Master of Economics in Finance

The Master of Economics in Finance at the University of Southern Denmark in Odense was a master’s programme in the economics family that has been closed to new applicants since the final intake in 2023. Students who want to study economics at the master’s level at SDU Odense are now directed to the general Master’s programme in Economics. That related programme runs for two years, is taught in English and combines economic theory, econometrics and data science with attention to current economic issues. Teaching there is mainly lectures supported by practical assignments, with the option of individual supervision.

Course Details

CategoryDetails
TimeFull Time
CampusOdense
Duration2
Deadline-Date01-February,
Fee Per Year8500
Application Fee100
Currencyeuro
Intake Linkhttps://www.sdu.dk/en/uddannelse/kandidat/optagelse/non_eu_admission
Deadline Linkhttps://www.sdu.dk/en/uddannelse/kandidat/optagelse/non_eu_admission
IntakesSeptember
Program language requirementEnglish level B When applying for a programme with an English language requirement, you must prove your English language proficiency in one of the ways listed below. Important Update: New English Language Test Requirements for September 2026 Intake Starting with the September 2026 intake, the English language test requirements have changed: TOEFL iBT or iBT Home Edition Minimum total score: 83, No section scores below 20, Test must be taken within the last 2 years Accepted: TOEFL iBT Special Home Edition Not accepted: MyBest scores or TOEFL Essentials IELTS Academic Minimum overall band score: 6.5, No section band score below 6.5, Test must be taken within the last 2 years Accepted: IELTS Academic Online Not accepted: IELTS One-Skill Retake Cambridge English Qualifications C1 Advanced (CAE): Minimum score 180, C2 Proficiency (CPE): Accepted,

Who can Choose this program?

A recognized bachelor’s degree (minimum 3 years, ideally 4 years) from an HEC-recognized Pakistani university in a quantitative field such as: Economics Finance Business Economics (with strong quantitative focus) Mathematics, Statistics (with economics/finance background)

Additional Information

CategoryDetails
Scope of the programThe finance-oriented programme is no longer open for admission, so career information is drawn from the Economics master's that replaces it. Graduates of that programme work in industry, consulting firms, academia, ministries and other public institutions, and in a range of public and private organisations. The quantitative training in econometrics and data science, together with the finance courses in the first year, supports analytical roles that rely on modelling and interpreting economic data. Graduates can also continue towards research careers in academia. Applicants interested in finance should apply through the Economics programme in Odense instead.
Program entry requirementTo apply for the Master's programme in Economics, you need a relevant Bachelor's degree. You can apply if you hold one of the following degrees: BSc in Economics from SDU - gives you a legal claim for admission BSc in Economics from another Danish university BSc in Mathematics and Economy from SDU or another Danish university BSc in Economics and Business Administration (HA) from SDU. The degree is qualifying if it includes the following courses: - Behavioural economics (10 ECTS) or Strategy and markets (10 ECTS) or Welfare economics (10 ECTS) - Econometrics (10 ECTS) or Regression analysis (10 ECTS) You can also apply if you hold a similar degree. As a minimum, the following subjects must be included with the stipulated number of ECTS: Mathematics 10 ECTS Statistics and econometrics 15 ECTS Microeconomics 20 ECTS Macroeconomics 10 ECTS Finance 10 ECTS In addition to the above-mentioned ECTS requirements, we require: 5 ECTS of a course on Research Methodology and Theory of Science or a Bachelor thesis (Minimum 10 ECTS). A thesis is defined as an independent scientific work written at the end of the study program.
Required GPABachelor’s: CGPA of 2.5 or equivalent (may vary by program).
GRE RequiredNo. GRE scores are not listed as an admission requirement; admission is based on a relevant bachelor's degree, programme-specific requirements and proof of English proficiency.
GMAT RequiredNo. GMAT scores are not listed as an admission requirement for this programme.
Application ProcessApplication Process: University Application Documents • Completed university application form • All academic transcripts (officially translated into English or Danish) • Passport/Travel document • ID Photo • CV • LoM / SOP (Letter of Motivation / Statement of Purpose) • Proof of English/Danish language proficiency • Proof of financial support • Any other required documents depending on the University (e.g., references, medical certificates) 2. Attestation & Legalization (For Visa ONLY – Not for University Application) • Legalization of educational documents is a must for Visa Apply not for applying in University. (Depends case to case) • Attestation from IBCC, HEC and MOFA is also mandatory for Visa application but not for applying in university. (Depends case to case) 3. Visa Fee & Financial Requirements • Visa fee: 334 Euros • Bank Statement: 11k Euros • Bank statement age: 6 months old • Sponsor: Self or Parents
Available Scholarshipshttps://studyabroadupdates.com/danish-government-scholarship/
Program accreditationThe University of Southern Denmark (SDU) holds positive institutional accreditation from the Danish Accreditation Institution, so the degree is quality-assured and state-recognised in Denmark. The programme is offered through SDU Business School, which is AACSB-accredited.
Living expensesLiving Expenses in Denmark • Monthly Budget: Generally ranges from DKK 6,000 to DKK 10,000 (~€800 to €1,350). Copenhagen is significantly more expensive than regional cities. • Upfront Costs: Expect a heavy initial cash layout—landlords frequently require 3 months of rent as a deposit plus the first month's rent upfront. • Visa Proof of Funds: You must show access to roughly €11,000 to €13,000 in a bank account under your name to satisfy SIRI visa requirements for the first year. • Perk: Public healthcare is 100% free once you receive your CPR number.
Visa Process DetailsVisa Checklist 1. Paper/Online Application Form (Online Preferred) 2. SIRI Processing Fee Receipt 3. Travel Document / Passport 4. Previous Visa History Documents (if any) 5. Recent ID Photos (recent, white background, no headwear) 6. All Academic Transcripts 7. Previous Work Experience (if any) 8. Original CNIC & Family Registration Certificate issued by NADRA (in English) 9. Police Character Certificate 10. Medical and Travel Insurance (covers €30,000 in Schengen Area) 11. Proof of English/Danish Language Proficiency (IELTS or TOEFL) 12. Verification of payment for studies provided by the educational establishment 13. Proof of Accommodation and Flight Reservation (both ways) 14. LOM / SOP 15. Financial Means Proof: Bank statement for the last six months in your own name or your guardian's name, containing funds to support your stay – €914 per month. You must multiply the amount by the number of months you will be studying in a higher educational program in Denmark (for a maximum of 12 months, approximately €11,000). However, the bank statement must not be older than 30 days. 16. The Consular might ask for additional documents if found necessary.
Part timeworkPart-Time Work in Denmark • Hours: Non-EU students can work up to 90 hours per month during semesters and full-time in June, July, and August. • Average Pay: High hourly wages, typically DKK 130 to DKK 200 (~€17 to €27) depending on the sector. • Essentials: Requires a CPR number (residence registration), a NemKonto (bank account), and a Tax Card (Skattekort) to avoid a default 55% tax rate.
Post-study work opportunityPost-Study Work Opportunities • 3-Year Job-Seeking Permit: Automatically granted or easily accessible upon graduating from an accredited Danish higher education program. • Work Rights: You can continue working part-time (90 hours/month) while searching for a career-level role. • Switching to a Full Work Visa: Once you find a full-time professional job, you can transition smoothly into a regular work permit via fast-track systems like the Pay Limit Scheme (minimum salary requirement applies) or the Positive List (shortage occupations).

What are the admission requirements for the Master's programme in Economics at the University of Southern Denmark?

To apply for the Master's programme in Economics, you need a relevant Bachelor's degree that includes specific ECTS requirements in Mathematics, Statistics, Econometrics, Microeconomics, Macroeconomics, and Finance. Additionally, you must have 5 ECTS of a course on Research Methodology or a Bachelor thesis.

What is the duration and structure of the Master's programme in Economics?

The Master's programme in Economics at the University of Southern Denmark has a duration of two years. The first year includes advanced courses in microeconomics, macroeconomics, microeconometrics, and finance. Details for the second year, including electives and thesis options, should be referred from the programme structure page of the Economics master's.

What is the tuition fee for the Master's programme in Economics?

The tuition fee for the Master's programme in Economics at the University of Southern Denmark is €8,500 per year. An application fee of €100 is also required.

What English language requirements are there for international applicants?

International applicants must prove their English language proficiency through tests such as TOEFL or IELTS. For the September 2026 intake, a minimum TOEFL score of 83 or IELTS score of 6.5 is required.

Are there part-time work opportunities for students in Denmark?

Yes, non-EU students can work up to 90 hours per month during semesters, and full-time during June, July, and August. The average pay is between DKK 130 to DKK 200 per hour.

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