Updated on May, 23 2024 06:55 IST
MS in International Economic Studies in Germany
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MS in International Economic Studies in Germany is a unique course. The subject is for those students who are interested in finance and trades. It is a complex subject. Students from all over the world apply for MS in international economic studies in Germany. However, only a few are chosen. Germany has one of the strongest economies in Europe. As a result, it provides better job opportunities, healthcare, and education. Students not only prosper in the country but learn and pursue their dream with ease. Economics is all about finance and trade. The subject deals with the study of economic relations between countries. It also teaches economic effects and advanced trades between countries. Studying economics in Germany gives students a stable and refined approach to the subject. In this article, we will learn about the top universities one can take admission for MS in international economic studies in Germany. We will also look at various job opportunities, scholarships available, and much more.
| Program | MS in International Economic Studies |
| Course duration | 2 years |
| Language of Instruction | English |
| Tuition Fees | Free |
| Living cost in Germany | 1000 EUR per month |
| Sessions | 2 - Summer and Winter |
Students get plenty of benefits while studying in Germany. Take a look! Here are six reasons for choosing masters in international economic studies in Germany.
Finesse In economic trade: Germany ranks 5th in international trade. The country contributes around 4.2% of world exports. Hence, The country's education is based on the economic system for students to better understand trade and real-life situations.
Affordable lifestyle: One can live comfortably in Germany. Students have to pay less tax and service charges. The average cost of living in Germany is low in comparison to other European countries.
Welcoming environment: International students are welcomed with open arms in the country. The country exposes students to diverse cultural backgrounds. Also, the government is supportive and promotes exchange programs.
Top universities: Top public universities provide free study in Germany for MS in international economic studies. The public University does not charge a tuition fee. Although, students have to pay administrative charges. Students can also look out for private universities with low tuition fees. There are plenty of universities for students to check out.
Scholarships: Students can avail of different scholarships for MS in Germany.. Scholarships can provide the student with additional support. The students can get extra financial help by aiming for a scholarship.
Job opportunities: Students studying master courses can apply for various MNCs and top companies. Students can apply to different industries to explore themselves after they have completed their MS. There is a job opportunity for everyone.
Germany draws students from all over the world to pursue MS degrees in International Economic Studies because of its top-notch facilities, highly acquainted staff, and affordable education. Make sure you meet all of the following requirements to ensure entrance to a German university for your career abroad:
You must have attended school for a minimum of 12 or 13 years and have completed your high school (10+2) with a minimum grade of 50% in a trade and business-related topic, arithmetic, or economics.
You must have earned a degree in a similar vocation from an accredited university after completing all three or four years of graduate school with an overall average of at least 50%.
Since it is a multinational degree and the plurality of German institutes offer English-based courses, you must enroll in and pass English ability tests like the IELTS, which has a band spectrum of 6.5 to 7, or the TOEFL, which has a scoring capacity of 90 to 100.
As more and more international students come to Germany to pursue their higher education and the English language serves as a common language of understanding between them, more and more German universities are choosing to use it as their primary language of instruction and knowledge transfer. You must therefore take examinations like the TOEFL or IELTS to demonstrate your proficiency in both speaking and writing English. Rarely, but certain German-speaking colleges may also need you to have B1-level proficiency in the language.
You will normally have two opportunities each year to apply for and get admitted to a MS programme in international economic studies at a German university. Take note of the following application deadline to guarantee admission to your preferred university for a MS degree in international economic studies in Germany:
Initial intake:The application procedure for this first round of admissions, also referred to as the September or the summer intake, starts around April and lasts until mid-July so that students can start their classes the same year.
Secondary intake:From October to mid-January, students who for any reason missed the deadline for the initial round of admissions have the chance to reapply. This stage, often known as the March intake or winter intake, enables students to begin their coursework for the next academic year.
You should plan and be ready with all the required documents and credentials to avoid any last-minute hiccups and panics that could have the risk of your admission being revoked. This is true whether the university is privately owned or state-owned. To fully ensure your candidature for a MS in International Economic Studies at a German university, whether it is a privately owned or state-owned university.
Make sure you have the following documentation before applying to German MS programmes in international economic studies:
Valid identification documents, such as a passport, VISA, a recent passport-size photo, etc.
Proof of passing prerequisite tests such as the TOEFL, IELTS, and German B1 level, if necessary.
Academic qualifications, such as your high school grades and graduation percentage, etc.
Character references such as recommendation letters and statements of intent.
Europe's sole country that provides the most affordable education is Germany. Germany facilitates you to receive the highest education available anywhere in the world at exceptionally reasonable fees by providing degrees that are conceded worldwide and world-class education through highly knowledgeable teachers.
See the following table to understand the cost of a MS in international economic studies at a German university:
| University | Fees |
|---|---|
| Free University of Berlin | Free of Cost |
| Humboldt University of Berlin | 216 EUR per year |
| The University of Tubingen | 3,012 EUR per year |
| Technical University of Munich | 276 EUR per year |
Scholarships can help you study free in Germany. The list of various scholarships for masters in international economic studies in Germany is given below.
The Deutschlandstipendium
The Friedrich Ebert Stiftung
Heinrich Böll Foundation
Konrad-Adenauer-Stiftung (KAS) Scholarships
Bayer Foundations
Marie Sklodowska-Curie Aid
MAWISTA Scholarship
If you clear the eligibility for masters in international economic studies in Germany, you can try applying to the universities given below.
The Technical University of Munich
The Humboldt University of Berlin
The University of Munich
The University of Bonn
Go through the following listed steps to get admission to a course in International Economic Studies in Germany:
The highly seasoned career experts at we will research the best universities offering this course in Germany and will go through their eligibility criteria, documents required, academic prerequisites, etc. to make sure that you are fit to apply to the university.
You can turn to us for guidance and support in registering at the admission block of your desired universities’ website and filling out the application form.
Our experienced professionals will help you collect and turn in all the needed paperwork like high school transcripts, eligibility certificates, equivalency certificates, passports, and other necessities made compulsory by the institution.
Make the transaction for the application form to finish off the application process.
After this, you have to sit for an exam conducted by the university to test your aptitude or provide grade transcripts of qualifying for an exam recognised at the national level. If they accept your transcripts, they may call you for an interview. Our mentors help you with preparing for these exams as well as acing the interview.
You may also have to sit for an English exam needed for entry into some universities or show proof of your qualification in the language through tests like IELTS or TOEFL. We also provide you with language training.
If your application is approved by the college authorities after going through all the information filled in by you, you will receive a confirmation email from them. We will help you in fulfilling all the final steps and requirements.
Our support doesn't just end here but we will be there with you even after your admission to help you with accommodation, VISAS, etc.
Do students find the course of international economic studies easy?
Masters in international economic studies in Germany is an easy subject. It needs focus, willpower, and enthusiasm to learn.
Can I complete my international economic studies in Germany in 1 year?
No, MS in international economic studies in Germany is a 2-year course. One cannot complete the course in 1 year. However, diplomas and other courses are available in the same subject stream.
How much does it cost applying to MS in international economic studies?
The course of international economic studies costs up to 265 EUR and can range up to 6703 EUR.
What are the different subjects for MS in international economic studies in Germany?
There are more than 6+ subjects that students have to study for their MS. These subjects are agricultural economics, econometrics, economic policy, economics - general, financial economics, basics of international economics, macroeconomics, microeconomics, political economics, and more, included in MS in international economic studies in Germany.
What is the most popular branch of international economic studies?
Two popular branches of international economic studies are business and cultural diplomacy.
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