MSc in Economic Decision and Cost Benefit Analysis (EDCBA)

Paris School of Economics

Program Description

MSc in Economic Decision and Cost Benefit Analysis (EDCBA)

Paris School of Economics

The MSc EDCBA is a postgraduate Master's degree awarded by the École des Ponts ParisTech and jointly run with the Paris School of Economics.

It is a challenging full-time 18-months program, taught entirely in English, that will provide you with outstanding training in the tools of economic evaluation. It combines a rigorous academic core with tailored practical applications to various sectors: planning, energy, environment, health, digital transformation...


1st and 2nd semesters

Core Curriculum and Field Courses

400 hours of in-class lectures taught by leading scholars from the Paris School of Economics and the École des Ponts Paris Tech.

Capstone Projects

72 hours taught by staff and guest lecturers with extensive experience in industry, offering a unique opportunity to learn from experts. It allows you to approach the real life of companies. The capstone projects mainly consist in fulfilling a consulting mandate given by a company or any other organization interested in taking advantage of the training provided by our program in economic evaluation of any type of investment project.

3rd semester

Internship 6-month internship program (internship and internship thesis)


The MSc EDCBA will take place at PSE in the 14th arrondissement of Paris. A new 12500 m² building houses around 1500 researchers, students, and administrative teams of the PSE and the Ecole normale supérieure. The 1-hectare Jourdan campus offers ideal conditions: numerous classrooms and working spaces, an 300 places amphitheater, a SHS library with more than 50000 books, a student home…


Upon graduating from the MSc EDCBA program, you will have solid knowledge of the central concepts, theories, and research methods of economic evaluation as well as applied skills.

In particular, you will be able to:

  • Carry out investment economic evaluation analysis in various fields through advanced analytical techniques.
  • Design investment strategies and manage infrastructure projects. Assess the suitability of each evaluation method according to the sector, available data and purpose of the evaluation.
  • Apply computational and statistical methods to analyse data and to manage databases.
  • Report results in a clear and understandable manner to support decision making.


A dedicated Career Center helps students finding a valuable internship program with the help of the Master’s Sponsors, as well as making informed decisions about career goals and find opportunities related to their professional objectives.

Taking advantage of the Alumni network of the Paris School of Economics and the École des Ponts ParisTech, the MSc EDCBA will attract several leading companies, agencies, public institutions to deliver presentations. This provides interactions and expose our students to their potential employers.

The skills acquired will enable participants to work in Europe and abroad in:

  • Construction, IT, health, energy, water, real estate, natural resources industry
  • Financial institutions and Banks
  • Investment Funds for Infrastructure
  • Development Banks or equivalent
  • Leading consulting firms
  • Assistant to Contracting Authority (ACA) firms
  • Public sector institutions and administration.


Undergraduate degree: The master EDCBA is open to candidates holding a 4-year bachelor’s degree (or equivalent) in Engineering, Economics (with high quantitative skills), Mathematics or Statistics.

GMAT or GRE score: We recommend that the quantitative scores are in the 90th percentile, the verbal scores are in the 80th percentile and the analytical writing score is at least 5. Official online scores must be accessible by our admissions department and not older than 5 years.

Work experience: It is not mandatory to have any full-time work experience prior to applying to the program. However if you have any relevant experience, either full-time or via an internship, this will be considered as part of your application for the program.

References: Two academic or professional references submitted via the application website. If you are in the process of completing a degree programme, one reference should be from your current institution.

English language test: A test of English as a Foreign Language (TOEFL) or International English Language Test Scheme (IELTS) must be taken, and all minimum scores met (unless eligible for a waiver) if either your first language is not English or you are not from a majority English speaking country, as defined by the UK Visas and Immigration office.

This school offers programs in:
  • English

Last updated November 8, 2017
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 3, 2018
3 semesters
Full time
15,000 EUR
Mar. 31, 2018
France - Paris, Ile-de-France
Start date: Sept. 3, 2018
Application deadline Mar. 31, 2018
End date Request Info
Sept. 3, 2018
France - Paris, Ile-de-France
Application deadline Mar. 31, 2018
End date Request Info