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 first 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)

The course offer displayed is for the current academic year (2020-21). Course offer is subject to change.

Term 1: Tools (September - December)

All courses in the fall term are mandatory.

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 Alexandre de Streel
Quantitative and Statistical Methods I 6 Javier Gómez Biscarri

Term 2: Core (January - March)

Course Title Credits Professor(s)
Mandatory courses:
Economics of Competition Policy 6 Massimo Motta
Chiara Fumagalli
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
Elective courses (choose from 0 to 3 ECTS):
Foundations of Data Science 3 Omiros Papaspiliopoulos (TBD)

Term 3: Practice (April - June)

Course Title Credits Professor(s)
Mandatory courses:
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 Invited Lecturers
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
Elective courses (choose from 0 to 3 ECTS):
Digital Economy 3 Rosa Ferrer
Juan-José Ganuza
Antonio Penta
Social Economics 3 Giacomo de Giorgi
Ada Ferrer-i-Carbonell

Master's degree awarded

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

All Barcelona GSE Master's 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”).

Quality indicators

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
  • Government & Authorities
  • Financial Services
  • Research & Academic Institutions
  • Other Industries

Examples of recent professional placements:

  • Charles River Associates (CRA) - Consulting Associate - London, United Kingdom
  • CNMC - Internship - Madrid, Spain
  • Compass Lexecon - Analyst - Brussels, Belgium
  • Competition Market Authority - Assistant Economist - London, United Kingdom
  • E. CA. Economics - Economist - Berlin, Germany
  • Frontier Economics - Analyst - Madrid, Spain
  • Global Economics Group - Consulting Project Manager - Mexico City, Mexico
  • GPR Economía S.A - Consultant - Buenos Aires, Argentina
  • KPMG - Competition Economist - Madrid, Spain
  • Mexican Competition Authority (COFECE) - Deputy Director of Technical Analysis - Mexico City, Mexico
  • NERA - Research Officer - Madrid, Spain
  • RBB Economics - Analyst - London, United Kingdom
  • Vivid Economics - Senior Economist - London, United Kingdom

More information about alumni career paths



Competition Student Profile 2020-21

14 students from 10 countries (93% international)

Most represented countries this year:

  • Italy (3)
  • United Kingdom and Peru (2 students each)

Most common undergraduate backgrounds:

  • Economics


Competition alumni career paths

An overview of Competition career paths for recent cohorts (Class of 2017, 2018, 2019)

  • Most Competition alumni (97%) enter or return to the professional work force
    3% 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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    José Manuel Cebrián '17

    Senior Economist, KPMG
    Originally from
    Currently living in
    The Master's has given me an outstanding specialization in the application of economics and econometrics to quantify damages arising from antitrust infringements as well as the analysis of business strategies or the application of pricing and competitive pressure tests. Moreover, it has provided me an excellent ability to manage statistical programs and an impressive ability to produce accurate and coherent written work, skills that are desirable in economic consulting.
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    Borbala Szathmary

    Borbála Szathmáry '11

    Director of Economics
    Originally fromHungary
    Currently living inUnited Kingdom
    It's a very good and well-regarded program. The quantitative course was particularly helpful in that it covered techniques that are routinely used in competition cases. I still go back to my notes time to time when working on new issues.