Qualification: Master's degree (2nd Cycle)
Duration: 3 semesters / 90 ECTS
Study mode: Full time
Programme language: English
Coordinators:
Georgia Panayiotou (Dept. of Psychology)
Philippos Louis (Dept. of Economics)
First round of assessment: 2/4/2024
Second round of assessment: 30/4/2024
Final submission deadline: 14/6/2024
The MSc in Behavioural Economics is offered jointly by the Department of Economics and the Department of Psychology.
It is designed to prepare students for career paths that require the analysis of human behavior (product/service design, human resources management, policy making etc.)
The program is aimed at students with backgrounds in economics, psychology, engineering, and other social, natural, or applied sciences, who wish to explore the questions at the boundaries of Economics and Psychology.
The program provides students with a general grounding in behavioural and experimental approaches to social sciences, and with skills and knowledge that are essential for the economic analysis of human behavior and the application of behavioral science to the resolution of contemporary societal challenges.
Successful graduates will acquire a solid grasp of key concepts and results in the area of behavioural sciences and develop the analytical and technical skills that are valued by academic and other organizations operating in today’s dynamic and complex settings of interaction.
They will be able to use insights drawn from recent studies to understand complex behavioural phenomena that are relevant to the organization’s performance and goals; to comprehend and suitably design the organization’s policies and to appropriately assess the associated risks and rewards; to design and execute studies examining the role of human behavior in contemporary socioeconomic phenomena, and to evaluate the outcomes of interventions, using cutting edge research techniques.
Graduate's prospects
The programme is designed for students interested in seeking employment in public or private organizations in the fields of Behavioural analysis, marketing, consumer behaviour, product design, etc. Faculty in both departments maintains strong connections to national and international organizations and the private sector.
Additionally,our graduates will be able to follow academic paths leading to PhDs in Behavioural sciences and experimental Psychology/Economics. Both Departments have a strong tradition in fostering PhD programmes, and graduates of the Master in Behavioural Economics can be competitive applicants to these and other international programmes.
Requirements and conditions
Admission is based on suitability in terms of both academic credentials and experience (e.g. prior research or work experience).
Vacancies are announced once a year and admissions are made based on the regulations of the Graduate School of the University of Cyprus. After initial screening, shortlisted applicants may be called for a personal interview.
The minimum necessary requirements are:
- Bachelor Degree in a related discipline, such as economics, psychology, political science, sociology, mathematics, physics, computer science, engineering.
- Demonstrated proficiency in English.
Students with academic backgrounds outside of Economics or Psychology may be required to take up to two undergraduate courses, in addition to the formal course load, in order to acquire the necessary background for completing the programme. ECTS from these courses will not count towards the Master’s Degree.
To demonstrate proficiency in English, prospective students must meet at least one of the following criteria:
A. Be a native English speaker.
B. Have completed a Bachelor’s programme that was taught in English.
C. Have participated in one of the following exams and achieved a grade at least as high as the minimum scores presented below:
- IELTS: 6.0
- TOEFL (regular examination): 230
- TOEFL (internet examination): 90
- Cambridge English Proficiency: C
- Cambridge English Advanced: C
- Cambridge English First: A
Prospective students must apply through the Graduate School of the University of Cyprus.
The application must include:
- Academic Record (transcripts and degree certificate if the applicant has already graduated)
- Curriculum Vitae/Resume
- Motivation Letter
- Recommendation Letters from two academic supervisors or instructors
- Proof of proficiency in English
Programme Structure
| Semester 1 | |
| Code/Course | ECTS |
| ECO 661 Microeconomics | 7.5 |
| ECO 665 Behavioural and Experimental Economics | 7.5 |
| Choose one of the following four: | |
| ECO 663 Econometrics | 7.5 |
| ECO 664 Analysis of Economic and Financial Data* | 7.5 |
| PSY 604 Multivariate Statistics for the Behavioural Sciences | 7.5 |
| PSY 789 Applied Data Analysis I | 7.5 |
| Choose one of the following two: | |
| PSY 713 Experimental Methods in Psychology | 7.5 |
| PSY 641 Epistemology and Research Design in the Social Sciences | 7.5 |
| Semester 2 | |
| Code/Course | ECTS |
| PSY 608 Attention and Perception | 7.5 |
| PSY 640 Social Influences and Social Representations | 7.5 |
| ECO 675 Behavioural Insights for Policy | 7.5 |
| Choose one of the following two: | |
| PSY 731 Cognitive Neuroscience | 7.5 |
| PSY 719 Topics in Neuroscience | |
| Semester 3 | |
| Code/Course | ECTS |
| BEH697A Master's thesis | 30 |
