Dual Degree in Economics & Applied Mathematics | IE University

Dual Degree in Economics & Applied Mathematics

​​​Solve global challenges with economics and mathematics
duration5 years
languageEnglish
locationSegovia and Madrid
intakeSeptember
Mode of studyFull-time
FormatIn-person
duration5 years
languageEnglish
locationSegovia and Madrid
intakeSeptember
Mode of studyFull-time
FormatIn-person

A UNIQUE Dual Degree in Economics & Applied Mathematics

The study plan for the Dual Degree in Economics & Applied Mathematics is designed to harness the combined power of two in-demand areas of expertise. The natural relationship between these two fields is underlined throughout the program and points of intersection will be studied in depth in order for you to apply your theoretical knowledge to tangible situations.

The plan will ensure you acquire a solid knowledge base in each individual discipline, as well as develop a deep understanding of the relationship between the two. Throughout the five-year program, you’ll have the chance to undertake a range of experiential learning opportunities including study-abroad programs, cultural immersion experiences, industry projects and more, allowing you to put your knowledge into practice and enhance your understanding of the concepts learned.

Dual degrees | IE University
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Dual Degree in Economics & Applied Mathematics Study Plan

YEAR 1
More information below
1ST SEMESTER
Courses
Calculus I
Professors
Type
Core
ECTS
6

Courses
Linear Algebra
Professors
Type
Core
ECTS
6

Courses
Discrete Mathematics
Professors
Type
Core
ECTS
6

Courses
Computer programming I
Professors
Type
Core
ECTS
6

Courses
Foundations of Microeconomics
Professors
Type
Core
ECTS
6

Courses
Foundations of Macroeconomics
Professors
Type
Core
ECTS
6

Courses
Economic history
Professors
Type
Core
ECTS
6

2ND SEMESTER
Courses
Development and Growth Economics
Professors
Type
Core
ECTS
6

Courses
International Trade and Monetary Systems
Professors
Type
Core
ECTS
6

Courses
Programming For Economists I
Professors
Type
Mandatory
ECTS
3

Courses
Computer programming II
Professors
Type
Core
ECTS
6

Courses
Calculus II
Professors
Type
Core
ECTS
6

Courses
Probability and Statistics
Professors
Type
Core
ECTS
6

YEAR 2
More information below
1ST SEMESTER
Courses
Geometry
Professors
Type
Core
ECTS
6

Courses
Ordinary Differential Equations
Professors
Type
Core
ECTS
6

Courses
Numerical methods
Professors
Type
Core
ECTS
6

Courses
Machine Learning
Professors
Type
Mandatory
ECTS
6

Courses
Industrial Organization & Strategy
Professors
Type
Mandatory
ECTS
6

Courses
New Economy: Digital Ecosystems & Platforms
Professors
Type
Mandatory
ECTS
3

Courses
Public Economics & Political Economy
Professors
Type
Core
ECTS
6

2ND SEMESTER
Courses
Humanities
Professors
Type
Mandatory
ECTS
6

Courses
Game Theory
Professors
Type
Core
ECTS
6

Courses
Statistical modeling
Professors
Type
Mandatory
ECTS
6

Courses
Databases
Professors
Type
Mandatory
ECTS
3

Courses
Data visualization
Professors
Type
Mandatory
ECTS
3

Courses
Mathematical modeling
Professors
Type
Mandatory
ECTS
6

Courses
Research Methods
Professors
Type
Mandatory
ECTS
3

Courses
Market, Auction & Contract Design
Professors
Type
Mandatory
ECTS
3

YEAR 3
More information below
1ST SEMESTER
Courses
Technology
Professors
Type
Mandatory
ECTS
3

Courses
Optimization I
Professors
Type
Mandatory
ECTS
6

Courses
Numerical Linear Algebra
Professors
Type
Mandatory
ECTS
6

Courses
Blockchain and Cryptocurrency
Professors
Type
Mandatory
ECTS
3

Courses
Financial Economics & Accounting
Professors
Type
Mandatory
ECTS
6

Courses
Labor Economics, Digitalization, and AI
Professors
Type
Mandatory
ECTS
3

Courses
Computational macroeconometrics
Professors
Type
Mandatory
ECTS
3

Courses
Environmental Economics
Professors
Type
Mandatory
ECTS
3

2ND SEMESTER
Courses
Entrepreneurship
Professors
Type
Mandatory
ECTS
6

Courses
Optimization II
Professors
Type
Mandatory
ECTS
6

Courses
Approximation
Professors
Type
Mandatory
ECTS
6

Courses
Corporate Finance
Professors
Type
Mandatory
ECTS
6

Courses
Institutional Economics
Professors
Type
Mandatory
ECTS
6

Courses
Economic Reporting Lab
Professors
Type
Mandatory
ECTS
3

YEAR 4
More information below
1ST SEMESTER
Courses
Algorithms
Professors
Type
Mandatory
ECTS
6

Courses
Optimization III
Professors
Type
Mandatory
ECTS
6

Courses
Partial differential equations
Professors
Type
Mandatory
ECTS
6

Courses
Microeconometrics
Professors
Type
Mandatory
ECTS
3

Courses
Capital Markets
Professors
Type
Mandatory
ECTS
3

Courses
Behavioural Economics, Finance & Decision Making
Professors
Type
Mandatory
ECTS
6

Courses
IE- Challenge
Professors
Type
Mandatory
ECTS
6

2ND SEMESTER
Courses
Nonlinear dynamics
Professors
Type
Mandatory
ECTS
6

Courses
Deep Learning
Professors
Type
Mandatory
ECTS
6

Courses
Bayesian statistics & stochastic processes
Professors
Type
Mandatory
ECTS
6

Courses
Economic Research: Regions & Industries
Professors
Type
Mandatory
ECTS
6

Courses
Econometrics II: Forecasting & Identification
Professors
Type
Mandatory
ECTS
3

Courses
Economic Research: Consumers & Markets
Professors
Type
Mandatory
ECTS
6

YEAR 5
More information below
1ST SEMESTER
Courses
Electives
Professors
Type
Elective
ECTS
30

2ND SEMESTER
Courses
Electives
Professors
Type
Elective
ECTS
12

Courses
Final Project (BAM)
Professors
Type
FP
ECTS
12

Courses
Final Project (BIE)
Professors
Type
FP
ECTS
12

Components
Credits

CORE COURSES
102
MANDATORY COURSES
183
ELECTIVE COURSES
42
FINAL PROJECT
24

CREDITS NEEDED TO GRADUATE
351
* This study plan is under review and is subject to change.

LEARN MORE ABOUT OUR Dual Degree in Economics & Applied Mathematics

First Year - Dual Degre in Economics and Applied Mathematics | IE University

FIRST YEAR

The first year of the dual degree program will provide you with a solid foundation in both economics and mathematics. You will delve into core subjects such as Calculus, Linear Algebra, Discrete Mathematics and Computer Programming (including Programming for Economists), which will develop your mathematical thinking and computational skills. Simultaneously, you will explore the fundamentals of Microeconomics and Macroeconomics, as well as Economic History.

This interdisciplinary approach in the first year sets the stage for integrating mathematical reasoning with economic analysis throughout the later stages of the program, but also gives you insights into the functioning of different individuals, markets and economies as you develop your understanding of International Trade and Monetary Systems, and of what the numbers involved represent in Probability and Statistics.

Second Year - Dual Degre in Economics and Applied Mathematics | IE University

SECOND YEAR

In your second year, you will expand your knowledge and skills across the two disciplines. You will study mathematics courses such as Geometry, Ordinary Differential Equations and Numerical Methods, and further explore the analysis and interpretation of economic data through subjects including Statistical Modeling, Databases and Data Visualization. Cutting-edge topics like Machine Learning, Industrial Organization and Strategy, Public Economics & Political Economy and the New Economy: Digital Ecosystems and Platforms module will better your understanding of the dynamics of economic systems in the digital era. You’ll also explore Research Methods, examine the tools that give you the power to understand what’s in the numbers you’ll encounter, and how to present them in Statistical and Mathematical Modeling modules, Databases and Data Visualization.

Third Year - Dual Degre in Economics and Applied Mathematics | IE University

THIRD YEAR

The third year is designed to enhance your expertise in both economics and mathematics while exploring specialized areas and the effects of technology within the field. You will tackle subjects including Optimization and Numerical Linear Algebra, acquiring advanced mathematical techniques applicable to complex economic phenomena. Additionally, courses such as Corporate Finance, both Institutional and Labor Economics, Digitalization & AI, Financial Economics & Accounting, Blockchain & Cryptocurrency and Environmental Economics will provide you with broad insights into how both economic principles, sustainability considerations and emerging technologies shape industries, markets and sustainable development. This year also presents opportunities for entrepreneurial exploration, interdisciplinary collaboration and research through the Economic Reporting Lab.

Fourth Year - Dual Degree in Economics and Applied Mathematics | IE University

FOURTH YEAR

Year four of the program encourages you to synthesize your knowledge and skills through more advanced courses. A deep dive into topics like Algorithms, Partial Differential Equations, Nonlinear Dynamics, Deep Learning and Bayesian statistics & stochastic processes will see you leverage your mathematical and computational expertise to address intricate economic problems. In parallel, you will explore wider economic subjects including Behavioral Economics, Finance & Decision Making—which seeks to address the complexities of human behavior, economic decision-making and the impact of technology on the economy—Capital Markets, Microeconometrics and different types of Economic Research.

Fifth Year - Dual Degre in Economics and Applied Mathematics | IE University

FIFTH YEAR

The final year of the dual degree program places a greater focus on specialization and practical application. This year gives you the chance to choose elective courses that align with your individual interests and career aspirations, alongside the opportunity to complete an internship or to take part in an exchange. Moreover, you will undertake your Final and Capstone Projects—the pinnacle of your academic journey—showcasing your ability to apply mathematical and economic knowledge to address real-world challenges. This culminating experience ensures you are fully prepared to enter the workforce or pursue further studies having built a comprehensive understanding of economics and applied mathematics.

The Dual Degree in Economics & Applied Mathematics Learning Journey

Your path to career success unveiled through our engaging infographic: Explore it to discover more about the program structure!

Infografía BIEBAM CTA

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Probability & Math Masterclass | IE University

BETTER CONNECTIONS

Our agreement with the Royal Spanish Mathematical Society (Real Sociedad Matemática Española, RSME) validates the exceptional quality of our Bachelor in Economics and Applied Mathematics program, offering students valuable insights, opportunities, and connections with industry and academia, empowering their careers in the multidisciplinary world of applied mathematics.

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Auxiliar Information
BAM - Real Sociedad Español de matematicas
BAM - Real Sociedad Español de matematicas
BAM - Real Sociedad Español de matematicas

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