Studying economics involves more than just numbers and formulas. It is the study of people and encompasses a unique blend of math, politics, sociology, and psychology. Students who want to obtain a degree in this field have an exciting academic journey in front of them.

Whether you’re pursuing a Bachelor’s or Master’s degree, studying economics will allow you to develop high levels of statistical and analytical abilities along with effective communication skills. Employers find these very valuable, which explains why plenty of career choices await graduates of this field.

The banking and financial sector may be the most popular path, but you can also find opportunities in government and business offices. You can even work in emerging sectors like big data.

A degree in Economics does not need to come at a high cost. If you want to spend less and still get a high-quality education, here are five schools you should definitely check out!

Is It Hard to Study Economics?

Economics is commonly labeled as a social study, and for that, it is deemed an easy subject to enroll in. However, studying economics is not as easy as it seems on the surface level. Economics heavily relies on maths and thus is a quantitative discipline that requires a lot of interest on the part of its graduates. Studying economics demands a lot of critical thinking and a good command over mathematical concepts and graphs, so if you meet this profile, then economics is the degree for you. We don’t currently have any courses to suggest for those who want to pursue a degree in economics, but make sure you visit our website in the near future as our database is constantly being updated. In the meantime, feel free to check our Open Courses Page.

Free Economics Schools

1. Norwegian University of Science and Technology

The Norwegian University of Science and Technology (NTNU) is a top-ranked institution for economics in Norway that offers free tuition. It has the largest student population in the country, welcoming over 40,000 students every year. NTNU has three campuses located in Trondheim, Alesund, and Gjøvik. While it is mostly lauded for its engineering and technology programs, the university also offers excellent programs in other disciplines, including social science.

Economics at NTNU is available at the Bachelor’s, Master’s, and Doctorate levels. Undergraduate students learn foundational skills and knowledge required for a career in the discipline, while graduate students put this knowledge to use by conducting scientific investigation and research work. The language of instruction for all levels is Norwegian.

NTNU is a public university, which means they offer tuition-free education for all students. International students will need to provide documents as proof of sufficient funds to cover living expenses in Norway.

2. Aalto University

Aalto University in Finland was created by the national government as an institution that fosters innovation. It focuses on three disciplines: science, art, and business. By combining the best of these disciplines, Aalto leads the country’s shift to multidisciplinary learning. Its main campus is in Espoo, with smaller campuses in Helsinki and Kirkkonummi.

Economics programs at the university are free and available at the Bachelor’s, Master’s, and Doctorate levels. Internationally renowned scholars make up the faculty and are dedicated to helping students gain a solid foundation for any career in the field. All courses are delivered in English.

Citizens and permanent residents from EU/EEA countries and Switzerland enjoy tuition-free education at Aalto. International students are generally required to pay tuition fees for Bachelor’s and Master’s studies. Ph.D. studies are free for everyone.

3. Brno University of Technology

Brno University of Technology (BUT) is the largest engineering institution in the Czech Republic. It is often referred to as the Silicon Valley in the heart of Europe and works closely with esteemed tech companies, including IBM, Red Hat, and Vodafone. BUT offers the same level of excellence in teaching other disciplines. As they continue to improve, the school has built several modern facilities and partnered with international universities to collaborate on student projects and internships.

BUT only offers Economics programs at the Master’s and Doctorate levels. The Master’s program has two specializations – Management and International Leadership – which students may choose from. Both tracks aim to develop existing knowledge and skills further in preparation for higher positions in your career. At the Doctorate level, you begin specialized training to improve your research methodologies and eventually publish your own papers.

As a public university, tuition fees at BUT are waived for everyone who studies their programs in the Czech language. However, you will need to prove your proficiency during the application. If you want to improve your language skills before starting a program, you may take a year-long course in the Czech language at BUT.

4. Aarhus University

The Aarhus University (AU) is a public university in Denmark that is consistently recognized as one of the top institutions for economics in the world. It is the largest university in the country and operates on three campuses located in Aarhus, Emdrup, and Herning. As a research-based university, AU offers programs heavily influenced by the latest discoveries and innovations and offers free tuition for students. Active researchers make up the faculty at the university.

The Economics programs at AU are all English-taught and available at the Bachelor’s, Master’s, and Doctorate levels. All levels have an international focus, preparing you for an international career. Undergraduates have the opportunity to study abroad to learn about international cooperation and experience it first-hand.

Students from EU/EEA countries and Switzerland enjoy tuition-free education at AU. However, you are still subject to pay an application fee of DKK 750 to cover administrative costs.

5. University of Ljubljana

  • Free Tuition Fee Link
  • Free to: Students from EU countries, Switzerland, Iceland, Norway, Liechtenstein, Bosnia and Herzegovina, North Macedonia, Montenegro, Serbia, and Kosovo

The University of Ljubljana (UL) is the largest institution for higher education in Slovenia, welcoming more than 39,000 students every year. It is also the oldest university in the country and has embedded its rich heritage, culture, and tradition in the education it offers. UL is a top destination for international students because it teaches most programs in English.

UL offers Economics programs at the Bachelor’s, Master’s, and Doctorate levels. Students have the option to study in either English or Slovene. UL aims to train students to become leaders who occupy top positions in society. Hence, the programs are very selective and accept only a few students from thousands of applications received every year. Accepted students have the opportunity to study abroad and earn double degrees.

Students from EU countries are qualified for tuition-free Bachelor’s and Master’s studies at UL. The university also offers tuition-free studies for students from countries with which the Republic of Slovenia has a bilateral agreement, including Bosnia and Herzegovina, North Macedonia, Montenegro, Serbia, and Kosovo. However, you must be studying full-time to benefit from this. Part-time students are required to pay the tuition fees.


I hope that this article on Free Economics Schools with No Tuition was helpful. Make sure to also check out the Available Programs in Europe!

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