4 semesters
Aug Oct
Study mode
Tuition fee (entire course)
Local students
Foreign students
Other costs
Other costs apply

About this course

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).

Flexibility is a key characteristic of the program. Besides three 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".

Entry Requirements

A bachelor’s degree in economics or a related discipline (business, statistics, mathematics, political science, international relations, etc.) with a regular period of study of at least six semesters (180 ECTS credit points). Currently, we require that applicants provide previous coursework in their undergraduate degrees of at least 60 ECTS in economics, 15 ECTS in statistics/econometrics and mathematics, and 40 ECTS in management/business administration. 

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.