Economics: Data Science and Policy (Master-Studiengang)

Version: 26.11.2020

General Information

Degree Master of Science (M.Sc.)
Characteristic Master-Studiengang
Credits 120 CP
Standard Period of Study 4 semester
Start of Studies nur Wintersemester
Form of Study Direct Study, Full-time Study, International Study
Language English
Tuition Fees none
Admission Restriction restricted (Uni-NC)
Study without Abitur no
Specific Admission Requirements yes (Details)
Faculty Juristische und Wirtschaftswissenschaftliche Fakultät
Institute Wirtschaftswissenschaftlicher Bereich
Accreditation not accredited, accreditation in preparation

Programme Goals

The MSc Economics: Data Science and Policy 120 CP is an internationally recognised, 2-year degree programme that provides state-of-the-art education in economics with a particular focus on data science and policy analysis. You will learn how economists derive insights from data, analyse issues of economic policy, and communicate their research results effectively.

The programme consists of three main building blocks: First, you study advanced, state-of-the-art concepts of micro- and macroeconomics. Second, modules in economic data science provide a systematic and comprehensive introduction to key statistical methods and software. Third, you learn how to apply economic expertise in evidence-based economic policy analysis. The modules in this programme cover a wide range of subject areas and allow you to engage in e.g. applied labor and health economics, monetary economics, or development economics.

The course of study emphasizes a hands-on approach to learning. You will have ample opportunities to actively work on your own projects and to engage in critical thinking in exercises and seminars. The international environment and small class sizes create an interactive and intellectually stimulating atmosphere.

The programme is closely linked to the Halle Institute for Economic Research (IWH)   , an internationally renowned economic research institute located in Halle. IWH staff both contributes to the curriculum and supervises programme interns at the institute. The close connection with the IWH will give you the opportunity to gain insights into real-world policy consulting and to attend research seminars with international speakers.

Study in Halle!

Aside from academic success, your time at Halle University can and should be very enriching personally. Staff and student tutors, the Orientation Week and events organized by the International Office will help you settle in quickly and you will make friends that just might accompany you throughout your studies and potentially for the rest of your life.

The city of Halle is the largest and most densely populated city in the Federal State of Saxony-Anhalt. Architectural monuments, an opera house, the Händel auditorium and multiple theaters and stages, make Halle an important historic and cultural destination. The banks of the Saale river as well as numerous parks and pubs invite students to pursue recreational activities and to hang out with friends. With its university and two colleges, renowned research institutions for economics and biosciences as well as a booming logistics industry, Halle is also one of the thriving cities in the region.

Halle University does not charge tuition fees but only a small social contribution, i.e. a semester fee, which includes public transport. Students should anticipate total monthly expenses of approximately 750 Euros including rent, food, transportation and health insurance. Students typically live in either dormitories, shared accommodation or single appartments that range from 150-300 Euros. There are only limited financial support schemes available for international undergraduate students but you may work a limited number of days to support your studies. Our International Office will be happy to assist you in these matters.

Career Opportunities

The programme prepares for employment in the private sector or public administration or for a research-oriented career at a research institute or university. Graduates are qualified to successfully work in various professional areas where an understanding of economic issues is essential. Our graduates have entered the following fields:

  • Research institutes / Think Tanks
  • International organisations
  • Business
  • Ministries
  • Parties / Associations / Unions
  • Media / Journalism

Accreditation

This study programme has not yet been accredited. The accreditation is currently being prepared.

Programme Structure

The programme is structured as follows:

  1. Compulsory modules (15 CP)
  2. Master's thesis (25 CP)
  3. Economic Data Science (35 CP)
  4. Economic Policy (35 CP)
  5. Electives (10 CP)

Compulsory modules in advanced microeconomics, advanced macroeconomics and advanced monetary economics bring all students up-to-date in these core subjects. The economic data science and economic policy building blocks both contain 3 compulsory classes, 1 seminar and 3 additional classes you are free to choose. That way every student is exposed to key concepts of the respective fields and acquires the skills required to both work with empirical data and to apply the results in the context of evidence-based policy advice. Two electives allow you to choose additional data science/policy classes or to select from a wider range of content. A master's thesis concludes your studies.

Modules

Module CP rec.
sem.
Compulsory modules (40 CP)

Advanced Macroeconomics

5 1

Advanced Microeconomics

5 1

Advanced Monetary Economics

5 1

Thesis Module "Master Economics: Data Science and

Policy"

5 3 or 4
Elective modules (80 CP)

1. Economic Data Science (35 CP)

Econometrics I

5 1

Econometrics II

5 1

Causal Inference

5 2

Seminar in Econometrics

5 3 or 4

Elective Modules

15  

2. Economic Policy (35 CP)

   

Ethics and Economics of Institutional Governance

5 1

Growth and Development I

5 3

Institutions, Organizations and Policy: An Empirical and

Historical Perspective

5 3

Seminar in Economics

5 3 or 4

Elective Modules

15  

3. Electives (10 CP)

10  

The content, learning objectives, workload, requirements and prerequisites of specific modules are published in the module catalogue and in the study and examination regulations (in German only), respectively.   

Internship

An internship in business and administration is recommended but not compulsory.

Study Abroad

We recommend for you to study one semester at a foreign university but an exchange semester is not compulsory. The Faculty of Law and Economics of Halle University maintains partnerships with several universities abroad, which include student exchanges. However, students can also organize and arrange stays abroad on their own initiative. Students are advised by the Faculty of Law and Economics on their planned studies abroad and are supported during the exchange.

Admission Requirements

Applicants for the MSc Economics: Data Science and Policy 120 CP must hold a bachelor's degree or equivalent in a business- or economics-related programme (at least 60 ECTS in economics-related modules) with a minimum overall grade of 2.5 according to the German academic grading scale.

Additionally, all applicants must provide proof of their proficiency in English at B2 level. Exclusively, the following proofs are accepted:

  1. Cambridge: minimum FCE with grade C;
  2. Placement test B2 at Halle University: passed, if offered*;
  3. Native speaker of English: A native speaker is defined as someone who has obtained the university entrance qualification or bachelor's degree or an equivalent educational qualification in one of the following countries and has completed at least the last 2 years of the school or university education there: Australia, Ireland, Canada (excluding Quebec), New Zealand, Singapore, United Kingdom, USA;
  4. IELTS: minimum total band score of 6.0;
  5. TOEFL ibT: minimum score of 72;
  6. UNIcert II

    (only this year) TOEFL iBT Special Home Edition: minimum score of 72
    (only this year) IELTS Indicator: minimum total band score of 6.0

*If you wish to participate in the placement test at Halle University, you need to be able to travel to Halle for this purpose: We do not issue invitation letters for visas to take the test. Please also read our FAQ to learn about the advantage of submitting an internationally recognised test score.

The proof of proficiency in English above are all recognised as valid for an unlimited period.

A sound knowledge of mathematics, statistics and experience in using information and communication technologies is strongly recommended.

Zulassungsvoraussetzungen (German version)

Zum Masterstudium kann zugelassen werden, wer über einen ersten berufsqualifizierenden Hochschulabschluss verfügt und die englische Sprache in Wort und Schrift beherrscht.

Der  berufsqualifizierende Hochschulabschluss ist durch ein abge-
schlossenes Bachelorstudium mit mindestens der Abschlussnote 2,5 in  einem wirtschaftswissenschaftlich orientierten Studiengang (mindestens 60 LP) oder durch einen vergleichbaren Abschluss mit mindestens der Abschlussnote 2,5 in einem  wirtschaftswissenschaftlich orientierten Studiengang  (mindestens 60 LP) nachzuweisen.

Die Beherrschung der englischen Sprache wird durch das Vorliegen des Sprachniveaus B2 nachgewiesen. Dafür werden ausschließlich folgende Nachweise anerkannt:

  1. Cambridge English: First Certificate in English (FCE) mit der Mindestnote C, oder höherwertig;
  2. Einstufungstest B2 am Sprachenzentrum der MLU mit dem Ergebnis "bestanden“, falls angeboten;
  3. Muttersprachliche Englischkenntnisse: Als Muttersprachler gilt, wer seine Hochschulzugangsberechtigung oder seinen Bachelorabschluss bzw. äquivalenten Bildungsnachweis in einem der folgenden Länder erworben und dort nachweislich mindestens die letzten 2 Jahre seiner Schulzeit bzw. Hochschulzeit absolviert hat: Australien, Irland, Kanada (ohne Quebec), Neuseeland, Singapur, Vereinigtes Königreich, USA;
  4. IELTS mit einer Mindestnote von 6,0;
  5. TOEFL iBT mit einer Mindestpunktzahl von 72;
  6. UNIcert II.

Die anerkannten Nachweise der englischen Sprachkenntnisse werden alle zeitlich unbegrenzt als gültig anerkannt.

Fundierte Kenntnisse in Mathematik , Statistik sowie Erfahrung im Umgang mit Informations- und Kommunikationstechnologien werden dringend empfohlen.

Application/Enrolment

The admission to the MSc Economics: Data Science and Policy 120 CP is currently restricted (Uni-NC).

  • Applicants who obtained their bachelor's degree (or equivalent) in Germany must apply via www.uni-halle.de/bewerben. Due to the coronavirus pandemic, the usual application deadline (15 July) has been postponed to 20 August 2020.

  • Applicants who obtained their bachelor's degree (or equivalent) abroad must apply via www.uni-assist.de until 30 April. Due to the coronavirus pandemic, the usual application deadline for the winter semester (end of April) has been postponed to 15 July 2020.

Halle University reconsiders its admission policy every winter semester and determines whether admission to a study programme is restricted (Uni-NC) or free (no NC). From May each year, the current decision is published here (see also General Information).

Required documents

Besides the application for admission, all applicants are required to submit the following documents:

  1. An authenticated hard copy of your bachelor's degree or equivalent degree (graduation certificate and transcripts) and authenticated, official translations unless the originals are in English or in German.
  2. Applicants who are only able to submit the bachelor's degree (or equivalent degree) certificate after the application deadline, might apply with a provisional graduation certificate, respectively the semesters’ transcripts (i.e., the modules and grades overview must reflect at least 2/3 of the degree's total credits). The final graduation certificate should be submitted with the enrolment at university, for enrolment for the winter semester, however, not later than 31 January of the following year. [due to coronavirus pandemic, postponed to 31 March 2021]
  3. Proof of relevant previous knowledge acquired at a university in accordance with the Regulations governing the Selection Procedure for the international master's programme Economics: Data Science and Policy 120 CP (Selection Regulations) in the currently valid version.
  4. Recognized proof of the proficiency in English language in accordance with the Selection Regulations in the currently valid version.
  5. Proof of any relevant practical experience as outlined in the Selection Regulations in the currently valid version.

For detailed information please refer to the valid study and examination regulations.

Bewerbung/ Einschreibung (German version)

Der Master-Studiengang Economics: Data Science and Policy 120 LP ist zurzeit zulassungsbeschränkt (Uni-NC).

  • Mit einem deutschen Hochschulabschluss bewerben Sie sich bitte bis 15.7. über www.uni-halle.de/bewerben. [Wegen der Corona-Pandemie im laufenden Jahr verschoben auf 20.8.2020]

  • Mit einem ausländischen Hochschulabschluss bewerben Sie sich bitte bis 30.4. über www.uni-assist.de. [Wegen der Corona-Pandemie im laufenden Jahr verschoben auf 15.7.2020]

Ob ein Studienangebot zulassungsbeschränkt (Uni-NC) oder zulassungsfrei (ohne NC) ist, entscheidet die Uni Halle zu jedem Wintersemester neu. Jeweils ab Mai des Jahres wird die aktuelle Festlegung für das kommende Wintersemester an dieser Stelle (siehe auch Allgemeine Informationen) veröffentlicht.

Unterlagen für die Bewerbung

Dem Zulassungsantrag sind die folgenden Unterlagen beizufügen:

  1. Das Bachelorabschlusszeugnis bzw. ein äquivalenter Bildungsnachweis in Form beglaubigter Abschriften oder beglaubigter deutscher oder englischer Übersetzungen, falls die Originale nicht in deutscher oder englischer Sprache abgefasst sind.
  2. Bewerber*innen, die das Zeugnis des ersten berufsqualifizierenden Hochschulabschlusses erst nach der Bewerbungsfrist vorlegen können, reichen mit den Bewerbungsunterlagen eine Fächer- und Notenübersicht über mindestens 2/3 der zu erbringenden Gesamtleistungen ihres Studiums ein. Das Zeugnis muss bei der Einschreibung zum Wintersemester bis spätestens 31.1. des Folgejahres nachgereicht werden.
  3. Geeignete Nachweise über die an einer Hochschule erworbenen einschlägigen Vorkenntnisse gemäß der Ordnung zur Regelung des Auswahlverfahrens für den internationalen Master-Studiengang Economics: Data Science and Policy (Auswahlordnung) in der jeweils gültigen Fassung.
  4. Geeignete Nachweise über die Sprachkenntnisse in Englisch gemäß der Auswahlordnung in der jeweils gültigen Fassung.
  5. Geeignete Unterlagen zum Nachweis einschlägiger praktischer Erfahrungen gemäß der Auswahlordnung in der jeweils gültigen Fassung.

Ausführliche Informationen entnehmen Sie bitte der gültigen Studien- und Prüfungsordnung.

Programme Advisor

For detailed information concerning the contents, goals and structure of the programme, please contact the programme advisor.

Dr. Klaus Schmerler

Wirtschaftswissenschaftlicher Bereich

Große Steinstraße 73
06108 Halle (Saale)

Phone: 0345 55-23324

Consultation hours

nach Vereinbarung