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International Financial Management, Master Degree, University of Groningen

the Netherlands

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The award How you will study Study duration Course start Domestic course fees International course fees
Master Degree find out find outFebruary, SeptemberEUR 2530 per yearEUR 20800 per year

About International Financial Management, Master Degree - at University of Groningen

Study international financial management in Groningen and get uniquely equipped to have a career in finance and be a part of the management team in multinational companies and financial institutions.

Do you want to study the international aspects of corporate finance, management and financial accounting to become an expert in solving complex financial challenges in the global business world? Can you see yourself making decisions, using the latest finance and risk management tools and techniques for managing international financial activities? With a Master's degree in International Financial Management (IFM), you can join the global workforce that contributes to financial decision-making in public, private, and government organizations in an ethical and sustainable manner. The MSc IFM imparts advanced academic knowledge, understanding and skills required to define, analyze and evaluate real and complex international financial management problems on both the level of companies and institutions, as well as on a societal level. You gain knowledge from a wide range of study fields such as finance, accounting, control, and management under ethical, sustainable and responsible principles.

This programme will teach you to think strategically, explore new ideas, apply research methods and address complex financial problems and opportunities in multinational companies and international financial institutions and organizations. Additionally, our master programme brings together students with diverse backgrounds. We value each student's unique perspective and encourage open discussions in our classes. If you are ambitious and want to challenge yourself, you can earn two Master's degrees by studying International Financial Management in Groningen in your first year and Banking and Finance in Milan, Italy, in your second year. Read more about this Double Degree option with the Università Cattolica del Sacro Cuore in Milan.

Learn more about International Financial Management, Master Degree - at University of Groningen

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Entry requirements

Entry requirements

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).

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: Business Economics, Econometrics and Operations Research, Economics and Business Economics, International Business, Technology Management.

Fees, Funding and Scholarships at University of Groningen

The university is committed to recognising excellence in academic achievement through offering a number of scholarships for international students and researchers. Several scholarships are available for international students who are motivated to study Bachelor’s, Master’s and PhD programmes, as well as for exchanges, short courses and research stays at our university.

Besides scholarships awarded by the University of Groningen, a number of grants awarded by the Dutch government, the EU and (inter)national organizations, such as World Bank or the Ford Foundation, can be used for study or research at the University of Groningen as well.

Find out what is available through our grant finder page.

Student reviews of University of Groningen

Find out what students say 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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