Comments (12)

• John

  Hopefully it's better than the program at NYU which is 100% math and mainstream unless you take classes by Paganelli, Rizzo, or Harper.

  Published: June 28, 2007 12:54 PM

• Anthony

  Excellent. I might take up the opportunity to do this course, then finish with a PHD in the US at George Mason.

  Published: June 28, 2007 4:54 PM

• miller888sd

  Anthony, I am right behind you.

  But are these courses taught in English? Are American students encouraged to apply? Where can one find information in English on this program?

  Published: June 28, 2007 5:29 PM

• Anthony

  If you look around on this site, Walter Block has compiled a list of universities that offer Austrian courses. The university in question is one of them. MA programmes tend to be geared towards international students, and thus might be in English. Even if I have to learn Spanish though, it's worth the sacrifice.

  Published: June 29, 2007 3:38 AM

• carlos

  Hala!! Eso es exactamente lo que necesita la sociedad española. La mayoria de la gente en Madrid tiene muchas ideas socialistas y obviamente no entienden lo que es el mercado libre.

  Published: June 30, 2007 9:28 AM

• carlos

  I have been living in Madrid for almost three years already and speak Spanish fluently although this type of academic Spanish would be challenging. I've also been enamored with Austrian economics for quite a while. This program seems to be designed for me. I've looked at the program on the Rey Juan Carlos website and the content of the master's is awesome. Furthermore, it's quite affordable 180 credits at about 22€ each. So here's my next question. What doors would this master's possibly open. Would it be similar to a master's in the humanities or would there be some other opportunities elsewhere. I'd love to do this master's but for the time and effort I need to know that there is some kind of return on it. If somebody can tell me what US grad students in similar programs do afterwards that would be greatly appreciated.
  

  Published: July 2, 2007 6:40 AM

• MJ

  Carlos, if you have a masters degree in economics, you probably can get a good job anywhere, if you can not get one in the US try London, Dublin or Sydney as most countries let people in with higher degrees under 'higher skills visas.'Besides with a masters degree in real economics, you will actually know what is really going in the economy, the investment world pays a premium for this.

  I have a question for you Carlos, as it seems that you are fluent in Spanish, please, if you click on the "MÁSTER OFICIAL EN ECONOMÍA DE LA ESCUELA AUSTRIACA" link above it says "Créditos: 60 ECTS" Now does this mean the that the University will recognise 60 credits from international universities or just from European Universities? Have you noticed that some of the other economics masters offered allow 120 Créditos and you might still be able to do a pile of Jesus Huerta de Soto's classes as electives?
  All the best
  Matt

  Published: July 3, 2007 5:52 AM

• carlos

  thanks for your opinion matt.
  
  i've given it a second look and the program consists of 60 ects not 180. that's what 'Créditos: 60 ECTS' is referring to. they're asking for you to hold a licenciado, ingeiero, diplomado or the equivalent, which is a BA and if not you must have completed a minimum of 180 ects to gain admission.

  Published: July 3, 2007 7:14 AM

• MJ

  Thanks Carlos,
  I have some more questions for you, seeing that you can read the text and I can only understand every 4th word, how much would it cost in Euros for an International Student (ie I'm a New Zealander)? Because in most countries part of the University degree is subsidised by the government and foreigners have to pay the full cost, as you said above it is 22 Euros per credit, where's it say this? I thought it says that the course is 120 Créditos? I looked up ECTS on google and it is the European Credit Transfer System, which claims that 60 Credits is the equivalent of a full years university study, so can you please find out how long the course runs for because by my calculations that could be a two year course. But if it is only 60 Credits times 22 Euros, credits = a very cheap masters course (E 1,320)!! It looks a good course as does the Finance course, but is it in English or Spanish, looks like Spanish to me?
  Many thanks
  Matt

  Published: July 3, 2007 6:45 PM

• MJ

  Sorry my mistake Carlos, the course offered in Austrian economics is only 60 credits (1 year), the course listed above it is 120 credits (2 years). But I still wouldn't mind finding out the cost of de Soto's course for international students.
  Matt

  Published: July 3, 2007 11:43 PM

• Daniel

  Hi from Madrid,

  I have been attending Huerta de Soto's classes for one year and I am applying for the M.A. in Austrian Economics, which starts in October.

  The program runs for one academic year (October to June) and all courses are taught in Spanish. The content is 100% austrian and the price is 1300€.

  If you look at http://www.urjc.es/z_files/ae_estudi/ae01/programas_postgrado/folletos_vicalvaro/economia%20austriaca.pdf

  there is a paragraph where it explains what foreign students need to do in order to apply for the program. Doesn't say the price is different, so it should be 1300€, too. Just guessing, though.

  It's all in Spanish, but there is an email address where you can ask for more information.

  I want to study this M.A. before the "socialists of all parties" in our regional and national Governments find out and kill the program. Oddly enough, it is a State-run university that offers it.

  Good luck,

  Daniel

  Published: July 8, 2007 1:34 PM

• van den Hauwe

  The truly important question interested individuals should be concerned about relates to the possible professional outlets after getting the Master´s degree, perhaps followed by the Ph.D. degree in Austrian economics. What´s a Ph.D. in Austrian economics worth, besides being a purely honorific degree?
  Note that there are not even any statistics or econometrics courses in this program. This may jeopardize these individuals´ chances of getting a suitable job in the economics field after getting a degree like this...
  

  Published: November 29, 2007 4:46 AM