International study programme
Double Master's Programme in Economics
in cooperation with Keio University in Tokyo
Master of Arts in Economics from Keio University
Programme
- Develop a better understanding of economic and social issues, such as the design and regulation of markets, individual behavior, public and monetary policy and taxation
- Gain exposure to a variety of theoretical approaches
- Receive state-of-the-art training in quantitative and qualitative research methods and data analysis tools
- Learn how to apply these methods and tools to independently analyse and develop conceptual models to predict responses to changes in policy and market conditions
- Develop ideas on how to solve complex economic problems in a globalised, interconnected world by considering cross-national linkages and implications
Benefit from the expertise of two leading universities. Upon successful completion of your studies, you will be awarded both master’s degrees: a Master of Science in Economics from the University of Cologne and a Master of Arts in Economics from Keio University.
"It is a huge privilege to study at these great institutions. The opportunity to gain such diverse experiences and make friends from all over the globe is unique and enriches my understanding of the world. I am certain that these skills will help me to become a better economist. The programme is ideal for students who want more than just a degree in economics."
Valentin Edert, Student of the programme
Partner: Keio University
Keio University is a leading university committed to excellence and innovation in education and research. It is located in central Tokyo. The mission of the Faculty of Economics at Keio University is to provide its graduate students with the highest level of economic knowledge and skills to solve real-world problems, and to develop talented individuals with advanced professional skills, whether they pursue research or careers in business.
Courses
The courses offered by the two universities cover a wide range of topics and complement each other very well. The double degree is integrated into the regular master's programmes. It includes courses from both universities and is based on credit transfer.
You will study the courses marked in dark green and dark blue. By means of credit transfer, you will be able to transfer the credits that you do not study at the University of Cologne to Keio University and vice versa (marked in light green or light blue).
As part of the programme, you will write a Master's thesis in your second year.
Courses at the University of Cologne
During your first year of studies at the University of Cologne, you will study 60 ECTS credits. Please consult the course catalogue for further details.
Core section (24 ECTS)
You will acquire methodological skills that will enable you to independently analyse economic problems on a theoretical and empirical level. The core section consists of four courses: Mathematics, Microeconomics, Macroeconomics and Econometrics (6 ECTS each).
Specialisation section (30 ECTS)
You will be able to choose a group on which you would like to focus:
- Empirical Methods & Data Analysis: Focus on empirical analysis tools (Statistics & Econometrics)
- Markets & Economic Policy: Focus on public policy issues and the functioning of markets from a macroeconomic perspective (Growth Labour and Inequality in the Global Economy, Macroeconomics and Public Economics, Macroeconomics, Money and Financial Markets, Markets & Institutions)
- Market Design & Behaviour: Focus on the microeconomic workings of specific markets and how they should be regulated, and the behavior of individuals within those markets (Design & Behaviour)
- Energy and Climate Change
Each group consists of a methods course, a seminar and three electives.
Supplementary section (6 ECTS)
One seminar in Economics. You can choose a seminar from a range of offers. This gives you the opportunity to specialise further within your chosen group of your specialisation section, or to diversify your studies by choosing a seminar from another group.
You will study the remaining credits of the supplementary section at Keio University.
Courses at Keio University
At Keio University, you will study 20 Keio credits (10 courses worth 2 Keio credits each). You can choose courses as follows:
- at least 4 Keio credits of specialised courses
- at least 4 Keio credits of seminars
- 12 Keio credits in general courses, specialised courses or seminars
To get an impression of the courses offered at Keio University, please consult the Keio course catalogue (switch to English and then search for Faculty/Graduate School: [Master's] Economics).
Career opportunities
Graduates of the Double Master's Programme in Economics will be well prepared for careers with an international focus. Possible roles include:
- Government ministries
- Private financial institutions
- Government agencies and authorities (e.g. competition or regulatory authorities and central banks)
- European institutions (e.g. the EU Commission)
- International institutions (e.g. OECD, IMF, World Bank, IEA, and ILO)
- Energy utiltites and trading companies
- Consulting firms and Think Tanks
- Firms and institutions analysing large data sets
Application
Find out about the entry requirements and how to apply for the programme.
Useful Links
Contact
Would you like to know more about the programme? Get in touch with the Programme Manager:
Xenia Elbrächter
Programme Manager
- Phone: +49 (0)221 470-7702
- Email: Contact form