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Socio-Ecological Economics and Policy

Masterstudium (Vollzeit) | Wirtschaftsuniversität Wien

Einstieg

Minimum requirements for application

1. Completion of or enrollment in a relevant Bachelor's program or other equivalent degree program at a recognized Austrian or foreign post-secondary institution. To be considered relevant, the completed program has to meet the following criteria:

The program comprises at least 180 ECTS credits. 180 ECTS credits correspond to three academic years.
Examinations have to be taken in one of the following subjects:

  • Economics, worth a minimum of 16 ECTS credits
  • Social sciences, worth a minimum of 16 ECTS credits
  • Mathematics / statistics / quantitative methods, worth a minimum of 16 ECTS credits

Please note: It is not necessary to have completed this program at the time of application, proof of completion of your first-degree program is not required until actual enrollment. Nevertheless the minimum requirements listed above have to be documented within the uploaded documents.

2. Proof of sufficient proficiency in English:

  • English as native language
  • Full Bachelor's program done in English (at least 3 years, university confirmation required)
  • One of the following certificates: valid TOEFL 600/250/100, valid IELTS 7.0, valid TOEIC 800, CAE (Certificate of Advanced English), CPE (Certificate of Proficiency in English), BEC Higher (Business English Certificate Higher), UNIcert III
  • certificates of exams taken at WU in English Business Communication worth at least 10 ECTS credits and with a weighted average grade of 2.49 or better


Proof of aptitude (Selection criteria)

In addition to the minimum requirements you have to proof your aptitude for the Master's program.
(The document indicated at item 1 has to be submitted at the time of application. In case these document is not uploaded in the online tool, your application will be rejected.)

  1. Proof of aptitude: recommendation letter
  2. Communication skills, interpersonal competencies, international orientation (these skills will be tested within the interview)

Information

SEEP (Socio-Ecological Economics and Policy) is an innovative, internationally unique program that equips participants with the necessary theoretical background and factual information about the interconnected dynamics of economic and social systems and the physical environment. The program also enables participants to understand different problem situations and use appropriate analytical tools to engage in decision processes and longer-term policy on multiple spatial levels. The strong interdisciplinary background acquired in SEEP equips graduates with the skills to play a leading role in resolving the critical economic, environmental and social problems of the 21st century.

Aufbau

The program offers training in socioeconomic analysis and focuses on the interfaces between environmental, economic and social challenges. This interdisciplinary and internationally oriented approach is based on three major pillars: theory, methodology, and application. The theory courses include concepts from a variety of disciplines, chosen for their relevance to global challenges. The methodological courses offer an integrated introduction to qualitative and quantitative methods and thus illustrate how they are best combined in empirical analyses. Relevance for policy making and organizational practice is emphasized throughout the program. Developing innovative and novel policy responses to global change demands approaches that include historic, descriptive, and institutional analyses as well as an understanding of legal frameworks and regulatory constraints. In particular, theories, methods, and analyses are brought together in two concentration areas, chosen by the student from a total of four subject areas: (i) Environmental Change and Policy, (ii) Population, Human Capital and Policy, (iii) Globalization and Multi-Level Policy, and (iv) Globalization and Social Policy.

During the first year, students study global challenges and socioeconomic theories in detail and learn basic methodology. They become familiar with their two chosen concentration areas. In the second year, students advance quickly to specialized expertise and real-world applications. In this phase, the main courses will be in the concentration areas and students will explore interdependencies between the subjects. Students develop and hone their research skills through course work and writing a thesis. Students have the opportunity to spend one of the four semesters abroad (subject to approval).

Qualifikationsprofil

The program has been designed to provide students with the necessary understanding of global sustainability issues, an ability to work in interdisciplinary teams, and sound training in socio-economic concepts and methods.

Graduates will (i) be equipped with the theories, methods and empirical approaches necessary for an in-depth understanding of global social, economic and environmental policy issues, (ii) be aware of the variety of ethical issues arising from sustainable development, (iii) possess the skills essential for interdisciplinary analysis, and (iv) be able to work in international teams in developing, designing and evaluating novel policy responses.

The MSc program prepares graduates for (i) employment as policy analysts, program managers, consultants, civil servants, project managers and advisors, fostering better understanding and supporting decision processes related to sustainability issues, (ii) work in international organizations, consultancies, companies, government, national and international NGOs, and research institutes, where interdisciplinary skills and knowledge about the interactions of sustainability issues are needed, and (iii) doctoral studies in the social sciences, in particular in economics, social policy, environmental studies and demography.

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