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Applied Economics

Field of study:
Economics
Type:
Graduate (Master)
Field of study:
Duration of study:
2 years (4 semesters)
Mode:
full-time
Now also available online
Obtained title:
master
Language:
Polish | English
https://vizja.pl/en/specjalizacja/ekonomia-stosowana/|https://vizja.pl/en|ekonomia-stosowana
PolishEnglish

Why choose this field of study?

Do you wish to obtain advanced knowledge in economics? Do you want to actively influence social and economic processes in the country and the world through your professional activity, and at the same time – make a good living? By taking the Applied Economics specialization at the University of Economics and Human Sciences in Warsaw, you will develop the competencies that enable you to develop your dream career and earn the high salaries that economists enjoy. The graduate program in this specialization is an option for those who completed the undergraduate program in Economics and related fields (e.g., Finance and Accounting, Business Analytics, Banking, Management), who wish to obtain a master’s degree in Economics and specialize in the ability to implement the principles of this science in social, economic, and political life.

Graduating from Applied Economics at UEHS is a sure step toward advancing into managerial positions and gaining higher salaries and new growth prospects. The program will allow you to expand your qualifications with knowledge of specialized issues in modeling economic processes, analyzing phenomena or forecasting changes in specific areas, such as development economics, health economics, education economics or monetary economics. The specialization is a continuation of the specialization module offered in the final year of the undergraduate program in Economics.

Applied Economics – what sets us apart:

  • You will learn how to implement strategies based on economic theory in various sectors of economic and social life.
  • You will gain competence to work in positions related to financial and economic policy.
  • You will learn about the broad career prospects offered by a master’s degree in applied economics.
  • You can also study online, which will make it easier for you to balance your studies and work or personal obligations.
  • You will gain knowledge from lecturers and practitioners with many years of experience in the field of economics, business, or management.
  • Moreover, you will be a part of an international environment, alongside other ambitious students from all over the world (UEHS was recognized as the most internationalized university in Poland by the Perspektywy University Ranking).

Applied Economics – what can you do after graduation?

As a graduate in Applied Economics at UEHS, you can apply for specialized and managerial positions related to forecasting, analysis, and economic consulting. You will use your competencies in areas such as:

  • economic, financial, social policy
  • public and private sector economics
  • business consulting, investment consulting
  • banking, finance, auditing, controlling
  • domestic and international trade

You can also start your own business or consulting business, or even work in the media as a journalist or economic commentator.

This program
is for you if:

You are interested in economic policy and the implementation of economic principles in society.

You want to have a real impact on the formation of economic processes and policies on a national and international scale.

You are already working in a position related to economic education and want to effectively improve your skills.

Programme and structure of studies

Graduate studies
(master’s degree)

credits
120 ECTS credits
(European Credit Transfer and Accumulation System)
they last
3 years (6 semesters)
concluded with obtaining
a master's degree

The curriculum of the graduate program in Applied Economics focuses on the directional subjects of international economics, economic policy, or process modeling and business decision support. Graduates acquire the knowledge and skills necessary to implement economic principles in political, economic, and social life.

FIRST YEAR OF STUDY

In the first year, students explore knowledge in their field-specific and specialization courses. They also participate in a master’s seminar, in preparation to write a thesis the next year.

SEMESTER I
Subject name Cummulative amount of ECTS points Lecture method Cummulative amount of hours (FT/PT)
OHS 0 L 8/8
INTERNATIONAL ECONOMICS 4 L 30/16
SOCIAL STATISTICS 4 T 30/16
FINANCIAL MARKETS - REGULATION AND SUPERVISION 4 L 30/16
DEVELOPMENT ECONOMICS 5 L 30/16
ECONOMICS OF EDUCATION 5 L 30/16
MANAGERIAL DECISION SUPPORT 3 D 30/16
BUSINESS ETHICS 2 D 30/16
COMMUNICATIONS AND SOCIAL MEDIA 3 T 30/16
SEMESTER II
Subject name Cummulative amount of ECTS points Lecture method Cummulative amount of hours (FT/PT)
FOREIGN LANGUAGE 2 LEKT 30/16
BUSINESS CYCLE THEORIES 4 L 30/16
DERIVATIVES MARKET 4 L, T 30/18
MACROECONOMIC MODELING 4 L, T 60/32
HEALTH ECONOMICS 5 L 30/16
MONETARY ECONOMICS 5 L, T 30/18
THE PSYCHOLOGY OF MONEY AND FINANCIAL BEHAVIOR 3 D 30/16
MASTER’S DEGREE SEMINAR 3 SEM 30/16

L – lecture, T – tutorial, D – discussion, SEM – seminar

SECOND YEAR OF STUDY

The second year of study is a time to expand knowledge of further directional and specialty issues and to continue the master’s seminar. After writing a master’s thesis and passing the diploma exam, graduates receive a master’s degree in economics.

SEMESTER III
Subject name Cummulative amount of ECTS points Lecture method Cummulative amount of hours (FT/PT)
FOREIGN LANGUAGE 2 D 30/16
METHODS OF COMPARING ECONOMIC SYSTEMS 4 L 30/16
GENERAL EQUILIBRIUM MODELS 5 L, T 60/32
ECONOMICS OF INEQUALITY 4 L 30/16
ECONOMY OF CITIES 5 L 30/16
HOUSEHOLD ECONOMICS 5 D 30/16
MASTER’S DEGREE SEMINAR 5 SEM 30/16
SEMESTER IV
Subject name Cummulative amount of ECTS points Lecture method Cummulative amount of hours (FT/PT)
METHODOLOGICAL DILEMMAS AND CHALLENGES OF ECONOMICS 4 L 30/16
ECONOMIC POLICY 4 L 30/16
BUSINESS PROCESS MODELLING 4 D 30/16
WELFARE ECONOMICS 5 L 30/16
DIGITAL ECONOMY 5 D 30/16
MASTER’S DEGREE SEMINAR AND PREPARATION FOR THE DIPLOMA EXAM 8 SEM 60/32

L – lecture, T – tutorial, D – discussion, SEM – seminar

Tuition fees

Fixed tuition - flexible payments

By choosing to study at UEHS, you can be sure that the tuition fee will not change throughout the duration of your studies. You can pay the tuition fee once for the entire year of study or spread over a semester payment. This allows you to decide how you want to plan your expenses.

Fees (academic year 2024/2025)

EU&OTHER COUNTRIES GROUP
Year of study Annually Per semester*
I 2900 € 1600 €
II 2900 € 1600 €

*Semester payment is possible from the second year of studies.

OTHER COUNTRIES
Year of study Annually Per semester*
I 3900 € 2100 €
II 3900 € 2100 €

*Semester payment is possible from the second year of studies.

EU and other countries group
This group includes citizens of the countries member states of the European Union and the following countries citizens: Azerbaijan, Belarus, Bosnia and Herzegovina, Montenegro, Georgia, Kazakhstan, Kosovo, Kyrgyzstan, Latin America, Macedonia, Moldova, Russia, Serbia, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan.

Other countries
The citizens of all the remaining countries.

Scholarships - easier than you think

scholarship program

While studying at UEHS, you can take advantage of a wide range of financial support from the state budget and European funds, as well as benefit from special discounts with UEHS discount program

You can submit most scholarship applications quickly and easily through your online account.  

Scholarship
The scholarship may be awarded to any student who obtained an average grade not lower than 4.5 in a academic year given.

In the academic year 2022/2023, the University of Economics and Humanities in Warsaw awarded 350 Rector’s Scholarships, ranging from PLN 525 /month to PLN 1025 /month, depending on the average or achievements. For outstanding sport, artistic or scientific achievements, the Scholarship Committee awarded scholarships of PLN 600 /month.

Detailed information on the possibility of applying for the Rector’s Scholarship is available in the “MojeAEH” system.

Sports scholarships

A sports scholarship may be awarded to a student who excels in sport achievements at least national level. In addition we also encourage our students to take part in additional support programs- eg. the National Academic Representation.

Young sportsmen can count on financial support in the amount of PLN 600 /month.

Detailed information on the possibility of applying for sports scholarship is available in the “MojeAEH” system.

Special scholarships for disabled people

A scholarship for people with disabilities may be awarded to a student who has a disability certificate, a disability degree certificate, a ZUS certifying physician’s certificate, a disability group certificate or a certificate of permanent or long-term incapacity to work on a farm.

In the 2022/2023 academic year, depending on the degree of disability, 150 scholarships for people with disabilities were awarded, ranging from PLN 1275 /month to PLN 1575 /month.

Detailed information on the possibility of applying for a scholarship for people with disabilities is available in the “MojeAEH” system.

Allowances

The allowance is a form of emergency financial assistance. Any student who found himself temporarily in a difficult life situation resulting from random events beyond the student’s control can apply for it.The allowance may be granted twice in one academic year, and the allowance is not granted twice for the same random event. Difficult life situations caused by the COVID-19 pandemic are an exception.

In 2021, we granted 40 allowances for a total of PLN 197,200. The allowances, depending on the student’s situation, were paid in the amount of PLN 3,000 to PLN 5,000 at a time.

Detailed information on the possibility of applying for the allowance is available in the “MojeAEH” system.

This is what makes us different

2022/2023 academic year
355 Rector’s Scholarships
179 social scholarships
181 scholarships for people with disabilities

PLN 1,890,289.35 was spent in 2019/2020 on scholarships
PLN 2,911,662.50 was spent in 2020/2021 on scholarships
PLN 4,158,177.00 was spent in 2021/2022 on scholarships
PLN 7,829,950.00 was spent in 2022/2023 on scholarships

Rector’s Scholarship – highest average: 5,44