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The Master in Economic Policy Siegen (MEPS) program is designed to prepare students for the challenges which an increasingly globalizing economy imposes on businesses, economic policy, and society. Therefore students receive a profound training in economic theory and econometric techniques and will be enabled to independently analyze questions of practical and political relevance empirically.
The master program has a strong international focus and is therefore taught entirely in English. It is a four-semester program beginning in 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 are more applied in nature and deal with various policy-relevant topics in economics. The two elective modules can be chosen from a total of six offered modules. Four of these modules provide a specialization in economics, whereas the remaining two modules cover various topics in business administration. One of the two selected elective modules needs to have an economic focus.
The MEPS program prepares students either for a successful professional career and/or an academic career in high-level economic research. It 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 in:
- Ministries and government agencies (ministries of finance and economic affairs, economic forecasting agencies, competition authorities and central banks).
- International organizations such as IMF, World Bank, OECD, ECB and many other institutions.
- Employer and employee organizations, consumer organizations, and environmental organizations.
- The private sector (especially in globally operating companies).
- Universities and research institutes.
1) To apply for the MEPS program you need to have an appropriate bachelor‘s degree with at least six semesters regular period of study.
2) 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.
3) 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 550 (paper-based), or 213 (computer-based test) or 79 (internet-based test). The TOEFL code for the University of Siegen is 8429.
- IELTS test with a minimum score of 5.5 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.
Examination regulations/degree plan/module manuals/internship rules
Examination regulations (POs) specify the basic structures of a degree program (e.g. admission requirements and contents to be studied). Students are automatically subject to the current version of their PO when they matriculate for their first subject-related semester. This means that even if the PO changes during their studies, the original version according to which they matriculated will remain valid (provided that the PO does not expire).
The respective degree plan is the recommended example progress of the studies in individual subjects and is part of a PO.
Supplementary provisions and details for any module to be studied can be found in the module manually (e.g. requirements for taking a written test or content-related information on the modules/events, ...).
The internship rules define the conditions under which the required or optional internships must be completed.
We recommend at least looking at the study schedule for your degree program before the lecture time starts, to ensure that you know which modules are intended for the start of your studies.