Study Macroeconomic Policy and Financial Markets at Barcelona Graduate School of Economics, a Master degree offered at its main campus in Barcelona, Spain. This Full Time program is delivered on campus in English and takes approximately 9 months to complete. Students benefit from a structured learning experience designed to build both theoretical knowledge and practical experience. The next intake is scheduled for September 1, 2027.

About Master of Macroeconomic Policy and Financial Markets

Overview Policy-makers are often forced to make decisions under conditions of uncertainty, but the results of these decisions may directly influence a country’s overall economic performance.While a thorough understanding of aggregate economy dynamics is necessary for success, it is not entirely sufficient. Organizations must also be knowledgeable of the many sources of aggregate risk and uncertainty and must rely on the analytical tools available to study the aggregate economy.Financial and consulting firms increasingly utilize complex economic theories. Students will not only learn how to use these modeling and statistical techniques but will conduct an independent master's project to learn how to apply these new skills to real empirical work.Our program also offers students guest seminars and lectures by international academics and practitioners. A closing conference will be held as an interactive forum between the academic and professional worlds. The presentation and discussion of students' applied work will be combined with expert talks covering both institutional topics as well as the presentation of original academic research.This program covers economic models such as the dynamic stochastic general equilibrium (DSGE), vector autoregression (VAR), and autoregressive conditional heteroskedasticity (ARCH). Our graduates are prepared with an expert grasp of aggregate economy and financial function fundamentals, able to build macroeconomic and market forecasts - skills that consulting firms, investment banks, and government agencies are all in need of.What skills and knowledge will I acquire in this program?Deep knowledge of the economic theory behind macroeconomic models of financial marketsComprehension of the dynamics affecting financial and policy-oriented decision-makingNumerical methods and simulation techniques applied to quantitative macroeconomics, policy design, and evaluationPrecise econometric techniques required for a state-of-the-art applied analysisAbility to create and deliver technical and executive reports and publicly communicate and discuss research workWho hires Macro graduates?Consulting FirmsFinancial ServicesGovernment & AuthoritiesInternational Organizations / Non-profitsResearch & Academic InstitutionsOther IndustriesExamples of recent placements:Accenture AG − Consultant − Zurich, SwitzerlandAIREF − Research Assistant − Madrid, SpainAustralian Federal Treasury − Analyst − Canberra, AustraliaBank of England − Economist − London, United KingdomCenter for Monetary and Financial Studies (CEMFI) − PhD Student − Madrid, SpainCPB Netherlands Bureau for Economic Policy Analysis − Macroeconomist − Amsterdam, NetherlandsEuropean Central Bank − Trainee in the DG Monetary Policy − Frankfurt, GermanyEuropean Investment Bank (EIB) − Intern in the Economic Department − Luxembourg, LuxembourgOECD − Traineeship − Paris, FranceRoland Berger − Research Specialist − Kiev, UkraineUniversitat Autònoma de Barcelona (UAB) − PhD Student − Barcelona, SpainUniversitat Pompeu Fabra (UPF) − PhD Student − Barcelona, SpainWorld Bank − Consultant − Washington, USAWorld Trade Organisation (WTO) − Intern − Geneva, Switzerland Accreditation All Barcelona GSE Master degrees have been recognized by the Catalan and Spanish Education authorities and within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”).The Barcelona GSE has been distinguished as a Severo Ochoa Center of Excellence in every edition of the program (2012-15; 2016-19; 2020-23)

Students of the Macroeconomic Policy and Financial Markets programme at Barcelona Graduate School of Economics will obtain relevant knowledge about the central issues in Macroeconomic and Financial Economics analysis, as well as the key tools, data, models, and techniques now being used by public and private institutions.

Disciplines

FinanceEconomicsEconometrics

Requirements and Admission Criteria for Master of Macroeconomic Policy and Financial Markets at Barcelona Graduate School of Economics

Academic Requirements

gre

English Requirements

IELTSMin 6.5
TOEFLMin 90

Other Requirements

1An undergraduate/bachelor/grado/laurea, or equivalent degree from an accredited college or university (for Bologna degrees, a minimum of 180 ECTS are required).A typical applicant would hold a University Diploma in Economics, Finance, Engineering, Mathematics, Statistics or Business Administration. See our Student Profile for more detailed information.GRE General TestCandidates will also be evaluated on the following admission criteria:Outstanding academic recordQuantitative skillsReference letters

Master of Macroeconomic Policy and Financial Markets at Barcelona Graduate School of Economics