# Applied Economics (Master)
**Source**: https://studieren.univie.ac.at/en/degree-programmes/master-programmes/applied-economics-master/
**Parent**: https://studieren.univie.ac.at/en/degree-programmes/degree-programmes-in-foreign-languages/
## Why study ... Applied Economics?
This programme provides the necessary background for students to carry out rigorous economic analysis in questions of interest for policy and business. The programme offers accordingly advanced knowledge in the core subject areas (econometrics, macroeconomics, microeconomics). Moreover, it offers students the possibility to shape their own profile by concentrating in particular specialization areas: banking and financial markets, behavioural economics, competition and regulation, macroeconomic policy, and policy evaluation.
### Master of Science
Degree Programme Code: 066 913
4 semesters / 120 ECTS credits
Language: [English](https://studieren.univie.ac.at/en/degree-programmes/degree-programmes-in-foreign-languages/)
[Selection procedure](https://studieren.univie.ac.at/en/admission/master-programmes/applied-economics-new/)
[Curriculum](https://mtbl.univie.ac.at/storage/media/mtbl02/2024_2025/2024_2025_88.pdf) (Version 2025)
[More information on the master's programme](https://econ.univie.ac.at/study/master-applied-economics/)
### Admission Procedure
[Information about the selection procedure](https://studieren.univie.ac.at/en/admission/master-programmes/applied-economics-new/)
[English language requirements](https://studieren.univie.ac.at/en/degree-programmes/degree-programmes-in-foreign-languages/)
#### Admission Requirements
Exempt from selection procedure:
- [Economics (Bachelor at University of Vienna)](https://studieren.univie.ac.at/en/bachelordiploma-programmes/economics-bachelor-with-entrance-exam-procedure/)
### Getting started
[Orientation course](https://studieren.univie.ac.at/en/degree-programmes/master-programmes/applied-economics-master/)
[Orientation in the first semester](https://studieren.univie.ac.at/en/study-organisation/)
[Semester planning](https://studieren.univie.ac.at/en/semester-planning/)
### Getting Informed
[StudiesServiceCenter (SSC) Business, Economics and Statistics](https://wirtschaftswissenschaften.univie.ac.at/en/studies/during-the-studies/)
[Students' Representatives Economics](https://wirtschaftswissenschaften.univie.ac.at/en/studies/oeh/levels-of-representation/student-representatives-economics/)
### Facts & Figures
- Students: **642**
- Graduates in the last academic year: **0**
- Number of semesters needed for graduation (median): **5,5**
*Data updated on: 26**.11.2025*
[Information about presentation & calculation](https://backend.univie.ac.at/index.php?id=157848&L=2&id=157848)
*\*[Click here for further information on statistical data in the field of teaching and learning. (in German)](https://studieren.univie.ac.at/studienangebot/warum-hier-studieren/statistische-daten-zum-studienbetrieb/)*
## Study Programme
All legal provisions and a detailed description of the structure can be found in the [curriculum](https://mtbl.univie.ac.at/storage/media/mtbl02/2020_2021/2020_2021_54.pdf).
Semester 1 - (30 ECTS)
- Introductory Econometrics
- Applied Macroeconomics
- Applied Microeconomics
Semesters 2, 3 - (64 ECTS)
- Alternative group of compulsory modules
- Electives
Semester 4 - (26 ECTS)
- Master's Thesis Seminar
- Master's Thesis and Exam
### Five Concepts
which you will deal with during your studies:
- Applied Macroeconomics and Microeconomics
- Econometrics
- Competition and Regulation
- Policy Evaluation
- Behavioural and Experimental Economics
... and many more.
## Overview of the programme structure & topics
Here you find the current offer of courses for this programme to gain better insight into the topics and structure. For more information please click on the respective level.
[A. Applied Microeconomics (10 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333163)
[B. Applied Macroeconomics (10 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333164)
[C. Introductory Econometrics (10 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333165)
[D. Alternative Groups of Compulsory Modules (40 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333166)
[D.1. Specialisation in Applied Economics (40 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333167)
[D.1.1. Elective Module: Banking and Financial Markets (20 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333168)
[D.1.2. Elective Module: Behavioural and Experimental Economics (20 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333169)
[D.1.3. Elective Module: Competition and Regulation (20 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333170)
[D.1.4. Elective Module: Macroeconomic Policy (20 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333171)
[D.1.5. Elective Module: Policy Evaluation (20 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333172)
[D.1.6. Elective Module: General Economics (20 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333173)
[D.2. General Applied Economics (40 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333174)
[E. Electives (24 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333175)
[F. Master's Thesis Seminar (4 ECTS)](https://ufind.univie.ac.at/en/vvz_sub.html?path=333176)
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## After Graduation
The graduates are able to understand practically relevant economic issues using the methods and instruments of economics. They have the ability to check predictions made by theory against data. Graduates of the Applied Economics master’s program are also able to apply economics to specific economic issues. The graduates have knowledge that enables them to take on leading positions in business, administration or politics.
© Universität Wien/ Barbara Mair
### Continuing after Graduation
- [Center for Doctoral Studies - everything about doctorcal/PhD programmes at the University of Vienna\](http://doktorat.univie.ac.at/en/)
- [Alumni of the University of Vienna](https://www.alumni.ac.at/)
- [Postgraduate Center - postgraduate programmes at the University of Vienna\](http://www.postgraduatecenter.at/en)
- [Uniport - career service of the University of Vienna](https://www.uniport.at/uniport-fuer-studierende)
[#### Career entry & paths](https://www.qs.univie.ac.at/en/analyses/graduate-tracking/)
### Graduates ...
- find employment immediately after graduation on average.
- earn an average of € 3,545 (women) and € 3,834 (men) gross per month within three years after graduation.
- work full time at a percentage of 91% (women) and 97% (men) within three years after graduation.
\*You can find further information on career entry and career paths in the tracking of graduates "[Business, Administration and Law](https://www.qs.univie.ac.at/fileadmin/user_upload/d_qualitaetssicherung/Dateidownloads/AbsolventInnentracking/2023/englisch/UA_F2_2023_MA_Business_Administration_and_Law_en.pdf)".
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