The MSc in Economics trains students in rigorous methods of analysis, preparing them for successful careers in public or private sector.

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The MSc in Economics allows you to deepen your knowledge of economics, providing you with the quantitative and conceptual skills that will enable you to start an impactful career, whether you plan to go straight to the job market or to pursue an academic career.

Key Features

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Start date September 2021
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Entry level BSc in Economics
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Duration 3 or 4 semesters full-time
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International Exposure Possibility of getting double/joint degree or exchange semester
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Profile Recent graduates up to 2 years professional experience
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Program language Fully taught in English
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Specializations 4 options available
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Faculty PhD from top US and European Schools
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Immersion Close links with economic institutions


The program follows rigorous international standards. Classes are small, taught by internationally recognized professors and industry experts, and focused on advanced economic knowledge and applied techniques. The program is suited to students with both applied interests and more research-oriented profiles.

You will need to take the mandatory courses, as well as a specialization of your choice. We offer three applied specializations (Macroeconomic Policy, Applied Economics, and Finance and Banking) and one more theoretical specialization (Economic Theory). You will also have the opportunity to pursue our MSc in Economics  with no specialization. This option is ideal for students who want to create their own path.

At the same time, you will be prepared for the workplace with Career Accelerator Lab activities and internship opportunities. Finally, you will work on your thesis project and be ready to launch your professional career. The program offers opportunities for an immersion in top economic institutions, in either internships or thesis development.

The program usually lasts three semesters, with the first two devoted to coursework (60 ECTS) and the third to the development of a master thesis (30 ECTS). For students wishing to do an internship or an exchange semester, they should do so in their third semester, and spend a fourth semester on their thesis.

The MSc in Economics also gives you also the opportunity to pursue a Double Degree or a Joint Degree at a top international school, or an exchange semester.


Program Structure

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All students must complete the following courses:

  • Microeconomics
  • Imperfect Markets
  • Macroeconomics
  • Econometrics
  • Ethics in Economics

This option allows you to build your own path. You can choose among the following courses:

  • Economic Analysis of Social Policies
  • Macroeconomic Policy
  • Game Theory
  • Information and Uncertainty
  • Economic Growth
  • Development Economics

This specialization enables you to tackle current economic issues using data. It includes the following courses:​

  • Microeconometrics
  • Economic Analysis of Social Policies
  • Development Economics
  • Industrial Organization
  • Labor Economics

The major gives you a general overview of economics, which is ideal if you want to pursue an academic career. It includes the following courses:

  • Economic Growth
  • Game Theory
  • Information and Uncertainty
  • International Money and Finance

This specialization prepares you to work in central banks or governmental and private agencies, and includes the following courses:

  • Economic Growth
  • Macroeconomic policy
  • Economic Globalization
  • International Money and Finance
  • Macrodynamics

This specialization focuses on financial markets and prepares you to work in the financial sector. It includes the following courses:

  • Data Science for Finance
  • Financial Investments
  • Banking and Finance
  • Empirical Finance

After completing your coursework, you will need to write a master thesis. The thesis is the culmination of your master program, where you apply the knowledge you have acquired to an individual project.


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450 Students per year (all MSc programs)
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48% Female students
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23 Average age
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35+ Nationalities
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50% International students in class
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6 Months average professional experience

Admissions requirements

Ideally candidates should have an undergraduate degree in Economics, including mathematical and statistical training, as well as intermediate microeconomics.

Outstanding candidates from other quantitative areas will also be considered, but may be asked to do some background study before joining the program (for the major in Finance and Banking only candidates with an Economics background will be considered).

Double Degree: your passport for an international career

Spend one year at CATÓLICA-LISBON followed by a second year at the partner school of your choice, and get two diplomas.

Double Degree programs offer you the opportunity to gain a deep international experience and to challenge yourself by experiencing two distinctive academic cultures and approaches.

At the end of the program, you will be granted two diplomas – one from CATÓLICA-LISBON and one from our partner school.

A joint degree is a program that has been jointly developed by two international universities and cumulates in a Joint  diploma which is officially recognized by all degree awarding partner universities.

Above all, the cross-cultural awareness gained through this experience is highly valued by recruiters and likely to increase your potential for an international career.

Partner Schools

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Enroll in a Double Degree Program and you will be awarded two degrees:

Majors available
Program at ASTON
Finance & Banking MSc in Finance or MSc in Investment Analysis
Macroeconomic Policy MSc in Investment Analysis

Public Policy & Regulation

MSc in Business Economics & Finance
General Economics MSc in Business Economics & Finance or MSc in Finance
Specific Requirement:

TOEFL score of 93 IBT (26 in writing, 22 in speaking, 18 in reading and 19 in listening) or an IELTS score of 6.5 (6.5 in writing and speaking and 6.0 in reading and listening) or a Pearson Academic test score of 63 (63 in writing and speaking and 57 in listening and reading).

Enroll in a Double Degree Program and you will be awarded two degrees:

Majors available
Program at BI
Finance & Banking MSc in Business, Majors in Finance or in Economics or MSc in Financial Economics

Macroeconomic Policy, General Economics or Public Policy & Regulation

MSc in Business, Major in Economics

Enroll in a Double Degree Program and you will be awarded two degrees:

Majors available
Program at UNINA
Finance & Banking or Macroeconomic Policy MSc in Economics and Finance

Enroll in a Joint Degree Program and you will be awarded one degree from two universities:

Majors available
Program at LOUVAIN
All majors Master en Sciences Économiques Orientation Générale à Finalité Approfondie or à Finalité Spécialisée

Application process

When to apply

2022 intake

Application calendar for the 2022 Intake available soon.

How to apply

Start your application online, provide us with your personal information, upload the mandatory documents and pay the application fee. The Admissions Jury reviews applications shortly after each application period deadline.

For further information about our programs and the admission process, please contact the MSc Marketing & Admissions Office ( | +351 217 214 140).

Tuition Fees & Scholarships

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Program total fees
3 semester track 11.900€
4 semester track (with optional exchange semester) 13.900€

Please note that application fee is not included in total fees. Application, enrollment and registration fees are non-refundable.

Program fees
ASTON (UK) Total fees Double Degree ASTON 15.400€
BI (Norway) Total fees Double Degree BI 15.400€
LOUVAIN (Belgium)* Program fees 15.400€
Administration fees at LOUVAIN 66€
Total fees Double Degree LOUVAIN 15.466€
UNINA (Italy)* Program fees 15.400€
Registration fees at UNINA 200€
Regional tax at UNINA 140€
Total fees Double Degree UNINA 15.740€

(*) fees related to host university are subject to change (yearly update)



CATÓLICA Top+ is a scholarship program meant for students with an outstanding academic record.

Implemented by CATÓLICA-LISBON, this program allows high-potential students to complete their MSc with a partial waiver of tuition fees for the regular track of the program (3 semesters at our School; exchange semester excluded).

We encourage outstanding students to apply for this scholarship in your MSc application. This is the only way to apply for our scholarship.

Note: Double Degree and Joint Degree students can only be granted a scholarship in the 1st year.

Other scholarships

Grants to Higher Education Students in Portugal - more information here or contact our Social Responsability Office (GRS) -

Scholarship Fundação Amélia de Mello (for portuguese students only) - more information here 

Bolsa de Estudo Manuel Leite Monteiro (for CATÓLICA-LISBON undergraduate students only) - deadline January 25th, 2021 - more information here


Careers: Immersion in the Corporate World

From day one, CATÓLICA-LISBON supports you throughout your academic journey, preparing you for the challenges of the job market by providing you with the skills to open the path to a successful professional career.

Employed within 3 months of graduation Employed before concluding the MSc Program

In the MSc in Economics, we have consistently placed our students in leading institutions in Economics (such as the European Central Bank, Regulation Agencies, McKinsey & Company, Bank of Portugal) as well as top PhD programs (such as Northwestern, London School of Economics, MIT, Chicago, Berkeley).


Top Busines School in Portugal

A TOP 10 most vibrant entrepreneurial ecosystem hub in Europe

Lisbon hosts the Web Summit since 2016 and is ranked 5th best European city to launch your start-up. (according to Startup Heatmap Europe survey 2016)

Which makes it an extraordinary combination between:

Why Lisbon?

Lisbon, the "city of the seven hills", is the political and economic capital of Portugal. It stretches along the north bank of the River Tagus in the westernmost country of mainland Europe.

Also known as the “white city”, the almost constant presence of sunshine and the River Tagus transforms Lisbon into a mirror of a thousand colors, highlighting the city’s unique architecture and beauty.

Lisbon offers all the delights you’d expect of Portugal’s star attraction, yet with half the fuss of other European capitals. Gothic cathedrals, majestic monasteries, quaint museums, great cuisine and the best sandy beaches in Europe are some of the features that make Lisbon one of the best cities to study and live.



Meet Our Students

Miguel Castel Branco
“There are few schools in Europe that will give you a better preparation to the job market."
Ruben Vaz
"This step implies efforts to keep us on the right track."
Joana Garcia
"The MSc in Economics is an incredible learning opportunity."


You can find here the most Frequently Asked Questions (FAQs) we receive from prospective students interested in our MSc Programs. If you still have any question after reading this information, you are invited to contact us.
  • Contact us
  • Information request
  • Schedule a meeting