Program Overview
The Economics at American University of Armenia is a MSc programme in Business & Management, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.
Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of business & management. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.
Graduates of the Economics programme are well-prepared for careers in academia, industry, government, and the private sector across Armenia and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.
Key Program Features
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 6.5
- Tuition: EUR 6,442 (Tuition (Year)) — International students; EUR 2,108 (Tuition (Year)) — EU/EEA students
- Location: Yerevan, Armenia
Career Opportunities
Graduates of the Economics programme are prepared for diverse careers in business & management:
- Business Analyst
- Management Consultant
- Product Manager
- Strategy Analyst
- Operations Manager
- Entrepreneur
Program Curriculum
Course Structure
- Quantitative Methods for Economists (Mathematical Economics)
- Econometrics 1 (Economic Statistics)
- Microeconomic Theory
- Macroeconomic Theory
- Econometrics 2
- Economic Research Seminar
- Capstone: (3 credits completed during the Research Seminar course)
- Econometrics and Forecasting
- Labor Economics
- Financial Economics
- Health Economics
- Statistics
- Money, Banking and Monetary Policy
- International Economics
- Business Economics
- Development Economics
- Finance
- Public Finance
- Mathematics
Admission Requirements
Academic Requirements
Application Requirements
To ensure your application for admission is complete, you must submit all of the required documents. Some programs have additional supplements. You should check the website of your preferred field of study to clarify whether there are additional admissions requirements. General application requirements include:
- A complete Application for Admission to Graduate Studyincluding all required supplements as outlined in the application instructions.
- Present official results confirming English Language Proficiency typically through the TOEFL iBT or IELTS. Native and near native speakers are eligible for a waiver. For more information, please read the English proficiency waiver policy and application form here.
- You must submit official score reports confirming English language proficiency either from the TOEFL iBT or IELTS exams. For AUA application purposes, these scores are valid only if your test date was less than two years before the application submission date. You must ensure that official test scores are sent to AUA directly from the testing service, using AUAs institution codes as noted below:
- TOEFL iBT code 4151
- You must submit official score reports confirming English language proficiency either from the TOEFL iBT or IELTS exams. For AUA application purposes, these scores are valid only if your test date was less than two years before the application submission date. You must ensure that official test scores are sent to AUA directly from the testing service, using AUAs institution codes as noted below:
- Present official Graduate School Admissions Exam results typically from the GRE, GMAT, or LSAT depending on your selected field of study as outlined below to demonstrate to the Admissions Committee your ability to succeed in your selected graduate program.
English Proficiency: IELTS 6.5 or equivalent.
Tuition & Financial Information
Tuition Fee
EUR 6,442 (Tuition (Year)) — International students; EUR 2,108 (Tuition (Year)) — EU/EEA students
Tuition fees: EUR 6,442 (Tuition (Year)) — International students; EUR 2,108 (Tuition (Year)) — EU/EEA students
IELTS requirement: 6.5
Financial Aid & Scholarships
Contact American University of Armenia directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.
About American University of Armenia
American University of Armenia
Yerevan, Armenia
Visit the university profile page to learn more about this institution.
University Profile- Application Deadline Jul, 2026
- Start Date Sep, 2026
- Language English
