Master in International Economics
The Master Programme is a rigorous two year degree that combines analytical rigor and practical applications to provide students with the up-to-date tools, knowledge and intuition needed for economic policy analysis.
What is it?
The 2 years MIS program provides a rigorous training in economics with an emphasis on policy issues. We focus on the international dimension of economics, namely trade, international migrations, international macroeconomics, economic history, and development.
Who can apply?
Admissions are decided on the basis of individual files. Candidates for the MIS program need two perequisites. First, they should have followed undergraduate economics classes in order to be familiar with the main concepts of economics. Second, they should have a solid mathematical background in order to be equipped to handle the technical aspects of economics. Most (albeit not all) incoming students have an undergraduate degree in economics.
What does it prepare you for?
Upon completion of the MIS you can obtain a position focused on economic analysis in a broad range of employers. The MIS thesis prepares you to independently conduct insightful and rigorous analysis of economic problems.
Successful completion of the MIS also allows you to continue your studies in a PhD program, either at the Institute or in another institution.
How is the program structured?
The program consists of core classes and electives (economics classes are in English), and a thesis.
- The core classes give you a solid training in macroeconomics, trade, and econometrics. They are taken over the first three semesters of the program. You will also have the opportunity to take a math refresher course starting shortly before the first semester.
- Elective cover classes in economics, including an econometrics seminar in the last semester where you will present a preliminary version of your thesis, and selected classes in the Institute’s other disciplines.
- You will choose a faculty member (advisor) to supervise your master thesis by the beginning of the second year. Students normally narrow the research topic during the third semester, leading to a thesis proposal by the end of the semester. You will focus on writing your thesis in the fourth semester under the guidance of your advisor.
The credit requirements are for 90 credits (ECTS) from classes (36 from six core classes, between 30 and 42 from 5-7 electives in economics and between 12 and 24 from 2-4 electives outside economics) and 30 credits from the thesis.
Can I follow classes outside the Institute?
Yes. You can take up to 2 classes (non-economics elective) in other institutions, subject to approval by the director of studies.
We also offer opportunities for exchanges with other institutions. These take place in the third semester with applications submitted during your second semester.
Is financial support available?
Yes. Although we cannot finance all MIS students, the Institute offers a significant number of scholarships. You can apply for support for your first year when applying to the Institute. Applications for support for the second year are submitted during the second semester.
How is the work atmosphere?
Very collegial and stimulating. Our small size of about 20 students per year allows for good contact between students and faculty members. The Institute is not a setting where a large number of students have limited access to a distant faculty. Instead, there is a good relation between students and professors and the economics section values the input of students in the functioning of the economics program.
Our small size also fosters a cooperative atmosphere among students. Each cohort of student elects a representative who is in regular contact with the faculty and the administration.
Can I proceed onto the PhD programme?
Yes, subject to acceptance, of course. The Institute has now introduced a “fast track” option. MIS students interested in the PhD can apply in their third semester. They will then follow doctoral classes in the fourth semester. When accepted, the fourth semester of their MIS will become the first semester of the PhD program. Students will submit a dissertation proposal by the end of their fifth semester at the Institute, with a successful proposal granting them a Master degree. More details on the PhD program are found on the PhD page. If the PhD application proves unsuccessful, students will simply finish the MIS program in the standard timeframe.
How to apply?
Admission is organized at the Institute level. Interested students are kindly asked to follow the General Admission Procedure to the Institute's programs. In addition to the general admission conditions, the Economics department requires applicants to the Master and PhD program to take the GRE test (school code: 2258; department code: 1901).