Volkswirtschaftliche Fakultät

Institut für Volkswirtschaftslehre - Department of Economics, Center for Economic Studies (CES)

LMU München

Schackstraße 4
80539 München
Phone: +49 89 2180-2327

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General remarks

This department is also featured in the U-Multirank world university rankings.

Basic information

Total number of students	1,600
Number of master degree students	224
Percentage of teaching by practitioners	< 1

Support during the study entry phase

Score for offers before studies - Score	4/8 points
Score for offers at start of studies	6/14 points
Score for offers in the first year of studies	0/11 points
Total score for support in the study entry phase

Results of study

Graduations in appropriate time, undergraduate degrees	98.5 %
Graduations in appropriate time, master's	77.2 %

International orientation

International orientation, bachelor's	4/11 points
International orientation, master's	6/11 points

Job market- and career-orientation

Contact with work environment, bachelor's
Contact with work environment, master's
Bachelor theses in cooperation with work environment
Master theses in cooperation with work environment
Share of professors with work experience

Research

Publications per year	8.0
Third party funds per academic	17.2 T€
Doctorates per professor	0.8
Research reputation	75.9 %

Students' assessments on undergraduate, presence-learning-courses

Teacher support	2.3
Support in studies	2.1
Courses offered	2.3
Study organisation	1.8 *
Exams	2.5
Research orientation	2.1
Job market preparation	2.5
Support for stays abroad	2.0
Rooms	2.0
Library	1.7 *
IT-infrastructure	2.1
Overall study situation	2.0

Students' assessments on consecutive master's degree courses

Teacher support	2.1
Support in studies	2.6
Courses offered	2.3
Study organisation	1.8
Exams	2.5
Transition to Master's studies	1.7
Research orientation	2.0
Job market preparation	2.6
Support for stays abroad	2.2
Rooms	2.1
Library	2.0
IT-infrastructure	2.2
Overall study situation	2.0

Degree courses with details

Degree courses without details

Further degree courses of the department

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About studying Economics in Germany

About the subject

Further information provided by the department

Special features regarding teaching
After a sound basic education, students are very quickly capable of working with a strong academic approach; Emphasis is placed on independent work and on presenting results (attendance at two seminars, results of Bachelor's thesis are presented in an oral examination at the end of the course). The Faculty believes the supervision of students is just as important as the quality of teaching. Our lecturers have been repeatedly recognised for their excellent teaching.
Special features regarding the international orientation
Thanks to our Faculty’s international partnerships, students can spend a semester/year abroad at one of the excellent partner universities in Europe or the USA. Our English-taught Master’s programme, in which international students make up around a quarter of the student body, and the internationally oriented doctoral programme of the Munich Graduate School of Economics are integral parts of the Faculty’s international focus.
Common partner universities for exchange
University of California in Berkeley, USA; University of Wisconsin in Madison, USA; University of Washington in Seattle, USA; University of Notre Dame, USA; University of Warwick, UK; University of Copenhagen, Denmark; University of Oslo, Norway; Universitat Pompeu Fabra in Barcelona, Spain; Universita di Bologna, Italy; Stockholm University, Sweden
Special features regarding the equipment
The technical facilities are very good. Each student has the opportunity to take advantage of the varied courses. For the advanced courses, training in empirical work generally takes place on a computer. Students have access to the Economics & Business Data Centre (EBDC) (joint platform for databases at economics faculties at the LMU and ifo Institute), to the DICE database (Database for Institutional Comparisons in Europe) at the ifo Institute as well as the Faculty’s database “Datastream – Macroeconomic Analysis”.
Special features regarding research activities
The Economics Faculty at LMU has developed a profile that is characterised by methodically excellent research with a strong basis in theory, a clear relation to practice and an emphasis on empirical analysis in the form of experimental and econometric research. In recent years, it has been very successful with its aim of conducting top research that is related to practice.
Website with further information on research activities
www.econ.uni-muenchen.de/forschung/index.html
Support for founders
The links between the Faculty and the LMU Entrepreneurship Centre enable students to develop start-up ideas and obtain advice about the implementation.
Characteristics of assistance to differently abled persons
Video recordings are available for various lectures, which also helps students with chronic health issues. If so requested, a tutor can be funded and assigned to students with chronic health issues. The tutor would assist, for example, by taking notes and provide similar assistance.
Characteristics of diversity advancement
At each certificate awarding ceremony, the two best female students of the year are awarded the “Anita Augspurg Prize”. Very good female students are specifically targeted and encouraged to apply for the Honours Programme in Economics. There is support for students with children (video recordings of lectures; if so requested, a tutor can be funded and assigned to students, the tutor would assist, for example, by taking notes and provide similar assistance). There is support for the organisation of stays abroad for students with children.