MS Quantitative Methods for Economic Decision Making

This program is at the level of Bac+6, and is intended for candidates who already have a Bac+5 (more information on admission).

By choosing to specialize in applied macroeconomics, students can train in the analysis and forecasting of economic conditions, and in the evaluation of economic policies (monetary, fiscal, employment, environmental, redistribution, development, etc.).

Students who prefer to specialize in microeconomics will put their market expertise to work for businesses and regulators. In their professional lives, these graduates will combine the most recent methods of data science with their knowledge of industrial economics and corporate finance to evaluate and optimize the strategies of companies in the markets.

Two orientations, a range of opportunities 

Students who specialize in applied macroeconomics will find a variety of career opportunities in the economic administration (General Treasury Department, ministerial statistical services, INSEE, Banque de France), business cycle institutes (OFCE, Rexecode), economic and financial research departments of banks, and even international organizations (ECB).

The public and private sector professions are not compartmentalized. On the contrary, experience acquired in the public sector by a graduate under a private law contract is often highly valued in banks, economic research institutes, and even specialized departments of large companies. Moreover, the versatility of economics-finance opens up career opportunities that combine economic analysis, forecasting and asset management. It is therefore possible to move within banks towards finance after having held a position as an economist.

Microeconomics specialists will find opportunities in companies, public organizations and research or consulting firms. Due to the digitization of their activities, economic actors have increasing volumes of data that they need to exploit to improve their performance. Graduates of the MS will occupy all types of positions at the interface of data and strategy, whether it be competitive market analysis, quantitative marketing, pricing and revenue management, financial strategy, etc. Graduates will be able to aspire to high-level responsibilities in the economic and financial departments of large industrial and service companies, financial organizations, specialized consultants, national administrations and market regulatory authorities.

The training

The courses listed below correspond to the provisional curriculum for the year 2023-24, which may be subject to change.

Who is the MS MQDE for?

The standard recruitment corresponds to students or professionals with a Bac+5 (Master 2 or equivalent) who wish to acquire a complementary training allowing them to be competitive on the job market. It is recommended to have a M1 or M2 level in applied mathematics, statistics, economics, econometrics or mathematical finance, or an engineering or business school degree with a substantial mathematical or statistical content, as well as knowledge in economics.

A harmonization block at the beginning of the program (end of August to beginning of October) aims to consolidate the knowledge base necessary to follow the courses shared with the third year of the engineering program. You can find more information on the course of study here.

This program can also accept students who have completed their initial training at the Bac+5 level, and who come from educational backgrounds in which economics is not necessarily central, and who wish to acquire additional training in economics to enable them to be competitive on the job market.

Read the testimonies of those who have followed the training on this page.

Tuition fees 

The cost of the training is fixed at :

• 14 000€ for professionals, companies or administrations;
• 9 500€ for students continuing their studies or job seekers.