ASP Presentation

Advanced Studies Program


ASP Teaser


Full-Time and Modular

The Advanced Studies Program has been the start of a professional and personal transformative journey for more than 650 successful ASP participants over a 35 years period. We believe that our courses taught by world-leading economists, the interactions that occur between our multicultural group of participants, and the resources of the Kiel Institute for the World Economy  puts at the ASP's disposal over are ideal for helping those interested in international economic policy research to develop both professionally and personally. Whether you have just finished your Master's degree, whether you are working on your Ph.D. dissertation or whether you seek to gather professional experience as you pursue your career,  there is an ASP program tailor-made to your needs.

The Advanced Studies Program selection committee is looking for people who seek to contribute actively to the environments in which they live. Aside from proven academic performance, we value collaborative work, intellectual curiosity, and the desire to be challenged by research and research-based solutions for reliable economic policies.

Dates and Deadlines

The Advanced Studies Program starts on August 16, 2021 and ends on May 30, 2022.

Admissions are still accepted. Please apply as early as possible in order to have enough time to arrange logistics.

Admission requirements for participation are:

A Master degree (or equivalent) in economics or a related field of study;

Proficiency in English as working language.

Applicants are asked to:

  • complete and return the enclosed Application Form;
  • document their university degree (applicants who have not yet completed their university examination, are requested to document the results which they have already obtained);
  • provide a letter of recommendation (university professor, supervisor or manager at the company or institution of employment familiar with the applicant's work). The letter must be sent by the recommender directly to the Kiel Institute to the following address:
  • submit a sample of their written work (a B.A. or Master thesis; a seminar paper or professional report)
  • a recent CV
  • The number of participants is limited to 25. Up to 20 participants will be selected in the light of their personal records for the ASP fulltime program. The tuition fee is Euro 8.200.--


Partial and complete scholarships are available to qualified applicants. Talented students in need of financial aid may apply for a select number of scholarships which cover the tuition fee and include a monthly stipend for living expenses. Those requesting a scholarship should indicate this on their Application form.


Select One Course

The Kiel Institute offers the possibility of attending selected courses of its Advanced Studies Program. Participants are expected to take care of accommodation themselves (the Kiel Institute provides names and prices of nearby hotels upon request). There is no application deadline, but early application is recommended. Students may apply for low-price accommodation at the Institute’s student residence. Participation in course exams is possible (6 credit points for a two-week course, 3 credit points for a one-week course).

Should you have any further questions, please contact: 
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Please complete the Application Form below if you want to join and upgrade your knowledge.

The ASP gave me the opportunity to improve my research skills by interacting with great junior researchers and senior scholars.

European Central Bank

Juan, European Central Bank

Our Guest House

House Weltclub

The Kiel Institute offers a number of accommodation facilities in its nearby Residence “Haus Weltclub”. Located directly on the waterfront and providing great views of the Kiel Fjord, "Haus Weltclub" hosts participants of the IfW's education programs as well as visiting guests from all over the world.

The Residence is within a two-minute walking distance of the IfW. Accordingly, the Residence is very much appreciated by both, students and Junior Staff Members of the Institute.

Average monthly Expences

Room rental at "Haus Weltclub" (incl. utilities, charges & Wifi):
227,50 - 287,50 €

Health Insurance for Non-EU nationals:
31-59 €

~300 €

Mobile Phone Contract:
~10 €

Bank Account Fees:
0-5 €

Bus Pass (from Oct.-Mar.):
9,25 €

Daily Costs

Bus Ticket:
2,60 €

Meals in a Café:
~12,50 €

Coffee or Tea:
~2,50 €

Generous Lunch at the State Parlament:
~5,00 €

Ocassional Expences

Gym Membership at the University (per year):
100 €

Bike Purchase:
50 €

Approx. total needed per month:

600-700 €

Part of my role as ASP Alumni Coordinator is to meet-up with the ASP Alumni from all over the world. One thing that alumni always say to me is that their ASP year in Kiel was one of the best years of their lives!

Harmen Lehment
Former Director, ASP Alumni Coordinator

Harmen Lehment (Former Director, ASP Alumni Coordinator)