The Master degree economics Erasmus Mundus QEM - Models and Methods of Quantitative Economics is a Master program in Economics co-funded by the Erasmus+ programme of the European Union. It is true joint full-time advanced Master Degree for elite cohorts of students with many specializations. Taught in English, the master program in economics is designed by a Consortium of four Partner Universities from 4 European countries with a network of Associated Partners consisting of international academic institutions as well as public and private companies.
The course of this master program in economics offers a rigorous education in fundamental quantitative tools by combining core economic theory with related quantitative disciplines such as Probability, Statistics, Econometrics, Finance, Actuarial Science, Mathematical Modelling, Computation and Simulation, Experimental Design, and Political Science. The breadth of courses offers students the opportunity to specialise in one of these many areas in accordance with their interests along a number of course tracks. These being areas which are increasingly vital in both research orientation for further studies and in the job market for positions in government organisations, private companies or financial institutions.
The course of the master program is intended to prepare students for a wide range of careers which utilise their competency in economics, including economic theory, macroeconomics and financial forecasting, financial engineering and risk management, quantitative asset management, computational economics, quantitative trading, and applied and theoretical research. See full programme détails of Quantitative Economics Master (QEM).
Each year, approximately 50 students are welcomed to this master program in economics on the basis of academic excellence. Applicants for our master degree economics should hold a recognised bachelor's degree (or its equivalent, i.e. 180 ECTS credits in the Bologna system) and be fluent in both written and spoken English. Ideally, applicants for this master in economics will have previously studied mathematics, applied mathematics, quantitative economics or finance but candidates with other backgrounds are welcomed provided that they can demonstrate sufficient interest in economics. Mathematical aptitude as evidenced by previous studies or work experience is taken into consideration in the admissions process. Applicants for the master program in economics without the required mathematical background are advised to undertake special training or programmes prior to their enrolment in the QEM programme. Such training is proposed by the Graduate School of Mathematics ofwith the collaboration of Universitat Autònoma de Barcelona, IMW - Institute of Mathematical Economics of Universität Bielefeld and Università Ca' Foscari Venezia.
It is a programme requirement for students to study at two of the four participating universities from the Consortium. This mobility enables students to benefit from the strengths of each university on a wide range of issues, and to meet and work with professionals from various backgrounds. Upon successfully completing the programme, students are awarded a QEM Joint Degree from the partners of the consortium. The consortium provides extensive career assistance to the students, including help with internships and job placement for graduates. We have had an excellent job placement record, since 2008.