The BDPEMS program is divided in a qualification and a dissertation phase. During the qualification phase (first two years), students acquire basic methodological and research oriented training in mandatory course work, they define their research area and find supervisory support. They write research proposals which are discussed with faculty members individually and in seminars in order to provide early feedback on the scientific potential of research ideas. This is a central part of the BDPEMS program, in which the students have full flexibility in the choice of the research topics and of the supervisors. During this phase, students are funded through stipends which allow for this flexibility.
During the dissertation phase (years three to five), student are typically employed their supervisor's chair. This has the advantage for the students that there is a close connection to the supervisor, that the student is embedded in a team of researchers that share thematically and methodologically common research interests.
In the first year, students take obligatory courses from at least three of the four areas: Microeconomics, Macroeconomics, Econometrics, and Management Science (“Core Courses”).
Econometrics is a mandatory for everyone. 18 ECTS points or study points (SP) must be achieved in each subject. At least 54 SPs must be achieved in the first year.
The Core Courses consist of:
• Microeconomic Analysis I & II [9 SP respectively]
• Macroeconomic Analysis I & II [9 SP respectively]
• Management Science I & II [9 SP respectively]
• Econometrics I & II [9 SP respectively]
In “Econometrics”, students can choose between a “Standard Track” and a “Beginner’s Track”.
In the second year, 36 SPs must be achieved, either in the remaining courses of the Core Fields or within the range of “Elective Courses.” Students may also obtain SPs through participation in block seminars, summer schools and a limited number of teaching credits.
The “Elective Courses” currently cover among others the following areas:
• Interdependencies in the regulation of markets (Research Training Group 1659)
• Behavioral & Experimental Economics
• Econometrics & Statistics
• Quantitative Labor
• Public Economics
In total, students have to successfully complete a minimum of 90 ECTS in order to finish the program. We expect course work to be finished after a maximum of two years.
The dissertaion phase is typically spend with writing three journal grade papers, which will constitute the students dissertations. Students are also expected to find their second supervisor early on in the dissertation phase. Furthremore students will present their research at various seminars and conferences, visit other conferences for external input and possibly teach their first own courses.