Master of Science in International Economics and Economic Policy Goethe University Frankfurt

The orientation of the programme is based on the international experience and reputation of the faculty and its strong research expertise in global economic problems, including development cooperation, public finance, international trade, international finance, and international taxation. The programme combines academic rigour with a focus on topical issues faced by administration and policy makers.

Frankfurt is one of the leading financial centres in Europe with two central banks. It also hosts the German development agencies GIZ and the KfW (including KfW Development Bank) as well as numerous institutions and private corporations. Thus, Frankfurt provides a vast amount of opportunities for internships and job entry.

The programme is structured as follows:

• There are five fundamental modules (obligatory) that provide the basic tools for advanced courses and thesis work.
• There are two modules from International Economics and Economic Policy.
• There are six elective modules, which provide advanced specialised knowledge of various areas. Students choose their electives according to their future career plans.
• There are two supplementary modules that apply academic theories to real-world problems and are typically taught by practitioners.
• There is one seminar that encourages students to conduct their own research as a preparation for the Master's thesis.
• The Master's thesis is a large research project. By writing their theses, students can demonstrate their ability to deal independently with a complex problem.

The minimum prerequisite for admission is a Bachelor's degree. An undergraduate specialisation in economics or business is preferred, but candidates with strong analytical skills from related fields will also be considered.

To receive up-to-date information about admission requirements, please visit our website.

Goethe University charges an administrative fee of approx. 390 EUR per semester. This includes a ticket for public transport and free entrance to public museums. The "magic ticket" entitles you to use buses, trams, and the underground in Frankfurt and the surrounding area. You can even use the regional trains to travel to various other cities, e.g. Marburg, Giessen, or Mainz.

The cost of living in Frankfurt depends on personal requirements and lifestyle. However, students should expect minimum expenses of approx. 940 EUR per month. This calculation is based on the following items: 800 EUR for rent, food, clothing, and study materials, around 81 EUR for compulsory health insurance that is almost comprehensive, and approx. 60 EUR for the semester contribution (including free public transport).

In Frankfurt, 44,000 companies and organisations have approx. 450,000 employees on their payrolls. In addition, Frankfurt is the financial centre of Germany, with 350 banks, including the European Central Bank, 150 foreign banks, and the fourth-largest stock exchange in the world. Furthermore, Frankfurt is home to various cultural and research institutions. These are key players in a flourishing economy, offering students and graduates interesting jobs and internships. During your studies, there are plenty of job opportunities at Goethe University itself (e.g. as a tutor or research assistant), or you may look for jobs and internships elsewhere in the greater Frankfurt area. Some job opportunities are particularly interesting for students from abroad, e.g. at the airport and the trade fair. The "Studentenwerk" as well as the Career Services at Goethe University can help you to find a suitable offer.

Goethe University provides a well-developed career service and has a lot of interesting offers, some of which are even tailor-made for students from abroad.

Frankfurt am Main offers a wide variety of accommodation, from university dorms to privately rented apartments. The biggest providers of dorms are the "Studentenwerk" (student services: https://www.swffm.de/) and churches.
The 19 dormitories offer more than 1,700 different accommodation units starting from 203 EUR per month for a single room to up to 450 EUR for a family apartment of 45m².

We strongly recommend that students contact such organisations as soon as they receive their letter of acceptance to the programme, as these rooms are in high demand.