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About Program in Economic and Public Policy (PEPP)

PEPP is an 18-months master’s program, taught in English, which offers a Master of Arts in Economics degree. PEPP is best suited for international and Japanese students wishing to acquire expertise in economics and cutting-edge econometric analysis of economic issues in developing/developed countries. Upon successful completion of all requirements of PEPP, students will receive a degree of Master of Arts in Economics from the University of Tsukuba.

Participants from previous cohorts have taken up prestigious positions back in their home countries, some as policy managers, others as researchers or scholars in academic institutions. We expect, together with our sponsoring institutions, the World Bank and the Asian Development Bank, many more talented and motivated professionals to join us and to apply their newly enhanced knowledge and skills to help accelerate the pace of economic and social development in their countries.

In PEPP , there are two tracks: PEPP World Bank/Asian Development Bank Scholarship (PEPP WB/ADB Scholarship) Track and PEPP General Track. The PEPP WB/ADB Scholarship Track is for those who succeed in obtaining scholarships from the World Bank or the Asian Development Bank. Students of PEPP General Track may be self-financed, or obtain scholarships from the Japanese government (MEXT scholarship)or any other organizations. The academic program is the same for these two tracks, the only difference being the source of funding.


The Origins of the Program

The PEPP started out in 1995 as the Master’s Program in Policy Management and it was part of the Graduate School of International Political Economy of the University of Tsukuba. From the beginning it was conceived as a trans-disciplinary program aimed at mid-career professionals in developing and transition economies. Following a restructuring of the Graduate Programs at the University of Tsukuba in 2009, the Program was renamed Master’s Program in Economic and Public Policy Management (PEPPM) and became embedded into the new Graduate School of Humanities and Social Sciences. While keeping its trans-disciplinary character, the existing options for new scholars were expanded by the creation of two lines of teaching and research: the Course in Economic Policy and the Course in International Public Policy, a structure that has been kept until 2015. In the past 20 years, the Program has received successive cohorts every two years, 10 in all, for studies lasting two years. Nearly 100 scholars from developing countries have been supported by scholarships from the Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP). The JJ/WBGSP is a program established with funding from the Government of Japan and administered by the World Bank Institute. Other PEPP scholars previously received support from the Inter-American Development Bank and the African Development Bank our Master’s Program received their support as well. In 2009 the PEPPM concluded successful negotiations with the Asian Development Bank and, starting from its ninth cohort, it has also received support from the ADB-Japan Scholarship Program (ADB-JSP).

The PEPP Now

In 2015 the PEPPM was restarted and restructured. The Master’s Program in Economic and Public Policy (PEPP), now receives new students every year in October for an 18-month Master’s program. The three changes-yearly admission, decrease of the length of the Program from 2 years to 18 months, and the October entrance-are intended to make the Program more dynamic and better adjusted to the expectations of an increasingly global student body. Some things will not change: the Program keeps its trans-disciplinary character as well as its primary target on mid-career professionals with a solid university education and working experience in areas related to policymaking. The Program is determined to maintain its well-deserved reputation, particularly in imparting a considerable amount of knowledge and skills in a relatively short span of time, and striving to ensure that its participants are highly motivated and to possess the necessary level of intellectual maturity. We also expect our students to have a clear view of the problematic of their countries, in particular in the context of the current environment of globalization and accelerated technological change.


The Program in Economic and Public Policy aims at candidates who need sound knowledge of economics in making policy decisions. The Program was established with the specific goal of reaching out to a wider group of professionals in developing countries.

PEPP is a Special English Program and all courses are offered in English. PEPP is integrated into the curriculum of the Graduate School of Humanities and Social Sciences of the University of Tsukuba and, more specifically, into that of its Master’s Program in International Area Studies. Upon successful completion of all requirements of the Program, participants will receive the degree of Master of Arts in Economics from the University of Tsukuba.

What’s PEPP



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