Applied Economics (Master)

 Why study ... Applied Economics?

This programme provides the necessary background for students to carry out rigorous economic analysis in questions of interest for policy and business. The programme offers accordingly advanced knowledge in the core subject areas (econometrics, macroeconomics, microeconomics). Moreover, it offers students the possibility to shape their own profile by concentrating in particular specialization areas: banking and financial markets, behavioural economics, competition and regulation, macroeconomic policy, and policy evaluation.

Master of Science

Degree Programme Code: 066 913

4 semesters / 120 ECTS credits

Language: English

NO entrance examination


More information on the master's programme

Front Page of the Folder

Admission Procedure

Information about the admission procedure

English language requirements

Admission Requirements

  • Previous studies in a subject area that qualifies for admission
  • PLUS qualitative admission requirements: Admission to the program requires completion of the following qualitative prerequisite admission requirements in the prerequisite programme:
    • 6 ECTS Credits in microeconomics AND
    • 6 ECTS Credits in macroeconomics AND
    • 6 ECTS Credits in mathematics AND
    • 6 ECTS Credits in statistics

By completing the two extension curricula of the University of Vienna

the proof of this knowledge is considered to be provided in any case.

Information on Previous Studies:

In any case eligible degree programmes:

Study Programme

All legal provisions and a detailed description of the structure can be found in the curriculum.

Semester 1 - (30 ECTS)

  • Introductory Econometrics
  • Applied Macroeconomics
  • Applied Microeconomics

Semesters 2, 3 - (64 ECTS)

  • Alternative group of compulsory modules
  • Electives

Semester 4 - (26 ECTS)

  • Master's Thesis Seminar
  • Master's Thesis and Exam

Five Concepts

which you will deal with during your studies:

  • Applied Macroeconomics and Microeconomics
  • Econometrics
  • Competition and Regulation
  • Policy Evaluation
  • Behavioural and Experimental Economics

... and many more.

 Overview of the programme structure & topics

Here you find the current offer of courses for this programme to gain better insight into the topics and structure. For more information please click on the respective level.

After Graduation

The graduates are able to understand practically relevant economic issues using the methods and instruments of economics. They have the ability to check predictions made by theory against data. Graduates of the Applied Economics master’s program are also able to apply economics to specific economic issues. The graduates have knowledge that enables them to take on leading positions in business, administration or politics.

Vortragende an der Tafel

© Universität Wien/ Barbara Mair

Graduates ...

  • find employment immediately after graduation on average.
  • earn an average of € 3,545 (women) and € 3,834 (men) gross per month within three years after graduation.
  • work full time at a percentage of 91% (women) and 97% (men) within three years after graduation.

*You can find further information on career entry and career paths in the tracking of graduates "Business, Administration and Law".