Master in Economics (MPhil)

The two-year Research Master’s in Economics is an ideal program for students who wish to pursue Ph.D. studies. The program provides select, high-quality education in the field of economics and econometrics. If your ambitions are focused on an academic career in economics, econometrics or finance, then this Research Master’s is ideal for you. Not only does it teach you to carry out independent scientific research, but it also provides an excellent stepping stone to good Ph.D. positions.


This Research Master offers you three specializations:

  • Economics
  • Econometrics
  • Finance

Building a top research school in Economics

In March 2005, a commission of leading economists (including Nobel Prize winner Robert C. Merton) issued an evaluation report of the Tinbergen Institute. This report gives an exact description of the Tinbergen Institute’s mission: to train the outstanding researchers of the future. We do this by applying strict selection criteria and making high demands of our students.

The students receive a lot in return: small-scale education in a positive atmosphere, intensive supervision and a unique opportunity to mix with students, teaching staff and researchers from all over the world.

The Tinbergen Institute

The program is run by the Tinbergen Institute, a research school set up by the economics faculties at Vrije Universiteit Amsterdam, Erasmus University Rotterdam and the University of Amsterdam. A maximum of thirty students is admitted to the program each year, approximately half of whom come from outside the Netherlands (South Africa, India, Indonesia, China, Taiwan, and Central, Eastern, and Southern Europe).

Career prospects

The Research Master’s in Economics leads to a Ph.D. research position. As a graduate of the Research Master’s in Economics, you will have mastered the latest knowledge of economic theories, empirical economics, and econometric methods and you will be capable of conducting independent academic research. Obtaining a Ph.D. is, therefore, your first step on the way to a career in research at a university, a government body, a research agency or a bank.

In the Netherlands, the Ph.D. research position is a paid position for three years, during which time you are expected to complete your Ph.D. studies. Students who have completed their Master’s program at the Tinbergen Institute are given guidance in seeking a suitable Ph.D. position at one of the TI faculties. So far every graduate with the ambition to pursue a Ph.D. has found a suitable position. A Ph.D. is not necessarily a direct precondition for finding a good job in the corporate sector, but it does form an excellent preparation for a business career.

Program taught in:

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Last updated October 26, 2018
This course is Campus based
Start Date
2 years
2,083 EUR
for EEA students. €15.450 for non-EU/non-EEA students.