Master of Science [M.S] (International Economics)
Field of Study:
$3,420 /Yr
University of Tuebingen Master of Science [M.S] International Economics is a 2-year, full-time master’s degree taught entirely in English. This program trains economists and analysts for careers in policy, trade, multinational firms, and think tanks. The curriculum emphasizes international trade, development, finance, and empirical methods. International students pay €1,500 per semester tuition plus semester fees, totaling €6,200–€6,800 over two years. Intakes occur in October with rolling admissions from March to July 15th. The program attracts students seeking roles in international organizations, central banks, and global corporations.
The program stands out for its focus on applied international economics with flexibility to specialize in trade policy, development finance, or empirical research. Graduates work at the IMF, World Bank, central banks, and multinational firms. The faculty conducts active research in international macroeconomics and trade. Most coursework emphasizes hands-on econometric analysis and real-world case studies. Ideal applicants have economics or quantitative undergraduate backgrounds and strong English proficiency.
- Affordable tuition for non-EU students; no additional program-specific fees beyond standard university charges.
- Two-year European master’s degree recognized globally, with strong employment outcomes in international policy and finance roles.
- Post-study work permit lasting 18 months; graduates can secure skilled-worker visas if salary meets €45,934 threshold for STEM-adjacent roles.
Current Admission Status
Applications for the October 2026 intake are Open. International student deadline: 15 July 2026.
For Indian applicants, apply now to meet the July deadline. Visa processing (APS certificate + student residence permit) requires 6–8 weeks. Blocked account funding (€11,904) must be confirmed before visa application.
Also Check: University of Tuebingen Admission
University of Tuebingen International Economics Fees and Living Costs 2026
Tuition for non-EU international students is €1,500 per semester. The semester fee covers student services and averages €150–€250 per semester. Over four semesters, total program cost is €6,200–€6,800 (INR 67.97 Lakhs–74.46 Lakhs).
| Cost Component | Per Semester (EUR) | Total 2 Years (EUR) | Total 2 Years (INR) |
|---|---|---|---|
| Tuition (non-EU) | €1,500 | €6,000 | INR 65.7 Lakhs |
| Semester Fee (enrollment, student services) | €150–€250 | €600–€1,000 | INR 6.57–10.95 Lakhs |
| Total Direct Costs | €1,650–€1,750 | €6,600–€7,000 | INR 72.27–76.65 Lakhs |
Source: University of Tübingen Tuition Fees for International Students, 2026
- Non-EU students pay mandatory tuition; EU citizens pay only the semester contribution.
- No additional application fees; no program-specific surcharges beyond standard charges.
- Payment is due each semester before enrollment; installment plans are available on request.
- Scholarships (German DAAD, university-based) can offset tuition by €500–€1,000 per year.
Key Insight: At €6,600–€7,000 total tuition, this program is among Germany’s most affordable master’s degrees for non-EU students. Most peers in the UK or US cost 3–5 times more.
Cost of Living in Tübingen for International Economics Students
| Category | Monthly (EUR) | Monthly (INR) | Annual (EUR) | Annual (INR) |
|---|---|---|---|---|
| Accommodation (shared flat) | €350–€450 | INR 38.33–49.28 Thousand | €4,200–€5,400 | INR 46–59 Lakhs |
| Food and groceries | €200–€250 | INR 21.9–27.38 Thousand | €2,400–€3,000 | INR 26.28–32.85 Lakhs |
| Health insurance (mandatory) | €115–€135 | INR 12.59–14.78 Thousand | €1,380–€1,620 | INR 15.11–17.74 Lakhs |
| Transport (semester ticket) | €70–€90 | INR 7.67–9.86 Thousand | €840–€1,080 | INR 9.2–11.83 Lakhs |
| Books and course materials | €40–€60 | INR 4.38–6.57 Thousand | €480–€720 | INR 5.26–7.88 Lakhs |
| Personal and miscellaneous | €100–€150 | INR 10.95–16.43 Thousand | €1,200–€1,800 | INR 13.14–19.71 Lakhs |
| Total Monthly | €875–€1,135 | INR 95.8–124.3 Thousand | €10,500–€13,620 | INR 1.15–1.49 Crore |
Budget Tip for Indian Students: On-campus housing through Studierendenwerk Tübingen (student housing cooperative) costs 20–30% less than private flats. Register immediately after admission to secure a place.
All INR conversions in the article use a conversion rate of EUR 1 = INR 109.5 as of June 2026. Rates fluctuate daily; verify before applying.
University of Tuebingen International Economics Admission 2026
The program admits students in one intake per year. The application window runs from March 1st through July 15th for the October cohort. You need a bachelor’s degree (any discipline) with strong quantitative coursework—ideally economics, mathematics, or statistics.
| Criterion | Requirement |
|---|---|
| Bachelor’s degree | Required in any field; economics or quantitative major strongly preferred |
| GPA/Grade equivalent | No explicit cutoff; competitive candidates have 2.5 or better (German scale) |
| Quantitative background | Economics, statistics, mathematics, or engineering (at least 6 courses or 15 ECTS) |
| Work experience | Not required; 1–2 years in finance, policy, or research strengthens application |
| Motivation letter | 500–800 words; must link your background to international economics career goals |
University of Tübingen ranks 215th globally (QS 2026) and 98th (THE 2026), with particular strength in economics and social sciences. The university’s School of Business and Economics is internationally recognized for research in international trade and development economics.
English Language Proficiency for International Economics
All teaching is in English. You must demonstrate English proficiency via one of the following tests. Minimum overall scores are strict; component sub-scores matter for visa and academic readiness.
| Test | Overall Score | Listening | Reading | Speaking | Writing |
|---|---|---|---|---|---|
| TOEFL iBT | 79 | 17 | 18 | 18 | 17 |
| IELTS | 6.5 | 6.0 | 6.5 | 6.0 | 6.0 |
| Cambridge C1 Advanced | B2 minimum | — | — | — | — |
- TOEFL iBT is the most widely accepted for German visas; scores are valid for 2 years.
- IELTS requires a band of 6.5 overall; most Indians score 6.0–7.5. Prepare 8–10 weeks.
- If English is your third language, take TOEFL or IELTS; Cambridge is less common in German admissions.
- Applicants below 6.0 overall are rarely admitted; intensive prep or a foundation year is advisable.
Honest Take: German master’s programs are competitive for Indian applicants due to high English proficiency expectations and strong academic backgrounds. Most accepted students have GMAT/GRE or equivalent quantitative credentials.
University of Tuebingen International Economics Application 2026
Submit all applications online via the Universität Tübingen application portal. Decisions are issued rolling; early applications have higher acceptance odds. Admit decisions arrive 4–6 weeks after the deadline.
| Intake | Application Window | Deadline | Status |
|---|---|---|---|
| October 2026 | 01 March 2026 | 15 July 2026 | Open |
| October 2027 | 01 March 2027 | 15 July 2027 | Expected |
- Submit: passport, bachelor’s transcript (English-certified), test scores (TOEFL/IELTS), CV, motivation letter, 2–3 academic references.
- APS certificate (mandatory for Indian applicants) must be completed before visa application; allow 3–4 weeks for processing.
- Application fee: none. No essay-based review; program prioritizes GPA, test scores, and quantitative background.
- Delayed submissions are accepted until July 15th but may face lower admission odds as cohort fills.
Application Tip: Submit by June 1st for highest chances. Indian applicants should initiate APS processing immediately after admission acceptance to avoid visa delays.
University of Tuebingen International Economics Scholarships 2026
The university offers limited scholarships. German DAAD grants average €500–€1,000 per semester for strong economics backgrounds. University-based scholarships cover tuition or living costs but are highly competitive (< 10% acceptance rate).
Most Indian students fund studies through family savings or education loans. Tuition (€6,600–€7,000) plus living costs (€21,000–€27,240 over 2 years) totals INR 1.05–1.23 Crore. Deutsche Bank, ICICI, and Axis offer education loans up to 90% of this amount at 9.5–11.5% interest. Scholarships typically offset €1,000–€2,000 annually.
Scholarship Reality: Full scholarships are rare for non-EU master’s students. Plan to self-fund 80–100% of costs unless you have exceptional academic credentials.
Also Check: Cost of Living in Germany for International Students
University of Tuebingen International Economics Salary 2026
Graduates secure roles in policy analysis, trade finance, development institutions, and multinational firms. Indicative gross salaries in Germany for economics masters graduates: entry-level €48,000–€55,000, mid-career (5 years) €65,000–€80,000. Public sector and think tanks pay €45,000–€60,000; private sector (banks, consulting) pays €55,000–€90,000.
| Role Type | Entry Salary (EUR) | Entry Salary (INR) | Typical Employer |
|---|---|---|---|
| Policy analyst | €48,000–€55,000 | INR 52.56–60.23 Lakhs | German Ministry of Economics, IMF, World Bank |
| Trade economist | €52,000–€62,000 | INR 56.94–67.89 Lakhs | Central banks, European Commission, UNCTAD |
| Financial analyst | €55,000–€70,000 | INR 60.23–76.65 Lakhs | Investment banks, insurance firms, rating agencies |
| Development economist | €48,000–€60,000 | INR 52.56–65.7 Lakhs | GIZ, KfW, international NGOs, UN agencies |
Source: Salary data from German Federal Statistical Office (Destatis) and university career surveys 2025–2026
Take-home pay after taxes and social insurance is typically 55–65% of gross salary in Germany. Use a German tax calculator (Brutto-Netto-Rechner) to estimate net income; regional differences apply. Most graduates earn €30,000–€45,000 net annually in their first role.
ROI Reality: Total investment (tuition + living costs €27,840–€33,840) recovers within 6–9 months at entry salary. By year 5, German salaries outpace UK/US peers, and EU mobility allows role transitions without visa sponsorship barriers.
Check Out: Cost of Studying in Germany for International Students
Germany Visa International Economics 2026
Upon graduation, you receive an 18-month job-seeker residence permit. This visa allows full-time work in any sector while searching for employment. Skilled-worker visa (Fachkräfteengpasskarte) is granted if your salary reaches €45,934 (STEM-adjacent threshold) or €50,700 (general threshold). Permanent residence (PR) eligibility follows 33 months of skilled work at any salary level.
- Student visa: Requires €11,904 in a blocked account; processing takes 6–8 weeks through the German embassy in India.
- Post-study work permit: Automatic; no application fee. Convert to skilled-worker visa once you secure a job offer above the salary threshold.
- Spouse and dependent visas: Family members can join after you secure employment and adequate housing (€800–€1,200 per month rental).
- PR timeline: 33 months of continuous skilled employment leads to indefinite settlement; dual citizenship is permitted for German-born children.
Visa Reality: Germany’s 18-month job-seeker permit is the most generous in Europe. Most graduates secure roles within 3–6 months of graduation; the visa nearly eliminates post-study employment uncertainty.
Also Check: German Student Visa Requirements and Process
International Economics M.S. FAQs
Ques. Is the International Economics master’s taught entirely in English?
Ans. Yes. All coursework, exams, and thesis supervision are in English. German is not required; however, conversational German aids daily life and employment prospects. Many students take B1–B2 German prep courses (free or €200–€400) during their first semester.
Ques. What is the typical acceptance rate for Indian applicants to this program?
Ans. The program is moderately selective. Approximate acceptance rate is 30–40% for international applicants. Indian applicants with GMAT/GRE scores, strong economics foundation, and TOEFL 90+ or IELTS 7.0+ have a >50% admit chance. Weak quantitative backgrounds result in rejection or waitlist placement.
Ques. Can I work part-time during my master’s studies in Germany?
Ans. Yes. Student visas permit 120 full days or 240 half-days of work per calendar year. On-campus research assistant roles (€450–€550/month) are common and do not count against this limit. Off-campus work beyond the threshold requires employer sponsorship.
Ques. Do I need an APS certificate to apply, or only for the visa later?
Ans. APS certificate (issued by the German Embassy in New Delhi) is required only for visa application, not for university admission. However, initiate APS processing immediately after you receive an admission letter to avoid visa delays. Processing takes 3–4 weeks; total timeline is 6–8 weeks.
Ques. Can I pursue a PhD in Germany after this master’s degree?
Ans. Yes. German PhD positions (doctorate in Economics, usually 3–4 years) are open to master’s graduates. Funding comes through research assistant roles (HiWi positions, €450–€700/month) or DAAD doctorate scholarships. Most PhD students in economics at German universities are fully funded or self-funded via assistantships.
This program is ideal for economists seeking careers in international policy, development, or trade finance. The combination of rigorous quantitative training, international focus, and affordable cost makes it a strong choice for Indian graduates with economics backgrounds. Germany’s post-study work pathway and low living costs reduce financial risk and increase job security post-graduation.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $3420 (EUR 3000) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2023 | $3420 (EUR 3000) |
| 2021 | $3796 (EUR 3330) |

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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student$ 1,140/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| MAWISTA Scholarship | Scholarship per student$ 7,628/Yr$6,691 | Level Of StudyBachelor | TypeEasy-to-Apply | |
| Kurt Hansen Science Scholarship | Scholarship per student$ 11,400/Yr$10,000 | Level Of StudyDoctorate | TypeNeed-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,280/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |















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