The Master in International and Monetary Economics (MIME) is a joint, specialized master’s degree offered by the Universities of Basel and Bern. It aims to help students acquire a strong background and analytical expertise in monetary economics, macroeconomics and international macroeconomics. MIME graduates are trained to take positions requiring analytical skills and macroeconomic knowledge, such as those found in banks, monetary and fiscal authorities, general government, international companies and organizations, research institutes and doctoral programs.
The content of this website is primarily designed for applicants who are interested in applying at the University of Basel and students who are enrolled at the University of Basel. Further information can be found on the joint website and the website of the University of Bern.
In the context of the field of academic activities described above, the skills to be acquired are clearly outlined. Graduates of the MIME Master’s programme should
Graduates of this Master’s programme would seek professional career openings in the following areas:
Want to know what recent MIME graduates are doing today? Check it out here!
The curriculum covers the foundation module, the core module and the specialization module (including supplementary courses) as well as the master’s thesis.
The foundation module accounts for a total of 18 ECTS. It has the goal of bringing all students up to the same level. It has a broad base and covers the basic elements of the master’s economics program (microeconomics, macroeconomics and econometrics). The courses for this module are offered at both universities alongside the standard Master’s program. Apart from offering the choice of where to study the individual courses, this module does not offer any choices regarding course selection and has to be completed at the home university.
In the core module, the student has to gain 24 ECTS. It contains specific courses covering the key topics of this specialized master’s program. The module guarantees that the study objectives listed in Section 4 are achievable. The module also covers a seminar in which students have to compile and present a seminar paper (6 ECTS). This seminar is conducted by the faculty members of the participating faculties and may also draw on experts from professional fields and potential future employers. Typically, the courses of this module are only offered at one of the two universities so that students are obliged to commute. The module offers only a narrow choice of options. The exact composition of the module is to be laid down by the Governing Board.
In the specialization module, 18 ECTS have to be gained. Here, from a wide variety of master’s courses offered by both faculties, students can choose topics that are suited to the increased specialization of their targeted qualification. This module may also include courses which are offered outside the faculty. In this specialization module, courses that are not held in English may also be considered. The objective of this module is to offer students the opportunity to characterize their study profile in line with their personal interests or career ambitions. Here, the Curriculum Board has the function of ensuring that the content of such choices is aligned to the MIME objectives. The Governing Board will compile a list containing courses specifically for the purposes of this module in the medium-term lecture scheme. Core module courses may also be attended and counted in the specialization module if the student has already completed the core module with the required number of points.
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Admission to the specialized Master's degree program in International and Monetary Economics (MIME) requires a Bachelor of Arts in Business and Economics from the University of Basel or a Bachelor's degree degree from a university recognized by the University of Basel with proof of equivalent academic achievements in the field of economics and quantitative methods. The equivalence in this respect is assessed by the examination board.
The following condition must also be met:
The bachelor’s degree relevant for admission must have an average grade of at least 5 / unrounded (Swiss grading system 1 to 6, where 6 = max./4 = pass). Conversion calculator
As an alternative to the minimum GPA, holders of a bachelor’s degree from a recognized university-level higher education institution may present a current Graduate Record Examination® General Test (or GRE® Test), provided the results in the areas of “Quantitative Reasoning” and “Analytical Writing” are among the top 30% at least.
The Master in International and Monetary Economics is designed as a 3 semester (30 ECTS per semester) program starting in fall. However, registration is possible either in fall or spring semester. Part-time study increases the duration of the program accordingly.
Please register here.
Application deadline for fall semester: April 30.
Application deadline for spring semester: November 30.
Application fee: CHF 100.
Tuition fees per semester: CHF 850.
Individual costs of living etc. are not included.
Parents and/or the cantonal scholarship office in the parents’ canton of residence are basically responsible for the funding of studies, and the appropriate applications should be submitted there. International students should find out what scholarships they are eligible for in their home country. For more details, see here.
In order to complete your studies, you must register for graduation. Please note the registration dates.
If you do not apply for graduation, we have to assume that you still want to continue your studies.
Dean of Studies' Office, Dr. Beat Spirig
University of Basel
Faculty of Business and Economics
Peter Merian-Weg 6, Office 38 (Gr. Floor)
CH-4002 Basel
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