TOKYO
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Faculty of Economics, Keio University
https://www.econ.keio.ac.jp

AccessIkebukuro
Shinanomachi

Shinjuku

Sagami-Ono

Suidobashi
Akihabara■ …MITA Campus

Chuo-Rinkanata
tam awag

Fu

Shonandai

AzaminoHiyoshi

in
Sh a
m
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ko
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zaw i
Ha kudaoa-kam

Yamato

Yo

koh

Yo

Nakayama

MusashikosugiKokuritsuKyogijo

Tokyo
OnarimonShibuya

Shimbashi
DaimonMeguro Akabane
bashi

KikunaMita
GotandaTsujidoFujisawa

Totsuka

Yokohama

Keikyu Kamata

Hamamatsucho
ShinagawaTamachi■ …HIYOSHI Campus■ …YAGAMI Campus■ …SHINANOMACHI Campus■ …SHONAN FUJISAWA Campus■ …SHIBA-KYORITSU Campus

Haneda Airport

慶應義塾大学

経済学部

Faculty of Economics,
Keio University

Admissions Procedures for the PEARL Programme
https://www.keio.ac.jp/en/admissions/undergraduate/pearl/index.html

Admissions Procedures for International Students
https://www.keio.ac.jp/ja/admissions/international-students/ (Japanese)

Keio University International Center
http://www.ic.keio.ac.jp/en/
Scholarship Information for International Students
http://www.ic.keio.ac.jp/en/life/scholarship/intl_student.html
Housing Information for International Students
http://www.ic.keio.ac.jp/en/life/housing/ryu_boshu.html

Social Media
Facebook
https://www.facebook.com/keioglobal/
Instagram
https://www.instagram.com/keio_university/
YouTubehttps://www.youtube.com/user/keiouniversity

ｗｗｗ.keio.ac.jp/en/

Keio University
2-15-45 Mita, Minato-ku, Tokyo 108-8345 Japan
2023.06

Faculty of Economics, Keio University

Teaching motivated students how to think using economics
Our goal is to turn out leaders that thrive in a world with increasing uncertainty and diversity.
Towards this end, our curriculum is designed to give students both knowledge and the ability to think logically.
EnglishChineseLanguages

Japanese

FrenchGender and Sexuality

Historical Perspectives in
Economic Analysis

Life Sciences

Liberal Arts

Economic History

GermanSpanishPsychology

Deep knowledge andan ability to think thoroughly

History

Hiyoshi Campus

Gerontology

Economic History of Japan

Business
Management

Campus, where they study liberal arts and the basics of
economics. The PEARL curriculum initially focuses on the

Introductory
Economic History

analysis of contemporary economies and economic history,

Economic
TheoryEconomic
PolicyMita Campus
Students spend their third and fourth years at the Mita
Campus. The curriculum at Mita is characterized by diversity,

Labor
Economics
Health Economics

with a wide range of courses covering almost all of the fields

Macroeconomics

of economics. Students can deepen and broaden their study

Environmental
Economics

European Economy

Urban Economics

Introduction
to Economics

Microeconomics

Mathematics

Linear Algebra

Economy andSociety /Environment

Calculus
Econometrics

Japanese Economy
Introduction to
Econometrics

Banking and
Financeto lecture classes.

Statistics

Macroeconomics

Public Economics

by taking part in distinct types of small-size classes in addition

study in their third and fourth years.

Economics andEnvironment

Industrial
Organization

A curriculum that oﬀers awide variety of options

and prepares students for a more specialised and advanced

Demography
Mathematics for Economics

3 Pillars of Professional Education
1 Research Seminar

2 Independent Research Project

3 PCP（Professional Career Programme）

A long tradition of professional education
courses offered in small classes. Students
study in depth in a specialized field for 2
years under the guidance of a specific faculty
member and put together the results of theirstudies in a graduation thesis.

Independent research course in which
students set their own theme and write athesis over the course of one year. Research
can be conducted not only in economics but
also in other fields.

A small-group professional education course
offered entirely in English. Students learn
specialized knowledge and experience
project-based classes.

02 Faculty of Economics

Economic History of Europe

Game Theory

Behavioral
Economics

Students spend their first and second years at the Hiyoshi

Economic Historyof Asia

Microeconomics
Econometrics

History of Social
Thought

Economic
History

Geography

The World
EconomyChinese Economy

GIS(Geographic Information Systems and Science)

International
Business

International FinanceInternational Economics

New certiﬁcate programs
established in 2022

Introduction of 3.5-year
Early Graduation System

Two certificate programs have been launched: DEEP
(Data-driven Economics and Econometrics
Programme) on data science and FACTS (Fieldwork
for Active Comprehension of Targeted Subjects) on
field research. We nurture individuals who can play
an active role in fields of high social demand.

A 3.5-year early graduation system has been put in place since the 2023 academic
year, which allows students to graduate after 3.5 years (7 semesters) of enrollment.
Objective•To encourage April enrollees (Type AB students) to pursue their graduate studies abroad•To encourage September enrollees (PEARL students) to find employment in Japan•To implement an internal 5-year BA/MA programme of 3.5 years + 1.5 years in collaboration with
the Graduate School of Economics
Keio University 03

Learning Economics in English in JAPANLearning Economics in English in JAPAN

Programme in Economics for Alliances, Research and Leadership
The PEARL programme aims todevelop leaders who can build
economic alliances in Asia andbeyond, and who will make theFaculty of Economics at Keio a
global hub of education andresearch partnerships.

By following Keio’s tradition of“han-gaku, han-kyo” (learning while
teaching, teaching while learning),
professors and students produce
intellectually stimulating research.

PEARL was founded tofoster true global leaders.

As intended by our founder, Yukichi
Fukuzawa, our graduates come from allover the world to become people whowill shape the future.

Admission
https://www.keio.ac.jp/en/admissions/undergraduate/pearl/•Three application periods between October and April•No interview conducted. No need to come to Japan for the exam.
Application Documents

Just like a pearl oyster covers a grain of sand with manylayers of nacre to create a pearl that grows in beauty andlustre, the name of our programme, PEARL, reflects our goalof nurturing students with keen minds through the highest
standard of learning.
By offering a world-class education in advanced economics
in English, students from Japan and around the world caninteract and learn together. PEARL is designed to foster the
global leaders of tomorrow.

1 Academic Background Brief Self Introduction
2 IB/SAT/ACT
3 TOEFL/IELTS
4 Written Statement of the Applicantʼs Academic and Future Goals
5 Letter(s) of Reference
6 High School Graduation Certificate (or a document certifying expected graduation)
7 High School Academic Transcripts
8 Document Confirming Applicantʼs Identity
9 Other optional materials, including standardised national examination scores

1

2

3

4

5

6

All-English Programme thatstarts in September

Learning the essentials of
economics

Fulfilling options forstudying abroad

BA/MA Five-Year
Programme

Campus life in Tokyo andKanagawa

Admission to PEARL is limited to 100
students each year. PEARL is an
all-English four-year elite BA programmein economics with an academic year thatbegins in September.

The first two years of the PEARL
programme at our Hiyoshi Campus aredesigned to provide students with astrong grounding in the fundamental
knowledge necessary to pursue theirindividual paths of study. Students thengo on to study at our Mita Campus fortheir third and fourth years to develop
their expertise and broaden their learning.

A research system that enables
you to deepen your understandingof your field of interest

We have a wide variety of study abroad
programmes, such as the Double Degree
Programme where students are awarded
degrees from both the Faculty of Economics at
Keio and a partner university by satisfying thegraduation requirements of both institutions,and BA/MA Five-Year Programme wherestudents are awarded a bachelor’s degreefrom Keio and a master’s degree from apartner university. Also, we offer faculty-wide
exchange programmes which provide students
with the opportunity to study at an overseas
university for one or two semesters.

The Faculty of Economics has
agreements with HEC Paris (France),
Sciences Po (France), Bocconi University(Italy), the University of Cologne(Germany), Brandeis University (USA) andthe Stevens Institute of Technology (USA)for the BA/MA Five-Year Programme.
Students of the Faculty of Economics’
PEARL programme who satisfy thegraduation requirements are awarded a
BA in Economics degree from Keio and amaster’s degree from a partner university.

Japan is one of the safest countries in theworld. Tokyo and Kanagawa, located incentral Japan, are part of a large
metropolitan area that has easy access tomany places not only in Japan, but also in
the rest of Asia. The Faculty of Economics
at Keio has campuses in both Tokyo andKanagawa, and its students benefit fromthe convenience of these urban areas.

04 Faculty of Economics

The pursuit of small-group education is afeature of Keio University. In the Faculty of
Economics, small group education
includes Research Seminars andIndependent Research Projects where
you can devote yourself to completing a
research thesis on your topic of interest.

Keio University 05

Studying economics at Keio University and partner universities abroad

Be a leader who utilises his / her knowledge of economics
on the world stage
Italy / Università Bocconi

U.S.A / Brandeis University

Germany / University of Cologne

The Faculty of Economics has three different types of study abroad programmes which are available only to students in the Facultyof Economics: faculty-wide exchange programmes, double degree programmes, and BA/MA five year programmes.
The flow of those three programmes are shown below.
The following chart applies to PEARL students who start an academic year in September.
(Students who passed other types of admission examinations enter university in April.)https://www.econ.keio.ac.jp/en/undergraduate/abroad©Università Bocconi

Academic Year Starts
in September©Brandeis International Business School

Bachelor's Programme
YEAR©University of Cologne

Master's Programme

1

YEAR

2

YEAR

3

YEAR

4

YEAR

5

YEAR

6

Study at Bocconi

Double Degree ProgrammeStudents who satisfy the graduation
requirements of two universities will be awarded
two Bachelor's degrees; one from Keio
University and one from a partner university.

Study at Sciences Po

Mita Campus
Study at Sciences Po

Student Exchange
Programme (Faculty-wide)● Economic Theory● The World Economy● Economic History● Economy and Society /● Economic Policy

All students study at our two campuses.

Hiyoshi Campus
During the first and second year, in addition to liberal arts,
students will learn the principles of economics.

In our Student Exchange Programme, students
have various choices of host universities,
duration, and timing on their exchange.
We have agreements with a total of 32
universities in North America, Europe and Asia
(as of April, 2023).

All Double BA graduates will automaticallybe entitled to be admitted to a Master’s
Programme at Sciences Po.

In the third and fourth year, students study specialised subjects.
Five main specialised fields are:Environment

Students have three major options for a specialised study:
Research Seminars, Independent Research Projects, and theProfessional Career Programme (PCP).

At Keio, applications for the Master’s Programmes will
follow the usual procedures and admissions will follow
the usual rules.
The Faculty of Economics
and the Graduate Schoolof Economics, Keio
University also have theirown BA/MA 5 Year
Programme.

● Introduction to Economics● Languages● History● Mathematics

Student Exchange
Programme

Students can choose a duration of one year or one semester, and when to
start their study abroad: from their second year, third year, or fourth year.

The Graduate School of Economics, Keio University
offers Double Master’s Degree Programmes with
Brandeis University and CEMS.

● Liberal Arts

BA/MA 5-Year ProgrammeStudents who satisfy the graduation
requirements will be awarded a Bachelor of Arts
in Economics from Keio and a master's degreefrom a partner university in five years.

Study at a partner institution
France / HEC Paris©HEC Paris

06 Faculty of Economics

France / Sciences Po

Part of BA/MA programme with Bocconi University,
Brandeis University, HEC,
Sciences Po, Stevens Institute of Technology and the
University of Cologne.

©Martin Argyroglo Sciences Po

Keio University 07

Life in Tokyo

Student Voices

Learn and live in central Tokyo

Messages from
Double Degree Programme Participants

Academic fees:

1,378,350 YEN (First year)

Learning with family-like peers in
an English-French speaking environment

The journey of challenges towards my dream to
improve inequalities

My interest in international relations and my will to study at a
grande école specializing in political science brought me to takepart in the Double Degree Programme with Sciences Po. Given
the English-French bilingual experiences in my childhood, I wasSpending eight years of my early education in India, I grew up
seeing the harsh realities of various social issues and conceiving
diverse points of views in response to it. However, despite mydiverse background, I still lack knowledge and experience toalso attracted by an environment using English on campus andFrench in daily life. With many opportunities for developing myactive learning skills such as reading assignments, presentations
and debates, I am enjoying exciting days with family-likeclassmates from across the globe in a small campus consisting ofapproximately 160 students per grade.

become a true global soul. Through the Double Degree Programmewith Sciences Po, I have been truly privileged to learn and utilize
argumentative techniques with diverse student bodies without
feeling confined by borders, making everyday a filled journey ofchallenges. Moved by the underlying caste systems and hugeinequalities I witnessed in India and my helplessness against it, I
wish to work for underprivileged communities to make smallchanges to social inequalities in the future.

Although it is said that commodity prices in Japan are unusually high, students can find ways to keep
their costs down, for example by taking advantage of the university’s facilities. There are several
cafeterias on the Hiyoshi and Mita campuses, which provide delicious and reasonable dishes. If you arelooking for a place to stay, don’t forget to check out the Keio University dormitories.
https://www.keio.ac.jp/en/student-life/housing.html

AccessTrains run directly to the
Hiyoshi Campus andHaneda Airport
from the Mita Campus.

Students in the Faculty of Economics study at two
campuses in the greater Tokyo area; the Mita Campus andthe Hiyoshi Campus. It only takes 17 minutes to get to theMita Campus from Tokyo Station, and the Hiyoshi Campus
is about 35 minutes away from the Mita Campus. Tokyo
Metro or JR Line, and city buses are available for

Narita Airport

transportation.

Tokyo 17 min

TOKYO

Shinjuku
ShibuyaRoppongiTokyo

HIYOSHI

Haneda Airport 25 min

Shinagawa

MITA

Joined in AY 2021

Joined in AY 2021

Satoshi Ishida

Mirei Kataoka

Messages fromPEARL Student

Haneda Airport

My PEARL Life at Keio

Narita Airport 60min

Keio Living Expenses(rough estimate based on the 2022 Fact sheet)

Miscellaneous ¥15,000

My passion for the Japanese culture, especially the cuisine andfashion, led me to Japan. As I wanted to pursue economics, Keio’s
PEARL was the most attractive destination. In addition to the rigorous
curriculum, PEARL provides many other opportunities such as double
degree programs with other world class universities and a path to the
CEMS program.
One aspect I like about PEARL is the liberty to take classes from otherfaculties as well as those offered by the International Center. I enjoy

Food ¥45,000

Commute ¥8,000
Hobbies, Entertainment¥10,000

Enrolled in 2019

Maryann Gicheru¥130,000
per month

taking courses that are in areas of my interest such as in philosophy,
fashion, and the arts.
During my first and second years, I also participated in an international
exchange session organized by the Institute of International Relations.
This gave me the pleasure of meeting other international students at
Keio.
In the future, I intend to help Japanese companies find projects in
African countries to support. While many companies are willing tohelp alleviate social issues in Africa such as poverty, they often face
the challenge of choosing the right and most efficient path to do so. I
wish to act as a bridge for them to identify projects that align with theirvalues.
I would like to encourage future PEARL students to take advantage ofbeing in this diverse and multicultural environment. This is youropportunity to build networks with students from different countries,
which will endure long even after your student life at Keio.

Utilities ¥7,000

Rent ¥65,000
08 Faculty of Economics

Keio University 09

Career path after graduation

Q&A

The employment rate of the graduates of our faculty is high. A little more than a quarter of graduates (class of AY2022) foundemployment at finance and insurance industries followed by those employed at scientific research / professional and technicalservices as well as information and communications industries.

Employment Data by Industry（As of May 1, 2023）

1.6% Other

A Japanese Firms

1.1%
Manufacturing 8.4%

ASICS Corporation / CyberAgent, Inc. / DAIKIN INDUSTRIES, LTD. / Incubate Fund KK / Institution for a Global Society Corporation /KDDI CORPORATION / Konami Digital Entertainment Co., Ltd. / Marubeni Corporation / Mitsubishi Corporation /Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. / Mitsui Chemicals, Inc. / NEC / Nomura Securities Co., Ltd. / Recruit Holdings Co., Ltd. /Shiseido Company, Limited / SmartNews, Inc. / SMBC Nikko Securities Inc. / TBS Holdings / TV Asahi / WILL GROUP, INC.

Construction

1.8% Civil Service(excluding education)

5.6% Service Industry

International Firms
Information andCommunications

15.0%

24.5%

Scientific research/
Professional and technical services

Transport and Postal Services

Wholesale / Retail

2.2%

9.0%

28.0% Finance / Insurance
28
24
23
19
18
17
16
16
15
14
14
13
13
12
11
11
11
10

18 Nomura Securities Co., Ltd.
1020 SMBC Nikko Securities Inc.
920 Sompo Japan Insurance Inc.
9
20 Fujitsu Ltd.
920 Mizuho Securities Co., Ltd.
920 Mitsubishi UFJ Trust and Banking Corporation
9
25 Goldman Sachs Japan Co., Ltd.
825 Marubeni Corporation
8
27 Ernst & Young ShinNihon LLC
7
27 Mitsui & Co., Ltd.
7
27 Meiji Yasuda Life Insurance Company
730 ITOCHU Corporation
630 SUMITOMO CORPORATION
630 Toray Industries, Inc.
6
30 HAKUHODO Inc.
630 NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION 6
30 MUFG Bank, Ltd.
630 Mitsubishi Corporation
6

37
37
37
37
37
37
37
37
37
37
37
37

（As of May 1, 2023）

PwC Advisory LLC
ABeam Consulting Ltd.
Amazon Japan G.K.
KEYENCE CORPORATION
Citigroup Global Markets Japan Inc.
SoftBank Corp.
DENTSU INC.
NITORI Co., Ltd.
Bank of JapanNIHON L’ORÉAL K.K.
Nomura Research Institute, Ltd.
Mitsui Sumitomo Insurance Company, Limited

5
5
5
5
5
5
5
5
5
5
5
5

Keio University has around 390,000 alumni. Keio’s alumni are known for their sense of solidarity with the university, and many go on
to join Mita-kai, Keio’s alumni association, to befriend and interact with other Keio graduates. Currently there are over 800 domestic
and 75 overseas branches of Mita-kai.

Europe13 branchesAsia

26 branches

Middle East
4 branches

South America
7 branches

Africa3 branches

Oceania
5 branches

10 Faculty of Economics

Taking on challenges in the spirit of
Dokuritsu Jison (Independence and Self-Respect)
The Keio University Faculty of Economics has the longest history in Japan among faculties that specialize ineconomics. Our faculty has been at the forefront of the field in Japan since its establishment in 1890 as the
Department of Economics. Our pedagogy is rooted in the ethos of hangaku-hankyo, or “learning while teaching,teaching while learning,” in which no distinction is drawn between pupil and teacher. We have produced many
outstanding graduates who hold positions in business, academia, politics, government, and other fields.
We are committed to continuously enhancing our curriculum to keep pace with developments both inside and outside
our faculty, responding to society’s demands and training graduates who will take leading roles in economics.

Tetsuya Komagata（As of June, 2022）

18 branches

Message from the Dean

Dean of the Faculty of Economics
Professor

Keio’s Mita-kai - Alumni Network around the World

North America /Central America

Q Do PEARL students go to graduate school?
London Business School / New York University / University of Oxford / Seoul National University / Sciences Po Paris / Syracuse University /The University of Tokyo / UCLA / Waseda University (According to surveys of Class of 2021 and 2022 graduates and their professors)*The % figures in the graph do not necessarily add up to 100% asthey are rounded off to one decimal place.

Top Companies and Organizations for New Graduates Obtaining Employment

Accenture / Amazon Japan / Citibank, N.A., Tokyo Branch / Deloitte Tohmatsu Tax Co. / Deloitte Touche Tohmatsu LLP /EY Strategy and Consulting Co., Ltd. / Ernst & Young Tax Co. / The Goldman Sachs Group, Inc. / Hays Specialist Recruitment Japan KK /Hilton Worldwide / HRnetOne / IBM Japan, Ltd. / Kyndryl Japan Technology Service / Mckinsey & Company / PricewaterhouseCoopers Aarata LLC /PwC Consulting LLC / PwC Tax Japan / Robert Walters Japan K.K. /Standard Chartered Bank (According to surveys of Class of 2021 and 2022 graduates and their professors)

A Bocconi University / Boston University / Brandeis University / University of British Columbia / Carnegie Mellon University / HEC Paris / Keio University /2.7%
Real estate / Goods and rental leasing

1 Deloitte Touche Tohmatsu LLC
2 EY Strategy and Consulting Co., Ltd.
3 Sumitomo Mitsui Trust Bank, Limited
4 PwC Consulting LLC
5 Tokio Marine & Nichido Fire Insurance Co., Ltd.
6 Accenture Japan Ltd.
7 Daiwa Securities Co. Ltd.
7 BayCurrent Consulting, Inc.
9 NTT DATA Corporation
10 KPMG AZSA LLC
10 Sumitomo Mitsui Banking Corporation
12 Deloitte Tohmatsu Consulting LLC
12 Rakuten Group, Inc.
14 Recruit Co.,Ltd.
15 Deloitte Tohmatsu Financial Advisory LLC
15 Nippon Life Insurance Company
15 Mizuho Bank, Ltd.
18 IBM Japan, Ltd.

Q Where do PEARL students find jobs?

75

overseas branchesof Mita-kai

Since the beginning of the 21st century we have focused on adapting to globalization by expanding our faculty-wide
study abroad system, establishing double degree programs with overseas universities, implementing integrated
undergraduate and graduate programs, and offering options with classes entirely taught in English. While we are alarge-scale faculty, we strive to keep classes small—another aspect of “learning while teaching, teaching whilelearning.” Furthermore, in 2022 we launched course programs, one involving data science and another involving fieldresearch. We have also implemented an early graduation system for students who enroll in 2023 onward so that April
enrollees can seamlessly begin graduate-level studies at foreign universities, September enrollees can findemployment in Japan, and motivated students can obtain both a bachelor’s and master’s degree from our faculty and
the Graduate School of Economics in just five years.
However, the main point I would like to emphasize is that our competitive edge here at the Faculty of Economics lies
first and foremost with our incredible faculty more than any program configuration. This is the same principle that thesource of a company’s power is ultimately in its people. Our staff lead the industry in cutting-edge economics research
and make valuable contributions to the real world. Their expertise in higher education in a variety of fields related tolanguage, culture, and general education is what allows our students to flourish.
The recent pandemic has left us in a state of disarray, forcing everyone to deal with increased social division andconflict. We live in transitionary period when, in becoming a society that values diversity, we must learn how to solve
new challenges as they arise.
In such times, what beacon should we use to light our path? I believe that the answer to this is the very founding spiritof Keio University, “independence and self-respect.” “Independence and self-respect” signify “the maintenance of
one’s personal dignity and acting on one’s own judgement with the responsibility this entails in everything.” Our true
guiding principle, then, allows us to confront and solve issues that do not currently have solutions, forging a better
society.
During major societal and economic changes, we are all faced with challenging the unknown. However, your task
during your time at university remains the same.
The Chinese classic The Unencumbered Spirit: Reflections of a Chinese Sage contains a passage along the following
lines: “Self-improvement ought to be like refining metals; haste does not yield success.” This proverb signals that
personal development is like polishing, you only begin to shine with time. For you all to go out into the world and thrivein your chosen arena, it is vital that you hone yourself through devotion to your studies. We will strive to meet yourexpectations and provide the best possible “refining” opportunities to help you shine.
Keio University 11