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Master - full-time

International Economics and Business

Programme

  • 1 year

    The programme offers 2 profiles: 'Globalization, Growth and Development' and 'International Capital and Globalization'. You choose a specific set of electives, write your master's thesis on a topic within that theme and receive a certificate as a supplement to your degree. NB You can also choose your own selection of electives and follow your own interests (subject to certain conditions). In addition, 2-year double-degree programmes with Shanghai, Lund, Göttingen and Budapest are offered.

    The programme aims to train students in strategic analysis and decision-making in national and international corporations and public organizations, such as multinationals, financial institutions, consultancy firms as well as government agencies and policy advisory. In doing so, the MSc IE&B has a strong focus on one integrative topic, i.e. firm behaviour in relation to the world economy.

    Students will acquire the very latest knowledge on topics like international trade, sources of economic growth and development, innovation, fragmentation of production processes, economic geography, global labour markets, international business strategy and international finance and banking. The main analytical building blocks are theories from international economics, growth and development economics, comparative institutional analysis and the theory of banking and of international capital flows. After graduating, students will be able to apply this knowledge in different settings and interpret the interrelationship between the knowledge areas.

    The programme offers 2 profiles: 'Globalization, Growth and Development' and 'International Capital and Globalization'. You choose a specific set of electives, write your master's thesis on a topic within that theme and receive a certificate as a supplement to your degree. NB You can also choose your own selection of electives and follow your own interests (subject to certain conditions). In addition, 2-year double-degree programmes with Shanghai, Lund, Göttingen and Budapest are offered.

    The programme aims to train students in strategic analysis and decision-making in national and international corporations and public organizations, such as multinationals, financial institutions, consultancy firms as well as government agencies and policy advisory. In doing so, the MSc IE&B has a strong focus on one integrative topic, i.e. firm behaviour in relation to the world economy.

    Students will acquire the very latest knowledge on topics like international trade, sources of economic growth and development, innovation, fragmentation of production processes, economic geography, global labour markets, international business strategy and international finance and banking. The main analytical building blocks are theories from international economics, growth and development economics, comparative institutional analysis and the theory of banking and of international capital flows. After graduating, students will be able to apply this knowledge in different settings and interpret the interrelationship between the knowledge areas.

Programme options

  • Globalization, Growth and Development (profile)

    The profile Globalization, Growth and Development aims to provide the student with a thorough understanding of recent aspects of globalization.

    The global production system is increasingly becoming more fragmented. This raises some important questions. Where is manufacturing located? In developed or developing countries? And do fragments have a natural home-base, for example, R&D in developed countries and assembly in developing countries? Some firms participate in this process, others do not. What determines the internationalization choices of firms? What is the role of distance, transportation costs, or language and culture when making these choices?

    More inter-country specialization has consequences for local labour markets. Are labour markets becoming increasingly specialized? Are they becoming more globally integrated, just as commodity markets. In the theme 'Globalization, Growth and Development' students will learn to use tools and methods to answer these and related questions and to independently carry out analyses of the causes and consequences of globalization.

  • International Capital and Globalization (profile)

    Students analyse the recent growth in domestic financial markets and in international capital flows. There has been high economic growth with increasing financial fragility since the 1990s worldwide.

    This was followed by credit crises and recessions in much of the Western world since 2007 and the threat of crisis elsewhere (e.g. China). Students study these developments based on theories of banking, financial markets, international capital flows and exchange rates. Typical questions that will be discussed and analysed include: How have financial markets and their regulation changed in recent decades? How have changes in exchange rates and capital flows affected policies, for example with respect to optimal currency areas such as the Eurozone? When is financial development good for economic growth and stability and when does it lead to financial crisis and recession? When do international capital flows contribute to an economy and when do they harm an economy? What caused the Euro crisis and how do we evaluate alternative solutions?

    This IE&B profile is on the interface of theory and application. Students will obtain an overview of current ways of thinking about the impact of finance on the economy and the international dimensions of that relation. Upon completion of this theme, you will be able to carry out a hands-on analysis of the above questions.

  • DDM - Economic Development and Growth (MEDEG, Lund) (specialization)

    This international double degree master of 2 years trains you to be a well-rounded expert in the field of development.

    You get Master's degrees from two top-class European research universities: Groningen and Lund.

  • DDM - Applied International and Development Economics (Göttingen) (specialization)

    The 2-year double degree master concentrates on the acquisition of specialized knowledge of international markets and the global interconnections of national economies.

  • DDM - China and the World Economy (Fudan) (specialization)

    2 year double degree master in Groningen and Fudan University Shanghai. The Chinese year of this DDM will introduce you to the Chinese economy.

  • DDM - Central-Eastern European Economics (Budapest) (specialization)

    2 year double degree master offered jointly by the University of Groningen, the Netherlands and Corvinus University in Budapest, Hungary.

Programme schedule

CoursesCourses
Master's thesis (20 EC)Double Degree option: Economic Development and Growth (Lund) (60 EC, optional)
Foreign Dir. Investment & Trade (MSc) (5 EC)Double Degree option: Applied International and Development Economics (Göttingen) (60 EC, optional)
Competitiveness of Firms and Nations (5 EC)Double Degree option: China and the World Economy (Shanghai) (60 EC, optional)
Research Seminar for IE&B (5 EC)Double Degree option: Central-East European Economies (Budapest) (60 EC, optional)
elective(s) MSc IE&B A (15 EC)
elective(s) MSc IE&B B (10 EC)

Check for in-depth info on all courses:

https://www.rug.nl/ocasys/feb/vak/showpos?opleiding=2035

Check for in-depth info on all courses:

https://www.rug.nl/ocasys/feb/vak/showpos?opleiding=2035

Study abroad

  • Study abroad is optional

Study abroad is compulsory when you choose one one of the Double Degree Masters.

Study abroad is compulsory when you choose one one of the Double Degree Masters.

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