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Advanced Studies in Economics (Adv.), MSc
University of Leuven, Faculty of Economics and Business Economics
- Economics
Quick facts
| Country: | Belgium | Duration: | 12 Months |
| City: | Leuven | Start Date: | September |
| Educational Form: |
| Languages: | English |
| Education Variants: |
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| Application Deadline: | June 1 (EEA); March 1(Non EEA) | ||
| Annual Tuition Fee: | € 1400 | ||
Programme Description
It is a post-initial master: an advanced programme aimed at students who have already obtained a Master's degree or its equivalent. The Master of Advanced Studies in Economics (MASE) offers students at the same time a broad economic background and the opportunity to get a deeper insight into the recent developments of economic theory in their specific field of interest.
The programme brings together about 35 students from about 10 countries. The Master of Economic Studies therefore is a truly international programme. The many contacts with students from other nationalities give an extra dimension to the programme. The programme is the ideal preparation for the PhD in Economics, but is also interesting for all students who look for research-oriented positions outside the university.
The Master of Advanced Studies in Economics program is a natural continuation of undergraduate studies in economics and provides students with a general professional training combined with a broad and solid base for doing research.
Its aim is to make students familiar with the most recent practices in economics that are currently used in the leading academic, business and international institutions.
The main purpose of the programme is to offer students with an economic background a deeper knowledge in specific areas of application, to provide them with advanced tools to analyse economic problems and to acquaint them with current research practices in economics. It focuses on a formal and quantitative approach to economic problems.
At the end of the programme, students will possess :
* thorough knowledge of the advanced tools of economic analysis;
* the practical skills to apply these tools for the analysis of concrete problems;
* thorough knowledge of the macroeconomic and international monetary environment in which financial institutions and business firms have to operate and of the interactions with other players such as governments and rivals.
European students can follow the program on a full-time or on a part-time basis. Non-European students, for administrative reasons, must follow the program on a full-time basis.
- Contents
- Requirements
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Contents
All students take the course Advanced Time Series Analysis, participate in a doctoral workshop and attend the department´s weekly research seminar. In addition students take five field courses and write a Master´s thesis. Subject to approval by the Programme Coordinator, students may take courses from the corresponding advanced economics programmes at the nearby economics department of the Université Catholique de Louvain (UCL) and the Université Libre de Bruxelles (ULB).
The Master´s thesis consists of a research paper on a specific problem in the student´s field of interest. The student learns how to formulate and solve an economic problem and how to report his findings. The thesis should represent a contribution to the field and show that the student masters the methodological tools used in economics and can apply them independently.
MASTER OF ADVANCED STUDIES IN ECONOMICS (60 credits)
Core courses
Students have to follow all these courses.
* Advanced Microeconomics 6 credits
* Advanced Macroeconomics 6 credits
* Applied Econometrics 6 credits
* Master project 17 credits
Electives
Students choose electives for at least 25 credits. At least 20 of the credits have to be taken from the advanced courses in this group. The program can be completed with electives out other programmes.
Advanced Electives
* Welfare, inequality and poverty 5 credits
* Advanced International Monetary Economics 5 credits
* Advanced Monetary Economics 5 credits
* The Empirics of Financial Markets 5 credits
* Advanced Labour Economics 5 credits
* Fixed Income Securities 5 credits
* Advanced International Trade Theory 5 credits
* Advanced Development Economics 5 credits
* Welfare Economics 5 credits
* Advanced Environmental and Transport Economics 5 credit
* Game Theory 5 credits
* Current developments in European integration 5 credits
* Advanced Industrial Economics 5 credits
Additional Electives
* Economics of Transition 5 credits
* Environmental and Transportation Economics 3 credits
* Corporate Finance
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.
More informationRequirements
Specific competences:
a) a sufficient knowledge of economics (at the level of an Initial Master);
b) a sufficiently strong quantitative (i.e. mathematical and statistical) background.
General competences:
a) analytical skills;
b) communicative abilities (both oral and written).
Attitudes:
a) a keen interest in recent scientific developments;
b) interest in broader social developments and in policy questions;
c) a belief in the usefulness of applying advanced scientific techniques for the analysis of concrete problems;
d) a critical attitude and the ability to work in (small) groups.
Admission decisions are based upon evaluation of a complete application file
* Master in de economische wetenschappen
* Master of Economics:
* Another Master's degree with knowledge of Economics and a strong quantitative background
* Another university degree of minimum 4 years in Economics or Business Studies
The Master of Advanced Studies in Economics program is a natural continuation of undergraduate studies in economics. It is also open to undergraduates from Business or Engineering Schools who have strong economic interests and took courses in economics and statistics in their curriculum.
Students who did not obtain their degree in Economics at the K.U.Leuven have to apply formally to the Director of Graduate Studies. The application should contain a list of subjects with the marks that were obtained. For the advanced courses in microeconomics, macroeconomics, international economics and econometrics the associated reading list should be provided.
Applicants should take the General Test of the Graduate Record Examination (GRE).
The academic committee evaluates all applications individually on academic record, GRE scores and on applicants' motivation to participate in the programme.
TOEFL (Computer-based test 213 pt., Internet-based test 79 - 80 pt., Paper-based test 550 pt.) or IELTS (6.5 - 7 pt.) or British Council English Language test
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