Programme in Business and Economics
Economists are active in all sectors of the employment market and are trained to understand and analyse complex economic situations. Most economists work in the private sector, primarily in commerce and industry, but also in public agencies, municipalities, county councils and other organisations. More than one out of three economists work in the manufacturing, wholesale and retail industry. Typical professional roles are, for instance, controller, accountant, auditor, comptroller, financial manager. Other job opportunities are in banking, business development, consultancy, and teaching. Many companies today are headed by an economist and many economists choose to run their own business.
General admission requirements, plus either
- field-specific eligibility A4 (Mathematics 3b or 3c, Social Science 1b or 1a1 + 1a2), or
- field-specific eligibility 4 (English B, Mathematics C, Social Science A).
Students specialising in financial economics must verify Mathematics 3c or Mathematics D eligibility before the course start.
EducationIn the first three terms, students take the same courses to ensure that programme graduates from Karlstad have a common broad base in the economic sciences. Students then move on towards a major in business administration or economics. In term six, business majors can choose to specialise in accounting and control, marketing, or service management. The concluding term is spent on the degree project in the chosen specialisation.
Instruction is designed and organised to give students opportunities to develop the skills and abilities specified in the programme aims, for instance, in the form of laboratory exercises and case studies presented orally and in writing. In addition, there are lectures and exercises.
The programme design also allows students to study abroad for a term.
Form of InstructionThis is a full-time study programme. The number of scheduled sessions varies and many courses include seminars and project work. Students are required to participate actively in course work as well as study extensively on their own.
Study AbroadKarlstad University has exchange programmes with many universities around the world, giving students the chance to study abroad for a period.
Professional ContactThroughout the programme, students will be given the opportunity to meet various representatives of the business world or public agencies as guest lecturers, or contributing in other ways.
Course of study
|Semester 1||ECTS credits|
|Business Administration I (Obligatory)||30|
|Semester 2||ECTS credits|
|Semester 3||ECTS credits|
|Introduction to Commercial Law (Obligatory)||15|
|Semester 4||ECTS credits|
|Business Administration II (Obligatory)||30|
|Economics - continuation course (Obligatory)||30|
|Semester 5||ECTS credits|
|Tax Law I (Obligatory)||15|
|Management control (Obligatory)||7.5|
|Financial Accounting III (Obligatory)||7.5|
|Financial Markets, Risk and Insurance (Obligatory)||7.5|
|Quantitative methods for financial economics (Obligatory)||7.5|
|Marketing Strategies (Obligatory)||15|
|Market and Commercial Law I (Obligatory)||15|
|Service management (Obligatory)||15|
|Applied Econometrics (Obligatory)||7.5|
|Optional course (Obligatory)||15|
|Scientific Methods in Economics (Obligatory)||15|
|Semester 6||ECTS credits|
|Labour economics (Obligatory)||7.5|
|Financial Accounting II (Obligatory)||7.5|
|Corporate finance (Obligatory)||7.5|
|Commercial Law (Obligatory)||15|
|Environmental and Natural Resource Economics (Obligatory)||7.5|
|Public Economics and Politics (Obligatory)||7.5|
|Portfolio Analysis (Obligatory)||7.5|
|Financial Risk Management (Obligatory)||7.5|
|Statistics - continuation course for business administration (Obligatory)||15|
|Scientific Methods in Business Administration (Obligatory)||15|
|Semester 7||ECTS credits|
|Advanced service management (Obligatory)||15|
|Behavioural Economics (Obligatory)||7.5|
|Business Marketing (Obligatory)||15|
|Economic Policy Evaluation (Obligatory)||7.5|
|Sustainable Business and Leadership (Obligatory)||15|
|International Financial Accounting (Obligatory)||7.5|
|International Macroeconomics (Obligatory)||7.5|
|Course according to profile (Obligatory)||7.5|
|Accounting and Control (Obligatory)||7.5|
|Optional course (Obligatory)||15|
|Semester 8||ECTS credits|
|Business Administration - Degree Project, Master of Science in Business and Economics (Obligatory)||30|
|Economics - Degree project Master of Science in Business and Economics (Obligatory)||30|
*Full-time study always equals 30 ECTS credits per semester (20 weeks).
Elective course: Students are free to choose among certain alternative courses, often depending on their choice of specialisation.
Optional course: Students are free to choose any course offered at Karlstad University or at other universities. Courses listed are examples of recommended or frequently chosen courses for a specific programme.
Läsårs- och programvärderingar
Start semester Autumn 2012
Start semester Spring 2013
Start semester Autumn 2013
Start semester Autumn 2014
Start semester Autumn 2015
Employment MarketEconomists are active in all sectors of the employment market and are trained to understand and analyse complex economic situations. Most economists work in the private sector, primarily in commerce and industry, but also in public agencies, municipalities, county councils and other organisations. More than one out of three economists work in the manufacturing, wholesale and retail industry. Typical professional roles are, for instance, controller, accountant, auditor, comptroller, financial manager. Other job opportunities are in banking, business development, consultancy, and teaching. Many companies today are headed by an economist and many economists choose to run their own business.
DegreeSuccessful students are awarded a Master's of Science in Business and Economics 240 ECTS credits.
The degree certificate will also state the student's choice of one of the following specialisations: Accounting and Control, Marketing, Service Management, or Economics.
After consultation with the programme director, students can leave after three years with a Bachelor's degree, if they wish.
Ingrid IvarsName: Ingrid Ivars
Current location: Hammarö
Graduation year: 1989
Degree: In Business and Economics with a Marketing specialisation
Current work: Managing Director, Cream International AB
Previous work: Trade and Industry Director, Karlstad Municipality and Head of HR, Stora Enso
Comment: Good education for many career opportunities. Karlstad was a wonderful student city.
Stefan OlssonName: Stefan Olsson
Graduation year: 1988
Degree: Incomplete¬?thesis not yet submitted for approval
Current work: Captain of the Swedish Athletics Federation National Team
Previous work: Head of Office, Göta Friidrott and Club Manager, Karlstad Golfklubb
Comments: On the whole, very good! I chose the entrepreneur specialisation, which was a new programme at the time, so there were some initial shortcomings, but these were greatly compensated for by the enthusiasm and unity in the group.