Economics serving society

Economic Decision and Cost Benefit Analysis - EDCBA master of science

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EDCBA is a Master of Science (MSc) in economic calculation for investment decisions, applied to sectors of the economy currently in full expansion: planning, energy, environment, health, digital transformation.

It responds to a real need among firms and administrative organisations for economic assessment of investment projects. It puts together the academic excellence of degrees offered by the École des Ponts ParisTech with the innovative approach taken in courses accredited by the Paris School of Economics.

This programme is open to Students and young Professionals who hold a Bachelor, Master 1 or 2 degree in economics, statistics or mathematics, from a University, a Grande école, an Engineering school or a Business school.

Programme structure and courses - Capstone projects & internships - Applications - Career Prospects - Being an EDCBA student - 2018-2020 Students - 2019-2021 Students - EDCBA videos


Prepare yourself for the future!

What is the Cost Benefit Analysis (CBA)?

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CBA is an analytical tool to be used to appraise an investment decision and judge its socio-economic advantages or disadvantages in order to assess the welfare change attributable to it. CBA compares a scenario with-the-project with a counterfactual baseline scenario without-the-project, which is what would happen in the absence of the project or in a business-as-usual situation. CBA expresses all the costs and benefits of a project or an intervention in monetary value and aims at answering two questions: firstly, are the benefits of the project for the society higher than the costs and if so, by how much? And secondly, among the solutions considered, which one is the most desirable?

Why join the EDCBA Master’s programme?

The MSc EDCBA responds to a real need among private and public entities: the tools and methods taught in the programme enable each student to appraise investment project and policy, and to make a valuable contribution in the decision–making process. These skills are particularly looked for in various innovative sectors, such as digital transformation, energy, environment, etc. The MSc EDCBA is a 12-month professionally-oriented programme, fully taught in English, where students have to opportunity to put into practice their courses during the Capstone project and the 4-month internship (min.).

Key-skills that you will acquire
• Data analysis
• Project management
• Projects appraisal
• Structured finance

An innovative Master of Science

A resourceful partnership
The EDCBA master’s degree is accredited by the Conférence des Grandes Ecoles, and is the result of a collaboration between two renowned institutions
• École des Ponts ParisTech – Ranked 3rd among the French engineering schools
• Paris School of Economics – Ranked 1st among the European economic research institutions

Institutional partners
• KPMG
• Secrétariat général pour l’investissement (SGPI)

Capstone projects partners
• Autorité de Régulation des Transport (ART)
• Citizing
• EDF-ENR
• Lime
• Renault

Agence Nationale de la Recherche
This programme is funded by a French government subsidy managed by the Agence Nationale de la Recherche under the framework of the Investissements d’avenir programme reference ANR-17-EURE-0001.


Applications are open for September 2020

Apply here before July 15th, 2020: www.pse-application.eu
Any questions? Contact us: master-edcba psemail.eu


Download the EDCBA brochure (pdf)

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