The programme has a very good mix of theory and practical applications
Why did I choose Behavioural Economics?
I am a firm believer of economics, but even so, I had to acknowledge that standard economic models make “wrong” predictions. We are not rational and not everyone processes information in the same manner, people have emotions and so on and so on. I was interested in learning ways to model human behaviour better. I wanted to learn about models that make better predictions than standard economic models.
The programme has a very good mix of theory and practical applications. The courses focus on teaching the theories of behavioural economics while the seminars focus on applying behavioural insights to address real world issues. Issues that range from something as large as climate change; to smaller things such as how can we nudge people to take the stairs instead of the elevator?
However, it is not only behavioural economics courses. You have to choose a track so you can specialise in Finance, Marketing or Economics of Management and Organisation. I chose the finance track but all tracks complement the behavioural economics courses.
I am going to pursue a career in either consulting or banking
After finishing the masters' degree, I am going to pursue a career in either consulting or banking. But it opens up many doors; you can work anywhere from large corporates and multinationals to social enterprises and NGOs or of course do a PhD.