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Economies are in a perpetual change, shaped by structural shifts and crises. For example, technological advances, particularly automation, are transforming industries and services, posing challenges to labour markets. Environmental sustainability is increasingly urgent, necessitating greater greener practices and mobilization of financial resources. Demographic changes, such as ageing populations and urbanisation, are putting pressure on healthcare and social welfare systems. Major macroeconomic imbalances and financial instability remain persistent risks, too.
Through policy interventions, and institutional adjustments, economists are at the forefront of understanding and addressing these multifaceted issues. Their analytical rigour, strategic thinking, and expertise in economic theory and quantitative methods are crucial in navigating complex business environments, driving innovation, and achieving sustainable growth. This is something the University of Luxembourg (Uni.lu) knows just as well. As one of the best young universities in the world, it has always had an eye on the future and its Bachelor in Economics programme reflects this spirit.
Offered by the Faculty of Law, Economics and Finance, this three-year qualification stands out for its holistic approach and emphasis on transcending traditional boundaries. At its core, the curriculum embraces an array of disciplines that intersect and complement one another. From politics to history, law to finance, management to geography, and marketing, among others, students are immersed in a web of knowledge that mirrors the multifaceted nature of contemporary economic challenges.
It’s this breadth that caught Tiago Carreira Dos Santos’s attention. “I chose this programme for its comprehensive approach, focusing on building strong foundations in economics and rigorous methods while offering interdisciplinary courses”.
With cohorts averaging around 100 students per year, class sizes are small. Students sharpen their critical thinking and problem-solving skills by engaging in collaborative projects and lively discussions. “Comparatively small classes also allowed for direct contact to professors who actually care about sharing their knowledge,” as highlights Alexander Sidorov, former graduate of the bachelor.
As students progress through the programme, they will have the chance to tailor their curriculum to match their interests. In the fifth semester, elective modules are introduced, offering specialised courses in law, economics, and management. Students can further mould their learning experience during their sixth semester, where they can select one of two tracks: “Finance” or “Strategy and Innovation”.
“This appealed to me as it provided a glimpse into potential paths for a master’s degree,” adds Tiago Carreira Dos Santos.
Tatiana Capar exemplifies how the Bachelor in Economics program at Uni.lu not only sparks passions and cultivates new career interests but also unlocks multiple opportunities. The solid foundation laid during her undergraduate studies inspired her to pursue an MSc in Wealth Management at none other than Uni.lu.
“The programme provided me with practical skills and knowledge applicable in the professional world,” according to Tatiana Capar. “Through summer job contracts in finance companies, I could directly apply what I learned in classes. Additionally, the bilingual nature of the programme significantly improved my English proficiency, which is crucial for both academia and the corporate world.”
The Bachelor in Economics is bilingual — 55% of instruction are in English and 45% in French, enabling students to enhance their language skills while studying economics. This extra language and specialised knowledge serve Uni.lu students well but it’s the programme’s emphasis on soft skills that make them sought-after by today’s recruiters. “The programme’s flexibility taught me time management and efficient self-study, ensuring I rarely felt left behind; and when it was the case, I always found a way to address it to the teachers, who have always been very available,” says Tatiana Capar. “I advise current and prospective students not to be too harsh on themselves and to seize mobility opportunities for intercultural skill development. I highly recommend this programme for those interested in economics, comfortable with conceptual and abstract thinking, and eager for international experiences.”
Collectively, the experience prepares students for further study and rewarding careers focused on making a positive impact. Upon completing the programme, students emerge equipped with a versatile toolkit for understanding modern socio-economic issues, with a focus on sustainability. They possess both theoretical and conceptual understanding along with practical skills, enabling them to understand human behaviour, navigate complex economic situations and analyse markets effectively.
With this well-rounded set of skills and knowledge, Uni.lu graduates are set to join higher-level studies in economics, business management, finance or related fields. Many choose to remain here, progressing to postgraduate programmes such as Master of Science in Finance and Economics, Master of Science in Quantitative Economics and Finance, Master in Wealth Management, Master in Accounting and Audit, Master in Entrepreneurship and Innovation and the Master in Logistics and Supply Chain Management. Others go on to make their mark in specialised professions in the various banking and finance segments, corporate management as well as national, regional and local government offices.
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