Master in Applied Global Economics

Graduate Programs (Master)
2 years
Obtained title
Master's Level Degree
About the program
Basic information

The Master in Applied Global Economics program offers the unique educational offer, blending theoretical knowledge and practical professional skills, which constitutes into a toolbox for a modern economist

The goals of the program are achieved by:

  • An Innovative, comprehensive, pluri-perspective and evidence-based approach, making learning a truly unique experience. At Kozminski University, we strongly believe in the power of self-discovery and we emphasize the interaction. We strive to replicate the real-economy set-up in the classroom.
  • An in-depth understanding of modern economics and its geopolitical context. At Kozminski, we provide a truly wide perspective on global economy.
  • An Intensive training in theory and econometrics is build on the faculty’s strength, whereas economic policy is presented by professionals. At Kozminski we value the professional expertise and experience.
  • A wide selection of elective courses. At Kozminski we praise the individual choices: you may focus on the fields of your interest.
  • A modern approach towards quantitative methods. At Kozminski we offer engaging perspective for harmful econometrics.

EDUCATION BY USING GAMES Students have the possibility to use the interactive tools of MobLab, which supports gaining and perfecting business skills, among others, strategic thinking and decision making.

Unique Values
The program's structure

A truly comprehensive program structure built upon a four-pillar complementary and additive architecture, namely: a strong theory refresher and extension; an intensive training in methods and tools of economic analysis; a substantial emphasis on economic policy; and finally, an intensive linguistic training.

Learning Environment

An inspiring, engaging and collaborative learning environment offering possibilities of exchanging ideas and debating with world-class professors and practitioners

Career Perspectives

A quality preparation for a wide range of career opportunities within the field of applied economics. Among others in international business, international organizations/economic development agencies, research/academia, economic counselling.

A word from the leader of the program and the Dean
Prof. Waldemar Karpa

Are you passionate about global markets? Want to embrace the complexity of modern economic life? Curious enough to get the recent insights on geopolitics? Plan to build an educational background marketable in business, international affairs or academia?

Look no further. Kozminski Master in Applied Global Economics is the optimal blend of knowledge and skills that will surely satisfy your curiosity and boost your career. It will be rewarding for you, providing you with both challenge and satisfaction you`ve been looking for.

Jacek Tomkiewicz
Prof. Jacek Tomkiewicz, Ph.D.

The contemporary world economy is characterized by dynamic changes and growing interdependence. The more and more competitive markets will be won by those who understand how the economic processes taking place in different parts of the world influence and interpenetrate each other. Applied Global Economics studies not only allow you to understand how the global economy works, but also provide instruments for analyzing and measuring the impact of economic and political mechanisms on the situation of consumers, enterprises and national economies.

What You Gain From Your Studies?

During your studies you will gain knowledge, skills and social competences among others in:

  • Economics theories
  • Modern tools of economic analysis
  • Methods in policy-making
  • Training in qualitative analysis (statistics/econometrics/big data)
  • Fluency and understanding on the complex language used in global economics


  • You will became a part of an open-minded, internationalized academic community
  • You will get the chance to meet people from all around the world, and create a network that will benefit you for a life time
  • Your degree will be globally recognized thanks to the "Triple Crown" Accreditation
Career Opportunities After Your Studies

After graduating from the Master in Applied Global Economics program in English, you can work in:

Career Path Global Economics


Examples of professions that a graduate of the program will be well prepared for:

  • economist in international organizations (e.g. OEDC, World Bank, IMF)
  • economic counsellor in large companies or organizations with an international focus (e.g.McKinsey, Boston Consulting Group)
  • economist in multinational companies (e.g. Procter and Gamble, Phillip Morris)
  • economic counsellor in sectoral industry federations and associations
  • economist in investment banks
  • economic counsellor in embassies (e.g. chambers of commerce)
  • economic counsellor in public sector (e.g. govermental positions, regional administration)
  • economist/advisor in non-profit sector/NGOs
  • researcher/analyst in data companies (e.g. Reuters, CG Insights, Clarivate)
Program Structure
Course Structure

Theory Refresher and Extension:

  • Advanced Macroeconomics
  • Advanced Microeconomics
  • Epistemology and History of Economic Thought
  • Economics and Geopolitics
  • Trade Theory and Policy
  • Experimental Economics
  • Innovation Economics and Innovation Policy

Training in methods and tools of economic analysis:

  • Economic Modelling
  • Introductory Econometrics
  • Research Methods in Economics

Economic policy analysis:

  • Methods in Policy Evaluation
  • Economics of Competitiveness

Elective Courses

  • Panel Data Econometrics
  • Time Series Analysis
  • Big Data Analysis
  • Simulations and Predictions
  • R Applications
  • Development and Transition Economics
  • Environmental Economics and Policy
  • Regional Economics
  • Labor Economics and Policy
  • Financial Markets
  • Economics of Intellectual Property
  • Economics of New Technologies
  • Economics of Networks
  • International Organizations
  • Project Management
  • Logic, Rhetoric and Art of Argumentation
Class Schedule
  • Full-time programs

Classes take place from Monday to Friday in the morning and in the afternoon.

Program Leader
Prof. Waldemar Karpa

Are you passionate about global markets? Want to embrace the complexity of modern economic life? Curious enough to get the recent insights on geopolitics? Plan to build an educational background marketable in business, international affairs or academia?

Look no further. Kozminski Master in Applied Global Economics is the optimal blend of knowledge and skills that will surely satisfy your curiosity and boost your career. It will be rewarding for you, providing you with both challenge and satisfaction you`ve been looking for.

Admission Requirements

ATTENTION! In accordance with the recommendations of Ministry of Health of Republic of Poland, concerning the prevention of Coronavirus spread, the University is closed until further notice. The employees of Admission Office are available during the office hours (8:30 - 16:30) via e-mail ( or by calling +48 22 519 22 69. In urgent cases there is the possibility to schedule an individual meeting with the employees ON CAMPUS, after scheduling an appointment following this link. Admission for full-time and part-time Master programs at Kozminski University is based on 2 criteria: GPA on your previous studies and results of an online entry test. Maximum score is 100 points - 50 points for the test and 50 for GPA. Candidates who scored at least 60 points from both criteria will be qualified to the program.

Entry Test

The entry test is scheduled for 40 minutes and is meant to check the background of the candidate, analytical and logical thinking skills, as well as, possession of basic knowledge in the field, corresponding to the knowledge a Business-related Bachelor alumni should possess. Test is composed of 25 close-ended questions - 10 quantitative questions, 10 on general knowledge and current world situation and 5 on specialized knowledge in Business.

Required Documents

Application for full time and part time Master's programs at Kozminski University must include:   

  • application form - complete the form online, print and sign
  • original Bachelor/Master degree diploma or notarized copy and transcript of records (translation of the documents into Polish)
  • 1 passport photograph 
  • copy of the national ID or a passport 
  • CV in English
  • proof of payment of the admission fee (non-refundable)
  • certificate confirming proficiency in English
    • FCE, CAE, CPE, BEC, CEIBT issued by the University of Cambridge
    • IELTS  (at least 6.0 points, academic level)
    • TOEFL iBT (at least 87 points)
    • TOEIC (at least 700 points from the test)
    • LCCI (English for Business Level 2, 3, 4)
    • FTBE (Foundation Certificate for Teachers of Business English)
    • TELC (B2 Certificate in English)
    • Pearson certificate at least B2 level

Only candidates who scored at least 95% on the basic level or 80% in the extended level from English language at the Polish "Matura" examination, completed European Baccalaureate, completed International Baccalaureate or completed education instructed in English in one of the EU countries, Great Britain, Ireland, USA, Canada, Australia, New Zealand, can be excluded from submitting an English proficiency certificate.

Step by Step Procedures
Register On-Line

The admission form is available online.  

Transfer from another university  

Make Payment of the admission fee

The admission fee for all Master programs delivered in English is 100 PLN.

Submit Your Application

All of the required documents should be submitted in the Admissions Office (in person or via regular post).

Entry test

Participation in online entry test is required for all candidates. Candidates are enrolled to the test after the application is reviewed and accepted by the Admission Committee.

Admission decision

The decision is issued in few working days after the test is cleared. Candidates who obtained at least 60 points from both admission criteria are qualified for program. 


Signing of the contract

The final step of the admission process is signing the agreement

Additional Support

In case of visa, accommodations and other daily issues please contact our Students Support and Service Center: 

Foreigners who need a visa to study in Poland are additionally required to make payment of tuition for one full year of studies before we can issue documents necessary in the visa application process i.e. invitation to come to Poland and the admission decision.

Admission commission issues a conditional acceptance letter including individual account number to which the payment should be transferred in Polish Złoty (PLN) calculated according to the exchange rates of the National Bank of Poland ( In case the candidate is denied a visa tuition is returned.

Admission fee is non-refundable.

Master in Applied Global Economics - Tuition Fees
I year - tuition per semester II year - tuition per semester
Tuition per semester paid in full (PLN) 11 900 PLN 12 500 PLN
Tuition per semester in 5 installments (PLN) 5 x 2 400 PLN 5 x 2 520 PLN
Tuition per semester paid in full (EUR) 2770 EUR* 2910 EUR*
Tuition per semester in 5 installments (EUR) 2770 EUR* 2910 EUR*
Admission fee: 100 PLN / 24 EUR*

* Exchange rates according to NBP table of 2020-02-03: 1 EUR = 4,301 PLN PRICES IN PLN ARE APPLIED. If you pay in EURO please note that payments in EUR are recalculated into PLN according to the exchange rate of Millennium Bank based on the day of receipt of payment to the Kozminski University bank account. Check current exchange rate.  

Payment of the admission fee should be made to the following bank account:   

Name of the bank: Pekao S.A. II o/Warszawa  Address: Grzybowska 53/57,  Warszawa  Bank account number: 20 1240 1024 1111 0010 1646 0637  SWIFT code: PKOPPLPW  IBAN: PL 

Scholarships and discounts
Benefits of studying at Kozminski University