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International and Monetary Economics (MIME) Degree: Master

MIME is a joint, specialized Master’s degree offered by the Universities of Basel and Bern.

University of Basel, International and Monetary Economics (MIME), Master

A comprehensive understanding of monetary policy, financial markets and their regulatory environment constitutes the core of this master’s program, particularly designed for students with a strong background in quantitative economics. In the context of growing economic globalization, international issues regarding monetary policy and macroeconomics in general are becoming increasingly important. This is particularly the case for small open economies such as Switzerland, a substantial portion of whose income is derived from the export of goods and services as well as from capital earnings. It also applies to the growing integrated market of the European Union, to many emerging economies as well as to large mature economies (such as the U.S.) that are more affected by international developments today than they were in the past. As domestic aspects become relatively less important, it is essential to the economic wellbeing of many countries that competent specialists are trained to focus on aspects of international economics. Especially the recent financial crisis and its effects on economies throughout the world demonstrate how important an efficiently functioning monetary sector is for today’s global economy. 

Course structure

The study programme entails achievements totalling 90 credit points of the European Credit Transfer System (ECTS) and a statutory period of study of three semesters. Part-time study increases the duration of the programme accordingly. One ECTS credit point roughly equals 30 hours of studying.

Master of Science (90 ECTS)

Combination of subjects

There is no possibility to combine this Master with other Master programs.

Career opportunities

Graduates of this master’s degree would typically seek a professional career opening in the following areas:

Macroeconomic analysis with reserve banks and commercial banks, public authorities (e.g. finance or tax administrations), financial markets supervisory bodies, media communications, expert groups of political governing boards or international organizations, and Academia.

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