QEM (Models and Methods of Quantitative Economics) is a two-year, 120-ECTS Erasmus Mundus Joint Master in quantitative economics, run since 2006. Université Paris 1 Panthéon-Sorbonne coordinates it with UCLouvain, UAB Barcelona, Ca’ Foscari Venice, SGH Warsaw and the University of Kansas.
Students move between two or three partner universities, take research-oriented courses in English plus local-language classes, and graduate with a joint degree recognised in each partner’s country.
Benefits & funding
- QEM offered no Erasmus Mundus scholarships to the 2024 and 2025 intakes, and the 2026–2028 round was for self-funded students only.
- Fees: €3,000 a semester (EU) or €4,500 (non-EU), non-refundable save exceptional cases.
- Admitted students may seek a Consortium scholarship covering part of tuition, a budget-dependent excellence scholarship, or an Erasmus+ mobility grant (usually €150–€500 a month).
Eligibility
- A recognised bachelor’s in economics or equivalent (three years, 180 credits), with basic training in quantitative methods.
- Undergraduate results well above average.
- Final-year students may apply if the degree is completed by 1 September of the intake year.
- English: TOEFL iBT 76, IELTS 6.0, Duolingo 110 or equivalent; waived for applicants from English-speaking countries or with an English-taught degree.
- Open to all nationalities.
Can you apply?
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Application process
- 1Apply through the QEM online portal; there is no application fee.
- 2Upload a CV with a detailed maths-course section, a statement of purpose with your preferred mobility track, transcripts, degree certificates and an English certificate.
- 3Name two referees, who upload their letters themselves; every document, letters included, is due by the 30 June deadline.
Program timeline
18 Nov 2025
2026–2028 round opened (2027 intake dates not yet published)
Application deadline
30 Jun 2026
Programme starts (24 months)
1 Sep