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  • Study Type

    Full time available

  • Subject Areas

    Economics

  • Start Date

    September

  • Course Duration

    2 years

  • Course Type

    MSc

  • Course Fees

    Tuition fee per year (non-EU/EEA students): 18000 €

  • Last Updated

    20 October 2017

Course content

Goal of the pro­gramme

This programme prepares you for a career as an economist in business, financial markets and the public sector. Upon completing the programme you will be awarded the Master of Social Sciences degree, having demonstrated that you have developed many skills needed in your future career:

  • Profound knowledge of economic theory and familiarity with scientific economic literature,
  • The ability to apply economic theory to solving practical problems and interpreting economic phenomena,
  • Familiarity with econometric methods and the ability to apply them to practical research problems,
  • The ability to collect and interpret empirical data,
  • The ability to communicate conclusions and assess the significance of the assumptions made for them,
  • Fluency in communicating economic issues to different domestic and international audiences as well as the capability to work independently and in multidisciplinary cooperation,
  • Readiness to assess your own professional performance and systematically develop it, and
  • Knowledge of sources of economic information and the ability to adopt new tools of economic analysis.

The programme comprises two tracks. The Research track is more demanding in that it gives more profound knowledge of economic theory and econometric methods than the General track. This track is particularly suitable if your goal is to pursue a doctoral degree in economics. Profound knowledge of economic theory and methods is also useful in many demanding careers as an economist.

The degree requirements in both tracks correspond to international standards, which will help you when finding employment and pursuing further studies towards a doctoral degree in Finland and globally.

Further information about the studies on the Master's programme website.

Pro­gramme con­tents

The module of Economic Theory and Econometric Methods, which you will take in the autumn semester of your first year of study, is the foundation of the programme. It covers the central microeconomic and macroeconomic theory as well as basic econometric methods. After completing this module, you can choose from a wide selection of fields of economics to concentrate on. Optional studies consist of additional courses in economics, or other university-level courses. In addition, an internship or a labour market project is included in the degree requirements.

The programme mostly comprises lecture courses. The courses on economic theory and econometric methods consist of lectures and exercise sessions; for the most part they are completed by taking a written examination. Depending on the track, you take 3 to 4 field courses, selected based on your interests. Additional field courses in economics can be included in the optional studies. In the field courses, you will be exposed to different teaching methods, such as problem-based learning and other group activities and seminars. Your grades in many field courses will be based on assignments, presentations and term papers in addition to a final examination.

Economics is a quantitative social science discipline, so you are expected to have good basic command of mathematics and statistics. Your skills in these areas will be systematically developed in this programme. Especially if you aim for a career as an economist or for doctoral studies, you are advised to include further methodological courses in your optional studies. In addition to mathematics and statistics, courses in computer science are recommended.

The structure of the programme is comparable to those of the Master's programmes in economics offered by the best international universities. It differs from the Master's programmes of the Finnish business schools in that the demanding courses in economic theory and econometrics comprise a greater proportion, and the goal is above all to prepare you for a career as an economist. The research track corresponds to Master's programmes in quantitative economics offered by some foreign universities. In line with our programme, the research track will prepare you for a career as an economist and for doctoral studies in economics.


Visit the Economics - MSSc page on the University of Helsinki website for more details!

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