International and Monetary Economics MIME, Spezialisierter Master, Joint Master
Universität Basel UNIBAS
Universität Bern UNIBE
Description de la branche d'études
A comprehensive understanding of monetary policy, financial markets and their regulatory environment constitutes the core of this master’s program, particularly designed for students with a strong background in quantitative economics. In the context of growing economic globalization, international issues regarding monetary policy and macroeconomics in general are becoming increasingly important. This is particularly the case for small open economies such as Switzerland, a substantial portion of whose income is derived from the export of goods and services as well as from capital earnings. It also applies to the growing integrated market of the European Union, to many emerging economies as well as to large mature economies (such as the U.S.) that are more affected by international developments today than they were in the past. As domestic aspects become relatively less important, it is essential to the economic wellbeing of many countries that competent specialists are trained to focus on aspects of international economics. Especially the recent financial crisis and its effects on economies throughout the world demonstrate how important an efficiently functioning monetary sector is for today’s global economy.
Description de la formation
Focal Area of Teaching and Research
In the field of academic activities described above, the skills to be acquired are clearly outlined. Graduates of the MIME master’s program should
- understand the role of central banks and banking supervision for macroeconomic stability; in particular, with regard to the system’s international embedding;
- understand the role that central banks, banking supervisory and regulatory bodies, as well as private investors (commercial banks, institutional investors etc.) play in the international financial markets;
- have gained the competence to prepare or assess monetary policy decisions based on optimal academic criteria;
- be acquainted with the historical background of international economic developments;
- know the approaches to monetary policy and financial market regulation;
- be equipped to reflect and comment on policy discussions and issues in this context.
The MIME program is not to be seen as competing with the standard master’s program in economics, which both participating universities (Basel and Bern) will continue to offer. It should rather be seen as a supplement for students who, subsequent to obtaining their bachelor’s degree, wish to specialize in the fields mentioned above and gain greater knowledge of quantitative aspects and who, perhaps, envisage doing a doctorate. To get admitted to this master program, it is essential to provide deep and profound knowledge in economics (bachelor with a major in economics) and quantitative methods.
The advantage of this study program is that it trains qualified specialists in a specifically customized field of monetary economics that is increasingly sought after not only in Switzerland but also in the international arena.
Course Structure Master Studies
The study program entails achievements totaling 90 credit points of the European Credit Transfer System (ECTS) and a statutory period of study of three semesters. Part-time study increases the duration of the program accordingly.
Plan de la formation
One ECTS credit point roughly equals 30 hours of studying.
|Curriculum master studies||ECTS|
|Master’s degree program MIME|
|Advanced Topics in Economics||18|
|Core Areas in Monetary Economics||24|
|Areas of Specialization in International and/or Monetary Economics||18|
Combinaison des branches
There is no possibility to combine this master with other master programs.
Lien sur l'admission
Application via the Student Administration Office at the University of Basel or at the University of Bern. For further information, please contact Dr. Beat Spirig: firstname.lastname@example.org. You will find the application set here (also available in English): unibas.ch/application. The registration deadline for the fall term is the 30th of April and for spring term the 30th of November.
The letter of admission also informs students about the procedure of enrollment. In general, students with a Swiss educational background do not have to be present in person for enrollment.
- Master haute école universitaire HEU
Master of Science in International and Monetary Economics
Lieu / adresse
- Bâle (BS)
Début des cours
The masters program is to be started preferably in fall but can also be started in spring term.
Durée de la formation
The master in International and Monetary Economics is designed as a 3-4 semesters program, which requires 90 ECTS points.
- À plein temps
General Information, including the Study Guide for the Master of Science in International and Monetary Economics (MIME) can be found at: wwz.unibas.ch/studium/mime
Renseignements / contact
Jenny Klaus, Peter Merian-Weg 6, 4002 Basel
Beat Spirig, Peter Merian-Weg 6, 4002 Basel