Economics and Management
(Master of Science)

You can see many terms associated with the economy, such as stocks, the financial market or the stock exchange. © Eisenhans, Fotolia
© Eisenhans, Fotolia

Profile

Course type
Postgraduate studies (Master)
Standard Course Duration
4 semesters
Course Start
Winter semester, Summer semester
Language of Instruction
German, English
Language Requirements

German HZB: none
International application:
Instruction language German - German C1
Instruction language English - English skills (see the admission regulations)
Find out more

Admission
Restricted admission
International

Stay abroad possible, but not obligatory.

Short Description

What effects do decisions of the European Central Bank have? What methods can be used to combat unemployment? How should the balance sheets of international corporations be read? These are just some of the issues addressed in Economics and Business Administration. Economics involves supplying people with the goods and services they require in the context of scarce resources; organising labour; planning social security; distributing tax burdens; and managing national economies or international growth processes.

Economists play a role in addressing current and future challenges facing businesses, public administration and organisations from the perspective of microeconomics and macroeconomics. Due to the wide-ranging interplay of economic processes, consideration must also be taken of environmental, social, psychological, political, legal and technological perspectives. Owing to such variety, economics and business administration opens up exceptionally differentiated and exciting research and employment prospects.

Students who opt for the areas of Empirical Economics and Econometrics, Finance, Banking & Insurance, Information and Operations Management, International Environment and Development Studies or Strategic Management can take the entire programme in English.

Course Content

  • Accounting, taxation and public finance
  • Economic policy and theory
  • Empirical economics and econometrics
  • Finance, banking & insurance
  • Health economics
  • Information and operations management
  • International environment and development studies
  • Strategic management
Course Structure

No later than six weeks before the end of the lecture period of the first semester, students choose two areas from a total of eight: a major area, worth 50 credit points, and a minor area, worth 20 credit points. Up until six weeks before the end of the lecture period of the second semester, students still have the option of swapping their major and minor areas. Students also take an optional area, worth 20 credit points. This involves either taking modules from any of the eight areas or studying abroad, which is recognised for a set amount of credit points (mobility window).

Six months are set aside for the Master’s thesis, worth 30 credit points, which must be registered before the start of the fourth semester.

A mobility window for a semester abroad, involving the recognition a set amount of credit points worth a maximum of 20 credit points, enables students to spend either the first, second or third semester abroad as an integral part of the programme. The faculty’s International Office has extensive experience in sending students abroad, and has signed cooperation agreements with more than 40 international partner universities.

Recommended Abilities

Applicants should have a head for figures, and should be able to analyse and combine information. Since business processes are shaped by people, students also require good social and communication skills. Applicants should possess the professional skills taught at the Bachelor’s stage, as well as initial skills for producing scientific work.

Career Opportunities

Graduates of the degree programme in Economics and Business Administration are qualified as versatile and self-reliant problem solvers. The programme is the foundation for all kinds of careers in management, whether in industrial or commercial enterprises, with banks or insurance companies, in tax consultancy or auditing. Public administration, associations and the media also provide a wealth of employment opportunities for graduates in Economics and Business Administration.

Admission requirements and application

Admission Requirements

An undergraduate degree in a related field of study, such as

For master's degree programmes with restricted admission, places shall be allocated according to the university’s own selection procedure, if there are more applicants fulfilling the admission requirements than there are places available. The exact admission requirements can be found in the admission regulations: 

There is no minimum grade / entry grade for the Master''s application. Notwithstanding the currently valid admission regulations for Master''s programmes, the minimum grade of 2.5 is no longer applied. The admission regulations will be revised in this regard.

Application Deadlines

First-year students from Germany and the EU

  • June 1st – July 15th of the year for the winter semester
  • December 1st – January 15th of the year for the summer semester

First-year students from non-EU countries (VPD from uni-assist is required)

  • April 15th – May 31st of the year for the winter semester
  • October 15th – November 30th of the previous year for the summer semester

Students resuming their studies and transfer students from Germany and the EU (application in a higher semester)

  • June 1st – July 15th of the year for the winter semester
  • December 1st – January 15th of the year for the summer semester

Students resuming their studies and transfer students from non-EU countries (application in a higher semester)

  • April 15th – May 31st of the year for the winter semester
  • October 15th – November 30th of the previous year for the summer semester
     
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Zentrale Studienberatung
Address
Welfengarten 1
30167 Hannover
Building
Zentrale Studienberatung
Address
Welfengarten 1
30167 Hannover
Building