Economy, State and Society: Economics and Business MA (International)

London, Bloomsbury for year one and either Belgrade, Budapest, Kraków, Prague, St Petersburg or Tartu for year two

Our International Master's in Economy, State and Society is a unique, innovative and dynamic postgraduate programme offered by a consortium of leading European universities, leading to the award of a highly prestigious double degree. You will spend your first year at UCL SSEES and your second year at a partner university of your choice in the SSEES region.

UK students International students
Study mode
UK tuition fees (2023/24)
Overseas tuition fees (2023/24)
2 calendar years
Programme starts
September 2023
Applications accepted
All applicants: 17 Oct 2022 – 19 Jan 2023

Applications closed

Deadline for receipt of references is 30 April 2023.

Entry requirements

A minimum of an upper second-class Bachelor's degree in a relevant discipline from a UK university or an overseas qualification of an equivalent standard. Applicants are usually expected to have studied macroeconomics, microeconomics and quantitative methods/statistics in their degree.

The English language level for this programme is: Level 2

UCL Pre-Master's and Pre-sessional English courses are for international students who are aiming to study for a postgraduate degree at UCL. The courses will develop your academic English and academic skills required to succeed at postgraduate level. International Preparation Courses

Further information can be found on our English language requirements page.

Equivalent qualifications

Country-specific information, including details of when UCL representatives are visiting your part of the world, can be obtained from the International Students website.

International applicants can find out the equivalent qualification for their country by selecting from the list below. Please note that the equivalency will correspond to the broad UK degree classification stated on this page (e.g. upper second-class). Where a specific overall percentage is required in the UK qualification, the international equivalency will be higher than that stated below. Please contact Graduate Admissions should you require further advice.

About this degree

You will undertake rigorous research methods training, discipline-based and area studies training and language tuition. You will develop cultural and linguistic knowledge of Eastern and Western Europe, and acquire the skills to identify and critically analyse key factors shaping the economies, states and societies of the SSEES region. 

Further details on the structure is outlined in the Programme Handbook

Who this course is for

Our programme is designed to attract and challenge the brightest students, as well as professionals wishing to retrain to acquire European expertise, and meet the challenges of the changing global environment. Evidence of English language ability is essential but there are no other language pre-requisites.

What this course will give you

Our International Master's in Economy, State and Society offers you a unique opportunity to study the economies, states and societies of the wider European region in both London and the SSEES region.

You will benefit from an integrated study programme, with the first year spent at the UCL School of Slavonic & East European Studies (SSEES) and the second at one of our partner universities in the Czech Republic (Prague), Estonia (Tartu), Hungary (Budapest), Poland (Kraków)) and Serbia (Belgrade).

You will have access to our specialist library, which is unrivalled in the UK, and our central London location provides an ideal environment for research. Our close contacts with employers, policymakers and alumni provides you with excellent opportunities for networking and career development.

Students follow one of four study pathways and graduate with a double degree.

The foundation of your career

Graduates of the programme have taken leadership positions in distinguished private and public sector organisations (including the IMF, EBRD, OSCE, NATO, United Nations, in risk control, banks and financial institutions, diplomacy and media, and the civil service) and many have also continued to doctoral studies. Scholarships, internship opportunities and excellent links with other universities in the region provide further benefits.


Our graduates progress to careers in governmental or international organisations, and many specialise in finance, commerce, analysis or consultancy. Others begin careers in diplomacy, journalism, or in non-governmental organisations. Others have continued to further study with many students undertaking PhDs.

Teaching and learning

You will be taught via a combination of lectures, seminars, tutorials and research supervision. You will be assessed by written examination, coursework and dissertation; language courses involve an oral examination.

Each 15-credit module is equivalent to 150 hours of study and a 30 credit module equivalent to 300 hours of study. Contact hours may vary depending on module choices, but full-time students will approximately have 8-10 hours of contact hours each week during term time.


You will undertake modules to a total value of 300 UCL credits/120 ECTS, with 150 UCL credits/60 ECTS taken in year one at UCL and 60 ECTS taken in year two at your chosen institution.

Year one: compulsory modules (60 UCL credits/24 ECTS), and optional modules (90 UCL credits/36 ECTS).

Year two: dissertation (30 or 40 ECTS) and optional modules (20 or 30 ECTS).

Further details on the structure is outlined in the Programme Handbook

A note on ECTS credit conversion for the IMESS programme

Since 2015-16 UCL has moved to the ECTS credit system practiced by other UK Higher Education Institutions, where 2 UCL credits = 1 ECTS.  This differs from the approach to teaching and awarding qualifications in the rest of Europe.  To ensure the interests of all partners, the IMESS Consortium continues to operate based on the ECTS credit system practiced in the rest of Europe, ie 2.5 UCL credits = 1 ECTS.  To reflect these differences, the UCL transcript includes two additional columns showing ECTS-converted credits, one using a UK/UCL conversion rate and one using an EU/IMESS conversion rate, with an explanatory note.

Please note that the list of modules given here is indicative. This information is published a long time in advance of enrolment and module content and availability are subject to change. Modules that are in use for the current academic year are linked for further information. Where no link is present, further information is not yet available.

You will take modules to a total value of 120 ECTS, with 60 ECTS taken in year one at UCL and 60 ECTS taken in year two at your chosen institution. Upon successful completion of 120 credits, you will be awarded an MA (International) in Economy, State and Society: Economics and Business.


Details of the accessibility of UCL buildings can be obtained from AccessAble Further information can also be obtained from the UCL Student Support & Wellbeing team.

Online - Open day

Graduate Open Events: UCL SSEES - International Masters in Economy, State and Society (IMESS)

Dr Chiara Amini hosts a Q&A for the International Masters in Economy, State and Society (IMESS) programme.

Fees and funding

Fees for this course

UK students International students
Fee description Full-time
Tuition fees (2023/24) £12,600
Tuition fees (2023/24) £22,400

Fees for this programme are set by agreement with IMESS Management Board.
The IMESS programme is excluded from the Study Abroad 15% fee rules.

The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Where the programme is offered on a flexible/modular basis, fees are charged pro-rata to the appropriate full-time Master's fee taken in an academic session. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Students website:

Additional costs

You will need to budget for living costs for both your first year at UCL and the second year abroad, which may vary depending on which country you study in. Visa costs should be factored if applicable. If you need any guidance please email

For more information on additional costs for prospective students please go to our estimated cost of essential expenditure at Accommodation and living costs.

Funding your studies

We offer a number of IMESS scholarships, available to Home and International students. All applicants who apply by the end of March are automatically considered. Further details can be found at

For a comprehensive list of the funding opportunities available at UCL, including funding relevant to your nationality, please visit the Scholarships and Funding website.

Next steps

Students are advised to apply as early as possible due to competition for places. Those applying for scholarship funding (particularly overseas applicants) should take note of application deadlines.

There is no application fee for this programme.

When we assess your application we would like to learn:

  • why you want to study Economy, State and Society at graduate level
  • why you want to study Economy, State and Society at UCL
  • what particularly attracts you to this programme
  • how your personal, academic and professional background meets the demands of a challenging and truly international academic environment
  • where you would like to go professionally with your degree
  • Applicants are usually expected to have studied one term of both microeconomics and macroeconomics in their undergraduate degree.

Together with essential academic requirements, the personal statement is your opportunity to illustrate whether your reasons for applying to this programme match what the programme will deliver.

*Applicants are expected to have studied one term of both microeconomics and macroeconomics in their undergraduate degree.

You must complete the IMESS Supplementary Questionnaire which substitutes for the personal statement. Applicants in the final stages of an undergraduate degree are very welcome to apply but you must present your transcript of marks no later than 31 August for the year of entry.

All applicants are required to complete the IMESS Supplementary Questionnaire in place of the personal statement. This can be downloaded from the IMESS website:

Please note that you may submit applications for a maximum of two graduate programmes (or one application for the Law LLM) in any application cycle.

UCL is regulated by the Office for Students. University of Belgrade, Serbia is regulated by Serbian Ministry of Education; Corvinus University of Budapest, Hungary is regulated by the Hungarian Ministry of Education; Jagiellonian University, Krakow, Poland is regulated by the Polish Ministry of Science & Higher Education; Charles University, Czech Republic is regulated by Czech Ministry of Education, Youth and Sport; Higher School of Economics, St Petersburg, Russia is regulated by the Ministry of Science & Higher Education of the Russian Federation Moscow; University of Tartu, Estonia is regulated by the Estonian Ministry of Education and Research.