The English-taught master’s programme in Quantitative Economics gives students strong preparation in contemporary economic theory and econometric analysis methods enabling them to analyze and forecast economic processes.
After completing the programme, the student:
The objective of the curriculum is to prepare highly qualified analysts for the government agencies, banks, international organizations and consultancy firms, filling top positions that require a detailed understanding and application of economic models and econometric methods.
Graduates are competitive as analysts in public sector, financial sector, multinational companies, consultation firms etc.
The tuition fee for fee-paying students on this programme is 3400 euros per year. Note that tuition fees can only be paid once the new semester officially begins.
Altogether 25 study places are available on the programme. On the basis of the admission results, 22 best applicants will be given tuition-waiver scholarships. Applicants do not have to apply for the tuition-waiver separately, as they will be considered automatically for the competition.
Information about the rules and conditions for tuition-waiver scholarships as well as tuition fee payments is given here.
Information about other scholarships is available here.
The programme is delievered in cooperation with Bank of Estonia and Swedbank, the biggest bank in Estonia. These are the benefits to the student:
"I have always had a keen interest in Economics, even though my major of Bachelor was not in that field. During my exchange study at the University of Tartu, I was trying to be more and more close to my goal, then I found Quantitative Economics programme, which is what I am interested in and also can help me to achieve my pursuit in career. That’s why I am now taking this programme and enjoying to conquer every challenge and difficulty I meet."
Tingting, International Student Ambassador from China
Contact International Student Ambassadors to enquire about the life in Tartu.
In order to get more information about the current and past students, please check the Quantitative Economics students’ blog.
"The programme offers internationally competitive master's-level economic education. The teaching staff will involve graduates of the high-standing international economics PhD programmes and leading economists of Estonia. Due to close international contacts and active research activities at national and international level at the faculty, students can get actual research experience or apprenticeship training in Estonian financial and public sector institutions."
Jaan Masso, PhD, Programme Director
"The programme aims to bring international dimension into academic studies and develop students’ skills in quantitative economic analysis. Thus the curriculum is of great benefit for both Eesti Pank (Bank of Estonia) and other institutions (primarily ministries) involved in economic analysis and surveys."
Ardo Hansson (PhD, Harvard University), Governor of Eesti Pank (Bank of Estonia), member of the Governing Council of the European Central Bank
"A substantial number of Swedbank employees have a background in economics either from Tallinn University of Technology or from the University of Tartu. The Master's programme in Quantitative Economics enables us to fill a gap - we need analysts with strong mathematical background who would also display a profound knowledge in economics."
Heiki Raadik, Swedbank, Executive Manager of Corporate Banking
Quantitative Economics, University of Tartu