Tuition fee €4,200 per year

There are 16 tuition waivers available for top-ranked applicants in 2025, including 1 tuition waiver for EU/EEA/Swiss applicants, 15 tuition waivers for other applicants (regardless of citizenship).

More information on tuition fees is available at www.ut.ee/tuition.

NB! Applicants who are not citizens of EU/EEA/Switzerland must pre-pay half of the first semester’s tuition-fee after receiving an admission offer.

Application fee €100 one-time

Application fee is non-refundable.
Further information: www.ut.ee/application-fee

More information

ut.ee/quant 

Overview

The English-taught master’s programme in Quantitative Economics gives students strong preparation in contemporary economic theory and econometric analysis methods, enabling them to analyse and forecast economic processes. The master’s programme is taught by top specialists in their field in an international environment. It is an excellent springboard for doctoral studies in economics or following a career as an analyst in banks, public sector organisations, consulting firms and international companies.

From the academic year 2024/25, students can spend their second year at Ghent University in Belgium and receive two diplomas.

Why study Quantitative Economics?

  • The University of Tartu is ranked in the top 300 universities in the world in business and economics (see Rankings and Surveys).
  • You have an opportunity to receive two diplomas by spending your second study year at Ghent University.
  • Cooperation with the Bank of Estonia and Swedbank provides internship possibilities, an award for the best thesis and job opportunities after graduation.
  • Graduates can follow a career as analysts in banks, public sector organisations, consulting firms and international companies. 80% of our alumni work in Estonia.
  • Study at the University of Tartu Delta Centre, which brings together a vibrant community of students, researchers and innovators in the fields of computer science, business and economics, mathematics and statistics.

Programme structure

Please see the programme structure in our Study Information System

Career opportunities

The objective of the curriculum is to prepare highly qualified analysts for the government agencies, banks, international organisations and consultancy firms, filling top positions that require a detailed understanding and application of economic models and econometric methods.
Graduates are competitive as analysts in public sector, financial sector, multinational companies, consultation firms etc.

Part of the studies is a mandatory internship which helps students make career choices after graduation.

Apply now! Fall semester 2025/26
Application start
2 Jan 2025
Application deadline
15 Mar 2025, 23:59:59
Eastern European Time
Studies commence
1 Sept 2025
Apply now! Fall semester 2025/26
Application start
2 Jan 2025
Application deadline
15 Mar 2025, 23:59:59
Eastern European Time
Studies commence
1 Sept 2025
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