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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 a small share of compulsory courses amounting to 30 credit points which are concerned with the acquisition of fundamental econometric theories and techniques. Apart from the master thesis (15 credits), there is a vast offer of elective courses to gain the remaining 75 credit points. Thus, MEPS students have the opportunity to design their study program in a way that it suits their interests and goals. Among others, students can specialize in various fields of economics, prepare a more scientific oriented career by choosing research modules, deepen their knowledge in courses which are more applied in nature or treat current topics of business and economics.
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.
Compulsory modules (first semester)
Advanced Macroeconomics, Advanced Microeconomics, Mathematics, Econometrics
Elective modules (second semester to fourth semester)
Basic elective Modules:
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) The final average grade of the
undergraduate degree should be 2,5 or better according to the
German grading scheme. The conversion of grades is done by
means of the Modified Bavarian Formula.
4) 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 B2 CEF - Common European Framework) has to be documented. English language qualifications comparable to a ‘B2 level‘ can be documented as follows:
- TOEFL test results of at least 531 (paper-based), or 197 (computer-based test) or 72 (internet-based test)
- IELTS test with a minimum score of 6 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.
The current examination regulations is valid.
Examination regulations/degree plan/module
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.