Master of Science with a major in Economics, specialisation in Applied Economics and Data Analysis

Jonkoping

 

INTAKE: August

Program Overview

The Master of Science with a major in Economics, specialization in Applied Economics and Data Analysis at Jönköping University, Sweden, is designed for students who aspire to develop advanced analytical and quantitative skills to address complex economic problems. This program combines theoretical knowledge of economics with hands-on training in data analysis, preparing graduates for data-driven decision-making roles in diverse sectors. The curriculum is tailored to equip students with the ability to interpret economic data, model economic behavior, and provide actionable insights for policymakers, businesses, and global organizations.

Curriculum: The program’s curriculum emphasizes both economics and data analytics. Core courses include Microeconomics, Macroeconomics, and Econometrics, alongside specialized modules in Data Science for Economics, Big Data Analytics, and Machine Learning Applications in Economics. Students gain hands-on experience with tools such as Python, R, and Stata, frequently used in economic research and data analysis. A strong focus is placed on applying theoretical knowledge to solve real-world economic challenges. The program culminates in a master’s thesis, allowing students to conduct independent research on a topic of their choice, showcasing their expertise in applied economics and data analysis.

Research Focus: Jönköping University emphasizes cutting-edge research in applied economics and data analysis. Students engage with contemporary issues such as economic development, market behavior, sustainability economics, and policy evaluation. The program encourages participation in faculty-led research initiatives, ensuring that students are exposed to the latest trends and methodologies. This focus on research helps students develop a deeper understanding of how to use data analytics to address economic problems in a practical context.

Industry Engagement: The program offers extensive engagement with industry, fostering connections with key players in economics, finance, and data analysis. Students benefit from guest lectures by industry experts, internships, and collaborations with leading organizations. Jönköping University’s strong ties with the business community provide students with opportunities to work on real-world projects, gaining invaluable practical experience. Workshops and career fairs further enhance industry interaction, preparing students for successful transitions into professional roles.

Global Perspective: The program integrates a global perspective, training students to address economic challenges across diverse international settings. Case studies and coursework draw on global data sets, enabling students to analyze and interpret economic trends worldwide. The university’s diverse student body and faculty contribute to a rich multicultural learning environment, fostering cross-cultural collaboration. Graduates are well-equipped to work in global organizations, where they can apply their skills to tackle economic issues on an international scale.

Pollster Education

Location

Jonkoping

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

SEK 138000

Postgraduate Entry Requirements

Application Fee: SEK 900

Academic Qualifications: Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 55% or equivalent.

English language proficiency:

  • IELTS: A minimum overall score of 6.5 or 7.0 with no individual component below 6.0.
  • TOEFL: A minimum overall score of 90.
  • PTE Academic: A minimum overall score of 62.

Jonkoping University provides a range of scholarships for non-EU/EEA students applying to undergraduate and graduate programs. These scholarships are highly competitive and are awarded based on academic excellence. The scholarships typically cover a portion of the tuition fees and are offered to students who demonstrate strong academic performance in their previous studies.

Jonkoping University Scholarship for Master's Students: Jonkoping University offers scholarships to international students applying for master’s programs. These scholarships are designed to cover up to 50% of the tuition fee. To be eligible, applicants must have been admitted to a master’s program at Jonkoping University and show evidence of high academic performance.

Swedish Institute Scholarships: In addition to university-specific scholarships, international students may apply for scholarships funded by the Swedish Institute, a government agency that promotes Swedish higher education. These scholarships are available to students from selected countries and cover living expenses, as well as tuition fees. Students at Jonkoping University can also benefit from these opportunities, which are open to those who meet specific eligibility criteria.

Graduates of the Master of Science with a major in Economics, specialization in Applied Economics and Data Analysis from Jönköping University are well-prepared to pursue a wide range of career opportunities in the economics, data analysis, and finance sectors. With a robust foundation in economic theory and advanced data analysis techniques, graduates are in high demand by both private and public organizations. 

Economist: An economist uses their expertise to analyze economic trends, interpret data, and offer insights to guide policy and decision-making in both the public and private sectors.

Data Analyst: These professionals analyze complex data sets to identify trends, forecast outcomes, and support strategic decisions in a variety of industries such as banking, healthcare, and government.

Financial Analyst: Financial analysts evaluate investment opportunities, assess financial data, and provide recommendations to clients and companies regarding asset management and investment strategies.

Policy Analyst: Graduates can work for government agencies or think tanks, analyzing data to influence public policies, especially in areas like economic development, environmental sustainability, and social programs.

Market Research Analyst: These professionals use data analytics to understand consumer behavior, assess market trends, and help companies improve their products and services.

Consultant: As an economic consultant, graduates may work with businesses or governments to analyze data, model economic scenarios, and offer recommendations to optimize operational efficiency or address economic issues.

Data Scientist: With strong programming and statistical analysis skills, graduates can work as data scientists, applying machine learning algorithms and advanced analytics to uncover patterns in large data sets for economic and business decisions.


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