|1st Semester (September - January)||ECTS||2nd Semester (January - May)||ECTS|
|Macroeconomics||6||History of Economic Thought
|Games and Contract Theory||6||Elective
|Research Seminar in Economics||12|
|Master dissertation in Economics||48|
A wide range of courses is available to complement the core course modules. These can be in specific areas of economics or political economy or from areas such as finance, management, marketing, and quantitative methods.
Note: The courses below are examples of modules which may be offered; however, the School reserves the right to alter, omit or add optional modules within the overall framework described above:
- Applied Economic Modelling
- Topics in Industrial Economics
- Monetary Theory and Policy
- Banking and Insurance Economics
- Competition Policy and Regulation
- Forecasting Methods
- Human Resources and Labour Economics
- Environment, Energy and Sustainability
- International Finance
- Entrepreneurship and Venture Creation
- International Corporate Governance
Academic Year 2017/2018
|Second Chance Exams||January||January|
|Second Chance Exams||N/A||N/A|
Note: Some exams may be done during the courses period
||September - October 2018
|Project/Dissertation||Delivery no later than September 2019
Note: some changes can be made yet to the calendar. Students should NOT book their flight back before knowing the exact dates of all examinations, including Second Chance exams.
Alexandra Ferreira Lopes
Alexandra Ferreira Lopes is Assistant Professor at the ISCTE-IUL Business School and she is affiliated with BRU-IUL and CEFAGE-UE research centers. She earned her Ph.D. in Economics from ISEG-UTL. She is the author of a number of articles about Open Macroeconomics, Business Cycles, Endogenous Growth Theory, and Empirical Economics, published in international journals such as Open Economies Review, Economic Modelling, Ecological Economics, Regional Studies, Public Finance Review, Spatial Economic Analysis, and Oxford Economic Papers.
Catarina Roseta Palma
Catarina Roseta Palma is a professor at the ISCTE-IUL Business School and holds a Phd in Economics from Nova SBE. Her research is mostly in environmental and natural resource economics and she has several publications in these areas. She’s the vice-president of the European Association of Environmental and Resource Economists. She has also worked as a consultant for the Portuguese Environment Ministry, the European Commission and the River Basin Authorities of Alentejo and Algarve.
Maria de Fátima Ferreiro is an assistant professor at Department of Political Economy (School of Human and Social Sciences) with a PhD in Economics (ISCTE-IUL) about ‘Economics, Property Rights and Agriculture’. Her activity as a teacher is related with courses of History of Economic Thought, Social Economics, and Economics and Territory. Her research and publication areas are mainly related with territory and sustainability, environmental values and ethics, public decision and social economics. She is a member of Dinâmia-CET/ISCTE-IUL.
José Dias Curto
Dr. Dias Curto is currently Associate professor in the Quantitative Methods department and Director of the Master in Management at ISCTE-IUL Business School. His research is broadly on statistics and econometrics applied to finance and accounting. He has published his work in the International Statistical Review, Statistical Papers, Journal of Applied Statistics, Nonlinear Dynamics, European Management Journal, Portuguese Economic Journal, Review of Quantitative Finance and Accounting, European Accounting Review and Australian Accounting Review. He got his Ph.D. in Quantitative Methods for Management from ISCTE-IUL.
Luís Francisco Carvalho
Luís Francisco Carvalho is an Assistant Professor at the Department of Political Economy of ISCTE-IUL and holds a Phd in Economics from ISCTE-IUL. He his researcher at DINAMIA’CET-IUL, Centre for African Studies (CEA-ISCTE-IUL), and Centre of African and Development Studies (CESA-ISEG-UTL). His research interests cover the History of Economic Thought, Development Theories and Policies, International Political Economy, and African Studies. He has worked as a consultant for the Portuguese Education Ministry.
Luis F. Martins is Assistant Professor of Quantitative Methods at ISCTE-IUL Business School. He studied economics and econometrics at ISEG-UTL, Portugal (Licenciatura in Economics, 1995; M.S. in Mathematical Modeling for Economics and Management, 1998) and economics at the Pennsylvania State University, USA (Ph.D. in economics, 2005). His research focus is on theoretical and applied time series econometrics and he has published a number of articles in refereed journals including Econometric Theory, Econometrics Journal, Computational Statistics and Data Analysis, Journal of Money, Credit and Banking and Empirical Economics.
Rui Menezes is full professor of Quantitative Methods at ISCTE-IUL Business School. He holds a PhD in econometrics from the University of Keele, UK. His research work is mostly concerned with Time Series Analysis and Financial Econometrics and he has several publications in these fields. He is currently the head of the Department of Quantitative Methods at ISCTE-IUL, member of the General Council and had previously several responsibilities in Academic Administration and Consultant.
Sérgio Lagoa is assistant professor at ISCTE-IUL and holds a PhD in Economics from the University of Leicester. He has taught several graduate and undergraduate economics courses in ISCTE-IUL. His research is mostly in monetary and financial economics and he is member of the research center Dinâmia-CET/ISCTE-IUL.
Henrique Monteiro is Assistant Professor at the ISCTE-IUL Business School and a researcher at BRU-IUL. He earned his Ph.D. in Economics from ISEG-UTL. His main research interests are in environmental and natural resource economics, especially in the area of water management and applied microeconometrics. He has published work in Water Resources Research, Review of Urban and Regional Development Studies and International Review of Economics Education. He also worked as a consultant for the European Commission, the River Basin Authorities of Alentejo and Algarve and the Regional Government of Madeira.
Vivaldo Mendes is an associate professor at the Business School of ISCTE-IUL and holds a PhD in Economics from the University of Sussex. His research is mostly in the fields of macroeconomics and nonlinear dynamics and has various publications in these areas. He is currently the director of the department of Economics at ISCTE-IUL and has also performed other public duties at the university level (e.g., Vice-Rector of ISCTE--IUL from 2005 to 2009).
Sofia Vale is Assistant Professor at ISCTE-IUL. She holds a PhD in Economics from ISCTE-IUL and she is member of the research center BRU -IUL. She has published her research on growth, tourism, and health in international journals and regularly participates in international economics conferences. She is currently the director of the PhD in Economics at ISCTE-IUL and has also performed other duties at the university level.
In the scope of this programme, ISCTE Business School provides a Welcome Day to its students, which consists in a Welcome Session with the Dean of the School, all of the Directors of masters, and a presentation from ISCTE Junior Consulting, ending with a guided visit to ISCTE’s facilities.
The best and most memorable programmes are distinguished from the first moment. ISCTE Business School organizes the first day of classes for team building activities that since the beginning of his academic life, the true freshmen create team spirit and friendship.
These activities will allow the student to:
- Get to know your colleagues in a relaxed and friendly environment enabling contact and networking;
- Discover IBS reality, the environment, infrastructures and support services;
- Start the process successfully of changing a high school student to an undergraduate student mind-set;
- Realize the new challenges that expecting a student of Masters and their professional opportunities and contact with the testimonials from alumni.
IBS Mentoring Programme is a personal development project, reserved for our best Masters Students. Through this programme, they can contact a former IBS Student.
The aim of this programme is to allow students to complement their academic background and training at ISCTE Business School with a better knowledge of the economic and business reality where they will integrate in the near future.
With their mentors, students have the opportunity to discuss their academic progress and career prospects, and benefit from their recognised professional experience that will help them clarify many of the most pressing issues.
For more information about IBS Mentoring Programme, contact firstname.lastname@example.org
Tiago Gonçalves, IBS Mentor
Manager planning and controlling management at EDP innovation and EDP ventures
BSc in Management 2006
"On a personal level has been truly rewarding to contribute in some way, through my career, experience and knowledge for a whole new generation of managers. It is certainly an enriching experience for Mentors, forcing them to resume contact with life and academic difficulties and concerns that students face today.
Companies Represented (Edition 2013/2014)
Tuition Fees for International Students* 2017/2018
|1st Year||€ 7.000|
|2nd Year (dissertation/project)||€ 2.800|
Tuition Fees for National Students 2017/2018
|1st Year||€ 2.400|
|2nd Year (dissertation/project)||€ 1.600
During the first year the tuition fee can be paid either in one lump sum or spread over nine instalments.
For the 1st Year:
|1st installment||€ 350
|2nd installment||€ 256,25||until 15 October 2017
|3rd installment||€ 256,25||until 15 November 2017|
|4th installment||€ 256,25||until 15 December 2017|
|5th installment||€ 256,25||until 15 January 2018|
|6th installment||€ 256,25||until 15 February 2018
|7th installment||€ 256,25||until 15 March 2018
|8th installment||€ 256,25||until 15 April 2018|
|9th installment||€ 256,25||until 15 May 2018|
This tuition includes:
- Free access to all IBS facilities and general services
*The international student status is applied to students who:
- Are not nationals of a Member State of the European Union;
- Have foreign nationality different from that of a Member State and are legally resident in Portugal for less than two years, uninterrupted, on August 31 of the year in which they wish to join the ISCTE and children residing with them legally **;
- The nationality is not an African Portuguese speaking country, PALOP (As Deliberation of the Board of Management of ISCTE-IUL).
International Students must pay the whole tuition fee each year in a single lump sum at the enrolment.
** For residence time score effects in Portugal, does not fall time with a residence permit for study.
The application of international students to the masters of ISCTE-IUL is done online through the same portal as national students acess.
European Union (EU) and EEA (Iceland, Liechtenstein and Norway) citizens have the right to move to another EU Member State to live, study and work, but should contact the Department of Immigration and Border Control (SEF) after arriving in Portugal. Evidence will have to be provided of enrolment at ISCTE, as well as proof of health insurance coverage and sufficient financial resources.
Nationals of non-EU or non-EEA countries must apply for a study visa, which is a special permit granted to foreign students coming to Portugal. This visa must be obtained from the consular section of the Portuguese embassy or consulate in the country of residence. Should you have any doubts, please check with your local Portuguese embassy or consulate. The study visa may be granted on a multiple entry basis and is valid for one year.
The Portuguese Public Health System covers students from the EU holding a valid document issued by the health authority of the country of origin.
If you have private health insurance, ask your insurance company if it can provide extra medical coverage for your stay abroad. Be sure that your current health insurance policy is valid until the end of the programme. If you are not an EU citizen, check what documents you need to receive assistance in Portugal on your current health care plan. You must be sure you have appropriate medical coverage for the duration of your studies in Portugal.
ISCTE Business School gives the students the opportunity to apply to scholarships in order to help finance the tuitions.
You can also consult the credit options of the following financial institutions:
The ISCTE Business School strives to promote and develop a culture of merit. In order to highlight and reward the best students, and to value their individual effort and performance, the School has created incentives and goals for our students to strive towards.
Students who have concluded a Undergraduate Degree in an international or national university with at least one of the three international “Triple Crown” accreditations (AACSB, AMBA or EQUIS) and with a GPA (Grade Point Average) of between 15 and 20, on a scale of 0-20 are eligible to the Admission Award.
The Admission Award is indexed to the GPA as per the following table:
Undergraduate Degree GPA**
15 (on a scale of 0-20)
20% of the 1st year's tuition fee
16 (on a scale of 0-20)
40% of the 1st year's tuition fee
17 (on a scale of 0-20)
Full tuition fee of the 1st year’s Master Programme
** Students from International universities should submit their final classification to the conversion rule between ECTS echelons and the classification scale of the ISCTE Business School (from 0 to 20), according to the following:
“A” – Final classification between 16 and 20; “B” – Final classification between 14 and 15; “C” – Final classification of 13; “D” – Final classification between12 and 11; “E” – Final classification of 10; “F” – Final classification of 9 or below. Students whose evaluation on the above scale places them between two points should be given the award indexed to the lower evaluation.
To be eligible for the Admission Award, students must be accepted for a Full-time Master Programme managed exclusively by IBS.
The information herein is additional to the general rules of ISCTE-IUL which should also be read carefully.
See the regulation here.
*Subject to approval
Best Student Award
The ISCTE Business School awards a prize of €1,500 to the best student in each IBS Masters Programme.
For further information, please contact the IBS Master Programme secretariat:email@example.com
The MSc in Economics has an employment rate of 100% up to 12 months after completion of Programme. The sectors most represented in the recruitment of masters graduates are Audit & Consulting, Banking, Large Distribution & Retail and Telecommunications.
Some of the companies that hire masters students of IBS:
Getting a job
Students from European Union member states don't need, in most cases, a work permit and have better chances finding work, especially with Portuguese language skills.
Students from outside the European Union holding a study visa, may do complementary work while pursuing the studies for which the visa was granted. A work contract might be requested. For further information, please check the site of the Portuguese Service for foreigners and border affairs SEF (Serviço de Estrangeiros e Fronteiras).