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M.Sc. International Economics and Management

Paderborn University Paderborn

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  • No tuition
    Tuition
  • Winter and summer
    Intake
  • English
    Language
  • 30 Nov
    Next deadline

Applications close on 30 Nov.

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About the programme

International Economics and Management is a Master of Science at Paderborn University built around internationalisation: the content covers global markets, multinational companies and international organisations, and students and teachers come from all over the world. The standard period is 4 semesters with 120 ECTS, you can start in the summer or winter semester, and teaching is in German and English. The programme is flexible: only four compulsory modules of 5 ECTS each build core methods such as mathematics and empirical and econometric methods, and the rest comes from electives, for example the Economics and Management focus. A semester abroad at one of almost 70 partner universities is optional. It suits graduates of economics or a related field.

Fields of study

Economics(Business & Economics)
Business & Management(Business & Economics)

How to apply

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Requirements

What you need to apply for International Economics and Management at Paderborn University

English language

IELTS Overall
6.5/ 9.0
View English requirements details

Language test TOEFL 87 iBT or IELTS: Band 6,5

German language

Maximum German grade(lower is better)
3
View German requirements details

German proficiency is required. Students do not necessarily need to prove their German proficiency as an entrance condition. However, they must prove a minimum proficiency of level A2 GER before concluding the master program. Required proficiency can be acquired at the University of Paderborn in German courses of 240-hour duration. The courses can be credited in the elective module "General Elective" (Studium Generale).

Academic requirements

Completed Bachelor's degree
Required
Minimum ECTS credits
180

ECTS are study credits. One year of full-time study is about 60 ECTS.

MOI accepted as English proof
Not Accepted
View academic requirements details

1.A successfully completed Bachelor's degree in the field of economics or an equivalent/comparable degree in a research oriented study program.

2.completed with a minimum GPA of 2.5 (or with GPA from 2.5 -3.0, depending on the course of studies in the bachelor program)

Degrees will be checked not only with regard to formal aspects but also to the content. Important part of the audit are the methodological prior knowledge (f.e. quantitative methods, mathematics, statistics). Knowledge in the following fields have to be documented:

Bachelor´s degree or equivalent study degree with minimum 180 ECTS, including at least:

80 ECTS Economics and Business Administration of which

20 ECTS Economics

40 ECTS Quantitative Methods of which

10 ECTS Mathematics

10 ECTS Statistics

10 ECTS Bachelor´s Thesis

https://wiwi.uni-paderborn.de/en/studies/degree-programs/... (opens in a new tab)

Tests and documents

Statement of Purpose (SOP)
Required
Curriculum Vitae (CV)
Required
Letters of Recommendation
Required
GRE
Not required
GMAT
Not required
View document requirements details

Motivation letter in English language


Yes

APS verification

APS certificate
Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Prerequisites

Formal requirements from the 2025/2026 winter semester onwards

Successful completion of the Bachelor's programme in Economics or International Business Studies at Paderborn University or successful completion of an equivalent or comparable research-oriented programme in economics or a relevant programme.

This degree programme must either

  • have been completed with a grade of at least 2.5 or
  • the applicant must be among the top 35 per cent of all examination graduates who have completed the examination. Either all relevant examinations of the final semester and the preceding semester or all relevant examinations of the two preceding semesters must be taken into account. This means that the grade of your degree (not individual exams) is considered in relation to the final grades of all other degrees in the same degree programme. The comparison groups are either the degrees of the graduates of your final semester and the previous semester or the degrees of the graduates of the two previous semesters. In both cases, you must be among the top 35% of graduates in order to meet this formal admission requirement.

Content requirements

In addition to the formal examination, a content examination is also held. A decisive component of the examination subject is often the extent of prior methodological knowledge (e.g. quantitative methods, mathematics, statistics). Overall, you must have knowledge in the following areas and to the following extent:

M. Sc. International Economics and ManagementMinimum Number of ECTSEconomics and Business Administration80 ECTS_- of which Economics30 ECTS_- _of which Business Administration30 ECTS_Quantitative Methods incl. Business Informatics40 ECTS_- of which Mathematics10 ECTS- of which Statistics10 ECTS_Bachelor´s Thesis10 ECTS

Equivalence will be assessed during the application process.

Language skills

Foreign language skills in English at level B2 of the Common European Framework of Reference for Languages (CEFR) are required. The following are particularly recognised as proof:

  • Abitur certificates showing level B 2,
  • Bachelor's degrees in an English-language degree programme in an English-speaking country or in a degree programme accredited as English-language in Germany,
  • Test of English as a Foreign Language (TOEFL) (internet-based) (opens in a new tab) with a score of at least 87, Business English Certificate (BEC): BEC Vantage – Level B2, IELTS 6.5 or Cambridge First Certificate Grade A.
  • German language skills are also required. Applicants who did not obtain their university entrance qualification at a German-speaking institution must demonstrate German language skills at a level of at least A2 GER (Common European Framework of Reference for Languages). The following are accepted as proof:
  • Certificates from the Goethe-Institut (at least level A2)
  • TestDaF (TDN 3, TDN 4, TDN 5)
  • German Language Test for University Admission (DSH) (DSH 1, DSH 2, DSH 3)

Students who do not have the required German language skills must acquire them during their studies before completing their master's degree. The required German language skills can be acquired at Paderborn University in German courses totalling 240 hours.

Are you missing ECTS credits?

If you are missing up to 30 ECTS credits from your bachelor's degree, you can enrol in the master's programme subject to certain conditions (opens in a new tab). These conditions should be fulfilled during the first year of the master's programme if possible. You can find out which content you need to study in the notification sent to you by the Office for Academic Affairs (opens in a new tab). The Office for Academic Affairs (opens in a new tab) is also available to answer any further questions you may have about the conditions imposed.

If you are missing more than 30 ECTS credits, enrolment under certain conditions is not possible, as the bachelor's degree you have submitted differs significantly from a bachelor's degree from Paderborn University.

If you would like to have your content and formal admission requirements for a degree programme checked in advance, please send your bachelor's degree transcript to the Office for Academic Affairs (opens in a new tab).

Further information on enrolment under conditions. (opens in a new tab)

Formal requirements up to and including the 2025 summer semester

Successful completion of a bachelor's degree in economics or international business studies at Paderborn University or successful completion of an equivalent or comparable research-oriented degree programme in economics or a relevant degree programme.

This degree programme must either

  • have been completed with a grade of at least 2.5 (depending on the course of study in the Bachelor's programme, also with a grade of 2.5 to 3.0) or
  • the applicant must be among the top 35 per cent of all examination graduates who have completed the examination. Either all relevant examinations of the final semester and the preceding semester or all relevant examinations of the two preceding semesters must be taken into account. This means that the grade of your degree (not individual examinations) is considered in relation to the final grades of all other degrees in the same degree programme. The comparison groups are either the degrees of the graduates of your final semester and the previous semester or the degrees of the graduates of the two previous semesters. In both cases, you must be among the top 35% of graduates in order to meet this formal admission requirement.

Admission with a final grade of 2.5 to 3.0 is also possible for students who are not among the top 35% of exam graduates in their Bachelor's year. Compensation through courses in economics and quantitative methods is possible. Depending on the final grade, this must be documented by 45-50 ECTS credits in a subject-specific specialisation or, alternatively, by a thesis from the previous degree in the field of economics/quantitative methods. Students at the Faculty of Economics at Paderborn University have the option of compensating for this through the modules offered by the Department of Economics. Depending on the grade, 5 or 10 ETCS in the areas of quantitative methods/economics are required for compensation. Alternatively, a thesis with a focus on quantitative methods/economics can be used. A schematic overview of the grade compensation rule can be found here.

For students at Paderborn University, this area includes the following modules:

  • Mathematics for Economists I + II
  • All modules with the module numbers “M.184.14__”, “M.184.24__” and ‘M.184.34__’

Content requirements

In addition to the formal examination, there is also a content-based examination. A decisive component of the examination subject is often the extent of prior methodological knowledge (e.g. quantitative methods, mathematics, statistics). Overall, you must have knowledge in the following areas and to the following extent:

M. Sc. International Economics and ManagementMinimum Number of ECTSEconomics and Business Administration80 ECTS_- of which Economics20 ECTS_Quantitative Methods incl. Business Informatics40 ECTS_- of which Mathematics10 ECTS- of which Statistics10 ECTS_Bachelor´s Thesis10 ECTS

Equivalence will be assessed during the application process.

Language skills

To be admitted to the Master's programme in International Economics and Management, applicants must demonstrate a sound knowledge of English by

  • successfully completing at least five years of school education in English at a German institution, starting no earlier than Year 5, or
  • a Bachelor's degree from an English-speaking country or from a domestic degree programme accredited as English-speaking, or
  • a language test at least at the level of TOEFL 87 (internet-based) (opens in a new tab) or
  • equivalent knowledge (e.g. Business English Certificate (BEC): BEC Vantage – Level B2, IELTS 6.5 or Cambridge First Certificate Grade A).
  • German language skills are also required. Applicants who did not obtain their academic qualifications at a German-speaking institution must demonstrate German language skills at a level of at least A2 GER (Common European Framework of Reference for Languages). The following are accepted as proof:
  • Certificates from the Goethe-Institut (at least level A2)
  • TestDaF (TDN 3, TDN 4, TDN 5)
  • German Language Examination for University Admission (DSH) (DSH 1, DSH 2, DSH 3)
  • A computer-based placement test (C-Test procedure) after enrolment at Paderborn University.

Students who do not have the required German language skills must acquire them during their studies before completing their Master's degree. The required German language skills can be acquired at Paderborn University in German courses totalling 240 hours and can be credited as part of the Studium Generale for the elective module. In this case, the certificates must be submitted to the programme coordinator, who will forward them to the examination office.

Are you missing ECTS credits?

If you are missing up to 30 ECTS credits from your bachelor's degree, you can enrol in the master's programme subject to certain conditions (opens in a new tab). These conditions should be fulfilled during the first year of the master's programme if possible. You can find out which content you need to study in the notification sent to you by the Office for Academic Affairs (opens in a new tab). The Office for Academic Affairs (opens in a new tab) is also available to answer any further questions you may have about the conditions imposed.

If you are missing more than 30 ECTS credits, enrolment under certain conditions is not possible, as the bachelor's degree you have submitted differs significantly from a bachelor's degree from Paderborn University.

If you would like to have your content and formal admission requirements for a degree programme checked in advance, please send your bachelor's degree transcript to the Office for Academic Affairs (opens in a new tab).

Documents checklist

What to prepare for your application to International Economics and Management

Programme-specific documents

Copy of a secondary school leaving certificate which qualifies you to study at university level in your home country (please make sure that you provide proof of all grades you obtained)

Proof of language proficiency (copy sufficient)

If you have taken a university entrance exam, its results are needed as well (e.g. for applicants from Bosnia, Korea, Kosovo, Croatia, Macedonia, Serbia, Türkiye and USA)

Copies of all other relevant documents such as academic transcripts, references, final degree certificates

Resume/CV, showing a complete chronological list of your education and training up to the time of application

If you intend to earn a PhD, you must be accepted as a doctoral candidate by a professor from an academic department of the University of Paderborn before the application process.

This programme applies directly or via uni-assist. Submit your documents through the correct channel before the deadline.

Open application portal (opens in a new tab)

Apostille and notarization

Requirements vary by nationality and issuing country. Many German universities require certified translations and, in some cases, document apostilles. Verify current requirements directly with the admissions office, or use our document services for guided preparation.

Need help preparing your documents?

Our document preparation bundle covers SOP, CV, LOR, and translation coordination, reviewed by our team.

View document bundle

How to apply

Step-by-step guide to applying for International Economics and Management at Paderborn University

Application procedure

Dear prospective student,

thank you very much for being interested in the master program “International Economics and Management”!

International students have to send their application including all documents (verified copies) to the University’s International Office by regular mail.

MSC-IEM <[email protected]

We now take applications for summer semester 2024 starting in April 2024. Application deadline is November 30th , 2023.

There are formal and content requirements to be fulfilled. Among others, you will also need an official English language certificate (e.g. IELTS or TOEFL). A medium of instruction certificate is not sufficient. Please note, that the study program can be studied completely in English Language. Nevertheless, even if you study completely in English, German proficiency is required. Students do not necessarily need to prove their German proficiency as an entrance condition. However, they must prove a minimum proficiency of level A2 GER before concluding the master program. Required proficiency can be acquired at the University of Paderborn in German courses of 240-hour duration. Nevertheless, registering/applying for these courses is only possible after official admission and after enrolment.

Details about the program and information to the admission requirements are available on the program’s webpage:

https://www.uni-paderborn.de/en/studyoffer/course_of_stud... (opens in a new tab)

The application process is described on the following webpage:

https://www.uni-paderborn.de/en/studies/international-stu... (opens in a new tab)

If you would like us to make a preliminary check of the entrance requirements, please send us a transcript of records, including information about your final GPA, the number of credits/hours per course, and the grading scheme (best grade, worst grade, grade required for passing) and language proficiency in English. Please also let us know whether you have written a BA thesis, and if so, the number of pages/credits/ECTS and its topic.

Please don’t hesitate to contact me in case of further questions.

Kind regards

Lisa Krömer

The application should be completed in written form. All certificates and supporting documents must be submitted as certified copies. In order to be accepted, the application documents have to be completed in full.

Please send your application in written form and fully completed to the following address:

Universität Paderborn

International Office

D-33098 Paderborn

Selection process

No Information Found

Application quick facts

APS

Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Application fee

75 EUR

Complexity

Medium

Address

Please send your application in written form and fully completed to the following address:

Universität Paderborn

International Office

D-33098 Paderborn

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Costs

Tuition

FREE

No tuition fees

Semester contribution

N/A

per semester

Application fee

75 EUR

per application

Estimated year-1 total cost

11,904 EUR

Includes tuition, semester contribution, and estimated living costs.

Plan your total budget for Germany

Use the MS in Germany cost calculator to estimate living expenses, insurance, and your full year-one spend.

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Admission outcomes

Community-reported data from MS in Germany students (2018-2025)

Acceptance rate

33%

5 accepted out of 15 total applications

Grade distributionGerman scale (1.0 = best, 4.0 = passing)

AdmittedRejected
1.02.03.04.0

Based on 15 applications from MS in Germany students 2018-2025.

Based on 15 applications from MS in Germany students 2018-2025.

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