Programs

Master's in Economics

The Program

Master’s in Economics

If you asked us to define our Master’s in Economics in three words, we would use: unique, hands-on and applicable. 

We make sure that we provide state-of-the-art theoretical and empirical techniques, but we also focus on the development and acquisition of the tools required for applied policy analysis. This means econometric and numerical software or modern econometric techniques for the evaluation of policy interventions, to name a few. 

Below you can find more information regarding the basic structure of the program, but remember — you can tailor-make the curriculum according to your interests. Please have a look at the electives (specialize in a specific field), areas of expertise (focus a part of your studies on a particular area of interest) and professional development modules (let’s talk about responsible leadership and creative thinking) sections as well, to make sure that you make this Master's your own. 

Week 1

  • Discovery Week


1st Semester (30 ECTS)

  • STATA Module + Mandatory Courses
  • Electives (one full or two half courses)
  • Professional Development Modules
  • Study Trips
  • Career Development Program - Mastering Your Career
  • Mentoring Program
  • Nova Economics Club, Regular and Brownbag Seminars, Networking Events, Business Forum, Conferences


2nd Semester (30 ECTS)

  • STATA Module + Mandatory Courses
  • Electives (one full or two half courses)
  • Professional Development Modules
  • Study Trips
  • Nova Economics Club, Regular and Brownbag Seminars, Networking Events, Business Forum, Conferences


3rd Semester (30 ECTS)

  • Work Project
  • Nova Economics Club, Regular and Brownbag Seminars, Networking Events, Business Forum, Conferences

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

  • Microeconomic Analysis
  • Macroeconomic Analysis
  • Econometrics
  • Microeconometrics or Macroeconometrics
  • STATA Module

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

Sustainability

“Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (United Nations World Commission on Environment and Development, 1987).

To ensure global sustainability over time, the green transition focuses on responding to the challenges of climate change and environmental degradation but also to the need to work for an economic and societal transformation, integrating all three pillars of sustainable development – economic, social and environmental.

That is the goal of this Area of Expertise, which will be taught in partnership with Nova’s School of Science and Technology (FCT). This area of expertise is common to the Master’s programs in Management, Economics and Finance.

  • Fundamentals on Environment and Sustainability
  • Energy and Climate Change
  • Sustainability Evaluation of Policies, Plans and Projects
  • Sustainability in Organizations
  • Impact Investments
  • Environmental Policy
  • Policy Evaluation
  • Global Energy Markets
     
Business and data analytics

The Business and Data Analytics area of expertise is designed for students who understand business problems and want to use technology to solve them. A strong background in mathematics and applied statistics is required, so that students will be able to analyse large data sets and translate them to support data grounded strategic decisions. This area of expertise is common to the Masters programmes in Management, Economics and Finance.

  • Computational Thinking and Data Science  
  • Data Curation 
  • Data Visualization
  • Introduction to Programming
  • Machine Learning   

Numerical Methods and MatLab

  • Data Curation
  • Algorithmic governance
  • ​Blockchain fundamentals
  • Introduction to Programming
  • Computational Thinking and Data Science (includes Applied Statistics
  • Data Analytics for Finance
  • Data Visualization
  • Introduction to Programming
  • Machine Learning
  • Marketing Analytics
  • Network Analytics
  • Numerical Methods and MatLab
International development

Successful graduates will be well-equipped to work in international organizations, governmental and private institutions, and NGOs, with the objective of designing, evaluating and implementing policies related to international development, trade and migration policies.

  • Development Economics
  • Policy Evaluation
  • Advanced Behavioral Economics and Finance
  • Behavioral Economics and Finance
  • Economics of Education
  • Environmental Policy
  • Global Energy Markets
  • History of Economic Analysis
  • International Migration
  • International Trade: Theory and Policy
  • Labor Economics
  • Political Economy
  • Private Sector Development
  • Public Finance
  • Public Policy I
  • Public Policy II
  • Seminar on Current Economic and Financial Issues
Macroeconomics and financial markets

Successful graduates will be able to take up roles as policy analysts in central banks and other governmental national or supra-national institutions, private financial institutions and large multinational companies.

  • Investments
  • Macroeconomic Theory
  • Empirical Macroeconomics
  • Advanced Behavioral Economics and Finance 
  • Asset Management
  • Auditing
  • Banking
  • Behavioral Economics and Finance
  • Behavioral finance
  • Corporate FInance
  • Credit Risk
  • Derivatives
  • Empirical Methods for finance
  • European Economy
  • Financial Crises in History
  • Financial Distress, Bankruocy and Restructuring
  • Financial Econometrics
  • Financial Intermediation
  • Financial Management
  • Financial Modelling
  • Financial Statement Analysis
  • Fintech Ventures
  • ​Fixed Income
  • Futures and Options
  • Hedge Funds
  • History of Economic Analysis
  • Impact Investments
  • Macroeconomics of Financial Markets
  • Mergers, Acquisitions, Restructuring
  • Numerical Methods for Economics and Finance
  • Political Economy
  • Private Equity
  • Real Estate Finance
  • Risk Management
  • Sovereign Advisory
  • Sustainable Finance
Public policy

Successful graduates will be able to take up roles as policy analysts in governmental national or supra-national institutions, consulting firms with departments dedicated to the public sector and public policies, medium and large companies working in sectors where government action is pervasive, and national and supra-national lobbying groups.

  • Policy Evaluation
  • Public Policy II
  • Advanced Behavioral Economics and Finance 
  • Behavioral Economics and Finance
  • Competition Policy
  • Development Economics
  • Economics of Education
  • Economics of Health and Health Care
  • Economics of Poverty
  • Environmental Policy
  • European Economy
  • Global Energy Markets
  • History of Economic Analysis
  • International Migration
  • International Trade: Theory and Policy
  • Labor Economics
  • Political Economy
  • Private Sector Development
  • Public Finance
  • Seminar on Current Economic and Financial Issues
Banking, financial regulation, and supervision

Successful graduates will be able to take up jobs in financial institutions, and in central banks and other governmental or supra- national institutions with a concern for the supervision of the financial sector.

  • Banking
  • Investments
  • Auditing
  • Corporate Finance
  • Credit Risk
  • Empirical Methods for Finance
  • Financial Crises in History
  • Financial Distress, Bankruptcy and Restructuring 
  • Financial Intermediation
  • Financial Management
  • Financial Modeling
  • Financial Reporting
  • Financial Statement Analysis
  • Fixed Income
  • Futures and Options
  • Macroeconomics of Financial Markets
  • Mergers, Acquisitions, Restructuring
  • Numerical Methods and MatLab
  • Private Equity
  • Real Estate Finance
  • Risk Management

 

*Please take note of the following:
— Students can qualify for only one area of expertise, however it isn’t mandatory for students to choose one. 
— Areas of Expertise and respective courses might be subject to change from one academic year to the next. 
— Some courses might not be offered every academic year. 
— Students may attend elective courses from other masters’ programs, which are subject to availability.
— Please note that for the academic year of 2022/2023 this information may be subject to changes.

  • Advanced Behavioral Economics and Finance 
  • Algorithmic governance
  • Asset Management
  • Auditing
  • Banking
  • Behavioral Economics and Finance
  • Behavioral finance
  • Blockchain fundamentals
  • Competition Policy
  • Computational Thinking and Data Science (includes Applied Statistics) 
  • Corporate Finance
  • Credit Risk
  • Data Analytics for Finance
  • Data Curation 
  • Data Visualization
  • Derivatives
  • Development Economics I
  • Development Economics II
  • Economics of Education
  • Economics of Health and Health Care
  • Economics of Health Systems
  • Empirical Macroeconomics
  • Empirical Methods for Finance
  • Environmental Policy
  • European Economy
  • Financial Econometrics
  • Financial Crisis in History
  • Financial Distress, Bankruptcy and Restructuring
  • Financial Intermediation
  • Financial Management
  • Financial Modeling
  • Financial Reporting
  • Financial Statement Analysis
  • Financial Reporting
  • Fintech Ventures
  • Fixed Income
  • Futures and Options
  • Global Energy Markets
  • History of Economic Analysis
  • Hedge Funds
  • Impact Investments
  • International Migration
  • International Trade. Theory and Policy
  • Introduction to Programming
  • Investments
  • Labor Economics
  • Machine Learning   
  • Macroeconomics of Financial Markets
  • Macroeconomics Theory
  • Marketing Analytics
  • Mergers, Acquisitions, Restructuring
  • Network Analytics
  • Numerical Methods and MatLab
  • Policy evaluation
  • Political Economy
  • Politics for Policy
  • Private Equity
  • Private Sector Development
  • Public Finance
  • Public Policy I
  • Public Policy II
  • Real Estate Finance
  • Risk Management
  • Seminar on Current Economic and Financial Issues
  • Sovereign Advisory
  • Sustainable Finance
     

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

  • Quantitative skills

Learning to analyze data.
 

  • Ethics

Thinking about ethical challenges.
 

  • Corporate links/internationalization

Building knowledge about the business environment and international careers.
 

  • Communication and creativity

Thinking outside the box and improving communications skills.

* Please note that for the academic year of 2022/2023 this information may be subject to changes.

What’s at the finish line?

The Work Project

As part of the degree requirement, students must carry out a work project (thesis) in their final semester. There are three formats available:

Field Lab
Students focus on a specific theme or topic of more applied nature to propose solutions to solve an existing local real-world problem in a specific setting (group setting).

Directed Research Internship
Students carry out a problem-based issue to help address an identifiable problem in a company setting relevant to the course of study.

Directed Research
Students showcase their knowledge and expertise by investigating a research problem of scientific nature in a relevant area of interest.

ECTS this, ECTS that

How does the grading system work?

Grading is based upon the European Credit Transfer System (ECTS), a grading scale developed to facilitate the understanding and comparison of grades, according to different national systems. 

We did the math for you, and the awarding of ECTS grades per curriculum component breaks down as follows:

30 ECTS
in Mandatory Courses including the Mastering Your Career Activities
(Bridging courses not included)

28 ECTS
in Elective Courses (minimum)

2 ECTS
in Professional Development Modules

0 ECTS
MS Excel Certification

30 ECTS
in the Work Project

You need a minimum of 90 ECTS to complete your Master’s, but if you need 120 ECTS to proceed with your studies, you can extend your Master’s by one semester with courses (28 ECTS) and modules (2 ECTS).

Ready to write new chapters of your story?

Ready to write new chapters of your story?

Attend one of our many Master’s Talks and learn all about this program, its Academic Director, the teams that can help you journey your way to Nova SBE, and clarify any doubts you may have.