Overview
With the arrival of the data revolution, more and more firms and policy institutions employ economic analysts to foster fact-based decision-making. The goal of this two-year program is to provide students with the understanding of economic processes and the ability to carry on empirical economic analysis. This is achieved by learning up-to-date economic theory, data analysis, and their application to real-world analysis.
If you have an interest in data analysis and economic theory, this program may match your interests. You can apply for full coverage of the tuition and scholarship at Stipendium Hungaricum. See the details below.
Goals of the program:
Understand economic processes with state-of-the-art theories
Learn how to use data to answer relevant economic questions and analyze policies
Improve soft skills (writing, presentation, teamwork)
Use the gained skills to do economic analysis of public and corporate policy
In the first two quarters, students study core courses. In Q3 and Q4 students get familar with the core topics of their specialization. During the second year, students can choose from a wide array of elective courses, have to do a project in small groups, and write their Masters’ Thesis.
Specializations
The Macroeconomic Analyst Specialization provides up-to-date macroeconomic and macrofinancial knowledge, combined with policy analysis. Students learn standard methods of data analysis and macroeconomic modelling. The also get acquainted with the modern views of macroeconomics and their critique. At the end of the program, students will be able to analyze complex economic situations and help decision making.
The aim of the Industrial Analyst Specializaton is to present the internal processes of firms and the market interactions between corporations. Students learn how to describe these processes theoretically and analyze them empirically. At the end of the program, students will be able to foster corporate and economic policy making with high-quality analysis.
Career goals
Demand for the skills of economic analysts has been increasing ever since the availability of large databases. Potential employers include the following:
Large corporations with an economic analysis department (e.g., banks, companies in regulated industries)
Consulting companies (e.g., McKinsey, Big4, SMEs with a focus on consulting)
Consumer research companies (Nielsen, etc.)• Governmental bodies (National Banks, Ministries, Competition Authority, etc.)
International organizations (OECD, European Commission, Research Hubs, etc.)
The program offers solid background to pursue studies in international Phd programs
Program Administration
The program is led by the MNB Institute. Teaching is done predominantly by the academic stuff from the Institute of Economics and the MNB Institute, but other institutes of the University are also involved in teaching and thesis advice (e.g., the Institute of Economic and Public Policy and the Institute of Mathematics and Statistical Modelling).
Facts and Figures
Name of the Program: Economic Analyst MSc;
Program type: Masters;
Duration: 2 years, divided in 8 Quarters;
Language of Instruction: English
Start: First week of September
Directors of the program: Prof. Álmos Telegdy (Head of the Program), Prof. László Szakadát (Head of the Industrial Organization Analyst specialization), Prof. Balázs Világi (Head of the Macroeconomic Analyst specialization).
Program Coordinator: Mr. Ákos Deák (email: akos.deak@uni-corvinus.hu)
