Home
SBE SBE

This outline presents a nominal study plan for students starting their program in academic year 2025-2026.
It is based on the Master Education and Examination Regulations (EER). In case of any discrepancies, the EER is leading!
Over time courses may change their title, the period(s) in which they are offered, or be cancelled.
Please make sure to always do a hard refresh (Shift+Refresh button) on this page so you will see the most recent content.

Master Economic and Financial Research
Specialisation Econometrics 2025-2026

Year 1 Master Economic and Financial Research | Specialisation Econometrics 2025-2026
Year S1 P1 EBC4004 Stochastic Processes EBC4188 Game Theory and Optimisation or Elective or Core Course EBS4044 Computational Research Skills (Research Master) EBS4032 World of Research
P2 EBC4008 Time Series and Dynamic Econometrics or EBC4005 Collective Decision Making or EBC4049 Algorithms and Optimisation Elective or Core Course
P3    
S2 P4 EBC4006 Panel Data Econometrics or EBC4007 Industrial Economics or EBC4051 Advanced Operations Research Elective or Core Course  
P5 EBC4010 Empirical Analysis of Financial Market or EBC4009 Equilibrium Theory and Financial markets or EBC4187 Operations Research Applications Elective or Core Course  
P6      
Year 2 Master Economic and Financial Research | Specialisation Econometrics 2026-2027
Year S1 P1 Elective Elective
P2 Elective Elective
P3 EBS4021 Research Communication Skills  
S2 P4 EMTH0005 Master's Thesis or ETIP0001 Thesis-Internship Programme 1  
P5  
P6 EBS4024 Writing a Referee Report 2

1 Master's Thesis will be registered by the Education and Exams Office once you have completed the prerequisite skill EBS4021.
The Thesis-Internship Programme allows for an alternative way to write your thesis at a company.

2 EBS4024 is only available to Research Master students who are missing 2 ECTS or less in their study plan in order to graduate.
Small ECTS deficits may arise if students have taken courses outside UM with different ECTS per course.

For the full text, see Chapter XIV SBE Master’s study programmes from the Master Education and Examination Regulations for academic year 2025-2026.

The Master’s exam for the study programme Research Master of Science in Economic and Financial Research, specialisation Econometrics is composed of four semesters. The first two semesters of the programme comprise four (4) courses of 6.5 ECTS credits per course, and four (4) elective courses of 6.5 ECTS credits per course, and two (2) compulsory skills trainings of 4.0 ECTS credits per skills training. The third and fourth semester consists of one (1) compulsory skills training of 4.0 ECTS credits, four (4) elective courses of 6.5 ECTS credits per course: these courses are offered at the SBE, or at selected universities (abroad), and in joint graduate programmes in which the SBE participates, and the Master’s thesis of 30.0 ECTS credits. In order to meet the exam requirements within the available space for elective courses as stated in paragraph 3a of this Article, students need to choose eight (8) elective courses from the electives list, as provided in the Outline Study Programmes of the Economics and Financial Research programme as published on SBE Student Intranet. Courses from the BR research master can also be taken as electives upon approval by GSBE and the Board of Examiners. In the fourth semester, an extra skills training of 4.0 ECTS credits is available for students who are missing 2.0 ECTS credits or less to graduate because of the combination of elective courses with different ECTS credits per course.