The Master’s Programme in Quantitative Economics and Finance (MiQE/F) offers a high-quality graduate education in economic theory, finance and quantitative methods. Apart from a common set of core courses, our students are able to select from a larger menu of elective courses to specialise in economics, finance or a combination of both. The MiQE/F prepares its students for ambitious careers where a solid understanding of the theoretical fundamentals, as well as rigorous knowledge of quantitative methods, are required. This combination provides MiQE/F graduates with an advantage on the job market.
The MiQE/F is a research-oriented programme. The objective of the programme is to educate highly-qualified economists with special skills in the area of quantitative methods. The MiQE/F uniquely combines theoretical concepts, quantitative methods and their application to practical problems. On the basis of well-understood theory and methodology, students develop the skills necessary to analyze and solve complex practical problems.
Students need to successfully complete a course load of 90 ECTS in order to graduate with an M.A. HSG in Quantitative Economics and Finance.
In the MiQE/F programme, the compulsory courses mainly focus on economic theory and quantitative methods. This allows you to choose core electives according to your interests and talents and to shape your profile.
In the compulsory courses you will acquire basic methods and a theoretical knowledge of economics, finance and econometrics, as well as mathematics and statistics:
• Econometrics I / II
• Theory of Finance
• Advanced Microeconomics II
• Advanced Macroeconomics II
• Advanced Mathematics and Statistics
Core electives and specialisations
The core electives involve advanced application- oriented work and problem-solving and allow for various specialisations. The different areas of specialisation include optional courses in econometrics, finance and economics, which are important to prepare for quantitative applications. The three specialisation areas can be flexibly combined. You can choose core electives and will have the possibility to create your profile by specialising within a field of your interest:
• Quantitative economics
• Quantitative finance
• Corporate finance, banking and insurance
The independent electives may be chosen from other Master’s programmes or from core electives.
The topic of the Master’s thesis has to be chosen from the MiQE/F core studies. When writing your thesis, you will be applying the skills you have acquired to explore a special research topic. The thesis must be written in English.
Contextual Studies are an opportunity to acquire leadership skills and develop intellectually and culturally beyond the scope of core studies. You are free to choose from Contextual Studies irrespective of your particular Master’s programme.
The Master´s Programme in Quantitative Economics and Finance (MiQE/F) has been continuously renewing its structure and curriculum to meet the changing needs in today's academic and business worlds. For the updated programme content, please refer to the programme's website: http://www.miqef.unisg.ch
The Master’s Programme in Quantitative Economics and Finance recommends that students spend a semester abroad in the network of partner universities and other schemes for student exchange. The MiQE/F is part of the Quantitative Economics European Network (QUEEN), a network of several universities that offer Master’s programmes of sufficient depth and of high quality in quantitative economics and/or finance. The first partner in this network is the Master’s Programme in Quantitative Economics at the Goethe University Frankfurt in Germany.
Double degree and exchange programmes
By choosing the MiQE/F you can benefit from obtaining a double degree from the HSG and an additional leading European university: SSE, Stockholm (exclusively for economics students); ESADE, Barcelona; HEC, Paris; RSM, Rotterdam; and Bocconi, Milan. By choosing the MiQE/F, you will also have the opportunity to apply for the CEMS Master’s in International Management (CEMS MIM). To extend your choice of courses, the University of St.Gallen and the University of Constance (Germany) have agreed to cooperate at the Master’s Level. MiQE/F students thus have the possibility to choose certain courses from the Master’s Programme in International Economic Relations at the University of Constance, and vice versa.
Furthermore, the University of St.Gallen offers exchange programmes for its students with 190 partner universities worldwide.
Career perspectives - A competitive advantage
Typically, graduates who have studied economics lack a good education in quantitative methods, whereas mathematicians and statisticians often lack the necessary background in economics or finance. MiQE/F prepares participants for careers that require a good education in economics, finance, and quantitative methods. Therefore MiQE/F graduates have a competitive advantage on the job market. A rising demand for our alumni stems from the growing complexity of the global economy, competition, and increased reliance on quantitative methods for analyzing and forecasting financial developments, sales and other economic trends.
Besides, MiQE/F will be an ideal preparation for demanding Ph.D. programmes in Economics, Econometrics and/or Finance.
The programme is taught in English.