MA in Applied Economics 2016, Czech Republic

Publish Date: Feb 05, 2016

Deadline: Mar 31, 2016

For one year you will be part of an international student community in Prague, gaining hands-on tools to work on real-world economics issues and policies in both business and public sectors, while enjoying the benefits of studying at a top economics research institution. The Master of Arts in Applied Economics degree empowers you with knowledge and skills to help you start a career in finance, economics or consultancy, to set up your own business or to pursue managerial positions.

Graduates of the MA in Applied Economics program will know how to:

  • Approach difficult problems with an analytical mindset
  • Design solutions that convincingly use data and evidence
  • Understand, analyze, and interpret quantitative and qualitative data, based on a firm understanding of economic foundations
  • Efficiently communicate their findings
  • Collaborate in teams and in international environments
  • Critically think about their future and prepare a career plan for their years after graduation

Our students most often give the following 7 reasons for why they like the program:

  1. The program is in English
  2. Real-life applications: the curriculum is firmly grounded in real-life applications, from extensive experience with data analysis to real-life project seminars.
  3. Prestige: CERGE-EI is a top European institute with professors who publish with Nobel Prize winners
  4. Small class setting and family-like atmosphere: Professors and expert professionals know each student well and the staff offers personalized and friendly student support
  5. Fast track: Three semesters completed in one year, allowing a faster career start
  6. International student community: students from over 30 countries currently roam our halls
  7. Place: Prague is a safe and vibrant European metropolis. CERGE-EI is housed in an historical building near Wenceslas Square.

The MA in Applied Economics is a US degree, nostrificated in the Czech Republic by Masaryk University.

Program Details

The MA in Applied Economics program reflects the increasingly significant role that economics plays in today’s world. It combines theoretical mathematics-based economics with real-life applications. You will develop your ability to apply economic reasoning to real-world business and public policy issues, and expand your skills in data analysis and interpretation.

During your studies you can specialize in financial economics, public policy,macroeconomics and forecasting or corporate economics. You will gain analytical skills and learn to solve practical problems while earning the Master of Arts in Applied Economics degree in one year. After graduation you will be well prepared to take up a challenging position as an analyst, economist or consultant in either the private or public sector, to pursue managerial positions or to set up your own business.

Academic Calendar

The program is divided into three semesters, each 12 weeks long. You will study full-time for one year. If you are interested in a part-time option, contact us at Please note, however, that the Fall Semester is very difficult to do part time.

November 30 Early Application Deadline
March 31 Regular Application Deadline
July and August Online Preparatory Semester
Mid-September to mid-December Fall Semester
Mid-December to mid-January Winter Break
Early January to beginning of April Spring Semester
Beginning of April to mid-April Spring Break
Mid-April to mid-July Summer Semester
End of July Graduation


The MA in Applied Economics is a tuition-based program. In addition to the tuition payments, you are expected to cover your own living expenses.

Tuition level for the full MA in Applied Economics program depends on the admissions round:

Admission Round Application Deadline Tuition
Early 30 November, 2015 7,500 USD
Regular 31 March, 2016 9,500 USD
Late Rolling admissions after 31 March 11,500 USD




Exceptionally well-prepared applicants are eligible for partial scholarships. Scholarship decisions are made by the Admissions Committee based on submitted documents and interview results. There is no special application to obtain a scholarship.

Scholarships are given in the form of tuition discounts for exceptionally well-prepared applicants, based on a complete application package (no special procedure to apply for a discount). The lowest tuition level is 7,000 USD. Full scholarships are not available.

It is possible for students to obtain bank loans and other support for study. The MA in Applied Economics program staff will be happy to provide documents required to apply for a study loan upon request.


Since its inception in 1991, CERGE-EI has educated students from 43 countries on 5 continents in modern economics. The graduate programs portfolio includes a career-oriented MA in Applied Economics - and a theoretical, academia-oriented PhD in Economics. We also offer a Visiting Master's scheme for Master students from other universities who are interested in taking some PhD courses at CERGE-EI during their studies.

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