The International Master's in Economy, State and Society is a unique, innovative, dynamic yet firmly established postgraduate programme offered by a consortium of leading European universities. It leads to the award of a highly prestigious double degree. All students will spend their first year at UCL SSEES and their second year at a partner university of their choice.
Modes and duration
Tuition fees (2020/21)
Note on fees: The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Students website. The tuition fees shown are for the year indicated above. Fees for subsequent years may increase or otherwise vary. Further information on fee status, fee increases and the fee schedule can be viewed on the UCL Students website. Fees for this programme are set by agreement with IMESS Management Board.
Normally 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 one term of both microeconomics and macroeconomics in their undergraduate degree.
English language requirements
If your education has not been conducted in the English language, you will be expected to demonstrate evidence of an adequate level of English proficiency.
The English language level for this programme is: Good
Further information can be found on our English language requirements page.
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.
Select your country:
About this degree
The programme combines rigorous research methods training, discipline-based and area studies training and intensive language tuition. Students 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 expanding European region. All students will spend their first year at UCL SSEES and their second year at a partner university of their choice.
Students 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 their chosen institution.
Upon successful completion of 240 credits, you will be awarded a MA (International) in Economy, State and Society: Economics and Business.
Year one compulsory modules
Compulsory (methods) modules to the value of 12 ECTS and at least one of the core modules to the value of 12 ECTS as listed below.
- Quantitative Methods (6 ECTS/15 UCL credits)
- Advanced Quantitative Methods (6 ECTS/15 UCL credits)
- Political Economy of International Business (12 ECTS/30 UCL credits) OR International Macroeconomic Policy (12 ECTS/30 UCL credits)
*If not taken in year one, the Language module is compulsory in year two.
24 ECTS or 36 ECTS if no language taken in year one
- A selection of thematic SSEES modules from the relevant track which may include:
- Trade and FDI with reference to Eastern Europe
- Corporate Governance
- Corporate Finance and Investment in Emerging Markets
- Financial Development
- Causes, Consequences and Control: Corruption and Governance
- Public Choice-Private Interest
- Economic Development and Policies
- Informal Practices in Post-Communist Societies
- International Macroeconomic Policy
Year 2 modules will vary depending on second year destination choices. Please visit the IMESS website for further information.
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 is subject to change.
All students undertake an independent research project in their second year, which culminates in a dissertation of approximately 20,000–25,000 words.
Teaching and learning
The programme is delivered through a combination of lectures, seminars, tutorials and research supervision. Assessment is 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.
Students will need to budget for living costs for both their 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 firstname.lastname@example.org
Detailed module information
Graduates of this programme are qualified to progress to doctoral research in the European area; others may advance to careers in governmental or international organisations, and may specialise in finance, commerce, analysis or consultancy. Others may seek a career in diplomacy, or in journalism, or in non-governmental organisations. Indeed, the scope of IMESS is broad and so too, correspondingly, are the post-IMESS possibilities.
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.
Why study this degree at UCL?
The International Master's in Economy, State and Society is fast becoming the programme of choice for students with a serious interest in the economies, states and societies of the wider European region.
Students 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 the partner universities in the Czech Republic (Prague), Estonia (Tartu), Hungary (Budapest), Poland (Kraków), Russia (St Petersburg) and Serbia (Belgrade).
Our specialist library is unrivalled in the UK and our central London location provides an ideal environment for research. Our close contacts with employers, policymakers and alumni afford excellent opportunities for networking and career development.
What our students and staff say
"UCL is an energetic place that is clearly on an upward trajectory, bustling with original thinkers doing cutting-edge work and incredibly talented students from all over the world. Definitely the place to study and do research at the beginning of the 21st century."
Professor Jan Kubik
UCL School of Slavonic & East European Studies
Application and 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.
Who can apply?
This programme is designed to attract and challenge the brightest European Union and international 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 prerequisites.
- All applicants
- 24 July 2020
- Scholarship applicants
- 27 March 2020
All applicants must complete the IMESS Supplementary Questionnaire which substitutes the personal statement. Applicants in the final stages of their undergraduate degree may apply but must present their transcript of marks no later than 31 August for the year of entry.
For more information see our Applications page.Apply now
What are we looking for?
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.
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.