EEA students: 3300 EUR / Non EEA students 7000 EUR
About the programme
The ERASMUS MUNDUS M.A. Economics of Globalisation and European Integration is a specialised academic training programme. The objective is to develop competences in the core subjects of the Programme for European and third country economists with career aspirations in universities, government and international organisations, and in research departments of large banks and economic research departments of large industrial or commercial corporations. Third country students will especially profit from an increased awareness of the place of the EU in the world economy in general, and with respect to worldwide globalisation and international trade in particular.
in the field of economics of globalisation, international trade and European economic integration. It provides a profound insight into the current scientific knowledge in this field and is supported by scientific research at the partner universities, both at these universities individually and in a network context. The Programme leads to an in-depth understanding in the following core fields: Advanced Microeconomics, Advanced Macroeconomics, Open Economy Macroeconomics and International Finance, Economics of Globalisation, Economics of European Integration, and International Trade: Theory and Policy. As a master degree in economics should also include a strong quantitative component, Applied Econometrics is taught as an additional core discipline.
The M.A. focuses on conveying the new insights that come from recent economic research with respect to the impact on the relations with the emerging economies in East Asia and Latin America of social evolutionary processes like trade globalisation, globalisation on international financial markets, globalised governance and the ‘knowledge economy’. In doing so, the M.A. programme adds to university excellence and yields European added value, thereby, at least indirectly, contributing to European competitiveness.
The M.A. programme also creates specific European added value and is completely in line with the Bologna declaration, the Berlin Communiqué and with EUA Joint Master Recommendations through 6 specific features: - European integration is one of the two core subjects of the Master Programme Economics of Globalisation and European Integration; - a joint European degree: 7 European universities from 6 EU countries, together with 2 universities from BRICS countries, jointly award a consortium diploma; - ECTS: the joint degree programme in entirely conceived within the philosophy and practice of the ECTS grading system; internal and external quality control is in place in accordance with ENIC-NARIC recommendations; - mobility: students move during the academic year as a group over three locations to three different countries, at least two of which are European; there is also teacher mobility; - language: students stay during the year in three different language environments and they are offered the possibility to receive free and credited language courses in the corresponding countries.
The study-programme is full-time and runs over one year. The language of instruction is English. Courses are taught by professors from all partner universities. Professors from all partner universities act as supervisors and evaluators of the final dissertation. The Programme consists of 60 ECTS credits, the taught part of the programme consisting of 45 credits and the dissertation having a weight of 15 credits. One credit is roughly equivalent to 25 working hours (lectures, assignments and study time). Optional, but credited, language courses are offered in each of the languages of the countries involved in the Consortium (English excepted).
The programme leads to a master degree called M.A. Economics of Globalisation and European Integration. The diplomas are certified jointly by the partners and are signed by the Rector, President or Vice-chancellor of each partner university.
The programme is aimed at students with career aspirations in research, in government and international organisations, and in research departments of large banks and industrial and commercial corporations.
The programme is open to students who have earned 240 ECTS credits in an economics or applied economics university study programme or have a bachelor degree in these areas that is considered by the Joint Studies Board to be equivalent. Applicants who are enrolled in the final year of their academic programme should submit an official letter in English from their university confirming that they are expected to finalise their course at the end of the current academic year, and submit up-to-date authenticated transcripts with the results of the previous years.
The proficiency in English of the students of the participating universities is checked by the local academic co-ordinators. Students from other universities should submit proof of an internet-based TOEFL level of minimum 90 (or its equivalent in another TOEFL score system), or a IELTS grade of at least 6.5, or should submit proof of having studied at least one academic year in an English-language programme.
The selection procedure of all students (with and without an EM scholarship) is a common one. After having passed the eligibility check (see above) the candidates are first ranked according to their study results (GPA and/or class of degree). The weights used to differentiate those applicants who passed the eligibility tests, are the following: 30% for the type of diploma, 30% for the GPA average, 20% for fluency in English and 20% for the reputation of the home university based on the Shanghai ranking. This ‘reputation’ criterion is applied in conjunction with the requirement to strive for regional balance in the student population. The global intake of new students (with and without a scholarship) is limited to 45.