The Master's program in Applied Economics integrates economic theory with practical applications to analyze real-world economic problems. Students will learn quantitative methods for empirical analysis and engage in policy debates surrounding economic issues. The program is designed to prepare students for careers in public policy, research institutions, and private sector economic analysis.
The Applied Economics program covers advanced topics such as econometrics, macroeconomics, and microeconomics. Students can specialize in areas including banking and financial markets, behavioral economics, and policy evaluation.
This master's program is structured over four semesters, requiring a total of 120 ECTS credits. It includes core modules in the first semester, followed by elective courses and a master's thesis seminar in the later semesters.
Graduates develop competencies in economic analysis and are equipped to apply econometric methods to real-world policy and business challenges. They gain skills to critically evaluate economic predictions and engage with practical economic issues.
No tuition
EU/EEA students, within the standard study period (plus the ~€25 ÖH student union fee per semester).
€727 / semester
Non-EU / third-country rate. Always confirm on the official site.
€ 25,20 ÖH-Beitrag plus gegebenenfalls anfallende Studiengebühren im Umfang von € 363,36 bzw. € 726,72
Third-country (non-EU/EEA) applicants generally need to have their prior qualifications legalised and translated for the admission application. Exact rules depend on the country that issued each document — always confirm with the university's admissions office.
Program-specific items — a CV, letter of motivation, an entrance exam (e.g. GMAT, GRE, SAT) or a portfolio — vary by degree. Check this program's requirements above and its official page.
The level of legalisation your certificates need depends on your country of origin:
Apostille
If your country is part of the Hague Apostille Convention, an Apostille from the competent authority of the issuing country is sufficient.
No legalisation
A small number of countries have a bilateral agreement with Austria and need no further legalisation.
Full diplomatic legalisation
For all other countries: the full chain — pre-certification by the issuing country's authorities (e.g. Ministry of Education and Ministry of Foreign Affairs), then legalisation by the competent Austrian representation (embassy/consulate).
Translations are usually done after legalisation. Check the required order with the issuing authorities and the Austrian representation.
After admission: proof of sufficient funds, health insurance and the student residence permit are part of the visa process — not university admission. We cover those in the guides.
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