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Economics

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Field of study:
Economics
Type:
Undergraduate (Bachelor)
Field of study:
Duration of study:
3 years (6 semesters)
Mode:
full-time
Obtained title:
bachelor’s degree
Language:
English
https://en.uafm.edu.pl/specjalizacja/economics/|https://en.uafm.edu.pl|economics
English

Why study Economics?

In a globalized world shaped by rapid economic transformation, a degree in Economics gives you the tools to understand, interpret, and influence key financial and market trends. If you’re drawn to topics like market dynamics, public finance, or business analytics, this program offers a comprehensive foundation for a future-oriented and versatile career.

At UAFM, you will learn to think like an economist – analytically and strategically. You’ll explore how businesses, governments, and individuals make economic choices, how resources are allocated, and how policies affect market outcomes. Through a combination of theory and hands-on learning, you’ll develop the ability to assess data, forecast trends, and make informed decisions that drive success in today’s economy.

The curriculum integrates micro- and macroeconomics, business and financial analysis, and social sciences such as economic law, geography, and sociology. You’ll also gain essential skills in statistics, econometrics, and data management, as well as an introduction to programming and digital tools that are crucial in modern economic work

What makes our program stand out?

  • A future-ready skillset – combining classic economic theory with data analytics, business software, and market simulation.
  • Innovative curriculum that includes introductory programming, experimental economics, and applied research tools.
  • Instead of a traditional thesis, you’ll complete a real-world economic project, gaining practical experience and portfolio material.
  • Emphasis on project-based learning to prepare you for dynamic roles across sectors.
  • Instruction by experienced academics and industry professionals from economics and related fields.

Career opportunities after graduation

An Economics degree from UAFM opens doors to a wide range of industries and professional paths, including:

  • Analyst or economist in domestic and international trade companies, financial departments, or investment firms.
  • Specialist roles in banks, insurance companies, leasing and auditing firms, or business consulting agencies.
  • Market researcher or policy advisor in public institutions, economic think tanks, or organizations involved in risk analysis and forecasting.
  • Independent career paths such as entrepreneurship, economic consulting, or freelance market analysis.
  • Media roles, including economic journalism or financial commentary for business publications.

Is this degree right for you?

This program is ideal if:

  • You’re fascinated by how economic systems function and want to influence their outcomes.
  • You want to combine theoretical knowledge with real-world skills in data analysis, forecasting, and decision-making.
  • You’re interested in pursuing a flexible and well-paid career in finance, policy, business, or research.
  • You’re looking for an academic program that prepares you for today’s job market – and tomorrow’s opportunities.

New requirements for visa applications

Note: important information for bachelor’s degree candidates (first-cycle studies)

In line with the new requirements for visa applications introduced by Polish consulates around the world, candidates applying for a student visa are now required to submit a document confirming their eligibility to apply for a bachelor’s degree (first-cycle studies), issued by the Polish Education Superintendent Office (in Polish – Kuratorium Oświaty). Previously, this document could be provided after arrival in Poland, but under the new regulations, it must be submitted along with the visa application. The procedure for master’s degree candidates remains unchanged.

While the new requirement may slightly extend the visa process, the UAFM is fully prepared to support bachelor’s degree candidates throughout this period. To ensure there are no disruptions to their education, candidates who cannot arrive in Poland before the start of classes will be able to participate in lectures online via MS Teams. For more information call us: (+48) 12 25 24 400

Program and structure of studies

they last
3 years (6 semesters)
are worth
180 ECTS credits
(European Credit Transfer and Accumulation System)
end with
bachelor’s degree

.

FIRST YEAR OF STUDY

SEMESTER I
Subject nameCummulative amount of ECTS pointsLecture methodCummulative amount of hours
Health and Safety08/8
Academic Skills115/8
Introduction to Philosophy535/20
Introduction to Psychology530/24
Economic History530/24
Intellectual Property430/24
Fundamentals of Economics530/24
Theory of organisation and management530/24
SEMESTER II
Subject nameCummulative amount of ECTS pointsLecture methodCummulative amount of hours
Foreign Language I230/16
Sports class030/-
Methodology of scientific research430/16
Fundamentals of Sociology / Economic Geography330/16
Fundamentals of Accounting330/24
Fundamentals of Private and Public Finance430/24
Financial analysis in corporate finance330/24
Mathematics I460/32
Descriptive Statistics460/32
Economics of shared resorces / Social Economics330/16

SECOND YEAR OF STUDY

SEMESTER III
Subject nameCummulative amount of ECTS pointsLecture methodCummulative amount of hours
Foreign Language II230/16
Sports class030/-
Financial Markets / Corporate Finance430/24
Informatics in economics445/24
Mathematics II560/32
Microeconomics I560/40
Macroeconomics I560/32
Introduction to Programming560/32
SEMESTER IV
Subject nameCummulative amount of ECTS pointsLecture methodCummulative amount of hours
Foreign Language III230/16
Economic policy. Social policy330/16
Microeconomics II560/32
Macroeconomics II560/32
Mathematical Statistics460/32
Data Visualization Methods / Tools for Business Intelligence445/16
History of Economic Thought330/16
Quantitative methods in economics460/32

THIRD YEAR OF STUDY

SEMESTER V
Subject nameCummulative amount of ECTS pointsLecture methodCummulative amount of hours
Foreign Language IV330/16
Experimental economics - lab class445/24
Quantitative methods in economics460/32
Specialisation subject 1 (see below)330/16
Specialisation subject 2 (see below)330/16
Specialisation subject 3 (see below)430/16
Specialisation subject 4 (see below)330/16
Specialisation subject 5 (see below)330/16
Methodology for preparing a project330/16
SEMESTER VI
Subject nameCummulative amount of ECTS pointsLecture methodCummulative amount of hours
Quantitative methods in economics: time series and forecasting660/32
Introduction to the theory of games430/16
Specialisation subject 1 (see below)430/16
Specialisation subject 2 (see below)430/16
Specialisation subject 3 (see below)430/16
Specialisation subject 4 (see below)430/16
Social Project430/16

SEMESTER V
– specialism modules Applied Economics: Demography (subject 1), Models for mathematical economics (subject 2), Economic Analysis of Law (subject 3), Behavioral Economics (subject 4), Economics of the public sector (subject 5)

– specialism modules Global Economy: Strategies for internationalisation in business  (subject 1), Globalisation and competitiveness of national economies (subject 2), International Economic Relations (subject 3), Global Supply Chains (subject 4), Monetary systems and monetary markets (subject 5)

– specialism modules Quantitative Methods in Economics: Database Management (subject 1), Tools for assisting decision-making (subject 2), AI and machine learning (subject 3), Deterministic Models in Operational Research (subject 4), Probabilistic Models in Operational Research (subject 5)

SEMESTER VI
– specialism modules Applied Economics: Economic Growth – Theory and Practice (subject 1), Industrial Economics (subject 2), Economics of agriculture (subject 3), Economics of labour (subject 4)

– specialism modules Global Economy: Finance and International Settlements (subject 1), Business intelligence and information security (subject 2), Commodity Markets (subject 3), Global Financial Markets (subject 4)

– specialism modules Quantitative Methods in Economics: Introduction to Actuarial Statistics (subject 1), Models of social choice (subject 2), Quantitative methods in economics: high frequency time series (subject 3), Quantitative methods in economics: panel data (subject 4)

Tuition fees / Admission guide

Fixed tuition - flexible payments

By choosing to study at UAFM, you can be sure that the tuition fee will not change throughout the duration of your studies. You can pay the tuition fee once for the entire year of study or spread over a semester payment. This allows you to decide how you want to plan your expenses.

Admission guide – here

Fees (academic year 2026/2027)

Save 1 000 € per year — throughout your entire studies

INTERNATIONAL REGIONAL SCHOLARSHIP (IRS)

The International Regional Scholarship (IRS) is a permanent reduction of your annual tuition fee designed to support international students and make high-quality education more accessible. Candidates with citizenship of one of the 30 selected countries are entitled to the scholarship for the entire duration of their studies. The discount is reflected in your tuition fee based on the country selected in your application.

Annual and semester-based pricing
Programme nameWith Scholarship (IRS)Regular tuition
Economics3200 € / year
or 1750 € / semester*
4200 € / year
or 2250 € / semester*
*Semester payment is possible from the second year of studies.
Check Countries eligible for the International Regional Scholarship
Albania
Armenia
Azerbaijan
Belarus
Bosnia and Herzegovina
Bulgaria
Croatia
Estonia
Georgia
Kazakhstan
Kosovo
Kyrgyzstan
Latvia
Lithuania
Moldova
Mongolia
Montenegro
North Macedonia
Philippines
Romania
Serbia
Slovakia
Slovenia
Tajikistan
Türkiye
Turkmenistan
Ukraine
Uzbekistan
Vietnam
Latin America and the Caribbean countries

Scholarships - easier than you think

In the academic years 2023/2024 and 2024/2025, UAFM in Kraków awarded nearly 500 Rector’s Scholarships.

Any student who has achieved a high grade point average may apply for a merit-based scholarship.

In the academic years 2023/2024 and 2024/2025, UAFM in Kraków awarded nearly 500 Rector’s Scholarships in the amount of PLN 1,000 per month, depending on academic performance, or PLN 800 / PLN 1,200 per month, depending on scientific, artistic, or sports achievements.

The scholarship can also be awarded for scientific or artistic publications, participation in scientific research or development work, participation in internships, practical training or courses beyond the study program, participation in scientific conferences, and participation in scientific, artistic competitions, exhibitions, or festivals.

A sports scholarship may be granted to a student who stands out with sporting achievements at least at the national competition level or is a member of the national team. Scholarships may also be awarded to athletes representing the university in academic competitions. A first-year student may receive a scholarship based on sports achievements from the 12 months preceding the start of their studies.

Young athletes may receive financial support in the amount of PLN 800 or PLN 1,200 per month.

A scholarship for students with disabilities may be awarded to a student who holds a certificate of disability, a degree of disability, a ZUS medical certificate, a certificate of classification into an invalidity group, or a certificate of permanent or long-term inability to work on a farm.

In the academic year 2024/2025, depending on the degree of disability, approximately 100 scholarships were awarded for students with disabilities, in amounts ranging from PLN 850 to PLN 1,250 per month. In 2023/2024, about 80 scholarships were awarded in the same amounts.

Emergency financial aid is a form of one-time financial support. Any student who has temporarily found themselves in a difficult life situation due to unforeseen events beyond their control may apply for it. Emergency aid can be awarded twice during one academic year; however, it cannot be granted twice for the same event.

In the academic year 2023/2024, we granted 215 emergency financial aids for a total amount of PLN 389,900. Depending on the student’s situation, the amounts ranged from PLN 500 to PLN 3,500 as a one-time payment.

Academic Year 2023/2024:
· 500 Rector’s Scholarships
· 215 emergency financial aids
· 188 social scholarships
· 83 scholarships for students with disabilities

In 2024, we spent nearly PLN 8,800,000 on scholarships.

 

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