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Economics, Department

Volkswirtschaftliche Fakultät at the LMU München

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

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

Basic information

Total number of students 1,270 *
Number of master degree students 250
Percentage of teaching by practitioners 0.0 %
Percentage of teaching by practitioners, master's 0.0 %

Support during the study entry phase

Total score for support in the study entry phase 8/14 points

Results of study

Graduations in appropriate time, undergraduate degrees 96.0 % *
Graduations in appropriate time, master's 78.1 % *

International orientation

Outgoing students 3.0 %

Job market- and career-orientation

Bachelor theses in cooperation with work environment 0.0 %
Master theses in cooperation with work environment 0.0 %
Share of professors with work experience 0.0 %


Publications per professor Points per professor within the range 1,1 to 1,7
Third party funds per academic 24.4 T€
Doctorates per professor 0.8
Research reputation 81.7 %

Students' assessments on undergraduate, presence-learning-courses

Teacher support 2.1
Support in studies 2.0
Courses offered 1.9
Study organisation 1.7
Exams 2.3
Research orientation 1.9
Job market preparation 2.3
Support for stays abroad 1.9
Rooms 2.2
Library 1.5
IT-infrastructure 1.9
Overall study situation 1.8

Students' assessments on consecutive master's degree courses

Teacher support 2.0
Support in studies 2.4
Courses offered 2.2
Study organisation 1.6
Transition to Master's studies 1.7
Research orientation 1.7
Support for stays abroad 2.0
Overall study situation 2.0

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
    The entire spectrum of the subject is covered in teaching in both the Bachelor's and Master's courses. After a solid basic education, the students are very quickly able to work scientifically; one specialisation is on independent work and on presenting results (attendance of two seminars, results of the Bachelor thesis are presented in a colloquium at the end of the course). The care of the students is just as important as the quality of teaching, which is demonstrated by various prizes for good 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-language Master's programmes with around a quarter of foreign students and the internationally oriented doctoral programme of the Munich Graduate School of Economics are also an integral part of the faculty's international orientation. All teachers have international experience and contacts; this enables them to make it easier for students to go abroad.
  • Exchange universities for stay abroads
    University of California, Berkeley, USA; University of Wisconsin, Madison, USA; Higher School of Economics, Moskau/St. Petersburg, Russland; Peking University, Peking, China; University of Warwick, Warwick, UK; University of Copenhagen, Kopenhagen, Dänemark; University of Oslo, Oslo, Norwegen; Universitat Pompeu Fabra, Barcelona, Spanien; Universita di Bologna, Bologna, Italien; Stockholm University, Stockholm, Schweden.
  • 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 of the LMU Munich is a worldwide recognised teaching and research unit. Its profile is characterised by a strong theoretical foundation, a clear application focus and the emphasis on empirical analysis in the form of experimental and econometric research. The entire spectrum of the subject is covered in teaching in both the Bachelor's and Master's courses. The faculty is among the very best in Germany and Europe. It is the voice for one of the few collaborative research areas in Economics.
  • 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.
  • Other special features
    The faculty does not only score top positions in various research rankings. The high level of training that is achieved can be seen in the latest ranking of the Wirtschaftswoche. Around 650 HR managers from a range of large (companies and corporations with over 1,000 employees) and small companies (10 or more employees) have chosen the Economics degree at LMU to be the TOP Trainer: Human resource managers prefer to hire our graduates.
  • Further information on research activities
  • Information on access restrictions
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(S)-Students' judgements  (F)-Facts  (P)-Professors' judgements
Last update 2020: Data collected by the CHE Center for Higher Education.
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