Are you fascinated by how emerging markets, such as those of the BRIC countries, work? Do you want the extra challenge of conducting business across borders and in a multi-cultural environment? Do you look forward to operating in rapidly changing economies? If so, the master’s program in Economics and Strategy in Emerging Markets could be right for you. In addition to acquiring knowledge of the specific opportunities and challenges related to emerging economies, you’ll develop the professional skills needed for an international career in economics, business, or policymaking, with a strong emphasis on emerging markets.
solve complex business and economic problems related to emerging markets
work in small international teams on real-world cases
offered by UM and United Nations University (UNU-MERIT)
1-year, full-time master’s, taught in English
start in September
weekly: 8 hrs classes, 12 hrs group work, 20 hrs independent study
you’ll get an MSc in Economics and Strategy in Emerging Markets
"Gain an in-depth, practical, and multi-disciplinary understanding of the unique and exciting challenges associated with emerging markets."
Name: Daniel Waters
Company: China-Australia Chamber of Commerce (AustCham China)
Position: Operations Associate
Why this program?
The master’s program in Economics and Strategy in Emerging Markets combines aspects of economic analysis and business economics to address issues related to emerging markets. It is an interdisciplinary degree that will provide you with the knowledge required for a successful international career in business or policy-making.
You will learn to apply tools from economic theory and data analysis to gain insights into the institutional and policy contexts of emerging economies. These insights can be used to advise business and policy leaders on sustainable strategies for economic development and the integration of countries and firms into global exchanges of products, knowledge, and capital.
Taking advantage of the business opportunities and addressing the economic challenges that are posed by emerging markets requires a comprehensive and multi-disciplinary approach. In this program, you will examine relevant issues primarily from the perspectives of (macroeconomics, development economics, economic history, trade) and business (strategic management, finance, supply chain management), with insights from political science and governance.
This multi-disciplinary approach will help you develop a thorough understanding of complex issues such as:
the economic role of emerging markets in the global economy
international macroeconomics and business strategies in emerging economies
socio-economic development in emerging markets
the impact of governance on economic development
how the development of emerging markets affects other economic actors (eg. MNEs, workers) and economies
You’ll learn what drives the high growth in these markets, how they are evolving, where the next business opportunities will be, and how to make responsible management and policy decisions in these rapidly changing and sometimes fragile economies.
Skills for a successful career
In addition to a broad knowledge base, you will also develop skills that will help you succeed in a wide range of professional environments. You will receive practical training in skills such as:
using empirical research skills and research methodology to analyze economic phenomena
utilizing specific software and data analysis tools
formulating business and policy strategies and writing policy briefs
giving oral presentations
effectively collaborating with people from various national, ethnic, religious, and cultural backgrounds
Collaboration with United Nations University
This program is offered by Maastricht University's School of Business and Economics (SBE), in collaboration with the United Nations University (UNU-MERIT). The instructors from UNU-MERIT have extensive experience working on issues related to emerging markets, including:
innovation and innovation systems
economic growth and structural change
policy evaluation (carrying out research for UNIDO, UNICEF, or the World Bank)
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.
Courses & curriculum 2022 - 2023
The program is structured around two semesters. During the first semester, you will:
take a number of core courses that cover the general theoretical and empirical aspects related to emerging markets
conduct a major policy project on a topic of your choice
develop professional skills as part of the core courses and in specialized skills training
take a course on a language from an emerging economy
In the second semester, you will choose more targeted elective courses and write your thesis. The thesis, as well as the project of your individual papers, will give you the opportunity to develop more specific, region-based expertise.
EBC4244 International Macroeconomics and Finance for Emerging Markets
EBC4233 Empirical Methods in Economics
EBP4004 Policy in Emerging Markets
EBS4036 Professional Development in Emerging Markets
EBC4247 Socio-Economic Development in Emerging Markets
EBC4246 Strategic Management in Emerging Markets
EBS4037 Writing a Master's Thesis
Master's Thesis or Thesis Internship Programme
Rankings & recognition
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
Triple Crown accreditation - School of Business and Economics
There is an increasing demand for professionals who are knowledgeable about emerging markets and who are able to foster relationships between stakeholders in developed and emerging economies. The program’s dual focus on economics and business will give you a broad knowledge base. This, combined with the skills you develop, will make you well qualified to work in a wide range of professional environments and positions.
This master’s program prepares you for career opportunities at organizations such as:
You’ll also be qualified to pursue many different positions within those organizations, including:
Your experience with formulating and analyzing data-driven research questions will also be valuable if you choose to pursue a Ph.D.