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Welcome to Ludwig-Maximilians-Universität München – the University in the heart of Munich. LMU is recognized as one of Europe’s premier academic and research institutions. Since our founding in 1472, LMU has attracted inspired scholars and talented students from all over the world, keeping the University at the nexus of ideas that challenge and change our complex world.
Master of Science in Economics
The Faculty of Economics is responsible for the organization of the research, teaching, and study programs in economics at the Ludwig-Maximilians-University Munich. The term “faculty” refers to a group of related subject areas and the corresponding chairs, that work in the various fields of economic science:
*Department of Economics* From an organizational viewpoint, the Department of Economics is the main entity of the faculty. It hosts all chairs and manages its resources.
*Center for Economic Studies (CES)* Apart from the Department of Economics, the Center for Economic Studies (CES) is the second independent institute at the faculty. Founded in 1991 and part of the CESifo group, it cooperates closely with the Ifo Institute, an important German institute for economic research that is well connected to the Ludwig-Maximilians-University Munich. Both institutions are headed by Hans-Werner Sinn, Professor for Economics and Public Finance.
*Munich Graduate School of Economics* The Munich Graduate School of Economics is the organizational entity of graduate education at the faculty. First and foremost, it manages the education of Ph.D. students. In several structured programs, students can choose specializations according to their interests, such as Evidence-Based Economics funded by the Bavarian Elite network or Microeconomic Determinants of Labor Productivity funded by the DFG.
The Department of Economics at Ludwig-Maximilians-University (LMU) Munich offers a 4-semester Master Program in Economics taught in English, starting each year in October (winter term).
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| About this course | |
|---|---|
| Duration | 2 Years |
| Level | Masters Program |
Course Description
- The Department of Economics at LMU Munich offers Master in Economics program
- The program provides students with analytical and logical problem-solving skills, deepens their knowledge of Economics and brings them to the frontiers of current research
- Students are trained for a demanding international professional career, and/or for an academic career in high-level economic research
- Students have the option to choose a specialization from Studies in Economic Theory, Studies in Economic Analysis and Empirical Economics, Studies in Public Economics, and Studies in Economic Research
Fees & ExpensesEuro
| Fees components | Amount |
|---|---|
| Tuition & fees | INR 0 |
Other expenses in 1st year
| Fees components | Amount |
|---|---|
| Hostel & Meals | INR 2,97,379 |
| Insurance | INR 71,016 |
| Transportation | INR 29,294 |
| Student Services Fee | INR 11,451 |
| Semester Ticket | INR 11,984 |
| Total | INR 4,21,124 |
Calculated at the exchange rate of 1 Euro = INR 88.77|
Tuition & expenses
| Entry requirements for this course | |
|---|---|
| Class 12th | No specific cutoff mentioned |
| Bachelors | 2.0 GPA Applicant must have completed a bachelors degree in economics or related field with at least 2.0 GPA out of 4.0Prerequisite: A good understanding of the subjects and methods covered in a Bachelor’s Program in Economics, particularly in Microeconomics, Macroeconomics and Empirical Economics |
| Exams | TOEFL : 80IELTS: 6.5 |
| Additional info | Official TranscriptsCVMotivation LetterLetter of Reference |
LMU Munich Masters Economics
The Department of Economics at LMU Munich offers a 4-semester Master Program in Economics (MEC) taught in English, leading to a Degree of Master of Science (M.Sc.).
The Department of Economics at LMU Munich offers a 4-semester Master Program in Economics taught in English, starting each year in October (winter term). Upon successful completion of the program, students are awarded a Master of Science (M.Sc.) degree.
Building upon thorough training in Economics at the Bachelor’s level, the Master’s Program provides students with analytical and logical problem-solving skills, deepens their knowledge of Economics, and brings them to the frontiers of current research.
Master students are trained for a demanding international professional career, and/or for an academic career in high-level economic research.
Also Read: lmu economics test of admission, lmu quantitative economics, lmu Munich economics masters exam.
Application Procedure
The application period for the Master Program in Economics is from April 1st to April 30th every year for entry into the following winter semester. Prospective students can apply via an online application tool which is accessible via our website in this period only.
All International Applicants must, in addition to their application at the Department of Economics, apply at the University’s International Office which assesses whether the prospective student fulfills the formal requirements to be admitted to Ludwig-Maximilian University.
Bachelor’s degree in Economics (or in a subject that is similar in terms of content and methodology).
Requirements include a good understanding of the subjects and methods covered in a bachelor’s program in economics, particularly in microeconomics, macroeconomics, and empirical economics. GPA Rate 2.00GPA Comment
If your grade is between 2.0 and at least 2.5 we will invite you to take a written test of admission. Applicants will get an invitation by email at least two weeks before the date of the test.
Additional information: English language proficiency can also be proven by a university degree of an English-language institution of higher education. No other proof of sufficient command of English can be accepted. If you are not able to provide your TOEFL/IELTS score at the time of application you may upload an informal petition instead via our online tool, saying that you are going to hand in your result after the application deadline via email (deadline: August 31st).
Application Documents
The following documents and information must be uploaded or entered directly in our online application tool during the application period:
- Proof of your studies:
- Certificate of the Bachelor’s degree with a proof of the (final) average grade and explanation of the grading scale. The grading scale must give evidence of the minimum pass-grade required as well as the maximum achievable grade in the subject concerned. Please note that we have to reject applications without proof of average grade and grading scale certified by your examination office.
- Outline of lecture courses and/or transcripts of records of the courses you have attended. If your transcript of records lists all course names, this is sufficient. You do not need to add syllabi.
- If your documents are not in German or English an official translation has to be additionally provided.
- If you have not yet finished your bachelor’s studies at the time of your application, please provide an official transcript of all examination results to date and an overall weighted average grade certified by your university’s examination office. In case you fulfill all the requirements you will receive a conditional admission offer depending on your final grade. Please note that at the time of your application you must have completed at least 75 % of the requirements of your bachelor’s curriculum (in the case of a 180 ECTS course this would be 135 ECTS points).
- Evidence of sufficient knowledge of English (see language requirements).
- Curriculum vitae: please upload your current CV in the English language.
- Motivation letter: please be prepared to provide a motivation letter in English with a length of 2,000 to 3,000 characters. The letter should describe your goals in pursuing graduate studies and in particular why you would like to complete the master’s program in economics at LMU Munich. The letter has to be inserted in the prepared text field in our online application tool.
Please note:
- Applications after the deadline are not accepted.
- Documents provided by email/mail or handed in personally will not be taken into account.
- GRE/GMAT are NOT required for the application.
- Letters of reference are NOT considered for application.
- Incomplete applications cannot be processed.
- If your application is rejected, you can apply again in the next application period.
All Applicants from EU and non-EU countries must in addition to their application at the university department, apply at the University’s International Office (Referat für Internacionales Angelegenheiten) which assesses whether you fulfill the formal requirements for admission to the university itself.
It is recommended to prepare your application to the University’s International Office simultaneously with your application for the master’s program at the Department of Economics. The application period of the International Office officially begins Mid-May but you can send in your application already at the beginning of May. It ends on July 15th for intake in the winter semester.
lMU munich bachelor programs in english
You’re not German, and you’d like to register for a bachelor’s, master’s, or other degrees at LMU Munich? Then you’ve come to the right place! Here are the steps you need to take in order to study at LMU.
Welcome to LMU Munich, one of Europe’s leading research universities in a lively and exciting city! Becoming part of LMU’s diverse community — no matter how long for it — will open up a world of intellectual and professional opportunities to you.
Before you arrive at LMU, there’s a lot to do, and the University is here to help. There are some things that need to get done at home before you arrive — and some things that will just make your transition to Munich that much easier!
The degree programs that offer a double or triple academic degree are usually taught in English, but some are also taught in the local language. Please check the program websites in good time to find out which language skills you will need to demonstrate when applying.
The application procedures vary greatly depending on the program. Applications can be made either centrally through the international consortium or directly through the LMU coordinator.
various websites of each program and contact the program coordinators directly.
If you have been selected by your home university for one of the aforementioned programs and wish to study part of the program at LMU, you will find further information on admission to LMU in our application guidelines.
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