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Aims and Scope

Our two years' master of science program in economics (M.Sc.) imparts broad analytical competence as well as specific techniques necessary to solve problems specific to the area of the chosen profile: Economics and PoliticsFinance, Information Systems and Network Economics.
The master of science program focuses on building up analytical capacities rather than trying to cover all aspects of the field, because we believe that in a rapidly changing economic and business environment it is the ability to identify, structure, analyze, and solve changing problems that matters. Flexibility demands the ability to collect, assess, and process information in an analytical and systematical way rather than to maximize the storage of information that will typically be short-lived and may be very specific to the situation decision-makers are confronted with or the industry they are operating in.

The profile Economics and Politics (EP) focuses on understanding the economic system of modern as well as developing societies.
This includes, but is not limited to, the understanding of the role of institutions on the process of economic policy formation, the interaction between market structure and economic policy, the role of international markets on domestic economic policy, economic and political institution building on the constitutional level as well as sophisticated core economic concepts in the traditional sense. The MEP combines a high level master of economics program with constitutional political economy and public choice theory. It is this interaction between standard economic analysis and political-economic considerations that enhances our understanding of observable outcomes and provides the appropriate tools necessary for their assessment.

The profile Finance (F) imparts intimate knowledge of the functioning of modern financial markets and financial institutions.
Core topics of the program include the analysis of global asset allocation and international fund management, investment banking and venture financing, the analysis of trading systems and the ensuing market microstructure, as well as the design and opera-tion of insurance and pension systems. The specific emphasis includes both the analysis of the existing international financial infrastructure, and the optimal design of financial institutions. Hence, this program confers indepth knowledge about ongoing political debates, about the optimal financial architecture of the global capital markets, the function and design of supervisory agencies and the general regulatory proc-ess surrounding "Basle II", and last not least about the optimal design of pension systems.

The profile Information Systems and Network Economics (ISNE) deals with the economy of linked up systems, as for example information systems. Special subjects address among other things network economy, security on the internet, electronic markets, telematics and strategic management. 

 

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