The Master of Economics programme offers students with a bachelor's degree a theoretical framework, allowing them to provide well-grounded answers to socio-economic questions. As an economist, you will observe the various players (individuals, companies, domestic and foreign governments) and their interactions within the global economy. You will be able to interpret the general economic situation in a wider social and legal context.
The programme consists of a common core of two programme units and a master's thesis.
You select one of the three majors:
The Faculty of Economics and Business has close links with top business schools around the world, such as Copenhagen Business School in Denmark, University of Cardiff in the UK, Hanken in Finland, SKEMA Business School in France, the University of Illinois in the United States, the University of Sydney and het University of Adelaide in Australia, Queen's University in Canada, Tsinghua and Fudan University in China, PUC in Brazil, City University of Hong Kong and many more institutions both in Europe and overseas.
For Student MSc in Business Economics, the faculty offers an additional semester at one of these destinations after completing 2 semesters in Leuven. Make your experience truly international by studying in different parts of the world.
Students should have a solid academic background in economics or business, including the most important domains in economics or business/management (such as macro and microeconomics), mathematics and statistics. Students should also be familiar with more general themes necessary for understanding the evolutions in the business world and be able to relate these evolutions to the broader social, juridical, political and societal context.
The Master of Economics programme aims to transfer an economic-science based structured reasoning about individual, interpersonal and social phenomena, so that the student is able to autonomously formulate an answer to questions or developments that the society/sector/company is facing.
The training aims knowledge, to provide understanding, skills and attitudes required to achieve recognition, structuring and solve complex economic issues in their contextual environment. In addition, the training aims the ability and skills to communicate and to report economic analysis and solutions and to test the results in an explicit ethical value framework.
Exit qualifications of the programme:
The student masters the general framework of economic analysis, the conceptual and methodological principles of economic science and can therefore recognize economic problems.
The student can - by means of economic research methods and techniques - carry out, independently and in teams as well - a complete analysis of economic problems. This includes: formulating the problem, selecting of information, master mathematical and econometric methods, setting up a research-based strategy, reporting and presentation of the research and the results, including the possible policy recommendations.
As a graduate, you will have a very informed perspective on society as a whole. Moreover, you will be equipped to address social problems in an economically and socially sound way. Thanks to the expertise and flexibility acquired throughout the course of the programme, you will be qualified for employment in a variety of contexts, including:
Upon completing the Master of Science in Business Economics, you will be able to apply scientific frameworks independently and critically, allowing you to evolve continuously in a dynamic society. By combining this programme with initial specialisations from your bachelor's programme, you will develop deeper insight into a broad range of fields. The programme is structured around the choice of a major and minor discipline, which allows you to fine-tune your personal graduation profile, and to apply research- and evidence based management practices and tools in various domains. You will gain expertise in selecting best practices in management in today’s volatile, complex and ambiguous business environments. The programme equips you for both entrepreneurship and start-up management as well as for management and strategic decision making in established organisations.
KU Leuven occupies a leading position in management and economic research and is highly ranked by the European Economic Association. Top-level research and education complement and strengthen each other. The Faculty of Economics and Business Alumni Association includes many leaders of industry, ensuring excellent career opportunities for our graduates.
The Faculty of Economics and Business has close links with top business schools around the world, such as Copenhagen Business School in Denmark, University of Cardiff in the UK, Hanken in Finland, SKEMA Business School in France, the University of Illinois in the United States, the University of Sydney and the University of Adelaide in Australia, Queen's University in Canada, Tsinghua and Fudan University in China, PUC in Brazil, City University of Hong Kong and many more institutions both in Europe and overseas.
For students MSc in Business Economics, the faculty offers an additional semester at one of these destinations after completing 2 semesters in Leuven. Make your experience truly international by studying in different parts of the world.
You have an entrepreneurial personality with broad socio-economic interests. You are fascinated by the business world and would like to pursue a management career in strategy, international business or finance.
To start this programme, students need a solid background in economics or business economics. They should have acquired the basic conceptual frameworks of diverse areas in business economics and have a sufficiently broad view on the general economic and social contexts in which business operates as well as on the human networks within these organisations.
Specifically, students need:
Building on previously acquired general economic knowledge and insights in business, the student is taught to judge complex business structures and propose creative solutions independently or in a team. He develops the skills to take on a management function in a company, he learns to fit decisions in with the whole structure of a company and assess strategic consequences for other departments of the company. He has a lot of specialised knowledge, but is also very versatile.
The programme consists of a compulsory part, a major and a minor and a Master's Thesis.
Graduates generally take up managerial and/or research positions in business, national and international institutions, and in managerial functions at universities. Given the variety of skills acquired, you will be highly sought-after by a wide range of companies (from small firms to multinational corporations) in a variety of positions and sectors in Belgium or abroad.
You can pursue a career as:
This is only a small selection of the many options available to you.
The Master in International Business Economics and Management (MIBEM) is a master program for holders of a degree in a non-business economic or management discipline. It prepares for a career in international business through the acquisition of business economic insights, knowledge and management skills.
The curriculum adopts a practical and business-oriented perspective, but still provides a thorough treatment, based in science, of major international business economic and management issues.
As a master of science program, MIBEM relies on insights from scientific research. Its primary purpose is not to prepare graduates for an academic career, but to foster an attitude of autonomous, critical and informed reflection in the search for solutions to concrete business problems. The program instills an international and business- and management oriented mindset in individuals educated in diverse backgrounds.
Students who have direct access, can follow the one-year Master's programme. Those who have no direct access, must first follow the 30 credits preparatory programme from September till January and start the Master's programme in February. They can finish the programme in January of the following academic year.
The ideal prospective student:
Students with no economics background are first, if necessary, introduced to the basics of economics and management in a 30 ECTS preparatory programme.
After the programme a master:
The MIBEM programme prepares students for management positions in a number of sectors. Obviously, your personal interest and prior education play a major role in your post-graduation path. Our graduates find employment in a broad range of sectors, including purchasing, sales, marketing, production control, planning and budgeting, financial management and ICT. Other graduates go on to a career in banking and insurance, become civil servants, work in one of the European institutions, or set up their own company.