Master of Economics

KU Leuven
Economics
Masters
Social & Behavioural Science
Private University
Belgium

The Master of Economics at KU Leuven is a 1-year full-time master’s programme (60 ECTS) based on the Leuven campus. It falls under Social & Behavioural Science and covers micro- and macroeconomics, econometrics and economic policy. Teaching languages listed for the programme: English and Dutch; the main intake is in September. Students build theoretical knowledge and practical skills through courses, seminars, research projects and a master’s thesis. The programme suits students who want a solid academic or professional base in economics and are ready for specialised study. Listed tuition is about €9,493 per year; KU Leuven’s Belgium location also offers access to a wide international research network.

Course Details

Category	Details
Time	Full Time
Campus	Leuven
Duration	1
Deadline-Date	1-March,
Fee Per Year	9493
Application Fee	public universities charging between €50 and €200 (or no fee at all), while private institutions and business schools generally charge higher fees ranging from €100 to €300+
Currency	euro
Intake Link	https://www.kuleuven.be/programmes/master-economics
Deadline Link	https://www.kuleuven.be/programmes/master-economics
Intakes	September
Program language requirement	TOEFL iBT 94, IELTS 7.0

Who can Choose this program?

Bachelor’s degree in a relevant field, specifically: Economics (preferred) Finance / Banking Business Administration / Management (with economics coursework) International Relations (with economics focus) Mathematics / Statistics (with economics background) Social Sciences (with strong quantitative components)

Additional Information

Category	Details
Scope of the program	Graduates of the Master of Economics can work in central banks, government, consulting, finance and international organisations. Typical roles include economist, policy analyst, financial analyst, researcher. Graduates can continue to doctoral (PhD) research at KU Leuven or elsewhere, or move directly into the job market. International graduates can explore both the Belgian and wider European job markets, where KU Leuven's name is widely recognised. The degree develops analytical thinking, subject expertise in economics, research and problem-solving skills, and teamwork in international classrooms.
Program entry requirement	A recognised Bachelor’s degree (academic bachelor) or equivalent is required for entry to KU Leuven Master programmes.
Required GPA	Master's: A recognized 4-year Bachelor's degree in a relevant discipline with a minimum CGPA of 2.5/4.0 or equivalent. Competitive universities generally prefer 3.0/4.0 or higher.
GRE Required	No
GMAT Required	No
Application Process	1. Apply to a Belgian university or higher education institution by submitting academic transcripts and certificates, a personal statement or motivation letter, and proof of language proficiency (English/French/Dutch, such as IELTS or institutional requirements). 2. Receive an official admission/acceptance letter from a recognized Belgian institution. 3. Pay the required tuition fee or enrollment fee (if requested by the institution). Proof of payment is often required before or during the visa application process. 4. Start your long-stay (Type D) student visa application through the Belgian Embassy, Consulate, or VFS Global in your country (Belgium does not use an online system like AVATS). 5. Prepare and submit all required supporting documents, including a passport valid for at least 12 months, an acceptance letter from a Belgian institution, proof of sufficient financial means (blocked account, sponsorship, or scholarship), proof of accommodation in Belgium, a medical certificate, a police clearance certificate (if required), health/medical insurance, a motivation letter / Statement of Purpose (SOP), and recent passport-sized photographs. 6. Pay the visa application fee as instructed by the Belgian Embassy or VFS Global. 7. Submit your application, documents, and biometrics at the nearest Belgian Embassy, Consulate, or VFS Global Visa Application Centre. 8. Track your application using the reference number provided after submission and wait for the visa decision.
Available Scholarships	https://studyabroadupdates.com/scholarships/
Program accreditation	Accredited by NVAO (Accreditation Organisation of the Netherlands and Flanders), the Flemish programme accreditation body; the Faculty of Economics and Business holds EQUIS accreditation
Living expenses	Cost of Living in Belgium The cost of living for international students in Belgium depends on the city and your lifestyle. On average, students spend between €700–€800, and in some cases over €1,000 per month. Accommodation  €300–€500 per month for student housing  Private apartments or studios cost more  Brussels is relatively affordable compared to cities like London, Paris, Amsterdam, and Berlin Food  Around €250–€300 per month  Cooking at home helps save money  Eating out regularly increases costs Transportation  Students get discounted public transport passes  Leuven: yearly bus pass costs about €25  Brussels: under-24 students can get a yearly pass for as low as €12 Overall Monthly Budget  Average: €700–€800  Higher end (private housing & lifestyle): €1,000
Visa Process Details	1. Passport: Valid passport with old ones if available (Mandatory). 2. CNIC / B-Form / FRC: ID and family relation documents (Mandatory). 3. Photographs: Biometric/passport-sized photo (Mandatory). 4. Offer Letter: Official unconditional admission letter (Mandatory). 5. Tuition Fee Receipt: Deposit, payment, or scholarship proof (Mandatory/Conditional). 6. Academic Documents: Transcripts and degrees with attestations (Mandatory). 7. Language Certificate: IELTS, TOEFL, or language proof (Conditional). 8. CV / Resume: Updated resume with gap details (Mandatory/Conditional). 9. SOP / Motivation Letter: Study plan and home ties explanation (Mandatory/Conditional). 10. Financial Documents: Bank statements, income, and funds proof (Mandatory). 11. Sponsor Documents: Sponsor ID, relation, affidavit, and income proof (Conditional). 12. Accommodation Proof: Housing booking or address (Mandatory/Conditional). 13. Insurance: Travel/health insurance (Mandatory/Conditional). 14. Police Certificate: Character certificate if required (Conditional). 15. Medical Certificate: Medical/TB/polio clear certificate (Conditional). 16. Translations / Legalization: Certified translations or attestations (Conditional). 17. Previous Refusals: Refusal letters with explanations (Mandatory if applicable). 18. Travel History: Visas, stamps, and travel proof (Conditional). 19. Family / Home Ties: Property, business, or family return proof (Recommended). 20. Country-Specific: Blocked account / Annex 32 / solvency proof (Country-specific). 21. Country-Specific: Medical and police clearance (Country-specific). 22. Country-Specific: Belgian institution enrolment evidence (Country-specific).
Part timework	Part-Time Job Options for International Students in Belgium International students in Belgium are allowed to work part-time while studying, subject to visa conditions. Common Part-Time Job Options Retail jobs: supermarkets, clothing stores, shopping centers Hospitality sector: cafés, restaurants, hotels, fast-food outlets Customer service: call centers, front desk assistants Campus jobs: library assistant, administrative support, student ambassador Delivery & logistics: food delivery, warehouse assistant (where legally permitted) Tutoring: academic tutoring or language support (subject-based skills) Working Hours  Up to 20 hours per week during term time •Full-time work allowed during official holidays (summer, winter, and Easter breaks) Wages  Minimum wage depends on age and experience  Average student earnings range from €11–€13 per hour Requirements  Valid Belgian residence permit (student status)  Student employment contract  Registration with the National Social Security Office (NSSO)  Belgian bank account (recommended)
Post-study work opportunity	Post-Study Work Opportunities Belgium's post-study work situation improved significantly with 2018 immigration reforms, but it's still not as straightforward as Canada or Australia's graduate visa programs. Students can work 20 hours/week during their studies (outside class hours).

What are the admission requirements for the Master of Economics at KU Leuven?

To apply for the Master of Economics at KU Leuven, you need a recognized Bachelor's degree in a relevant field, such as Economics, Finance, Business Administration, International Relations, Mathematics, Statistics, or Social Sciences. Additionally, a minimum CGPA of 2.5/4.0 is required, although more competitive applicants typically have a CGPA of 3.0/4.0 or higher.

What is the tuition fee for the Master of Economics program at KU Leuven?

The tuition fee for the Master of Economics program at KU Leuven is approximately €9,493 per year. Additionally, keep in mind that there may be an application fee ranging from €50 to €200, depending on the institution.

What are the language requirements for the Master's program?

For the Master of Economics at KU Leuven, students must demonstrate language proficiency in English. This can be fulfilled by achieving a TOEFL iBT score of 94 or an IELTS score of 7.0.

What are the living expenses for international students in Belgium?

On average, international students in Belgium spend between €700 and €800 per month. This includes accommodation costs, which range from €300 to €500 per month for student housing, and food expenses, which are around €250 to €300 per month. Public transportation is also affordable for students.

Are there part-time work opportunities for international students in Belgium?

Yes, international students in Belgium are allowed to work part-time while studying, up to 20 hours per week during term time and full-time during official holidays. Common job options include positions in retail, hospitality, customer service, campus jobs, and tutoring.