Economics with Data Science

Duration

2 years

4 semesters
Points

120 ECTS

per programme
Title

M.Sc.

Master of Science

The Economics with Data Science Master's degree combines economics and advanced data analysis, enabling students to make thoughtful, data-driven decisions.

The programme develops a combination of domain knowledge of economics and analytical skills, such as econometrics and the use of artificial intelligence tools, which equips graduates to solve multifaceted economic and business issues.

The aim of the programme is to prepare students to work in key positions in the economy and in economic policymaking, where you will be able to comprehensively analyse economic data, forecast trends, and formulate effective strategies and scenarios.

The programme is intended for ambitious individuals with excellent analytical skills who want to occupy the most demanding decision-making positions. A small number of students allows for more individual work, which increases the level of complexity and competitiveness in the labour market.

Graduates of the programme will be able to answer complex questions such as business optimisation, risk assessment and adaptation to economic changes, thus preparing you for leadership in the economy and state policy.

3rd

place (Eastern Europe) on Eduniversal 2023-2024 ranking
42%

of foreign students
100%

graduates find employment within one month after graduation

Curriculum

1st year

1st semester

Microeconomics 3 (7 ECTS)
Advanced Macroeconomics (7 ECTS)
Optimization methods in economics (7 ECTS)
Data Mining (7 ECTS)

2nd semester

Modern Political Economy (7 ECTS)
Econometrics 2 (7 ECTS)
Data-Driven Trade Analysis (7 ECTS)
Strategic Firm Behaviour, Competition Policy and Regulations (7 ECTS)
Skills Development 1 (4 ECTS)

2nd year

1st semester

Economics of Knowledge, Technology and Growth (7 ECTS)
Applied Economics with Machine Learning (7 ECTS)
*Comparative Data Analysis of Economic and Business Systems (7 ECTS)
*Labour Economics 2 (7 ECTS)
*Behaviour Economics and Strategic Conduct (7 ECTS)

2nd semester

Skills Development 1 and 2 are conducted in the 1st and 2nd semester.

* Student selects course type 11 from courses Comparative Data Analysis of Economic and Business Systems, Labour Economics 2, Behaviour Economics and Strategic Conduct and Managerial Economics. In case of low enrolment in the programme, University of Ljubljana School of Economics and Business (UL SEB) determines the course that will be implemented.

Professions

Manager / Member of the Management Board for Sales, Finance, Strategic Development
Advisor / Head of Strategic Development
Analyst / Head of Analytical Departments
Researcher in academic and international institutions
Expert / senior civil servant in various public institutions
Expert in responsible analytical work in the field of various business functions

Mode of study

The programme is offered as full-time study.

Enrolment requirements and selection criteria

Students can enrol on the Master's degree programme in Economics with Data Science as long as they have completed:

a study programme of at least the first-cycle degree, evaluated with at least 180 credit points, in the following professional fields: Economics, Business and Administrative Sciences, Mathematics and Statistics, Information and Communication Technologies, or an equivalent study programme completed in accordance with the current regulations in the Republic of Slovenia or abroad, or
a study programme of at least the first-cycle degree, evaluated with at least 180 credits, in other professional fields or an equivalent study programme completed in accordance with the current regulations in the Republic of Slovenia or abroad, if they have completed the study obligations required for the continuation of studies before enrolment. These obligations are determined by the Senate of the UL SEB and range from 10 to a maximum of 60 credit points.

Additional study obligations can be completed by candidates:

during studies at the first-cycle or in advanced training programmes, if they have completed at least two basic economic courses in the following fields: microeconomics, macroeconomics, econometrics, basics of business, international economics (the head / coordinator of the study programme decides on the suitability of the remaining courses as a substitute for differential examinations) in the total scope of at least 12 ECTS, or
by taking exams in Microeconomics 1 (6 ECTS) and Introduction to Business (6 ECTS) prior to enrolment in the master's programme.

If enrolment capacity is limited, candidates will be selected on the basis of their average grade of the first cycle study programme or bachelor study (70%) and the grade of the exams in the type 2 and type 3 courses in the first-cycle study programme of the UL SEB (30%).

A table with the subjects listed for each programme and the calculation formula can be viewed here.

The entry limit for the full time study in last four years.