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History of Global Markets (MA)


Which megatrends and dynamics have changed the economy in the past - and what conclusions can we draw from them for the future? What do rises, crises and declines teach us? Our master’s programme examines the history of global markets and draws crucial lessons for shaping the future. To do so, it brings together economics, business administration, history, social and political sciences as an interdisciplinary subject. The economic history focus is on global history, corporate history and consumer history. The versatility of the degree programme opens up a wide range of careers: Business journalism, foundation management, corporate communications or tasks in international organisations are just a few examples. As the degree programme contributes to the renowned Erasmus Mundus master’s programme "Global Markets, Local Creativities (GLOCAL)", you will learn in an international atmosphere with students from a wide range of countries. The programme is open to anyone with a Bachelor's degree in Economic and Social History, Modern and Contemporary History, Economics, Business Administration, Sociology, Political Science or a related field.

History of Global Markets
Master of Arts (MA)
Multiple Degree
Standard period of study:
4 semesters
summer and winter semester
Language of the programme:
restricted application and admission procedures

Get to know us

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Orientation week

For first semester students

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Information day

Master's degrees at our faculty


To draw insights from the past, our master’s programme brings together economics and historical research, social and political sciences. In terms of methods, it goes beyond economic models and also uses qualitative and empirical methods. You will learn to analyse historical data, identify patterns, and comprehend complex relationships. Furthermore, you will also acquire the competence to distill these connections and communicate them effectively. This multifaceted approach allows you to gain deep insights into the dynamic interactions between markets and societies. This gives you skills that prepare you for a wide range of careers - such as research, education, journalism, cultural management, consulting, politics and more.

In our degree programme, you'll meet fellow students from various countries and academic backgrounds. After all, it is integrated into the prestigious Erasmus Mundus master's programme 'Global Markets, Local Creativities' (GLOCAL). Erasmus Mundus Joint Masters are international master's programmes jointly designed and conducted by at least three European universities. Therefore, the programme can be studied entirely in either German or English. The global networks you build here will be invaluable even after your studies.

Proficiency in German or English is required. A good knowledge of both English and German is recommended.

The career opportunities for graduates of economic and social history programmes are diverse. These include subject-related jobs in publishing houses, in archives and museums of companies as well as private or public institutions. The degrees also serve as a first step towards entering the professional fields of foundation management, business journalism, university management, public relations, management consultancy or marketing.

The practical relevance of the subject is established through internships and project work, which are offered in cooperation with companies, museums, foundations and scientific research institutions and thus directly prepare students for their later professional careers.

Get to know the different professional fields of our graduates in the alumni portraits (in German).

Related and consecutive/graduate programmes


The objective of the master's programme is the systematic, in-depth study of the subject of economic and social history. The curriculum consists of a "convergence area" (18 credits), a "compulsory area" of economic and social history (30 credits), an "elective area history of global markets" (12 credits) and, finally, a "profile area" (30 credits). In addition, students have to write a master's thesis within a period of 20 weeks. The written master's thesis (30 credits) is prepared by participating in a project seminar (6 credits, part of the compulsory area).

In the convergence area, the students´ different backgrounds and qualifications will be taken into account: graduates of Bachelor programmes in history will attend basic courses economics, while graduates with Bachelor degrees in economics will attend courses with a historical emphasis.

Specialisation takes place within the "profile area" by developing theoretical and methodological profiles in conjunction with other disciplines that are closely related to economic and social history. Students with an "Economy & Institutions" profile will focus on (macro) economics modules. Students with a "Business & Management" profile will concentrate on business management modules and students with the "Society & Culture" profile will place their focus on historical and sociological modules. Students in the "Globalization" profile, finally, will work closely with area specialists for economic development in Asia and other regions outside Europe.

Detailed information about the study programme as well as a detailed listing of the modules/courses offered can be found on the programme website of the Faculty of Business and Economics.

Recommended course of studies

Module directory



Application deadlines

  • April 1 to May 15 to commence studies in the winter semester (October)
  • October 1 to November 15 to commence studies in the summer semester (April)
You can start this degree programme in either the winter or summer semester.

Previous Education

  • A minimum of six semesters of study culminating in a bachelor’s degree or an equivalent course of study with a minimum of 180 ECTS credits in the subject of economics or a closely related subject.
  • Applicants must have completed at least 150 of the 180 ECTS credits at the time of application. Unfortunately, we cannot consider applications that do not meet this requirement.

Previous Education

  • German language skills, if German is not your native language.
  • Proof of German language skills is not required for applicants whose native language is English or who have sufficient knowledge of English.


Specialization in 8 master's programmes

After the bachelor's degree you can deepen and expand your knowledge in eight consecutive master's programmes at the faculty. We offer Master's programmes in Business Administration, Economics, Business Information Systems, Business and Human Resource Education, Applied Statistics and History of Global Markets. Some master’s programmes even include a double degree programme with renowned universities in Europe, South Africa and China. See in the video (in German) why it is worthwhile to study in Göttingen.

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