Master of Arts in Economic Policy in Global Markets
Vienna, Austria
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline *
EARLIEST START DATE
Request earliest startdate
TUITION FEES
EUR 12,000 / per year **
STUDY FORMAT
On-Campus
* application deadline for applicants who wish to be considered for financial aid
** payable in one or two installments, non-refundable initial tuition fee installment (€500 EUR) is paid to confirm your acceptance of our offer of admission and is credited towards the 1st tuition fee installment in year 1
Key Summary
Introduction
We no longer accept applications to the MA in Economic Policy in Global Markets program separately. It has been integrated into our new MA in Economics, Data, and Policy program as the Global Economic Policy track. Please submit your application to that program.
CEU's MA in Economic Policy program focuses on economic policy in the context of global markets. Its main goal is to equip you with solid foundations in economics, to give you a deep understanding of the economic policy process, and to provide you with the analytical ability to evaluate economic policies at the macro and micro levels.
The program is an ideal stepping stone if you want a job in government (ministries, central banks), in international organizations, or in the private sector (banks, consulting firms, etc.).
Why study for an MA in Economic Policy at CEU?
- MA degree with global recognition that is accredited in Austria and the US
- Fully English language program and university
- 2-year full-time program
- Tailored to the unique ambitions of each student, be it policy work in the government or international organization, consulting work, or data analysis.
- Approximately 20 students are admitted per year.
- High quality yet affordable degree: 12,000 euros tuition fee per year & generous tuition waivers and scholarships awarded. The top applicants will be offered a full tuition waiver and a 10,000 euro scholarship per year, while partial tuition waivers and smaller stipends will also be distributed.
- Most internationally diverse program in the region. Current students come from Afghanistan, Albania, Austria, Bangladesh, Hungary, Italy, Kyrgyzstan, Portugal, Viet Nam, Ukraine, United States among other countries.
- Study in Vienna – consistently rated as the world's most livable city for its vibrant cultural scene, architecture, and great recreational opportunities.
Program Accreditation/Registration
- The program was approved and registered by the New York State Education Department.
- Program accredited by the Agency for Quality Assurance and Accreditation Austria (AQ-Austria)
Admissions
Scholarships and Funding
Financial aid is granted on the basis of academic merit. The top candidates in the MA in Economic Policy in Global Markets Program will receive a full tuition waiver and 10,000 EUR per year as a scholarship. Partial tuition waivers and smaller stipends will also be offered.
Curriculum
A hallmark of the program is that you can choose from a wide range of electives, many of which are taught by professors from other departments at CEU. You will be exposed to many alternative viewpoints and approaches.
See below the structure of the program:
Year 1, Pre-session (September): Math course
Year 1, Fall & Winter terms (September – March): Core courses
- Fall: Microeconomics, Macroeconomics, Data Analysis
- Winter: Global Economic Policy Issues, Academic Writing
Year 1, Summer: Internship program
Year 1, Spring & Year 2, Winter (April – March): Electives
Besides the Economic Policy Seminar, you are free to choose courses that better suit your career plans and interests, see below for some possible specializations.
If you are interested in finance:
- Asset Pricing
- Corporate Finance and Risk Management
- Trading and Portfolio Theory
If you are interested in data-related careers:
- Data Mining and Big Data Analysis
- Econometrics II
- Economic Forecasting
- Machine Learning for Natural Language Processing
If you are interested in macro policy:
- Economic Policy After the Crisis
- Economics of Underdevelopment
- Macroeconomic and Public Institutions
- The Political Economy of the EU
If you want to focus on special policy areas
- Energy Markets
- Economics of Higher Education
- Labor Economics
- Health Policy
Year 2, Spring term (April – May):
Master thesis
Career Opportunities
Completing our MA in Economic Policy prepares you to become a decision-maker in economic policy. You will have the skills of an economist and the multidisciplinary approach that is necessary in this field. You will have the ability to interpret data and link them to economic and social processes. The skills you gain will enable you to pursue a variety of exciting careers. In the past, graduating MA in Economic Policy students
- Engaged in economic policy analysis in the public sector or at international organizations, for example at the European Investment Bank, International Labour Organization (ILO), the World Bank, the United Nations (UN), or the World Food Programme
- Embarked on careers in banking, finance, or consulting, for example at CitiBank, Ernst & Young, Boston Consulting Group
- Found jobs in data-related fields, for example at Eurostat or at ZOE Covid Study
- Pursued PhD studies in fields related to economics, for example at the University of Stavanger, Norway (Economics), Semmelweis University (Health Economy), Graduate Institute of International and Development Studies, Switzerland (Development Economics), CEU (Public Policy)
Program Admission Requirements
Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam – the most widely used exam for admissions that measures your critical thinking and reasoning skills.
Download the GMAT mini quiz to get a flavour of the questions you’ll find in the exam.