Quantitative Methods in Economics
Graduate (Master)
Economics
Why choose this field of study?
Are you fascinated by the research and analytical tools used to describe phenomena in economics? Do you want to specialize in forecasting and modeling economic processes based on mathematics, statistics, econometrics, and computer science? Do you want to gain analytical skills – so highly sought after and valued by employers? Your development in this direction will be made possible by studying the specialization Quantitative Methods in Economics, available as part of the graduate program in Economics at the VIZJA University. The program includes specialized courses that will equip you with extensive knowledge an economist, based on demanding but practical analytical skills.
The program is dedicated to undergraduates of Economics and related fields of social sciences or mathematics, who want to obtain a Master’s degree in Economics and develop or advance in specialized and managerial positions. As a graduate of this specialty, you will improve your competence in interpreting and forecasting economic phenomena based on your knowledge of the tools used in modern economics. The Quantitative Methods in Economics specialization at VIZJA University continues the specialization module offered in the final year of the undergraduate program in Economics.
Quantitative Methods in Economics – what sets us apart:
- You will gain the competencies to work in positions related to advanced economic and business analytics.
- You will be taught by expert lecturers with impressive academic and practical achievements.
- You will be taught how to support economic strategies and business decisions based on statistics and data.
- You can study at your convenience – full-time, part-time or online.
- We will show you the broad career prospects that open up for graduates of the Quantitative Methods in Economics specialization
- You will study and exchange experiences with students from all over the world! (VIZJA University was recognized as the most internationalized university in Poland by the Perspektywy University Ranking)
Quantitative Methods in Economics – what can you do after graduation?
After completing the graduate program with a specialization in Quantitative Methods in Economics, you can advance or be promoted in such positions as:
- financial analyst
- investment, economic advisor
- business analyst
- specialist or manager in economic forecasting, fund management, statistical analysis, insurance
- many other professions requiring knowledge of methods and tools for forecasting and describing economic phenomena and processes
You will use your competencies to work in state institutions, as well as in local and international companies (e.g., in trade, finance, marketing departments). Or you can start your own business or consulting business and consciously develop it based on sound economic knowledge.
This program
is for you if:
You have mathematical and analytical skills.
You want to professionally deal with economic, financial, and business decisions based on data and statistical models.
You already have a bachelor’s degree in economics or a related field and want to improve your skills and gain new career prospects.
Admission rules and regulations
Note: important information for 2025 candidates
Please read carefully the application procedures in line with the changes introduced by the Polish Ministry of Science and Higher Education in 2025.
Programme and structure of studies
Graduate studies
(master’s degree)
The graduate program in the specialty of Quantitative Methods in Economics offers directional subjects aimed at deepening specialized knowledge of economics in micro- and macro-economic terms. It focuses on providing students with practical knowledge of the tools and methods used for quantitative analysis in economics.
FIRST YEAR OF STUDY
The program of the first year of study includes field-specific and specialization courses discussing the principles of econometric modeling. They also participate in a master’s seminar, in preparation to write a thesis the next year.
| Subject name | Cummulative amount of ECTS points | Cummulative amount of hours (FT/PT) |
|---|---|---|
| OHS | 0 | 8/8 |
| INTERNATIONAL ECONOMICS | 4 | 30/16 |
| SOCIAL STATISTICS | 4 | 30/16 |
| FINANCIAL MARKETS - REGULATION AND SUPERVISION | 4 | 30/16 |
| STATISTICAL METHODS OF MULTIVARIATE ANALYSIS | 5 | 30/16 |
| NON-LINEAR OPTIMIZATION | 5 | 30/16 |
| MANAGERIAL DECISION SUPPORT | 3 | 30/16 |
| BUSINESS ETHICS | 2 | 30/16 |
| COMMUNICATIONS AND SOCIAL MEDIA | 3 | 30/16 |
| Subject name | Cummulative amount of ECTS points | Cummulative amount of hours (FT/PT) |
|---|---|---|
| FOREIGN LANGUAGE | 2 | 30/16 |
| BUSINESS CYCLE THEORIES | 4 | 30/16 |
| DERIVATIVES MARKET | 4 | 30/18 |
| MACROECONOMIC MODELING | 4 | 60/32 |
| ECONOMETRIC NONLINEAR MODELS | 5 | 30/16 |
| MULTI-CRITERIA DECISION SUPPORT | 5 | 30/16 |
| THE PSYCHOLOGY OF MONEY AND FINANCIAL BEHAVIOR | 3 | 30/16 |
| MASTER’S DEGREE SEMINAR | 3 | 30/16 |
SECOND YEAR OF STUDY
In the second year, students continue to deepen their specialized knowledge and complete their master’s seminar in preparation towards the degree.
| Subject name | Cummulative amount of ECTS points | Cummulative amount of hours (FT/PT) |
|---|---|---|
| FOREIGN LANGUAGE | 2 | 30/16 |
| METHODS OF COMPARING ECONOMIC SYSTEMS | 4 | 30/16 |
| GENERAL EQUILIBRIUM MODELS | 5 | 60/32 |
| ECONOMICS OF INEQUALITY | 4 | 30/16 |
| PREFERENCE MODELING | 5 | 30/16 |
| ECONOMETRICS OF MARKET MICROSTRUCTURES | 5 | 30/16 |
| MASTER’S DEGREE SEMINAR | 5 | 30/16 |
| Subject name | Cummulative amount of ECTS points | Cummulative amount of hours (FT/PT) |
|---|---|---|
| METHODOLOGICAL DILEMMAS AND CHALLENGES OF ECONOMICS | 4 | 30/16 |
| ECONOMIC POLICY | 4 | 30/16 |
| BUSINESS PROCESS MODELLING | 4 | 30/16 |
| MODELED MULTI-AGENT | 5 | 30/16 |
| SPATIAL ECONOMETRICS | 5 | 30/16 |
| MASTER’S DEGREE SEMINAR AND PREPARATION FOR THE DIPLOMA EXAM | 8 | 60/32 |
The content of the study program may change as a result of efforts to improve the quality of education and adapt the teaching offer to the current challenges of the labor market. Each change is approved by the University Senate and introduced with the aim of preparing students for their future careers in the best possible way.
Tuition fees
Fixed tuition - flexible payments
By choosing to study at VIZJA University, 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.
Study in Polish!
Do you want to study at VIZJA University in Polish? It is possible! We have prepared a special program for international students to acquire the skills necessary for active study in Polish and for academic, social and everyday life in Poland.
The Comprehensive Polish Language Program for International Students is:
- part of The VIZJA University Foundation Program, which is a comprehensive preparation for starting regular Bachelor's or Master's studies in Polish at VIZJA University
- a course aimed at two groups of international students: students with knowledge of a Slavic language (Russian, Ukrainian, Czech etc.) and students without prior knowledge of any Slavic language
- a chance for immersion in Polish society and culture, authentic experience of life in Poland and broad career prospects on the Polish labour market
More details coming soon!
Scholarships - easier than you think
While studying at VIZJA University, 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 VIZJA University discount program
You can submit most scholarship applications quickly and easily through your online account.
In the academic year 2023/2024, VIZJA University awarded 800 Rector’s Scholarships, ranging from PLN 400 /month to PLN 1000 /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 dean’s system.
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 dean’s system.
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 2023/2024 academic year, depending on the degree of disability, 350 scholarships for people with disabilities were awarded, ranging from PLN 1700 /month to PLN 1900 /month.
Detailed information on the possibility of applying for a scholarship for people with disabilities is available in the dean’s system.
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.
In 2024, we granted 51 allowances for a total of PLN 255 000. The allowances, depending on the student’s situation, were paid in the amount of PLN 2,000 to PLN 5,000 at a time.
Detailed information on the possibility of applying for the allowance is available in the dean’s system.
2023/2024 academic year
800 Rector’s Scholarships
51 allowances
350 scholarships for people with disabilities
12 500 000 PLN was spent in 2023/2024 on scholarships
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
