The Master of Economics programme offers students with a bachelor's degree a theoretical framework, allowing them to provide well-grounded answers to socio-economic questions.
The Master of Economics programme offers students with a bachelor's degree a theoretical framework, allowing them to provide well-grounded answers to socio-economic questions. As an economist, you will observe the various players (individuals, companies, domestic and foreign governments) and their interactions within the global economy. You will be able to interpret the general economic situation in a wider social and legal context.
This is an initial master's programme and can be followed on a full-time or part-time basis.
You have an interest in the dynamics of economy and society.
You have an ability to analyse, synthesise and interpret.
You have a positive scientific attitude and you are critical and creative.
Students should have a solid academic background in economics or business, including the most important domains in economics or business/management (such as macro and microeconomics), mathematics and statistics. Students should also be familiar with more general themes necessary for understanding the evolutions in the business world and be able to relate these evolutions to the broader social, juridical, political and social context.
PRIOR EDUCATION REQUIREMENTS
Applicants should hold a university Bachelor's degree in Economics or Business Economics comparable to a Bachelor's degree in Economics, Business Economics or Business Engineering from the Faculty of Economics and Business at KU Leuven, Campus Leuven (click here to have a look at the Bachelor of Economics from KU Leuven). Students need a solid background in economics or business economics. They have acquired the basic conceptual frameworks of microeconomics and macroeconomics, the basics of mathematics, statistics and econometrics, and they have a sufficient broad view on the general economic, social and institutional context of economic interactions. Comparability is evaluated by the faculty on basis of the required documents provided by the applicant through the official online application procedure .
PROOF OF PROFICIENCY IN ENGLISH
All applicants have to submit a satisfactory score on one of the following internationally recognized test of English language proficiency:
- TOEFL (minimum score 575 paper-based, 233 computer-based, 90 internet-based)
- IELTS (minimum score 7)
No other proficiency tests will be accepted.
An exemption from TOEFL or IELTS is possible for applicants with a university degree or high school degree earned in Australia, Canada, Ireland, New Zealand, United Kingdom or the USA: the certified degree and transcripts suffice, provided they confirm that the entire study was completed in English.
All applicants should provide the following documents:
- Certified copies of transcripts, degrees and, if available, a ranking indication
- A course description of all relevant courses
- A letter of motivation written and signed by the applicant, explaining the choice for Leuven and for this particular programme
- two recommendation forms , filled out and signed, and mailed in a closed envelope signed over the lid by the referee to the Faculty of Economics and Business, Campus Leuven. Forms not provided in a closed envelope signed across the lid by the referee will be regarded as void. The recommendation forms can also be mailed directly by the referee to firstname.lastname@example.org.
These documents suffice for applicants with a non-Belgian degree from
- universities that have an exchange agreement with the Faculty of Economics and Business of KU Leuven, campus Leuven (clickhere)
- universities that are in the global top 200 in the most recent THE or QS world university rankings
Additional information is required for applicants from other universities as it is impossible for us to reliably assess the comparability. In those cases a GMAT - or GRE -result above the 75th percentile on the quantitative part is required.
The faculty evaluates all applications and has the final say on the admissibility of the applicant, taking into account the relevant information. Application files will not be processed as long as they are incomplete.
The Master of Economics programme aims to transfer an economic-science based structured reasoning about individual, interpersonal and social phenomena, so that the student is able to autonomously formulate an answer to questions or developments that the society/sector/company is facing.
The training aims knowledge, to provide understanding, skills and attitudes required to achieve recognition, structuring and solve complex economic issues in their contextual environment. In addition, the training aims the ability and skills to communicate and to report economic analysis and solutions and to test the results in an explicit ethical value framework.
Exit qualifications of the programme:
The student masters the general framework of economic analysis, the conceptual and methodological principles of economic science and can therefore recognize economic problems.
The student can - by means of economic research methods and techniques - carry out, independently and in teams as well - a complete analysis of economic problems. This includes: formulating the problem, selecting of information, master mathematical and econometric methods, setting up a research-based strategy, reporting and presentation of the research and the results, including the possible policy recommendations.
As a graduate, you will have a very informed perspective on society as a whole. Moreover, you will be equipped to address social problems in an economically and socially sound way. Thanks to the expertise and flexibility acquired throughout the course of the programme, you will be qualified for employment in a variety of contexts, including:
- Policy development in sectors in which decision making is highly dependent on the external economic context: government research centres, professional associations, large enterprises and international organisations
- Problem solution and implementation in managerial positions involving external communication, i.e. government departments, public institutions, international organisations, financial services, companies and social organisations
- Critical reflection on and transfer of knowledge in education and basic scientific research
- External communication, journalism and public relations in companies and social organisations
The Faculty of Economics and Business has close links with top business schools around the world, such as Copenhagen Business School in Denmark, University of Cardiff in the UK,
Hanken in Finland, SKEMA Business School in France,
the University of Illinois in the United States, the University of Sydney and the University of Adelaide in Australia, Queen's University in Canada, Tsinghua and Fudan University in China, PUC in Brazil, City University of Hong Kong and many more institutions both in Europe and overseas.
For students MSc in Business Economics, the faculty offers an additional semester at one of these destinations after completing 2 semesters in Leuven. Make your experience
truly international by studying in different parts of the world.
Our mission is to develop participants' critical, conceptual, problem-solving and decision-making skills. A master's degree from KU Leuven's Faculty of Business and Economics equips students with fundamental and conceptual knowledge and with analytical tools to cope effectively with the problems of the current and constantly changing business and economic environment. Adopting a research-based approach, the school focuses on the disciplines that underlie business operations and economic decisions. This enables its graduates to acquire the necessary skills and tools for coping with current and future challenges.
Various teaching methods are used to enhance students' educational experience, including:
Students are expected to participate actively. The faculty evaluates classroom work, written assignments and examinations on a regular basis. The workload is demanding, as to be expected in a high-quality graduate school. Be forewarned: our management courses are known to be more analytical than those at other business schools. Our students receive rigorous training in economics. The faculty's international credentials and academic reputation guarantee the quality of the programme.