhD is offered. Please contact Prof. Dr. Bernd Hayo for information.
Cost of study
| Tuition fee of the federal state (Hesse), international students | €0 |
|---|---|
| Semester contribution | €424.80 |
Requirements and application
| Previous education | The M.Sc. in Economics and Institutions targets students who have already earned a Bachelor’s degree or its equivalent in economics, business administration, or social sciences with at least 90 ECTS credits in economics or relevant methods (e.g., mathematics, statistics). |
|---|---|
| Language | English C1 — confirmed by a certificate when you apply |
| Application | winter semester until 15.06, summer semester until 15.01 |
The procedure and the set of documents depend on your certificate. We check the university's requirements against your documents and give you a list: what to submit, how to certify and translate it, where and when to apply.
Check the requirementsHow to get into this programme
- 1Check your certificate and its recognitionDirect admission, a year at a university at home, or Studienkolleg first — this decides the whole plan.
- 2Documents and translationsCertified translations of the certificate and transcript, an APS if required. 3–4 weeks.
- 3Application until 15.01Send the documents well before the deadline — an incomplete application cannot be completed after it.
- 4Admission, visa, movingPlan 2–3 months for the visa and the blocked account in parallel.
How to apply
You can submit the application yourself or with our help — the university decides on admission in both cases.
Applications go through the university's portal or uni-assist. Typical mistakes:
- ×incorrectly made certified copies and translations
- ×a wrong set of documents
- ×the application submitted the wrong way
- ×errors or gaps in the application form
- ×the application submitted at the wrong time — too early or too late
An incomplete or incorrectly prepared application is excluded from the selection — it can no longer be corrected after the deadline.
StudyInFocus does not represent the university and does not influence the admission decision. We do not sell study places and do not guarantee admission — this is a service for preparing and submitting documents on the applicant's side.
If your level is not enough yet
The two most common stoppers are a language level below the requirement and a certificate without direct admission. Both can be solved, but they take months — plan them now, not after a rejection.
Questions about this programme
How much does the programme cost?
What language level do I need?
When do I need to apply?
Don't postpone the application
The deadline is 15.01.2027 (93 days left). Language, translations and the document check take months, not weeks. In 30 minutes we will build a plan backwards from the deadline and tell you honestly whether you can make it.