Master programme in applied economics and advanced analytical methods
120 ECTS credits
Study programme
Are you ready to step into a world where data and economics shape the future? Karlstad Business School's master programme in applied economics and advanced analytical methods gives you the tools to make a difference.
As our student, you will learn to combine economic theory with practical data analysis to aid decision-makers in understanding complex problems and assessing the effects of different actions.
After graduation, you can work in the public sector, business or start your own company - from specialist to broader positions in a range of industries. The possibilities are limitless.
In an era where AI and data analysis are the key to success, Karlstad Business School provides you with the cutting-edge skills that the market craves. Regardless of whether you want to work with environmental issues, health or financial analysis, this is the programme for you.
Karlstad Business School prepares you to face the challenges of the future with confidence and expertise. The job market is expected to be promising with career opportunities both nationally and internationally.
You will have opportunities for traineeships, study abroad, valuable contacts and experiences that prepare you for working life.
The programme also has an option to complete a one-year master level programme, if you prefer. This gives you the flexibility to tailor your education to your needs and goals. Throughout, you will collaborate with stakeholders and potential employers, strengthening your ties to working life.
Apply now and be a part of the future economic elite. Your journey towards an exiting career starts here! The programme does not only provide you with theoretical knowledge but also practical skills that makes you an attractive future employee.
As our student, you will learn to combine economic theory with practical data analysis to aid decision-makers in understanding complex problems and assessing the effects of different actions.
After graduation, you can work in the public sector, business or start your own company - from specialist to broader positions in a range of industries. The possibilities are limitless.
In an era where AI and data analysis are the key to success, Karlstad Business School provides you with the cutting-edge skills that the market craves. Regardless of whether you want to work with environmental issues, health or financial analysis, this is the programme for you.
Karlstad Business School prepares you to face the challenges of the future with confidence and expertise. The job market is expected to be promising with career opportunities both nationally and internationally.
You will have opportunities for traineeships, study abroad, valuable contacts and experiences that prepare you for working life.
The programme also has an option to complete a one-year master level programme, if you prefer. This gives you the flexibility to tailor your education to your needs and goals. Throughout, you will collaborate with stakeholders and potential employers, strengthening your ties to working life.
Apply now and be a part of the future economic elite. Your journey towards an exiting career starts here! The programme does not only provide you with theoretical knowledge but also practical skills that makes you an attractive future employee.
Education level:
Master's level
Prerequisites
A Degree of Bachelor of at least 180 credits, of which 90 credits are in Economics as the main field of study. Upper secondary school level English 6. Equivalence assessment can be made.
While studying
Education
The master programme in applied economics and advanced analytical methods comprises two years of full-time study (120 credits). There is also the option to complete the programme with a master level degree after one year of full-time study (60 credits).The overall focus is on applied economics. During the first semester, students take courses with a focus on methods in applied economics and advanced data analysis (econometrics). This semester is identical regardless of whether the student chooses to conclude with a 2-year master's (120 credits) or a 1-year master's (60 credits). In the second semester, students take courses that connect advanced analytical methods to their applications in various economic areas. Students choose the applications that best suit their interests, such as finance. For students who choose to conclude with a 1-year master's (60 credits), the semester ends with an independent project of 15 credits, while those choosing to conclude with a 2-year master's (120 credits) study theory courses of 15 credits. During the third semester, students choose to specialise in methods for applied economics and advanced data analysis, or to do a placement. The third semester also offers an opportunity to study abroad. In the fourth semester, students complete an independent project of 30 credits.
Form of Instruction
Students have an active role in the learning process and through independent assignments. In addition to lectures and exercises, teaching also consists of seminars based on written and oral presentations with a special focus on critically discussing methods, theories and assumptions.Course of study
| Semester 1 | ECTS credits |
|---|---|
| Behavioural Economics (Obligatory) | 7.5 |
| Economic Policy Evaluation (Obligatory) | 7.5 |
| International Macroeconomics (Obligatory) | 7.5 |
| Applied Econometrics (Obligatory) | 7.5 |
Total ECTS credits:
30
| Semester 2 | ECTS credits |
|---|---|
| Public Economics and Politics (Elective) | 7.5 |
| Portfolio analysis (Elective) | 7.5 |
| Corporate finance (Elective) | 7.5 |
| Environmental and Natural Resource Economics (Elective) | 7.5 |
| Price Theory (Elective) | 7.5 |
| Labour economics (Elective) | 7.5 |
| Financial risk management (Elective) | 7.5 |
| Advanced macroeconomics (Elective) | 7.5 |
Total ECTS credits:
30*
| Semester 3 | ECTS credits |
|---|---|
| Optional course (Optional) | 7.5 |
| Causal inference (Elective) | 7.5 |
| Industrial organisation and business strategies (Elective) | 7.5 |
| Placement: Economics (Master's level) (Elective) | 15 |
| Time series analysis (Elective) | 7.5 |
Total ECTS credits:
30*
| Semester 4 | ECTS credits |
|---|---|
| Economics - two-year master thesis (Obligatory) | 30 |
Total ECTS credits:
30
*Full-time study always equals 30 ECTS credits per semester (20 weeks).
Please note - not all programmes offer elective or optional courses.
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.
Future prospects
Degree
Students who have already completed a Degree of Bachelor of Science in Business and Economics will be awarded the following degree title: Degree of Master of Science in Business and Economics (60 credits) Main field of study: EconomicsDegree of Master of Science in Business and Economics (120 credits) Main field of study: Economics
Students who have already completed a Degree of Bachelor of Science with Economics as the main field of study will be awarded the following degree title: Degree of Master of Science (60 credits) Main field of study: Economics
Degree of Master of Science (120 credits) Main field of study: Economics
Students who have already completed a Degree of Bachelor of Science in Political Sciences with Economics as the main field of study will be awarded the following degree title: Degree of Master of Political Sciences (60 credits) Main field of study: Economics
Degree of Master of Political Sciences (120 credits) Main field of study: Economics
Tuition fees
- Total fee: 200,000 SEK
- Per semester / First payment: 50,000 SEK
You do not have to pay tuition fees if you are an exchange student or a citizen of a country within the European Union (EU), the European Economic Area (EEA), or Switzerland.
Choose occasion
Campus (Karlstad), 100%
Options
- Start Autumn 2026
- Mode of study Campus (Karlstad)
- Language English
- Application code KAU-80755
- Study pace 100% (Day)