Paris School of Economics - École d'Économie de Paris

Economics serving society


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The EDCBA Masters comprises three semesters (18 months): two semesters of course work and one semester in professional placement. Courses are taught by worldwide-recognized professors and a permanent link is made with real economic issues. A number of institutional partners and firms are associated with the programme.

In order to prepare students as well as possible, the teaching team includes interventions by professionals, an internship of six months must be completed by each student, and “capstone projects” are supervised by academic and professional tutors around practical cases sponsored by firms or by partner organisations.

The courses are given on the Campus Jourdan of the Paris School of Economics, in the South of Paris.

A multidisciplinary approach is at the heart of EDCBA curriculum

> Economics: evaluating a project (or any asset), including externalities, and understanding its contribution to value creation in an environment dominated by high uncertainty;

> Finance: structuring the financial resources, mobilizing the adequate instruments (equity, debt, hybrid) on the basis of sophisticated valuation and modeling techniques;

> Management identifying the potential implementation issues and using change the relevant management techniques (organizational analysis, sociology).


Core Curriculum and Field Courses

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400 hours of in-class lectures taught by leading scholars from the Paris School of Economics and the École des Ponts ParisTech.


  • Cost-Benefit Analysis
  • Econometrics and Data Analysis
  • Industrial Organization and Regulation
  • Innovation and intangible assets evaluation
  • Investment Decision
  • Macroeconomics and Globalization
  • Project Finance and Corporate Finance
  • Project Management Practices
  • Risk & Uncertainty
  • Structured Finance


  • Energy and ecological transition: Environment and climate change economics; Energy Economics; Water, sanitation and waste management economics
  • Digital transformation: Platform Economics; Disruptive business model; Data Analytics
  • Healthcare in aging societies: Health economics; Aging and health; Regulation in healthcare
  • Smart cities: Urban economics; Housing and Real Estate; Transport Economics

Capstone Projects
72 hours taught by staff and guest lecturers with extensive experience in industry, offering a unique opportunity to learn from experts. Each project is advised by a member of MSc EDCBA faculty. It allows you to approach the real life of companies. The capstone projects mainly consist in fulfilling a consulting mandate given by a company or any other organization interested in taking advantage of the training provided by our program in economic evaluation of any type of investment project.
Examples of Capstone projects for academic year 2018-2019 proposed by our Sponsors:

  • Creating new business models out of massive data: the telecommunications industry. A key and very large operator, collecting massive data, questions their monetization. Better understand how consumers actually behave may be the source of value creating opportunities, not only by selling data to other industries (car and mobility, luxury products, FMCG) but, also, by creating its own “verticals”, as Orange currently developing a banking activity. The project identifies internal and external productivity breakthroughs, which are the foundations of economic value, and explores which financial strategy is appropriate to create enduring value.
  • Durable goods and industrial strategy. For an industrial firm, understanding how customers actually use its equipment and the impact on durability, maintenance and research & development is key. Internet of Thing (IoT) is one of the main “game changers” of the next decades, which motivates a multinational company to ask students how an intelligent use of IoT creates long-term competitive advantage against low-cost suppliers.
  • Proposing a new economic equilibrium test to assess the socio-economic impact of a new entrants in the railway market taking into account externalities. When a new entrant wants to operate on a liberalized rail market, some transport regulators conduct an economic equilibrium test to ensure that the entry of the new operator does not affect the economic equilibrium of an existing public service on the route (s) opened to competition. The Economic Equilibrium Test should look at the wider socio-economic implications and also at the wider benefits of the Open Access for passengers and for the whole society. The project proposed by the French transport regulator (ARAFER) aims at proposing such an economic equilibrium test in the french regulatory and institutional context.


6-month internship program - internship and internship thesis
A dedicated Career Center helps students finding a valuable internship program with the help of the Master’s Sponsors, as well as making informed decisions about career goals and find opportunities related to their professional objectives.