Master in Applied Economics

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Advance your career in economics with a unique, hands-on program that gives you expert insight into the latest developments in the economic arena. If you’re interested in monetary or fiscal policy, financial markets, how data analytics are changing business, or how labor markets are changing, this is the degree for you. In the Master in Applied Economics, you’ll acquire the most up-to-date technical tools for analyzing global markets and understanding complex economic policies. Combine research and quantitative analysis to follow the latest trends and solve pivotal economic challenges for states and businesses.

10 months





Mode of study






This program is designed to kickstart your career and give you the best opportunity for success in economic policy, consultancy or in the corporate world. With a carefully balanced blend of theory, quantitative methods and hands-on practice, you’ll develop highly sought-after skills from strategic management and research to critical thinking and analytical reasoning.



Personalize your program

After mastering the fundamentals, you’ll have the freedom to personalize your program. Choose your specialization from three different tracks, designed to get you laser-focused on your career area of interest and address the evolving market needs. With your specialization, you’ll open doors of opportunity and become a highly competitive candidate for the job of your choice. Select one of three tracks that best suits your personal career path from:


This track is the perfect fit for professionals who want to make a tangible impact through their work. If you’re interested in joining large institutions like the International Monetary Fund (IMF) and the World Bank, government agencies or economic policy organizations, you are on the right track.

You’ll study subjects such as health, education, labor economics, poverty and urban economics, giving you comprehensive insight into the art of economic policy-making.


This track is designed to meet the needs of ambitious business leaders with a desire to master the more technical aspects of economics. It is specifically made for professionals who want to venture into roles in private institutions within the financial sector, working with industry giants such as Bloomberg, Goldman Sachs and JP Morgan, among many more.

If you’re drawn to economic modeling, rigorous quantitative methods or the application of machine learning and data analytics to business, this track is your best fit. Learn to wield the tools behind complex operations, asset management, investment modeling and the modern financial services industry, gaining in-demand skills that few people possess and placing you front and center for positions at the most prestigious financial institutions worldwide.


In this track, you will discover how to transform companies into well-oiled, thriving, vision-driven machines. Combine your knowledge of M&A, pricing analysis, project evaluation and market dynamics to build a successful career in business consultancy, economic consultancy, data analysis, business and finance.

This track will get you noticed by some of the most competitive consulting companies in the world. After completing it, you will be a firm competitor for positions in leading firms like KPMG, PricewaterhouseCoopers (PwC), Deloitte and EY.

We work closely with all categories of employers, placing us in the best position to anticipate their professional needs and understand the most in-demand skills. By the end of this master’s program, participants will be ideally positioned to work in these potential areas of employment:

  • The financial sector (consulting firms or private companies)
  • Economic consulting or data analysis (international organizations)
  • Economic policy agencies (government agencies)

Whichever track you choose, you’ll be collaborating and networking with like-minded individuals with similar interests, all while experiencing everything that our vibrant Madrid campus has to offer.

Andra Cioara

Senior Manager-Global Recruitment

Any doubts?

Schedule a personal consultation call with our Global Recruitment team and solve all your questions!


Students who wish to obtain an Official University Degree issued by the Ministry of Education in Spain must fulfill the following requirements.


Patricia Gabaldón, Associate Professor of Economic Environment at IE University, explains in-depth the Master Program in Applied Economics.

Gain in-demand skills to stand out in the labor market

If you’re eager to find a position at a top firm straight after graduating, you’ll need the skills and know-how to build and wield the tools behind global economics. Our curriculum is specifically curated to reflect the demands of today’s market. This means practical subjects taught by expert professors who are both academics as well as high-profile industry leaders, and who will prepare you to enter the world of work.

At IE University, we understand the importance of technology in today’s economy. Not enough professionals in the field of economics have a strong understanding of how technological change is changing business, labor and economic policy. Our Master in Applied Economics addresses this head on so that you’ll be sure to stand out when entering the job market.

This program is designed to make you highly employable. During the 10-month program, you will forecast trends, simulate models and implement strategic decision-making using cutting-edge technology.

5 reasons to study the Master in Applied Economics

Economics at IE University

At IE University, the study of economics is a gateway to greater impact in a world where the discipline is interwoven with tech, management and human progress. See what’s possible at IE University.

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Liquid Learning in the Classroom

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Agility, flexibility and fluidity are key to navigating today’s increasingly digital, constantly changing world.

At IE University we have developed Liquid Learning, a unique and evidence-based educational model that transcends conventional learning methodologies and platforms by fusing physical and digital learning spaces so that you can access first-rate education, no matter where you are.

In the particular case of the Master in Applied Economics, you are expected to attend your classes in person. However, if you are unable to attend for justifiable reasons, you have the possibility to participate remotely as a temporary solution.

Find out more about Liquid Learning at IE University

Unsure if this is the right program to help you on your professional journey?

At IE University, we have carefully streamlined related subject areas to create unique paths featuring similar programs. Guided by these paths, you can take control and discover the right program for you.

Explore these 2 areas to find the specific program that fits with your career goals.