INTERNATIONAL ECONOMIC CONSULTING (CAND.MERC.)

Introduktion

  • What are the total costs and benefits of building a new airport in Berlin?
  • Should farmers in Bangladesh receive direct financial support or just price guarantees?
  • How many cars will need a parking space in Copenhagen in 2020?
  • How can CO2 quotas be priced and distributed in a market efficient manner?
  • Which pipelines should be built in order to secure the EU's future gas supply?

These and many other problems, their increasing complexity, their positioning at the border between economics and management and their placement in international contexts have been the backbone of the steadily growing demand for International Economic Consulting services. Large multinational corporations, regional and national policy makers, international organisations (like the World Bank, the EU and the OECD) and a growing number of non-profit interest groups require sound economic analyses and feasibility studies for an impressive range of issues and industrial sectors.

The MSc in Economics and Business Administration - International Economic Consulting – which we have developed in close cooperation with major players of the industry – is organised to prepare students for various job functions within this context. The programme will provide you with up-to-date theoretical knowledge required for applied economic analyses; relevant quantitative and empirical methods suitable for sectoral studies, policy impact analyses and forecasting; the training and concepts required for the implementation of national and international project consulting and, last but not least, introduce you to an exiting international environment.

Adgangskrav

Direkte adgangsgivende bacheloruddannelser

De erhvervsøkonomiske bacheloruddannelser HA og B.Sc. in Business Administration herunder alle toninger fra Aarhus BSS ved Aarhus Universitet giver adgang til cand.merc. og cand.merc.aud. Bemærk at der er særlige krav til valgfagssammensætningen ved HA (jur.).

Har du en bacheloruddannelse i erhvervsøkonomi, HA (Generel erhvervsøkonomi) fra en dansk uddannelsesinstitution opfylder du automatisk de specifikke adgangskrav, og kan optages direkte, hvis der ikke er adgangsbegrænsning på specialiseringen. Er du i tvivl, om du opfylder de specifikke adgangskrav, kan du spørge Studievejledningen om reglerne.

Du vil også med en HD (erhvervsøkonomisk diplomuddannelse) kunne optages på en erhvervsøkonomisk kandidatuddannelse, dog med krav om supplerende fag svarende til 20 ECTS. Du kan i oversigten over suppleringsfag se hvilke fag du skal supplere med, hvis du ønsker at starte på kandidatuddannelsen. Fra optagelsen i 2018 og fremad skal suppleringsfagene være bestået inden studiestart på kandidatuddannelsen.  

 

Adgang med anden uddannelse

Hvis du har en uddannelse med tilsvarende fagligt indhold, kan du få den vurderet ved Optagelse til kandidat og tilvalg. Vurderinger laves mellem 1. september og 1. december. I vurderingen vil der blive lagt vægt på, at din bacheloruddannelse har et tilstrækkeligt indhold af erhvervsøkonomiske fag, således at følgende fagområder er dækket i det angivne ECTS-omfang, se nedenfor.

Kvantitativ og Kvalitativ Metode

15 ECTS

Driftsøkonomi

15 ECTS

Marketing

7,5 ECTS

Finansiering og Regnskab

15 ECTS

Ledelses- og Organisationsteori

7,5 ECTS

Mikroøkonomi

5 ECTS

Ekstra ECTS inden for ovennævnte fagområder

15 ECTS

I alt inden for Erhvervsøkonomi

80 ECTS

 

Sprogkrav

Undervisningssproget er engelsk, og derfor skal alle ansøgere dokumentere engelsk på dansk gymnasialt B-niveau eller tilsvarende.

Uddannelsens opbygning

STUDIEORDNING


PREREQUISITE COURSES

Econometric Methods in Economic Consulting
Successful participation in the course will enable the student to perform advanced econometric analysis of problems typically encountered in an Economic Consulting context. The course develops thorough methodological competences with a special focus on the application to empirical questions that arises when complicated evaluations of programs are performed. As a result of the course, the graduated student is expected to develop the ability to make independent advanced analyses, where the student includes only relevant elements from the course and demonstrates substantial factual knowledge with respect to concepts, definitions, and theories.

Advanced Industrial Economics
This course is concerned with the theoretical and empirical understanding of the intensity of competition across industries and its effect on prices, quantities, quality choice, efficiency and market structure. It also studies the need of public intervention by describing the economics of competition policy.

Organisational Economics and Strategy
This course studies how firms create a competitive advantage and maintain it, and analyses strategic choices regarding the boundaries of the firm, the incentive mechanisms and the organisational structure that will best serve their strategies.

Cost-Benefit Analysis (CBA) or Project Evaluation as it is sometimes referred to, is an essential tool in economic consulting. The purpose of CBA is to facilitate better decision-making. It ensures that resources are effectively allocated by estimating the monetary values - as far as this is possible - of all the benefits and costs to society of alternative projects, typically public investment projects. Cost-benefit and cost-effectiveness are also central elements within the context of budgetary and political considerations as parts of social evaluation of investments.


SPECIALISATION COURSES

International Economic Integration gives a broad understanding of the forces and effects of globalisation through technological and policy changes. Based on the theory of international economics we examine integration as driven by organisations like e.g. the World Trade Organization (WTO) and the EU. The ability to put institutional knowledge into operation in an economic analytical context is a key element in working with government agencies, international institutions and many non-profit organisations on issues such as changes in trade rules or EU policies.

Developing and Emerging Economies
The growing wealth of the world is distributed unevenly. This is a central challenge for policy makers and a field of growing demand for informed economic advice. The course will focus on the opportunities and conditions for economic growth in developing and emerging economies and provide you with an understanding of the underlying economic mechanisms.

Applied Economic Consulting
Would it be a good idea to attract the Olympics to Denmark? These and many other questions come down to economics. What is the total impact, what are the involved costs and benefits, how do you forecast primary and secondary effects? This course simulates the entire process surrounding a real-world economic consulting problem, including an introduction to various project management tools.


In the third semester you can choose elective courses within your areas of interest. The courses can either be taken at Aarhus BSS during the semester, at AU Summer University or at one of our more than 300 partner universities abroad. You can also participate in internship programmes either in Denmark or abroad.


The fourth semester is devoted to the final thesis. You may choose the topic of the thesis freely and so get a chance to concentrate on and specialise in a specific field of interest. We encourage students to work on topics that are related to international economic consulting and/or are performed in cooperation with a consulting company or a governmental or international institution. The thesis may be written in collaboration with another student or it may be the result of your individual effort. When the thesis has been submitted, it is defended before the academic advisor as well as an external examiner.

 

 

Studieliv

Undervisning

Som studerende på en universitetsuddannelse skal du regne med at undervisningsformerne er noget anderledes, end hvad du kender fra gymnasiet eller handelsskolen. Som studerende er du i langt højere grad end tidligere ansvarlig for din egen indlæring og uddannelse.

Undervisningsåret er delt ind i to semestre. Der er rusintroduktion i uge 35. Første semester starter i uge 36 (ca. 1. september) til ca. midt december med eksamensperiode fra ca. midt december til 31. januar. Anden semester løber fra ca. 1. februar til midt i maj, hvor der eksamensperiode indtil 30. juni.
Bemærk, at dette er udgangspunktet, og der kan forekomme variationer.

Vores undervisning og undervisningsformer gør vores studerende og vores dimittender attraktive for erhvervslivet.

Gruppearbejde

Ved at løse opgaver i grupper, som typisk består af tre til fire studerende, lærer du at arbejde sammen med dine medstuderende omkring en given opgave.

Læsegrupper har også en funktion uden for eksamensperioderne. Her har du mulighed for sammen med gruppen at diskutere faglige problemer og gennemgå materialet til næste undervisningsgang.

Læsegrupper får på den måde både en social og en faglig funktion.

Forelæsninger og holdtimer

Til forelæsninger i et auditorium kan der være plads til op mod 300 studerende. Den anden halvdel foregår som holdtimer eller øvelsestimer, ligesom du kender det fra gymnasiet eller handelsskolen. Her er der mulighed for at stille spørgsmål, gennemgå øvelser og diskutere stoffet.

Følg studielivet på Aarhus Universitet

- oplevet, fotograferet og filmet af de studerende selv.

Med tusindvis af billeder giver #yourniversity dig et indblik i hverdagen som studerende på AU, i festerne, overspringshandlingerne, eksamen og alt det andet, du kommer til at bruge din studietid på.

 

Billederne er brugernes egne, delt med #Yourniversity, #AarhusUni og fagspecifikke AU-hashtags.

Karriere

JOB PROFILE

Career opportunities for graduates in MSc IEC include the following possibilities:

  • Consultant in International Consulting Companies
  • Analyst in regional and national governments
  • Consultant in International Organisations and Development Agencies
  • Economist with non-profit organisations
  • Economist/Analyst with multinational companies, banks or industrial interest groups

PROFILE OF COMPETENCIES

The research-based MSc study programme in Economics and Business Administration builds on the competencies and insights acquired in the BSc study programme in Economics and Business Administration.

The study programme provides the graduate with specialist knowledge within the disciplines of the study programme that give the graduate high academic qualifications to develop solutions to issues pertaining to business administration in companies and organisations in the public and private sectors.

The study programme also qualifies the graduate for further studies, including PhD studies.

Through the study programme, the graduate has acquired knowledge that enables the graduate to:

  • Understand and consider knowledge pertaining to the various disciplines as well as identify academic issues
  • Master the scientific methodologies and tools of the various disciplines as well as master general skills associated with employment within the areas studied
  • Assess and choose among the scientific methodologies and tools of the various disciplines as well as develop new analysis and solution models
  • Discuss professional and academic issues with both specialists and laymen
  • Manage work and development situations that are complex, unpredictable and require new solution models
  • Initiate and carry out, on an independent basis, monodisciplinary and interdisciplinary collaboration and take professional responsibility
  • Take responsibility, on an independent basis, for own professional development and specialisation
  • From studies to first job
    ”Leave Denmark for a while, get your hands dirty and find out how the rest of the world works and operate... It will give you much more in your backpack that you can take up and use whenever needed in your career!!”.

(Msc in International Economic Consulting)

”Pick an area of specialization + the more languages you speak the easier you will find (and hold) a job”.
(Msc in International Economic Consulting)