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About us FEB Education Focus areas

Finance and Development

Valuable addition to your FEB MSc diploma!

  • Currently, this focus area is only accessible to students from the MSc Finance, the MSc Economics, and the MSc IFM.
  • As the Faculty is renewing its offer of Focus Areas, the Focus Area Finance and Development will no longer be offered after this academic year (2023-2024). It is still possible to register for the Focus Area Finance and Development until August 31, 2024. If you register for this Focus Area in time, you can still finish the Focus Area in in the following academic year (2024-2025). The courses on finance and development within this Focus Area will likely be part of a new Focus Area.

Focus Area Finance and Development

The Focus Area Finance and Development explained

About forty percent of the world’s population live in poverty. The idea that financial inclusion, e.g. by inducing people to become micro-entrepreneurs, is crucial for bringing about a process of sustainable growth, has found many supporters over the last decade. Yet, the evidence is still mixed and severe discussions continue about the role of financial development in enhancing growth and reducing poverty.

By completing the Focus Area Finance and Development you will obtain specialised knowledge about theories and empirics on Finance and Development, which will enable you to understand and contribute to crucial academic and policy debates on the importance of well-developed financial sectors for sustainable growth and poverty reduction.This Focus Area pays specific attention to domestic finance and foreign capital flows.

This focus area is especially recommended for those who aim to work at national and/ or multilateral development banks, such as the Rabobank Foundation, FMO, the World Bank, the International Monetary Fund (IMF), the European Bank for Reconstruction and Development (EBRD) and the African Development Bank (AfDB), or at Non-governmental organisations (NGOs) like Cordaid or Oxfam Novib.


To meet the requirements of the Focus Area Finance and Development, you will need to:

  • register with the focus area coordinator, see below
  • successfully complete the two predetermined finance and development electives
    • Inclusive Finance (EBM069B05)
    • International Finance and Development (EBM207A05)
  • write your Master's thesis on a topic related to this particular focus area
  • important: to add this focus area to your diploma, you must include the focus area in the application for approval of your Master's programme in Progress


Are you a current FEB student? Read more about how to apply here.

Conditions for annotation on diploma

The following conditions for obtaining an annotation on the diploma supplement apply:

  • the Master's Thesis Economics, the Master's Thesis Finance or the Master's Thesis IFM must be related to a 'Finance and Development' subject, and
  • the student’s Master's degree programme has been approved by or on behalf of the Board of Examiners (in accordance with Article 14 of the Rules and Regulations of the Board of Examiners) and the thesis has been found to be suitable for a notification of the focus area on the diploma supplement, and
  • the student has completed the MSc Economics, the MSc Finance or the MSc International Financial Management degree programme based on an approved programme that, whether curricular or extracurricular, includes at least the following courses: Inclusive Finance (EBM069B05) and International Finance and Development (EBM207A05).

More information

Do you have a question before you want to register, please contact the focus area coordinator, Dr Mark Treurniet.

Last modified:16 February 2024 2.49 p.m.