Research in Economics and Finance (Master)
Source: https://studieren.univie.ac.at/en/degree-programmes/master-programmes/research-in-economics-and-finance-master/ Parent: https://studieren.univie.ac.at/en/degree-programmes/degree-programmes-in-foreign-languages/
Why study ... Research in Economics and Finance?
This programme, offered jointly by the Departments of Economics and Finance, provides the methodological basis necessary to carry out theoretical and empirical research in economics and finance. This includes the development of new and more advanced methodologies and analytical approaches. Accordingly, the programme places great emphasis on the foundations of both theory and empirics in the two fields. After a joint first semester, students choose to specialise in economics or finance. The programme can be thought of as the first two years of an American-style PhD program, prior to the phase of thesis writing.
Master of Science
Degree Programme Code: 066 953
4 semesters / 120 ECTS credits
Language: English
More information on the master's programme
Facts & Figures
- Students: 32
- Graduates in the last academic year: 4
- Number of semesters needed for graduation (median): 4,3
Data updated on: 26.11.2025
Information about presentation & calculation
Admission Procedure
Information about the selection procedure
Information on Previous Studies:
In any case eligible degree programmes at the University of Vienna:
- Economics (Bachelor)
- Business Administration (Bachelor) - only if minor in finance (with courses from mathematics, statistics, econometrics and game theory) and/or economic statistics (with game theory, courses from economics or finance) has been passed
Getting started
Orientation in the first semester
Getting Informed
StudiesServiceCenter (SSC) Business, Economics and Statistics
Study Programme
Study Programme
All legal provisions and a detailed description of the structure can be found in the curriculum.
Semester 1 - (30 ECTS)
- Introductory Econometrics
- Macroeconomics for Economics and Finance
- Microeconomics for Economics and Finance
Semester 2 - (30 ECTS)
- Game Theory
- Econometrics II
Economics Specialisation:
- Advanced Macroeconomics
- Elective Courses
Finance Specialisation:
- Advanced Finance
- Elective Courses
Semester 3 - (30 ECTS)
Economics Specialisation:
- Seminar in Economics
- Elective Courses
Finance Specialisation:
- Seminar in Finance
- Elective Courses
Semester 4 - (30 ECTS)
- Elective Courses
- Master's Seminar
- Master's Thesis
Five Concepts
which you will deal with during your studies:
- Econometrics
- Business Cycles
- Macroeconomics
- Individual Decisions
- Game theory
... 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. Compulsory Modules (48 ECTS)
A.1. Individual Decisions and Markets (12 ECTS)
A.2. Growth, Business Cycles and Unemployment (8 ECTS)
A.3. Introductory Econometrics (10 ECTS)
A.4. Game Theory and Strategic Uncertainty (8 ECTS)
A.5. Econometrics II (10 ECTS)
B. Alternative Compulsory Modules (44 ECTS)
B.1.1. Advanced Macroeconomics (8 ECTS)
B.1.2. Electives in Research in Economics (20 ECTS)
B.1.3. Electives in Applied Economics (12 ECTS)
B.1.4. Seminar in Economics (4 ECTS)
B.2.1. Advanced Finance Courses (12 ECTS)
B.2.2. Electives in Finance (28 ECTS)
B.2.3. Seminar in Finance (4 ECTS)
C. Master's Thesis Seminar (4 ECTS)
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After Graduation
Graduates are able to work on economic and financial issues using the methods and instruments of theoretical and empirical economic research. The skills acquired go beyond those taught in a corresponding bachelor's degree. In particular, graduates can independently read and understand the relevant scientific literature as well as question them critically and apply them to specific economic questions. You are familiar with modern theories of economics and finance and can check their statements on the basis of data. Graduates have the knowledge that enables them to take up an economics doctoral program with independent scientific research.
© Universität Wien / Barbara Mair
This programme, offered jointly by the Departments of Economics and Finance, provides the methodological basis necessary to carry out theoretical and empirical research in economics and finance. This includes the development of new and more advanced methodologies and analytical approaches. Accordingly, the programme places great emphasis on the foundations of both theory and empirics in the two fields. After a joint first semester, students choose to specialise in economics or finance. The programme can be thought of as the first two years of an American-style PhD program, prior to the phase of thesis writing.
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
- [Postgraduate Center - postgraduate programmes at the University of Vienna](http://www.postgraduatecenter.at/en)
- Uniport - career service of the University of Vienna