Option for the Applied Economics and Finance (AEF) concentration


Copenhagen Business School and The Belk College of Business at UNC Charlotte in North Carolina are collaborating on an exciting double degree programme in Economics, which will provide students with an unparallel opportunity to experience two unique economic systems.

If you have chosen or are planning to choose the MSc with a concentration in Applied Economics and Finance, you do not want to let this opportunity pass you by. The double degree agreement is exclusively for the AEF concentration and up to two selected students from each university will have the chance to pursue this unique option.

Pursuing a double degree means that not only will you obtain a Master of Science from CBS, you will also obtain an American Master of Science in Economics with a concentration in Finance (the Quantitative Finance option) – without prolonging your studies.

The UNC Charlotte degree is designed for students seeking careers in banking or other financial institutions, as well as regulatory bodies dealing with financial markets. The CBS degree provides students with a solid understanding of finance, macroeconomics, and industrial economics. Students completing the double degree programme are therefore prepared for analytical and management positions that require an international perspective and an ability to integrate economic analysis and advanced quantitative methods.

Double Degree Setup   
1st Year at CBS 2nd Year at UNCC 
1st and 2nd semesters 3rd and 4th semesters
Complete the mandatory courses of the AEF programme
  1. Complete three mandatory courses, which account for 22.5 ECTS credits:
    i. Advanced Macroeconomic Theory
    ii. Advanced Microeconomic Theory
    iii. Financial Econometrics
  2. Complete one 7.5 ECTS elective
  3. Complete the following three courses, which amount to 30 ECTS and are transferred to the CBS degree as a Masters thesis:
    i. Research Methods for Economists I
    ii. Research Methods for Economists II
    iii. Graduate Thesis Research

"Employers have been very impressed with the Double Degree, and it has really helped set me apart when applying for jobs. Likewise, the English skills I have obtained have been indispensable.  [ ]UNC Charlotte doesn't have a lot of exchange student at the master level, and spending a year there meant that I got to know a lot of the locals, and made some great friends in the area. The courses at UNC Charlotte were very different from the ones at CBS. First of all, we were never more than 25 students per class, which meant that the professors were accessible, and knew all of the students by name. Furthermore, the emphasis was on very theoretical subjects, as opposed to CBS where it was all very much applied. I feel that this resulted in a great foundation, which has helped me a lot in my career so far."


Michael CBS/UNC Charlotte 2009/2010


Valuable Tips  

  • Visa Application – Start applying for your visa well in advance as it can take time to obtain it. Make an appointment with the American Embassy as soon as you have received your admission documents from UNCC.
  • Transportation – It is strongly recommended that you have access to a car, while studying at UNCC. Public transportation is limited, so it will be necessary with a car for your basic daily tasks such as shopping and going to campus, if you choose to live off campus.
  • Scholarships – You are encouraged to apply for extra financial support to study abroad. It is possible to apply for a variety of private sources that give support to study abroad, and it will be particularly worth the effort for you to apply for The Denmark-America Foundation and Fulbright Commission grant.
  • Courses – You only have to choose one elective, but make sure that you choose wisely. It can be recommended that you consider the courses offered by The Department of Finance and in particular the courses offered for the programme Master in Mathematical Finance, as they build upon knowledge gained from your first year of the AEF programme.

The University of North Carolina at Charlotte is a public, coeducational, research intensive university located in Charlotte, North Carolina in the United States. The university opened in 1946 and today it is one of the fastest growing members of the 17 institution University of North Carolina System.

The Belk College of Business
The Belk College of Business at UNC Charlotte offers a vast variety of business education programmes in a variety of disciplines. They are located in Charlotte, one of the fastest-growing cities in the United States and one of the most exciting financial services centres in the world. With more than 2500 undergraduate students, 500 graduate students and 87 full-time faculty members, the Belk College is one of the largest business programs in the Carolinas.

The Belk College is fully accredited by AACSB International, the premier accrediting agency for programmes in business administration and accounting. AACSB International accreditation is the hallmark of distinction in management education and assures that the Belk College of Business is committed to maintaining a standard of excellence.

The College’s highly-regarded graduate programmes in accounting, business administration, economics and mathematical finance prepare students for leadership positions in complex organisations by emphasizing critical-thinking skills and developing students’ confidence to make decisions in the face of imperfect information, competing objectives, and technological change.

The Master of Science in Economics with a concentration in Finance (the Quantitative Finance option)
The Master of Science degree programme in Economics features a curriculum that is flexible yet thorough in its approach to theoretical training and applied course work. The MSc. in Economics with a concentration in Finance is designed for students seeking careers in banking or other financial institutions, as well as regulatory bodies dealing with financial markets. The Quantitative Finance Option in this concentration in finance is designed for students particularly interested in pursuing careers in portfolio management or financial risk management.

For further enquiries, please contact:

Rene Barseghian
CBS CEMS & Double Degree Coordinator
Copenhagen Business School
The International Office
Dalgas Have 15, 2V
DK-2000 Frederiksberg
Tel: +45 3815 2285
Fax: +45 3815 3825

Sidst opdateret: The International Office // 29/04/2014