Competition among universities for the best students has increased as the popularity of studying economics at university has grown since the financial crisis.
This raises the important question of which European universities are best suited to research the topic.
QS publishes an annual global university ranking that is broken down by region and subject.
QS released their latest ranking on Tuesday, which includes information about which universities offer the best education in economics and econometrics.
The ranking takes into account both the academic and professional standing of the university, as well as the frequency with which its scholars’ work is cited by other scholars in the field of economics and econometrics. Next, it assigns a grade out of 100 for each class.
While the United States is home to many top economics programs, Business Insider focused on some of Europe’s finest universities. You can view them down below (overall positions are indicated by brackets).
Best economics universities in europe
Universitat Pompeu Fabra
A consortium of fourteen European accrediting agencies has recognized this Best Economics University in Europe as the first and only Spanish institution to receive the Certificate for Quality in Internationalization.
The academic performance of their students is outstanding.
As a result, the School of Economics and Business is recognized worldwide for pioneering innovative best practices.
They offer over two-thirds of their classes in English only. Their all-English Bachelor of Science in International Business Economics program is exceptional.
University of Sussex
Especially in the areas of development, energy, poverty, labor, and trade, the Department of Economics at the University of Sussex Business School is known worldwide for its excellent teaching and applied research. They also have a reputation as one of Europe’s top schools for economics.
Some of the best and brightest young economists, along with a core of seasoned academics, are all brought together in this vibrant department. They have a broad range of knowledge and skills, with emphasis on applied policy analysis, economic theory, and applied research methods.
Vienna University of Economics and Business
One of the best universities in Europe for studying economics and business is found in Vienna.
This is one of the oldest schools dedicated to the study of economics, having opened its doors in 1874.
The primary goal is to instruct students in the practical application of economic principles.
Internships with companies like McKinsey & Company and Deutsche Bank, which regularly recruit graduates from this and other top European business schools, give students valuable hands-on experience in preparation for future careers in business.
Aarhus University is home to five different schools of study, one of which is the Department of Economics and Business Economics housed within Aarhus BSS. Accreditations such as AACSB, AMBA, and EQUIS attest to the quality of Aarhus Business School’s business programs.
The faculty both teaches and conducts research in a wide range of economics-related fields, including microeconomics, macroeconomics, econometrics, finance and accounting, and operations research.
The department’s academic initiatives, both research and degree-granting, are committed to a global perspective.
Numerous Economics and Business Economics degree programs at the Bachelor’s and Master’s levels are also accessible.
The London School of Economics and Political Science (LSE)
The London School of Economics and Political Science (LSE) is widely recognized as one of the world’s leading centers for study and research in the economic and social sciences.
The University’s excellent economics program has gained international recognition.
The core disciplines of microeconomics, macroeconomics, and econometrics are the mainstays of the LSE Economics program.
University of London
The Economics department at the University of London is well-known across the globe for its contributions to the study of economics.
In the 2014 Research Excellence Framework, the department’s output indicators were graded at the highest level for 79% of the time, giving it an overall grade point average of 3.78 (out of 4).
To put a student’s mind at ease, this university does not discriminate on the basis of religion, sexual orientation, political beliefs, or any other personal characteristic. It is also considered among the finest educational institutions in Europe in the field of economics.
The Department of Economics at Oxford University is home to some of the most distinguished academic economists in the world and is widely regarded as one of Europe’s top research institutions.
The primary focus of economics at Oxford is on the decision-making processes of individuals, firms, and governments.
In addition, the department is devoted to ensuring that all undergraduates graduate with the necessary knowledge through its dedication to superior instruction.
Luigi Bocconi Universita Commerciale
There is a private institution of higher learning in Milan, Italy known as Bocconi University (or Universita Commerciale Luigi Bocconi).
Economics courses are available at all levels of study at Bocconi University.
According to the Financial Times 2013 European Business School Rankings, the university’s business school is among the top ten in Europe.
In the fields of economics, econometrics, accounting, and finance, it is also regarded as one of the world’s top 25 best universities.
The University of Warwick
Coventry, England is home to the public research university known as Warwick. Since its inception in 1965, the Department of Economics at the University of Warwick has grown to become among the best in the United Kingdom and Europe.
About half of the university’s 1200 undergraduates and 330 graduate students are citizens of countries outside of the United Kingdom or the European Union.
The Stockholm School of Economics
Situated in the Swedish capital of Stockholm, Stockholm University is a public institution dedicated to academic research. Having been established in 1878, this university holds the distinction of being both Sweden’s oldest and largest.
It provides a range of economics and business administration degrees, from undergraduate to postdoctoral.
Forbes magazine has consistently placed the Stockholm School of Economics in its top ten list of European business schools from 2011 through 2016.
University of Amsterdam
As the oldest and most prestigious university in the Netherlands and all of Europe, the University of Amsterdam is a cultural and academic center. Its doors first opened in 1632. Its multiple campuses are home to over 120,000 students.
The Faculty of Law & Economics at the University of the Netherlands at Amsterdam (UvA) confers both bachelor’s and master’s degrees in economics.
It’s a great way for students to get involved in cutting-edge research at a variety of different facilities. The ASE at the University of Amsterdam is one such establishment.
University of Cambridge
As a result of its excellent employer reputation score of 99.7, Cambridge is ranked as Europe’s third best university for economics and econometrics. Joseph Stiglitz, Milton Friedman, and John Maynard Keynes are just a few of the well-known economists who got their start at Cambridge..
London Business School
LBS, unlike most of the other schools on the list, is a postgraduate-only institution that focuses on business and management degrees, in which it is ranked as the world’s second-best, behind only Harvard. Despite this concentration, its economics degrees are still among the best in Europe and the world’s top 30.
The top Swiss university in the top 16 is the alma mater of theoretical physicist Albert Einstein, who also served on the faculty there. With this year’s rankings, ETH has moved up four spots among European universities.
University College London
UCL was established in 1826 as a public research university. To succeed in economics, it provides students with the theoretical grounding and hands-on experience they need. Due to its large student body, University College London (UCL) is often ranked as the UK’s second largest university.
The courses are taught by professionals in the field, and the school has a well-organized curriculum. On a list of the best universities in the world, it comes in at number eight.
Tilburg University, Netherlands
Formerly known as Tilburg University College, Fontys University of Applied Sciences, and Technical University of Delft all merged to form what is now known as Tilburg University. Its current location in Tilburg, Netherlands, dates back to its founding in 2003.
Both advanced and beginning students can benefit from the school’s economics programs, which are designed to give them a leg up in the competitive job market.
University Of London Business School
Additionally, the University of London Business School is one of the world’s leading economics institutions. The university, which has its main campus in the heart of London, England, is widely regarded as a global leader in academic research.
European economic integration, industrial economics, global macroeconomy, strategic business behavior, etc. are just some of the economics topics covered at this university.
Erasmus University Rotterdam
Erasmus University Rotterdam, located in the Dutch city of Rotterdam, is widely recognized as one of the top economics schools in all of Europe.
The School of Economics at Erasmus University and the Rotterdam School of Business are two of the best business and economics programs in the world.
Among the top 10 business schools in Europe in 2007, Erasmus University Rotterdam was included.
Autonomous University of Barcelona
The Autonomous University of Barcelona is widely regarded as one of the continent’s top economics schools.
It offers Bachelor’s, Master’s, and Doctoral degrees in Economics as well as Bachelor’s degrees in Finance, Banking, and Economics.
Moreover, UAB is home to a number of research institutions that investigate topics like public policy and economic growth.
QS World University Rankings 2019 places it at number 14 among European universities.
Toulouse School of Economics
Toulouse School of Economics (TSE) is the internationally acclaimed economics program at Toulouse Capitole University. It has some of the best courses anywhere for teaching people how to apply and modify modern theories based on that research.
Since this is the case, it has earned a spot as one of Europe’s 22 best economics schools. Statistics, econometrics, public development, industrial organization, the environment, biodiversity, and finance are all available as areas of emphasis for master’s degree candidates. Numerous industries, such as banking, insurance, and consulting, are eager to hire recent grads.
Universidad Carlos III de Madrid
The University of the Community of Madrid (UC3M) is widely regarded as the premier institution in Spain for the study of economics and econometrics. Although UC3M did well in all categories, they excelled in one: papers cited (82.1). Pablo Iglesias Turrion, founder of the left-wing political party Podemos, is a notable alumnus.
Ecole Normale Supérieure
The Paris-based Ecole Normale Supérieure (Ecole Normale Supérieure) is widely regarded as one of the best universities in France. It is one of the oldest universities in France, having been established in 1794.
It is a private, nonprofit institution that has been ranked highly by numerous organizations. These include QS World University Rankings (2019), Times Higher Education (2018/19), Webometrics, Shanghai Jiao Tong University (2018/19), and Tsinghua University (2015/16).
It has multiple campuses, including one at 5 rue Joliot-Curie, Paris (France) 75005.
University of Manchester, UK
Manchester University, in England, United Kingdom, is a research institution. It has the largest student body of any British university with only one campus.
QS World University Rankings places the University in the top 100 globally, and its five campuses are home to more than 30,000 students.
The majority of the school’s academic departments and research institutes (in fields as diverse as medicine and health sciences, engineering, the sciences, law, journalism and media studies, and more) are located on the main campus at Oxford Road.
Other locations in and around Manchester include the Liverpool Road Campus (home to the Chemistry and Biochemistry Department) and the Sackville Street Campus (home to the Human Biology Department).
Do economists get paid well?
Salaries in the field of economics are affected by a number of variables, such as education, experience, employment setting, and location. Experience and responsibility typically translate into higher salaries in economics. Salary ranges can be anywhere from $26,000 to $216,000 per year.
Is the European School of economics good?
Graduates of ESE are among the most formidable business professionals available, equipped to assume positions of authority in fields such as global marketing, finance, communication, and management.
Is economics taught in English in Germany?
All required classes and the vast majority of available electives are presented exclusively in English. Particularly in the health economics and business administration concentrations, some electives are provided in German.
Which is better MBA or MSc in economics?
Master’s in economics and finance are more specialized than MBA programs, but both are advanced degrees for business professionals. When pursuing a master’s degree in economics or finance, a solid grasp of mathematics is often required. Depending on the industry, an MBA’s average salary may be higher.
Is a Masters in economics worth it?
To be sure, a lot of people find that getting a master’s degree in economics is beneficial. Earning a master’s degree in economics may equip you with the knowledge and skills necessary to spot financial trends and analyze data at a more sophisticated level. This could help you become an asset to a company.
With any luck, you were able to use this list to zero in on the European institution that best suits your economics research needs. In that case, you should look into the colleges themselves.