The specialized Master in International Monetary Economics program is worth 90 credit points under the European Credit Transfer System (ECTS) with a standard period of study of three semesters. With part-time study, the Master’s program will, accordingly, take longer.
The curriculum encompasses introduction, core and areas of specialization courses, and a Master’s thesis.
Introduction module: Advanced Topics in Economics
The complete introduction module is worth 18 ECTS. The aim is to bring all the students up to the same standard. It therefore has a broad base and includes the basic elements of studying Economics at Master’s level (microeconomics, macroeconomics and econometrics). The courses in this module are offered in parallel at both universities within the framework of their normal Master’s program.
Core module: Core Areas in Monetary Economics
Students have to obtain 24 ECTS in the core module. This comprises those courses which make this program a specialized Master’s program. They cover the key themes of the program in terms of content. The module also includes a seminar as part of which the students write and present a seminar paper (6 ECTS). The seminar is conducted by members of the faculties involved, but may also include experts with professional experience and potential employers for the graduates. The courses in this module are typically only offered at one of the two universities, so the students have to commute between them. The module includes a minimal amount of freedom of choice. The exact content of the module is determined by the Governing Board.
Specialization module: Areas of Specialization in International and/or Monetary Economics
Students can obtain 18 ECTS in the specialization module. In this module, they can choose from a wide selection of Master’s courses at the two faculties involved that are suitable for further specialization in the intended Master’s program. This module can also include courses from other faculties. In the specialization module, it is upon special request also possible to take courses that are not held in English. The aim of the specialization module is to give students the opportunity to build up a personal profile according to their interests or the career they hope to pursue. However, the Governing Board ensures that the content is to some extent related to the specialized focus of the MIME.
Courses in the core module can also be recognized for the specialization module if the student has already obtained the necessary number of points in the core module.
The Master’s thesis is worth 30 credit points. It therefore requires 900 hours of work, which equates to 20 weeks of full-time work. It can only be started after the introduction module has been successfully completed and at the end of the second semester. Because of the scope of the Master’s thesis, very high standards are set for its originality and for the intensity of the research required. It is supervised by at least one full-time member of one of the two faculties. The supervisor sets a subject in consultation with the student.
If the Master’s thesis is not accepted, it can be repeated once, with a new subject being set. If the thesis is rejected once again, the student is disqualified from the program.