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5 Reasons to pursue a dual degree in economics and international relations

If you’re looking for a multidisciplinary approach with strong practical skills to prepare you to face the world´s most pressing issues, this program is the best way to start your career.

Here’s why.

  1. SOLVE TODAY’S GLOBAL CHALLENGES AND MAKE AN IMPACT IN THE WORLD

Effecting change is about making an impact on people’s everyday lives. To do so, you must understand the global economy’s complex interactions and how they’re connected to urgent global issues like technological innovation, global warming and migration. Mastering the changes that our societies are undergoing due to new developments, such as the digital economy, is of key importance in order to design innovative solutions with groundbreaking technologies and directly improve people’s lives.

Similarly, new sustainable ways of bolstering global economic growth while reducing carbon emissions can only be found through a bold strategy that includes a thorough understanding of both macro and microeconomic policies, as well as the diplomatic savvy to reach political agreements.

Furthermore, mass migrations caused by war, poverty and natural disasters present both economic risks and opportunities. These must be dealt with and seized at a local, national and international level, through evidence-based and human-centered approaches.

Topics of this nature are what you will constantly be reflecting on in the program, while gaining the necessary skills and tools to tackle them.

  1. LEARN FROM LEADING GLOBAL INSTITUTIONS

The IE School of Global and Public Affairs works in partnership with the United Nations System Staff College, in order to enhance its bachelor’s degrees through both theoretical and practical programs. Our students are taught by United Nations experts and practitioners, gaining cutting-edge insights into political, social, economic and environmental issues. They also have the opportunity to become part of many different United Nations initiatives, such as international competitions, career workshops, simulations, UN conferences and webinars, internships, research projects and many more.

This degree also forms part of many international networks of academic excellence, which bring together the top international affairs programs in the world. These include the Association of Professional Schools of International Affairs (APSIA), the European Consortium of Political Research (ECPR) and the Network of Schools of Public Policy, Affairs, and Administration (NASPAA).

  1. PREPARE FOR WORK AND ACQUIRE PRACTICAL SKILLS THROUGH OUR HANDS-ON APPROACH

Our goal is for you to get to grips with real-life challenges through our practical methodology. Throughout the program, you will take part in mock debates and simulations, attend international debates and competitions, and participate in exciting field trips.  

Additionally, you will gain expertise through our selective internship placements at a variety of institutions. By bridging the gap between theory and practice, you will acquire a broad perspective of how global issues and economic matters merge. By graduation, you’ll be in the best position possible to fully address the impact of economics on our global society.

  1. COMBINE TWO DEGREES THAT ARE NATURALLY INTERTWINED, ACADEMICALLY AND PROFESSIONALLY

Academic and practical intervention in the global economy cannot be kept separate from the field of international relations. Acquire a deep understanding of the economic forces and interests driving the interactions between nations, as well as the economic impacts of any geopolitical shift.

Mastering the interaction between economics and international relations is increasingly in demand in a wide variety of fields, including banks, private firms, governments, international organizations, consultancy firms and research centers. Urgent issues like global warming and international trade require knowledge of both disciplines, in order to analyze complex processes, anticipate potential shocks, and design and implement effective solutions.

  1. GAIN ACCESS TO A WIDE RANGE OF PROFESSIONAL OPPORTUNITIES AND HIGHLY IN-DEMAND CAREERS

Begin a five-year journey where each step brings you closer to your goal of being an expert global economist.

The first year will focus on incorporating the foundations of economics from a global perspective, followed by a second year working on your finance and data analysis skills. In your third year, you’ll gain the knowledge and skills to engage in political and diplomatic negotiations that define economic changes in society, both at a national and international level. Your fourth year will be spent learning how to design innovative, evidence-based solutions to complex public policy economic challenges. Finally, during fifth year, you will acquire the managerial skills needed to implement economic changes through multinational corporations, organizations, or development banks.

Many world leaders possess this expertise in complex global economic challenges, and this has empowered them to become change-makers. Kofi Annan, former Secretary-General of the United Nations and recipient of the Nobel Peace Prize, has a degree in economics and another in international relations, giving him the tools to build an impactful career and create the Millennium Development Goals, the first socioeconomic global agenda.

Esther Duflo, co-founder of the Poverty Action Lab and winner of the Nobel Prize in Economics, is an economist and historian who has developed an academic career focusing on alleviating global poverty, shaping the field of development economics and building knowledge for more effective social policies.

Warren Buffet, investor and one of the wealthiest people in the world, is an economist who has actively worked against income inequality, including a pledge to give all his assets to philanthropic foundations and inviting other wealthy individuals to follow his lead.

The global economic expertise built through this dual degree is a stepping stone that launches you to the forefront of world leaders’ efforts to construct a more inclusive, fair, and sustainable global economy.

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