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🇩🇪 Munich · 2 years · Public

Masters in Economics at LMU Munich

A master's in Economics covers micro and macro theory, econometrics and applied fields such as development, finance and policy. Here is what studying it at Ludwig Maximilian University (LMU) (Munich) costs, who is eligible and what you can do after.

  • Total ≈ ₹35 lakh – ₹36 lakh
  • Tuition €700 – €800 a year
  • Intakes: Winter semester (Oct)
  • Loan & visa support

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Quick answer

How much does the Masters in Economics at LMU Munich cost?

The Masters in Economics at Ludwig Maximilian University (LMU) costs an Indian student about ₹35 lakh – ₹36 lakh in total: tuition of €700 – €800 a year, living costs of about €14,400 a year and one-time costs. Of 10 universities on our Germany list offering Economics, it ranks 9 from cheapest. After the degree: up to 18 months to find a job related to your degree.

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Official sources: Ludwig Maximilian University (LMU) — official website

Masters in Economics at LMU Munich at a glance

Program
Masters in Economics at Ludwig Maximilian University (LMU)
Typical length
2 years
Tuition (international)
€700 – €800 a year
Total cost
₹35 lakh – ₹36 lakh
Usual backgrounds
BA/B.Sc in Economics and B.Sc in Maths or Statistics
English tests
IELTS or TOEFL for English-taught programs; German (TestDaF/DSH) for German-taught
GRE / GMAT
GRE is requested by some top technical universities (for example TUM for certain programs)
After graduation
Up to 18 months to find a job related to your degree
Intakes
Winter semester (Oct), Summer semester (Apr)

Cost

Masters in Economics at LMU Munich: cost in rupees

University-wide tuition range for international graduate students; your program's exact fee is on the offer letter.

Masters in Economics at LMU Munich: cost in rupees
CostPer yearTotal (2 years)
Tuition€700 – €800 a year₹1.5 lakh – ₹1.7 lakh
Living costs€14,400 a year₹31 lakh
One-time costs (visa, flights, deposits)—₹1.8 lakh – ₹3 lakh
Total—₹35 lakh – ₹36 lakh

Specialisations

Economics specialisations to look for

Economics master's programs usually let you specialise in econometrics, development Economics, financial Economics, public Policy and behavioural Economics. Tracks, elective sets and thesis areas differ by university, so confirm on LMU Munich's program page which of these Ludwig Maximilian University (LMU) offers before you apply.

Eligibility

Entry requirements for Economics at LMU Munich

Usual expectations — the program page has the exact minimums.

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  • Bachelor's: BA/B.Sc in Economics
  • Bachelor's: B.Sc in Maths or Statistics
  • Bachelor's: B.Tech/B.Com with strong maths
  • Prerequisite: Calculus
  • Prerequisite: Statistics
  • Prerequisite: Intermediate micro and macro economics
  • English: IELTS or TOEFL for English-taught programs; German (TestDaF/DSH) for German-taught
  • GRE/GMAT: GRE is requested by some top technical universities (for example TUM for certain programs)

Careers

Careers after Economics — Munich

Germany's most expensive city and a hub for automotive and tech employers

Careers after Economics — Munich
Common rolesSkills employers look for
Economic AnalystEconometrics
Data / Research AnalystStata / R / Python
Policy AnalystPolicy analysis
ConsultantResearch writing
Quantitative ResearcherEconometrics

Compare

Economics at similar universities in Germany

Universities on our list offering Economics, closest in total cost.

Economics at similar universities in Germany
UniversityCityTotal in ₹
FU BerlinBerlin₹29 lakh – ₹31 lakh
Goethe UniversityFrankfurt₹29 lakh – ₹31 lakh
BonnBonn₹29 lakh – ₹31 lakh
HU BerlinBerlin₹29 lakh – ₹31 lakh
HamburgHamburg₹32 lakh – ₹34 lakh
MannheimMannheim₹34 lakh – ₹37 lakh

Loan

EMI on a ₹28 lakh loan

About 80% of the mid-point cost; EMIs start after the course and moratorium.

EMI on a ₹28 lakh loan
Rate7 years10 years15 years
9%₹45,049₹35,469₹28,399
10.5%₹47,210₹37,782₹30,951
12%₹49,428₹40,172₹33,605

FAQs

Frequently asked questions

Still have a question?

Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).

Tuition is €700 – €800 a year; the total with living and one-time costs is about ₹35 lakh – ₹36 lakh over 2 years.

Usually if you have BA/B.Sc in Economics and b.Sc in Maths or Statistics, with calculus and statistics. A 4-year degree is usually needed to meet the 300 ECTS benchmark for 2-year master's programs; universities check that your subjects match the program.

Graduates move into roles such as Economic Analyst, Data / Research Analyst, Policy Analyst and Consultant. Employers look for econometrics, stata / R / Python and policy analysis.

Up to 18 months to find a job related to your degree.

Most families combine savings with an education loan of about ₹28 lakh; the EMI at 10.5% over 10 years is about ₹37,782 a month.

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