Master in Applied Economics

Master in Applied Economics is one of 10 English-taught Economics programmes at master’s level in the register, offered by 7 institutions. 8 of them list an annual fee for students from outside the EU, EEA and Switzerland, from EUR 727 to EUR 1,453; this programme lists EUR 1,453 a year. 7 are at a public university, where EU, EEA and Swiss students pay no tuition within the standard duration plus two semesters.

What you study

The Master's in Applied Economics at the University of Vienna is taught in English and takes four semesters (120 ECTS). The register description is short, so here is what it actually states. The programme gives you the knowledge to carry out economic analyses on questions that matter for policy and for business.

It does this by teaching advanced material in the three core areas: econometrics, macroeconomics and microeconomics. On top of that, you shape your own profile by choosing a specialisation. The register names five: banking and financial markets, behavioural economics, competition and regulation, macroeconomic policy, and policy evaluation.

Admission, language and next steps

There is no entrance examination. The language of instruction is English, so you should be comfortable reading, writing and discussing economics in English throughout.

Applications go straight to the University of Vienna, not through a central portal. The university's own programme page gives the application period, so check it there before you plan anything. As a public university, EU/EEA and Swiss students pay no tuition within the standard duration plus two semesters; other students pay a fee per semester. The programme page sets out the details.

The Applied Economics programme provides the students with the necessary knowledge to carry out economic analyses in questions of interest for policy and business. The programme therefore imparts advanced knowledge in the core subject areas (econometrics, macroeconomics, microeconomics). Moreover, it offers the students the possibility to shape their own profile by concentrating in particular specialisation areas: banking and financial markets, behavioural economics, competition and regulation, macroeconomic policy, and policy evaluation.

There is no central application portal in Austria: you apply to the institution, here University of Vienna. A public university sets the admission requirements and dates for this level, so read them on the programme page. Entrance examination, as the register states it: No. Entry requirements and language tests are set by the institution, so start from the official programme page. Our guides cover tuition fees, the student residence permit and housing.