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Lectured in English (Evening Classes)
This Master programme is recommended for students with a good technical background who wish to obtain a rigorous, in-depth education in economic theory and policy at the graduate level, to prepare a successful career as professional economists working for central banks, the banking industry, government institutions, and international organisations or as economic advisors and financial consultants. It also provides rigorous preparation for students who wish to advance to a Ph.D. programme.
Double Degree
Southwestern University of Finance and Economics in China (EQUIS accredited)
There are no additional tuition costs. For more information on Double Degree programmes, click here.
The degree consists of one year of full-time coursework, plus one year for research and writing a dissertation. Both semesters in the first year provide solid foundations in the core subjects (microeconomics, macroeconomics, and econometrics) and equip you with the tools of economic analysis while allowing you to choose three additional electives. With a proper combination of electives, students may add a supplement to their diploma in the thematic area of Computing and Modelling for Economics and Business. In the final two semesters, you will develop your dissertation under the supervision of a faculty member and will benefit from additional guidance in two seminars on economic research. The full programme provides 120 ECTS credits.
A rigorous preparation in Economics at the graduate level, in an accredited school such as Iscte Business School, opens up many career opportunities in areas within economics proper but also in finance and management. To be able to achieve this while living in the beautiful and welcoming city of Lisbon is one more reason to choose our programme.
Why Choose the MSc in Economics at Iscte Business School?
Challenges and Skills:
- Understand complex current and future economic issues
- Build skills for contributing to economic debates and policy choices
Advanced Techniques:
- Learn advanced modeling techniques
- Use computational software (e.g., R and STATA) integrated into regular classes
Dedicated Faculty:
- Research-oriented lecturers
- Support and guidance for students
- Opportunities to engage in current research projects
Interactive Learning Environment:
- Small and diverse student group
- Close interaction among students and with lecturers
International Exposure:
- Double-degree agreement
Comprehensive Resources:
- Access to extensive databases for coursework and dissertation research
Career Opportunities:
- Professional placements for graduates are excellent
- Access to job opportunities in economics, finance, and management
Location Advantage:
- Study in the beautiful and welcoming city of Lisbon
2025/2026
Check here the detailed study plan
| Unidades curriculares | Semestre | ECTS |
|---|---|---|
| Crescimento Económico * | 1 | 6.0 |
| História do Pensamento Económico * | 1 | 6.0 |
| Macroeconomia * | 2 | 6.0 |
| Microeconomia * | 1 | 6.0 |
| Métodos Econométricos I * | 1 | 6.0 |
| Métodos Econométricos II * | 2 | 6.0 |
| Teoria dos Jogos e dos Contratos * | 1 | 6.0 |
Optativas recomendadas
Reference of one of the following thematic areas in the diploma supplement is provided to those who wish to focus on that specific area and complete the pair of corresponding electives:
Thematic Area of Banking, and Financial and Monetary Markets:
01928 | Monetary Theory and Policy
03322 | Economics of Banking and Financial Markets
Thematic Area of Computing and Modelling for Economics & Business
| Unidades curriculares | Semestre | ECTS |
|---|---|---|
| Dissertação em Economia * | 1 | 48.0 |
| Seminário de Investigação em Economia I * | 1 | 6.0 |
| Seminário de Investigação em Economia II * | 2 | 6.0 |
Optativas recomendadas
Reference of one of the following thematic areas in the diploma supplement is provided to those who wish to focus on that specific area and complete the pair of corresponding electives:
Thematic Area of Banking, and Financial and Monetary Markets:
01928 | Monetary Theory and Policy
03322 | Economics of Banking and Financial Markets
Thematic Area of Computing and Modelling for Economics & Business
MSc in Economics aims to prepare students for advanced professional work, in national or international institutions. Therefore the general objectives of the programme are:
To provide students with a deeper knowledge of theoretical and empirical constructs in the main fields within Economics at an international level
To promote the development of modelling ability in economic theory and the use of advanced methods and techniques
To stimulate analytical and critical thought on the different approaches to economic issues
To stimulate the development of capabilities in autonomous and original work, promoting excellence in thought and action
To develop the students’ ability to summarise and communicate their work
To gain a level of economic knowledge enabling students to achieve high-quality performance suitable for various hierarchical levels and professional occupations
By the end of the program, the students in the Master in Economics will have gained the following competencies and reached the following learning objectives:
1) Competence in producing written communication in business environments with impact and effectiveness, namely:
1.1) Produce a well-structured written document
1.2) Clearly identify and communicate the relevant key messages within a written document
1.3) Clearly express the link between theoretical arguments and specific practical issues within a written document
1.4) Effectively summarize ideas and conclusions within a written document
2) Competence in delivering oral communication in a business environment with impact and effectiveness, namely:
2.1) Select the appropriate format for a given presentation
2.2) Demonstrate confidence that the communication was well-prepared
2.3) Develop and make presentations with impact
3) Competence in ethical behavior, responsibility, and sustainability, namely:
3.1) Identify and discuss the myriad challenges surrounding corporate responsibility and/or sustainability
3.2) Recognize and critically reflect on ethical dilemmas
4) Competence in Thinking critically about topics, namely:
4.1) Select and interpret relevant data and references from academic and non-academic sources
4.2) Analyse issues effectively, leading to the formulation of well-supported conclusions or solutions
5) Competence in teamwork and interpersonal dealing, namely:
5.1) Organize and allocate tasks among group members to meet goals in an efficient and effective manner
5.2) Show a willingness to listen to others and exhibit curiosity about what people are saying and experiencing
5.3) Schedule tasks to meet milestones deadlines
6) Competence in Economics, namely:
6.1) Analyse economic decisions and problems
6.2) Provide insights or recommendations about economic phenomena
6.3) Applies computing skills to analyze economic problems
6.4) Critically reviews published economic research.
2025/2026
EMPLOYABILITY
The MSc in Economics has an employment rate of 100% up to 12 months after completion of Programme. The sectors most represented in the recruitment of masters graduates are Audit & Consulting, Banking, Large Distribution & Retail and Telecommunications
98% Iscte Business School Employability Rate
98% of Iscte Business School 2nd cycle graduates are in professions adjusted / appropriate to the level of qualifications
Employers are overall very satisfied with Iscte graduates: 2nd cycle - 4.6 (scale 1 to 5)
A Bachelors degree awarded by a university or institution of higher education in an area that shows suitable preparation for the MSc in Economics
Proficiency in the English language
Note: The results of an applicant's GMAT or GRE exam, although not obligatory, may enhance their chances of being admitted
SELECTION AND RANKING CRITERIA
Check the selection and ranking criteria HERE
The application is exclusively online.
It is mandatory to attach the following documents:
- Photo (passport-style in jpg, jpeg or png format)
- Identification document (national identity card for national applicants and passport for international applicants
- Undergraduate's degree diploma with final GPA*
- Curriculum vitae
- Master's goal statement (max. 2500 characters, to be submitted in the applications' system directly);
*Candidates who have not finished the undergraduate’s degree must attach:
- A commitment statement (download available in the application form);
- A transcript of records with the list of completed courses and respective grades (an image from your student portal is accepted).
SELECTION PROCESS
IMPORTANT - Selections are made on a rolling basis from the moment the application period opens. We therefore encourage early applications.
The selection process involves four separate stages which are outlined below:
1. Initial Assessment
After completing the online application and paying the non-refundable fee, the application will be assessed by the members of the Application Review Committee.
2. Interview
During the Initial Assessment period, the candidate may be called for an interview with the Master's Director or another member of the Application Review Committee.
3. Decision
All applicants will be notified of the decision. The results will be sent by email and will be available on the application portal.
4. Enrolment
In the event of admission, candidates will be informed of the enrolment process. They will be given a deadline to enroll (thus confirming their place on the Master's programme). Please note that admitted candidates will have to pay the first instalment of tuition fees by the deadline after enrolment.
