Entrepreneurial Economics (M.Sc.) - Master of Science Program in Berlin, Germany
- Start: October / March
- Location: Berlin Course duration: 4 semesters (full-time)
- Degree: Master of Science
- Language: English
- Tuition fees: For EU Applicants: 999€ per month (24 months) Total = 23,976 € For Non-EU Applicants: 1,099€ per month (24 months) Total = 26,376€
"It is high time to rethink dominant maths-based economics. Economics is not a natural science. It primarily concerns human action and social organization. The market is an entrepreneurial process and Austrian economics is entrepreneurial economics. The BiTS study programmes offer an insight into this philosophical approach." Jürgen Stark, Former Chief Economist of the European Central Bank (ECB).
This new master’s program combines high-level economics with application-oriented courses in business and finance. Economics is thereby taught based on the foundations of the Austrian School. Entrepreneurial Economics is the first English-taught master’s program in Europe that is solidly rooted in the Austrian tradition. However, besides the Austrian focus this program also committed to methodological pluralism, since all relevant schools of thought are included in the curriculum.
Austrian economics, by its very nature, is entrepreneurial economics. No other school of thought investigates markets under the paradigm of human action and constant change. Combining classes in business and Austrian economics is thus a natural step. Together, they build a first-class education portfolio that teaches theoretical understanding, entrepreneurial thinking and independent decision making. These skills, in combination with the general analytical competence that this program conveys, lay the foundation for many promising career paths.
Requirements:
- Online application
- Completed Bachelor’s degree (or equivalent) with
- a final grade of “Good” (GPA: 2.5) or better (alternatively, a letter of recommendation from your previous university)
- a focus on economics, mathematics, or philosophy within your previous studies (alternatively, you may attend preliminary courses)
- Good English language skills (at least level B2)
- Interview in English
What’s special about us:
Private and state-accredited: The “Business and Information Technology School” BiTS offers bachelor’s and master’s degree programs in business, media, and psychology. Its nickname “entrepreneurial university” communicates our teaching approach: practical, international, and focused on success. BiTS also offers a family-like environment in which you can study.
The BiTS difference:
The most important thing about BiTS is its personal learning atmosphere: We believe in the importance of small study groups and of close interaction between students, faculty, and staff. A lack of bureaucracy, an open-door policy, and a personal approach are what set us apart.
And that’s not just our opinion. We’ve received positive feedback both from both students and businesses. The statistics are also in our favour: The percentage of graduates who enter employment soon after graduating from BiTS is above average.