Student portraits

Bachelor Economics at Leuphana College

On this page you will find testimonials on the experiences of our students in the Leuphana Bachelor with Major in Economics at leuphana College.

Looking at business and politics together

Fynns experience report ©Leuphana
Fynn studies Economics in combination with the minor in Political Science

Why did you decide to study the subject combination of economics and political sciences?

It was appealing to me to analyse economic and political processes together. The real world is a complex construct in which both the economy and politics are important. Since I have a certain affinity for numbers and prefer to work quantitatively, I ended up choosing the major in Economics with the minor in Political Science.

Were you able to combine your major in economics and minor in political science during your studies?

I would even go one step further and say that I was often able to combine my major, minor, Complementary Studies and Leuphana Semester. In the last semester, for example, I wrote a term paper on the distributional effects of C02 pricing. Of course, social and ecological sustainability (Leuphana Semester), economic estimates (major in Economics), but also the question of whether bans or incentives have a greater effect (Complementary Studies – psychology profile) or how this can ultimately be implemented politically (Political Science minor) played a role.

What topics did you deal with during your studies?

In my studies, I specialised in two things: Microeconomics and quantitative methods. Although global and often complex macroeconomic issues certainly have an appeal, I find it more exciting to deal intensively with human behavior on a smaller scale before aggregating and transferring the results to a heterogeneous society.

I have particularly enjoyed central questions in the field of behavioral economics (e.g., what does it mean to act rationally and when/why people do not act rationally?). Moreover, I have been able to combine this behavioral economic approach with my Complementary Studies in Psychology. In addition, I attended every quantitative subject that was offered as I am particularly interested in the valid estimation of causal effects.

What is your take-away of the undergraduate program at Leuphana College so far?

My experience during my Bachelor studies at Leuphana College have notably exceeded my original expectations. I switched from the Ludwig-Maximilians-University in Munich to Leuphana University Lüneburg because I was missing thinking outside the box. However, I did not expect that the interdisciplinary and tailor-made study format at Leuphana College would fulfill me so much.

Thanks to the small groups, the Leuphana Semester and the Complementary Studies, I was able to meet a huge number of exciting people across subjects and years. All these students did not only help me to adopt new perspectives, I was also able to learn a lot from them.

Who would you recommend to study at Leuphana College? Why?

I think you need two things to feel comfortable at Leuphana College. On the one hand, openness to other perspectives; on the other, a certain curiosity to learn new things. If you bring these characteristics with you, I am convinced that you will love the unique study model of the Leuphana University Lüneburg just as much as the many students here on campus do. Students are often involved in countless honorary positions or take additional courses on a voluntary basis.

Have du done an internship during your studies?

Yes, I did an internship at the Federal Ministry of Finance (BMF) in Berlin at the beginning of the year. Currently, I am doing a second internship at KPMG in Hamburg. At the BMF, I was able to directly apply the knowledge from my major studies as I carried data analysis on the federal aid packages against the pandemic. At the same time, I attended various G20 events that allowed me to experience international relations first-hand. At KMPG, I do public sector consulting. Currently, I am contributing to an IT consolidation project for the federal government and to the digitisation of individual ministries. At first glance, this has little to do with my major studies, but I have learned to quickly find my way around new situations.

Do you work besides your studies?

Since the third semester, I have been working as a tutor for the courses Statistics I and Statistics II. In addition, I have earned some extra money with other side jobs (e.g., as an extra on 'Rote Rosen' or with private tutoring).

Do you volunteer besides your studies?

I invest almost my whole free time in my honorary position as a coach for a youth American Football club in Luneburg, the Lüneburg Razorbacks. This activity does not only help me to gain insights outside the 'Leuphana Bubble', it is very fulfilling to follow the progress of the teenagers from training to training.

Future perspectives – what are your next steps after studying at Leuphana College?

Since I am doing my practical 'gap year' before the bachelor's thesis (many students do this after the completion of the bachelor's degree), I will start the master's in Economics at Vienna University of Economics and Business (WU) directly after my Bachelor degree.

With the placement in the quantitative science track I will be able to continue with the main focus of the major in Economics. But I am pretty sure that I will still find time to visit Leuphana University Lüneburg from time to time (e.g., on the occasion of the opening week).

Economics and business psychology - a useful addition

Lea Marie studies economics in combination with the minor in business psychology.

What I like about economics is that it deals with real problems of society (e.g., how do we deal with scarce resources? What are the effects of the introduction of a minimum wage? Why do we do division of labor?). Mathematics and statistics were often abstract to me in school. But when applied in college they were able to quantitatively support theories and hypotheses! In addition, economics does not only focus on business processes, but also looks at socio-economic phenomena such as unemployment, wealth distribution or market competition. At the same time, I find business psychology exciting because it observes human behavior in the business and economic context, which is often bounded rational. In my view, the combination of economics and business psychology is a perfect complement – it makes a lot of sense to me.

Were you able to tie in topics from the minor in business psychology with the major in economics or vice versa?

In my view, my major and minor studies complement each other very well. In business psychology we deal with the individual experience and human behavior in the business and economic context. At the same time, behavioral economics (an elective course within my major in economics) is about how the behavior by economic agents sometimes deviate from the rational assumptions of standard economic theory.

Taken together, I have been dealing with many different topics during my undergraduate, which is good because I have been able to look at some questions from different perspectives. For my minor in business psychology, it was very helpful that I had taken some courses in statistics within my major studies before.

What aspects did you deal with in the course of your economics studies?

At the beginning of my studies, I first learned the basics of macro- and microconomics. Later on, there are many electives and complementary modules. In 2019, the Nobel Prize in Economics was awarded to three economists for their research on fighting global poverty. I was totally impressed by that – we economists do not do boring calculations, instead we can give advice to policy-makers, solve real world problems and improve living conditions! And we can use quantitative methods to arrive at new findings and prove them too!

In addition to development economics, I also found gender economics very exciting. In doing so, I specially looked at whether the assumptions about the homo economicus are gender-specific and to what extent the gender pay gap also exists in digital labor markets.

What are the advantages / disadvantages of studying at Leuphana College?

A big advantage of studying at Leuphana College is that you start your undergraduate very generally through the Leuphana Semester, in which you learn the role and methods of science and how to write a term paper. Thanks to the combination of major, minor and Complementary Studies you learn to work in a transdisciplinary way.

One disadvantage, however, is that certain courses are only offered on a yearly basis, either in the summer or in the winter term. As there is a lottery procedure to take some courses, it might happen that you cannot attend a course that you would have liked to take.

What is your take-away of the undergraduate program at Leuphana College so far?

I am now in my last semester and very happy with my studies at Leuphana College. The opportunity to study a major and a minor subject was just right for me as I was very undecided at the beginning and it was very hard to commit to just one thing. Due to the numerous electives in the Complementary Studies, I have always found interesting courses and alternatives to complement my major and minor studies.

Who would you recommend to study at Leuphana College? Why?

The study programme is suitable for all those who would like to approach questions in a interdisciplinary way and are interested in sustainable and resilient solutions to real world problems. If you want to expand your knowledge beyond the own field of study, Leuphana College is the place to be.

How did you experience the admission process?

It seemed fair to me. By considering other aspects and qualifications than just the high school graduation grade (e.g., admission test, motivation letter), I had the feeling that they perceived me as a person independent of the 'numerus clausus'.

Do you volunteer in a student initivative, a student council or an association besides your studies?

Yes, I was member of the student council of the programme in economics, responsible for training courses of the BEM student council (Business, Economics and Management) and co-chair of the 'Zwiebel' (a student initiative in charge of a clothing exchange room). Currently, I am recruiter at the General Students’ Committee (AStA).

How do you like Lüneburg as a place to study?

Really good! Lüneburg is the perfect balance between a big city and a small town. Lüneburg has great connections to Hamburg, while it can be easily covered by bike. The town has a beautiful old town with many pubs and cafes. The Ilmenau and the Kreidebergsee provide refreshing swimming opportunities in summer, while you can even go ice skating if it's cold enough in winter. Lüneburg has some museums, an opera, a theater and a ballet that offer a cultural variety. A few clubs also provide a small party scene.

Future perspectives –what are your next steps after studying at Leuphana College?

I will study the Masters degree in Economics at the FU Berlin. But I can also imagine deepening into the field of business psychology or doing an internship.

Understanding the impact of the economy on the environment

Jan Oliver studies economics in combination with the minor sustainability science

I have been fascinated by the topic of sustainability – specially climate change – for years. In particular, the question on reconciling economy and nature motivated me to major in economics. I wanted to understand what economics is, how we make decisions and how these decisions impact the environment. For instance: What is the economic explanation for overfishing in the world's oceans?

What topics did you deal with during your studies?

During my studies at the Leuphana University Lüneburg I have been able to deal with many topics. The main focus of my studies was on microeconomic theory and on history of economic thought. But also the courses in macroeconomics and econometrics were convincing. I liked the philosophy of science a lot as well. In the minor, I focused on governance.

Were you able to combine the contents of the major in economics with those of the minor in sustainability science and vice versa?

Yes, absolutely. I have learned that economic agents make decisions that have a negative impact on the environment. In addition, I have learned that politics and economics cannot be viewed separately. Price distortions and misaligned incentives often have government intervention at their root.

What are the advantages/disadvantages of studying at Leuphana College?

Advantages of studying at Leuphana College are the interdisciplinary thinking, which is indispensable to solve complex problems. In addition, you meet students from other disciplines quite easily and quickly. I have found this to be an enrichment, even if this reduces somewhat the degree of depth in the major – the opportunities for specialization within your major studies are somewhat less.

What is your take-away of the undergraduate program at Leuphana College so far?

The unique concept of Leuphana University Lüneburg and its size allow for a very enriching experience that I would probably miss at a larger university. I particularly like the proximity to professors and teaching staff. In addition, Lüneburg is a small but lovely city.

Who would you recommend to study at Leuphana College? Why?

I think studying at Leuphana College is a unique experience that is probably not possible elsewhere. For those who like to think outside the box, enjoy working across disciplines, and prefer to meet people in an uncomplicated way, Leuphana University Lüneburg is the place to be. Complex problems and their solutions are the focus of the joint work.

How do you like Lüneburg as a place to study?

Lüneburg is a pleasant cozy town in close proximity to Hamburg. The local transport connections and shuttle services are good. But you can also reach your destination by foot or by bike in a short time.

Future perspectives – what are your next steps after studying at Leuphana College?

At the moment, I am planning to attend the master in Bioeconomy at the TUM in Straubing. This will not only foster my economic thinking but also give me the opportunity to gain specific insights into the technical aspects of sustainability.

Looking at business and politics together

Sevda studies Economics in combination with the Business Administration minor.

Economics deals with macroeconomic and microeconomic interrelationships while business administration focuses on processes and procedures within a firm. For me, it’s a great pleasure to learn about the different goals and assumptions of both disciplines and to be able to compare and complement them.

What topics did you deal with during your studies?

I particularly enjoy causal analysis and working with statistical programmes. In the course of my studies, I have learned to use the statistical software program STATA as well as other software programs and programming languages including LaTeX in R.

What are the advantages / disadvantages of studying at Leuphana College?

A huge advantage of Leuphana University Lüneburg is its international orientation and the transdisciplinary approach. The major-minor studies combined with the Complementary Studies make it possible to go beyond the boundaries of one study field. All this contributes to a comprehensive and academically challenging undergraduate programme.

What is your take-away of the undergraduate programme at Leuphana College so far?

My experience at Leuphana College is very positive. The study format makes it possible to pursue inter- and transdisciplinary interests. The Institute of Economics is also very active and facilitates networking among fellow students.

Who would you recommend to study at Leuphana College? Why?

I can recommend studying at Leuphana College to anyone who does not want to focus on only one discipline but enjoys interdisciplinary and transdisciplinary education. In addition, you also feel very welcome at the Institute of Economics.

Do you work besides your studies?

At the beginning of my studies, I took advantage of the good train connection to Hamburg and worked for the marketing department of a legal firm. Now, I work as a student assistant at the university sports center. I really enjoy working on campus among fellow students.

Do you volunteer besides your studies?

Leuphana University Lüneburg offers a lot of opportunities to be active besides your studies. For several semesters, I have been a member of the student council for economics. As a result, I have been very active and was able to meet fellow students from study programs close to economics. In addition, I have discovered the 'Rock Your Life!' association where I took the mentoring role for a high school student.

How do you like Lüneburg as a place to study?

I can only recommend Lüneburg as a place to study! Especially if it is for an undergraduate program. Lüneburg is a small town with the second highest density of pubs in Europe. In addition, it offers many sports clubs and a good connection to Hamburg. But more importantly: The main campus makes networking among fellow students very easy and fun.

Future perspectives – what are your next steps after studying at Leuphana College?

After graduation, I plan to complete an internship and to pursue a Masters degree in economics.

Combining practice and theory - Economics studies after an apprenticeship

Economics study experiences of Silke ©Wolfgang Brack
After her bank apprenticeship, Silke studied economics

How did you experience studying at the Leuphana University Lüneburg? What did you particularly like about your study programme?

The study programme at Leuphana University Lüneburg has a very good structure. From the very beginning, there is a common thread that runs through the entire programme. The Leuphana Semester and the Complementary Studies allow students to dive into completely different subject areas, while the examinations introduce students to the academic and scientific work. I particularly liked the major in economics because it provides you with the big picture about the economy. I also really enjoyed analysing how and why the economic agents behave in the face of different market conditions.

How did your studies at Leuphana University Lüneburg shape your further educational/career path?

Before my studies, I had already completed a banking apprenticeship. During my subsequent professional career, I completed advanced vocational training as a business manager because I wanted to delve deeper into monetary and capital markets theories. 

What career stages have you pursued since graduating from Leuphana University Lüneburg?

After my Bachelor's degree, I first worked as a business risk specialist for a multi-national investment bank and financial services company in Frankfurt.

Where and in which area are you currently working?

I currently work in a family office in Hamburg where I manage various assets by making use of different financial instruments.

Why would you recommend studying economics at Leuphana University Lüneburg?

Due to the extended admission procedure, it is possible for people with professional experience but no advanced level qualification to complete this study programme and to further develop academically and professionally. I would recommend this study programme because the different major-minor combinations allow you to tailor the programme to your personal academic interests. The programme in economics is about understanding the economic system and context as a whole and not about just learning things by heart. By having completed a banking apprenticeship and advanced vocational training in business management before my studies, I was able to optimally complement the major in economics with the minor in business law in order to gain comprehensive knowledge about the functioning of the economy.

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Programme Director

  • Prof. Dr. Boris Hirsch

Programme Coordinator

  • Miguel Abellán-Ossenbach