International Economics
The International Economics program at the Berlin School of Economics and Law in Germany offers a comprehensive study of global economic systems, trade policies, and international financial markets. This program equips students with analytical tools ...
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Key Statistics
Duration
24 Months
Degree Level
Masters
Field of Study
Social Sciences
Intl. Fee
10,000 EUR per year
Intake
Winter Semester (October), Summer Semester (April)
Deadline
Winter Semester: July 15, Summer Semester: January 15
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Overview
The International Economics program at the Berlin School of Economics and Law in Germany offers a comprehensive study of global economic systems, trade policies, and international financial markets. This program equips students with analytical tools to understand complex economic interactions between countries and multinational corporations. Students gain expertise in economic theory, quantitative methods, and policy evaluation, preparing them for careers in international organizations, government agencies, and private sector firms. The curriculum emphasizes practical applications and real-world case studies, fostering critical thinking and problem-solving skills. Graduates will be well-prepared to contribute to global economic development, trade negotiations, and economic research. With a strong focus on social sciences, the program integrates economic theory with political and social insights, ensuring a holistic understanding of international economic issues. Situated in Berlin, a major economic hub, students benefit from networking opportunities and exposure to diverse cultural perspectives. The program is designed for those seeking to excel in international economics in an evolving global environment.
Programme Highlights
- Comprehensive curriculum covering global trade and finance
- Strong focus on quantitative and analytical methods
- Opportunities for internships with international organizations
- Access to networking events and economic research seminars
- Experienced faculty with expertise in international policy
- Courses integrating economic theory with social sciences
- Located in Berlin, a major European economic hub
Who Should Apply
This program is ideal for graduates in economics, business, or social sciences who aspire to deepen their understanding of global economic systems. Professionals aiming for careers in international organizations, trade policy, economic research, or governmental agencies will benefit greatly. It also suits individuals interested in addressing economic challenges in developing countries or multinational corporations. Candidates passionate about analyzing cross-border economic interactions and influencing global economic policies should apply. The program welcomes students with a strong quantitative foundation and an interest in socio-economic dynamics on a global scale.
Career Outcomes
Graduates of the International Economics program can pursue careers in international organizations such as the WTO, IMF, or World Bank, as well as governmental agencies focused on trade and economic policy. Opportunities also exist in multinational corporations, financial institutions, economic consultancy firms, and research institutes. Alumni often engage in economic analysis, policy advising, trade negotiation, and development projects. The program equips students with skills to work as economists, policy analysts, trade experts, or international development specialists. Strong analytical and quantitative abilities gained during the program open doors to diverse roles in the global economic sphere.
Admission Requirements
Applicants must hold a bachelor's degree in economics, business, social sciences, or a related field with a minimum grade equivalent to the German 'gut' (good). Proof of English proficiency through TOEFL (minimum 88) or IELTS (minimum 6.5) is required unless the previous degree was completed in English. A motivation letter explaining the applicant’s interest in international economics and career goals is essential. Additionally, letters of recommendation and a CV highlighting relevant academic or professional experience strengthen the application. Some background in quantitative methods or statistics is advantageous. Applicants may be asked to attend an interview or submit a writing sample. Meeting the general university admission criteria and providing certified copies of transcripts and diplomas are mandatory. Early application is encouraged due to limited seats and high competition.
Essential Documents
Requirements for Indian Students
Indian applicants must hold a recognized bachelor's degree in economics, business, or related fields with a strong academic record. They need to provide certified transcripts, proof of English proficiency (TOEFL 88 or IELTS 6.5), and a motivation letter outlining their interest in international economics. Letters of recommendation from academic or professional referees are strongly recommended. Indian applicants should also submit a CV demonstrating relevant experience or internships. It is advisable to start visa application procedures early due to processing times. Meeting the general admission criteria of the Berlin School of Economics and Law and providing all required documentation is mandatory. Familiarity with quantitative methods will improve chances of admission.
English Language Requirements
Applicants must demonstrate proficiency in English through standardized tests such as TOEFL (minimum score of 88) or IELTS (minimum band of 6.5). Exemptions apply if the candidate's previous degree was completed entirely in English. Proof of language proficiency is essential to ensure students can follow lectures, participate in discussions, and complete academic assignments effectively. English language certificates must be submitted with the application. Additional language support may be available for non-native speakers upon enrollment.
Important Notes for Indian Students
Indian students must carefully prepare their visa applications, ensuring all documents such as acceptance letters, financial proof, and health insurance certificates are complete and accurate. It is recommended to apply for the visa at least three months before the intended start date to avoid delays. Familiarity with German immigration regulations and timely registration with local authorities upon arrival are crucial. Indian students should budget for living costs, including accommodation, food, transport, and study materials. Participation in orientation programs and seeking academic advising can ease the transition. Additionally, understanding cultural differences and local laws will help integrate smoothly into the German academic environment.
Fees & Funding
International Tuition Fee
10,000 EUR per year
Home/Local Tuition Fee
650 EUR per semester
* Fees are subject to change. Please verify with our counselors or the university website.
Estimated Cost (INR)
Approximately 9,00,000 INR per year for international tuition fees, excluding living expenses. Local semester fees translate to around 58,500 INR per semester. Additional costs for accommodation, food, and transportation may add another 6,00,000 INR annually depending on lifestyle.
Fee Summary
The tuition fee for international students is 10,000 EUR per year, while local students pay a semester fee of 650 EUR. Additional costs include administrative fees and semester contributions that cover public transport and student services. Costs for books, accommodation, and living expenses should also be considered. Financial aid and scholarships are available for eligible students to help offset tuition and living costs.
Scholarships
Berlin School of Economics and Law offers scholarships for high-achieving international students, including merit-based and need-based grants. Scholarships cover partial tuition fees and living expenses. Additional funding opportunities are available through DAAD, Erasmus+, and other governmental and non-governmental organizations. Applicants are encouraged to apply early and provide all necessary documentation, including academic transcripts and motivation letters. Specific scholarships target students from developing countries and those pursuing research in global economic development.
Visa & Work Permit
International students require a student visa to study at the Berlin School of Economics and Law. The visa application process typically takes 6-8 weeks and must be initiated before arriving in Germany. Applicants need to provide proof of admission, financial resources, health insurance, and accommodation. Upon arrival, students must register with local authorities and obtain a residence permit. Visa extensions are possible for the duration of the study program. It is essential to comply with German immigration regulations to avoid legal issues.
Student Visa Overview
Indian students admitted to the program must apply for a German student visa before arrival. The visa process requires an acceptance letter from the university, proof of financial means to cover living expenses (approx. 10,332 EUR per year), valid health insurance, and accommodation details. Students should apply at the German embassy or consulate in India well in advance, as processing can take up to 8 weeks. After arrival in Germany, registration with local authorities and a residence permit application are mandatory. Maintaining enrollment and academic progress is required for visa validity.
Post-Study Work Opportunities
Graduates from the Berlin School of Economics and Law have the opportunity to extend their stay in Germany for up to 18 months to seek employment related to their degree under the EU Job Seeker Visa. This period allows graduates to explore job opportunities in international economics, economic research, policy advising, and trade consultancy. Germany’s strong economy and Berlin’s strategic location provide access to multinational corporations and international organizations. Successfully securing employment can lead to long-term residence permits. Additionally, graduates can pursue doctoral studies or professional training to further enhance their career prospects.
Why we recommend this programme
"We recommend that prospective students ensure they meet all academic and language requirements well ahead of deadlines. Early application increases chances for scholarships and preferred intakes. Indian students should start the visa process promptly after admission to accommodate processing times. Engaging with the university’s international office can provide valuable support. To maximize career prospects, students should actively seek internships and networking opportunities during their studies. We also suggest exploring scholarship options through DAAD and other funding bodies. Preparing for cultural adaptation and familiarizing oneself with Berlin’s economic landscape will enhance the overall study experience and professional growth."
Frequently Asked Questions
What is the duration of the International Economics program?
The program typically lasts two years (four semesters).
Is work allowed during the studies?
Yes, international students can work up to 120 full days or 240 half days per year.
Are scholarships available for international students?
Yes, scholarships are available based on merit and financial need.
Do I need to know German to enroll?
No, the program is taught in English; however, basic German knowledge is beneficial for daily life.
Can I extend my stay after graduation?
Yes, graduates can apply for an 18-month residence permit to seek employment.
Sources
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