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The award
MSc

How long you will study
12 months

Domestic course fees
EUR 2060

How you will study
full-time

Course starts
February, September

International course fees
EUR 14350

All study options

About Economics at University of Groningen

When and why should governments interfere in the workings of advanced economies? Why should the Central Bank bail out commercial banks that get into trouble because of a global financial crisis? And should the Ministry of Finance expand public spending if the unemployment rate gets high and the economy stagnates? In this program you will learn to assess different strategies to handle diverse microeconomic and macroeconomic problems.

**Joint 1st place in best MScEconomics in the Netherlands - HigherEducation Guide Masters 2017**

The objective of the programme is to teach you economictheories at a high analytical level. An additional goal is tofamiliarise you with the application of theory and research methodsto economic practice and policy. Such a combination of rigorousacademic thinking with practical application is essential for anyprofessional active in the field of economics, either in policy orresearch. You will learn about the influence of economicfactors on society and how economic theory can be applied tointerpret and analyse economic problems. 
We offer two tracks: "Microeconomics ofMarkets and Incentives' and 'Macroeconomic Theory andPolicy'. Alternatively, you can specializein Health or in Energy Economics. It is also possible todesign your own study programme. The programme is trulyinternational, being taught entirely in English. The bestinternational textbooks are used In the various courses, studentsstudy papers published in prominent academic journals in order tokeep up with the latest developments. Courses are taught byspecialists with an international reputation in their field ofresearch and/or a key role in public debates.

When and why should governments interfere in the workings of advanced economies? Why should the Central Bank bail out commercial banks that get into trouble because of a global financial crisis? And should the Ministry of Finance expand public spending if the unemployment rate gets high and the economy stagnates? In this program you will learn to assess different strategies to handle diverse microeconomic and macroeconomic problems.

**Joint 1st place in best MSc Economics in theNetherlands - HigherEducation Guide Masters 2017**

The objective of the programme is to teach you economictheories at a high analytical level. An additional goal is tofamiliarise you with the application of theory and research methodsto economic practice and policy. Such a combination of rigorousacademic thinking with practical application is essential for anyprofessional active in the field of economics, either in policy orresearch. You will learn about the influence of economicfactors on society and how economic theory can be applied tointerpret and analyse economic problems. 
We offer twotracks: "Microeconomics of Marketsand Incentives' and 'MacroeconomicTheory andPolicy'. Alternatively,you can specialize in Health or in EnergyEconomics. It is also possible to design yourown 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 inorder to keep up with the latest developments. Courses are taughtby specialists with an international reputation in their field ofresearch and/or a key role in public debates.

After your studies

Job prospects

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

FEB Careers Company:

To support you in developing your career and strengthen your employability skills, our FEB Careers Company empowers you to achieve lifelong success through various career services during your studies. Check: http://www.rug.nl/feb/career-services/

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


FEB Careers Company
To support you in developing your career and strengthen your employability skills, our FEB Careers Company empowers you to achieve lifelong success through various career services during your studies. Check: FEB CareerServices

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
Download brochureDownload brochure

Study options for this course

  • The award How you will study How long you will study Course starts Domestic course fees International course fees
  • The awardMScHow you will studyFull-timeHow long you will study12 months
    Course startsFebruary, SeptemberDomestic course feesEUR 2060International course feesEUR 14350

Notes about fees for this course

EU/EEA

€ 2060 per year

non-EU/EEA

€ 14350 per year

Entry requirements

Bachelor-Master connections

Study programmeOrganizationTransition
Economics and Business EconomicsAll Research universitiesNo additional requirements
Econometrics and Operations ResearchAll Research universitiesNo additional requirements

Admission requirements

Specific requirementsMore information
certified competences

GMAT/GRE; for specific scores (and exemptions), see http://www.rug.nl/(...)ication/intl-route/1

grade list

A certified grade list(s) is considered in the evaluation.

language test

TOEFL internet based (IBT): 90, IELTS Academic: 6.5; for specific scores, see: http://www.rug.nl/(...)ication/intl-route/1

previous education

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: Economicsand Business Economics, Econometrics and Operations Research.

To assess whether your educational/academic background meets the specific programme requirements, the admission committee will takeaccount of level of knowledge in microeconomics, macroeconomics,mathematics and statistics, GPA, and motivation.

For more information, see: http://www.rug.nl/(...)ication/intl-route/1

If you have any questions concerning admission, please contact our Admissions Office: http://www.rug.nl/(...)rt/admissions-office

Admission requirements

Specific requirementsMore information
previous education

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: Economicsand Business Economics, Econometrics and Operations Research.

To assess whether your educational/academic background meets the specific programme requirements, the admission committee will takeaccount of level of knowledge in microeconomics, macroeconomics,mathematics and statistics, GPA, and motivation.

For more information, see: http://www.rug.nl/(...)plication/nl-route/1

If you have any questions concerning admission, please contact our Admissions Office: http://www.rug.nl/(...)rt/admissions-office

Language requirements

ExamMinimum score
IELTS overall band6.5
IELTS writing5.5
IELTS speaking6
TOEFL paper based575
TOEFL internet based90

What students think about University of Groningen

    If I had to choose a Master's programme again, I would be on a flight to Groningen.

    Ana Quintana, Mexico, Strategic Innovation Management

    I gained a Bachelor's degree in Management & Marketing in Mexico City before I came to the Netherlands to undertake my Master's programme. During my Bachelor's studies, I spent a semester in Canada and I wanted to expand my international (study) experiences before starting work. I was keen to focus on innovation which is not usually offered in Mexico hence the combination of Innovation and Strategy in one programme directed me to Groningen.

    My Master's thesis dealt with Innovation in family businesses and I now benefit from the intense research modules offered during the programme. Now I am working as a Promotion Manager in charge of the several customer loyalty programs offered by one of Mexico's biggest hotel chains. Although the Master's program was rather theoretical, I feel that it prepared me very well for my current job. 

    There was nothing about Groningen that I did not like: the city is just beautiful. I especially enjoyed going everywhere by bike, the variety of offers for students and, of course, the Queensday (now Kings Day) celebrations. Groningen has everything to make (foreign) students feel at home.

    Looking back a year after my return to Mexico, I feel that I especially enjoyed getting to know Dutch culture. In addition, the courses offered and the beauty of the city made my stay in Groningen an unforgettable experience. If I had to choose a Master's programme again, I would be on a flight to Groningen.

    I had a once-in-a-lifetime opportunity to expand my knowledge in the field of law

    Lejla Terzimehic, Bosnia and Herzegovina, Global Criminal Law

    Thanks to the European Commission Scholarship and the Talent Grant from the University of Groningen, I had a once-in-a-lifetime opportunity to expand my knowledge in the field of law that I am most passionate about, at one of the oldest and most prestigious European universities.

    Being very intellectually challenging, the master programme truly met my expectations. Sharing knowledge with my colleagues, all coming from different legal traditions, and learning from inspiring professors enriched me with the skills I hadn't attained during my previous education.

    What I found to be the most beneficial is that the Dutch education system which, taught us to develop a critical opinion on law-related issues. Moreover, this master programme had a unique approach in tackling controversial contemporary legal issues. Due to its strong comparative emphasis, it encouraged us to keep at constant track with our national law, which is of a huge significance.

    Both the master and a 6-month long internship at the International Criminal Tribunal for The Former Yugoslavia strengthened my belief in Justice. Furthermore, besides this academic benefit, I believe that studying abroad unequivocally broadens our horizons and tests prejudices we even are not aware of.

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