Quantitative Economics (Master’s)

Programme introduction

• The programme gives 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.
• Cooperation with the Bank of Estonia and Swedbank provides internship possibilities, an award for the best thesis and job opportunities after graduation.
• Studying is flexible and allows you to reconcile work and university life.
• Graduates can follow a career as analysts in banks, public sector organisations, consulting firms and international companies. 80% of our alumni work in Estonia.
• Study in the University of Tartu Delta Centre which brings together a vibrant community of students, researchers and innovators in the fields of computer science, business and economics, mathematics and statistics.

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.

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Level of study: Master’s
Study language: English
Duration and credits: 2 years, 120 ECTS
Form of study: Regular study
Location: Tartu
Student places: 25
Tuition fee: 2100 EUR/semester
Tuition waivers: 5 for citizens of EU/EEA/Switzerland, 10 for non-EU citizens
Admission 2023: Jan 2 – 15 Mar 2023

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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. —  Jaan Masso, Programme Director

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.