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Education Master's and PhD degree programmes DDM International Business and Finance
Header image DDM International Business and Finance

DDM International Business and Finance

Are you interested in an international career in or involving China? Study in Groningen and Shanghai and gain first-hand knowledge and experience of China and its economy, language, and culture.

If you wish to embark on a career as a global economist or business consultant, you will need to have knowledge of the economic and monetary policies and political economics of leading nations and to be able to recognize trends in the world economy.

This double degree master’s programme is structured in two parts. During year one, you will study one of the one-year Master's degrees at the Faculty of Economics and Business, in Groningen. Year two is spent at the School of Economics at Fudan University in Shanghai where two tracks are offered:

  • International Business (specialized in Chinese Economy) : you can study themes relating to the economic and business strategies, theories, and practices of China.
  • Finance: you can study themes related to finance and China.

The core content of both tracks reflects the increasing globalization and evolution taking place within organizations and in the field of global economics and finance. You can also attend a major international series of cutting-edge business and finance lectures. This is a unique opportunity to gain a global perspective on world economics or finance and graduate with two internationally recognized Master's degrees.

Facts & Figures
Degree
MA/MSc in Economic Development and Globalization, MA/MSc in Economic Development and Globalization
Course type
Double Degree master
Duration
24 months (120 ECTS)
Croho code
60963, 60046
Language of instruction
English
Start
September
Faculty
Economics and Business
Why study this programme in Groningen?
  • For those aspiring to an international business, finance, or economics career in or involving China or Southeast Asia, this double degree offers a unique opportunity to study on 2 continents and gain 2 recognized Master's degrees from 2 world-class universities.
  • During your studies, you gain insight into the consequences of globalization for multinationals and learn to recognize trends in the world economy.
  • The programme has been internationally accredited by the AACSB and EQUIS, ensuring a high-quality education, which only 1% of universities reach worldwide.
Programme

In year one, you study one of the one-year (60 EC) MSc programmes at the Faculty of Economics and Business in Groningen.

You can prepare for year two by taking extra-curricular courses in Basic Chinese (HSK Mandarin I and II) and participating in extra-curricular Sino-Dutch activities organized in Groningen by the Groningen Confucius Institute (https://www.confuciusgroningen.nl/en/courses). However, knowledge of the Chinese language is not required for admission to the 2nd year of study at Fudan University.

CoursesCourse Catalog >
Study at the University of Groningen (60 EC)

You study at Fudan University (a member of the C9 league, an alliance of nine most prestigious Chinese universities) in one of the two tracks: International Business and Finance. Your curriculum at Fudan University School of Economics focuses on a variety of themes relating to the economy of China and China's role in South East Asia, among others, the Chinese economic system, international trade, finance, public administration and law. The programme also covers Chinese language courses (up to the intermediate level), field trips, cultural activities, and a three-month part-time internship.

And you write a Master's thesis which can build on your Groningen thesis. After finishing the 2-year programme, you have gained:
* knowledge and expertise in the ways individual, group and organizational factors influence organizational performance, problem-solving and strategic decision-making;

* insight into the consequences of globalization for multinational enterprises and the socio-economic and institutional differences between countries, in particular differences between countries in Europe, China and South-East Asia;

* the ability to apply the tools of modern economic analysis to issues of development policy;

* acquired analytical and business skills in an international context;

* the capacity to evaluate critically different approaches to development analysis and policy;

* comprehensive knowledge of finance, the economy, business, law, culture and policies of China.
In addition, you experienced international student life in two different cultures with sufficient time spent in each environment to obtain a thorough understanding of both cultures and to graduate after two years with two nationally and internationally recognized Master's degrees from two outstanding, research-driven institutions in the PR of China and The Netherlands.

CoursesCourse Catalog >
Study at Fudan University, Shanghai (60 EC)

Curriculum

Check all courses for the Master's programmes at the Faculty of Economics and Business and the courses for Fudan University:

Programme options
Energy Transition and Climate Change Focus Area (specialization)

Focus on the serious changes within the energy sector by dealing with issues such as how firms adapt to renewable energy, how the higher taxes are managed during this transition and how to deal with the weather dependent production of energy systems. Gain the knowledge and skills to shape a sustainable future in this evolving energy sector.

More information about this option

Study abroad

  • Study abroad is required
  • Maximum of 60 EC

Our double degree partner is Fudan University in Shanghai, China http://www.econ.fudan.edu.cn/ema/

Entry requirements

Admission requirements

Specific requirementsMore information
previous education

To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in one of the following - or closely related - fields: Business Economics, Econometrics and Operations Research, Economics and Business Economics, International Business, Technology Management.

To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained.

For more information, see: https://www.rug.nl/feb/apply-msc

If you have any questions concerning admission, please contact our Admissions Office: https://www.rug.nl/admissions

Due to Chinese government rules, we are not allowed to accept students of Chinese nationality.

Application deadlines

Type of studentDeadlineStart course
Dutch students01 May 202401 September 2024
01 May 202501 September 2025
EU/EEA students01 May 202401 September 2024
01 May 202501 September 2025
non-EU/EEA students01 May 202401 September 2024
01 May 202501 September 2025

Admission requirements

Specific requirementsMore information
previous education

To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in one of the following - or closely related - fields: Business Economics, Econometrics and Operations Research, Economics and Business Economics, International Business,Technology Management.

To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained.

For more information, see: https://www.rug.nl/feb/apply-msc

If you have any questions concerning admission, please contact our Admissions Office: https://www.rug.nl/admissions

Due to Chinese government rules, we are not allowed to accept students of Chinese nationality.

certified competences

A GMAT/GRE test is required from all candidates who obtained their bachelor's degree from a university in a non-EU/EEA country. For specific scores and exemptions, please see https://www.rug.nl/feb/gmat-gre.

language test

IELTS Academic overall score 6.5 (Speaking 6, Writing 6.5); TOEFL internet-based overall score 90 (Speaking 20, Writing 24); Cambridge C1 Advanced or C2 Proficiency (overall score 176, Speaking 169, Writing 176).

Application deadlines

Type of studentDeadlineStart course
Dutch students01 May 202401 September 2024
01 May 202501 September 2025
EU/EEA students01 May 202401 September 2024
01 May 202501 September 2025
non-EU/EEA students01 May 202401 September 2024
01 May 202501 September 2025
Tuition fees
NationalityYearFeeProgramme form
EU/EEA2023-2024€ 2314full-time
non-EU/EEA2023-2024€ 17800full-time
EU/EEA2024-2025€ 2530full-time
non-EU/EEA2024-2025€ 20800full-time

The tuition fees above are for the one year studying in Groningen. For the tuition fees in the second year and information on scholarships, please visit the webpage of Fudan University.

Practical information for:

After your studies

Job prospects

This double degree programme has been designed for individuals who aspire to a career in national, international, multinational or transnational institutions and enterprises such as:

* international economist and strategy expert in a multinational corporation or financial institution;

* staff member, with an (inter)national governmental organization such as IMF, World Bank, OECD, WTO, ECB, ODI or the EU;

* professional economist on development, Chinese and East Asian transition economic issues in international agencies, governments or the private sector;

* economic consultant with an (inter)national governmental organization;

* business consultant with an internationally operating consultancy firm;

* academic researcher at a university or research institute.

As a graduate, your degree will be highly valued in the labour 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. Fudan University ranked 34th according to the 2023 QS World University Rankings. Its Economics and Finance subjects ranked 48th globally.


Research

Linking education to research and career preparation

Our research-driven education is strongly rooted in business practice and society. At the heart of our teaching approach is (interdisciplinary) research and in collaboration with external partners, students and professors conduct projects on societally relevant topics such as healthy society and the economics of healthcare systems, digitalization and how AI is shaping business and societies, leadership and governance, future prosperity and sustainability, climate change and how to tackle the shift to renewable energy.

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Contact

Study associations

EBF

The Economics and Business Faculty association (EBF) is the faculty association for all students studying at the faculty of Economics and Business of the University of Groningen.
The EBF is your partner during your time in Groningen by organising events that support you with your studies and help you prepare for your future career.
https://www.ebfgroningen.nl/

Master Community - IBM

Make the most of your master by getting to know your fellow students and prepare for your future career.
https://www.ebfgroningen.nl/committees
Read more
Study support

Studying means working independently and planning your studies yourself. But successful studying depends on many different factors, so it is understandable that you may need to consult an impartial expert to discuss your study progress and personal circumstances that influence your studies. The faculty's study advisors are available to help you. Obviously, everything discussed with the study advisor remains confidential.