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5 Years On Campus Dual-bachelors Program
IE UniversityThe Dual Degree in Economics and Applied Mathematics at IE University is a five year interdisciplinary program designed for students who want to combine strong mathematical skills with a deep understanding of how global economies work. It is ideal for students who enjoy mathematics, data analysis and economic problem solving, and want to use quantitative tools to understand financial markets and real world economic challenges.
Curriculum structure
First Year
In the first year, students build a strong academic foundation in both mathematics and economics. Courses such as Calculus, Linear Algebra and Discrete Mathematics develop mathematical thinking, while Microeconomics and Macroeconomics introduce the key principles behind how markets and economies operate. Students also study Computer Programming and Economic History, which begin to connect quantitative methods with economic analysis.
Second Year
During the second year, students strengthen their analytical and technical skills through advanced mathematical courses such as Geometry, Ordinary Differential Equations and Numerical Methods. At the same time, they learn to work with economic data through subjects like Statistical Modeling, Databases and Data Visualization. Courses such as Machine Learning and Industrial Organization and Strategy also introduce the growing role of technology and data in modern economic decision making.
Third Year
In the third year, students continue developing their ability to analyze complex economic problems using quantitative tools. Through advanced studies in statistical modeling, research methods and applied economic analysis, they learn how to interpret large datasets and understand economic patterns. This stage of the program focuses on combining theoretical knowledge with practical analytical skills.
Fourth Year
The fourth year introduces more specialized and advanced topics that integrate mathematics with economic applications. Students study challenging subjects such as Algorithms, Partial Differential Equations, Deep Learning and Bayesian Statistics and Stochastic Processes. They also explore economic topics like Behavioral Economics, Capital Markets, Microeconometrics and Finance and Decision Making, which help them understand financial systems and economic behavior at a deeper level.
Fifth Year
In the final year, students focus on specialization and real world experience. They choose elective courses related to their career interests and may participate in an internship or international exchange opportunity. The program concludes with Final and Capstone Projects, where students apply their knowledge of mathematics and economics to solve real world problems and demonstrate the skills they have developed throughout the program.
Focus areas (in a string)
Economic analysis, applied mathematics, econometrics, data analytics, mathematical modeling, machine learning, financial markets
Learning outcomes (in a string)
Apply mathematical models to economic problems, analyze complex datasets using statistical and computational tools, understand global economic systems, develop data driven decision making skills, create analytical solutions for economic and financial challenges
Professional alignment (accreditation)
The program follows the standards of the European Higher Education Area and the Bologna Process, ensuring internationally recognized academic qualifications and strong preparation for careers in finance, consulting, data analytics and economic policy.
Reputation (employability rankings)
IE University is known for its highly international environment and strong graduate employability, with many graduates working in global industries such as finance, consulting, technology and economic research.
At IE University, our Dual Degree in Economics & Applied Mathematics puts experiential learning at the heart of the program, so you'll build real-world skills right from year one by applying math and economics to actual challenges like economic modeling, data analysis, and digital transformation—using tools like programming languages, machine learning, and statistical software to solve problems in finance, sustainability, and tech-driven economies. You'll tackle hands-on projects that mirror professional work, from coding economic simulations to collaborating on team consulting challenges, all while getting personalized guidance to turn theory into career-ready expertise.
Here's how our facilities and opportunities make it happen::
- Programming and computational tools: Dive into Computer Programming (including for Economists), Numerical Methods, Machine Learning, and databases with data visualization—using languages and software for real economic data analysis and modeling.
- Group projects and team challenges: Join the IE Challenge in third year, where teams work on consulting projects for companies focused on sustainable development goals, plus peer tutoring and interdisciplinary collaboration like the Economic Reporting Lab.
- Internships: Customize your path with a dedicated internship in your final year, alongside electives and exchanges to gain practical industry exposure in roles like financial modeling or data science.
- Capstone and research projects: Wrap up with a Final Project (12 ECTS) and opportunities like the Economic Reporting Lab for entrepreneurial research, plus poster sessions and LaTeX for presenting scientific work.
- Specialized facilities: Access the Escuela Politécnica Superior in Segovia (50 places) and Centro de Estudios Superiores IE in Madrid (60 places), tailored for applied math and economics with resources for mathematical modeling, optimization, and concentrations in Industrial Mathematics, AI, or Financial Mathematics.
This is your chance to apply now and step into a program that launches careers as a Financial Data Analyst or Risk Management Consultant—imagine the edge you'll have!
Graduates of the Dual Degree in Economics and Applied Mathematics at IE University develop a rare combination of strong quantitative skills and economic expertise. This powerful mix prepares students for careers where data, analytics and economic strategy intersect. Many graduates move into roles such as financial data analyst, econometric analyst, risk management consultant or data scientist, working in industries like finance, consulting, technology and public policy. This blend of mathematics and economics makes graduates highly attractive to employers who need professionals capable of solving complex economic and financial problems.
• Career services that support employability: IE University’s Talent and Careers department provides career coaching, professional development workshops, networking opportunities and recruitment events such as the IE Careers Forum, helping students connect with global employers and explore career opportunities.
• Strong employment outcomes: According to IE University career reports, 95 percent of job-seeking graduates from the Class of 2024 secured employment shortly after graduation, demonstrating strong demand for IE graduates.
• Global career mobility: Around 45 percent of IE graduates work outside their home country, showing the international recognition of the university and the global opportunities available to students after graduation.
• Industry-connected learning: The program brings together professors and professionals with experience in consulting firms, financial institutions, governments and European organizations, ensuring that students learn skills directly relevant to real-world economic and financial challenges.
• Wide range of career destinations: Graduates can pursue careers in finance, economic consulting, data analytics, research, technology, sustainable development and government policy, where strong analytical and mathematical expertise is increasingly valuable.
Further Academic Progression:
After completing this dual degree, graduates can continue their studies with specialized master’s programs at IE University or other leading international universities. Popular options include postgraduate degrees in finance, economics, data science, analytics, business administration or quantitative research. These advanced programs allow students to deepen their expertise and prepare for senior roles in multinational companies, financial institutions, research organizations or international policy bodies.
Applicants must take the IE University Admissions Test, conducted in English, which evaluates verbal, logical, and numerical reasoning skills. This test helps the university assess how applicants think, analyze information, and express ideas rather than testing memorized knowledge.Instead of the IE University Admissions Test, applicants may submit recognized standardized exams such as SAT (minimum score of 1200) or ACT (minimum score of 24).The IE University Admissions Test is taken online and can be completed 24/7 at a convenient time using a personal computer with a camera, microphone, and stable internet connection.The test typically takes around 70–90 minutes (up to about two hours including instructions) and can only be taken once, so applicants should prepare carefully before starting.After submitting the application and completing the admissions test (or submitting standardized test scores), candidates must complete an online assessment that includes written and video responses.Applicants are then invited to a personal interview, where the admissions team evaluates motivation, communication skills, and critical thinking ability.Finally, the Admissions Committee reviews the applicant’s complete profile, including academic background, test results, and assessments, before making the final admission decision.International Baccalaureate (IB): IE University typically admits IB students with scores between 34 and 45, with an average admitted score of around 36, and only first exam results are considered (retake scores are not accepted).UK A-Levels: IE University typically requires at least three A-Levels with typical offers ranging from AAB to A*A*A*, and retake exam results are not accepted.GCSE and alternative qualifications: Applicants are expected to have at least five GCSEs (grade C/4 or higher), preferably A or B in relevant subjects, and may also be considered with relevant BTEC Diplomas (e.g., DD or DDM) when aligned with the chosen degree.English Language Requirement Applicants must demonstrate English proficiency with a minimum IELTS score of 7.0 recommended 7.5 or a TOEFL score of at least 100 recommended 105.Indian Senior Secondary Qualification: Applicants from India must complete the Senior Secondary School Certificate (Class 12) or CBSE equivalent with a minimum overall average of 80%.Chinese Senior Secondary Qualification: Applicants from China must obtain the Senior Middle School Graduation Certificate (Gaozhong Biye Zhengshu) with a minimum overall average of 80%, while taking the Gaokao is recommended but not mandatory.South African National Senior Certificate (NSC): Applicants from South Africa are expected to achieve at least a 75% overall average in their final three years of study and obtain the National Senior Certificate with a minimum final average of 75%.U.S. High School Diploma: Applicants are expected to have an unweighted GPA of at least 3.4/4.0 over the last three years of high school, and must submit official transcripts for Grades 10–12 to meet Spanish Ministry of Education requirements.Canadian High School Diplomas: Applicants from Canada must obtain a recognized provincial diploma with the following minimum averages: Alberta (70%), British Columbia (77%), or Ontario (73%).Quebec Pathways: Students from Quebec must either complete the Diplôme d’Études Collégiales (DEC) with at least 70% or provide transcripts for the final three years of upper secondary education including a Grade 12 equivalent year with at least 70%.French Baccalaureate Applicants are typically expected to achieve a final BAC score of 14 out of 20 or higher Mention Bien or Mention Tres Bien with the average admitted score around 15 out of 20 while the Baccalaureat professionnel is not accepted.German Abitur Applicants are expected to achieve an average of at least 10 out of 15 in semester grades during the final years and a minimum final Abitur grade of 2.3 while qualifications such as Fachhochschulreife Mittlere Realschulabschluss or Hauptschulabschluss are not accepted.financeeconomic consultingdata analysissustainable developmentFinancial Data AnalystEconometric AnalystRisk Management ConsultantFinancial Modeling SpecialistData Scientist in Economic Analysisquantitative analystfinancial data scientistrisk analysteconometricianinvestment strategistmarket research analystconsultingresearchgovernmenttechnology
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