75 years with talented MScs in Economics and Management

For 75 years, the MSc programme in Economics and Management at Aarhus University has hatched some of the most talented executives in Danish and foreign business communities. A huge anniversary event will take place to celebrate this feat.

2011.10.27 | Mia Balle Laursen

Anders Fogh Rasmussen, former Prime Minister and now General Secretary of NATO, Niels Smedegaard Andersen, Managing Director of A.P. Møller Mærsk, Anders Dam, Managing Director of Jyske Bank, and finally, Jørgen Vig Knudstorp, Managing Director of LEGO Group. These people are just a handful of the Danish and international excutives, who have completed the MSc programme in Economics and Management over the past 75 years.

In addition, the MSc programme in Economics and Management has had a large number of prominent business partners in the programme of the last 75 years. Amongst these business partners is the winner of last year’s Nobel Prize, Dale T. Mortensen, who is employed at the Department of Economics and Business, Aarhus University as well as the award-winning Clive W. J. Granger and Robert F. Engle.

Graduates in high demand
Generally, the programme has trained graduates who are popular in the private and public sectors.

But what is the key to the success of the MSc programme in Economics and Management? According to Ole Øhlenschlæger Madsen, Professor Emeritus at the Department of Economics and Business, the success comes down to the fact that the programme has always been special.

- Throughout the years, MSc’s in Economics and Management who have graduated from Aarhus University have stood out from graduates in Economics and Management from universities elsewhere in the country. This is because our programme has been based on theory as well as practice and that we have had an overlap of subjects whether you were training students in economics or business administration. Furthermore, the professors who have lectured in the MSc in Economics and Management have all had close contact with the Danish as well as the international business community and research environment. This means that they have always needed to keep their finger on the pulse, which has been reflecting in the teaching, says Ole Øhlenschlæger Madsen and continues:

- Many professors have also been economic advisers and members of many of the Danish Government’s appointed committees and commissions. These experiences have also been included in the teaching.

The Strength is international contacts
Much has happened since the MSc in Economics and Management programme was established in 1936. Previously, the programme was known for its combination of theory and practice in lessons, but today, the international aspect is also one of the programmes’ forces. The increasing number of contacts abroad and new international programmes ensures that the MSc in Economics and Management  is still popular. An example of an international programme is the newly established elite programme “International Master of Science in Quantitative Economics” (IMSQE).

More PhD’s are graduating
In the last 10-15 years, an increasing number of PhD students has graduated from  the Department of Economics and Business. Some of them have gone on to work at prestigious universities abroad, while others have been employed at international organisations and large business enterprises. This development ensures Aarhus University that the MSc in Economics and Management programme is still geared for producing powerful business people, social debaters and Nobel Prize winners.

Facts

  • The MSc in Economics and Management programme celebrates its 75th anniversary on 28 October 2011. Currently, 3500 MSc’s in Economics and Management have graduated.
  • Every employee and former employee at the Department of Economics and Business with partners, former students of the MSc in Economics and Management programme and current students of the programme are invited to participate in the event.
  • The anniversary will be celebrated with a professional and festive event. The professional event entitled “The status of the global financial and debt crisis and financial perspectives” will take place at Søauditorierne. The festive event will take place at Turbinehallerne.
  • Read more about the event (only in Danish)

Contact

Ole Øhlenschlæger Madsen, Professor Emeritus
Aarhus University, Department of Economics and Business
Tel: (+45) 89 42 15 57
Email: omadsen@econ.au.dk
Web: pure.au.dk/portal/da/persons/ole-oe-madsen%28d344216e-78b4-4178-b08d-fc5ba0894ef4%29.html

Aarhus BSS
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