MSc Economics and Business (research)

General

Read more about this program on the institution's website

Program Description

Are you interested in high-end research in the field of Economics and Business? Are you ready for an intellectual challenge? Then this is the program for you.

** Top rated program and best Research Master in Economics and Business in the Netherlands - Higher Education Guide Masters 2019 .**

* * Best (Research) Master in the Netherlands and Top-rated program - Higher Education Guide Masters 2018.**

**Top rated programme in 2017, 2016, and 2014 **

The Research Master's degree in Economics and Business is a two-year program and is open to bright and ambitious students. This program provides you with a thorough basis for academic research in the fields of Economics and Business. The aim of the program is to qualify you for a career in research. Therefore, there is a strong focus on scientific and academic skills. You can choose from three different profiles:

  1. Business Analytics and Econometrics
  2. Business Research
  3. Economics

You will participate in lectures given by the best researchers, not only from Groningen but also from our national and international networks. The small-scale program ensures an intensive exchange of knowledge, both between lecturers and students as well as among students themselves. Moreover, each student is individually supervised by experts in the student's area of interest.

Why study this program in Groningen?

The program was chosen 'Best Master and Best Research Master in the Netherlands' in 2018, 'Best Research Master in the Netherlands' in 2012, 2015 and 2016 and marked as 'Top Programme' in 2014 and 2016. Students are individually supervised by high-quality researchers and there is a strong focus on research skills training, as well as deepening and broadening knowledge.

The Research Master is an internationally accredited program, ensuring high-quality education that meets both the AACSB and EQUIS standards, which only one percent of universities reach worldwide.

Program

Year 1

The research master program consists of 3 different profiles: Business Analytics & Econometrics, Business Research, and Economics. In the first year, all students take 15EC research courses, 10EC research methods courses, 30EC profile courses, and a 5EC elective course.

Courses

  • Elective course
  • Learning and Practising Research (10 EC)
  • Philosophy of Science and Research Methodology (5 EC)
  • Profile courses (30 EC)
  • Research methods courses (10 EC)

Year 2

In the second year, students further specialize in their research field and take 25EC electives and a 5EC research course. In the last semester, students write a 30EC research master thesis.

Courses

  • Academic Writing for ReMa (5 EC)
  • Elective courses (25 EC)
  • Master's Thesis RM E&B (30 EC)

Study abroad

  • Study abroad is optional

Admission requirements

Dutch diploma

Specific requirements

More information

Previous education

Admission to the RM program is selective, based on a thorough assessment of study results, personal competences, and motivation. In principle, students with a BSc degree in Economics or Business are eligible for the RM program.

Furthermore, students with a Bachelor's degree in a related field, like psychology or sociology, may be admitted to some profiles of the program. The Admission Board of the RM (appointed by the Examination Board) decides on admission. The Admission Board consists of the Director of Graduate Studies and the directors of the research programs.

Strong motivation and talent for scientific research as exemplified by the motivation letter, course papers, thesis, and the activities listed in the curriculum vitae;

Excellent knowledge of the relevant fields and methods as exemplified by BSc or MSc grades and GMAT or GRE scores (SOM's GMAT code is 7207). In principle, students must have completed their Bachelor's or Master's degrees with an average grade of 8 (on a 10 point scale) and with a grade for their Bachelor research work of at least 8;

Good abilities to read, write and speak in English, as exemplified by a TOEFL score of at least 90 (internet-based) with speaking at least 20 and writing at least 24. SOM's TOEFL code is 9077.

Alternatively, a score of at least 6.5 (speaking at least 6, writing at least 6.5) should have been obtained at an IELTS test of English proficiency.

Other admission requirements

Application date with scholarship: January 1

Application date (limited scholarships available): May 1

International diploma

Specific requirements

More information

Language test

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); the University of Groningen Language Centre Test (Speaking B2, Writing C1).

Previous education

Admission to the RM program is selective, based on a thorough assessment of study results, personal competences, and motivation. In principle, students with a BSc degree in Economics or Business are eligible for the RM program.

Furthermore, students with a Bachelor's degree in a related field, like psychology or sociology, may be admitted to some profiles of the program. The Admission Board of the RM (appointed by the Examination Board) decides on admission. The Admission Board consists of the Director of Graduate Studies and the directors of the research programs.

  • Strong motivation and talent for scientific research as exemplified by the motivation letter, course papers, thesis, and the activities listed in the curriculum vitae;
  • Excellent knowledge of the relevant fields and methods as exemplified by BSc or MSc grades and GMAT or GRE scores (our GMAT code is 7207). In principle, students must have completed their Bachelor's or Master's degrees with an average grade of 8 (on a 10-point scale) and with a grade for their Bachelor research work of at least 8. Students with a relevant diploma from a Dutch university do not need to submit a GMAT or GRE score.
  • Good abilities to read, write and speak in English, as exemplified by a TOEFL score of at least 90 (internet-based) with speaking at least 20 and writing at least 24. SOM's TOEFL code is 9077.
  • Alternatively, a score of at least 6.5 (speaking at least 6, writing at least 6.5) should have been obtained at an IELTS test of English proficiency.
Other admission requirements

Application date with scholarship: January 1

Application date (limited scholarships available): May 1

Application deadlines

Type of student Deadline Start course
Dutch students

01 May 2021

01 September 2021

EU/EEA students

01 May 2021

01 September 2021

non-EU/EEA students

01 May 2021

01 September 2021

Tuition fees

Nationality Year Fee Program form
EU/EEA 2020-2021 € 2143 full-time
non-EU/EEA 2020-2021 € 15000 full-time

Job prospects

As a graduate of the Research Master in Economics and Business, you are ideally placed to become a Ph.D. student or to obtain a research position in a public or private organization. So far, graduates from this program have obtained Ph.D. positions at, amongst others, the Universities of Antwerp (Belgium), Bocconi (Milan, Italy), Rotterdam, Sydney (Australia) and of course Groningen.

Because all our programs are EQUIS and AACSB accredited—a standard that only one percent of universities reach worldwide—your degree will be highly valued on the labor market.

The Faculty of Economics and Business offers a range of facilities to help Research Master students prepare for the job market through, for example, a future job talk, a job assessment workshop, and a mock job interview.

FEB Career Services

To support you in developing your career and strengthen your employability skills, our FEB Career Services empowers you to achieve lifelong success through various career services during your studies.

Research

Linking education to research and career preparation

The study program has a strong focus on scientific and academic skills. Before students can contribute to a field of study, they will need to know a great deal about that field and have sufficient knowledge about research methods and techniques. Students will, therefore, be provided with in-depth knowledge about a certain field of economics and business on the one hand, and will be trained in a wide range of research methods on the other.

The specialized courses offered throughout the Research Master reflect the state-of-the-art research performed by experienced scholars in their respective fields. Moreover, Research Master students are individually supervised in their area of interest by renowned researchers.

Last updated Sep 2020

About the School

The University of Groningen has a rich academic tradition dating back to 1614. From this tradition arose the first female student and the first female lecturer in the Netherlands, the first Dutch astr ... Read More

The University of Groningen has a rich academic tradition dating back to 1614. From this tradition arose the first female student and the first female lecturer in the Netherlands, the first Dutch astronaut and the first president of the European Central Bank. Geographically, the University is rooted in the Northern part of the Netherlands, a region very close to its heart. Read less
Groningen , Leeuwarden + 1 More Less

Accreditations

EFMD Equis Accredited
AACSB Accredited