Master in Economic Analysis

Admission Requirements:

The minimum requirements for admission to the Master in Economic Analysis are:

1.       A Bachelor’s degree (not necessarily in Economics) and a strong background in quantitative methods.

2.       Very good command of the English language.

Admission Process:

Documents Required for the Application:

1.       Application through the Online Application System of the University (see here).

2.       Two letters of recommendation.

3.       Copies of university degrees or a statement of expected graduation in the month preceding enrolment in the postgraduate programme.

4.       Transcripts as appropriate.

5.       Curriculum vitae.

6.       Motivation letter.

7.       English proficiency exam (This can be certified by international standardized tests such as GCE, TOEFL or other and are determined by the Department, see here).

Evaluation of applications is done by the Departments Committee of Graduate Studies, based on applicants’ performance in their previous studies as well as the compatibility of their research interests with those of the Department's faculty. Applicants may be called for an interview if this is necessary. The Committee submits their recommendation to the Departmental Council, which has the final say on offering a position in the programme.

Profile of Programme
The Master in Economic Analysis aims at providing rigorous training in economic theory and econometrics. It is suitable for students interested in working as economic analysts both in the public and in the private sector, as well as for those interested in continuing their studies to obtain a Ph.D. in Economics.

The Master in Economic Analysis is the natural starting point for students who wish to pursue a Ph.D. in Economics at the University of Cyprus and do not already hold a research-oriented Master’s degree.

The language of instruction is English.

The typical duration of the programme is three semesters.

Key Learning Outcomes
Successful graduates will develop all the analytical skills needed for conducting research in all fields of economics. They will also acquire all the necessary tools to analyze the economic environment and to design economic policies.

Occupational Profiles of Graduates with Examples
The Master in Economic Analysis is primarily a research-oriented programme.

Several of its graduates continue their studies to pursue a Ph.D. in Economics, either at the University of Cyprus or in other institutions. Graduates of the programme have been admitted at top Ph.D. programmes worldwide, including University of Wisconsin-Madison, University of Maryland and Universidad Carlos III de Madrid. In addition to these, graduates of the Department, several of which had taken courses from the Master in Economic Analysis, have been admitted among other to the University of Rochester, Columbia University, Washington University in St. Louis, Universitat Pompeu Fabra, and others.

Graduates who did not pursue a Ph.D. have found employment in the private sector, mainly in financial institutions, as well as in competitive positions in governmental organizations, including the Central Bank of Cyprus and the Ministry of Finance.