KU Leuven

Business Economics, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • English
    Language
The Business Economics programme at KU Leuven emphasizes the acquisition of fundamental knowledge and skills in one area of specialization related to the corporate world such as international business, strategy and innovation, entrepreneurship, financial economics and marketing. 

About

Upon completing the Master of Science in Business Economics at KU Leuven, you will be able to apply scientific frameworks independently and critically, allowing you to evolve continuously in a dynamic society. By combining this programme with initial specialisations from your bachelor's programme, you will develop deeper insight into a broad range of fields. The programme is structured around the choice of a major and minor discipline, which allows you to fine-tune your personal graduation profile, and to apply research- and evidence based management practices and tools in various domains. You will gain expertise in selecting best practices in management in today’s volatile, complex and ambiguous business environments. The Business Economics programme equips you for both entrepreneurship and start-up management as well as for management and strategic decision making in established organisations.

KU Leuven occupies a leading position in management and economic research and is highly ranked by the European Economic Association. Top-level research and education complement and strengthen each other. The Faculty of Economics and Business Alumni Association includes many leaders of industry, ensuring excellent career opportunities for our graduates.

Objectives:

Building on previously acquired general economic knowledge and insights in business, the student is taught to judge complex business structures and propose creative solutions independently or in a team. He develops the skills to take on a management function in a company, he learns to fit decisions in with the whole structure of a company and assess strategic consequences for other departments of the company. He has a lot of specialised knowledge, but is also very versatile.

The programme consists of a compulsory part, a major and a minor and a Master's Thesis.

- The compulsory programme aims to lend the students insight into the strategic consequences of certain decisions.

- The major lends depth in a sufficiently broadly defined functional area, which trains the student for a management position with a wide variety of tasks within this area.

- The minor allows the student to choose between a further deepening of the area discussed in the major, or a broadening in other areas/disciplines.

Career perspectives

Graduates generally take up managerial and/or research positions in business, national and international institutions, and in managerial functions at universities. Given the variety of skills acquired, you will be highly sought-after by a wide range of companies (from small firms to multinational corporations) in a variety of positions and sectors in Belgium or abroad.

You can pursue a career as:

  • auditor
  • entrepreneur
  • consultant
  • financial analyst
  • financial manager
  • project manager
  • sales manager
  • stockbroker

Programme Structure

Courses include:
  • International Business, Strategy and Innovation
  • Entrepreneurship
  • Financial Economics
  • Marketing

Audience

To start this programme, students need a solid background in economics or business economics. They should have acquired the basic conceptual frameworks of diverse areas in business economics and have a sufficiently broad view on the general economic and social contexts in which business operates as well as on the human networks within these organisations.

Detailed Programme Facts

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Book IELTS
  • Minimum required score:

    575

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score:

    90

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

  • Applicants should hold a university Bachelor's degree in Economics or Business Economics comparable to a Bachelor's degree in Economics
  • Applicants must prove their English language proficiency by means of a IELTS or TOEFL test. The minimum score for IELTS is 7, for the TOEFL internet based test it is 94. The minimal sub-scores are 20 out of 30 for the TOEFL results and 6.0 for the IELTS results
  • A GMAT/GRE -test result above the 75th percentile on the quantitative part is to be included in the application. 

Tuition Fee

  • International Applies to you

    1750 EUR/year
    Tuition Fee
    Based on the original amount of 1750 EUR per year and a duration of 12 months.
  • EU/EEA Applies to you

    906 EUR/year
    Tuition Fee
    Based on the original amount of 906 EUR per year and a duration of 12 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Leuven

870 - 1300 EUR/month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check the programme website for information about funding options.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.