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International study programme

Double Master's Programme in Economics

in cooperation with Keio University in Tokyo

Key facts

Partner: Keio University in Tokyo, Japan
Programme structure: First year at the University of Cologne, second year at Keio University
Degrees: Master of Science (M.Sc.) in Economics from the University of Cologne
Master of Arts (M.A.) in Economics from Keio University
Duration: 4 semesters
Start: Fall term (October in Cologne)
Language: English



  • 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.


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.

Benefits of studying a double degree

The experience of studying abroad is one that many people remember as the most enriching, eye-opening and inspiring time of their lives. Studying in two university systems gives you the opportunity to experience different study cultures, broadening your academic horizons, your network and your career opportunities. As well as providing you with an excellent academic programme, we want to give you the chance to gain international experience, meet people from many different parts of the world, develop intercultural skills and learn to navigate new challenges. We believe that you will grow tremendously as a person through this experience.

Career opportunities

Graduates of the Double Master's Programme in Economics will be well prepared for careers with an international focus. Possible roles include:

  • positions in public institutions such as ministries, government departments, central banks, agencies and public authorities (such as antitrust divisions or regulatory authorities) or international institutions (such as the OECD, IMF, World Bank or the European Commission);
  • economic advisor in a government ministry or economic advisor to a political party;
  • researcher in an academic or research institution;
  • positions in economic departments of private institutions such as banks, consultancies, large industrial corporations, organisations or companies in the media sector;
  • analyst in a financial institution or manager in an investment bank;
  • in-house economic journalist.

Chat with a student

Do you want first-hand insights and experiences about the Double Master's Programme in Economics and the Student life at the University of Cologne from WiSo students?
Then don't hesitate and Chat with a student!



Would you like to know more about the programme?

Xenia Elbrächter
Programme Manager

Contact the Programme Manager by phone or email during advising hour on Wednesday, 10am-12pm or anytime during regular office hours (Mon-Thu).