Main campus of Justus Liebig University Giessen in Germany, featuring modern lecture halls, research facilities, and student residences
Master of Science
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Justus Liebig University Giessen
Gießen
Germany

Economics of Global Risk

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About

The Master’s programme in Economics of Global Risk is an international graduate degree designed for students who want to understand, analyse, and manage complex global risks in an increasingly interconnected world. Combining economics, policy studies, and quantitative analysis, the programme equips students with the tools needed to evaluate global crises and their economic impacts. Structured over four semesters and offered exclusively in the winter semester, it prepares graduates for advanced academic and professional pathways.

Located in Gießen, a dynamic university city known for its strong research environment, the programme emphasises interdisciplinary learning and practical application. Through case studies, empirical research, and international perspectives, students gain insight into financial, environmental, political, and societal risks. The degree reflects Germany’s commitment to high-quality academic training, making it an ideal choice for students aiming to specialise in global risk analysis and international economic policy.

Key information

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Key Facts

  • Degree: Master
  • Standard period of study: 4 semesters
  • Location: Gießen
  • Study Type: Graduate (international, full-time)
  • Admission semester: Winter semester only
  • Area of study: International Business Administration
  • Admission modus: Without admission restriction
  • Main language: English

Program Structure

Semester 1 – Foundations of Global Risk Economics

  • Principles of Risk Analysis
  • Quantitative Methods in Economics
  • Global Economic Systems
  • Research Skills & Academic Writing

Semester 2 – Advanced Risk and Policy Studies

  • Financial Risk & Crisis Dynamics
  • Political and Environmental Risk
  • Data Modelling & Simulation
  • Applied Research Project I

Semester 3 – Specialisation & Applied Research

  • International Policy & Governance
  • Market Stability & Economic Forecasting
  • Decision-Making under Uncertainty
  • Applied Research Project II

Semester 4 – Master’s Thesis & Final Research

  • Independent Thesis Research
  • Advanced Economic Analysis
  • Presentation & Academic Portfolio Development

Career Opportunities

Graduates can pursue careers in government agencies, international organisations, financial institutions, consulting firms, or research centres focused on global risk and economic policy. The degree also prepares students for doctoral studies and advanced research roles. Additionally, the programme equips students with the analytical expertise needed to contribute to strategic decision-making in both public and private sectors.

Why Choose This Program

Choosing the Master’s in Economics of Global Risk means joining a forward-looking programme that blends academic depth with applied global analysis. Designed for students who want to understand the economic dimensions of global challenges, it offers strong methodological training and real-world relevance.

The programme’s interdisciplinary structure, international environment, and research-focused curriculum give students the analytical and strategic skills needed to navigate complex global issues. Its emphasis on empirical research and policy evaluation prepares graduates for impactful roles in a rapidly changing world.

Contact Information

Student Advisory Service – ZSB
Goethestraße 58
35390 Gießen
Tel: 0641 / 99-16223
Fax: 0641 / 99-16229
Email: zsb@uni-giessen.de

International Office – Akademisches Auslandsamt
Goethestraße 58
35390 Gießen
Tel: 0641 / 99-12137
Fax: 0641 / 99-12138
Email: internationales@admin.uni-giessen.de