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Master in Economic Analysis

Graduate School of Economics and Political Science

Graduate Economics and Political Science School
Direction
Prof. Antoine Loeper
Language
English
Attendance
On-campus
Credits
120 ECTS
Campus
Getafe
Applications

 Open 

☛  Places available: 20

Departments
Economics Department

MORE INFORMATION HERE

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  • Inicio

    The Graduate Program in Economics consists of a two-year Master in Economic Analysis, followed by a three year PhD in Economics. The Master in Economic Analysis is aimed at equipping students with the necessary skills to do high quality economic research. After following a core curriculum during the first three semesters, students choose specialized courses during the last semester. The courses bring students to the research frontier and provide them with quantitative and analytical tools to analyze relevant economic problems.

    Students completing satisfactorily the required coursework of the Master in Economic Analysis and passing qualifying examinations in the three major fields (macroeconomics, microeconomics, and econometrics) are admitted to the PhD program.

    The master is intended for students with a competitive curriculum, solid quantitative skills and a strong motivation to engage in advanced economics research. Most of the students graduated in our program continue towards a PhD either in our department or somewhere else. A significant part of our graduates also finds positions in international organizations, research centers and consultant agencies.

    Our graduate program is a member of ENTER (European Network for Training in Economic Research), a cooperative venture of eight leading European Economic Departments with international PhD programs. Doctoral students can spend two semesters in one or two nodes of the network and ENTER also organizes an annual conference meeting of doctoral students.

     

    Alumnos de Economía celebrando que han ganado

    UC3M Econometrics team, formed by students of the Ph.D. in Economics, wins the “Econometric Game 2018”. In second position is the University of Harvard. UC3M and University of Copenhagen share the best result of 3 wins.

    reasons to study master in economic analysis

    │MASTER IN ECONOMIC ANALYSIS IN NUMBERS

    • 75% of students are foreign born
    • ☛ About 95% of our graduates are accepted into a PhD program in Economics
    • ☛ About 85% of first year students get full financial aid
    • ☛ Our graduate Program in Economics is ranked 32nd world-wide, based on the placement of PhD students since 90
    • ☛ UC3M ranked 47th worldwide in the 2021 QS World University Rankings in the category Economics & Econometrics

     

    Link button to more information page of the master

     

  • CURRICULUM
  • FACULTY

    UC3M FACULTY

    • ALONSO, CÉSAR
      Department of Economics
      Associate Professor
      PhD in Economic Sciences, CEMFI and Universidad Complutense de Madrid
      Brief CV
    • CABRALES, ANTONIO
      Department of Economics
      Full Professor
      PhD in Economics, University of California, San Diego
      Brief CV
    • CARRASCO, RAQUEL
      Department of Economics
      Associate Professor
      PhD in Economics, CEMFI
      Brief CV
    • CARRO, JESÚS
      Department of Economics
      Associate Professor
      PhD in Economics, CEMFI
      Brief CV
    • DELGADO, MIGUEL ÁNGEL
      Department of Economics
      Full Professor
      PhD in Economics, London School of Economics
      Brief CV
    • DENTER, PHILIPP
      Department of Economics
      Associate Professor (Researcher Juan de la Cierva)
      PhD in Economics, Universidad de St. Gallen, Suiza
      CV Abreviado
    • DOLADO, JUAN JOSÉ
      Department of Economics
      Full Professor
      PhD in Economics, Universidad de Oxford
      Brief CV
    • EROSA, ANDRÉS
      Department of Economics
      Full Professor
      PhD in Economics, University of Minnesota
      Brief CV
    • ESCANCIANO, JUAN CARLOS
      Department of Economics
      Full Professor
      PhD in Economics, University Carlos III of Madrid
      Brief CV
    • GALLI, CARLO
      Department of Economics
      Professor Tenure Track
      PhD in Economics, University College London
      Brief CV
    • GINZBURG, BORIS
      Department of Economics
      Visiting Professor
      PhD in Economics, University College London
      Brief CV
    • GONZALO, JESÚS
      Department of Economics
      Full Professor
      PhD in Economics, University of California, San Diego
      Brief CV
    • JEREZ, MARÍA BELÉN
      Department of Economics
      Associate Professor
      PhD in Economics, UCLA
      Brief CV
    • LOEPER, ANTOINE
      Department of Economics
      Associate Professor (Researcher Ramón y Cajal)
      PhD in Economics, Toulouse School of Economics
      Brief CV
    • LOPES, MARTA C.
      Department of Economics
      Professor Tenure Track. UC3M Postdoctoral Researcher
      PhD in Economics, Universidade Nova de Lisboa
      Brief CV
    • NAME, ÁLVARO
      Department of Economics
      Associate Professor
      PhD in Economics, Duke University
      CV Abreviado
    • PAPPA, EVI
      Department of Economics
      Full Professor
      PhD in Economics, Pompeu Fabra University
      Brief CV
    • REES, DANIEL
      Department of Economics
      Full Professor
      PhD in Economics, Universidad de Cornell
      Brief CV
    • RINCÓN, JUAN PABLO
      Department of Economics
      Full Professor
      PhD in Economics, Universidad de Valladolid
      Brief CV
    • SANTAMARÍA, CLARA
      Department of Economics
      Professor Tenure Track
      PhD in Economics, Princeton University
    • SCHNEIDER, JOHANNES
      Department of Economics
      Assistant Professor
      PhD in Economics, University of Mannheim
      Brief CV
    • SEOANE, HERNÁN
      Department of Economics
      Associate Professor (Researcher Juan de la Cierva)
      PhD in Economics, Duke University
      Brief CV
    • VELASCO, CARLOS
      Department of Economics
      Associate Professor
      PhD in Economics, London School of Economics
      Brief CV
    • WELLSCHMIED, FELIX
      Department of Economics
      Visiting Professor
      PhD in Economics, University of Bonn
      Brief CV

     

    ☛ More information about our Faculty

  • ADMISSION
    • ADMISSION

      AccesS to admissions

      ✎ │ Application process

       

      Requirements

      Access requirements to the Master in Economic Analysis are:

      • Have a Bachelor’s degree or equivalent foreign degree (that empowers in the issuing country for access to master's degree) that ensures the acquisition of a solid training in quantitative methods, although not necessarily in Economics
      • Accredit solvency in the quantitative analysis. The most recognized evidence is the score on the GRE typed test. Applications below the 80th percentile in the quantitative section are not usually considered
      • Be supported by two professors or specialists in the field of recognized prestige
      • Accredit a minimum level of knowledge of the English language equivalent to a B2 level according to the Common European Framework of Reference for Languages (CEFR)

       

      Admission criteria

      An admission committee formed by members of the department of Economics and faculty of the master studies will assess the applications and make proposals to the Direction of the Master in Economic Analysis.

      ADMISSION CRITERIA
      1. The adaptation of the previous training to the objectives of the master's degree (university of origin and studies completed)*
      2. The applicant's academic record*
      3. The results achieved in the subjects with quantitative contents studied in their previous studies, and the result in GRE exams whose objective is to measure the capacity of quantitative analysis*
      4. The letters of recommendation presented
      5. The reasons given by the applicant to justify their interest in the program
      6. CV of the applicant

      * Criteria 1, 2 and 3 will have a minimum weight of 75%.

      Applications are evaluated in three rounds. Early applications are strongly encouraged as we cannot guarantee vacancies for last deadlines.

       

      Contacting

      • If you have any further questions, please contact us at: mae@uc3m.es
      • For problems with the online application, please contact the Postgraduate Student Office through this contact form

      📌 │ Follow for more updated information about the Graduate Program

      Documents

      Document name Notes/explanations
      Application form Personal information and academic data of the candidate
      Two reference letters Students have to ask their referees to send their reference letter, together with the reference form, to mae@uc3m.es
      Official Bachelor’s Degree Official Degree or receipt of payment for the issuance of the Degree.
      Documents not issued in Spanish must be accompanied by the corresponding official translation. Documents issued or officially translated in English are also accepted.
      Affidavit of previous studies and conditioned enrollment To be submitted only if you have not completed your Bachelor's Degree when applying for the Master’s program
      Official academic transcript of the Bachelor’s Degree Documents not issued in Spanish must be accompanied by the corresponding official translation. Documents issued or officially translated in English are also accepted
      Curriculum vitae A specific format is not required
      A brief statement of purpose Motivation letter is important in establishing your research agenda
      GRE General Test (optional) It is not compulsory, but highly recommended. You need to upload your results directly to the application for admission.Although no official cut-off is applied for the GRE scores, candidates must be above the 80th percentile in the quantitative section. For information about the tests, regional locations and costs, you can visit https://www.ets.org/gre
      Accreditation of level of English Minimum level B2, recommended C1. You need to upload your results directly to the application for admission.
      Students who have completed their Bachelor’s degree or a Master’s Degree in English or credit an Erasmus stay of at least 1 semester in which they have completed courses in English, do not need to send their scores, but submit the documentation that proves that circumstance (academic transcript, European Supplement to the Degree, etc.)
      Other documents of interest Additional documentation that you wish to provide, including Master's studies completed, can be submitted in the section called other documents of interest

      students with foreign university degrees

      Once admitted to the Master’s, students with university degrees issued by a higher education institution belonging to an educational system outside the EHEA, must provide, for enrolment, the diploma, legalized by diplomatic procedures or by means of The Hague Apostille. They must also submit the transcript of records, with the grade point average, duly legalized.

      More information about Legalization of Foreign Documents.

      If needed, documents must be accompanied by an official sworn translation into Spanish.

    • ENROLLMENT

      FEES *

      2022-2023 Academic year

       

      Reservation fee: €450 

      • it will be paid once the student receives notification of admission to the master’s, and deducted from the first tuition payment
      • the reservation fee will only be refunded if the master program is cancelled

      60 ECTS in the first academic year:

      • EU students: €2,701.2 (€45.02/ECTS credit)
      • Non EU students: €5,044.2 (€84.07/ECTS credit)

       

      ✎│Programme’s fees


      NOTE: The enrolment fees do not include the cost of issuing the master’s degree certificate.

       


      * Pending approval by the Community of Madrid for the academic year 22/23

      Additional information

      • You may enrol on the master’s degree after completing the admission process and receiving formal confirmation of your acceptance.
      • Information about Full-time enrollment.
      • The email address provided upon enrolment will be used for formal communications; students are therefore kindly requested to check their mail regularly.
      • Pursuant to the regulations of the Universidad Carlos III de Madrid, a student failing to pay any part of the fees will not be admitted and the process will be terminated. In cases of cancellation of enrolment due to non-payment, the University may demand the payment of the pending amounts for enrolment in previous academic courses as a prior condition of enrolment.
        No diploma or certificate will be issued if a student has any outstanding payments.

      ✎│Enrolment master’s programmes

      ✎│ECTS credits recognition

  • SCHOLARSHIPS

    UC3M FULL SCHOLARSHIPS TO THE MASTER'S STUDY FOR THE ACADEMIC YEAR 2022/2023

    CALL M02-2223 │ CLOSED

    The Carlos III University of Madrid announces 13 full scholarships to study the Master in Economic Analysis in the academic year 2022/2023, which gives access to doctoral programs of the UC3M.

    The University also includes 4 full scholarships for people with disabilities equal or greater than 33%, which will be assigned among the Master's Degree programs listed in Annex II of this call, which includes this Master's Degree program. In this case, it will be an essential requirement to prove such degree of disability.


    The full scholarship will include the corresponding academic fees, as well as an annual allowance of € 11,500.

    To apply for the scholarship it is necessary to have made the application for admission to the Master. Once the notification of admission is received, the student must pay the place reservation within the established deadlines (if the student is finally awarded, the amount of the reservation will be refunded).


    Application deadline: June 15, 2022
     

    [+] information

     

    CALL M01-2223 | RESOLVED

    The Carlos III University of Madrid announces 2 full scholarships to study the Master in Economic Analysis in the academic year 2022/2023, which gives access to doctoral programs of the UC3M.

    The University also includes 5 full scholarships for people with disabilities equal or greater than 33%, which will be assigned among the Master's Degree programs listed in Annex II of this call, which includes this Master's Degree program. In this case, it will be an essential requirement to prove such degree of disability.


    The full scholarship will include the corresponding academic fees, as well as an annual allowance of € 11,500.

    To apply for the scholarship it is necessary to have made the application for admission to the Master. Once the notification of admission is received, the student must pay the place reservation within the established deadlines (if the student is finally awarded, the amount of the reservation will be refunded).


    Application deadline: Marh 11, 2022

    Resolution: published on 23/04/2022


    [+] information

    SCHOLARSHIPS FROM THE MINISTRY OF EDUCATION 2022/2023 │ CLOSED

    General scholarships for official Master's Degree students for the 2022-2023 academic year.

    • Application deadline: March 30 to May 12, 2022 at 24.00h, peninsular time, both inclusive.
      Application deadline extended until May 16, 2022. 
    • The application must be completed using the form accessible online through the Sede electrónica or at www.educacionyfp.gob.es.

    [+] information

    ECB Scholarship for Women 2022/2023 │ CLOSED

    For the 2022-2023 academic year, the ECB is offering grants of €10,000 each to 15 female students who are enrolled, or are about to enrol, in a master’s course. The scholarships cover four fields of study: economics, statistics, engineering and computing.

    The call offers, among other benefits:

    • grants of €10,000 each
    • a one-week study visit to the ECB

    Application deadlineuntil June 1, 2022

    The application must be made online through the ECB website, attaching the documentation established in the call for applications.

     

    [+] information

    General information on scholarships

    For more information on specific scholarships of interest awarded by UC3M and by other agencies or organisations.

    🎓 │ Scholarships to study a University Master

    Job Market

    The Department of Economics supports PhD graduates in their job market search. Please, see the recent placement of our PhD graduates here.

  • PRACTICAL INFORMATION
  • FAQ

    1. Where can I get further information?

    For further information please check our information page about our graduate program and the current Student’s Guide . If you have any further questions you can contact us by our form, although we appreciate that you first check the information available in our webpages first.

     

    2. Who HAS to send the letters of presentation?

    Letters of presentation must be sent by the referees to mae@uc3m.es, using the electronic format that can be downloaded at tap “Admission”. Letters sent directly by candidates will NOT be accepted.

    Referees will get a confirmation email within approximately one week after receiving their letters of presentation. They can thus inform you of whether their letter of presentation arrived safetely.

    Unless otherwise specified, no other document will be sent by email. Applicants will upload their documents onto the Application Platform.

     

    3. Which documents do I have to translate and legalize?

    Legalized documents are only required after a formal offered has been made and a prerequisite to register. The particular requirements depend on the country where you got your Bachelor’s degree:

    If the student has a European Bacherlor’s degree, or belonging to the EHEA, there are two possible options:

    • Certified copy of your Bachelor’s degree and Transcripts together with a certified OFFICIAL translation of both documents into Spanish.
    • SET (suplemento europeo al título) or Diploma Supplement. Student may provide a copy of the Diploma and a copy of the Diiploma Supplement (both copies must be certified at the Registrar’s office here on campus, or at any Spanish Embassy). If the Diploma Supplement is provided, you do not need to legalize, nor translate them. THIS IS THE EASIEST OPTION FOR STUDENTS.

    Students from outside the European Union, have to provide:

    • All the documents must be legalized and translatied when admitted to the Master.
    • Certified copy of your Bachelor’s degree and Transcripts together with a certified OFFICIAL translation of both documents into Spanish. Letter from your previous University certifying that you would be eligible in that University for postgraduate studies.


    More information about Legalization of Documents  and official sworn translation into Spanish.

     

    4. Financial Aid / Funding

    In order to apply for Financial Aid you will just have to select the corresponding option within the Application form. No other document concerning financial aid will be requested during these first steps. If you are finally admitted, you will be contacted for further documents.

    5. Are GRE and TOEFL equivalent?

    Absolutely NOT. Although both exams are taken in English, TOEFL measures only language skills, whereas GRE also includes quantitative reasoning.

     

    6. Is GRE mandatory requirement to apply?

    GRE is not mandatory, but strongly recommended. As part of the evaluation process for the applications, GRE score provides additional information about quantitvative skills of the applicants.

     

    7. Who does not need to submit the TOEFL score?

    Students who have taken their Bachelor’s degree and/or their Master Program in English or anyone who can provide any other OFFICIAL evidence of their knowledge of English.

     

    8. When will I receive news of my admission?

    All the applicants will receive an informative email in 20 days after the last deadline (20th June). Successful applicants usually receive offers within 20 days after their corresponding deadline.

    Unsuccessful applicants in one round will be considered automatically for the next round.

     

    9. Why are there two application deadlines?

    We make admission offers in the 25 days after each of the corresponding deadlines. Students who do not receive an offer and whose application is not explicitly rejected are automatically considered in the next application deadline. Students are strongly encouraged to apply early as we do not commit to keep available places in later deadlines.

     

    10. Will I receive financial aid if accepted?

    We usually admit students with financial aid in the form of a tuition waiver and a monthly stipend of 900€ gross. Continuing financial aid is subject to satisfactory academic progress.