Программа обучения Магистр Наук в Экономике

Программа обучения "Магистр Наук в Экономике" в Рурском Университете Бохума

Master of Science (MSc) in Economics

The Master of Science (MSc) in Economics at Ruhr-University Bochum (RUB) is an accredited two-year degree program that provides students with thorough knowledge of modern economic theories, concepts and techniques. While the program has a firm commitment to economic theory, the main focus is on applied economics and economic policy analysis. The MSc program is designed to enable students to identify the economic content of a problem, develop hypotheses, apply appropriate analytical tools and models, and develop policy alternatives. The full-time program is taught in English and starts twice a year in the summer and winter terms. No tuition fees are charged (apart from an enrollment fee).

Общая Информация по Программе обучения "Магистр Наук в Экономике"

  • Уровень: Магистратура
  • Диплом: Master of Science (M.Sc.)
  • Язык обучения: Английский
  • Начало обучения: Зимний семестр
    Летний семестр
  • Срок обучения: 4 семестров
  • Форма обучения: Полная
  • Стоимость: € 100 / Семестр
  • Семестровый взнос: € 336.50 / семестр
  • Минимальный уровень английского: B2

Описание программы обучения "Магистр Наук в Экономике"

Flexibility is a key characteristic of the program. Besides six core modules, students are offered a wide range of elective courses to choose from, and courses with varying degrees of abstraction and applicability are also available. The flexible, modular structure of the program allows for a significant amount of specialization in line with individual abilities and interests. For those students who wish to follow a certain study scheme during their Master, the program offers two specializations to choose from: “International Economics and Finance” and “"Economic Policy".Master student Niklas van den Boom"In the years I have studied the MSc in Economics here in Bochum I really enjoyed the large variety of the offered lectures. It doesn´t matter in what topic of economics you want to specialize, the appropriate modules are provided. Furthermore I just made great experiences concerning the professors and their chairs, which are surrounded by qualified and responsible teams, always approachable for the students.”The strong interaction between teaching faculty and students, as well as the small group size, guarantee a stimulating academic environment and optimal learning conditions. Combined with a good knowledge of the English language, the Master in Economics provides students with both theoretical and practical knowledge that is essential to take up interesting positions in the private sector and in public institutions. The program also serves as an excellent preparatory degree for those students wishing to move on to a Ph.D. program. Master student Christopher Krause"I study at Ruhr-University Bochum because the wide range of courses makes it possible to focus on my subjects of interest and to gain further expertise in all fields of economics. The close linkage between theory and empirical work lay the foundation of an interesting Master's program and a professional career in research."

Карьерные перспективы по завершению программы обучения "Магистр Наук в Экономике"

A master’s degree in economics provides you with a wide array of subject-specific and transferable skills, such as analytical skills, problem-solving, numeracy, communication and computing. All these skills are highly sought after by employers in the private sector and in public institutions. As a graduate of the Master in Economics, you can embark upon diverse careers and have excellent job prospects for qualified positions in:

  • Ministries and government agencies, particularly those concerned with economic affairs, 
  • International organizations such as the International Monetary Fund, the World Bank, the Organization for Economic Cooperation and Development, the European Central Bank (and other central banks) as well as other European Union institutions,
  • Think tanks, consultancy firms and economic advisory services,
  • The private sector, especially in financial institutions such as banks and international firms,
  • Research institutes and universities. 

In all these settings, employers will value your understanding of decision-making, your acquired skills, and your experience of viewing problems in the national and international context.

Master student Michaela van den Berg

"In my opinion the master program in economics at the Ruhr-University Bochum matches perfectly to students who are interested in an analytic study course. There is a great variety of modules you can choose to deepen your economic knowledge. It is possible to become generalist or specialist. You will be well prepared to work in research institutions as well as in companies which look for potential university graduates with analytical and numerical skills."

Международный обмен по программе обучения "Магистр Наук в Экономике"

In the program there is no compulsory semester to study abroad. However, master’s students have the possibility of spending a semester at one of the partner universities all over Europe and on many other continents. For example, the Faculty of Management and Economics at RUB offers an exchange program with Tongji University in Shanghai or with the HSBC Business School of Peking University Shenzhen in China. Students studying abroad via an exchange program will be exempt from all tuition fees at the host institution. In cooperation with our faculty, the HSBC Business School offers a scholarship for the stay in Shenzhen. You may apply for additional scholarships and grants (ERASMUS, DAAD, university scholarships). Please refer to the International Office where you will find further information and a list of all RUB’s partner universities: http://international.rub.de/ausland/studium/allekooperationen.html.en.Furthermore, for those students starting in the summer term the MSc Program offers the unique possibility of a double degree program in cooperation with the University of East Anglia in Norwich, UK. After spending the summer semester in Bochum, you will study two subsequent semesters in Norwich. For the fourth semester, you will come back to Bochum to write your master’s thesis. RUB students in the double degree program will receive a rebate in tuition fees in Norwich. For further information, please have a look at http://www.ruhr-uni-bochum.de/mak/mam/content/uea-doppelmaster_allgemein.pdf (document in English available soon) or contact the Chair of Macroeconomics, Prof. Roos.Besides, each winter semester, up to ten students are admitted to the English language program "PHBS-RUB Double Master in Economics and Finance" offered by the Faculty of Management and Economics at RUB and the Peking University HSBC Business School (PHBS) in Shenzhen, China. Successful Double Masters students are awarded to degrees: MSc in Economics (RUB) and Master of Finance (PHBS). This program is unique due to the fact that RUB and PHBS students study together several semesters in two different cultures (Germany and China). RUB Double Masters students spend theit first year at RUB and their second year at PHBS. The Double Masters Program provides students with intercultural and language competence which will improve their international employability considerably.

Учебный план программы обучения "Магистр Наук в Экономике"

Specialization

Although there are no compulsory modules or specializations in the MSc in Economics, students may want to pursue a certain study scheme. For this purpose the program offers two optional specializations: 

  • International Economics and Finance 
  • Economic Policy 

The specialization International Economics and Finance is devoted to deepening students' knowledge about international and development economics as well as finance and macroeconomics. Aspects covered include the integration of developing countries into the world economy, governance and institutions, poverty traps, macroeconomic distortions, financial crises, and disruptions in financial markets. The International Economics and Finance specialization will appeal particularly to students who expect their future careers to be in international financial organizations, central banks, development banks, commercial banks or international firms. 

The specialization Economic Policy focuses on market, regulatory and institutional aspects of policy problems at the micro- and macro-level. Practical applications of economic thought to issues in trade, monetary/finance, growth/development, health and environmental policies will be covered. The Economic Policy specialization will appeal particularly to students who expect their future careers to be in governmental agencies, NGOs, think tanks and economic advisory consultancies. 

To pursue one of the two specializations, you have to obtain 40 ECTS (out of 90 ECTS) in modules that count toward that specialization and write your master's thesis in that specialization.

 

A list of courses that give credit for the specializations can be found in the Student Handbook

Structure

The “Master of Science in Economics” is a two-year (four-semester) degree program. The first three semesters are scheduled for coursework while the fourth semester is reserved for the master’s thesis. A total of 120 ECTS (European Credit Transfer System) credit points have to be acquired, which implies a workload of 30 ECTS credits per semester. In order to graduate, students need to earn 90 ECTS through coursework and 30 ECTS through the master’s thesis. Considering the variety of courses offered the program differentiates between:

  • Core Modules: Macroeconomics I and II, Microeconomics I and II (5 ECTS per module) and Econometrics and Microeconometrics (10 ECTS per module). Students have to obtain at least 30 ECTS out of the six core modules during their studies. The core modules provide students with a solid knowledge base in economics at master’s level which they can later complement with more specialized electives. 
  • Specialized Modules: Every year there are about 20 different specialized economics modules offered in the fields of Applied and Theoretical Microeconomics, Empirical Economics, Energy Economics, International and Development Economics, Macroeconomics and Finance, Economic Policy etc. The class size in specialized modules is usually small (10-30 students).

You can find an overview of all economics modules in the Student Handbook. A detailed timetable of the courses offered during a particular semester can be found on the website of the Dean's Office.

  • Учебный план / модули: https://www.ruhr-uni-bochum.de/econmaster/Structure.html
  • Факультет

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    Требования к поступающим на программу обучения "Магистр Наук в Экономике"

    Admission to
    the MSc in Economics is determined by a selection procedure that
    assesses a student’s suitability for the program. We
    review individually whether applicants are able to fulfill the
    requirements for participation in the program. (see below). 

    In additon,
    from winter term 2015/16 on there will be restricted admission according to
    grade (“Numerus clausus”). Based on the average grade (at a bachelor level), the best applicants
    will be selected for participation in the program.

    Requirements for
    admission
     

    • A
      bachelor’s degree in economics or a related discipline
       
    • with a regular period of at least six
      semesters (180 ECTS credit points) and
    • with completed coursework
      of at least 40 ECTS in economics and 15 ECTS in statistics/econometrics
      and mathematics. 
    • Good
      command of the English language
      , as the program is taught
      entirely in English. Applicants need to have English language skills
      according to the Common European Framework of Reference for Languages
      Level B2. The following proof of English proficiency will be
      accepted: 
    • TOEFL*
      (Test of English as a Foreign Language): Minimum total score of
      87 points (internet-based)
    • IELTS**
      (International English Language Testing System): Minimum Overall band
      score 6.5
    • Cambridge
      First Certificate in English (FCE) and Cambridge
      Certificate in Advanced English (CAE)***
    • Proof of
      a bachelor's degree with English being  the medium of instruction
      (Evidence of this will either need to be included on a transcript or
      letter from your university, both need to be officially signed and
      sealed.)
    • Certified copy of the German “Abitur”-certificate
    • Native
      speakers from Australia, Canada, Great Britain, New Zealand,  and the United States are exempt

    English proficiency tests other than the ones listed above, and test
    scores older than two years from the date of application are not
    accepted.


    *
    ETS can submit your TOEFL scores directly to 
    the Master Coordination Office. The
    TOEFL-code for the MSc in Economics is 3296 (Institution Name:
    “Ruhr-Universität Bochum, MSc in Economics”). Simple photocopies
    of TOEFL reports are not accepted! We only accept TOEFL reports
    directly send to us by ETS. 

    ** A simple photocopy of your IELTS Test Report Form is accepted, as we
    can verify your test results online through IELTS’s verification
    service by using your Test Report Form Number. 

    *** A simple photocopy of your FCE or CAE certificates is accepted, if
    you also send us your Candidate ID and Candidate Secret Number (printed
    on your Statement of Entry). With these we can use CambridgeESOL’s
    online verification service to check your certificate’s authenticity.

    Процедура поступления на программу обучения "Магистр Наук в Экономике"

    Application

    In order to apply for the MSc
    in Economics program, you need to follow two steps: 

    1) Apply online through
    Ruhr-University Bochum’s online application system. 

    2) After applying online send
    all required documents by post to Ruhr-University Bochum’s admission
    office. 

    Application
    deadlines
     

    July 15th for the winter
    semester starting October 1st 

    January
    15th for the summer semester starting April 1st
     

    RUB’s online application system
    can be accessed HERE. The online application
    system is activated in late May for applications to the winter semester
    and in late November for applications to the summer semester. 

    It is not possible to submit
    applications before the online application system opens. Applications
    by Email are not accepted!
     

    Application
    Process
     

    After applying online you will
    receive an Email with a PDF-attachment named “online application check
    sheet” (“Kontrollblatt”). The check sheet will show your application
    number, further instructions on how to proceed and a list of all
    required documents that you need to send through the post to RUB’s
    admission office (The address will be printed on the sheet). 

    All required documents need to
    arrive at the admission office (“Zulassungsstelle”) no later than July 15th/ January
    15th
    , if you wish to start the following winter/ summer
    semester. Please send your application documents directly to RUB’s admission office
    (not
    to the Master in Economics Coordination Office!), and only after you have
    applied online and obtained an online application number. (Sending
    documents to the admission office without applying online first makes
    your application invalid!) 

    Required
    Application Documents
     

    1. A certified copy of your original
      bachelor’s degree. 
    2. A certified
      copy of your bachelor’s
      degree translated by a certified
      translator into German or English, if the original is not in
      one of the
      two languages. 
    3. A
      certified
      copy of your transcript of
      records covering all courses,
      grades and credit points obtained including an average grade of all
      obtained courses
      . (If your transcript does not
      show
      ECTS credits or no credits at all, your workload will be converted to
      ECTS credits accordingly). 
    4. Evidence of
      English language proficiency (see Admission
      Requirements

      ). 
    5. The
      original APS certificate (relevant
      for applicants from China,
      Mongolia and Vietnam only
      ). This is to determine the
      equivalence of
      entrance qualifications. RUB only accepts applications from these
      countries if they are accompanied by this certificate of
      authenticity. 

    In addition, it is desirable
    (but not compulsory) that you submit: 

    1. A
      curriculum vitae (CV). (Your CV should
      include your personal
      details and list your previous education and relevant work
      experience.) 
    2. A letter of
      motivation in English.
      (Please supply a letter, 1 page
      in length, stating your reasons for applying to the program
      and why you
      should be admitted.) 

    After you have mailed your
    application documents, you can track the
    receipt and progress of your application in your online
    application
    account

    International
    applicants (from outside the EU without a German bachelor’s degree)

    If
    you need a visa for your studies in Germany, you must supply ALL required
    documents by the application deadline (July 15th/ January 15th). Applications received after the deadline will be rejected.

    German
    and European Union applicants

    If you have not received your
    bachelor’s degree certificate 
    by July 15th/ January 15th, or you are still studying in your final
    semester by July 15th/ January 15th, you may still apply and submit your
    application without your degree certificates by July 15th/ January
    15th. Eligibility for the program will be based on your
    most current transcript of records. 
    Please note that your
    transcript needs to show an average grade of all obtained courses and that at
    least 150 of 180 ECTS need to be successfully completed when you apply.
    Provided that the credits on your
    transcript fulfill the admission requirements regarding prior coursework, you fulfill the language requirements
    and your average grade of
    your preliminary transcript of records fulfills the required grade (‘Numerus
    Clausus’)
    , you will receive an
    admission letter conditional upon providing your bachelor’s degree
    certificate by RUB’s enrolment period (shortly before the start of a
    semester). In any case, you must have completed your studies and
    received your final degree/diploma by the time of RUB enrolment, otherwise
    you must not enroll and your admission letter becomes void.

    There
    is no option of late submission
    . Applications received
    after application deadline will be rejected.
    If you miss
    more documents than your bachelor’s degree certificate or if you need
    credit points from your final semester to fulfill our admission
    requirements and cannot meet the application deadline (July 15th/
    January 15th), 
    you need to wait until the
    next application period.

    Admission
    Notification
     

    After the application deadline
    all
    applications with submitted documents will be reviewed to determine
    whether the admission requirements are met. Admission notifications
    will be sent out by early
    to mid-August
    for the winter semester program
    and by early to
    mid-February

    for the summer semester program. German/EU
    applicants who are not able to supply their final degree certificates
    by the application deadline are admitted conditional upon providing
    their certificate by the time of enrolment (international students from
    outside the European Union have to supply all documents by July 15th/
    January 15th!).  

    You can download your admission
    letter
    from your online
    application account
    (admission letters are only available for download and not
    mailed through the post!). The time and
    place of the official registration/ enrolment period, as well as the
    documents required to enroll, will be announced on your admission
    letter. If you are an international student, you will also need to take
    care of certain formalities, such as health care,
    visa and proof of
    finances. 

    Please note that before
    enrolment all students have to obtain
    a confirmation letter
    from the Master Coordination Office stating that
    they have attended mandatory
    counseling
    (“Obligatorisches
    Beratungsgespräch”). Students can receive mandatory counseling on
    certain days during the enrolment period. The exact dates will be
    announced on our website and on your admission letters. 

    Due to
    university regulations and the time needed to process all applications,
    it is not possible to receive your admission letter before the
    application deadline. We are aware that some international students
    need to apply for their visas early and therefore wish to obtain their
    admission notifications earlier. However, this is not possible, as it
    would violate university regulations. We would like to ask all
    applicants for patience and to please refrain from asking for special
    treatment.

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