Programs

Master's in Economics

The Program

Master’s in Economics

If you asked us to define our Master’s in Economics in three words, we would use: unique, hands-on and applicable. 

We make sure that we provide state-of-the-art theoretical and empirical techniques, but we also focus on the development and acquisition of the tools required for applied policy analysis. This means econometric and numerical software or modern econometric techniques for the evaluation of policy interventions, to name a few. 

Below you can find more information regarding the basic structure of the program, but remember — you can tailor-make the curriculum according to your interests. Please have a look at the electives (specialize in a specific field), areas of expertise (focus a part of your studies on a particular area of interest) and professional development modules (let’s talk about responsible leadership and creative thinking) sections as well, to make sure that you make this Master's your own. 

Week 1

  • Discovery Week


1st Semester (30 ECTS)

  • STATA Module + Mandatory Courses
  • Electives (one full or two half courses)
  • Professional Development Modules
  • Study Trips
  • Career Development Program
  • Mastering Your Career
  • Nova Economics Club, Regular and Brownbag Seminars, Networking Events, Business Forum, Conferences


2nd Semester (30 ECTS)

  • STATA Module + Mandatory Courses
  • Electives (one full or two half courses)
  • Professional Development Modules
  • Study Trips
  • Career Development Program
  • Mentoring Program
  • Nova Economics Club, Regular and Brownbag Seminars, Networking Events, Business Forum, Conferences


3rd Semester (30 ECTS)

  • Work Project
  • Career Development Program
  • Nova Economics Club, Regular and Brownbag Seminars, Networking Events, Business Forum, Conferences

* Please note that for the academic year of 2020/2021 this information may be subject to changes.

  • Microeconomic Analysis
  • Macroeconomic Analysis
  • Econometrics
  • Microeconometrics or Macroeconometrics
  • STATA Module

* Please note that for the academic year of 2020/2021 this information may be subject to changes.

Data and business analytics

The Business and Data Analytics area of expertise is designed for students who understand business problems and want to use technology to solve them. A strong background in mathematics and applied statistics is required, so that students will be able to analyse large data sets and translate them to support data grounded strategic decisions. This area of expertise is common to the Masters programmes in Management, Economics and Finance.

  • Data Curation 
  • Data Visualization
  • Introduction to Programming
  • Machine Learning   
  • Computational thinking and Data Science (includes Applied Statistics) 
  • Continuous, Adaptive, Data-driven systems 
  • Models and Decision-Making
  • Numerical Methods and MatLab
     
International development and trade

Successful graduates will be well-equipped to work in international organizations, governmental and private institutions, and NGOs, with the objective of designing, evaluating and implementing policies related to international development, trade and migration policies.

  • Development Economics
  • Policy Evaluation
  • Public Finance
  • Behavioral Economics and Finance
  • History of Economic Analysis
  • Economics of Education
  • Labor Economics
  • International Migration
  • Global Energy Markets
  • Advanced Behavioral Economics and Finance
  • Economics of Poverty
Macroeconomics and financial markets

Successful graduates will be able to take up roles as policy analysts in central banks and other governmental national or supra-national institutions, private financial institutions and large multinational companies.

  • Investments
  • Macroeconomic Theory
  • Macroeconomics of Financial Markets
  • Numerical Methods and MatLab
  • Asset Management
  • Behavioral Economics and Finance
  • Derivatives
  • Fixed Income
  • History of Economic Analysis
  • Risk Management
  • Empirical Macroeconomics
  • European Economy
  • Financial Crises in History
  • Fiscal Policy and Stabilization
  • Hedge Funds
  • Political Economy
  • Advanced Behavioral Economics and Finance
  • Asset Management
  • Fixed Income
  • International Trade
     
Public policy

Successful graduates will be able to take up roles as policy analysts in governmental national or supra-national institutions, consulting firms with departments dedicated to the public sector and public policies, medium and large companies working in sectors where government action is pervasive, and national and supra-national lobbying groups.

  • Public Finance
  • European Economy
  • Policy Evaluation
  • Economics of Health and Health Care
  • Economics of Education
  • The Economics of Agriculture and the Environment
  • Behavioral Economics and Finance
  • History of Economic Analysis
  • Labor Economics
  • Political Economy
  • Fiscal Policy and Stabilization
  • Economics of Poverty
  • Competition Policy
  • Development Economics
  • International Migration
  • Economics Regulation
  • Game Theory
  • Global Energy Markets
Banking, financial regulation, and supervision

Successful graduates will be able to take up jobs in financial institutions, and in central banks and other governmental or supra- national institutions with a concern for the supervision of the financial sector.

  • Banking
  • Investments
  • Numerical Methods and MatLab
  • Fixed Income
  • Risk Management
  • Credit Risk
  • Financial Crises in History
  • Financial Intermediation
  • Fixed Income
  • Risk Management

     

*Please take note of the following:
— Students can qualify for only one area of expertise, however it isn’t mandatory for students to choose one. 
— Areas of Expertise and respective courses might be subject to change from one academic year to the next. 
— Some courses might not be offered every academic year. 
— Students may attend elective courses from other masters’ programs, which are subject to availability.
— Please note that for the academic year of 2020/2021 this information may be subject to changes.

  • Advanced Behavioral Economics 
  • Asset Management
  • Bank Regulation
  • Behavioral Economics and Finance
  • Competition Policy
  • Computational thinking and Data Science (includes Applied Statistics) 
  • Continuous, Adaptive, Data-driven systems 
  • Credit Risk
  • Data Curation 
  • Data Visualization
  • Derivatives
  • Development Economics
  • Economics of Education
  • Economics of Health and Health Care
  • Economics of Poverty
  • Empirical Macroeconomics
  • Environmental Policy
  • European Economy
  • Financial Crises in History
  • Financial Distress, Bankruptcy and Restructuring 
  • Financial Intermediation
  • Finanicial Management
  • Financial Statement Analysis
  • Fiscal Policy and Stabilization
  • Fixed Income
  • Game Theory
  • Global Energy Markets
  • Hedge Funds
  • History of Economic Analysis
  • International Migration
  • International Trade
  • Introduction to Programming
  • Investments
  • Labor Economics
  • Machine Learning   
  • Macroeconomic Theory
  • Macroeconometrics
  • Microeconometrics
  • Macroeconomics of Financial Markets
  • Models and Decision-Making 
  • Negotiation
  • Nova Economics Special Project
  • Numerical Methods and MatLab
  • Policy Evaluation
  • Political Economy
  • Public Finance
  • Risk Management
  • Seminar on Current Economic and Financial Issues
  • Sustainable International Business
  • The Economics of Agriculture and the Environment

* Please note that for the academic year of 2020/2021 this information may be subject to changes.

  • Quantitative skills

Learning to analyze data.
 

  • Ethics

Thinking about ethical challenges.
 

  • Corporate links/internationalization

Building knowledge about the business environment and international careers.
 

  • Communication and creativity

Thinking outside the box and improving communications skills.

* Please note that for the academic year of 2020/2021 this information may be subject to changes.

What’s at the finish line?

The Work Project

Students must complete a Master’s Work Project, which is equivalent to a Master’s Thesis. You can choose one of the following to finish your studies with flying colors.

Directed Research
An original piece of work on a topic proposed and supervised by a professor. This may also take the form of a case study.

Field Lab
A group project developed in collaboration with a public or private institution and under supervision by a professor.

Internship
An internship where students develop a project in a problem-solving format for a company, in response to a predefined question/problem raised by the host organization and under the supervision of a Nova SBE Professor. Students may apply for internships offered by Nova SBE or obtain one directly from a company through their own contacts.

ECTS this, ECTS that

How does the grading system work?

Grading is based upon the European Credit Transfer System (ECTS), a grading scale developed to facilitate the understanding and comparison of grades, according to different national systems. 

We did the math for you, and the awarding of ECTS grades per curriculum component breaks down as follows:

30 ECTS
in Mandatory Courses including the Mastering Your Career Activities
(Bridging courses not included)

28 ECTS
in Elective Courses (minimum)

2 ECTS
in Professional Development Modules

0 ECTS
MS Excel Certification

30 ECTS
in the Work Project

You need a minimum of 90 ECTS to complete your Master’s, but if you need 120 ECTS to proceed with your studies, you can extend your Master’s by one semester with courses (28 ECTS) and modules (2 ECTS).