Branch programme/details

The main aim of the two-year MA program is education in all basic areas of theoretical and empirical economics, which will provide graduates with high-quality preparation for joining an already running PhD program in Economics, or for direct application in practice as economic analysts and consultants. The program focuses on key areas of economic theory and econometrics, along the lines of top European Master in Economic Research programs offered at the London School of Economics, the University of Cambridge or Tilburg University. The general knowledge output of the graduate will be knowledge of advanced mathematical methods and both passive and active use of English.

Description of Verification and Evaluation Criteria:

The entrance examination is single-round and conducted in English.

Applicants are evaluated based on the required attachments to the application (see below). The maximum number of points in the first round is 40.

The following are evaluated:

Previous academic results of the applicant (20 points) – overall performance in previous studies

Motivation for studying and economic research (20 points) – the applicant demonstrated motivation to study at CERGE and familiarity with the research focus of the institute

The evaluation considers whether the applicant's professional interests and academic results align with the research focus of the institute.

Recommended Attachments:

Recommendations – two letters of recommendation, preferably academic references, assessing mathematical and economic skills, and proficiency in academic English

GRE Test

Evaluation of recommended attachments in the admission process:

·        Recommendation – evaluated within the motivation for study, a maximum of 5 points can be obtained.

·        GRE test – evaluated within the applicant's previous academic results, a maximum of 5 points can be obtained.

Details for Recommendation Letters:

Email contacts and names for potential references should be sent to mer@cerge-ei.cz. The referee will then receive a link where they can fill in the reference upon opening the provided link.

Applicants with the highest scores will be admitted. The point threshold for admission is determined by the dean, considering the number of applicants taking the entrance examination and the faculty's capacity.

Required Application Attachments:

CV in English

Motivation letter in English

Copies of diplomas with certified translation

Detailed transcript of credits and exams from previous studies confirmed by the educational institution

Proof of English proficiency

Details for Proof of English Proficiency:

Applicants who are not native speakers of English (not citizens of Australia, New Zealand, Canada, United Kingdom, Ireland, or the United States) are required to provide valid proof of their English proficiency. This should be an internationally recognized exam certificate – we accept IELTS, TOEFL – IC 2403, Cambridge, and Duolingo. The minimum required score for the Duolingo English Test is 115. With the exception of the Cambridge exam certificate, the documents should not be older than two years from the date when the admissions application is submitted to CERGE-EI.

Please note that a confirmation of studying in English (English as a medium of instruction) is not sufficient proof of English proficiency, with the only exception of studies undertaken in Australia, New Zealand, Canada, United Kingdom, Ireland, or the United States.

Recommended Application Attachments:

Two letters of recommendation, preferably from an academic environment

GRE Test

Admission to Master's studies is conditioned by completed secondary education confirmed by a school-leaving certificate. Admission to Post-Bachelor studies (Master's programme) is likewise conditioned by completed education in any type of study programme.

Besanko, David and Braeutigam, Ronald, Microeconomics, 6th Edition, Wiley, 2020.

Mankiw, Greg, Macroeconomics, 11th Edition, Worth Publishers, 2022.

Wooldridge, Jeffrey M., Introductory Econometrics: A Modern Approach, 7th Edition, Cengage Learning, 2019.