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MSc in Political Economy


Course Description

MSc in Political Economy
The programme in Political Economy offers bolder challenges than mainstream business economics, but better career opportunities than a traditional social science education.
The programme focuses on phenomena and processes in the boundary areas between politics and economics, both in a national and in an international context. All organizations and economies as a whole rely on government relations. Understanding government is an important asset for the business sector as well as non-profit organizations.

Programme Focus
The MSc programme in Political Economy offers students a theoretical, empirical and practical education, and is organized aroud four core issues.

The MSc programme in Political Economy offers students a theoretical, empirical and practical education, and is organized aroud four core issues:

The global impetus: The challenge of supranational institutions and international competition to national
policy-making.

The welfare state: The challenge of demographic changes and changing attitudes to work-participation.

The service state: The challenge of new public management to government service provision.

The regulatory state: The combined challenges of serious ecological degradation and intensified global market competition.

Programme Structure
The Master of Science in Political Economy is a two-year, 120-ECTS-credit programme, 90 course credits and 30 MSc thesis credits.

The MSc programme has three types of courses:

Common courses, which provide a common methodological platform for all MSc students at BI; typically taken in the first year of the programme.

Specialisation courses, which address core topics in political economy and provide the basis for independent analysis; typically taken in the first year of the programme.

Advanced specialisation courses, which explore the key questions in polticial economy in greater depth; typically taken in the second year of the programme.

The programme culminates in the MSc thesis, which enables the student to pursue in depth a particular area of interest and develop a personal understanding of a leading edge issue in the field of specialization.

Year 1
5 common courses 30 credits
5 specializations courses 30 credits
Total 60 credits

Year 2
5 advances specialization courses 30 credits
MSc thesis 30 credits
Total 60 credits
Common Courses:

Core Concepts in Political Economy
Research Methodology
Multivariate Statistics
Intermediate Micoeconomics
Corporate Social Responsibility

Specialisation courses:
Global Politics
European Union Politics
Public Opinion and Input Politics
Mission Based Organizations

One elective course:
International Macroeconomics
Environmental Economics
Organizational Behaviour

Advanced Specialisation Courses:
Political Economy and Macro Economics
The Political Economy of Regulation
The Political Economy of Government: Public Policy and Reform
The Political Economy of Redistribution
The Political Process: The Firm, Organised Interests and Lobbying

About the Programme
The purpose of the program is to offer students a thorough understanding of the interaction between the market economy and political systems and the local, national and supra-national level.

On basis of modern theories of political economy, students will learn how governments affect the conditions of for-profit corporations and non-profit organizations, and how these organizations can influence government decisions. Students will be equipped with important practical tools, including quantitative methods, writing up professional reports, and bargaining skills.

Master Thesis
Each Master of Science programme includes a thesis, which is a major exercise in information research and analysis. The thesis is a substantial element both in terms of workload and in terms of credits.

The thesis process starts during the first year of the programme with the "Research Methodology" course. This course will give you a solid foundation for doing your own research and the ability to be a knwoledable consumer of others' research. It will also lead to the identification of the topic ofor investigation and the research proposal.

You will work on your thesis in teams of two students.
Under the guidance of an academic supervisor, you will then work on an in-depth investigation of your chosen topic during the second year of the programme

Academic requirements:
A solid academic record with a satisfactory GPA. See specific GPA requirements for the different programmes.
A satisfactory score (average 600) on the Graduate Management Admission Test (GMAT). A GMAT requirement waiver may be granted under certain conditions: contact the MSc administration for details.
A satisfactory score on IELTS or TOEFL language tests.
The requirements may be subject to change.

Programme commencement date: Mid August
Application deadline: 15 April

Entry Requirements

Bachelors Degree (180 ECTS Credits) in a business related discipline

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