Master in Applied Economics

duration10 months
languageEnglish
locationMadrid + One-week international field trip
intakeSeptember
MODE OF STUDYIn-person
FormatFull-time
duration10 months
languageEnglish
locationMadrid + One-week international field trip
intakeSeptember
MODE OF STUDYIn-person
FormatFull-time

THE MASTER IN APPLIED ECONOMICS PROGRAM

Gain hands-on experience and learn from leading industry experts and academics, boosting your career prospects in just ten months. The program is divided into three terms, offering students a mixture of core courses, elective specialist tracks, and a Final Project. Classes will take place in our vibrant and diverse Madrid campus.

POWERED BY RESEARCH, METHODS AND DATA

The Master in Applied Economics gives you all the industry know-how, with a practical twist. The far-reaching study plan is designed to future-proof your skill set. You’ll combine theory, research and data analysis to respond to real-world economic issues, giving you the hands-on experience that recruiters are looking for.

From learning about the fundamentals of economics to analyzing case studies and forecasting from models, you’ll be well-equipped to launch a successful career. Choose from one of three tracks in your third term to specialize and further your skills. From social policy to machine learning, you can be sure that this program offers you the most up-to-date analytical and technical perspectives into current economic issues.

WANT TO KNOW MORE?

EXPLORE THE MASTER IN APPLIED ECONOMICS

PERSONALIZE YOUR PROGRAM

After mastering the fundamentals, you’ll have the freedom to personalize your program, choosing from tracks specifically designed to address the needs of the market. Select the track that best suits your own career path from:

ECONOMICS FOR PUBLIC POLICY

This is the track for socially conscious professionals looking for a career where you’ll make an impact on large organizations such as the International Monetary Fund (IMF), the World Bank or national governments. In this track, you’ll study subjects such as health, education, labor economics, poverty and urban economics, giving you a comprehensive insight into the art of economic policy-making.

ECONOMIC ANALYSIS FOR CORPORATIONS

This track is for ambitious corporate leaders with the desire to master the more technical dimensions of economics. If you’re attracted to economic modeling, rigorous quantitative methods or the application of machine learning and data analytics to business, this is the track for you. 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 companies worldwide.

ECONOMIC CONSULTANCY AND MARKET REGULATION

If you’re looking to work for some of the most competitive consulting companies in the world, you’ll need the strategic vision provided by this track. Combine your knowledge of M&A, pricing analysis, project evaluation and market dynamics to become a successful consultant. Completing this track will place you firmly in the headlights of the largest consulting firms in the world.

*Providing an enriching learning environment is one of our priorities. With this in mind, if only a small number of students enroll in a specific track, that track will not run that academic year.

CAPSTONE PARTNERS

For their final project, students of the Master in Applied Economics can choose between an individual, research-oriented thesis or a practical team-based Capstone Consulting Project. Underneath you can find capstone partners for the Master in Applied Economics.

NOTE: The partners listed here are from previous intakes. Partnering institutions may vary from year to year.

GET TO KNOW MORE ABOUT THIS MASTER PROGRAM

Daniel Fernández, Academic Director of the Master in Applied Economics & Vice-dean of Economics, explains in-depth this program.

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IMMERSION WEEK EXPERIENCE

As part of your Master in Applied Economics, you will have the opportunity to be part of a one-week field trip where you will visit top companies in the field and get first-hand insights from leading industry experts. This is a great way to understand how these international organizations are tackling global challenges.

* Visits to organizations may vary from one year to another.

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PARTNER UNIVERSITIES FOR THE EXCHANGES

You can customize your program by spending an additional semester at one of our partner universities around the globe. This will come after the third and final semester in Madrid.

We have now finalized agreements with even more partner universities, offering you the choice of 8 world-leading institutions of higher learning to spend your optional semester learning in another country.

NOTE: Spots are limited in all exchange programs. Upon acceptance into an exchange program, there is a fee for reserving your place, but tuition at the partner institution is free of charge. You'll only need to cover your living expenses while there.

UNIVERSITY OF ST. GALLEN

UNIVERSITY OF ST. GALLEN

SciencesPo

SCIENCES PO

Universidad SanAndres

UNIVERSIDAD DE SAN ANDRÉS

UNIVERSITY OF ICELAND

UNIVERSITY OF ICELAND

LUISS, ROMA

LUISS, ROMA

UNIVERSITY OF BOLOGNA (ITALY)

UNIVERSITY OF BOLOGNA (ITALY)

TECHNICAL UNIVERSITY OF MUNICH

TECHNICAL UNIVERSITY OF MUNICH

Ashoka University

Central European University (CEU), Austria

Singapore Management University (SMU), Singapore

Frequently Asked Questions

What are the courses under Applied Economics?

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The 10-month Master in Applied Economics begins with a focus on fundamentals such as macroeconomics, microeconomics and statistics before advancing into practical and technical skills in the second term. The third and final term features a chosen specialization track.

What do I need to know about Applied Economics?

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Students of the Master in Applied Economics all have a strong quantitative background and are interested in pursuing a technical career in economics.

What do you need for an economics masters?

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When applying for a Master in Applied Economics, it’s important that you have a solid academic background with a high GPA in your undergraduate degree, or high grades in economics, statistics and math.

Is Masters of Applied Economics difficult?

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The Master in Applied Economics is a far-reaching, highly challenging program that offers a carefully balanced blend of theory, quantitative methods and hands-on practice.

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