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The bachelor program in economics

Studying at the University of Mannheim

The Bachelor programme in Economics begins each fall semester. Unlike most Universities in Germany, in Mannheim the fall term starts at the beginning of September and ends in January (exams are usually written before Christmas), whereas the spring term starts at the beginning of February and ends in June (exams are usually completed by the end of June).

Corresponding to international standards, this schedule considerably facilitates the integration of a study abroad period in either semester and it allows to complete the programme in due time to be able to continue with a Master’s programme abroad.

For further information regarding the application procedure and the closing dates for applications, please contact the Admissions Office.

Mailing addresses and telephone numbers of all relevant University institutions may be obtained from the section 'Student Counselling and Information'.

  

Introductory phase

The introductory phase comprises the following courses:

  • Principles of Economics
  • Economic History
  • Analysis and Linear Algebra A
  • Financial Mathematics
  • Civil and Commercial Law
  • Microeconomics A
  • Macroeconomics A
  • Statistics I 
  • Macroeconomics B
  • Microeconomics B
  • Statistics II 
  • Economic Policy
  • Public Finance
  • Basics of Econometrics
  • Academic Writing Skills


The courses are scheduled as follows:

Semester
Introductory phase 1. (Fall) Principles of Economics Law Economic History Analysis and Linear Algebra A + Financial Mathematics
2. (Spring) Macroeconomics A Microeconomics A Statistics I Elective
3. (Fall) Macroeconomics B Microeconomics B Statistics II Elective
4. (Spring) Economic Policy Public Finance Econometrics Elective
Advanced phase 5. (Fall) Seminar Elective Elective Elective
6. (Spring) Bachelor thesis Elective Elective Elective

  

Specific information regarding the current topics of each course may be found in the Module catalogue (autumn and spring term).

With the completion of the introductory phase, students have obtained the necessary methodical skills and insights into the subject to be able to successfully continue with the advanced courses.

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Advanced phase

The second phase of the programme consists of advanced courses in Economics and optional interdisciplinary elective courses as well as the Bachelor thesis. During their third year, students may arrange their course of study according to individual interests and professional aims. 

In addition to the Bachelor thesis (12 ECTS credits), students have to acquire between 65 and 73 credit points of which a maximum of 48 credits may be earned from interdisciplinary electives. Students who do not minor in Mathematics have to choose at least one of the following course options: (1) International Economics or (2) Business Administration Courses amounting to at least 6 ECTS. Students are required to enrol in at least one seminar and may choose up to three seminars. Students must discuss their considered choice of courses with a junior, associate or senior professor or a lecturer/reader. This also provides an opportunity to reflect individual goals supported by professional consultation.

 

Field courses in Economics

Compared to similar programmes in Germany, the department of Economics in Mannheim offers a remarkable selection of advanced courses for Bachelor students. In past semesters, there have been lectures and seminars on the following topics: labour economics, auctions and markets, economics of education, the economic history of Germany from the 18th century to the present, economics of housing, environmental economics, European economic and financial integration, financial institutions and imperfect information, health economics, game theory, industrial organisation, information economics, public welfare, regional economics, financial econometrics, and strategic action in business and government, just to mention a few. Please find an overview of all current courses in the module catalogue.

Due to a special cooperation, students may also enrol in third year advanced courses from the Bachelor programme in Economics ("Politische Ökonomik") at the University of Heidelberg.  

 

 

Interdisciplinary electives

During their third year, students may enrol exclusively in advanced courses in economics (including economic history and economic geography, statistics and econometrics). But they also have the opportunity to choose courses from the following fields: Mathematics, Law, Business Administration, Business Informatics, Philosophy, Political Science and Sociology. And it is also possible to attend courses focusing on social skills. Some of these options may even be selected in combination. Please visit this website for further information.

Business Administration (as interdisciplinary elective)

Economics students may attend the following Business Administration courses: Corporate Finance, Marketing, Managerial Accounting, Financial Reporting, Production, and Management. For each of these courses students receive 6 ECTS credits. Since 2015 a selection of additional elective courses is also available to economics students. Further information is available here.

Law (as interdisciplinary elective)

Economics students may choose from a large number of elective courses offered by the Department of Law. Students may freely choose from one single course up to a maximum of 31 credit points. Further information is available here.

Business Informatics (as interdisciplinary elective)

Economics students may enrol in foundation courses and elective courses offered by the Department of Business Informatics. Within this option, at least two foundation courses have to be selected, and up to three elective courses and even the bachelor thesis in the field of Business Informatics may be added. Please visit this website for further information.

Philosophy (as interdisciplinary elective)

Students may choose from courses offered by the Department of Philosophy. Students can choose from three different options to study the elective "Philosophy". They may even write their bachelor thesis in the field of Philosophy. For further information visit this website.

Psychology (as interdisciplinary elective)

Economics students may enrol in the interdisciplinary elective "Psychology" which amounts to 24 to 32 ECTS-credits in total. For further information regarding the specific course outline, please visit this website.

Mathematics, Political Science and Sociology (as interdisciplinary electives)

Economics students may choose from courses offered by the departments of Mathematics, Political Science and Sociology. Since these courses are held during the first four or five semesters, students have to decide for one of these options within their first weeks of study (the courses may be attended on a trial basis during this period).

Mathematics comprises six or more courses, which partly replace and upgrade regular courses of the economics programme: Analysis I, Analysis II, Linear Algebra I, Linear Algebra II/A, Introduction to Statistics, Introduction to Probability Calculus, plus optionally Numerics and/or one or more mathematical elective(s).

The minor in Political Science comprises between 6 and 33 ECTS credits. Students can specialise in “Political Sociology”, “Comparative Government Studies”, “Contemporary History”, and “International Relations”.

The minor in Sociology comprises 35 ECTS credits. Following the foundation courses, students can choose from “General and Specific Sociology” and “European Societies in Comparison”.

 

Social skills (as interdisciplinary electives)

In addition to a shorter time frame for finishing the Bachelor degree and increasing student mobility, another important concern of the Bologna-Process is to ensure the employability of graduates. Primarily, this refers to the professional education which leads to relevant professional competencies.  

In addition to these professional skills, the so-called social skills play an important role. They can be roughly divided into three areas: Methodological skills enable students to recognise, define and solve problems in a practical manner, interpersonal skills refer particularly to the necessity to work in a team orientated economy, and personal skills comprise the ability to work on one’s own responsibly, independently, as well as goal-orientated.

Many of these social skills are acquired following the regular structure of the Bachelor programme. In addition, students may choose (starting in their second semester) from courses which are especially designed to impart specific social skills.

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Bachelor thesis

The Bachelor thesis is usually written during the last three months of the programme. Students apply scientific methods and work independently on a topic chosen from the following subject fields:

  • Economics
  • Statistics
  • Econometrics
  • Economic History

After the completion of the respective minor, there is the possibility to write the Bachelor thesis in the fields of Mathematics, Business Informatics or Philosophy (see above).

There is a time frame of 8 weeks to submit the thesis and it is rewarded with 12 ECTS credits.  

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