Overview
The Erasmus Mundus Master Course in Economic Development and Growth-MEDEG is a full-time masters programme organized by a consortium including three top-class European Universities:
Universidad Carlos III Madrid - Spain (coordinating institution) University of Warwick – United Kingdom University of Lund - Sweden
MEDEG lasts two academic years, includes 120 ECTS (60 ECTS/year), and consists of 14 or 16 course modules (depending on the two different mobility schemes available) delivered through a combination of lectures, classes, tutorials and essay writing with individual supervisors. Another key component of the programme are a 8.000-word research dissertations to be written at the end of the first year and a 15.000-word dissertation to be written at the of the second year, on subjects chosen by students in consultation with supervisors.
Students are mandatorily required to study in two different universities of the consortium. In each university, they have to remain for one year and complete 60 ECTS. More specifically, the possible combinations are:
(A) Warwick (1st year) – Lund (2nd year)
(B) Carlos III Madrid (1st year) – Lund (2nd year)
The Erasmus Mundus Master course in “Economic Development and Growth (MEDEG)” has four main objectives:
- to educate an innovative generation of analysts, researchers and professionals in the field of economic development and growth;
- to create a high-quality European master programme able to compete in the international market for higher education as a reference centre for research and professional training in the field of economic development and growth;
- to institutionalize the mobility and interaction of students and scholars across Europe and with Third-Countries;
- to contribute to European education’s excellence and competitiveness at international level within the European Higher Education system.
MEDEG combines the complementary expertise existing at three leading European Universities into a common platform of graduate education and training. This objective is pursued within the guidelines of the Bologna process and aims to contribute to the development of the European Higher Education Area.
The MEDEG gives students with high academic and professional potential, coming both from the EU and Third-countries, the opportunity to specialize in an exciting area of economic studies and spend two years in an international academic environment oriented towards the promotion of research and teaching excellence.
How to apply
The application procedure is managed by the MEDEG Central Administration Office at Universidad Carlos III Madrid. Application forms and related documents must be sent in electronic format (preferably in pdf) to the following email address: medeg2011@ceaes.uc3m.es
Selection process
In the selection process, the committee will take into account the following criteria and relative weights in order to score applicants:
(1) study record (Bachelor Degree’s and exam scores) – 25%
(2) quality of the home university (assessed on the base of national, international and/or internal rankings in the area of Economics; if no ranking is available, the selection committee will research the applicant’s origin department and devise its own ranking) – 15%
(3) language skills – 20% (for students who are required to provide a certificate of language proficiency, scores will be given ONLY if they are able to include the certificate by the MEDEG application deadline; students taking language tests/exams after the deadline will receive a provisional score)
(4) references – 10%
(5) motivation – 10%
(6) other studies in the field, particularly the attendance of additional training courses, and other academic quality tests (GRE, GMAT), if properly certified – 10%
(7) other professional and research experience consistent with the master’s objectives – 10%.
Scholarships
A number of Erasmus Mundus scholarships are offered to MEDEG students based on the criteria specified in the ERASMUS MUNDUS 2009-2013 Programme Guide
http://ec.europa.eu/education/external-relation-programmes/doc/call09/guide_en.pdf
10 (ten) Category A scholarships for students citizens of a Third country (with the exception of Turkey and Western Balkans) and who are not residents nor have carried out their main activity (studies, work, etc.) in any European country (as defined above) for more than a total of 12 months over the last 5 years at the time of application (ie. from December 1st, 2005, to November 30th, 2010).
2 (two) Category A scholarships for students citizens of countries belonging to the so-called “Western Balkans and Turkey Window” and who are not residents nor have carried out their main activity (studies, work, etc.) in any European country (as defined above) for more than a total of 12 months over the last 5 years at the time of application (ie. from December 1st, 2005, to November 30th, 2010).
8 (eight) Category B scholarships for students citizens of member states of the European Union, EEA-EFTA states, and Switzerland, as well as to all non-European students who do not meet the Category A criteria as defined above.
The value of the scholarships for the entire duration of the programme (two academic years) is
Up to € 48 000 for Category A scholarships;
Up to € 20 000 for Category B scholarships.
Category A Scholarships include:
€ 8 000 as a lump sum contribution to travel, installation and other mobility costs;
€ 4 000/semester (8 000/year) as a contribution to participation costs (tuition fees + insurance costs)
€ 1 000/month (12 000/year) as monthly allowance.
Category B scholarships include:
€ 2 000/semester (4 000/year) as a contribution to participation costs (tuition fees + insurance costs)
€ 500/month (6 000/year) as monthly allowance
NO contribution to travel, installation and mobility costs is provided under Category B.
From these total amounts, the MEDEG consortium will deduct an amount equivalent to participation costs (tuition fee + insurance costs) on the basis of a written agreement whereby the student authorizes MEDEG to collect these sum. The deducted amounts will be:
€ 8 000 per academic year (16 000 total for two years) for Category A scholarship recipients; this amount covers 100% of the participation costs, which include tuition fees for € 8 000 per academic year (16 000 total for two years) and insurance costs;
€ 4 000 per academic year (8 000 total for two years) for Category B scholarship recipients; this amount covers ONLY PART of the participation costs (tuition fee set for European students at € 6 000 per academic year (12 000 total for two years) and insurance costs. Recipients of Category B Scholarships will therefore be required to cover the difference between participation costs (fee + insurance) and the contribution received from the scholarship by using their personal funds.
Applicants who wish to be considered for an Erasmus Mundus scholarship will need to indicate this explicitly in the application form. No separate funding application is required.
Scholarship applicants will however have to provide all relevant information for the consortium to determine scholarship category, particularly detailed information on citizenship and residence in the past five years. Failure to comply with this requirement will imply the exclusion of the applicant from the selection for scholarships (but not from the selection for admission).
Applicants wishing to be considered for an Erasmus Mundus scholarship may apply for no more than two other Erasmus Mundus programmes in addition to MEDEG. In case a student applies to more than three EM programmes he/she will be excluded from the selection for an Erasmus Mundus Scholarship. The EACEA will scrutinize all scholarships applications in order to guarantee that this rule is observed.
Please note that the EACEA’s directives impose that no more than 2 (two) students selected for scholarships should have the same nationality.
Students who have already benefited from an Erasmus Mundus Scholarship in the past are NOT ELIGIBLE.
Students from Third-countries who have carried out their activities (study, work, etc.) for more than a total of 12 months over the last five years in any of the EU, EFTA/EEA countries or Switzerland are EXCLUDED from Category A Scholarships and are ELIGIBLE ONLY for Category B Scholarships.
In case of double nationality (EU + non-EU), the non-EU nationality determines eligibility for a scholarship.
For further information on Erasmus Mundus: http://eacea.ec.europa.eu/erasmus_mundus/tools/faq_en.php
Enquiries and information:
MEDEG-Erasmus Mundus Master in Economic Development and Growth
medeg@ceaes.uc3m.es
Please kindly mention Scholarization.blogspot.com when applying for this scholarship
The Erasmus Mundus Master Course in Economic Development and Growth-MEDEG is a full-time masters programme organized by a consortium including three top-class European Universities:
Universidad Carlos III Madrid - Spain (coordinating institution) University of Warwick – United Kingdom University of Lund - Sweden
MEDEG lasts two academic years, includes 120 ECTS (60 ECTS/year), and consists of 14 or 16 course modules (depending on the two different mobility schemes available) delivered through a combination of lectures, classes, tutorials and essay writing with individual supervisors. Another key component of the programme are a 8.000-word research dissertations to be written at the end of the first year and a 15.000-word dissertation to be written at the of the second year, on subjects chosen by students in consultation with supervisors.
Students are mandatorily required to study in two different universities of the consortium. In each university, they have to remain for one year and complete 60 ECTS. More specifically, the possible combinations are:
(A) Warwick (1st year) – Lund (2nd year)
(B) Carlos III Madrid (1st year) – Lund (2nd year)
The Erasmus Mundus Master course in “Economic Development and Growth (MEDEG)” has four main objectives:
- to educate an innovative generation of analysts, researchers and professionals in the field of economic development and growth;
- to create a high-quality European master programme able to compete in the international market for higher education as a reference centre for research and professional training in the field of economic development and growth;
- to institutionalize the mobility and interaction of students and scholars across Europe and with Third-Countries;
- to contribute to European education’s excellence and competitiveness at international level within the European Higher Education system.
MEDEG combines the complementary expertise existing at three leading European Universities into a common platform of graduate education and training. This objective is pursued within the guidelines of the Bologna process and aims to contribute to the development of the European Higher Education Area.
The MEDEG gives students with high academic and professional potential, coming both from the EU and Third-countries, the opportunity to specialize in an exciting area of economic studies and spend two years in an international academic environment oriented towards the promotion of research and teaching excellence.
How to apply
The application procedure is managed by the MEDEG Central Administration Office at Universidad Carlos III Madrid. Application forms and related documents must be sent in electronic format (preferably in pdf) to the following email address: medeg2011@ceaes.uc3m.es
Selection process
In the selection process, the committee will take into account the following criteria and relative weights in order to score applicants:
(1) study record (Bachelor Degree’s and exam scores) – 25%
(2) quality of the home university (assessed on the base of national, international and/or internal rankings in the area of Economics; if no ranking is available, the selection committee will research the applicant’s origin department and devise its own ranking) – 15%
(3) language skills – 20% (for students who are required to provide a certificate of language proficiency, scores will be given ONLY if they are able to include the certificate by the MEDEG application deadline; students taking language tests/exams after the deadline will receive a provisional score)
(4) references – 10%
(5) motivation – 10%
(6) other studies in the field, particularly the attendance of additional training courses, and other academic quality tests (GRE, GMAT), if properly certified – 10%
(7) other professional and research experience consistent with the master’s objectives – 10%.
Scholarships
A number of Erasmus Mundus scholarships are offered to MEDEG students based on the criteria specified in the ERASMUS MUNDUS 2009-2013 Programme Guide
http://ec.europa.eu/education/external-relation-programmes/doc/call09/guide_en.pdf
10 (ten) Category A scholarships for students citizens of a Third country (with the exception of Turkey and Western Balkans) and who are not residents nor have carried out their main activity (studies, work, etc.) in any European country (as defined above) for more than a total of 12 months over the last 5 years at the time of application (ie. from December 1st, 2005, to November 30th, 2010).
2 (two) Category A scholarships for students citizens of countries belonging to the so-called “Western Balkans and Turkey Window” and who are not residents nor have carried out their main activity (studies, work, etc.) in any European country (as defined above) for more than a total of 12 months over the last 5 years at the time of application (ie. from December 1st, 2005, to November 30th, 2010).
8 (eight) Category B scholarships for students citizens of member states of the European Union, EEA-EFTA states, and Switzerland, as well as to all non-European students who do not meet the Category A criteria as defined above.
The value of the scholarships for the entire duration of the programme (two academic years) is
Up to € 48 000 for Category A scholarships;
Up to € 20 000 for Category B scholarships.
Category A Scholarships include:
€ 8 000 as a lump sum contribution to travel, installation and other mobility costs;
€ 4 000/semester (8 000/year) as a contribution to participation costs (tuition fees + insurance costs)
€ 1 000/month (12 000/year) as monthly allowance.
Category B scholarships include:
€ 2 000/semester (4 000/year) as a contribution to participation costs (tuition fees + insurance costs)
€ 500/month (6 000/year) as monthly allowance
NO contribution to travel, installation and mobility costs is provided under Category B.
From these total amounts, the MEDEG consortium will deduct an amount equivalent to participation costs (tuition fee + insurance costs) on the basis of a written agreement whereby the student authorizes MEDEG to collect these sum. The deducted amounts will be:
€ 8 000 per academic year (16 000 total for two years) for Category A scholarship recipients; this amount covers 100% of the participation costs, which include tuition fees for € 8 000 per academic year (16 000 total for two years) and insurance costs;
€ 4 000 per academic year (8 000 total for two years) for Category B scholarship recipients; this amount covers ONLY PART of the participation costs (tuition fee set for European students at € 6 000 per academic year (12 000 total for two years) and insurance costs. Recipients of Category B Scholarships will therefore be required to cover the difference between participation costs (fee + insurance) and the contribution received from the scholarship by using their personal funds.
Applicants who wish to be considered for an Erasmus Mundus scholarship will need to indicate this explicitly in the application form. No separate funding application is required.
Scholarship applicants will however have to provide all relevant information for the consortium to determine scholarship category, particularly detailed information on citizenship and residence in the past five years. Failure to comply with this requirement will imply the exclusion of the applicant from the selection for scholarships (but not from the selection for admission).
Applicants wishing to be considered for an Erasmus Mundus scholarship may apply for no more than two other Erasmus Mundus programmes in addition to MEDEG. In case a student applies to more than three EM programmes he/she will be excluded from the selection for an Erasmus Mundus Scholarship. The EACEA will scrutinize all scholarships applications in order to guarantee that this rule is observed.
Please note that the EACEA’s directives impose that no more than 2 (two) students selected for scholarships should have the same nationality.
Students who have already benefited from an Erasmus Mundus Scholarship in the past are NOT ELIGIBLE.
Students from Third-countries who have carried out their activities (study, work, etc.) for more than a total of 12 months over the last five years in any of the EU, EFTA/EEA countries or Switzerland are EXCLUDED from Category A Scholarships and are ELIGIBLE ONLY for Category B Scholarships.
In case of double nationality (EU + non-EU), the non-EU nationality determines eligibility for a scholarship.
For further information on Erasmus Mundus: http://eacea.ec.europa.eu/erasmus_mundus/tools/faq_en.php
Enquiries and information:
MEDEG-Erasmus Mundus Master in Economic Development and Growth
medeg@ceaes.uc3m.es
Please kindly mention Scholarization.blogspot.com when applying for this scholarship
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