MSc in International Financial Management University of Groningen

How do you manage international financial activities? This program can teach you.

Nowadays internationally oriented firms and organizations are looking for professionals who can understand and use the latest finance and risk management tools and techniques for managing international financial activities. The MSc International Financial Management (MSc IFM) will equip you with advanced academic knowledge, understanding, and skills required to define, analyze and evaluate real and complex international financial management problems on both a societal level as well as on the level of companies and institutions.

The MSc IFM program teaches me to think strategically and to explore how new ideas can be initiated and managed. You will be able to apply research methods and address financial problems multinational companies are faced with. Moreover, you will gain advanced knowledge in several specific sub-fields in international financial management, such as international risk management, international risk analysis, and research, international management accounting and control, and in different aspects of international business and the international economic environment in which multinational companies operate.

During the program, you will have the opportunity to broaden your studies by selecting two electives from other FEB MSc programs.

Why study this program in Groningen?

The MSc IFM program focuses on both finance and accounting, deals with real-life management issues, and has an international orientation. There is a good balance between theory and practice. You work on assignments that both require research skills and practical insights.

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

Research

Linking education to research and career preparation.

Our education is strongly rooted in business practice and society. Also right from the start of your degree program attention is paid to academic research and preprofessional development. Since an analytical and critical mind and problem-solving capabilities are important qualities in any career our students aspire.

Year 1

Half of the 60 ECTS program (six mandatory courses) is focused on the core courses of IFM. Please see below these courses. The research preparation and thesis work comprise 20 ECTS and you can choose 10 ECTS of electives that match your preferences.

You will gain advanced academic knowledge of theoretical concepts in (international) financial management and you will be able to apply research methods, to analyze and solve financial problems multinational companies are faced with.

During the program, you will develop both academic and professional skills. With respect to academic skills, the program focuses on collecting and analyzing data, planning and designing a research project, and academic writing. Examples of professional skills are computer model building for business decisions, presenting in public, identifying and analyzing problems, and working in teams.

Courses

• Electives (10 EC)
• Empirical Methods (5 EC)
• Financial Management for Multinationals (5 EC)
• International Financial Institutions and Governance (5 EC)
• International Financial Reporting (5 EC)
• International Man. Accounting & Control (5 EC)
• International Risk Analysis and Research (5 EC)
• Master's Thesis (20 EC)

Program options

• Double Degree Master China and the World Economy (specialization)
• Sustainable Society Focus Area (specialization)
• Energy Focus Area (specialization)
• Master Internship (specialization)

Study abroad

• Study abroad is optional

Job prospects

After successful completion of the MSc program International Financial Management, you will be able to take up positions in which you contribute as a specialist in international financial management to decision-making in multinational companies and financial institutions, consultancy firms, multinational public organizations such as the IMF, World Bank, ECB, etc. and governmental institutions.

As a graduate, your degree will be highly valued in the labor market. The Faculty of Economics and Business is internationally accredited and belongs to the 1% of business schools around the world accredited by both EQUIS and AACSB.

FEB Career Services

When you become a student at the faculty, we want to support you in developing your career and strengthen your employability skills. You can count on a dedicated on-campus Career Services team offering you a wide range of courses, workshops, events, and career-related support during your studies. Everything you need to enter the labor market.

Job examples

• Financial manager with a multinational firm
• Commercial manager with a firm in the financial business
• Financial analyst with a large financial institution
• Internal or external financial consultant for firms