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Master's programs in Economics from 10 universities · updated for 2026
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A Master's in Economics in Europe is a 1–2 year postgraduate degree (90–120 ECTS credits) recognized worldwide under the Bologna framework. For international students, it also opens a direct path to the EU Blue Card — the residence permit that lets non-EU graduates work legally in Europe after completing a degree here — making a European master's in Economics both an academic and a career decision.
Several major funding programs are available: Erasmus Mundus funds joint master's degrees across 2–3 European universities with full tuition and a living stipend; Germany's DAAD covers fees and monthly expenses for study in Germany; Campus France supports applicants to French institutions; and many Dutch and Swedish universities offer merit scholarships. English-taught Economics programs are common and typically require IELTS 6.0–6.5 or TOEFL 80+ for admission.
Compare Economics master's programs below — fees, duration, language of instruction, and entry requirements side by side. Cards marked 'Accepting applications' let you request free information directly from the university.
Featured Master's Programs in Economics
A selection of programs available across Europe — explore details, fees, and requirements.
International Economics
Berlin School of Economics and Law Berlin, Germany
Master's English 1,5 years
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International Economics Berlin School of Economics and Law
This master's program focuses on advanced knowledge and analysis in international and development economics. In the first semester, students study core topics including macroeconomics, international economics, development economics, and global governance. The second semester emphasizes applied learning through a project seminar on current issues in international economics, complemented by three elective seminars. These electives allow for specialization in areas such as economic inequality and growth, econometrics, political economy, ecological economics, feminist economics, and regional integration, enabling students to tailor their studies to their interests in global and socio-economic challenges.
This master's program is designed for students with a degree in Economics or a closely related field. Applicants must have completed at least 210 ECTS credits; those with 180 credits must gain an additional 30, for instance through a placement in the third semester. Prior coursework in Microeconomics, Macroeconomics, and International Economics is required. English proficiency at a high B2 level is mandatory, which can be demonstrated through standardized tests like TOEFL (minimum 83), IELTS (minimum 6.0), or other recognized equivalents. The language requirement can also be met with proof of two semesters of higher education in English or a valid GMAT score. Applicants must also submit a motivation letter and a curriculum vitae, both in English.
International Hellenic University Thessaloniki, Greece
Master's English 1,5 years
EU: €3,000 Total Non-EU: €3,000
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MSc in Energy and Finance International Hellenic University
This program includes two semesters of coursework and one semester dedicated to the Master’s dissertation. In the first term, students complete five core courses in energy systems, economics, and project management. In the second term, they continue with three core courses and choose two electives (12 ECTS) in areas such as law, forecasting, or sustainability. The final semester is devoted to an independent dissertation applying theory to real-world energy-related challenges.
Applicants must hold an undergraduate degree in Business, Economics, Engineering, Geotechnical or Natural Sciences from a recognized university. They must also demonstrate English proficiency at C1 level through an accepted language certificate. Graduates from English-taught universities are exempt from this requirement.
Law, Economics and Governance University of Bologna
This program focuses on the intersection of law, economics, and governance, equipping students with interdisciplinary skills in corporate law, financial transactions, market regulation, and entrepreneurship. It includes core modules in international and comparative law, industry dynamics, behavioral economics, and organizational management. Elective topics range from corporate governance and intellectual property to AI regulation, innovation policy, and digital markets. Students can further personalize their studies with internships, language courses, and applied seminars. The final phase includes dissertation work and preparation for a comprehensive examination.
To be admitted to this program, applicants must hold a bachelor’s degree in legal, economic, administrative, political, statistical, or social sciences fields, as recognized by Italian academic classifications or their equivalents under earlier national systems. Foreign degrees are accepted if deemed suitable by the admissions committee. Applicants without a listed degree may still qualify by having earned at least 42 ECTS credits in specified legal, economic, and political disciplines. A B2 level of English proficiency is required, and non-native speakers must also demonstrate at least B2 proficiency in Italian or commit to reaching it during their studies. EU students typically pay around €1,200/year based on family income. Non-EU students usually pay a fixed fee of about €1,400/year. Check with the university for your exact fee.
This master's program in Economics and Econometrics provides advanced training in economic theory, quantitative methods, and data analysis. Core subjects include mathematical economics, microeconomics, game theory, and asset pricing. Students choose among modules in econometrics, macroeconomics, and applied statistical methods. The second year deepens specialization through courses such as panel data econometrics, machine learning for economics, macroeconometrics, and structural macroeconomic models. Electives and research seminars offer exposure to applied and policy-oriented topics. The program concludes with internships or a thesis-based final examination.
Applicants must hold a bachelor's degree in economics, business, political science, statistics, computer science, mathematics, engineering, or physical sciences. Equivalent qualifications from earlier academic systems are also accepted. For those with a foreign degree, an academic committee will assess the equivalence to Italian standards. Students who have not yet completed their degree may apply, but must graduate by the end of the calendar year to finalize enrollment. English language proficiency at the B2 CEFR level is required for admission. EU students typically pay around €1,200/year based on family income. Non-EU students usually pay a fixed fee of about €1,400/year. Check with the university for your exact fee.
Iscte University Institute of Lisbon Lisbon, Portugal
Master's English 2 years
EU: €4,500 Total Non-EU: €9,800
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Economics Iscte University Institute of Lisbon
This master's program offers rigorous training in economics, combining advanced theoretical and quantitative methods. The first year covers core subjects such as microeconomics, macroeconomics, econometrics, contract theory, and the history of economic thought. The second year includes two research seminars and culminates in a master's dissertation. Students may specialize in either Banking and Financial and Monetary Markets or Computing and Modelling for Economics & Business by completing two related elective courses, which will be noted in their diploma supplement.
This master's program requires applicants to hold a bachelor's degree with a minimum final grade of 12 out of 20. Candidates are ranked based on a composite score that evaluates academic background (50%), professional experience (20%), and personal skills (30%), the latter assessed through a motivation letter and possibly an interview. A minimum score of 14.5 out of 20 is needed for admission. Applicants with international qualifications must submit translated academic records and may be admitted conditionally pending degree recognition. Candidates not immediately admitted may be reconsidered in later application phases.
International Politics and Economics University of Bologna
This program integrates the study of international politics and economics, offering students a multidisciplinary approach to understanding global challenges. Core subjects include international finance, public policy, international law, and political systems, supported by training in data analysis and economics. Students can specialize through elective groups focused on economics, law and politics, foreign languages, and global migration. The curriculum includes internships and seminars, with flexibility for students to shape their academic path through optional courses and final thesis preparation.
To qualify for this program, applicants must hold a bachelor’s degree in business administration, economics, or political science and international relations, as defined by Italian regulations. Degrees awarded under equivalent classifications from earlier regulatory frameworks or foreign institutions may also be accepted, pending evaluation of their alignment with the specified fields. Candidates who have not yet completed their degree may apply conditionally, provided they graduate by the end of the calendar year. English language proficiency at a minimum B2 CEFR level is required for admission. EU students typically pay around €1,200/year based on family income. Non-EU students usually pay a fixed fee of about €1,400/year. Check with the university for your exact fee.
Berlin School of Economics and Law Berlin, Germany
Master's English 1 year
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Labor Policies and Globalization Berlin School of Economics and Law
This master's program focuses on labor issues, trade union strategies, and workers' rights in the context of globalization. In the first semester, students examine global trade union strategies, governance challenges of globalization, and research methods, alongside participating in a cross-cutting "One World Seminar" and completing an internship. The second semester covers economic policy from a labor perspective, global workers' rights, and decent work within global value chains. Students also take an elective, participate in a research seminar, and complete their master’s thesis and final oral examination, preparing them for roles in international labor policy and advocacy.
This master's program requires applicants to hold a degree in Political Science, Sociology, Law, or Economics. In some cases, equivalent skills, qualifications, and professional experience may be recognized in place of a formal degree, depending on accreditation and national regulations. Proven experience in trade union work or closely related fields is essential for admission. English language proficiency is mandatory and can be demonstrated with scores such as TOEFL (minimum iBT 79 or CBT 213) or IELTS (minimum 6.5).
This master's program in Economics and Public Policy offers two specialization tracks: Policy Analysis and Evaluation and Health Economics, Management and Policy. The Policy Analysis and Evaluation track emphasizes econometric methods, public economics, and quantitative policy evaluation. It includes modules on law for public policy, open-source programming, and electives in statistics and economics. The second year allows deeper focus through courses in development, trade, labor, and behavioral economics. Students also engage in internships, language training, and a final research project or thesis, equipping them for roles in public sector policy design and evaluation.
Applicants must hold a bachelor's degree in a broad range of disciplines including economics, political science, law, engineering, statistics, computer science, philosophy, mathematics, and health sciences. Equivalent foreign qualifications will be evaluated by an academic committee for compatibility with the required Italian standards. Candidates who have not yet completed their degree may apply conditionally but must graduate by the end of the calendar year to finalize enrollment. Proof of English language proficiency at B2 level (CEFR) is also mandatory for admission. EU students typically pay around €1,200/year based on family income. Non-EU students usually pay a fixed fee of about €1,400/year. Check with the university for your exact fee.
This master's program focuses on advanced training in economics, combining theoretical depth and applied skills. Students complete core courses in macroeconomics, microeconomics, econometrics, and a master’s thesis, with options to choose standard or advanced-level courses. The program includes at least 27 ECTS of electives, allowing students to specialize in areas such as development economics, environmental economics, industrial organization, inequality and labor markets, or macro-finance. Additional electives can be chosen from related programs, and students may also pursue internships, summer schools, or research projects to gain practical experience. The flexible structure allows students to tailor their studies to their career goals.
To apply for this master's program, applicants must hold a university bachelor’s degree in economics or business economics, with strong prior knowledge in microeconomics, macroeconomics, mathematics, statistics, econometrics, and other economics-related subjects. English proficiency is required through an IELTS Academic score of at least 7.0 (minimum 6.5 per section), a TOEFL iBT score of at least 94 (minimum 20 per section), or a Cambridge CAE/CPE score of at least 180. Exemptions apply to those who completed a full degree in English in Australia, English-speaking Canada, Ireland, New Zealand, the UK, or the USA, or those with a Flemish diploma. A GMAT score of 620 (old version) or 585 (new version), or a GRE score of 164 in quantitative and 154 in verbal reasoning, is also required unless the applicant studied in Belgium or completed an exchange at the Faculty of Economics and Business. Applicants must include detailed course descriptions for evaluation.
Hungarian University of Sports Science Budapest, Hungary
Master's English 1 year
EU: €3,000 Per semester Non-EU: €3,000
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International Sports Diplomacy Hungarian University of Sports Science
This master's degree trains professionals for careers in international sport federations or national federations with international activities, addressing a gap where accomplished athletes often struggle to transition into organizational roles, and professionals from fields like economics or law often lack specialized diplomatic skills relevant to sport. Through a curriculum covering diplomacy, strategic planning, and diplomatic methods, students learn to navigate the intersection of the sports industry, the civil sector, and global trends, developing the skills to communicate effectively in international negotiations, events, and other cross-border activities, while also engaging with the organizational structures, legal frameworks, and differing values attached to sport worldwide.
The first semester covers the history and theory of diplomacy and international relations, the theory and methodology of sport diplomacy, sport in society, international sport law, global sport governance with a focus on international sport relations, the hosting and organization of international sporting events, and the practical contexts and tasks of sport diplomacy, alongside an internship and elective coursework. The second semester continues with global sport governance focused on international sport organizations, an introduction to grassroots sports diplomacy, communication for international relations and social media, sport protocol and event management, sports integrity, covering fair play, betting, and anti-doping, sport for development and inclusion, and decision-making and good governance in sport, culminating in a project or thesis and further electives.
Graduates are prepared for roles within sport federations and national Olympic committees, in organizing international sporting events, and as team managers or directors, sports program managers, sports consultants, and sports educators or lecturers.
Applicants must hold an undergraduate degree, or be in their final year of bachelor's study, and must submit a scanned passport, bachelor's transcripts, a bachelor's certificate where available, and a curriculum vitae. Priority is given to applicants who have completed or are completing studies in fields such as sport sciences, international relations, business administration, economics, social sciences, political sciences, communication, or marketing. As part of the admission process, applicants take part in an online interview.
Health Economics and Management University of Bologna
This master's program in Health Economics and Management offers four specialization tracks: Population Health Management, Management of Healthcare Institutions, Economic Evaluation, and Economics and Policy. The curriculum combines foundational training in economics, management, and quantitative methods with sector-specific courses in health policy, pharmaceutical markets, and law. Students choose from advanced topics such as global health policy, health econometrics, biopharmaceutical economics, and empirical case study analysis. Practical learning is reinforced through internships or workshops, culminating in a thesis focused on health systems and policy evaluation.
To be eligible for this program, applicants must have completed a bachelor's degree equivalent to a Norwegian undergraduate degree and meet the minimum grade requirement of C on the Norwegian scale or its international equivalent. Proficiency in English must be demonstrated through an internationally recognized test. Admission is competitive and based on academic performance and a motivation letter, both of which contribute to the final evaluation score. Applicants who have not yet obtained their degree at the time of application are not eligible to apply.
Responsible Economics and Finance University of Oulu
This master's program focuses on solving real-world economic and financial challenges related to climate change, biodiversity loss, and the integration of renewable energy and other resources into the economy. Students develop strong skills in economics, finance, quantitative methods, environmental economics, banking, and macro-financial analysis. The curriculum includes courses in mathematical economics, econometrics, responsible macroeconomic policy, sustainable banking, environmental and energy economics, and real estate markets. Students can also choose courses in health economics, risk management, and portfolio management. The program prepares graduates to analyze and interpret complex data for roles in finance, energy, real estate, government, and NGOs, with an emphasis on responsibility and resilience in economic systems.
This master's program requires a bachelor's degree or equivalent lasting at least three years of full-time study, ideally in economics or business administration. If the degree is from another field, at least 24 ECTS credits of relevant studies are required. Admission is based on a video assignment, prior academic performance, and optionally GMAT, GMAT Focus Edition, or GRE scores. The video must demonstrate motivation, relevant experience, and communication skills. Applicants are also required to provide proof of English proficiency through accepted tests or qualifying education. The admissions process is competitive and designed to evaluate applicants holistically based on content and qualifications.
Economics master's programs in Europe range from the highly research-intensive (Tinbergen Institute's MPhil, the LSE's MSc Economics) to applied policy programs at institutions like EUI in Florence. The research programs are stepping stones to PhD programs at top global universities; the applied programs lead to central banks, international organizations, and consulting. Both are valuable — the choice depends on whether academic research or policy application is your goal.
Research opportunities
The best European economics research master's programs connect students to research outputs that appear in top economics journals. The Tinbergen Institute, the Paris School of Economics, and EUI Florence produce an outsized share of European economics research.
Career outcomes
Economics master's graduates from top European programs enter central banks, international organizations, consultancies, and financial institutions with salaries and roles that reflect the degree's reputation for rigor.
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