M.Sc. Economics for Engineers and Natural Scientists
Photo: Torsten Silz
Part-time Distance Learning
Having a deeper understanding of economic interrelationships – in addition to a good foundation in technology and science – opens up a wide range of career prospects for engineers and natural scientists alike. It will open the door to jobs in management positions in companies or government institutions. Study for a master’s degree in Economics for Engineers and Natural Scientists at the FernUniversität in Hagen via distance learning and expand your professional horizons!
M.Sc. Economics for Engineers and Natural Scientists: Course Content
A postgraduate degree in economics can open numerous doors for engineers and natural scientists in particular, even outside their actual discipline. Because regardless of whether you want to manage a company, take on a management role in a project or aspire to a management position in the public sector, in addition to knowledge from the technical or scientific field, you also need an understanding of economic relationships and processes.
This is where a master’s degree in Economics for Engineers and Natural Scientists comes in. The course is aimed specifically at prospective students with a technical, scientific or mathematical degree but no previous knowledge of economics. In the compulsory part of the course, you will first gain an insight into the basics of economics, such as accounting or business management, as well as the sub-disciplines of microeconomics and macroeconomics. In addition, the course offers you the opportunity to specialize according to your professional goals by choosing business and/or economics modules from an extensive elective program, thus preparing you for senior or management positions in your professional field.
Student Testimonial on the M.Sc. Economics for Engineers and Natural Scientists
Photo: FernUniversität
“At the FernUni, I was able to get exactly what I was missing: The fundamentals of both business administration and economics.”
Dr. Mathias Pietras, M.Sc. Economics for Engineers and Natural ScientistsFind out more
Career Prospects as a Master of Economics for Engineers and Natural Scientists
After graduating, you will be awarded the academic degree of Master of Science in Business Administration and Economics. This opens up a wide range of career prospects for you. The careers for which you are best qualified will depend on your specialization during your studies.
The course prepares you for activities in the following fields:
- Procurement, production, logistics
- Controlling, accounting, finance, taxes, auditing
- Organization, personnel
- Marketing, sales, service, innovation
Your potential employers include:
- Large and medium-sized companies
- Auditing institutes
- Tax consultants
- Credit institutions, banks
- Federal or EU authorities, e.g., market regulatory authorities
- (International) associations and organizations
Of course, your master’s degree also opens the door to a career in research and teaching. The next step would be a doctorate.
Profile of the Master’s Degree in Economics for Engineers and Natural Scientists
| Degree: | Master of Science (M.Sc.) |
| Type of study | Full-time study, part-time study, part-time distance learning (further education/continuing education), professional qualification with elements of classroom study and online study |
| Study duration: | 4 semesters full-time, part-time studies can be arranged to suit your circumstances |
| Scope: | 120 credit points (ECTS) |
| Start of studies: | Summer semester (April 1) or winter semester (October 1) |
| Enrollment deadlines: | 1 December to 31 January (for the summer semester) 1 June to 31 July (for the winter semester) |
| Costs: | Approx. €1,200 total costs for a full-time course in the standard study period. For part-time studies or a personalized period of study, the total costs increase by a further 60 euros basic fee per semester (plus student body contribution) |
Your benefits at a glance
- Maximum flexibility: You adapt your studies to fit your life – not the other way around.
- Recognized degree: the state-run FernUniversität in Hagen has been offering education at an academic level for around 50 years.
- Good support: The faculties at the FernUniversität in Hagen are particularly committed to providing students with intensive support during their studies.
- Good-value further education: There are no hidden costs involved with distance learning at the FernUniversität in Hagen. You always have full transparency.
- Location-independent & plannable: Modern, digital learning formats, study documents sent by post and much more. The dates for the (few) on-campus events are set well in advance. The campus locations are spread throughout Germany making them easily accessible for everyone.
Want to Know More?
Would you like to find out more about the master’s degree in Economics for Engineers and Natural Scientists as a (part-time) distance-learning course? Then take a look at the degree program web page provided by the Faculty of Business Administration and Economics. Here you will find further information on the structure of the course, the specific course content and the admission requirements.
Things You Should Know about the FernUniversität in Hagen
You can find answers to the most important questions and basic information about studying at the FernUniversität in Hagen here:
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In terms of student numbers, the FernUniversität in Hagen is the largest state university in Germany . And it is the only state-run distance learning university. FernUni students can obtain an internationally recognized bachelor’s or master’s degree. Compact certificates complement our range. The flexible study system allows you to adapt your studies to suit your life situation. That's why we are exactly the right choice for the following people:
- Working professionals
- People bringing up families
- High school graduates
- Potential students with no high school diploma
- People with disabilities or chronic illnesses
- Students abroad
- Schoolchildren
- Competitive athletes
- Refugees
- Studying While Incarcerated
- Servicemen and women in the Armed Forces
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No doubt, you have many questions: How does distance learning work? How do I learn? In what format are the exams held? When can I start studying? All the answers are gathered here for our students:
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The Student Advice Service will help you make your decision about what to study at the FernUniversität. Here you will also find further information on how to organize your distance learning course.
If you have any specific questions about the master’s degree in Economics for Engineers and Natural Scientists you can ask the faculty’s Student Advisory Service directly:
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You can find out more about the requirements for any degree program by visiting the website of the relevant faculty. For more information about the master’s degree program, please contact the Faculty of Business Administration and Economics.
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You can find all the relevant information on enrollment at the FernUniversität in Hagen listed here:
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You can find advice and support close to your home at many locations in Germany, Austria, Hungary, and Switzerland. We also believe that helping students to network with other students is of key importance for later success.
