Scholarship Opportunities Available
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Master's in Economic Development (MED) – Online at Scandinavian Advanced College

Advance Your Economic Expertise Anytime, Anywhere – Shape Sustainable Growth Globally

The Online Master's in Economic Development (MED) at Scandinavian Advanced College (SCAC) is designed for professionals who are passionate about fostering sustainable growth, reducing inequality, and driving positive change through economic transformation. This advanced program equips you with analytical tools, policy insights, and strategic frameworks to address the world's most pressing development challenges.

Whether you aspire to work in government, international organizations, NGOs, or the private sector, the MED prepares you to design and implement policies and strategies that promote inclusive and sustainable economic progress.

Special Scholarship Opportunity – Limited to 200 Students per Intake

We proudly offer 5 full scholarships and 200 partial scholarships each intake.

  • Instead of paying the full tuition fee of €8,000 per year, partial scholarship recipients pay only €2,000 per year.

  • Full scholarship students cover only tax fees of €395 per year.

👉 To apply, simply mention in your application that you would like to be considered for a scholarship. Our admissions team will review your request and notify you depending on availability.

Why Choose Our Online Master's in Economic Development?

  • Advanced study plan – integrating policy analysis, innovation, and strategies for inclusive growth.

  • Personal professor supervision – mentorship from academics, economists, and development practitioners.

  • Rigorous assessments – applied projects, policy research, and a thesis or capstone ensure mastery of advanced development economics.

  • Global networking opportunities – SCAC organizes international networking events and European study visits, connecting you with development professionals worldwide. Full visa and travel support provided.

  • Career-focused education – internships, Erasmus mobility, and consulting projects prepare you for impactful careers in economic development.

  • Flexible learning – pursue your degree at your own pace while balancing academic, professional, and personal responsibilities.

What You'll Learn

Our Economic Development curriculum provides deep insights into global development challenges and opportunities:

  • Economic Policy Analysis – advanced techniques for evaluating policies and their impact on development.

  • Sustainable Development Strategies – balancing growth with environmental and social responsibility.

  • Global Economic Trends – understanding trade, globalization, and economic interconnectedness.

  • Innovation & Economic Transformation – exploring how technology and innovation drive inclusive growth.

Graduates leave with the analytical, strategic, and leadership skills to design policies, manage programs, and shape the future of economic development worldwide.

Admission & Application

Applying is simple. Submit your application online today, and our admissions team will respond within two weeks. Once admitted, you'll receive:

  • A customized study plan

  • Close professor supervision

  • Access to scholarships

  • Invitations to international networking and development events

👉 Apply now for the Scandinavian Advanced College Online Master's in Economic Development (MED) and secure your place with our €2,000/year partial scholarship. (Full scholarships currently not available.)

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