Are you interested in analyzing and solving financial problems in investment and business? Are you compelled by the ways in which sustainability issues are changing our understanding of the concept of finance? Do you want to know more about the interdependence between finance and sustainability? Then the specialization in Sustainable Finance could be right for you. As part of the master's program in International Business, the specialization combines finance with the principles of sustainability: environment, society, and governance.
Following the 2008 financial crisis and ongoing criticism of banks and corporations, there is great demand for finance professionals who can implement sustainability principles in a company while maintaining profitability. Bridging the gap between traditional capitalism and a new context of shared economic and social value, sustainable finance is quickly becoming a core part of the mission of financial institutions and companies.
work as a business consultant, financial analyst, financial manager, investment portfolio manager, risk manager, or sustainability expert
Double-Degree option available
1-year, full-time master’s, taught in English
starts in February & September
weekly: 8 hrs classes, 14 hrs group work, 18 hrs independent study
you’ll get an MSc in International Business with a specialization in Sustainable Finance
"Sustainability really is the greatest challenge of our generation. We only have one world"
---- Marc Hassler, International Business, Sustainable Finance
Why this program?
Often for corporations and financial institutions, ‘duty’ is less important than ‘profit’. The Sustainable Finance program reverses this dynamic, focusing instead on the application of sustainability principles to management, corporate strategy, accounting, reporting, and marketing. Included in this are issues such as sustainable banking, investing, real estate, and micro-credit. Sustainable Finance will equip you to pair sustainability with profitability now and into the future.
Ties to research
Maastricht University’s School of Business and Economics (SBE) is a world leader in sustainable finance. SBE was internationally recognized for cutting-edge research in the field long before it landed on the agenda of America’s Ivy League schools and other European institutions. The Finance Department also founded two leading institutes for sustainable finance research: the European Centre for Corporate Engagement (ECCE) and the Global Real Estate Sustainability Benchmark (GRESB). These institutes collaborate with pension funds, rating agencies, corporations, and regulators to conduct research and develop tools that matter to practitioners.
Amazing education opportunities
Premium honors program
Premium gives you that extra edge by offering real-world experience during your studies. As part of a team of students, you’ll build the experience and skills employers are looking for. Work on a real-world assignment for a company, NGO, or educational institution. Create a personal development plan. Participate in intensive individual coaching, masterclasses, and workshops.
Internships give you practical experience that enhances your studies and increases your employability. Many graduates often end up working at the organization where they intern. SBE encourages master’s students to do an extracurricular, 8-26 week internship. The SBE Internship Office has an extensive database of internship opportunities and is on hand for guidance and counseling.
Combine thesis & internship
Rather than face a trade-off between finishing their studies and doing an internship, SBE students have the option of combining the two. During the Thesis-Internship Programme (TIP), your thesis will be written on a topic relevant to a company or organization during a part-time internship. This gives your thesis focus and applicability and gives you practical work experience.
Double Degree program
The Double Degree program at the School of Business and Economics lets you study at two universities and earn two master’s degrees! You can participate at the beginning of the academic year in September, completing part of your master's program at an institution abroad and part at SBE. After completing all the requirements of both master's programs, you will be awarded a degree from each university. Almost all Double Degree programs can be completed with little or no delay in your studies and with minimal extra fees. The Double Degree program has carefully selected partner universities that are high-profile, research-oriented, and preferably accredited by both EQUIS and AACSB.
Courses & curriculum 2022 - 2023
Sustainable finance has mandatory core courses and skills training, and an elective in finance, business, or sustainability. It also includes writing a master’s thesis. You will receive guest lectures from expert practitioners, work on case studies and other practical assignments, and acquire the necessary techniques and tools to conduct financial research, all by way of our hands-on PBL method. In short, you will be equipped with the latest academic theory as well as the skills to apply it in practice.
EBC4211 Sustainable Finance, Management, and Strategy
EBC4263 Data Analytics
EBS4012 Writing a Master’s Thesis Proposal IB Finance
EBC4054 Institutional Investors
EBC4212 Sustainable and Responsible Investments
Master's Thesis or Thesis Internship Programme
EBC4055 Real Estate Finance
Rankings & recognition
Triple Crown accreditation - School of Business and Economics
Financial Times lauded SBE in best practice examples of sustainability, ethics, and social purpose in teaching and education methods
UM is the sixth-best Young University in the world
Financial Times MIM 2021: MSc International Business ranked #37 Masters in Management
Now that sustainability has become indispensable to financial institutions, corporations, and regulators, there is an urgent need for experts in both finance and sustainability. As part of the new generation of finance practitioners, your career potential will be excellent. You’ll be qualified to work in all the same companies as finance graduates but with a competitive edge thanks to your advanced knowledge of sustainability issues and implementation. SBE has an excellent network of financial institutions and organizations and can give you a leg up into a sustainable finance job.
You will be qualified for many positions, including the following:
investment portfolio manager