Study Master of Economics in Turkey
Given that economics is an increasingly globalized field of study, pursuing a master in economics abroad can be one of the most rewarding experiences on a personal, academic, and professional level. It also offers plenty of career opportunities to those who do. In this article, we provide you with everything you need to know to study Master of Economics in Türkiye.
Studying a masters degree abroad offers valuable insights into economic specializations. In today's rapidly evolving global economy, every country and culture faces its unique intricacies and challenges. As the world continuously integrates – with widespread free trade practices and the globalization phenomenon – studying a master's in economics abroad allows students to witness the impact of public policies in other countries on economic performance and individual outcomes. Analyzing economic systems outside of their home country can deepen students' understanding of their own financial systems, their economic effects, and ultimately enhance their thought processes.
Master's in Economics Fields
There are various degrees you can pursue related to economics, either by focusing on a particular field or as a related subject. Some of the prominent fields to study economics include:
- Finance and Economics
- Applied Economics
- Business Economics
- Social Economic Policy
- International Economics or International Trade
- Environmental Economics
- Agricultural Economics
Given that economics significantly intersects with many fields of the social sciences, studying a master's in economics as a joint degree, for example, alongside politics, history, or psychology, is a good way to focus your degree on the field that interests you the most.
Master's in Economics Curriculum
Master's in Economics programs vary based on location, program type, and the level of study you choose. For instance, if you are studying economics abroad in a developing nation, many economic programs and courses might be geared towards development studies. However, in industrialized countries, you might encounter different approaches to understanding partial and general economic systems.
Study Master of Economics in Türkiye
Turkey stands as the 19th largest economy globally, with a GDP of around 906 billion dollars. It is a member of the Organization for Economic Co-operation and Development (OECD) and the G20. Significant economic reforms in Turkey from 2006 to 2017 contributed to high growth rates, ranking it among the countries with high per capita income, and decreasing poverty rates.
Duration of a Master's in Economics in Turkey
The usual duration for a master's in economics in Turkey (with a thesis) is two academic years, while a master's in economics in Turkey (without a thesis) or a doctoral program range from one year to a year and a half.
Studying a Master's in Economics in Turkey Requirements
Studying Master of Economics in Türkiye requirements vary from one university to another. They typically include:
- A high school diploma
- A bachelor's degree in economics or a related field
- A GPA above 55% or 60% for studying at a private Turkish university
Turkish universities offer Master's in Economics programs in various economic branches. They provide options to study the Master's in Economics program in English or Turkish, offering a preparatory year for language study for students not proficient in the language.
Cost of Studying a Master's in Economics in Turkey
The cost of studying for a master's in economics in Turkey varies from one university to another. Tuition fees for a master's in economics in Turkey's private universities range from $12,600 to $2,300.
Private Universities for Studying a Master of Economics in Türkiye
- Bilkent University
Offers a master's in economics (with a thesis) with tuition fees of $3,050, and (without a thesis) with tuition fees of $2,546.
- Istanbul Bilgi University
Provides a master's in economics and finance (with a thesis) in English for $5,000, in Turkish for $4,000, and a master's in economics and finance (without a thesis) in English for $4,000, and in Turkish for $3,500.
- Yeni Yüzyıl University
Offers a master's in economics and finance (without a thesis) in Turkish with tuition fees of $4,000.
- Istanbul Okan University
Provides a Master's in Economic Law in Turkish (with a thesis) and (without a thesis) with tuition fees of $5,400.
Isolated economies are no longer in a state of self-sufficiency in today's interconnected and interacting global market. Regardless of the degree to which each country's economic activities affect the larger system, some economies undoubtedly have more influence than others. Each economy individually can impact the global economy. By traveling the world and successfully completing an economics degree, you will start to understand how various social, cultural, and strategic factors affect the economic perspective of different countries and, consequently, enhance your understanding of the complex state represented by the modern economy.
If you've decided to pursue a master's in economics abroad, studying a Master of Economics in Türkiye can be an ideal opportunity to receive high-quality education at a reasonable cost in a country that ranks among the top economies in recent years.
Contact Turkey Campus team if you have any inquiries or questions and discover the additional services we can provide, including tuition fee discounts when applying through us!