EPOG-JM Erasmus Mundus 2027 — Funded Economics Master's
Fully funded Master scholarship in France for All international students students 2027
Two-year economics and policy master's taught across France, Italy, Germany, Switzerland and South Africa. Scholarship deadline 27 January 2027.
Eligibility
- Bachelor's degree or equivalent worth 180 ECTS
- At least 24 ECTS in economics and 6 ECTS in statistics or econometrics
- English at CEFR C1: IELTS 7.0, TOEFL iBT 95, CAE grade B, CPE grade C or PTE 67
- Language certificate may follow the application but is needed by 10 June
- Additional regional scholarships for NDICI-Global Europe and IPA III countries, including Afghanistan and Pakistan
- Cannot hold another EU grant during the same period
- No previous Erasmus Mundus joint master's scholarship
Most economics master's programmes teach models and leave the institutional question for the PhD. EPOG-JM does the opposite: it starts from the fact that the rules of the world economy are being rewritten — industrial policy is back, trade is being re-routed, climate policy is now fiscal policy — and asks what a government can actually do inside those constraints.
The programme, Economic POlicies for the Global bifurcation, is an Erasmus Mundus joint master taught by a consortium that includes Université de technologie de Compiègne and Sorbonne Université in France, the University of Turin and Roma Tre in Italy, HWR Berlin in Germany, the University of Geneva in Switzerland and the University of the Witwatersrand in South Africa. Its 2027 call is open, with a deadline of 27 January 2027 at 13:00 Paris time.
What it covers
The degree is built around heterodox and institutional economics rather than a single-school curriculum, and it is explicit about that choice. You study macroeconomics, trade, finance and development, but the framing question throughout is distributional: who gains from a policy, who bears the cost, and through which institution is it delivered.
Two features distinguish it from a standard MSc. First, the consortium spans Africa as well as Europe, which changes what "development" means in the classroom. Second, the funding structure includes additional scholarships reserved for specific regions under the EU's NDICI-Global Europe and IPA III instruments — and the published country table includes Afghanistan under Central Asia and Pakistan under Asia. For applicants from those countries, that is not a footnote; it is a second funding channel alongside the main scholarship pool.
The Erasmus Mundus scholarship itself covers tuition fees, the health and accident insurance required by the programme, and a monthly allowance of EUR 1,400 for both academic years. Recipients cannot hold another EU grant for the same period, and that condition is checked.
Who can apply
You need a bachelor's degree or equivalent worth 180 ECTS. The subject requirement is specific rather than nominal: at least 24 ECTS in economics and 6 ECTS in statistics or econometrics. A degree in political science, engineering or business with those modules inside it qualifies; an economics-adjacent degree without them does not, and the FAQ explains how to evidence ECTS equivalence.
English is required at C1 or above, evidenced by IELTS 7.0, TOEFL iBT 95, Cambridge C1 Advanced grade B, C2 Proficiency grade C, or PTE Academic 67. The language certificate can arrive later — until 10 June — but the application itself cannot wait for it.
Self-check before you start. Does my transcript show 24 ECTS of economics and 6 of statistics, or only courses with economics in the title? Can I get the ECTS breakdown in writing from my university? Do I have a C1 certificate, or a test booked in time? Can I explain a policy failure I have actually observed, not one I read about? And do I understand that this programme is heterodox by design and will not suit a purely econometric profile?
The deadline
The two-year programme closes on 27 January 2027 at 13:00 Paris time. Applications must be complete in the portal, and there is no separate scholarship form: ticking the scholarship box in the application is what enters you for funding.
The one-year Master 2 route, taught in Paris, is a separate admission with a different calendar. It is currently closed and expected to reopen in March or April 2027, so anyone who wants the Paris-only year should not use the January date.
How to apply
Apply through the platform linked from the admission page. The file needs your degree certificate and transcript with the ECTS breakdown, English certificate, CV, motivation letter, and — for applicants who have already completed a master's — that diploma as well. The form asks you to rank or explain your mobility preferences, so read the mobility scheme before you fill it in.
The ECTS question is the one to solve first. If your university does not print ECTS on the transcript, request a conversion statement from the registrar now. A file that fails the 24-ECTS economics test is rejected on structure, not on quality, and no motivation letter repairs it.
https://www.epog.eu/admission-and-scholarships/admission/
Tips to win
Write about a policy you can defend, not a topic you find interesting. The committee reads hundreds of letters about inequality and green transition. A letter that argues a specific position — that a particular industrial subsidy will fail because of a design flaw in its eligibility rule — reads as someone who has done economics rather than read about it.
Use the regional scholarship structure deliberately. If you are applying from a country listed under NDICI-Global Europe or IPA III, say so in the application where the form allows, and make sure your nationality documents are consistent across the file. Additional regional awards are allocated inside the same ranking, and an inconsistent document set can knock you out of both pools.
Common mistakes
Applying with 18 ECTS of economics and hoping the committee counts a statistics course twice. Missing the 13:00 Paris cut-off because you assumed midnight. Submitting without the ECTS conversion. Writing a letter that praises the consortium rather than arguing a case. And assuming that a self-funded place is available after January — the programme does not run a separate late self-funded round for the two-year route.
This is a programme for people who want to work on policy — in a ministry, a development bank, an NGO or a research institute — rather than to become a theorist. If that is the goal, 27 January 2027 is the date that matters.
https://www.epog.eu/admission-and-scholarships/admission/
Other scholarships worth comparing on OEAC Network: https://www.oeacnetwork.com/index.php?page=post&id=93 https://www.oeacnetwork.com/index.php?page=post&id=20 https://www.oeacnetwork.com/index.php?page=post&id=72
An OEAC advisor can check your documents and your statement against the programme's own requirements before you submit. Book a free review with the advisory team.
Last updated: 28 October 2026. Source: https://www.epog.eu/admission-and-scholarships/scholarships/
Always confirm the deadline and eligibility on the official page before you apply. Scholarship dates change between rounds, and this listing is a summary — the provider's own page is the authoritative source. OEAC Network lists scholarships for free and is not an agent for any university or funding body.