The European Joint Master degree in Economics provides a rigorous education in fundamental quantitative tools by combining economic theory with related quantitative disciplines such as Econometrics,

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

, Actuarial Science, Probability,

Statistics Statistics (from German language, German: ''wikt:Statistik#German, Statistik'', "description of a State (polity), state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of ...

, Mathematical Modeling,

Computation Computation is any type of arithmetic or non-arithmetic calculation that follows a well-defined model (e.g., an algorithm). Mechanical or electronic devices (or, historically, people) that perform computations are known as ''computers''. An es ...

and Simulation, Experimental Design, and Political Science, managed by consortia of higher education institutions from the European Union. The first European Joint Master degree in Economics was the Erasmus Mundus QEM - Models and Methods of Quantitative Economics. It was approved by the European Union in 2006 as international graduate degree program designed by a Consortium of European Universities. The number of European universities or institutions making up a consortium varies from the degree awarding program. The nature of the degree differs from other master's degree in Economics or finance. Compared to the Master of Finance or Master of Economics, this European degree is joint and prepares graduate for a wide range of careers which utilize their competency in economics, including economic theory,

macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...

and financial forecasting, financial engineering and risk management, quantitative

asset management Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

, computational economics, quantitative trading, and applied and theoretical research. Unlike programs which are substantially quantitative, this degree provide a merge of both theory and empirics useful in practice. Closely related degrees include the "Master of Quantitative Finance and Economics" and "Master of Finance and Economics". Often, the degree prepares graduates for both research orientation for further studies and in the job market for positions in government organizations, private companies or financial institutions. This joint degree is officially recognized as a master degree in each university and each country with the same rights and duties with the national degree. The degree is gaining in recognition as graduate placements have increased over the past few years.

Structure

European Joint Master degree in Economics is usually two years in duration, and typically include a thesis, an internship or research component. The programs require a bachelor's degree or an equivalent qualification at the same level, i.e. 180 ECTS credits in the European Credit Transfer and Accumulation System prior to admission. A typical requirement is exposure to economics,

mathematics Mathematics is an area of knowledge that includes the topics of numbers, formulas and related structures, shapes and the spaces in which they are contained, and quantities and their changes. These topics are represented in modern mathematics ...

, applied mathematics, quantitative economics or finance. Like many master programs in Economics or finance, a review of

statistics Statistics (from German language, German: ''wikt:Statistik#German, Statistik'', "description of a State (polity), state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of ...

, probability theory, linear algebra and calculus are provided as a preliminary course. The curriculum is distributed between theory, applications, and simulations, with the emphasis on each differing by university in the

consortium A consortium (plural: consortia) is an association of two or more individuals, companies, organizations or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for ...

. The degree programs are usually funded by the Erasmus Mundus Scholarship.

List of European Joint Master degree Programs in Economics

The list of programs awarding this joint degree are as follows: *

EMLE The European Master in Law & Economics, also known as EMLE, is an Erasmus Mundus post-graduate master's degree. It focuses on "interdisciplinary studies of law and economics" and "an advanced understanding of the economic effects of divergent laws ...

- European Master in Law and Economics *EMIN - Erasmus Mundus Joint Master in Economics and Management of Network Industries *EPOG - Master's Course - Economic Policies in the age of Globalisation : knowledge, finance and development *MEGEI - MA Economics of Globalisation and European Integration *QEM - Erasmus Mundus Models and Methods of Quantitative Economics

List of Participating Institutions

Here are some institutions among

of universities offering the European Joint Master degree in Economics: * Université Paris 1 Panthéon-Sorbonne, Paris, France * Universidad Autónoma de Barcelona Barcelona, Spain * Universität Bielefeld, Bielefeld, Germany * Università Ca' Foscari Venezia, Venice, Italy * Comillas Pontifical University, Madrid, Spain * Technische Universiteit Delft, The Netherlands * University of Paris-Sud, France * Florence School of Regulation of the European University Institute (Italy) * Catholic University of Leuven, Belgium * Università di Bologna, Italy * Université d'Aix-Marseille, France

References

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External links

"EACEA: Education, Audiovisual and Culture Executive Agency official website

Paris School of Economics official website
Education in Europe Economics schools Economics Economics education