In this article, we would be taking you through some of the best Economics universities in Europe that award bachelor’s, master’s, and doctorate degrees.
Are you interested in the field of Economics? Do you want to study in Europe? If your answer is yes, we have some of the best and most affordable universities in Europe just for you.
The old continent of Europe provides a wide range of English-taught university options to students, with low or even no tuition rates, and excellent travel opportunities.
Before we dive into our list of best universities, we would like you to know why we recommend Europe as a study destination.
Table of Contents
Why study Economics in Europe?
Some of the reasons to study Economics in Europe are given below
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It Boosts your CV/Resume
Are you looking for a way to boost your resume or CV? It is impossible to go wrong by studying economics in Europe.
With some of the best economics universities in the world, any employer that sees that you studied in Europe would certainly hire you right away.
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Quality Education
Europe has some of the world’s best universities. Cross-border agreements have aided in the development of a vibrant international academic community.
Studying economics in Europe will provide you with some of the broadest and most effective abilities in the area, from research to practical application.
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Economic Hub
Cities in the United Kingdom, France, Spain, the Netherlands, Germany, Italy, Austria, Norway, Denmark, Sweden, and Belgium are international centers of business, culture, history, and the arts.
As an economics student in Europe, you will not only have access to these amazing cities, but you will also have the opportunity to gain an understanding of how some of the world’s most important economic centers work.
What are the 20 Best Economics Universities in Europe?
Below are the 20 best economics universities in Europe
- Oxford University
- The London School of Economics and Political Science
- University of Cambridge
- Luigi Bocconi Universita Commerciale
- University of London
- The University of Warwick
- University of London Business School
- The Stockholm School of Economics
- University of Copenhagen
- Erasmus University Rotterdam
- Universitat Pompeu Fabra
- University of Amsterdam
- Nottingham University
- University of Sussex
- Autonomous University of Barcelona
- Vienna University of Economics and Business
- Tilburg University
- University of Bristol
- Aarhus University
- Nova School of Business and Economics.
The 20 best Economics Universities in Europe
#1. Oxford University
Country: UK
Oxford’s Department of Economics is one of Europe’s leading research institutions and home to some of the world’s most prominent academic economists.
The primary goal of economics at Oxford is to understand how consumers, businesses, and governments make decisions that affect how resources are allocated.
Furthermore, the department is committed to providing students with the requisite knowledge by the time they graduate through excellence in undergraduate teaching.
#2. The London School of Economics and Political Science (LSE)
Country: UK
LSE is a world-class center for social science teaching and research, particularly in economics.
The University is well-known throughout the world for providing excellent economics education.
LSE Economics focuses on microeconomics, macroeconomics, and econometrics, which are all key foundations for learning about economics.
#3. University of Cambridge
Country: UK
Cambridge University economics degree offers both academic and practical economics. Students studying economics, at this university, apply concepts and techniques from a variety of disciplines such as history, sociology, mathematics, and statistics.
As a result, graduates from this university are exceptionally well prepared for a wide range of occupations and further education.
#4. Luigi Bocconi Universita Commerciale
Country: Italy
Bocconi University, also known as Universita Commerciale Luigi Bocconi, is a private university in Milan, Italy.
Bocconi University offers undergraduate, graduate, and postgraduate economics programs.
The university is ranked among the top ten best business schools in Europe in the 2013 Financial Times European Business School Rankings.
It is also among the top 25 finest universities in the world in the subjects of Economics, Econometrics, Accounting, and Finance.
#5. University of London
Country: UK
The Economics department at the University of London has a good international reputation in major areas of economics education.
It was the only economics department in the UK to achieve an excellent grade-point average of 3.78 (out of 4) in the 2014 REF, with 79% of all output measures assessed at the highest level.
Students should not be concerned about their religion, sexual orientation, political beliefs, or anything else influencing their entrance to this university.
#6. The University of Warwick
Country: UK
The University of Warwick is a public research university in Coventry, England. The Department of Economics at the University of Warwick was founded in 1965 and has since established itself as one of the greatest economics departments in the UK and Europe.
This university currently has about 1200 undergraduate students and 330 postgraduate students, with half of the students coming from the United Kingdom or the European Union and the other half from other countries.
#7. University of London Business School
Country: UK
The University of London Business School (LBS) is a business school within the University of London. It is situated in the heart of London, England.
LBS’s economics department excels in academic research. They teach economic theory, industrial economics, strategic business behavior, the global macro economy, and European economic integration among other things.
#8. The Stockholm School of Economics
Country: Sweden
Stockholm University is a public, research-oriented university in Stockholm, Sweden. The university was founded in 1878 and is the oldest and largest in Sweden.
It offers bachelor’s degrees, master’s degrees, doctoral programs, and postgraduate research programs in Economics & Business Administration.
The Stockholm School of Economics has been ranked as one of Europe’s top ten business schools by Forbes Magazine for nine years running between 2011–2016.
#9. University of Copenhagen
Country: Denmark
The Department of Economics at this university is known for high-level international research, research-based education, and a contribution to international and Danish economic policy debates.
Their economics study program draws talented young individuals who receive one of the greatest economics educations in Europe and subsequently contribute to the community or pursue research.
#10. Erasmus University Rotterdam
Country: Netherlands
Erasmus University Rotterdam is a well-known public university in the Dutch city of Rotterdam.
Erasmus University’s School of Economics and Rotterdam School of Business are among the best economics and management schools in Europe and the globe.
In 2007, Erasmus University Rotterdam was rated one of Europe’s top 10 business schools by the Financial Times.
#11. Universitat Pompeu Fabra
Country: Spain
This university’s School of Economics and Business is the first and only faculty in Spain to receive the Certificate for Quality in Internationalization from a consortium of fourteen European accreditation agencies.
Their students demonstrate a high degree of academic achievement.
As a result, the Department of Economics and Business is well-known for setting international standards.
More than 67% of their courses are taught in English. Their bachelor’s degree program in International Business Economics, which is taught exclusively in English, is also noteworthy.
#12. University of Amsterdam
Country: Netherlands
The University of Amsterdam is the largest university in the Netherlands and one of Europe’s oldest. It was founded in 1632. It has more than 120,000 students enrolled across its campuses.
The UvA offers undergraduate and post-graduate degrees in Economics through its Faculty of Law & Economics.
It offers students an opportunity to take advantage of research at a number of institutes. One such institute is the Amsterdam School of Economics (ASE).
#13. Nottingham University
Country: UK
The School of Economics combines teaching excellence and innovation with a global reputation for high-quality research.
Their courses combine all of the fundamental analytical and quantitative techniques required of modern economists.
They are ranked 5th in the UK for economics and econometrics in the Research Excellence Framework, and they are ranked in the Top 50 worldwide for economics departments in the Tilburg University Economics Ranking and the IDEAS RePEc ranking.
#14. University of Sussex
Country: UK
The Department of Economics is an important part of the University of Sussex Business School and has an international reputation for excellent teaching and applied research, particularly in the areas of development, energy, poverty, labor, and trade.
This dynamic department brings together some of the brightest and best early-career economists with a solid core of senior academics. Their knowledge and skills span a wide range of subjects and techniques, with particular strengths in applied policy analysis, economic theory, and applied research techniques.
#15. Autonomous University of Barcelona
Country: Spain
The Autonomous University of Barcelona is one of the best economics universities in Europe.
It offers bachelor’s degrees in Economics, Finance, and Banking, Master’s programs in Economics, and PhDs in Economics.
UAB also has several research centers that study subjects such as economic development and public policy.
It is ranked 14th place among European universities according to QS World University Rankings 2019.
#16. Vienna University of Economics and Business
Country: Austria
Vienna University of Economics and Business is one of the most prestigious universities of economics and business in Europe.
The university was founded in 1874, making it one of the oldest institutions for higher education in this field.
The main focus here is on teaching students how to apply economic principles to real-world problems.
Students get hands-on experience through internships at companies or organizations such as McKinsey & Company or Deutsche Bank that hire graduates from this school as well as other top business schools around Europe.
#17. Tilburg University
Country: Netherlands
Tilburg University is a public research university located in Tilburg, the Netherlands.
It was established on the 1st January 2003 as a merger of the former Tilburg University College, the former Technical University of Delft, and the former Fontys University of Applied Sciences.
This school’s Bachelor’s and Master’s programs in economics are ranked first in the Netherlands.
#18. University of Bristol
Country: UK
This School of Economics is renowned for its high-quality teaching and research and is one of the leading economics departments in the UK.
In the 2021 Research Excellence Framework, they were ranked among the top economic departments in the United Kingdom (REF).
The school of Economics at this university is ranked top 5 in the UK for “world-leading” impact in Economics and Econometrics, as well as the top 5 in the UK for Economics and Econometrics research output (REF 2021).
They provide undergraduate and graduate economics programs.
#19. Aarhus University
Country: Denmark
The Department of Economics and Business Economics is part of Aarhus BSS, one of Aarhus University’s five faculties. For its business-related activities, Aarhus BSS holds the prestigious accreditations AACSB, AMBA, and EQUIS.
The faculty teaches and conducts research in the fields of microeconomics, macroeconomics, econometrics, finance and accounting, and operations research.
The department’s research and degree programs have a strong international focus.
The department also offers a wide range of bachelor’s and master’s degree programs in economics and business economics.
#20. Nova School of Business and Economics
Country: Portugal
Nova School of Business and Economics is a private university located in Lisbon, Portugal. Nova SBE is a non-profit institution of higher education that was founded in 1971.
It has been ranked as one of the best economics universities in Europe by QS World University Rankings 2019 and also by Times Higher Education World University Rankings 2018.
The school’s core mission is to provide students with an opportunity to acquire skills that will enable them to enter into positions where they can make an impact on society while developing their personal growth through knowledge acquisition and experience development opportunities within business or economics fields such as business administration, finance & accounting, marketing management, international business management, strategy & innovation management etc.
Frequently Asked Questions on the Best Economics Universities in Europe
Which country is best to study economics in Europe?
When it comes to Europe, the United Kingdom is the best place to study economics. This country is well-known for its universities, which offer well-designed economics programs and consistently rank high in global rankings.
Which is better MBA or MSc in economics?
MBA programs are more general, whereas master's programs in economics and finance are more specific. A master's degree in finance or economics typically necessitates a stronger mathematical foundation. MBAs may earn higher average pay depending on the job.
Do economists get paid well?
Economist salaries are affected by a variety of criteria, including degree, experience level, job type, and geographical region. The highest-paying economist positions are typically proportionate to the number of years of experience and degree of responsibility. Some annual wages range from $26,000 to $216,000 USD.
Is Germany good for economics students?
Germany is a great choice for overseas students interested in studying economics or business because of its robust economy and booming corporate sector. Students from all around the world are drawn to Germany by its highly ranked colleges, lack of tuition fees, and low cost of living.
Is a Masters in economics worth it?
Yes, for many students, a master's degree in economics is worthwhile. Masters programs in economics may teach you how to identify financial trends and analyze financial data at an advanced level. This might assist you in becoming a valuable member of a business.
Is an economics Ph.D. worth it?
An economics Ph.D. is one of the most appealing graduate programs: if you complete it, you will have a great chance of securing an influential research position in academia or policy. Academic economics, in particular, is one of the finest methods to undertake and promote global priorities research, which is one of our priority routes.
How many years is a Ph.D. in economics?
The 'typical' length of a Ph.D. program in economics is 5 years. Some students complete their thesis in less time, while others take more.
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