Master in Applied Global Economics 2-year program


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.

Waldemar Karpa, Ph.D.
Leader of the Master in Applied Global Economics Program



Information regarding the organization of studies in the fall semester 2020/2021.

Feel invited to join the newly formed Facebook group for candidates of the program.


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.

A word from the Dean

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.


Prof. Jacek Tomkiewicz, Ph.D.
Dean of the College of Finance and Economics


  • A quality preparation for a wide range of career opportunities within the field of applied economics
  • 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
  • An inspiring, engaging and collaborative learning environment offering possibilities of exchanging ideas and debating with world-class professors and practitioners
  • A possibility of developing specific interests in the field areas, with an extended range of elective courses
  • A dynamic and unique location in the economic and cultural heart of Central Europe
  • A cost-of-living advantage
  • Students are encouraged to take advantage of a six-month stay in one of the 200 renowned universities from around the world as part of an international exchange program. Additionally, the students have the opportunity to go for a paid internship abroad.
  • Graduates receive a Master in Economics diploma. Additionally they get a diploma's supplement stating that the graduate has finished a major in Applied Global Economics.
  • Studies are conducted in a full-time mode.


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


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

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
  • economistin 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)


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


  • Full-time programs

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

Admission requirements 


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.


Candidates for full-time program, who have achieved at least 80% of the points from the entry test will have the possibility to apply for the "Scholarship for the Best Candidates".
The awarded candidates are chosen based on a ranking system.
Only application submitted until August 20th will be considered for the scholarship. The candidates, who were granted a scholarship will be informed about it at the latest on August 31st.

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
  • 1 signed 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 - e.g. FCE, CAE, CPE, BEC, CEIBT issued by the University of Cambridge; IELTS (>=6.0 points); TOEFL IBT (>=87 points); TOEIC (at least 700 points from the test); LCCI (English for Business level 2, 3, 4); London Test of English certificates (PEARSON) - level 3, 4, 5 (certificates Edexcel). Only candidates who completed education instructed in English in one of the EU countries, Great Britain, Ireland, USA, Canada, Australia, New Zealand, completed European Baccalaureate or scored at least 95% on the basic level or 80% in the extended level from English language at the Polish "Matura" examination, can be excluded from submitting an English proficiency certificate.
    List of documents confirming the knowledge of English language (pdf)

All documents issued in foreign languages should be translated into Polish or English by a sworn translator. We process applications from 4th of February until August (applications from non EU-citizens) and from 4th of February until the end of September (applications from EU-citizens). Applications received afterwards will be kept on file and processed within the next application period.

ATTENTION! In accordance with the recommendations of Ministry of Health of Republic of Poland, concerning the prevention of Coronavirus spread, the Admission Office will work in online mode from 16.03.2020 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 case of emergencies there is the possibility to schedule an individual meeting with the employees.

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

Candidates from foreign countries 

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

Step-by-step admission procedures 


Register on-line

The admission form is available online or at the Admissions Office. 

Admission online 

Transfer from another university 



Make payment of the admission fee

The admission fee should be transferred to the Kozminski University bank account or made through the system available after completing the online application form.


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.




First year students of the programs conducted in English will be able to obtain a scholarship for one year of 7 500 PLN. The scholarship is provided monthly, as 10 deductions of 750 PLN from the tuition fee amount. More information on how to obtain the scholarship you can find by clicking the above banner.

Polish National Agency for Academic Exchange announced second edition of Scholarship Programme addressed to foreign Master programs applicants. More information and contact details here.

Applied Global Economics (full-time) 

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*)
5 x 560 EUR* 5 x 590 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.