MA | 120 ECTS | ENG | Regular study

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.

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

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.

After graduation

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)

    The master thesis involves analysis of a particular economic issue written in the form of a scientific research article.

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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