Master in Quantitative Economics

Novosibirsk State University

Program Description

Master in Quantitative Economics

Novosibirsk State University

The MEP is based on academic science and aimed to research perspective. The main tendency of scientific knowledge in XX-XXI centuries is the drift to complex systems and stochastic processes research. It affected research methods, results, and understanding of science destination per se. Economics as a social science reflects this tendency to the full extend. As a famous economist W. Baumol said, the most impressing results since early 1900th were achieved rather in empirical and applied researches than in theoretical novelty.

However general scientific trends take specific dimensions for economic science in accordance to its subject and methods. Another famous economist – A. Marshall – has defined economics as dealing with ordinary operation of human society; it‘s studying individual and collective actions about making and using material basis of wealth. It means study of wealth from the one hand and study of a human – from the other.

Nowadays the economists got into social phenomena deep enough to investigate such a complicated effects Marshall could not imagine. They study not only ordinary but nonordinary social phenomena; not only material but immaterial basis of wealth. The main purpose of economic research today is to find quantitative relationships for economic variables. Economics has very as powerful and diverse math toolset as to be a matter of research per se.

Aim of the MEP “Quantitative Economics” is to train highly qualified analysts and researchers, who are ready to use advanced tools for theoretic and applied research both for economic science and analytics for business, society and public policy.

Along with specific design the MEP is tailored to meet all the requirements of the state educational standard in the field “Economics”.

General Eligibility

The MEP “Quantitative Economics” is open both for foreign students and graduates of the Russian higher education institutions (including bachelor graduates of NRU NSU).

The entrant to the MEP should have an educational diploma (certificate or some analogous document) on program of level of a bachelor degree or of a specialist qualification. There is no formal limit of the field of specialization. However there are prerequisites for entrants to match the program.

Tuition Fee

The cost for full-time studies for the MEP Quantitative Economics at the Department of Economics of NSU in 2017-2018 is $ 5 200 per year.

Accommodation Fee

Accommodation fee in students’ hostel is about $ 20 per month.

This school offers programs in:
  • English

Last updated January 19, 2017
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 1, 2017
2 years
Full time
5,200 USD
June 15, 2017
Start date Sept. 1, 2017
Russia Novosibirsk
Application deadline June 15, 2017
End date Request Info
Duration 2 years
Price 5,200 USD
per year