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Economics and Management – (M.Sc.)

Application Deadline: April 1
Annual Tuition Fee: Free ≈ € 9,100 (non-EEA)
Location: Aarhus / Denmark / View location on map ▾ Hide location on map ▴
Duration: 24 months Start Date: February, September
Educational Form:
  • Taught
Education Variants:
  • Fulltime
Credits (ECTS): 120
Languages: English 
10.1993512,56.1710245

Location of Aarhus University, School of Business and Social Sciences

The two-year MSc programme in Economics and Management provides you with profound theoretical knowledge in a range of economics and management areas, as well as advanced-level training in economic analysis. The flexible structure of the programme allows you to combine economics with management courses at Master’s degree level.

High academic standards and international diversity

As a student on the programme, you will be based at the School of Economics and Management. The school is renowned for setting high academic standards, and the school engages in close collaboration with many leading international researchers, including Nobel Laureates Dale T. Mortensen and Robert F. Engle. The school’s outstanding research environment includes the Center for Research in Econometric Analysis of Time Series (CREATES), where Nobel laureate Robert F. Engle serves as member of the advisory board. The academic environment at the school is characterized by international diversity, and many faculty members have an international background.

A personal academic profile

The school conducts research and teaching in the following fields:

  • Accounting and finance
  • Macroeconomics
  • Microeconomics
  • Econometrics
  • Organization
  • Marketing and strategy.

The degree programme allows you to create a personal academic profile within one or across several of these fields. The school offers about 40 elective courses each semester. The broad range of courses allows you to specialise in a particular field of interest and to compose an individual course programme in cooperation with a faculty member.

The first semester of the MSc programme offers fixed course modules in two different lines. These two lines are specifically tailored to provide you with a solid foundation within the main fields of either economics or management. While course modules are not required, completion of one or several of the courses from the fixed course modules is a prerequisite for admission to some advanced-level courses.

The programme offers four profiles:

  • Economics
  • Management
  • Personal academic profile across fields
  • International Master of Science in Quantitative Economics (elite programme).

International Master of Science in Quantitative Economics

The International Master of Science in Quantitative Economics (IMSQE) programme is a specialist two-year elite MSc degree programme. The programme is embedded in the general MSc programme in Economics and Management at the School of Economics and Management, but has a particular focus on economics, econometrics, finance and accounting. The programme requires strong analytical skills in quantitative methods.

The IMSQE programme is based on the school’s outstanding research environment in finance and econometrics, spearheaded by the Center for Research in Econometric Analysis of Time Series (CREATES). The research centre accommodates Denmark’s largest team of econometricians and has a special focus on time series econometrics.

As an elite student, you are free to tailor your own study programme to your particular needs on the basis of a range of advanced-level courses, consisting of a mixture of pre-specified core courses within microeconomics, macroeconomics, finance or econometrics and selected PhD-level courses.

A personal academic advisor, or mentor, from the academic staff associated with the programme is appointed for each student enrolled in the elite programme. The advisor’s role is to assist you in composing your study programme and help you select the best university for stays abroad.

Furthermore, the elite programme provides an excellent opportunity for candidates to continue their studies at PhD level. For students who wish to continue in the PhD programme, a special transitional arrangement will be provided that smoothens the transition from the elite MSc programme to research training.


Contents

1. semester

  • Elective subjects 30 ECTS

2. semester

  • Elective subjects 30 ECTS

3. semester

  • Elective subjects 30 ECTS

4. semester

  • Unknown 30 ECTS

You are normally required to take an English Proficiency Test if you come from a non-English speaking country.

Most European Universities recognise the IELTS test.

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Requirements

Access to the Master's degree programme in Economics and Management at Aarhus University requires successful completion of a BA degree in Economics and Management. For this reason foreign students must be able to provide full documentary evidence that they have completed a relevant and recognized university degree equivalent to a Danish BA degree in Economics and Management.

Only students who meet these requirements should apply.

General English language requirements ('English B level')

According to the Danish Ministry of Science's Order no 181 of 23 February 2010 on Admission to Danish Universities, all applicants with non-Danish examinations to Master's programmes taught in English must document English language qualifications comparable to an 'English B level' in the Danish upper secondary school ('gymnasium') .

English language qualifications comparable to an 'English B level' in Denmark can be documented as follows:

  • TOEFL test results of at least 560 (paper-based test) or 83 (internet-based test)
    The Aarhus University TOEFL code is 8935The Aarhus School of Business TOEFL code is 7993The AU-IBT (Institute of Business and Technology in Herning) TOEFL code is 8607The test result must not be more than two years old
  • IELTS test with a minimum score of 6.5 points
    The test result must not be more than two years old
  • Cambridge Certificate in Advanced English (CEA)
  • "C1 level" obtained by examination from a CEFR-validated English language course.
  • English-taught entrance examination (upper secondary school/high school) or Bachelor’s degree
  • English language qualifications obtained through at least 210 hours of English lessons (1 hour = 60 minutes) in a non-Danish entrance examination. You must ask your upper secondary school/high school to provide documentation for the total number of English lessons/hours you have received during your final three upper secondary/high school years. You are required to enclose a copy of your upper secondary/high school certificate, including course and examination descriptions of your English language course.

Additional Requirements

Minimal degree required: Bachelor's degree
Minimal amount of work experience Not specified

Language Proficiency

IELTS Band: 6.5
Cambridge English: Advanced (CAE): Grade B (Score: 75)
TOEFL Paper-based: 560
TOEFL Internet-based: 83

Accreditation

After the Student life Section there should be a section called Accreditations , that should include the following information:

The former Aarhus School of Business, Aarhus University (ASB), is one of Europe's largest and best business schools, as is illustrated by the accreditations which ASB has earned in the past seven years. ASB has been EQUIS-accredited since 2001, and in January 2008 we were approved to initiate the AACSB accreditation process.

Proof of high quality and international focus

EQUIS and AACSB are the leading international quality systems for assessing, improving and accrediting institutions of higher education within the field of management and business administration. In order to live up to these accreditations, ASB must not only demonstrate that we are capable of high-quality performance, but also that our activities are internationally oriented. The accreditations are also proof that we have achieved a good balance between high academic quality and professional relevance through close collaboration with the national and international business communities.

These accreditations are vital for the institution to maintain and strengthen its position in an increasingly competitive sector. They are decisive for ASB's brand and for our ability to attract the right students, researchers and collaborative partners. The accreditations are renewed every three to five years, which ensures that we work on an ongoing basis to develop ourselves and to improve the quality of everything we do.

Facts about EQUIS, AACSB and AMBA accreditations

EQUIS stands for European Quality Improvement System, and accreditation is awarded by the EFMD (European Foundation of Management Development), whose members comprise leading business schools all over the world.

AACSB stands for Association to Advance Collegiate Schools of Business, and AASCSB International awards accreditation.
The accreditations are awarded to the entire institution – not just to individual programs or parts of the organization. Both accreditation systems maintain a significant focus on strategy.
AMBA stands for Association of MBAs , which is an independent international organization for MBA students, masters and employers. The AMBA accreditation is awarded to the entire institution but relates specifically to MBA programs. The purpose of AMBA is to secure high standards for MBA programs worldwide.

ACE Denmark

In August 2007, it was enacted that higher education study programs offered by the Danish University Act must be accredited by the Accreditation Institution - ACE Denmark. Accreditation is a professional assessment carried out using centrally set criteria for quality of existing and new courses. The purpose is to ensure and document quality and relevance of the higher education study programs.
According to the Danish University Act, the accreditation council is the specific unit, which makes the decisions regarding accreditation of all higher education study programs. Decisions are made on the basis of accreditation reports prepared by accreditation operators.


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