International Economics, full-time, second cycle

Field of Study: Social Sciences

Academic Discipline: Leading discipline – Economics and Finance

Language of Instruction: English

Professional Title Awarded Upon Graduation: Master in International Economics

Where and When You Will Have Classes

Location:
Major-related classes are held at the Faculty of Economic Sciences, University of Warsaw, located at 44/50 Długa Street, Warsaw.

Time:
Classes take place from Monday to Friday during the day, between 08AM and 8PM .

Studies that change your perspective – Study at the Faculty of Economic Sciences, University of Warsaw

Choose the Faculty of Economic Sciences at the University of Warsaw – a leader in economic education in Poland and one of the top research institutions in Europe.

• Top 3% in Europe – We rank among the top institutions in Europe according to the prestigious RePEc ranking.
• Excellence in Teaching – We are the only institution in Poland to hold three Certificates of Excellence in Education awarded by the Polish Accreditation Committee – covering all our degree programs.
• According to the 2024 Perspektywy ranking, we offer the best programs in Poland in Economics and Computer Science and Econometrics (now Econometrics and Data Science), while Finance and Accounting rank second nationwide.
• After graduation? Our graduates are #1 in Poland in terms of average salary in the first year after earning their degree – confirmed by a ranking by the Rzeczpospolita daily based on real labor market data.

General Information

International Economics – Your Gateway to a Global Career in Finance and Economics

Ranked 4th in Central and Eastern Europe in the Economics category by the Eduniversal Best Masters Ranking 2024

Study in English. Work Globally.

The two-year Master’s program in International Economics at the University of Warsaw offers a unique opportunity to gain world-class economic expertise in the heart of Europe. Taught entirely in English, the program prepares you for professional careers in:

• International institutions (e.g. World Bank, IMF)
• Global consulting and financial firms
• Public sector and international business
• Academic and research environments – both in Poland and abroad

What will you gain?

• Expertise in international economic analysis
  Master advanced micro- and macroeconomic theories to model real-world economic and social processes.
• Top-level analytical skills
  Learn to use powerful tools like STATA, EViews, Maxima, and Excel for economic forecasting, financial modeling, and risk assessment.
• Deep understanding of global markets
  Explore the dynamics of international trade, economic policy, capital flows, migration, and the forces shaping the global economy.
• Strong negotiation and communication abilities
  Gain practical skills in trade negotiations and conflict resolution, all in a multicultural environment – and in fluent English.
• Double degree?
  After your first year, you can apply for the double-degree track with University of Trier (Germany) – and earn two master’s degrees in just two years.

Study in a Truly International Environment

At International Economics, you're not just learning about the global economy – you’re immersed in it. With students from around the world and faculty with international experience, you become part of a global academic community from day one.

As a graduate of International Economics, you will:

• Apply advanced economic theory and quantitative methods to real-world challenges
• Understand global financial markets and the use of financial instruments
• Analyze international trade, technological transfers, and the knowledge economy
• Evaluate global trends in migration, capital flows, and economic integration
• Communicate and present your analysis professionally – in fluent English
• Adhere to high ethical and professional standards in all aspects of your work

Your Career After International Economics

Our graduates are well-prepared for careers in:

• International economic and financial institutions (e.g. World Bank, IMF, OECD)
• Banks and investment firms – in Poland and worldwide
• Global corporations – in analytical and strategic roles
• Government agencies and think tanks
• International and domestic research institutes

Tuition & Scholarships

Tuition applies to all students; current fees are available here.

However, top-performing students may be eligible for full tuition waivers. More information is available on the website.

Admission rules for candidates with Polish diplomas

The maximum number of points available to obtain in the admission procedure is 100. Minimum number of points required for qualification: 30.

1. Candidates must hold a bachelor's, engineer's, master's or equivalent diploma in any field of studies.

2. Candidates' points are calculated according to the following formula

Su x Ś x W+REL

Where:

· (Su) is the coefficient for having the status of a 'research university' (the Ministry of Science and Higher Education's 'Excellence Initiative - Research University' competition) by the degree-awarding institution in the year of UW enrollment. Having the status of a research university - a factor of 10, lack of this status - a factor of 9.

· (Ś) is the final grade from study. Final grade expressed on a scale other than the one used at the University of Warsaw (2-5), will be assimilated to it.

· (W) is a factor of:

o 1.8 - in case one of the following conditions is met:

- The candidate's program of study included AT LEAST 90 hours of microeconomics and 90 hours of macroeconomics, and 60 hours of econometrics, and 60 hours of finance;

- The candidate's program of study included AT LEAST 150 hours of mathematical analysis and at least 60 hours of physics, or 60 hours of chemistry, or 60 hours of computer science, or 60 hours of finance;

- The candidate's program of study included AT LEAST 150 hours of mathematical analysis and 60 hours of mathematical statistics;

- The candidate's program of study included AT LEAST 180 total hours in programming subjects such as: Programming in R, Python, SAS, C++, C#, Java and others.

o 1 - in other cases, when none of the above criteria are met.

· (REL) to Research Experience Letter (optional) - additional 10 points.

Research Experience Letter is a document providing a description of experience, related to the field of study for which the Candidate is applying, confirmed by project supervisors. Projects, carried out as part of studies, student activities, scientific research work and professional experience will be taken into account.

Essential Elements of a Research Experience Letter:

- Description of the projects and the nature of the candidate's participation in the projects

- Data and supervisor function of each project

- Confirmation by the project supervisor(s) with the signature / stamp of the data contained

The total points for the Research Experience Letter consist of:

- Value of the candidate's achievements (4 points);

- Connection of projects with the scope of studies for which the candidate is applying (4 points);

- Relationship between the recommender and the candidate's educational / professional career (2 points)

3. Candidates independently fill out the application form, made available on their personal registration account in the IRK system, in which they attach scans of documents necessary for the calculation of enrollment points and indicate selected subjects affecting the value of the W factor, described in section 2, for evaluation by the admissions committee.

Subjects other than those indicated by candidates are not considered by the selection committee. On the basis of the completed application form, the committee decides whether the candidate meets the criteria for consideration of the higher factor (W).

Candidates are required to submit syllabuses of selected subjects, and the committee in its evaluation may take into account the compatibility of economic and mathematical subjects with the program at the UW.

Optionally, candidates also include a scan of the Research Experience Letter.

4. Check the competence of candidates to study in English

Candidates are reqired to present a document recognized by the University of Warsaw, certifying their knowledge of English at a level of at least B2.

Information on documents certifying knowledge of the English language. >> Check! <<

Admission rules for candidates with foreign diplomas

The maximum number of points available to obtain in the admission procedure is 100. Minimum number of points required for qualification: 30.

1. Candidates must hold a bachelor's, engineer's, master's or equivalent diploma in any field of study.

2. Candidates' points are calculated according to the following formula

Su x Ś x W+REL

Where:

· (Su) is the coefficient for the university's position in the Shanghai Ranking in the year of UW university enrollment. Position 1-500 - a factor of 10, further positions or no university on the ranking list - a factor of 9.

· (Ś) is the final grade from study. Final grade expressed on a scale other than the one used at the University of Warsaw (2-5), will be assimilated to it.

· (W) is a factor of:

o 1.8 - in case one of the following conditions is met:

- The candidate's program of study included AT LEAST 90 hours of microeconomics and 90 hours of macroeconomics, and 60 hours of econometrics, and 60 hours of finance;

- The candidate's program of study included AT LEAST 150 hours of mathematical analysis and at least 60 hours of physics, or 60 hours of chemistry, or 60 hours of computer science, or 60 hours of finance;

- The candidate's program of study included AT LEAST 150 hours of mathematical analysis and 60 hours of mathematical statistics;

- The candidate's program of study included AT LEAST 180 total hours in programming subjects such as: Programming in R, Python, SAS, C++, C#, Java and others.

o 1 - in other cases, when none of the above criteria are met.

· (REL) to Research Experience Letter - (optional) additional 10 points.

Research Experience Letter is a document providing a description of experience, related to the field of study for which the Candidate is applying, confirmed by project supervisors. Projects, carried out as part of studies, student activities, scientific research work and professional experience will be taken into account.

Essential Elements of a Research Experience Letter:

- Description of the projects and the nature of the candidate's participation in the projects

- Data and supervisor function of each project

- Confirmation by the project supervisor(s) with the signature / stamp of the data contained

The total points for the Research Experience Letter consist of:

- Value of the candidate's achievements (4 points);

- Connection of projects with the scope of studies for which the candidate is applying (4 points);

- Relationship between the recommender and the candidate's educational / professional career (2 points)

3. Candidates independently fill out the application form, made available on their personal registration account in the IRK system, in which they attach scans of documents necessary for the calculation of enrollment points and indicate selected subjects affecting the value of the W factor, described in section 2, for evaluation by the admissions committee.

Subjects other than those indicated by candidates are not considered by the selection committee. On the basis of the completed application form, the committee decides whether the candidate meets the criteria for consideration of the higher factor (W).

Candidates are required to submit syllabuses of selected subjects, and the committee in its evaluation may take into account the compatibility of economic and mathematical subjects with the program at the UW.

Optionally, candidates also upload a Research Experience Letter scan to their personal registration account in the IRK system.

4. Check the competence of candidates to study in English

Candidates are required to present a document recognized by the University of Warsaw, certifying their knowledge of English at a level of at least B2.

Information on documents certifying knowledge of the English language. >> Check! << 

Deadlines

Announcement of results: 22nd of July, 2025

Reception of documents: 

• I round: 23rd-25th of July, 2025
• II round (in case of not fulfilling the limit during I round): 28th-29th of July, 2025
• III round (in case of not fulfilling the limit during II round): 30th-31st of July, 2025
• additional rounds will be announced in case of not fulfilling the limits

Payments

Application fee

Student's ID payment (ELS)

The studies are payable - tuition fees

Required documents

List of required documents submitted by candidates qualified for studies

Additional information

Find us on the map: Faculty of Economic Sciences