M3EP Erasmus Mundus Program in European Environmental Economics and Policy

The M3EP Erasmus Mundus Joint Master’s in European Environmental Economics and Policy is an interdisciplinary two-year master’s degree taught in English, designed to equip students with deep analytical and practical skills at the nexus of environmental economics, policy design, and political science. This M3EP Erasmus Mundus programme integrates economic reasoning with environmental governance tools to prepare graduates capable of tackling complex sustainability challenges facing European societies and beyond, including climate policy, ecological transition, and regulatory innovation.

Delivered by a consortium of five 4EU+ Alliance universities, the master’s stands out for its structured mobility, enabling students to study in multiple European countries over the course of 120 ECTS. Graduates emerge with a solid foundation in both theory and practice, ready to support public institutions, research organisations, or international agencies in formulating environmentally sound and economically viable policies.

FeatureDetails
Programme NameErasmus Mundus Joint Master’s in European Environmental Economics and Policy (M3EP)
Duration2 academic years (120 ECTS)
Degree TypeJoint Master’s Degree
Language of InstructionEnglish
Study ModelYear 1 at University of Copenhagen, Year 2 at selected partner university for specialisation
Scholarship TypeErasmus+ Joint Master Funding and Consortium Scholarships
Academic FocusEnvironmental Economics & Policy, European Green Transition
ItemDetail
StatusOngoing
Start Date01 October 2024
End Date30 November 2030
Action TypeErasmus Mundus Joint Master Degree (EMJM)

The programme is delivered by a consortium of leading European universities:

UniversityCountry
University of CopenhagenDenmark
Heidelberg UniversityGermany
Università degli Studi di MilanoItaly
Charles UniversityCzech Republic
University of WarsawPoland
YearLocationAcademic Components
Year 1Denmark (University of Copenhagen)Core programme: Environmental Economics and Policy in Europe (60 ECTS)
Year 2Specialisation at one partner universityAdvanced tracks including: Advanced Environmental Economics (Heidelberg), Comparative Environmental Policy (Heidelberg), Climate Change and Energy Economics (Milan), Policies and Politics of Green Transition (Prague), Economics of Green and Just Transition (Warsaw) (60 ECTS)
Optional MobilityN/AJoint theses and employment workshop

The M3EP Erasmus Mundus programme fosters strong academic and professional networks across Europe, enhancing students’ exposure to environmental research centres, public policy think-tanks, EU institutions, and sustainability consultancies. These links support contextual learning and open pathways to internships or collaborative projects in environmental economics and policy analysis.

Applicants to the M3EP Erasmus Mundus must meet the following criteria as specified by the consortium:

  • Completed or in final semester of a relevant Bachelor’s degree (economics, environmental studies, political science, or related fields)
  • Fulfil joint admission requirements established by the partner institutions
  • Demonstrate English language proficiency via recognised tests or equivalent documentation
  • Meet language proficiency documentation requirements if degree not fully conducted in English
  • Bachelor’s degree certificate or proof of expected completion
  • Official academic transcripts
  • Evidence of English language proficiency (IELTS, TOEFL, or equivalent)
  • Curriculum Vitae
  • Motivation letter
  • Passport identification page
  • Additional documentation as required by the application portal
  1. Access the official M3EP Erasmus Mundus application portal
  2. Create an application profile and enter personal and academic information
  3. Upload all required PDF documents in English format
  4. Review and submit application before the published deadline
  5. Await selection outcome; some applicants may be contacted for additional evaluation

Apply Now!

Application Timelines change each year. Please visit the official website of the Program to confirm the exact timeline.

StageTimeline
Applications Open15 November (non-EU/EEA/Swiss); 16 January (EU/EEA/Swiss)
Application Deadline15 January (non-EU/EEA/Swiss); 1 March (EU/EEA/Swiss)
Selection and ReviewApril
Final Results NotificationMay – June
Programme StartSeptember
  • Erasmus+ funding covering tuition and participation
  • Monthly stipend of up to €1,400 for 24 months for eligible scholarship holders
  • Tuition fee waiver for scholarship recipients
  • Support for mobility and living costs depending on eligibility criteria
  • Clearly articulate motivation for studying environmental economics and policy
  • Highlight relevant academic projects, research, or internships
  • Demonstrate strong analytical and interdisciplinary interests
  • Ensure all documents are professionally prepared and error-free
  • Prepare for possible communication with programme coordinators

Graduates of the M3EP Erasmus Mundus programme describe the experience as rigorous and highly international, emphasising the value of cross-cultural immersion and interdisciplinary training. Alumni often pursue roles in government agencies, consultancies, research institutions, and international organisations focused on sustainability and environmental policy.

Who is eligible to apply for the M3EP Erasmus Mundus Program?

The M3EP Erasmus Mundus Program is open to students from all countries who hold a relevant undergraduate degree and meet the language requirements. Both EU and non-EU candidates can apply for admission and scholarships.

Is funding available for the M3EP Erasmus Mundus Program?

Yes, fully funded Erasmus Mundus scholarships are available, covering tuition fees, travel costs, and a monthly living allowance. Students can indicate their interest in the scholarship during the application process.

Can I choose where to study during the M3EP Erasmus Mundus Program?

Yes, all students begin at the University of Copenhagen for the first year and then select a specialization at one of the partner universities for the second year, allowing for academic and geographical flexibility.

What kind of career opportunities does the M3EP Erasmus Mundus Program prepare me for?

Graduates typically work in international organizations, environmental consultancies, government agencies, NGOs, or pursue PhDs. The interdisciplinary nature of the M3EP Erasmus Mundus Program opens doors to a variety of green policy and economic analysis roles.

What language is the M3EP Erasmus Mundus Program taught in?

All courses in the M3EP Erasmus Mundus Program are taught in English. Applicants must submit valid proof of English proficiency as part of the application.

Can I apply to the M3EP Erasmus Mundus Program while still completing my undergraduate degree?

Yes, you can apply if you expect to graduate before the program starts. However, you must provide evidence of graduation before enrollment.

Is prior experience in environmental policy or economics required for the M3EP Erasmus Mundus Program?

While it is not mandatory, having a background or interest in environmental issues, economics, or public policy will strengthen your application and improve your chances of selection.

What makes the M3EP Erasmus Mundus Program unique compared to other environmental programs?

The M3EP Erasmus Mundus Program stands out due to its joint degree structure, mobility across five top European institutions, fully funded scholarships, and a curriculum tailored to the green transition and sustainable policy-making.