Master of Science in Economics

Master of Science in Economics
Orientation Session Master of Science in Economics

Orientation Session Master of Science in Economics
Friday, 06 October 2017, 9:15 am – 3:30 pm Juridicum, Adenauerallee 24 – 42, Lecture Hall C 9:15 – 9:30 am Welcome Message 9:30 – 10:30 am Brief Introduction of the Basic Modules 10:30 – 11:00 am Coffee Break 11:00 – 12:00 am Overview over the Structure of the Program 12:00 – 12:30 am Brief Introduction of the Ph.D. program 12:30 – 2:00 pm Lunch Break 2:00 – 2:30 pm Welcome by Senior Master Students and by Student Representatives 2:30 – 3:30 pm Introduction of the Incoming Master Students

Information about the study program
Master of Science in Economics Information about the study program Dr. Sabine Hübner-Monien

Why bonn? Rankings of the Department
Tilburg Ranking Times Higher Education (THE)Ranking Times Higher Educatio Orientation Session / Dr. Sabine Hübner-Monien

Why bonn? Excellency Cluster “ECONtribute”
„ECONtribute: Markets & Public Policy“ (University of Bonn/University of Cologne) is the only economic proposal to be funded by the German Excellency Strategy aims to explore new possibilities for shaping and regulating markets in the face of new challenges such as global financial crises, an increasing inequality or the ongoing digitization research goes beyond traditional analyses of economic policy by combining theoretical models and empirical economic research with findings from the behavioral sciences, law, and political sciences funded for 7 years 01/01/2019 – 12/31/2025 (with a possible extension of 7 years), budget: 3-10 mio € annually Orientation Session / Dr. Sabine Hübner-Monien

Aims and Objectives of the Master in Economics
A comprehensive two year research-oriented program that aims to produce highly skilled economists special emphasis is put on mathematical, statistical and econometric methods to prepare students for further academic studies or positions where strong quantitative skills are needed. Students may choose courses from up to four different fields of study to allow them to specialize in the fields that they desire. M.Sc students are even offered the unique possibility to attend selected Ph.D. level courses as part of their Masters‘ degree. Orientation Session / Dr. Sabine Hübner-Monien

Orientation Session / Dr. Sabine Hübner-Monien
Program Structure The Master program includes basic and advanced modules, and a so-called research module 1. semester: basic modules cover the basics of economics and methodology 2. and 3. semester: advanced modules involve a more in-depth study of at least two or up to four study areas 3. semester: advanced modules and research module, a research seminar which focuses on designing research projects The 4. semester is reserved for the writing of the Master’s thesis Orientation Session / Dr. Sabine Hübner-Monien

Program Structure & credit points
Orientation Session / Dr. Sabine Hübner-Monien

Basic Modules Basic modules are offered in Winter Semester only Students take these modules in the first semester Mathematics for Economists is compulsory Students need to choose at least 3 of the following modules: Microeconomics Macroeconomics Econometrics Finance How to choose classes? Simply attend the lectures: There is no registration for classes! Orientation Session / Dr. Sabine Hübner-Monien

Basic moduels /Advanced Modules
If you decide to take all five basic modules in the first semester, you will need to take one less advanced module from one of the upcoming semesters‘ curriculum you cannot take extra classes, i.e. you cannot exceed the total of 90 credits All grades of passed exams will be recorded on your transcript; you cannot eliminate any of these grades Orientation Session / Dr. Sabine Hübner-Monien

Schedule Winter Semester 2018/19
Time Monday Tuesday Wednesday Thursday Friday 8:30- 10:00 Finance Room F Mitkov Econometrics Vogt Microeconomics Szalay/Tatur 10:15-11:45 Mathematics Dilme Macroeconomics Bayer/Jungherr 12:15-13:45 14:15-15:45 16:15-17:45 18:15-19:45 Orientation Session / Dr. Sabine Hübner-Monien

Juridicum Location of the lecture halls

Advanced modules Comprise six areas of economics: Microeconomic Theory Macroeconomics and Public Economics Management and Applied Microeconomics Financial Economics Econometrics and Statistics Economic Research Focus on current topics of economic research Are available in a yearly circle Orientation Session / Dr. Sabine Hübner-Monien

Advanced modules Are taken in the second and third semester – some can only be taken if the corresponding basic module was passed successful (see list below) Students can either focus on 2 study areas (narrow focus) or choose to select up to 4 study areas (broad focus). A study area is covered once students have taken at least one advanced module in it Master students can also take advanced modules of the study area Economic Research (Topics Courses) – please contact the professors if you want to attend Topics Courses Orientation Session / Dr. Sabine Hübner-Monien

Advanced modules Study Area Advanced Modules Winter Term Advanced Modules Summer Term Microeconomic Theory Mechanism Design and Social Choice Industrial Organization Information and Dynamic Incentives Research Module Game Theory Economics of Contracts and Information Dynamic Methods and Applications Macroeconomics and Public Economics Monetary Economics Growth and Development Economics International Economics and Finance Dynamic Macroeconomics Public Economics Management and Applied Microeconomics Personnel Economics Managerial Accounting Economics and Psychology Effective Programming Practices for Economists Organizations and Incentives Behavioral Economics Labor Economics Financial Economics Option Pricing Corporate Finance Banking and Securitization Empirical Banking and Finance Econometrics and Statistics Econometric Theory Stochastic Processes Probability Theory Time Series Econometrics Microeconometrics Computational Statistics The term (winter/ summer) in which modules are offered is subject to change Orientation Session / Dr. Sabine Hübner-Monien

Advanced modules: Economic Research
Topics in: Microeconomic Theory Macroeconomics and Public Economics Management and Applied Microeconomics Financial Economics Econometrics and Statistics Primarily designed to prepare future Ph.D students for their first publication Entry requirements: Mathematics for Economists passed corresponding basic module passed (BM Micro for Financial Economics) Orientation Session / Dr. Sabine Hübner-Monien

Advanced modules: required basic modules

Research Modules: Research Seminars
Offered in all study areas (except Economic Research) and serve as preparation for writing the Master thesis Focus is on research methods. Students will improve their analytical skills, e.g. by replicating a paper, collecting and processing data, developing research questions and a research design, structuring a research paper Only offered in winter semesters, students take them in their third semester Places are allocated through an online procedure, see Entry requirements: completed basic module (registration) completed two advanced modules (participation) Orientation Session / Dr. Sabine Hübner-Monien

Master thesis Upon successful completion of all required basic, advanced, and research modules, students are ready to start writing the Master thesis students earn 30 credit points for successfully completing the thesis Requirements: 30 credits from Basic Modules one advanced module from the study area in which you want to write your thesis one research module from any study area Orientation Session / Dr. Sabine Hübner-Monien

Examinations

Examinations Basic Modules Advanced Modules Research Modules
Master thesis Offered in … Winter Semester Yearly Cycle Individual timing once requirements are met Type of examination Written (exam) Written (exam or term paper) or oral Oral presentations and term papers Thesis Number of max. attempts 3 2 Improvement of grades BM exams taken in the 1st exam period, can be retaken in the 2nd exam period Not possible Orientation Session / Dr. Sabine Hübner-Monien

Examinations there are two examination periods for each module The first examination period begins shortly after the end of the semester The second period precedes the start of the following semester students can choose the examination period in which they want to take their exam but: grades for basic modules can be improved only if the exams were taken in the first exam period students usually take four exams per semester the exact dates are provided by the Economics Examination Office (VWL Prüfungsamt) Orientation Session / Dr. Sabine Hübner-Monien

Dates and Deadlines Orientation Session / Dr. Sabine Hübner-Monien

Registration with the Examination Office
After your registration with the examination office (Prüfungsamt), you can register for exams online through Basis and print your own transcripts Registration for Master students will take place on Tue, Dec. 11, 2:00 pm – 4:00 pm Thu, Dec. 13, 2:00 pm – 4:00 pm at the examination office (Prüfungsamt) Juridicum, Room 20-22 without registration you can neither register for nor take exams Please bring: completed appli-cation form CV with photo your student ID certified copies of the originals of your bachelor degree and transcript your English test scores Orientation Session / Dr. Sabine Hübner-Monien

Transfer of Credits Credits earned in addition to the degree that granted you admission to the Master in Economcis, i.e. in Master programs at German universities or universities abroad can be transferred on application Credits will be transferred if there are no substantial differences between the classes you have taken and the classes in our Master program If you have earned credits/taken exams in another Master program and would like to transfer the credits, make sure to take all relevant documents to the Examination Office (Prüfungsamt) on Monday, October 22, 2:00 - 4:00 pm, Rooms 20-22 Orientation Session / Dr. Sabine Hübner-Monien

Transfer of Credits Documents Needed: Credit Transfer Form Detailed Course Descriptions Bachelor degree certificate/transcript If you file an application for the transfer of credits, you will also register with the Examination Office, so please also bring all other documents along Orientation Session / Dr. Sabine Hübner-Monien

Registration for exams
students register for exams through BASIS The registration period for exams is announced on the pages of the Examination Office (Prüfungsamt) under the heading Dates and Times (Termine) (Schedule winter semester 2018/19) / (Terminplan WiSe 2018/19) Orientation Session / Dr. Sabine Hübner-Monien

Registration for exams Schedule Winter 2018/2019
For more information, please check the Preliminary Schedule WiSe 2018/ (Terminplan) on the internet page of the examination office (VWL Prüfungsamt): Jan 11 – Jan 17: Registration for the first exam period Jan 21 Last day to cancel registrations (Jan 28 – Feb 13): First exam period Mar 01 – 07 Registration for the second exam period Mar 11 (Mar 18 – 29): Second exam period Orientation Session / Dr. Sabine Hübner-Monien

Registration for exams
Registration for exams can be cancelled online through Basis during the registration period Students are required to check whether their registrations and cancellations have been registered correctly. Changes will not be possible after the registration/cancellation deadline To be able to prove that you have registered for an exam or withdrawn from an exam, please print or save the pdf-file that lists all exam registrations If you want to take exams form the Research Master, you will not be able to register online. Please contact the exam office during the registration period and they will register you. Orientation Session / Dr. Sabine Hübner-Monien

Withdrawing from an examination because of Illness
Students who are unable to take an exam because they are ill, need to: not appear for the exam immediately submit a brief informal written request to cancel their registration specifying the examination(s) they want to withdraw from to the Prüfungsamt submit a doctor’s certificate including information about the kind, severity and duration of your illness Orientation Session / Dr. Sabine Hübner-Monien

Withdrawing from an examination because of Illness

Academic calendar Winter Semester 2018/19 8 October 2018 – 1 February 2019 Dies Academicus 5 December 2018 Christmas Break 22 December 2018 – 5 January 2019 Summer Semester 2019 1 April 2019 – 12 July 2019 Pentecoast Break tba Winter Semester 2019/20 7 October 2019 – 31 January 2020 Summer Semester 2020 Orientation Session / Dr. Sabine Hübner-Monien

After Your arrival in Bonn
Master of Science in Economics After Your arrival in Bonn

Registration at the City of Bonn Bürgeramt Bonn
After moving into your dorm or apartment you have to register with the city of Bonn - Einwohnermeldeamt within the first two weeks Appointments can be made online ( Bürgeramt Bonn, Berliner Platz 2, Bonn Hours: Mo./Thu. 8:00 a.m. – 6:00 pm, Tue./We./Fr.: 8:00 a.m.- 1:00 p.m. In order to register you need the following documents: passport or ID a copy of your rental contract Orientation Session / Dr. Sabine Hübner-Monien

Registration at the City of Bonn Bürgeramt Bonn
After your registration you will receive the following documents: Vouchers - free entrance or discount for museums and theaters in Bonn Meldebescheinigung - confirmation of registration with the City of Bonn, which you will need to open a bank account and to register at the immigration/alien’s office (Ausländeramt) Orientation Session / Dr. Sabine Hübner-Monien

Opening a bank account Recommended because most payments (rent, student fee, health insurance fee) are made via bank transfer Generally free of charge for students (please ask about conditions) For opening a bank account you need the following documents: passport or ID card Meldebescheinigung (confirmation of registration with the City of Bonn) student ID Orientation Session / Dr. Sabine Hübner-Monien

Registration with the ausländeramt
International students from non-EU countries need to apply for a residence permit at the Immigration/Alien’s Office (Ausländeramt) Please bring: application for a residence permit valid passport biometric passport photo visa, if necessary registration certificate from the University Meldebescheinigung (registration certificate, City of Bonn) proof of sufficient funding for your studies proof of health insurance coverage fee of € Orientation Session / Dr. Sabine Hübner-Monien

Studying Abroad

Studying abroad Erasmus
Study at European partner institutions of the Department of Economics Belgium: Katholike Universiteit Leuven Czech Republic: Charles University Prague Denmark: Copenhagen Business School France: ENSAE, Paris (Master Students only) Université de Toulouse Netherlands: Tilburg University Austria: Universität Wien Luxemburg: Université du Luxembourg Italy: Universita degli Studi di Siena Universita degli Studi di Padova Orientation Session / Dr. Sabine Hübner-Monien

Studying abroad direct exchange
Study at international partner universities of the University of Bonn, e.g. in Australia, Japan, USA, Canada and other countries, more information at the International Office Information session: Thu, October :00-6:00 pm Sitzungszimmer der Fakultät (past the mail boxes) Application Deadlines - academic year 2019/20: ERASMUS: February 2019 Direct Exchange: 15 November 2018 (USA, Canada) November 2018 (Asia) February 2019 (Mexico, Chile, Brazil) Orientation Session / Dr. Sabine Hübner-Monien

Master/phd Program at the University of Notre dame
Master of Science in Economics Master/phd Program at the University of Notre dame

Master/PHd program at the university of notre dame
Program offers one outstanding Master student the opportunity to earn an additional Master degree in the U.S. and to enter Notre Dame’s PhD program Student will take three year-long courses in Macroeconomics, Microeconomics and Econometrics at Master/PhD level. Upon passing the comprehensive exams at the Master level or above, the student will receive a Master degree from ND Upon passing the comprehensive exams at the PhD level, the admitted student will have the option to continue PhD studies at ND Orientation Session / Dr. Sabine Hübner-Monien

Master/PHd program at the university of notre dame
Partnership entails a tuition waiver and a stipend (currently $19,000 per year), which requires up to 18 hours of service per week More details on the program: If you are interested, please submit your application to by 15 February 2019 Orientation Session / Dr. Sabine Hübner-Monien

Studying And Living in BOnn
Master of Science in Economics Studying And Living in BOnn

libraries Universitäts- und Landesbibliothek Bonn Staatswissenschaftliches Seminar seminar-en?set_language=en Orientation Session / Dr. Sabine Hübner-Monien

Library Card, copy card, mensa card
library of economic department: bring your student ID and a photo University library: bring your passport and student ID mensa card Copy card Orientation Session / Dr. Sabine Hübner-Monien

Uni ID Orientation Session / Dr. Sabine Hübner-Monien

international Students

international Students
Choosing the appropriate course level: If you have prior knowledge of German but do not know your level, please complete the following placement test: Online registration on October 17, 2018, starting at 9:15 am on the following website (the application for a course is binding! Places are limited): In order to be able to register online, you need your student ID number ("Matrikelnummer"). The online registration works on a first come, first served basis. After you have been accepted into the course, you will automatically receive a confirmation via Orientation Session / Dr. Sabine Hübner-Monien

German and international Students
service/international-club/international-club Orientation Session / Dr. Sabine Hübner-Monien

Intercultural trainings
For both German and international students which provide theoretical input which is directly put into practice recommended for staying abroad as well as for studying in Germany take place in the International Club, Poppelsdorfer Allee 53 Registration: ausland/zertifikat-fuer-internationale-kompetenz/interkulturelle-trainings-en October 20-21, (Sat/Sun): English November 10-11, (Sat/Sun): German November 24-25, (Sat/Sun): English December 08-09, (Sat/Sun): German Orientation Session / Dr. Sabine Hübner-Monien

Financing your studies
Students from EU countries: do not need a work permit need to pay taxes and social security contributions if they work for more than 19 hours per week or earn more than 450 Euros per month Students from non-EU countries: usually the permission to work during semester breaks (120 days full time or days part time) is marked in your passport. Students do not require an extra work permit. during the semester students may work up to 10 hours per week Orientation Session / Dr. Sabine Hübner-Monien

Internships While you do an internship, we recommend that you take a leave of absence: Advantages: you retain your student status but the semester does not count (relevant for visa renewal) beratung/studentensekretariat/beurlaubung Orientation Session / Dr. Sabine Hübner-Monien

Jobs for students in bonn
University Links: angebote Job Center Bonn: very good German skills are required Temp work: Students have to register at a temp agency, which will refer you to companies that are looking for temporary labor in factories. Searching for „Studentenjobs Bonn“ online, you will find pages like: Orientation Session / Dr. Sabine Hübner-Monien

Work permit Students from UK, Ireland, France, Netherlands, Belgium, Luxemburg, Spain, Portugal, Italia, Greece, Austria, Denmark, Sweden, Finland, Norway, Iceland, Switzerland, Lichtenstein: No permit needed Students from Estonia, Latvia, Lithuania, Slovakia, Czech Republic, Poland, Greek Part of Cypress, Malta, Slovenia, Romania, Bulgaria, Hungary: Get your permit at Arbeitsagentur (Job Centre) Students from other Countries: Get your permit at Ausländeramt (Immigration Office) Orientation Session / Dr. Sabine Hübner-Monien

VRS semester ticket Takes you through the whole state of North-Rhine-Westphalia… Orientation Session / Dr. Sabine Hübner-Monien

Semester Ticket student ID plus official photo ID = semester ticket Valid 24/7 including holidays You may take a bicycle, another person over 14 years and up to three children (6 to 14 years) from Monday to Friday from 7 p.m. until 3 a.m., also on weekends and public holidays all day until 3 a.m. Orientation Session / Dr. Sabine Hübner-Monien

Questions? Your fellow Master students with a degree from Bonn Dr. Sabine Hübner-Monien Phone: 0228 / Juridicum, Room 0.039 Economic Examinations Office/VWL Prüfungsamt Phone: 0228 / Juridicum, Room 56-60 Economics Student Association Orientation Session / Dr. Sabine Hübner-Monien

How to find the presentation
economics/orientation-session Orientation Session / Dr. Sabine Hübner-Monien

Honeymoon period Culture shock Adjustment Adaption/ Acceptance

juridicum The department of Economics is located in the Juridicum: Adenauerallee 24-42 53113 Bonn Orientation Session / Dr. Sabine Hübner-Monien

Lunch break Juridicum Mensa

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