Dual Degree in Economics & Applied Mathematics

5 Years On Campus Dual-bachelors Program

IE University

Program Overview

The Dual Degree in Economics & Applied Mathematics at IE University combines the analytical strength of mathematics with the practical understanding of economics, preparing students to tackle complex challenges in areas such as finance, technology, business, and public policy. This programme is ideal for students who enjoy problem-solving, data analysis, and understanding how mathematical models can be used to make better economic decisions.

Throughout the programme, students develop advanced skills in mathematical modelling, programming, economics, statistics, and data analysis while gaining a broader perspective on how these fields connect in the real world. With practical projects, international opportunities, and industry-focused learning, students graduate with a versatile skill set suited for a wide range of global careers.

Curriculum Structure

First Year

The first year introduces students to the fundamental concepts of both economics and applied mathematics. Students study subjects such as Calculus, Linear Algebra, Discrete Mathematics, Computer Programming, Microeconomics, Macroeconomics, Economic History, International Trade and Monetary Systems, and Probability and Statistics, building strong analytical and quantitative foundations.

Second Year

In the second year, students expand their knowledge through more advanced mathematical and economic concepts. Courses such as Geometry, Ordinary Differential Equations, Numerical Methods, Statistical Modeling, Databases, Data Visualization, Machine Learning, Industrial Organization and Strategy, Public Economics & Political Economy, and Digital Ecosystems and Platforms help students understand how mathematics and technology influence modern economic systems.

Third Year

The third year focuses on applying mathematical techniques to solve economic and business challenges. Students explore areas including Optimization, Numerical Linear Algebra, Corporate Finance, Institutional Economics, Labor Economics, Digitalization & AI, Financial Economics & Accounting, Blockchain & Cryptocurrency, and Environmental Economics, developing the ability to analyze markets, financial systems, and emerging economic trends.

Fourth Year

During the fourth year, students study advanced topics that combine computation, mathematics, and economics. Modules such as Algorithms, Partial Differential Equations, Nonlinear Dynamics, Deep Learning, Bayesian Statistics & Stochastic Processes, Behavioral Economics, Finance & Decision Making, Capital Markets, and Microeconometrics help students develop skills for handling complex data-driven problems and strategic decisions.

Fifth Year

In the final year, students personalize their learning through elective courses based on their interests and career goals. They complete internships or international experiences and work on their Final and Capstone Projects, applying their combined knowledge of economics and applied mathematics to real-world challenges.

Focus Areas

Economics, Applied Mathematics, Mathematical Modelling, Data Analytics, Econometrics, Machine Learning, Artificial Intelligence, Financial Mathematics, Statistics, Computational Methods, Programming, Economic Policy, and Digital Transformation.

Learning Outcomes

Graduates develop strong analytical, mathematical, and economic skills that allow them to evaluate complex problems and create data-driven solutions. They gain expertise in modelling, programming, statistics, and economic analysis, preparing them to work across industries such as finance, technology, consulting, research, and government.

Professional Alignment (Accreditation)

The programme prepares students for careers such as Financial Data Analyst, Econometric Analyst, Risk Management Consultant, Data Scientist, Financial Modelling Specialist, and Economic Analyst. Through practical projects, internships, international exposure, and IE University’s professional network, students gain valuable experience that supports their career development.

Reputation (Employability Rankings)

IE University is internationally recognized for its strong focus on employability, entrepreneurship, and industry connections. Its practical approach to education and global business network help graduates develop skills that are highly valued by employers worldwide.

Experiential Learning (Research, Projects, Internships etc.)

At IE University, the Dual Degree in Economics & Applied Mathematics offers students a unique opportunity to blend theoretical knowledge with practical skills, preparing them for a dynamic career in today’s data-driven world. The program emphasizes experiential learning, allowing students to engage in real-world projects, collaborate with peers, and utilize cutting-edge tools and facilities. This hands-on approach not only enhances understanding but also equips students with the skills needed to tackle complex economic and mathematical challenges.

Here are some key aspects of the experiential learning opportunities available in this program:

- Group Projects: Collaborate with fellow students on interdisciplinary projects that simulate real-world economic and mathematical problems, fostering teamwork and communication skills.

- Internships: Gain valuable work experience through internships with leading companies and organizations, providing insights into the practical applications of your studies.

- Digital Tools: Utilize advanced software such as R, Python, and MATLAB for data analysis and modeling, essential for both economics and applied mathematics.

- Field Trips: Participate in field trips to financial institutions, tech companies, and research centers, allowing you to see firsthand how theoretical concepts are applied in practice.

- Research Laboratories: Access dedicated research labs equipped with the latest technology, where you can conduct experiments and work on innovative projects under the guidance of faculty.

- Libraries and Resources: Benefit from extensive library resources, including access to academic journals, databases, and research materials that support your studies and projects.

- Institutes and Centers: Engage with specialized institutes at IE University that focus on economics and data science, providing additional learning opportunities and networking.

These experiential learning components are designed to ensure that you not only understand the concepts but can also apply them effectively in real-world scenarios. By choosing the Dual Degree in Economics & Applied Mathematics at IE University, you are setting yourself up for a successful and impactful career.

Progression & Future Opportunities

Pursuing a Dual Degree in Economics & Applied Mathematics at IE University opens up a world of opportunities for graduates. With a strong foundation in both theoretical and practical aspects of these fields, students are well-prepared for a variety of high-demand roles. Typical job positions include Data Analyst, Financial Consultant, Economic Researcher, and Quantitative Analyst.

Here’s how IE University supports your journey towards a successful career:

- Career Services: The university offers personalized career counseling, workshops, and networking events to connect students with industry professionals.
- Employment Statistics: Over 90% of graduates find employment within six months of graduation, with average starting salaries around €40,000 per year.
- University–Industry Partnerships: IE University collaborates with leading companies such as Deloitte, Accenture, and Banco Santander, providing students with internship opportunities and real-world projects.
- Long-term Accreditation Value: The dual degree is recognized globally, enhancing your employability and credibility in the job market.
- Graduation Outcomes: Graduates have gone on to work in prestigious organizations and have a strong track record of career advancement.

Further Academic Progression: After completing the Dual Degree, students can pursue advanced studies such as a Master’s in Economics, a Master’s in Data Science, or even an MBA. This further education can deepen your expertise and expand your career prospects, allowing you to specialize in areas like financial engineering, economic policy, or analytics.

Choosing this dual degree not only equips you with essential skills but also positions you for a successful and fulfilling career.