Overview
The master’s programme in Quantitative Economics gives students strong preparation in contemporary economic theory and econometric analysis methods, enabling them to analyse and forecast economic processes.
Why study Quantitative Economics at the University of Tartu ?
- The University of Tartu is ranked in the top 350 universities in the world (THE World University Rankings 2025).
- You have an opportunity to receive two diplomas by spending your second study year at Ghent University.
- Cooperation with the Bank of Estonia offers access to expert lecturers from the bank, as well as internship and post-graduation employment opportunities.
- Graduates can follow a career as analysts in banks, public sector organisations, consulting firms and international companies. 80% of our alumni work in Estonia.
- Study at the University of Tartu Delta Centre, which brings together a vibrant community of students, researchers and innovators in the fields of computer science, business and economics, mathematics and statistics.
Career opportunities
The objective of the curriculum is to prepare highly qualified analysts for government agencies, banks, international organisations and consultancy firms, filling top positions that require a detailed understanding and application of economic models and econometric methods.
Our graduates work in diverse sectors, including various financial companies, consultancy firms, think tanks, multinational companies, and universities. Examples of employers include Google (Ireland), Bolt (Estonia), Finnair (Finland, Estonia), think-tanks (PMCG in Georgia, Centar and Praxis in Estonia), universities (Tbilisi State University in Georgia, University of Tartu, University of Cambridge in the UK), banks (Swedbank, Bigbank, Luminor in Estonia), Fintechs (Wise, Fortumo).
As to the occupations and job tasks, many graduates are working as different kinds of data analysts. This is supported on the one hand by a strong emphasis on statistics, econometrics and data science courses during the master's studies, and on the other hand by the high demand for data scientists in the labour market.
Get more details
Visit programme websiteProgramme Structure
Specialisation 1:
Economics and Data Analysis
- Quantitative Methods in Economics (36 ECTS);
- Economic Models (43 ECTS);
- Elective module (15 ECTS);
- Optional courses (6 ECTS);
- Master's thesis (20 ECTS).
Specialisation 2:
Economic Theory and Data Analysis
- Quantitative Methods in Economics (30 ECTS);
- Economic Models (30 ECTS);
- Monetary Policy and Time Series Analysis (12 ECTS);
- Majors (18 ECTS);
- Electives (12 ECTS);
- Master's thesis (18 ECTS).
Check out the full curriculum
Visit programme websiteKey information
Duration
- Full-time
- 24 months
Start dates & application deadlines
- Starting
- Apply before
-
Language
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Credits
Delivered
Campus Location
- Tartu, Estonia
Disciplines
Economics Mathematics EconometricsExplore more key information
Visit programme websiteWhat students do after studying
Academic requirements
English requirements
Prepare for Your English Test
AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.
- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
- Bachelor’s degree or equivalent qualification (must be obtained by the end of July)
- Prerequisite courses that the applicant has to have passed during earlier studies on higher education level: mathematics in the value of 9 ECTS and probability and mathematical statistics in the value of 6 ECTS completed in the previous study level.
- English language proficiency
Student Insurance via Studyportals Partner
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Make sure you meet all requirements
Visit programme websiteTuition Fees
-
International Applies to you
Applies to youNon-residents4800 EUR / year≈ 4800 EUR / year -
EU/EEA Applies to you
Applies to youEU/EEA Nationals2400 EUR / year≈ 2400 EUR / year
Living costs
Tartu
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
Tuition waiver student places are available: 1 for citizens of EU/EEA/Switzerland, 15 for all citizenships
For this programme, four admitted students will receive a 100% tuition fee reduction for their first semester. These reductions are awarded to the highest-ranked applicants based on their admission scores.
Check for any work restrictions
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Scholarships Information
Below you will find Master's scholarship opportunities for Quantitative Economics.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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