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Mestrado emApplied Econometrics and Forecasting

Your future is closer than you think. Take a glance at it by applying to ISEG’s Masters in Applied Econometrics and Forecasting, a postgraduate course aimed, above all, at those who intend to go beyond the boundaries of common knowledge.

The Masters in Applied Econometrics and Forecasting, created in 2002, is specifically designed for professionals who know the importance of always keeping up-to-date and recent graduates looking to acquire some technical expertise.

4 semesters
Semester 1 and 2: Daytime Classes
Semester 3: Evening Classes
Taught in
Numerus Clausus
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Top reasons to do the Master’s in Applied Econometrics and Forecasting


A master’s degree with unique features in Portugal. The only one where the core area is Econometrics.


ISEG pioneered the teaching of Econometrics more than 50 years ago, thus having a long tradition in teaching the subject.


The Masters in Applied Econometrics and Forecasting develops skills to integrate theoretical and empirical knowledge, critically and creatively, and familiarise students with various IT programs for quantitative analysis.


The Masters in Applied Econometrics and Forecasting faculty has carried out internationally recognised research with publications in the most highly ranked Econometrics and Statistics journals


The winner of the Bank of Portugal prize for Best Dissertation using Portuguese data (in 2017 and 2018) is a graduate of the Masters in Applied Econometrics and Forecasting.


Designed for specialised staff of financial institutions, companies, and other public and private organisations that use the analysis and processing of data as a support for decision-making.

10 things you’ll gain by joining ISEG

An outstanding faculty and benchmark research centres are responsible for placing ISEG at the forefront of Economics, Management and Finance.
Top 10 Reasons

The Next Step in Your Career

Your partner in achieving your career goals. Our consultants guarantee you all the necessary support, helping you prepare for your job search or find an internship.
Career Office

Broaden your horizons.

Our mobility programs allow students to explore any part of the world while studying abroad for a semester.
International Mobility Office

Programme Details


Year 1 – Semester 1Credits
Time Series7
Statistical Inference Topics7
Option I
 Data Platforms for Analytics
Corporate Investment Appraisal
Data and Database Management
Programming Techniques
Models in Finance
Finance and Financial Reporting

Year 1 – Semester 2Credits
Macroeconometrics I8
Microeconometrics I8
Financial Time Series8
Spatial Econometrics 6
Year 2 – Semester 1Credits
Macroeconometrics II6
Microeconometrics II6
Option II
 Big Data
History of Economic Thought
Financial Markets and Investments
Masters Final Work – MFW
Year 2 – Semester 2Credits
Masters Final Work – MFW

See the description of each Curricular Units here.

4 semesters
Semester 1 and 2: Daytime Classes
Semester 3: Evening Classes
Taught in
Numerus Clausus
Precisa de alguma ajuda?
Por favor, envie-nos um e-mail para

Admissions & Fees

Applications for all masters at ISEG are online.

Admissions Requirements

Candidates for the Master in Applied Econometrics and Forecasting are:

  • Students with a degree in Economics, Management, Finance, Mathematics, Statistics or Engineering. Requires a solid knowledge on Econometrics and Statistics. Degrees in other areas may be considered suitable.
  • In accordance with Article 17 d) of Decree-Law No. 74/2006 of the 24th of March, altered and republished as Decree-Law No. 65/2018 of the 16th August, other applications considered to be appropriate by the selection panel will be evaluated on the basis of a curricular analysis.
  • Those students who have not yet completed the 1st Study Cycle (Bachelors) are eligible to apply conditionally, provided that they satisfy the conditions for obtaining the degree by the end of September (of the same academic year as their application).

Ranking and Selection Criteria

The Master’s Scientific Comission will attribute a classification grade (calculated as described in the following section) to the students that meet the pre-requisites based on both their final grades of the 1st Cycle and he curricular analysis.


1. Criteria: weights, scales and minimum values

CriteriaScaleWeightingMinimum value (1) (3)Minimum value for students in MAEG (2)
a) Final grade of graduation or similar10-2050%1312
b) Quality of the university (see #2)7-2022.5%
c) Average of the grades in course units involving quantitative methods, with a bonus of 20%10-2022.5%12
d) Professional experience in areas relevant to the Masters/Other master title (see #7)10-205%
e) Motivation letter and overall profile of the candidate (see #8)-1.0-1.0 (4)0

1) Graduation in Economics, Finance or similar.
2) Graduation in Mathematics Applied to Economics and Managemenet.
3) In exceptional cases, the Scientific Comission of the Masters Programme may accept a student that does not satisfy the criteria of d) and e).
4) Value added to the final grade of criteria a), b), c) and d).

2. The quality of the university is based on the global ranking

1 – 150020
1501 – 300015
3001 – 400010
4001 – 50009
5001 – 60008
> 60017

3. Students with a grade higher than 15 points may be accepted in advance of the ranking.

Application Documents

  • Certificate of the undergraduate degree
  • Curriculum Vitae
  • Motivation Letter
  • English Diploma (optional)
  • Reference Letter (optional)

All candidates should have an excellent command of the English language, written and spoken.

Tuition Fee

These are provisional tuition fees for 2024/25, subject to confirmation by the Universidade de Lisboa statutory bodies.

Students fromFirst YearSecond YearTotal
Within the European Union€ 3,100  € 2,000   € 5,100
Outside the European Union    € 3,900€ 2,500 € 6,400

Financial restrictions should never come in the way of your access to higher education, and that is why we believe in providing equal opportunities for everyone.

A specific tuition fee payment schedule may be agreed upon request by the student.

Student Visa

If you are not an EU, EEA, or Swiss citizen, you need a Student VISA.
Once you have decided to join the master’s programme and paid the 1st tuition fee to secure your place, you can issue the acceptance letter on the FENIX Portal. This document will be needed later to apply for a Student Visa. The student visa must be requested at the nearest Portuguese Embassy or Consular Office in the country of origin.

4 semesters
Semester 1 and 2: Daytime Classes
Semester 3: Evening Classes
Taught in
Numerus Clausus
Precisa de alguma ajuda?
Por favor, envie-nos um e-mail para
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