Responsible Center: Faculty of Economics and Business Sciences Location: Madrid - Vicalvaro
Modality: In Person Title code: 6413. Old plan 6099 Orientation: Pro
Number of ECTS Credits: 60 ECTS Duration of the Master: an academic year
Price: See table
Academic Calendar Schedule Examinations Teaching Guides Adaptations table Faculty
Academic Co-director:Prof. Dr. D. Jesús Huerta de Soto Ballester Co-Technical Director: Prof. Dr. Mr. Miguel Ángel Alonso Neira
Phone: 91 435 5980 / 91 488 77430 master's website
E-mail:
University master's information: Phone: 91 665 5060 Inquiries Mailbox
Student attention: Student Help Box Suggestions, complaints and congratulations mailbox
Basic Information
What knowledge will I acquire with this Master?
The Master's Degree in Economics of the Austrian School aims to provide students with the tools and methods of the Austrian School of Economics, as well as the knowledge to apply them to the analysis of economic problems. Throughout several months of training, the student will achieve a high degree of knowledge in the field of market processes, monetary economics, economic cycles, the evolutionary study of institutions, the analysis of interventionism, and the processes of technological innovation.
The program is made up of a core body of basic knowledge that will be the basis of an organized research period leading to the writing of an original quality paper in one of the main areas covered in the Master.
The program is not only designed to provide students, nationals and foreigners, with the necessary knowledge to carry out specialized research within Economics as a scientific discipline, but also aims to provide them with the necessary experience to develop their skills as economists. both in the public and private sectors (as entrepreneurial agents).
Is this degree official according to the regulations required by the European Higher Education Area?
Yes (final verification report is attached), starting the first course in the academic year 2009-10.
Final verification report turned out FAVORABLE
What is the minimum number of credits for which I can enroll?
You can see it in the rules of permanence in this link
Recommended income profile
Students who have possession of an official Spanish university degree or another issued by a higher education institution of the European Higher Education Area that authorizes access to Master's degrees in the country that issued the degree.
Objectives
The Master's Degree and the Doctorate Program in Economics of the Austrian School to which it supports, intend to deepen some of the basic pillars of the Strategic Plan of the Rey Juan Carlos University, specifically:
- Design a quality study and research program, taught by professionals with international recognition in the field of Economics from the Austrian School.
- Start postgraduate research, using the methodological rigor that characterizes the Austrian School of Economics, the significant number of postgraduate students who have visited the Department of Applied Economics I of the URJC in recent years, and which has given rise to a relevant number of doctoral theses defended with the highest qualification. Some of these theses have received national research awards, and most of those who are now doctors hold teaching positions at the URJC itself or at other university institutions.
- Promote the processes of theoretical and technical training necessary for the subsequent completion of a doctorate, both for national and foreign students who come primarily from higher degree degrees with training in Social Sciences and Humanities. For this reason, the three universities that promote this program have been associated.
- Promote the completion of quality doctoral theses, from a multidisciplinary perspective, -economic, political, sociological, etc.- in the broad methodological field of the Austrian School of Economics.
- Train national and foreign specialists with competence in their research areas at an international level, trained to study and develop new research projects in the field of Economic Science from the perspective of Economic Theory and the Methodology of the Austrian School of Economics.
- Establish a work program, proven internationally given the success of the Mises Institute in the United States, which in the future involves professionals from other national and foreign institutions.
- Incorporate into a systematized study program the significant number of postgraduate students, national and foreign, who in recent years have shown a growing interest in the subjects of Economics of the Austrian School, joining the doctorate in Economics of the Rey Juan Carlos University and , in particular, to the seminars taught by Professor Jesús Huerta de Soto.
The Master's program in Economics of the Austrian School aims to provide students with the methods of this School, as well as the knowledge to apply them to the analysis of economic problems.
The Master is designed not only to provide students with the necessary knowledge to carry out specialized research within Economics as a scientific discipline, but also to provide them with the necessary experience to develop their skills as experts within this field. both in the public and private sectors.
Competences
The degree will respond to the following general and specific skills.
General skills
- CG01: Ability to optimally identify, formulate and solve problems in the field of Economic Science from the perspective of Economic Theory and the methodological approach of the Austrian School.
- CG02: Ability to analyze, understand and solve economic problems based on solid foundations rooted in social, ethical and sustainability aspects
- CG03: Ability to apply the knowledge acquired in the program in the field of Economic Science, being able to prepare, transmit and discuss academic documentation in a clear and concise manner.
- CG04: Critical reasoning ability to analyze and assess different economic policy alternatives
- CG05: Ability to learn throughout life: ability to continue studying autonomously the contributions of the authors of the Austrian School.
- CG06: Creative and innovative capacity to develop new approaches that allow a better understanding of the functioning of modern economies based on the contributions of the Austrian School.
- CG07: Ability to carry out research projects.
Specific skills
- CE01: Systematic understanding of the Economy of the Austrian School, of its study methodology, of its conception of the functioning of an economic system, as well as of the solutions proposed for the resolution of the problems that affect the international economic system
- CE02: Ability to conceive, design and develop a research project with sufficient academic rigor
- CE03: Ability to develop a first original academic research, in the form of a master's thesis, under the direction of the teaching staff, as an essential first step for the development of future academic research.
- CE04: Ability to carry out a critical analysis, evaluation and synthesis of new and complex ideas in the field of Economic Science, which allow the advancement of the discipline studied
- CE05: Rationality, coherence and efficiency regarding the description and analysis of economic processes
- CE06: Ability to advise on specific situations of the economy (international, national or regional) or sectors thereof
- CE07: Ability to communicate with the academic community as a whole -to exchange and debate ideas in professional congresses- and with society in general about the areas of knowledge and fields of specialization of this postgraduate program
- CE08: Ability to carry out a critical analysis, evaluation and synthesis of new and complex ideas, which allow the advancement of the particular disciplines studied
Admission and enrollment
General access regulations and procedures
Information on access and admission of students to master's studies is available at: https://www.urjc.es/estudiar-en-la-urjc/admision/274-master
The regulations are also published in: https://www.urjc.es/estudiar-en-la-urjc/admision/274-master#normativa-de-masteres-universitarios
Criteria and procedure for admission to the degree
The general requirements for access to University Master's Degrees are, according to article 18 of Royal Decree 822/2021, of September 28, which establishes the organization of university education and the procedure for ensuring its quality, the following:
- Possession of an official Spanish Graduate or Graduate university degree or equivalent is a condition for accessing a Master's Degree, or, where appropriate, having another University Master's degree, or titles of the same level as the Spanish Bachelor's or Master's degree issued by universities and higher education institutions in an EHEA country that in that country allow access to Master's degrees.
- In the same way, people in possession of titles from educational systems that are not part of the EHEA, which are equivalent to a Bachelor's degree, will be able to access a Master's Degree in the Spanish university system, without the need for homologation of the title, but verification by of the university of the level of training that they imply, as long as in the country where said title was issued it allows access to university postgraduate level studies. In no case will access through this route imply the homologation of the previous degree held by the person concerned or its recognition for other purposes than that of carrying out the Master's degree.
- Universities will guarantee transparent and accessible information on admission procedures, and must have student orientation systems. Likewise, they will ensure that said information and admission procedures take into account students with disabilities or with specific needs, and will have appropriate support and advice services.
- Universities may exceptionally establish, based on specific regulations approved by their governing bodies, conditional enrolment procedures for access to a Master's Degree. This will consist of allowing a Bachelor's student who has not yet completed the TFG and a maximum of 9 ECTS credits to access and enrol in a Master's Degree, although in no case will they be able to obtain the Master's degree if they have not previously obtained the Bachelor's degree. Universities will guarantee priority in enrolment for students who have an official university degree of Graduate. In this procedure, credits pending recognition or transfer in the Bachelor's degree, or the requirement to pass a certain level of knowledge of a foreign language to obtain the degree, may be taken into account.
- Universities or centres will regulate admission to Master's degree courses, establishing specific requirements and, if necessary, training supplements, the credit load of which may not exceed the equivalent of 20 percent of the degree's credit load. The credits for training supplements will be considered in the same way as the rest of the credits in the Master's degree curriculum.
- Universities will reserve at least 5% of the places offered in official Master's degrees for students who have been recognised as having a disability of 33% or more, as well as for students with permanent educational support needs associated with personal circumstances of disability, who in their previous studies have required resources and support for their full educational inclusion.
ADMISSION
The Rey Juan Carlos University does not have specific admission regulations, but is governed by article 18 of Royal Decree 822/2021, of September 28. Each degree has its own general access criteria and special access tests.
Admission to the University Master's Degrees will be carried out through a selection process; In some cases, this process may involve a selection test. The Master's Management will inform interested parties what the selection test will consist of, as well as the exact date and place of completion through this application and by means of a notice via email.
GENERAL ACCESS CRITERIA:
The specific qualifications that will facilitate access to the Master are the following:
- Degree in economics
- Degree in Business Administration and Management
- Degree in Finance
- Degree in law
- Degree in Political Science and Public Management
- Degree in International Relations
- Degree in Sociology
Other degrees or official titles that include Economics, Law and Political Science subjects in their curriculum.
CONDITIONS OR SPECIAL ACCESS TESTS:
If necessary (demand exceeds the number of places available), the student's CV will be assessed, taking into account his/her professional experience, his/her projection in relation to the objectives of the master's degree, and his/her academic record, according to the following rubrics and weightings:
- Previous academic training: 30%. The suitability of the previous degree to the content of the master's degree will be assessed, giving priority to qualifications in Economics, Business Administration and Management, Finance or related disciplines. Qualifications in other areas will also be taken into account, provided that the candidate demonstrates interest and basic knowledge in economics.
- Academic record: 30%. The average of the academic record will be evaluated, taking into account the quality and relevance of the subjects taken in relation to the content and objectives of the master's degree.
- Relevant professional experience: 20%. Only experience directly related to the economic or financial field will be considered, especially in the field of research and teaching, evaluating its relevance to the objectives of the master's degree and its alignment with the approach of the Austrian School.
- Personal interview: 20%. This will allow us to assess the candidate's motivation, interest in the Austrian School of Economics, objectives and expectations. This interview will be of an academic nature, aimed at confirming the suitability of the candidate's profile to the objectives of the programme.
These assessments will be carried out by an Admission Committee, made up of:
The Director and Co-Director of the Master's Degree, also as programme teachers.
An external expert (teacher with a doctorate degree) to the program and to the URJC.
The Committee will be responsible for applying the criteria in a homogeneous manner, ensuring that the criteria are objective, public and academically relevant. Likewise, the admission criteria will be published on the official website of the master's degree so that all candidates have access to this information. Finally, the results of the evaluations will be documented, and candidates will have the right to request clarifications about their admission process if they consider it necessary.
Offer of places: 30 seats. If the minimum number of students envisaged is not reached in a course, the University may choose not to open the teaching group.
Training itinerary
Master's Teaching Guides
ACCESS TO ALL UNIVERSITY TEACHING GUIDES
Training Itinerary
Mobility programs
University Master's degrees, due to their duration and characteristics, in general do not specifically contemplate the mobility of their students. However, the Rey Juan Carlos University has different mobility programs for both students and University workers (PDI and PAS) and has procedures for collecting and analyzing information on these mobility programs.
Privacy Policy
- Academic Calendar
- Regulations governing the university master's degrees of the Rey Juan Carlos University
- Regulations for enrollment and permanence in university master's degrees at the URJC || Explanatory notes
- Academic exemption (Regulations for the Evaluation of Learning Outcomes - Title IX)
- Public prices for university master's degrees
- Exemption from the prices of official master's and doctoral studies for the sons and daughters under 25 years of age of victims of gender violence
- External Internships
- University Master's Thesis
- Review and claim of the evaluation (Regulations for the Evaluation of Learning Outcomes - Title VII)
- Acknowledgments / Adaptations of university master's degrees
- Simultaneity of URJC university master's degree studies
- Regulations of the School of Official Masters
- Addendum to the protocol for adapting teaching at the School of Official Master's Degrees
- Royal Decree 1125/2003, of September 5, which establishes the European credit system and the qualification system in official university degrees valid throughout the national territory
STUDENTS
TEACHING COORDINATION
COEXISTENCE REGIME
SCHOOL INSURANCE
ASSOCIATIONS
EVALUATION
- Regulation on the Assessment of Learning Outcomes (in force from 1 September 2024)
- Early call (Regulations on the Assessment of Learning Outcomes - Article 19)
- Article 6.1.2. The favorable resolution of the request for total cancellation of registration does not necessarily imply the refund of the amount paid by the student. To do this, the requirements established in the Article 10.3 of the present regulations.
- Article 11.3. The extension of the period of permanence will be requested through the procedure established for this purpose by the Rey Juan Carlos University in the electronic office, within the established period. The Rector may authorize the continuation of studies in those cases in which exceptional causes, duly documented, have affected the academic performance of the students., valid for that academic year (up to a maximum of one year).
- Article 11.4. In accordance with what is established by the Article 4 of these regulations, those students whose request to remain is resolved favorably will have to enroll in all the remaining subjects to complete their studies.
- Article 11.5. For subjects with an indefinite call, once the extension of the permanence period is granted, the fees corresponding to the second and successive registrations will be paid according to the corresponding Public Price Decree as long as they have been previously enrolled in that subject.
- Article 12.4. Once this is granted, the student must enroll in accordance with the provisions of the Article 4 of the present regulations.
- Article 12.5. For subjects with an indefinite call, once continuity in the University Master's studies is granted, the fees corresponding to the second and successive registrations will be paid according to the corresponding Public Price Decree as long as they have been previously enrolled in that subject.
Quality guarantee
Results report
Once the monitoring of the Master's Degree has been carried out, the most relevant quantitative information on the results obtained in the monitoring of said Degree is displayed, differentiated by academic year.
Report by course:
General information collection plan
Within the quality assurance system of the Rey Juan Carlos University, the following surveys are planned:
- Student profile
- Teacher evaluation
- Degree of satisfaction:
- Of the students
- of the graduates
- From the Faculty
- Administration and Services Staff
- Labor insertion
- External internships:
- Satisfaction of interns
- External tutor satisfaction
- Employer satisfaction
Survey results:
Improvement actions
The Quality Assurance System of the Rey Juan Carlos University establishes that the degree's Quality Assurance Commission will annually analyze the information derived from the degree's indicators and prepare a report that will include improvement plans if the results so indicate.
- Improvement actions 2023 / 2024
- Improvement actions 2022 / 2023
- Improvement actions 2021 / 2022
- Improvement actions 2020 / 2021
- Improvement actions 2019 / 2020
- Improvement actions 2018 / 2019
- Improvement actions 2017 / 2018
- Improvement actions 2016 / 2017
- Improvement actions 2015 / 2016
- Improvement actions 2014 / 2015
- Improvement actions 2013 / 2014
- Improvement actions 2011 / 2012
- Improvement actions 2010 / 2011
- Improvement actions 2009 / 2010
Renewal of accreditation
The renewal of the accreditation represents the culmination of the implementation process of the official Bachelor's and Master's degrees registered in the Register of Universities, Centers and Degrees (RUCT). The renewal of the accreditation of official bachelor's and master's degrees is organized in three phases: self-assessment report, external visit and final assessment.
In the first phase, the university describes and assesses the status of the degree with respect to the established criteria and guidelines. The result is the Self-Assessment Report (IA) that is presented. The second and third phases are carried out by a group of evaluators external to the evaluated title.”