24 monthsProgramme duration
1,500 USDTuition Fee/year
31 Aug, 2026Application Deadline
SepStarting Month
Programme overview
Main Subject
Economics and Econometrics
Degree
MSc
Study Level
Masters
Study Mode
On Campus
Program Description
Master’s Degree in Economics (060404)
The master’s degree program in economics is designed in accordance with the national higher education standards of the Republic of Azerbaijan and aims to provide advanced academic knowledge, analytical skills, and professional competencies in the field of economics. The program prepares graduates for research-oriented, analytical, managerial, pedagogical, and policy-related careers in both public and private sectors at national and international levels.
The program has a duration of two academic years (120 ECTS credits) and offers a broad range of specializations, including but not limited to economic theory, econometrics, economic regulation, macroeconomic policy, economic modeling, labor economics, environmental economics, tourism economics, agrarian economics, valuation, and economic cybernetics.
Program Objectives
The primary objective of the program is to develop highly qualified economists who are capable of:
- Applying advanced theoretical and methodological approaches to economic analysis;
- Conducting independent and collaborative scientific research;
- Analyzing and regulating complex socio-economic processes at micro-, meso-, and macro-levels;
- Designing, implementing, and evaluating economic policies, programs, and development projects;
- Using modern quantitative, econometric, and information technologies in decision-making;
- Teaching economics-related disciplines in higher education institutions.
Learning Outcomes
Upon successful completion of the program, graduates will be able to:
- Demonstrate in-depth knowledge of modern economic theories, methodologies, and research paradigms;
- Analyze national and global economic processes, including issues related to economic growth, stability, sustainability, and innovation;
- Develop and apply economic and mathematical models for forecasting, planning, and policy evaluation;
- Conduct empirical research using reliable data sources and modern analytical tools;
- Prepare scientific publications, research reports, and policy briefs in compliance with academic ethics;
- Communicate effectively in professional, academic, and international environments;
- Make informed, ethical, and responsible decisions in complex and uncertain economic contexts.
Professional Activities and Career Opportunities
Graduates of the program are qualified to work in the following areas:
- Scientific research institutions and think tanks;
- Ministries, governmental agencies, and international organizations;
- Financial institutions, consulting companies, and corporate economic departments;
- Educational institutions as lecturers or academic staff;
- Project management, economic planning, analysis, and strategic development units.
Structure of the Program
The curriculum consists of:
- Core and specialization courses covering advanced economic theory, research methods, regulation mechanisms, valuation, and environmental and social economics;
- Research and innovation modules, focusing on academic writing, data analysis, and applied research skills;
- Scientific research and pedagogical internships, providing practical experience;
- Master’s thesis preparation and defense, demonstrating independent research competence.
Teaching and Assessment Methods
The teaching process employs a combination of lectures, seminars, case studies, interactive learning, independent research, and practical training. Student performance is assessed through examinations, coursework, research projects, presentations, and the final defense of the master’s thesis, in accordance with national assessment regulations.
Final Qualification
Graduates who successfully complete all program requirements and defend their master’s thesis are awarded the master’s degree in economics and receive a state-recognized diploma.
Programme overview
Main Subject
Economics and Econometrics
Degree
MSc
Study Level
Masters
Study Mode
On Campus
Program Description
Master’s Degree in Economics (060404)
The master’s degree program in economics is designed in accordance with the national higher education standards of the Republic of Azerbaijan and aims to provide advanced academic knowledge, analytical skills, and professional competencies in the field of economics. The program prepares graduates for research-oriented, analytical, managerial, pedagogical, and policy-related careers in both public and private sectors at national and international levels.
The program has a duration of two academic years (120 ECTS credits) and offers a broad range of specializations, including but not limited to economic theory, econometrics, economic regulation, macroeconomic policy, economic modeling, labor economics, environmental economics, tourism economics, agrarian economics, valuation, and economic cybernetics.
Program Objectives
The primary objective of the program is to develop highly qualified economists who are capable of:
- Applying advanced theoretical and methodological approaches to economic analysis;
- Conducting independent and collaborative scientific research;
- Analyzing and regulating complex socio-economic processes at micro-, meso-, and macro-levels;
- Designing, implementing, and evaluating economic policies, programs, and development projects;
- Using modern quantitative, econometric, and information technologies in decision-making;
- Teaching economics-related disciplines in higher education institutions.
Learning Outcomes
Upon successful completion of the program, graduates will be able to:
- Demonstrate in-depth knowledge of modern economic theories, methodologies, and research paradigms;
- Analyze national and global economic processes, including issues related to economic growth, stability, sustainability, and innovation;
- Develop and apply economic and mathematical models for forecasting, planning, and policy evaluation;
- Conduct empirical research using reliable data sources and modern analytical tools;
- Prepare scientific publications, research reports, and policy briefs in compliance with academic ethics;
- Communicate effectively in professional, academic, and international environments;
- Make informed, ethical, and responsible decisions in complex and uncertain economic contexts.
Professional Activities and Career Opportunities
Graduates of the program are qualified to work in the following areas:
- Scientific research institutions and think tanks;
- Ministries, governmental agencies, and international organizations;
- Financial institutions, consulting companies, and corporate economic departments;
- Educational institutions as lecturers or academic staff;
- Project management, economic planning, analysis, and strategic development units.
Structure of the Program
The curriculum consists of:
- Core and specialization courses covering advanced economic theory, research methods, regulation mechanisms, valuation, and environmental and social economics;
- Research and innovation modules, focusing on academic writing, data analysis, and applied research skills;
- Scientific research and pedagogical internships, providing practical experience;
- Master’s thesis preparation and defense, demonstrating independent research competence.
Teaching and Assessment Methods
The teaching process employs a combination of lectures, seminars, case studies, interactive learning, independent research, and practical training. Student performance is assessed through examinations, coursework, research projects, presentations, and the final defense of the master’s thesis, in accordance with national assessment regulations.
Final Qualification
Graduates who successfully complete all program requirements and defend their master’s thesis are awarded the master’s degree in economics and receive a state-recognized diploma.
Admission Requirements
NSU is a leading higher education institution that offers modern knowledge, international-level education, and development opportunities for students. The admission process is organized in accordance with the legislation of the Republic of Azerbaijan and is open to both local and international students.
General Admission Requirements
- Educational Qualifications:
- Undergraduate Programs: Applicants must hold a high school diploma.
- Graduate Programs: A relevant bachelor’s degree is required.
- Doctoral Programs: A master’s degree is required for admission.
- Language Proficiency:
- If the program is taught in Azerbaijani, applicants must demonstrate proficiency in the language.
- For international students, preparatory language courses are available.
- Applicants must present an IELTS score of at least 5.5 or a TOEFL score of at least 65. If these certificates are not available, the university conducts an internal language proficiency test.
Required Documents
Applicants are required to submit the following documents:
- Completed application form.
- Academic transcripts and diplomas (notarized copies).
- A valid passport or ID card (notarized copy).
- Health certificate.
- Six (6) passport-sized photos (3x4 cm).
Admission Process
- Submission of Documents: Applicants must submit all required documents within the specified timeframe.
- Language or Academic Assessment: The university’s specialists evaluate language proficiency, and in some cases, applicants may need to pass an interview or an entrance exam.
- Results Announcement: Admission results are officially announced on the university's website.
Tuition Fees
Tuition fees vary depending on the program level and field of study. Specific tuition fee structures for international students are available on the university’s official website.
Accommodation and Scholarships
- Accommodation: Dormitory facilities are provided for international students.
- Scholarship Opportunities: Students with outstanding academic achievements can apply for various scholarship programs.
Additional Information
- NSU is internationally recognized and collaborates with universities and institutions worldwide.
- Students are offered numerous opportunities for academic, scientific, and social development.
Why Choose Nakhchivan State University?
- High-Quality Education: NSU offers a modern curriculum taught by experienced faculty.
- Global Recognition: Degrees awarded by NSU are recognized internationally.
- State-of-the-Art Facilities: Students have access to modern labs, libraries, and research centers.
- International Opportunities: Exchange programs and partnerships with global institutions enhance the learning experience.
For more details, visit the official website of Nakhchivan State University: https://ndu.edu.az/secimtelebe
- Candidates are required to submit references or letter(s) of recommendation for acceptance
Tuition fees
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