Master in Economics of Business and Strategy
Porto, Portugal
DURATION
4 Semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
14 Feb 2025
EARLIEST START DATE
Jan 2025
TUITION FEES
Request tuition fees
STUDY FORMAT
On-Campus
Introduction
In a fast-paced, highly dynamic and competitive environment, it is crucial to be one step ahead of everyone else. Being able to anticipate the consequences of the choices faced by a company is key to building a sustainable competitive advantage.
The Master in the Economics of Business and Strategy was designed to enable students to successfully grasp and tackle this dynamic environment as managers or researchers.
Students are provided foundations in economic theory and a powerful set of cutting-edge analytical tools, allowing them to solve real business situations effectively.
A strong emphasis is given to entrepreneurship, innovation, internationalization, and incentive design as essential tools for analyzing new market dynamics and corporate performance. Students must understand the current world economy and predict the economic trends that may prevail.
The program draws on the University of Porto faculty's expertise and on the unique perspectives of experts and successful managers. It also builds on the synergies of FEP’s strong relationships with corporations to give students a full perspective on how strategic thinking is a fundamental tool to thrive in the current business environment.
Attending this Master's is also an opportunity to live in and enjoy Porto, a city recognized for its history, culture, architecture, and food. It is also identified as one of Europe's most vibrant economic centres.
We invite you to take full advantage of the opportunity to be at the forefront of strategic thinking.
Why Study at FEP
- FEP received the AACSB international accreditation, one of the most important international certifications in business education. FEP is part of the distinguished group of about 6% of schools in this field that, all over the world, have this accreditation
- U.Porto is a worldwide highly-ranked university
- Top students
- Teaching quality and research-oriented faculty
- FEP belongs to the QTEM Master Network, which gathers outstanding students from 23 top economics schools worldwide
- Double degrees (in the Master in Management with FEA-USP (agreement in renegotiation), Kedge Business School and Warsaw School of Economics and in the Master in Finance with Kozminski University and Prague University of Economics and Business)
- Knowledge and professional skills
- Extracurricular activities
- Academic and professional integration support services
- Access to numerous internships and recruitment opportunities
- The notorious and vast alumni network
- Vibrant student life at the University of Porto: sports, culture, leisure
Admissions
Curriculum
The Master consists of core courses, electives, projects, seminars, and a master's thesis or internship distributed over four semesters. The rigorous theoretical foundations essential to understanding and correctly predicting the consequences of strategic decisions in firms are provided by covering the fundamental theories in the economics of strategy, organizations, entrepreneurship, and innovation. A whole range of analytical tools to gather and efficiently analyze business data are covered in econometrics, business analytics, and decision support systems. The combination of both theory and methods is ensured through courses such as business intelligence, business valuation, and strategy implementation.
The Master also provides a practical component. Each semester, students will attend a Project course where they undertake challenges submitted by real clients, from start-ups to established companies, with a strong focus on entrepreneurship, innovation, and internationalization. This is an opportunity to apply the learned theoretical approach to analyzing corporations and their strategies for dominating real-life problems.
Weekly seminars allow students to interact with entrepreneurs, investors, and policymakers, learning from their unique experiences and views on strategic thinking.
After graduating, students should be able to characterize a strategic challenge faced by companies, identify the alternative strategic solutions and their consequences and design a comprehensive implementation plan.
The Master is part of the QTEM - Quantitative Techniques for Economics and Management network, which means that the Master in the Economics of Business and Strategy, firstly, facilitates access by the best students to study and work abroad within the QTEM network that gathers prestigious academic and corporate partners and, secondly, is a student-friendly option for exchange students from participating foreign partner academic institutions.
Program Outcome
The MSc in the Economics of Business and Strategy combines different theoretical perspectives (such as the theory of the firm, incentives theory, behavioral theory) with valuable analytical tools, preparing students to be able to clearly characterize an industry and its evolution and to strategically rethink and lead an organization in this challenging and always changing environment.
Ideal Students
The Masters is a full-time program taught in English. It targets recently graduated students with bachelor’s degrees in management, economics, industrial engineering or a similar subject. Students should have an interest in learning the competencies to think strategically about an organization and the industry it belongs to. The program is also suited for those interested in obtaining the scientific foundations to pursue graduate studies in business, economics or related fields.
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Accreditations
Program Admission Requirements
Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam – the most widely used exam for admissions that measures your critical thinking and reasoning skills.
Download the GMAT mini quiz to get a flavour of the questions you’ll find in the exam.