Master of International and Development Economics (MIDE) at HTW Berlin University of Applied Sciences
In a world increasingly defined by economic interdependence and global challenges, understanding international and development economics is crucial. The Master of International and Development Economics (MIDE) at HTW Berlin University of Applied Sciences offers a rigorous and comprehensive program designed to equip students with the knowledge and skills needed to navigate and address the economic issues facing developing countries. This program is particularly geared towards those from developing and transition economies, but it is also open to students from developed nations who have a keen interest in global economic development.
Overview of the Program
- Degree: Master of Arts
- Teaching Language: English (100%)
- Duration: 3 semesters (18 months, full-time)
- Start Date: Summer semester (April each year)
- Application Deadline: 30 September each year (31 August for applications with DAAD scholarship)
Tuition Fees: 2,500 EUR service fee (lump sum payable upon admission)HTW Berlin, the largest university of applied sciences in Berlin, offers this 18-month full-time Master’s degree program entirely in English. The MIDE program is structured to enhance students’ understanding of development economics, the international economic context in which socio-economic development occurs, and the key sectors and policy areas pertinent to developing nations. The program is particularly well-suited for students who have a background in economics, business administration, or other social sciences with a focus on economics.
Why Choose MIDE at HTW Berlin?
- Global Perspective: The MIDE program is tailored for students who are passionate about the economic challenges that developing and transition countries face. It prepares students to work in international economic affairs and development, offering a unique blend of theoretical and practical knowledge.
- Diverse Student Body: The program attracts a diverse group of students from various countries, creating a rich cultural and intellectual environment. This diversity enhances the learning experience, allowing students to gain different perspectives on global economic issues.
- Comprehensive Curriculum: The curriculum covers a broad range of topics, including financial institutions, environmental issues, public enterprises, and the formulation of development policies. Students are exposed to both the principal theoretical debates in development economics and practical examples of strategies, policies, and projects.
- Experienced Faculty: HTW Berlin boasts a faculty of experienced academics and practitioners who bring a wealth of knowledge and real-world experience to the classroom. The faculty is committed to providing a high-quality education that prepares students for successful careers in development economics.
- Strategic Location: Berlin, as the capital of Germany and a hub of economic activity in Europe, offers an ideal setting for studying international and development economics. The city provides numerous opportunities for networking, internships, and exposure to international organizations and businesses.
Course Details
The MIDE program is divided into three semesters, each focusing on different aspects of international and development economics. The curriculum is designed to provide students with a deep understanding of the complexities of economic development in a globalized world.
First Semester: The first semester focuses on the foundational concepts of development economics and international economic relations. Courses cover topics such as microeconomics, macroeconomics, and international trade, providing students with the theoretical tools needed to analyze economic issues.
Second Semester: In the second semester, students delve deeper into the specific challenges faced by developing countries. Courses cover topics such as financial markets, public finance, environmental economics, and development policy. This semester emphasizes the application of economic theory to real-world problems.
Third Semester: The third semester is dedicated to the Master’s thesis, where students conduct independent research on a topic of their choice related to international and development economics. This research project allows students to apply the knowledge they have gained throughout the program to a specific issue or problem in the field.
Throughout the program, students are encouraged to engage in discussions, group work, and case studies, fostering a collaborative learning environment. The program also includes guest lectures from practitioners in the field, providing students with insights into current trends and challenges in development economics.
Costs and Funding
The MIDE program charges a service fee of 2,500 EUR for the complete study program, payable as a lump sum upon admission. This fee covers tuition and access to various university resources. While this fee is relatively modest compared to other international Master’s programs, students should also consider additional costs such as living expenses in Berlin, health insurance, and study materials.
For students seeking financial assistance, HTW Berlin provides information on scholarships and funding opportunities. Notably, students from developing countries may apply for the DAAD (German Academic Exchange Service) scholarship, which provides financial support to cover living expenses, travel costs, and health insurance.
Admission Requirements
To be eligible for the MIDE program, applicants must meet the following requirements:
- Academic Background: Applicants should have a Bachelor’s degree in economics, business administration, or another social science with a strong focus on economics. The program is particularly geared towards students who have a solid foundation in economic theory and quantitative methods.
- Language Proficiency: As the program is taught entirely in English, applicants must demonstrate proficiency in the English language. This can be proven through a TOEFL or IELTS score, or by having completed a previous degree in English.
- Work Experience: While not mandatory, relevant work experience in the field of economics or development can strengthen an application. The program values students who bring practical experience to the classroom, as this enhances the overall learning experience.
- Motivation Letter: Applicants must submit a motivation letter explaining their interest in the MIDE program and how it aligns with their career goals. This letter should highlight the applicant’s academic background, relevant experience, and future aspirations.
- Application Deadline: The application deadline is 30 September each year for the program starting in April of the following year. For those applying for a DAAD scholarship, the deadline is 31 August.
Application Process
The application process for the MIDE program is straightforward. Prospective students must complete the online application form on the HTW Berlin website and submit all required documents, including transcripts, a motivation letter, proof of English proficiency, and letters of recommendation.
Applicants who wish to apply for the DAAD scholarship should indicate this in their application and submit the required documentation by the earlier deadline. It is important to ensure that all documents are complete and submitted on time, as late applications will not be considered.
Career Prospects
Graduates of the MIDE program are well-equipped to pursue careers in a variety of fields related to international and development economics. The program’s focus on both theory and practice ensures that graduates have the skills needed to analyze economic issues and develop effective policies.
Potential Career Paths:
- International Organizations: Graduates may find employment with international organizations such as the United Nations, World Bank, International Monetary Fund, and various NGOs working on development issues.
- Government Agencies: Many graduates work for government agencies in their home countries or abroad, focusing on economic policy, trade, and development.
- Private Sector: The private sector offers opportunities in consulting firms, multinational corporations, and financial institutions, where graduates can apply their knowledge of international economics to business strategies and market analysis.
- Academic and Research Institutions: Some graduates choose to continue their studies at the doctoral level or work in research institutions, contributing to the academic field of development economics.
The Master of International and Development Economics (MIDE) at HTW Berlin University of Applied Sciences is an exceptional program for students who are passionate about understanding and addressing the economic challenges facing developing countries. With a comprehensive curriculum, experienced faculty, and a diverse student body, the program offers a unique opportunity to gain the knowledge and skills needed to make a meaningful impact in the field of development economics.
Whether you are from a developing country looking to contribute to your nation’s growth or from a developed country with a keen interest in global economic issues, the MIDE program provides the perfect platform to advance your career and make a difference in the world.