Quantitative Economics

Quantitative Economics (Master’s)

Quantitative Economics gives you strong preparation in contemporary economic theory and econometric analysis methods, enabling them to analyse and forecast economic processes. This programme gives you training in solving real-life economic problems via the application of state-of-the-art economic analysis techniques with a special focus on micro-and macroeconomic theory.

What will you get?

The programme offers internationally competitive master’s-level economic education. The teaching staff will involve graduates of the high-standing international economics PhD programmes and leading economists of Estonia. Due to close international contacts and active research activities at the national and international levels at the faculty, students can get actual research experience or apprenticeship training in Estonian financial and public sector institutions.

After completing the programme, the student:

  • knows the main concepts in economics and has acquired the skills of making critical assessments over the applicability of these concepts;
  • has acquired the ability to apply both micro-and macroeconomic models for analysing the problems which arise in economic practice;
  • knows how to verbally, graphically, mathematically and empirically analyse and forecast both the behaviour of economic agents and also the impact of governmental policies;
  • has gained the experience of conducting scientific research and solving real-life economic related problems in practice.


Studying is flexible and allows you to reconcile work and university life.

The studies take place in the University of Tartu Delta Centre. Opened in 2020, the Delta Centre comprises academic and research and entrepreneurship buildings and brings together more than 3000 students, lecturers, researchers, and company development employees.

The academic and research building accommodates the Institute of Computer Sciences, the Institute of Mathematics and Statistics, the Faculty of Economics and Business Administration, the Centre for Entrepreneurship and Innovation and some laboratories of the Institute of Technology.

After graduation

The objective of the curriculum is to prepare highly qualified analysts for the government agencies, banks, international organisations and consultancy firms, filling top positions that require a detailed understanding and application of economic models and econometric methods.

Graduates are competitive as analysts in the public sector, financial sector, multinational companies, consulting firms etc. Part of the studies is a mandatory internship that helps students make career choices after graduation.

See more information about admission requirements, FAQ, tuition fee & scholarships and much more here.

Programme timeline

  • I module

    Quantitative Methods in Economics (36 ECTS)

    To provide the basis of the fundamental mathematical and statistical methods used in economics.

  • II module

    Economic Models (40 ECTS)

    To deeper students’ knowledge in different areas of economic models and their applicability in practice. To give the students an opportunity to affirm the acquired skills and experience through practice in field of economic analysis.

  • III module

    Elective Module (18 ECTS)

    Student must select and complete one of the three submodules: Special Topics in Economics, Financial and Actuarial Mathematics or Mobility Module.

  • IV module

    Optional courses (6 ECTS)

    To give a student opportunity to complement his/her knowledge and develop skills in various subjects. Optional courses can be taken from other curricula or from other universities curricula.

  • V module

    Master´s Thesis Module (20 ECTS)

Contact us

Andres Vaher
Marketing Coordinator

Welcome to the Delta Management School Community

Dear students, researchers, today’s and tomorrow’s partners and other interested parties! Delta Management School is a modern, multidisciplinary and experimental study, research and innovation centre. You can find suitable contacts at the TEAM link below.

Our people

Delta Management School

University of Tartu Delta Building
Narva mnt 18 / 51009 Tartu / ESTONIA
Open every day 07.30 am – 08.00 pm
Location map

Delta Café is open Monday to Friday 11 pm – 4:30 pm. / +372 5302 8944

Reception Desk (only technical information):
+372 737 6363; + 372 5331 4670

Parking for guests is available at the UT Sports Hall or Ujula Coop parking lots.

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