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What will I learn?

The objective of the programme is to teach you economic theories at a high analytical level. An additional goal is to familiarise you with the application of theory and research methods to economic practice and policy. Such a combination of rigorous academic thinking with practical application is essential for any professional active in the field of economics, either in policy or research. You will learn about the influence of economic factors on society and how economic theory can be applied to interpret and analyse economic problems.

We offer two specializations: " Microeconomics of Markets and Incentives” and “Macroeconomic Theory and Policy ”. Alternatively, you can specialize in Energy Economics, or put an emphasis on Health issues in your programme. It is also possible to design your own study programme. The programme is truly international, being taught entirely in English. The best international textbooks are used in the various courses, students study papers published in prominent academic journals in order to keep up with the latest developments.

Job prospects

As a graduate you are able to apply advanced economic theory so as to analyse economic issues related to society at large. The programme trains you for positions in which you contribute as an economist to decision-making in (inter)national government bodies, public organisations and private corporations such as financial institutions, multinationals and consultancy firms. You can work as researcher in business or governmental agencies. You can also use your expertise for journalistic goals.

Because all our programmes are EQUIS and AACSB accredited, a standard which only one percent of universities reach worldwide, your degree will be highly valued on the labour market.

Job examples

  • Scientific or policy-oriented researcher (DNB, CPB, OECD, IMF)
  • Applied researcher (NEI, TNO and research bureaus)
  • Financial analyst (bank, insurance company)
  • Policy-maker: mainly in large organisations
  • Manager: especially in businesses
  • Lecturer
  • Journalist

Which department am I in?

Faculty of Economics and Business

Study options

Full Time (12 months)

Tuition fees
€15,000.00 (12,25,490) per year
Application deadline

Expected October 2022

More details

Start date

Expected September 2022

Venue

University of Groningen

Broerstraat 5,

Groningen,

9712 CP, Netherlands

Entry requirements

For students from United States

Applicants must have Bachelor's degree. Additional requirements English: A VWO diploma or a subject certificate for VWO English (mark 6 or higher), minimum requirement of TOEFL iBT 90 (with a minimum of 21 on all items), or IELTS 6.5 (with a minimum of 6 on all items). Language Centre English Test (LCET) level C1 (B2 for no more than two components). Cambridge C1 Advanced or C2 Proficiency with a minimum score of 180.

For international students

To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in one of the following - or closely related - fields: Economics and Business Economics, Econometrics and Operations Research.

Certified competences: A GMAT/GRE test is required from all candidates who obtained their bachelor's degree from a university in a non-EU/EEA country.

IELTS Academic overall score 6.5 (Speaking 6, Writing 6.5); TOEFL internet-based overall score 90 (Speaking 20, Writing 24); C1 Advanced, C2 Proficiency (with minimum score 180); University of Groningen Language Centre Test (Speaking B2, Writing C1).

*There may be different IELTS requirements depending on your chosen course.

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