Master in Economics

In all countries, economists assume the top positions in society, are managers of the largest enterprises and banks, ministers and prime ministers, governors of central banks as well as managers of prestigious consultation companies and analytics departments. Economics is thus one of the elite programmes at the most prestigious universities, where only a few percent of the best students are accepted. It is the same in Slovenia. Economics is a demanding study, requiring an ambitious and motivated individual with good analytical abilities. An individual who will be able, as shown by many examples, to make decisions in a key position in the business sector and in state policymaking. Why? Because graduates of the Economics programme are capable of resolving economic and business problems that other people are generally unable to identify or classify as important.

If you are ambitious, unafraid of hard work and eager to make important social decisions in your life, then enrolling in the Economics programme will help you achieve your goals.

Duration of study 2 years (4 semesters)
Scope of ECTS 120 ECTS
Study status full-time
Degree Master of Science (M.Sc.) – second cycle graduate in Economics

Knowledge and skills acquired by taking this programme

You will acquire knowledge and skills needed for successful expert work in key positions in the business sector or in shaping the economic policy of the state. You will learn how to use complex analytical tools that will enable you to comprehensively analyse a problem in a given environment, since by using economic models (theory), extensive knowledge of empirical findings and a plethora of analytical and programme tools you will be able to correctly analyse data and, based on it, make projections, different scenarios and strategies, assess risks and adopt appropriate decisions. These are the knowledge and skills individuals require to be able to take up top positions in the business sector and in state policymaking.

After graduating from Economics you will be capable of not only answering the following questions but also finding the optimal solutions. How should a firm behave to strengthen its competitive advantages? What in fact are ‘competitive advantages’? How to set the right price for your products and services in the competitive race? How to optimise operations and increase value added with the available resources? When to take over a competitor and which synergic effects can be expected from this? Which are the consequences of foreign-exchange risk and how serious are they? How to envisage business cycles and how to respond to them most effectively? Why is an improvement in the business climate in Germany and an increase in the German trade surplus a good sign for Slovenian enterprises? Should you be worried about the state of the balance of payments? What consequences can additional borrowing of the state bring to your firm? Why is the ageing of the population a big problem and at the same time an even bigger opportunity? Why is a certain degree of income inequality good and why can it become economically inefficient and socially problematic after exceeding a certain threshold? Why is high youth unemployment such a big problem?

Along with analytical skills, the study of Economics will also provide you with many soft skills, from teamwork and effective presentation to the ability of critical judgement, strategic thinking etc.

Another advantage of the Economics programme is that only a limited number of students can enrol. This facilitates more individual work with students and makes it more demanding. At the same time, a graduate from this programme has fewer competitors in the labour market and holds a degree in a programme known for its exactingness. All of the above sends an important signal to a potential employer: this graduate is ambitious and is not afraid of challenges.

Organisations/institutions/companies with employment prospects

As a graduate, you will acquire the highest level of professional competencies in the field of economic sciences.

You will be trained for the expert and professional management of enterprises and their departments, consultation work in the most responsible positions as well as for taking over and resolving complex problems at all levels. You will also be trained to work in the public sector where you will be capable of assuming responsible tasks as the head of a department or directorate, the head of an analytics department, a representative of Slovenia in the European Commission and other international organisations, or taking on high-level tasks as a minister, prime minister or central bank governor.

Double Degree

Students enrolled in Master programme, specialization Economics, have a possibility (first year, first semester) to opt for a Double Degree programme and spend a part of their studies at partner institution based on a valid agreement/tender. Number of places is limited.

SEB LU is currently offering double degree (for specialization Economics) with the following partner institution(s):

Normally Double degree programme includes spending one year at SEB LU and one year at partner institution. After successful completion of all programme requirements student receives a master degree from SEB LU as well as a degree from partner institution.

More information about Double Degree programmes

Professions

  • Manager/member of management board in charge of sales, finance or strategic development
  • Consultant/head of strategic development
  • Analyst/head of analytics department
  • Researcher in academic and international institutions
  • Senior civil servant
  • Expert officer in the public administration
  • Expert officer in sales and business administration

Curriculum – first-year enrolment untill academic year 2023/24

1st year

Semester Course Type ECTS
1. (winter) Microeconomics 3 9 7
1. (winter) Advanced Macroeconomics 9 7
1. (winter) Optimization methods in economics 10 7
1. (winter) Political Economy 10 7
2. (spring) Econometrics 2 9 7
2. (spring) Topics (Issues) in International Trade and Globalisation 10 7
2. (spring) Industrial Organisation, Competition Policy and Regulation 10 7
2. (spring) ELECTIVE COURSE 13 7
2. (spring) Skills Development 1 / 4

2nd year

Semester Course Type ECTS
3. (winter) Economic Growth and Development 10 7
3. (winter)
E1
* Comparative Analysis of Economic and Business Systems 11 7
* Labour Economics 2 11 7
* Behavioral Economics and Game Theory 11 7
* Big Data Analytics 11 7
3. (winter)
E2
** Applied International Trade 11 7
** International Finance 2 11 7
3. (winter) MASTER’S THESIS PROPOSAL / 7
4. (spring) ELECTIVE COURSE 13 7
4. (spring) Skills Development 2 / 4
4. (spring) MASTER'S THESIS / 21
Student selects two courses type 11 from modul E1 or courses from module E2.

Curriculum – first-year enrolment from academic year 2024/25 – NEW

1st year

Semester Course Type ECTS
1. (winter) Microeconomics 3 9 7
1. (winter) Advanced Macroeconomics 9 7
1. (winter) Optimization methods in economics 10 7
1. (winter) Data Mining 10 7
2. (spring) Modern Political Economy 10 7
2. (spring) Econometrics 2 9 7
2. (spring) Data-Driven Trade Analysis 10 7
2. (spring) Strategic Firm Behaviour, Competition Policy and Regulations 10 7
2. (spring) Skills Development 1 / 4

2nd year

Semester Course Type ECTS
3. (winter) Economics of Knowledge, Technology and Growth 10 7
3. (winter) Applied Economics with Machine Learning 10 7
3. (winter) * Comparative Data Analysis of Economic and Business Systems 11 7
* Labour Economics 2 11 7
* Behaviour Economics and Strategic Conduct 11 7
3. (winter) MASTER’S THESIS PROPOSAL / 7
4. (spring) **ELECTIVE COURSE 13 7
4. (spring) Skills Development 2 / 4
4. (spring) MASTER'S THESIS / 21
* Student selects course type 11 from courses Comparative Data Analysis of Economic and Business Systems, Labour Economics 2, Behaviour Economics and Strategic Conduct and Managerial Economics. In case of low enrolment in the programme, University of Ljubljana School of Economics and Business (SEB LU) determines the course that will be implemented.

** Students may choose any elective course within the SEB LU or any other higher education institution which is properly accredited and has at least 7 ECTS and it is a course within second cycle programme. For the programme Economics With Data Science, students are offered the following courses as a priority: Artificial Intelligence with Deep Learning, Business Simulations and Modelling and Business intelligence and analytics.

OFFICE HOURS OF THE STUDENT AFFAIRS OFFICE

  • Monday and Thursday: 10 a.m. to noon
  • Tuesday: 3 p.m. to 5 p.m.
    From July 1 to September 30, 2022, we will not have afternoon office hours on Tuesdays.
  • However, communication with students can still take place by e-mail through the colleagues of the Student Affairs Office.

Info call centre

  • Monday-Friday:
    from 9:00am to 10:00am
  • and 1:00pm to 2:00pm

Contact

Programme coordinator:

Double degree programme administrative coordinator

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