MSc in Advanced Economics and Finance (cand.oecon)
Students in this programme are genuinely interested in economics and finance. With only a limited number of students enrolled per year, the face-time with professors is much higher than normal, and many of the students develop strong working relationships with their professors. The students in each class know each other very well, which creates a good environment for working in groups and exchanging knowledge both inside and outside the classroom. At times, it can be competitive, but the general environment is that of sincere cooperation. As the programme has a high workload, this means you will benefit from frequent interaction with both professors and fellow students.
International students account for approximately 80% of the students in this programme, and even though it is a small class, it is not uncommon to have 8-10 nationalities represented. This creates a stimulating international atmosphere, and English is the language spoken at all times - even by the Danes.
What to consider?
The academic level of the programme and of your fellow students is high. This makes the programme more difficult than most other programmes, and provides you with a challenging environment. However, this environment is also what prepares the students for the challenges they will meet in their future career.
The curriculum consists of a large selection of research articles. Many of which are demanding to read because of the difficult subject matter and the high level of academic language used. But this is also the key element that makes this an elite programme.
Before the programme starts, an online math camp for self-study is offered to all incoming students to help them attain the core math skills required to be successful in this programme. While the programme is not a math programme as such, you will be required to have a good command of math in order to perform derivations and other complex calculations, as well as a good understanding of econometrics and general statistics. However, the main focus of the programme is to understand and discuss the theories and models behind the calculations. As such, the programme can roughly be seen as 80% theory comprehension and discussion, and 20% calculations and applications.
In order to not only do well, but to thrive in this programme, you should have a strong interest in economic and financial theory and its applications, and be willing to put in the extra hours that this programme demands.
The combination of a small number of highly talented students and teachers, who are passionate and highly recognized within their academic fields, creates a unique learning environment. Students are expected to be prepared and participate in class as the attitude and contribution of the students is the key to a good learning environment and high learning output.
The teaching style is interactive with discussions, exercises, student presentations and hand-ins. This approach allows students to be engaged during class and provides a deeper understanding of complex theories and the relevant applications to various cases.
At CBS, each course is concluded with an examination. Exams will take place each semester in December/January and May/June, respectively.
The programme has a variety of exam types. Approximately half of the exams will have an oral component. This is to ensure that you are able to explain and discuss the relevance, applicability, and problems of the theory and research that you are studying.
The complexity of the curriculum and the high workload - midterms and frequent hand-ins - easily make for a full working week. Combined with the value you acquire from attending class, most students have difficulties finding the time for a student job. If you insist on doing both, prioritization and time management is essential.
Studying in English
Before studying a programme taught in English you might want to consider the following:
- All literature, lectures, exams, projects and group work are in English
- Academic English differs from the English used in everyday language – so it might be a challenge even if you are used to speaking English in other situations.
- You may have to spend more time on reading and understanding the material in English
- You may find it challenging to express yourself with the same ease as you would in your mother tongue.
- Some will feel uncomfortable and shy when speaking English – especially when in a crowd or among native speakers.
Practice makes perfect
There is a big difference between reading and understanding texts and expressing yourself in English both oralyl and in writing. This is a challenge for some students. Even if you are used to reading English texts on your bachelor programme, it is still a good idea to practice your English. Try to speak it on a regular basis, watch the news, movies and TV series in English. You should also read books and newspapers in English, as this will help you read faster and increase your vocabulary. A good command of English is essential for getting the maximum learning outcome of your programme.
Each year of students has their own Facebook page for academic and social events and information sharing.
The programme has only been in existence since 2009, but has promoted and developed a strong connection with its alumni. For instance, the programme has a group on LinkedIn which is inclusive to both current and graduated students.
There are also a number of associations and organisations for students at CBS.