Economic Policy

Admission requirements

• To apply for the MEPS program you need to have an appropriate bachelor´s degree with at least six semesters regular period of study.
• An explicit academic background in economics is an advantage but not necessarily required. Should you have no explict or only a weak economic background we would like to ask you to especially document that your formal (mathematical and statistical) background is sufficient to enable you to meet the formal requirements of our quantitatively oriented master´s program.
• If English is not your first language or if your bachelor degree has not been achieved in a program taught entirely in English, additionally a sufficient knowledge of the English language level B1 CEF (Common European Framework) has to be documented. English language qualifications comparable to a ‚B1 level‘ can be documented as follows:
  
  
  • TOEFL test results of at least 500 (paper-based), or 170 (computerbased test) or 60 (internet-based test). The TOEFL code for the University of Siegen is 8429.
  • IELTS test with a minimum score of 5.0 points.
  • Cambridge/Oxford Certificate: PET.
  • English language qualifications obtained through at least five years of English instruction in secondary/high school. You are required to enclose copies of your upper secondary/high school certificates, including course and examination descriptions of your English language course for these five years.

Admission procedure

• application and online registration

Application

• Application deadline is July 15 for winter semesters.
• How to apply

Start of studies

• Winter semester

Duration of studies

• The general duration of studies is 4 semesters (2 years).

Master of Science

The Master of Economic Policy Siegen program is designed to prepare its students for the challenges which an increasingly globalizing economy imposes on businesses, economic policy and society. It endows its participants with the economic competence and analytical skills for a successful career in administration, government, national and international associations, and global business. To achieve this goal the MEPS program not only offers a profound training in economic theory and econometric techniques but also enables its students to independently analyze questions of practical and political relevance empirically.

The masters program has a strong international focus, it explicitly addresses an international audience and is therefore taught (apart from some non-obligatory courses) in English. It is a four-semester program beginning both in the winter (October). The academic faculty of the Department of Economics at the University of Siegen is not only very active and well-established in the national and international academic community, but is also highly committed and motivated to teach its students up-to-date economic knowledge in an accessible fashion.

The MEPS program consists of eight compulsory as well as two elective modules. Four of the compulsory modules are concerned with the acquisition of fundamental economic and econometric theories and techniques, whereas the other four modules have a more applied character and deal with various policy-relevant topics in economics. The two elective modules can be chosen from a total of six offered modules. Three of these modules provide a specialization in economic topics, whereas the remaining three modules cover various topics in business administration. One of the two selected elective modules needs to have an economic focus.

The MEPS program endows its studens with a sound knowledge in economics, econometrics and empirics, bringing them to the frontiers of current research. Furthermore, due to its quantitative orientation, it also trains the students‘ analytical and logical problem-solving skills and prepares them either for a successful (international) professional career and/or an academic career in high-level economic research. The MEPS program conveys a wide range of knowledge that opens up various job opportunities. Given the wide range of elective courses offered, graduates of the MEPS program have excellent job prospects for qualified positions in:

• Ministries and government agencies (ministries of finance and economic affairs, economic forecasting agencies, competition authorities and central banks).
• International organizations such as the IMF, World Bank, OECD, ECB as well as other European Community institutions.
• Employer and employee organizations, consumer organizations and environmental organizations.
• The private sector (especially in globally active companies).
• Given the sound education in economic theory and econometric methods the MEPS program can also serve as a first step in an academic career.

Programme website