Master's Degree in Specialized Economic Analysis: Competition and Market Regulation Program

Program Director


Rosa Ferrer

PhD, Vanderbilt University

UPF and Barcelona GSE

Scientific Director


Massimo Motta

PhD, Université Catholique de Louvain

ICREA-UPF and Barcelona GSE; former Chief Competition Economist, European Commission

As competition policy becomes increasingly relevant in public and private sectors, there is a great need for professionals equipped to address Competition Policy and Market Regulation issues.

The highly practical focus of our Competition and Market Regulation Program ensures that graduates have both an advanced understanding of the interaction between theory and practice as well as the qualifications necessary for solid placement in the field.

The Barcelona GSE Competition and Market Regulation Program presents students with a learning progression, starting from the basic necessary conceptual frameworks and economic tools, and then introducing core issues in Competition Policy and Market Regulation with the help of leading specialists in each field.

Students themselves will examine real-world competition policy cases and demonstrate how regulation works across specific industries such as banking, energy, and telecommunications, and will design and conduct an independent master's project in their domain.

Students will have a wealth of opportunities to complement their coursework with conferences and seminars in various fields of specialization. Chief among these is the Regulation and Competition Seminar Series, organized by the Universitat Pompeu Fabra (UPF) Department of Economics and Business, the Comisión del Mercado de las Telecomunicaciones (CMT), and the Barcelona GSE. Seminars feature academics, regulators, and practitioners at the forefront of their fields discussing specific issues and presenting original research. In addition to providing a range of regulatory issue perspectives, seminars also give students the opportunity to network with top professionals in the industry.

Study with the experts

Teaching faculty include industry experts such as Massimo Motta, former Chief Competition Economist at the European Commission. Professor Motta has been involved with the master program since its foundation and brings many years of experience both in the classroom and in the practice of competition policy.

Program schedule: 

  • In the Fall Term, students have the opportunity to take a Maths and Statistics brush-up course. This is not mandatory but highly recommended to assure a smooth start.
  • A master project, which will be supervised in regular meetings with an advisor, will allow students to put their knowledge into practice and improve their writing and exposition skills.
  • Students must complete 60 ECTS (a total of 13 mandatory courses and 1 elective course, to be taken either in the Fall or Spring Term)

Course offer is subject to change.

Fall Term: Tools (September - December)

Course Title Credits Professor(s)
Microeconomics (Markets, Strategies and Information) 6 Pau Olivella
Ramon Caminal
Industrial Organization 6 Christian Michel 
Sandro Shelegia
Elements of Competition Law 3 Cani Fernández
Quantitative and Statistical Methods I 6 Javier Gómez Biscarri
Foundations of Data Science 3 Omiros Papaspiliopoulos

Winter Term: Core (January - March)

All courses in the winter term are mandatory.

Course Title Credits Professor(s)
Economics of Competition Policy 6 Massimo Motta
Jorge Padilla
Quantitative Methods of Market Regulation 3 Albert Banal
Quantitative and Statistical Methods II 6 Helena Perrone
Frank Verboven
Economics of Market Regulation 3 Gerard Llobet

Spring Term: Practice (April - June)

Course Title Credits Professor(s)
Master Project 6 Miguel Espinosa
Competition Policy Cases 3 Adina Claici
Benoît Durand
Competition in Regulated Markets 3 Iñigo Herguera
Natalia Fabra
Current Competition Policy Issues 3 Massimo Motta
Policy LessonsPolicy Lessons are shared by all programs in the Master's in Specialized Economic Analysis. Students must choose two Policy Lessons among those organized by any of the programs (Competition, EPP, ITFD, and Macro) 3 Carlo Cambini
Digital Economy 3 Massimo Motta
Juan-José Ganuza
Rosa Ferrer
Gregor Langus
Social Economics 3 Giacomo de Giorgi
Ada Ferrer-i-Carbonell

Master degree awarded

Upon successful completion of the program, students will receive a Master Degree in Specialized Economic Analysis awarded jointly with Universitat Autònoma de Barcelona (UAB) and Universitat Pompeu Fabra (UPF).

All Barcelona GSE master degrees have been recognized by the Catalan and Spanish Education authorities within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”). Indicadors de qualitat

What skills and knowledge will I acquire in this program?
  • Orderly thinking in Economic concepts, especially Microeconomics, Industrial Economics, Information Economics, Game Theory, and Strategic Behavior
  • Confidence in the fundamentals of competition law and its history
  • Understanding of theory and models of regulation, and in particular the basic regulatory frameworks of main industrial sectors
  • Ability to publicly present cases, and development of analytical skills for discussion and argument from different points of view
  • Communication through written technical reports containing real data analysis, analysis of economic literature, and selected project themes
  • Expert subject knowledge in discussion of formalized theory on competition policy 
Who will benefit from this program?
  • Students with a background in Economics or Business with a strong interest in microeconomics
  • Graduates in Engineering or Law who want to build their knowledge of economics, markets, and organizations
  • Workforce professionals seeking in-depth training in competition and market regulation policies
  • Researchers or professionals at antitrust authorities looking for advanced techniques and tools
  • Aspiring PhD students looking for a rigorous economic master program in Competition Policy and Market Regulation
Who hires Competition graduates?
  • Consulting Firms
  • Financial Services
  • Government & Authorities
  • Research & Academic Institutions
  • Other Industries

Examples of recent professional placements:

  • Autorità de la Concurrence - Assistant Economist (Paris, France)
  • Compass Lexecon - Analyst (Brussels, Belgium)
  • Competition and Markets Authority (CMA) - Assistant Economist (London, United Kingdom)
  • Federal Competition and Economic Commission - Legal Director in M&A Division (Mexico City, Mexico)
  • GPR Economía S.A - Consultant (Buenos Aires, Argentina)
  • KPMG - Competition Economics (Madrid, Spain)
  • Nera Economic Consulting - Research Officer (London, United Kingdom)
  • NSW Treasury - Policy Analyst (Sydney, Australia)
  • Turkish Competition Authority (TCA) - Competition Expert (Ankara, Turkey)

Examples of recent Competition PhD placements:

  • University of Genova (Genova, Italy)
  • University of Mannheim (Mannheim, Germany)

Download first placement results for recent Competition graduates



Competition Student Profile 2019-20

17 students from 11 countries (77% international)

Most represented countries this year:

  • Spain (4)
  • Italy (3)
  • Mexico (2)

Most common undergraduate backgrounds:

  • Economics and Finance
  • Business Administration, Law


Competition alumni career paths

An overview of Competition career paths for recent cohorts (Class of 2016, 2017, 2018)

  • Most Competition alumni (98%) enter or return to the professional work force
    2% continue their education in a PhD or other post-graduate program
  • Most common industries:
    Consulting, Government and Authorities
  • Cities with most Competition alumni:
    London, Brussels, Madrid, Mexico DF, Barcelona
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    Lorenzo Migliaccio '14

    Senior Associate Economist
    Originally from
    Currently living in
    United Kingdom
    The Barcelona GSE Master in Competition and Market Regulation gave me a solid basis to rest on, sharpening my technical accuracy and enriching my competences in a cutting-edge economic topic like competition.
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    Aldo Pignataro '13

    PhD Candidate
    Originally from
    Currently living in
    The Master Program gave me some basic tools that I'm currently using in my research. Moreover, it gave me the possibility to get in touch with some prominent scholars who inspired me for what concerns my career and my current research. I will be always grateful to BGSE and maybe I will come back soon or later (but as a researcher).
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    Thembalethu Sithebe '13

    Senior Economist
    Originally from
    South Africa
    Currently living in
    South Africa
    I apply all the skills learnt in the Masters in my every day job. The rigorous theory learnt has helped to set me apart from my peers as I am able to explain difficult concepts in a simple, intuitive manner. It has also provided me with the key tools needed for any competition economist to excel in this field of work.
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    Antonio Massieu '13

    Chief Advisor to the Commissioner
    Originally from
    Mexico City
    Currently living in
    Mexico City
    My position as chief advisor to the Commisioner at the Regulatory Commission of Energy is exactly the job I wanted to have after graduating. Working in a multi-disciplinary environment like this is particularly rewarding for me, since it allows me to develop my legal skills while applying solid economic concepts related to regulation and competition matters in energy markets.
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    Cecilia Nardini

    Cecilia Nardini '13

    Senior Associate
    Originally from
    La Spezia
    Currently living in
    United Kingdom
    The Barcelona GSE master program was strongly recommended to me by my supervisor at Bocconi University and by a friend who had a great experience here. Both pointed out the world-renowned faculty and the relevance and comprehensiveness of the topics covered. Furthermore, at the competition authority I worked for, names of Barcelona GSE faculty or alumni were mentioned regularly as being the leading experts in the field. I then came to Barcelona GSE earlier this year for a professional training and was so impressed with the level of the course that I decided to apply for the master the day after!
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    José Plata Puyana '12

    Originally fromColombia
    Currently living in
    I wish to invite lawyers who practice competition law to supplement their legal knowledge with economics and quantitative tools. Completing the Master in Competition and Market Regulation implies an additional effort for these students who lack a quantitative background, but my experience shows not only that it is doable but also that is a rewarding experience when a competition law practitioner gets to identify that he or she understands the best of both worlds: economics and law.