In a fast-paced, highly dynamic and competitive environment, it is crucial to be one step ahead of everyone else. Being able to anticipate the consequences of the alternative choices faced by a company is key to building sustainable competitive advantage.
The Master in the Economics of Business and Strategy was designed to enable students to successfully grasp and tackle this dynamic environment, either as managers or researchers.
Students are provided foundations in economic theory and a powerful set of cutting-edge analytical tools, allowing them to effectively solve real business situations.
A strong emphasis is given to entrepreneurship, innovation, internationalization, and incentive-design as essential tools for analyzing new market dynamics and corporate performance. Students are required to understand the current world economy and to predict the economic trends that may prevail.
The program draws on the expertise of the University of Porto faculty, as well as on the unique perspectives of experts and successful managers. It also builds on the synergies of FEP’s strong relationships with corporations in order to give students a full perspective on how strategic thinking is a fundamental tool to thrive in the current business environment.
Attending this Master is also an opportunity to live in and enjoy Porto, a city recognized by its history, culture, architecture, and food, but also identified as one of the most vibrant economic centers in Europe.
We invite you to take full advantage of the opportunity to be at the forefront of strategic thinking.
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The MSc in the Economics of Business and Strategy combines different theoretical perspectives (such as the theory of the firm, incentives theory, behavioral theory) with valuable analytical tools, preparing students to be able to clearly characterize an industry and its evolution and to strategically rethink and lead an organization in this challenging and always changing environment.
The Master consists of core courses, electives, projects, seminars, and a master's thesis or internship distributed over 4 semesters. The rigorous theoretical foundations, that are essential to understand and correctly predict the consequences of strategic decisions in firms, are provided by covering the fundamental theories in the economics of strategy, organizations, entrepreneurship, and innovation. A whole range of analytical tools to gather and efficiently analyze business data are covered in econometrics, business analytics, and decision support systems. The combination of both theory and methods is ensured through courses such as business intelligence, business valuation, and strategy implementation.
The Masters also provides a practical component. Each semester students will attend a Project course in which they undertake challenges submitted by real clients, from start-ups to established companies, with a strong focus on entrepreneurship, innovation, and internationalization. This is an opportunity to apply the learned theoretical approach to analyzing corporations and their strategies for dominating real-life problems.
Weekly seminars give students the opportunity to interact with entrepreneurs, investors, and policymakers, learning from their unique experience and view on strategic thinking.
After graduating, students should be able to characterize a strategic challenge faced by companies, to identify the alternative strategic solutions and its consequences and to design a comprehensive implementation plan.
The Masters is part of the QTEM - Quantitative Techniques for Economics and Management network, which means that the Master in the Economics of Business and Strategy, firstly, facilitates access by the best students to study and work abroad within the QTEM network that gathers prestigious academic and corporate partners and, secondly, is a student-friendly option for exchange students from participating foreign partner academic institutions.
Who should apply?
The Masters is a full-time program taught in English. It is targeted at recently graduated students with a bachelor’s degree in management, economics, industrial engineering or a similar subject. Students should have the interest to learn the competencies to strategically think about an organization and the industry it belongs to. The program is also suited for those interested in obtaining the scientific foundations to pursue graduate studies in business, economics or related fields.
1st call: January 5 till March 1, 2021
Applications online: www.fep.up.pt