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Economy, State and Society: Economics and Business MA Structure

Compulsory and elective modules for the IMESS: Economics and Business MA. One year is spent at UCL and the second year at an IMESS Partner Institution.

Year 1: 60 ECTS (150 UCL Credits) at UCL

Common Programme for all tracks
Language: 0 or 12 ECTS (0 or 30 UCL Credits)

Notes:

  • Intermediate, Intermediate Plus, Advanced and Advanced Superior Russian available in most years.
  • If no language taken in year 1, compulsory in year 2.
Core modules: 24 ECTS

Compulsory Modules: (12 ECTS// 30 UCL Credits) 

One Core Module: (Non Condonable if selected as a core module) (12 ECTS// 30 UCL Credits) from either: 

Elective Modules: 24 ECTS/60 UCL Credits, or 36/90 if no language taken) 

Note: the lists are provisional and subject to change.

One elective (max 6 ECTS//15 UCL Credits) may be taken from another IMESS track

Country-specific course requirements

Students going to HSE, St Petersburg in Year 2, must take TWO of the following modules in Year 1 at UCL:

If you are going to Krakow in Year 2, you must take at least one of the following modules:

Year 2: 60 ECTS

University of Belgrade (Serbia)

Language: Serbian or Russian (0 or 12 ECTS)

Russian language 1 (6 ECTS)
Russian language 2 (6 ECTS)
Serbian as a foreign language 1 (6 ECTS)
Serbian as a foreign language 2 (6 ECTS)
Note: If no language taken in year 1, compulsory in year 2.

Compulsory Dissertation (30 ECTS)

Research/thesis seminar (15 ECTS)
Written thesis and defence (15 ECTS) 

Compulsory modules for Politics and the International Economy Track

Balkan in modern history
Economic transition 

Electives (18 ECTS, 30 if no language taken)

Note: the lists are provisional and subject to change.
Economic Transition I (6 ECTS)
Economic Transition II (6 ECTS)
Business negotiation (6 ECTS)
Integrated marketing communication (6 ECTS)
Post-communist Balkans (6 ECTS)
The Balkans in modern history (6 ECTS)
The Balkans in the global economic history (6 ECTS)

Corvinus University (Hungary)

Language: Hungarian (0 or 12 ECTS)

Intermediate or beginners Hungarian or Russian
Note: If no language taken in year 1, compulsory in year 2.

Compulsory Dissertation (30 ECTS)

Dissertation Specialism 1, 2 (0 ECTS)
Written thesis and defence (30 ECTS)

Electives (18 ECTS, 30 if no language taken)

Note: the lists are provisional and may be subject to change.

  • Advanced Quantitative Methods
  • Bank Finance
  • Business Strategies in CEE
  • Central and Eastern Europe from a Global Perspective
  • Climate Change and Sustainable Development
  • Comparative Economics
  • Comparative Political Economy
  • Data analysis using STATA Quantitative Methods in International Economic Analysis
  • Development and Crises in East Central Europe
  • Development Economics
  • Development Economics II - Institutions and Development
  • Economics of Global and Regional Integration
  • Economics of Transnational Corporations
  • Finance and Banking in Developing Countries
  • Globalization, Financial Crises and Development
  • International Banking Reform
  • International Business Economics
  • International Development and Conflict
  • International Development Policy
  • International Economics
  • International Financial Management
  • International Financial Markets
  • International Political Economy
  • International Trade Policy
  • Migration Studies
  • Political Economy of Post-Communist Transition in Central and Eastern Europe
  • Regional Political Economy

+ 1  elective for 6 ECTS or two electives for 3 ECTS

Jagiellonian University (Poland)

Language (0 or 7.5 or 12 ECTS)

New languages Polish or Intermediate Polish 
Other languages possible if approved by the programme co-ordinators
Note: if no language taken in year 1, compulsory in year 2

Compulsory Dissertation (30 ECTS)

Includes research/thesis seminar, written thesis and defence

Electives (18 ECTS, 30 ECTS if no language taken)

Note: the lists are provisional and subject to change.

  • Economy of Central Europe: from Transition to EU Membership (5)
  • Introduction to EU Finances (5)
  • Other approved courses
Charles University (Czech Republic)

Language: Czech (0 or 12 ECTS)

Czech (beginners, intermediate, advanced; or other language of the area – Polish, Russian)
Note: If no language taken in year 1, compulsory in year 2. 

Compulsory Dissertation (30 ECTS)

Research/thesis seminar I (15 ECTS)
Research/thesis seminar II (15 ECTS) 

Dissertation Specialisms

  • Banks and Banking
  • Economic Development, Transition and Growth
  • Economic Transformation in Central and Eastern Europe
  • European Economic Policy
  • Financial Crisis and Its Consequences
  • Foreign Investments in Central and Eastern Europe
  • Health Service and the Problems of Ageing
  • Central and East European Countries in International Trade
  • Oil and Gas and Energy Issue
  • Public Finance Advanced

Electives (18 ECTS, 30 if no language taken)

Note: the lists are provisional and may be subject to change.

  • Banking (6 ECTS)
  • Banking and Financial Regulation (6 ECTS)
  • Cohesion Policy of the EU in Central and East European Countries (6 ECTS)
  • Corporate Finance (6 ECTS)
  • Doing Business in Central Europe (6 ECTS)
  • Economy and Politics in the 20th Century Eastern Europe (6 ECTS)
  • Economics of Least Developed Countries (6 ECTS)
  • Economic transformation in East Central and Southeastern Europe (6 ECTS)
  • Economic transformations in the post-Soviet area (6 ECTS)
  • Environmental Economics and Consumer Preferences (6 ECTS)
  • Ethics and Economics (6 ECTS)
  • European Economic Integration (6 ECTS)
  • Financial Markets (6 ECTS)
  • Health Economics (6 ECTS)
  • Health Policy (6 ECTS)
  • IMESS Internship (6 ECTS)
  • International Finance (6 ECTS)
  • International Macroeconomics (6 ECTS)
  • Monetary Economics (6 ECTS)
  • Oil and Gas in the Post-Soviet Area (6 ECTS)
  • Portfolio Analysis and Risk Management (6 ECTS)
  • Strategic Management (6 ECTS)
Tartu University (Estonia)

Language (0 or 12 ECTS)

New languages Estonian or Russian, or Intermediate Estonian or Russian

Other languages possible if approved by the programme coordinators

Note: if no language taken in year 1, compulsory in year 2

Compulsory Dissertation (30 ECTS)

Includes MA seminars, written thesis and defence

Electives (18 ECTS, 30 ECTS if no language taken)

Note: the lists are provisional and subject to change.

All courses 6 ECTS.

  • Baltic Sea Region Economies
  • Russian Economics
  • Innovation Policy
  • Econometrical Analysis
  • Game Theory
  • Evaluation of Economic Policies
  • Mathematical Methods in Economics
  • Data Munging, Visualisation and Communication
  • Decision Making and Choice Behaviour
  • Other approved faculty courses
Higher School of Economics (Saint Petersburg)

Language (0 or 4 ECTS)

New language Russian

Note: if no language taken in year 1, compulsory in year 2

Compulsory Dissertation (30 ECTS)

Includes Masters Dissertation (18+6 ECTS) and Academic Research Seminar (6 ECTS)

Complusory Module (6 ECTS)

Strategic Finance 

Academic Research Practice (12 ECTS) - Internship

Electives (8 ECTS, 12 ECTS if no language taken)

Note: the lists are provisional and subject to change.

  • Vaulation (4 ECTS)
  • Social Projects and Social Entrepreneurship (4 ECTS)
  • Mergers and Acquisitions (4 ECTS)
  • Strategic Cost Management (4 ECTS)
  • Working Capital Management (4 ECTS)
  • Financial Engineering (4 ECTS)
  • International Financial Reporting Standards (4 ECTS)