Economic policies for new global cooperation and alliances (GLOBAL COOP) is an Erasmus Mundus Joint Master in economics, supported by the European Union. It offers a world-class integrated Master’s programme focused on economic policies for navigating a rapidly evolving geopolitical landscape. The programme trains experts to design and implement policies that foster new forms of global cooperation and alliances between countries in the Global North and the Global South. It covers international trade, the international monetary and financial system, and the just socioecological transition, while adopting an interdisciplinary perspective.
Benefits
The Erasmus Mundus scholarship covers:
- student tuition fees (including health and accident insurance scheme fulfilling the European Commision’s minimum requirements),
- a monthly allowance of € 1400 per month (during both academic years).
Requirements
- A Bachelor’s or equivalent degree (180 ECTS)
- Degree in economics (or any other field provided a minimum of 24 ECTS – or equivalent – in economics and 6 ECTS in statistics or econometrics — description of ECTS in the FAQ section).
- Candidates who plan to graduate by 31st July will be provisionally accepted and will be required to provide copies of their degree certificates by 31st August.
- A good level in English
- With proof of the language level (provided no later than June 10). The following tests and minimum scores are accepted: CEFR: C1 or more; TOEFL iBT: 95 or more (MyBest Scores accepted); IELTS: 7.0 or more (Academic Version); C1 Advanced (CAE): Grade B or more; C2 Proficiency (CPE): Grade C or more; PTE Academic: 67 or more. If you have a Graduate Record Examination (GRE) with a General Test score of at least 150 for verbal reasoning, 4 for analytical writing, and 151 for quantitative reasoning, it can be considered a proof of your proficiency in English.
- No individual test is required for English native speakers or for applicants who have a higher education degree entirely taught in English.
- Knowledge of French, Italian, Portuguese, Spanish or Hindi are not mandatory, but is taken into account.
- A clear motivation for the programme
- The applicants should highlight their interest, knowledge and motivation to engage with heterodox approaches of economics.
Eligibility criteria slightly differ according to the chosen Track (and corresponding pathways).
Selection Process
| Educational background | As demonstrated by the curriculum vitae (quality and relevance of academic qualification, knowledge in economics and research / professional experience). | 15% |
| Academic records | Candidates’ academic records should have a minimum Grade Point Average (GPA) for the Bachelors degree of at least 70% of the maximum scale. | 35% |
| Motivation and recommendation letters | 20% | |
| Languages | Proficiency in English and possibly another language of the GLOBAL COOP partners’ countries. | 30% |
The coordinator will conduct an initial filtering (based on minimum requirements) and submit the remaining applications for consideration by the Consortium committee. For each applicant, two referees from two member institutions will be appointed. A preselection of the best students among the completed submissions is then made by the Consortium committee. The preselection of these students will depend on the excellence of their studies. For the preselected students, an interviews (through videoconferencing means) will be organised by the Consortium committee to complement the evaluation. A final list of students (main list and reserve list) will be established in accordance with the criteria defined above. Unanimity of the awarding institutions will be required in order to meet the highest standards.
Regional, gender and social situation will be taken into account in the final selection (i.e. among the best candidates) but will not take precedence over merit, quality and competence. The process will respect the principles of Euraxess “European Charter for Researchers” and the “Code of Conduct for the Recruitment of Researchers” including non-discrimination, equal treatment, transparency, recognition of qualifications, lifelong development and mobility experience. The final selection of candidates will comply with the maximum number of scholarships per country and per institution of origin defined by the European Commission. Students with special needs will benefit from extra time for examinations and will benefit from dedicated installations in each partner institution.
Application Documents
- COMPLETED (ONLINE) APPLICATION FORM
- FULL CURRICULUM VITAE
- SCANNED COPY OF AT LEAST ONE RELEVANT DIPLOMA
- SCANNED COPY OF ACADEMIC RECORDS (TRANSCRIPTS)
- PROOF OF LANGUAGE PROFICIENCY
- STATEMENT OF PURPOSE
- TWO RECOMMENDATION LETTERS
- SCANNED COPY OF A PASSPORT
- APPLICANT’S OWN OTHER FUNDING (non mandatory)
Method of Application
For more information,
Application Deadline: January 27, 2027.