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Admission Criteria

  1. Grade point average (GPA) in previous studies of at least 2,5* (German grading system)
  2. Sound knowledge of economics: micro- and macroeconomics and quantitative methods.
  3. Sound knowledge of English
   
  • Test of English as a Foreign Language (TOEFL) of at least 100
  • or the International English Language Testing System (IELTS) score of at least 7.0 overall.
  • Native speakers from certain countries or candidates with previous studies in English, might not be required to present the results of the TOEFL or IELTS but this is not always the case. Please ask us in advance.

 

Desired Profile of Applicants

Enrollment for the Master of Science Program in Economics is limited. Each fall we enroll individuals distinguished by academic excellence, high potential, and a broad range of backgrounds and experiences. What the admitted candidates do have in common is the ability to benefit from, and contribute to, our academic community. We evaluate applications according to three main criteria:

  • Strong academic aptitude
  • Determination
  • Diversity

 

Strong academic aptitude
Because the Master program at the Economics Department is rigorous and challenging, prospective students must possess a solid academic foundation. We are particularly interested in quantitative and analytical skills, because our core courses require a comfort with and facility for quantitative and analytical concepts.
Applicants need to have a qualified Bachelor degree, Diploma, or Master's degree from a recognized university with one of the following majors:

For all programs: Economics, business administration, business informatics, industrial engineering.

In Addition, we accept applications from candidates with one of the following backgrounds: For the profile Economics and Politics: political science, public administration, for the profile Finance: financial mathematics, mathematics, statistics, and for the profile Information Systems and Network Economics: computer science and information science.

Upon special permission we also admit students with different academic backgrounds. Regardless of their majors we expect people to have a very solid command of microeconomics and macroeconomics at an intermediate level. A sound knowledge of calculus, linear algebra, and differential equations are strongly recommended. However, we do not evaluate applications solely on 'the numbers' or on the degrees. Instead, we look at your entire profile, hoping to find as many strengths in as many areas as possible.

 

Determination
In addition to proven academic achievement, we are looking for candidates with a sincere desire to become intellectually engaged both in the formal classroom setting and through various projects, both individually and with their fellow students. Your motivation, your communication and social skills, your energy level, and the extent to which you have taken advantage of opportunities and resources available to you are also important to us.
We expect you to be determined to succeed in your studies and to be devoted to work with your fellow students to achieve your common goals. We appreciate broad intellectual curiosity, team spirit, and leadership qualities. We also request a statement of intent.

 

Diversity
We aim at creating a community of diverse backgrounds and interests because we believe that diversity will make learning experiences richer and help us to put learned views into perspective. We also believe that the interaction of people with different cultural backgrounds and experiences, different ethnicities, nationalities, and gender will create valuable interpersonal skills needed as leadership qualities in a modern world. It will also make the Economics Department a stimulating place to learn and expand one's horizons.

Deadlines for Application

First round closing date: March 15, 2019

Following the first application deadline, the admission board will evaluate all complete applications. Applicants are notified of early acceptance, rejection or postponement of the decision until the second round is completed.

Final application deadline: May 15, 2019
Early applications are strongly encouraged!

- You will be notified by e-mail upon receipt of your application.

- Only complete applications will be forwarded to the admission board!

- Final round of notification of admission decisions will be made by July, 2019.

Application Procedure

 

Enrollment is restricted. In order to create a dynamic community of able and successful students we require students to document the following abilities and to submit the respective documents:

  • Certified copy of first degree (Bachelor, Master, Diploma) from a recognized university from a program of at least 6 semesters with an appropriate major. Applicants who have not completed their first degree at the time of application can apply with the latest transcript. However in case of admission the Bachelor degree needs to be presented upon enrollment in October.
  • Sound knowledge of micro- and macroeconomics and quantitative methods. 
  • Sound knowledge of English, documented by the Test of English as a Foreign Language (TOEFL) of at least 100 or the International English Language Testing System (IELTS) score of at least 7.0 overall. The results of the test should be submitted with the application.
  • A one page statement of intent.
  • Printed self-registration online form from the Campus Management (HISinOne) website of University of Freiburg.(Here the link to the form) .
    • In order to complete the self-registration form, you can follow these instructions:
  1. Change the language of the webpage to English in case the website appears in German. For this, scroll down and you will see a tab on the bottom right hand side of the screen which you can select.
  2. Fill in the online form.
  3. Once you have completed the self-registration form, print out the form
  4. Attach the printed self-registration form to the application documents and send these in hard copy by post to the MEP Office.
      • Note that this printed online self-registration form replaces the application form required before 5 April 2019.
      • If you sent your documents before 5 April 2019, you will be registered online by the MEP Office. There are no further steps you need to complete.

 

  • Grade point average (GPA) of at least 2,5* (German grading system)
  • Curriculum Vitae (CV)

 

Recommended additional documents:

  • GRE / GMAT
  • Recommendation letters from two professors of  previous studies or former employers.

 

Please note that the admission board only accepts certified copies of degrees documents and transcripts. If you do not forward the TOEFL/IELTS and GRE scores through ETS/British Council the copies also need to be certified!

 * To know how to convert your GPA to the German grading System, please access this pdf file provided by Geschäftsstelle der Wirtschaftswissenschaftlichen Prüfungsausschüsse.

 

Summary of the information required for the application:

- Information sheet for applicants 

 

Additional Information for applicants from the P.R. China and the Russian Federation:

- Additional info for applicants from the P.R. China

- Additional info for Russian applicants

 

How does a certified copy look like? (second page in English)

 

Budget, Visa and Health Insurance

Budget

Starting from winter semester 2017/18 all non-EU students have to pay a tuition fee of 1500 EUR per semester.

The following list provides an indication of living expense components.

  • Registration fee (per semester): EUR 155
  • Books etc. (per semester): approx. EUR 100
  • German Language course: approx. EUR 160 per semester
  • Student housing: EUR 230-450 (monthly), or off campus (private) - from 300EUR (monthly)
  • Medical insurance : approx. EUR 91 (monthly)
  • Transport: Regional transportation at special student fare: approx. EUR 94 (per semester)

Please note that while you are a student and do not have a working permit, you are allowed to work up to 120 days (240 half days) per year.

Currently, there are no scholarship schemes or other financial assistance from the university. Please consult the websites listed below for scholarship possibilities:

- DAAD: scholarship database

- University of Freiburg: Studierendenportal-Finanzen

- Studentenwerk Freiburg (SWFR) for further advice on financial issues

- BMBF Stipendienlotse

 

Visa

EU citizens and citizens from some other countries as e.g. Australia, Canada, Honduras, Iceland, Israel, Japan, Liechtenstein, Monaco, New Zealand, Norway, the Republic of Korea, Switzerland and the United States do not need a visa. Students of other nationalities must apply for a visa for study purposes via the German diplomatic representation in their home country. It is very important that you do not under any circumstances travel to Germany on a tourist visa, as such a visa cannot be converted into a visa for study purposes, whilst you are staying in Germany.

For detailed information, please refer to the German embassy in your country of residence.

 

Health Insurance

To be able to enroll, you must take out a health insurance policy. Students in Germany currently pay a fixed rate of about EUR 91 per month for health insurance, regardless of which insurance company they choose. International students from countries with which Germany has a Social Security Agreement including an insurance clause (e.g. EU and EEA countries) may remain insured in their home country, but have to provide proof of health insurance ("European Health Insurance Card (EHIC)") to gain exemption. Students may also purchase a package deal insurance, e.g. from the DAAD (German Academic Exchange Service). This package deal includes health insurance, personal liability insurance and accident insurance.

For further information, please refer to the website of the Studentenwerk Freiburg.  For the DAAD package, consult www.daad.de/en.

FAQ Frequently Asked Questions about the Application Process

Q: English was the Language of instruction during my undergraduate studies. Do I still need to submit a TOEFL/IELTS score?

 

A: Even if you have done your undergraduate education in English you need to submit a TOEFL or IELTS score that meets the requirements of the admission board: TOEFL ibt 100, IELTS 7.0. The only exception are native speakers and applicants who have done their undergraduate degree in an English speaking country.

 

Q: All my application documents are complete except the TOEFL/IELTS score. Can I submit it at a later point?

 

A: If you have gathered all application documents except for your TOEFL/IELTS score, you may submit your application without a score report. In this case however, please include confirmation of your upcoming test date, so we know when to expect your results. Please note, you cannot be admitted to the program without a TOEFL/IELTS score. 

 

Q: When will the admission decisions be announced?

 

A: While the “turnaround time” varies in direct proportion to the number of applications received, and is therefore different every year, we strive to announce first-round results within 6 weeks of the application deadline. If you have not received notification about your application after this time, you are welcome to send an inquiry to:              

mep.admission@vwl.uni-freiburg.de

 

Q: I have not completed my first degree. Can I still apply?

 

A: You do not need to have your degree completed when applying for the program. However in case of admission you need to be able to submit your final Bachelor degree upon enrollment in October.

 

Q: How can my degree/transcript be certified?

 

A: All documents, including your undergraduate degree and transcript must be certified by an official third-party. This service is usually performed by a notary public, but in the case of official school documents, can be completed by an employee of your school's registrar.

 

 

Q: What is the minimum GPA requested?

 

A: The  minimum grade point average (GPA) is 2,5* (German grading System). To know how to convert your GPA to the German grading System, please access this link.

 

Q: Is work experience required?

 

A: No, work experience is not a requirement for admission to the program. While most of our students make the transition from their undergraduate programs directly to Master Program, we have had many successful applicants with years of professional experience in between. Your employment history is of interest to us, so be sure to document it in your application.  

 

Q: What’s the difference between the first (March 15th) and second (May 15th) application deadline?

 

A: The only difference between the first and second application deadline is that applicants will receive the notification about the decision of the admission board at a different point of time – in each case about 2 months after the deadline. Using the 2nd deadline doesn’t diminish the chances for admission.