BGSE vs IHEID (help, decision in days)

[Localchampion]

I got admitted into the Graduate Institute of Geneva (IHEID) Msc International Economics and into my second choice at the BGSE which was Msc Macroeconomic policy and Financial Markets (my first choice was their Msc Economics). No aid for either, which is kind of worrying, but I am exploring scholarship options from other avenues. I am leaning towards the IHEID but it is more expensive than the BGSE by about $36,000. This is because the tuition is higher by $8000 and it runs for two years compared to the BGSE 1 year.  My Long run plan is to go for a PhD in Economics, so I want a quantitatively sound program.

 

My extension on my decision for BGSE runs out in a few days. I need to make a decision. How do the programs/schools compare?