MSc Economics at University of Cologne: Study in Germany for Free
Apply for the free-tuition to study MSc program in Economics at University of Cologne, Germany. The Master of Science program at University of Cologne is tuition-free for the defined length, and the program is taught in English.
University of Cologne does not charge any tuition fees. Each semester, all enrolled students of the University of Cologne have to pay a social contribution fee.
There are no tuition fees when studying abroad, but costs for rent, living expenses and learning materials must be paid by the student.
About University of Cologne
The University of Cologne is one of the oldest and largest universities in Europe. Due to its outstanding scientific achievements and the high quality and diversity of its degree programs, it enjoys an excellent international reputation.
The UoC’s mission is to create, preserve and impart knowledge, to offer its students and early-career academics outstanding academic education, to qualify them for both academic and professional careers, to promote cutting-edge research and to drive innovation while focusing on the constantly changing needs and challenges of today’s society.
The MSc Economics at University of Cologne: Study in Germany for Free
The Master of Science program at University of Cologne, Germany is tuition-free. That means the university does not charge any tuition fees. International students are welcome to apply to the program.
The program duration is 4 Semester (2 years), and the language is 100% in English. MSc Economics at University of Cologne focuses on methods and concepts for the analysis of economic and social problems, such as the design of markets and their regulation, individual behavior, public policy, and taxation.
The Master in Economics at the University of Cologne offers a research-oriented study programme with courses from a wide range of economic areas. As a student, you are largely free to choose the subjects you intend to concentrate on, and you can opt to focus on different areas within and between fields. The main topics are:
- Market Design and Behavior,
- Markets and Economic Policy,
- Empirical Methods and Data Analysis,
- Energy and Climate Change.
The empirical and analytical focus of the program enables you to analyze economic phenomena using state-of-the-art research methods and to carry out research projects. Upon graduating from the programme, you will be prepared to enter a professional career in many private and public institutions in need of economic expertise. You may also opt for the continuation of your studies through a PhD programme in economic research.
This programme provides you with:
- state of the art tools for the quantitative and qualitative analysis of economic problems in specific markets, national economies, and the global economy, such as monetary policy, climate change, or development.
- a wide range of possibilities for specialization and maximum flexibility in your choice of courses.
- ample opportunities to complement your expertise in economics by choosing from additional courses in management, political science and sociology.
Admission Requirements for the MSc Economics Program at University of Cologne
This MSc Economics program is right for you if you:
- are interested in understanding social interaction from an economic perspective as well as communicating and engaging in intellectual discourse.
- have analytical skills in mathematics, statistics, and other empirical methods.
- want to contribute to the solution of the pressing global and national problems facing societies.
- have a good command of English.
Costs and Financing at the University of Cologne
Here is a breakdown of the costs and finances for the political science program at University of Cologne
Does the University of Cologne charge tuition fees?
The University of Cologne does not charge any tuition fees. This means the Political science program is 100% free, no charges.
According to the 21st Social Survey of the “Deutsches Studentenwerk” (2017) the cost of living for a student in Cologne are at least €832.00 per month.
International students from non-EU/EEA countries can work up to 120 full days (4-8 hours per day) or 240 half days (1-4 hours per day) per year. This regulation also applies for paid and unpaid internships! A job as a student assistant at a university is permitted, so a student assistant is allowed to work more. If you have a job which exceeds the regulation of 120/240 days (e.g. full-time internship of at least six months) you have to apply for a permit at the Foreigners Registration Office.
There are additional scholarships and grants for International students to offset the living costs. See more details here.
Required Application Documents for the MSc Economics Program at University of Cologne
- A Bachelor’s degree certificate
- Transcript of academic records showing list of all taken modules and courses, including grades and credits
- School leaving certificate: A-levels, High School diploma, etc.
- Official description of the content of all taken bachelor courses: Course catalogue or PDF-file with link to course description at the website of the bachelor’s university.
- Proof of English language proficiency Read more on language requirement
- Letter of Motivation/Statement of purpose/Intent: Read more …
- Preliminary review of documentation: Request a preliminary review documentation (VPD) from uni-assist. You can have your documents checked by uni-assist all year round, the VPD is not tied to an application semester.
How to Apply for the MSc Economics Program at University of Cologne: Study in Germany For Free
- Create an online account with Uni-assist e.V. Uni-assist evaluates master applications for the University of Cologne from applicants who have obtained a foreign university degree.
- Submit all required documents via Uni-assist for a preliminary verification of documents after paying the application fees.
- Request a preliminary review documentation (VPD) from uni-assist. Processing time 4 6 weeks. Please apply for the VPD as early as possible before the application deadline at the University of Cologne.
- Apply via the application portal of the University of Cologne. Note: The application via the online portal at uni-assist is not yet an application to the UoC. The application takes place via the application portal of the UoC Klips 2.0.
- Once the application is submitted via the UoC application portal, you will now await a review and decision about your application
- Submit application before the deadline: From April until 15 June, you can apply online via the campus management system KLIPS.
MSc Economics at University of Cologne: Study in Germany for Free
HOW TO APPLY FOR MASTER’S & PhD SCHOLARSHIPS: Study in Germany For Free
- How to Apply: To be eligible for this funding package, a candidate must apply and be admitted into the graduate program. See: How to Apply for Scholarships in Canada for useful tips on how to apply.
- Supporting Documents: Prospective applicants must prepare their documents such as academic transcripts and diplomas, academic references, resume and statement of intent. Check the Required documents for graduate school applications
- Admission Requirements: Eligible applicants must meet the minimum admission requirements. Note that admission into the program is competitive, and meeting the minimum requirements is no guarantee of being admitted into the program. See our Guide on Applying to Schools Abroad with Scholarships.
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