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University of Groningenfounded in 1614  -  top 100 university
Education Master's and PhD degree programmes DDM Central-East European Economies
Header image DDM Central-East European Economies

DDM Central-East European Economies

Study Central East-European Economies in Groningen and Budapest and learn about the links between economic transformation, integration and international economics.

To take part in this programme, you first follow the MSc International Economics and Sustainable Development in Groningen. While studying in Groningen, you can apply to study at Corvinus University in Budapest, and you will begin your studies in Budapest after completing your studies in Groningen.

Are you interested in international trade, banking, finance, and policy analysis? Would you like to learn how to evaluate policy options , develop economic strategies , analyze data, and advise policymakers, with a focus on Central and Eastern Europe ?
The two-year double degree master's Central East-European Economies programme offers you the opportunity to earn two MSc degrees and develop an international profile. It also provides a deep analytical understanding of the main current trends in the global world of international economics and development. It has a specific focus on Central-East Europe, an increasingly important region both economically and politically.

Facts & Figures
Degree
MA/MSc in Economic Development and Globalization
Course type
Double Degree master
Duration
24 months (120 EC)
Croho code
60963
Language of instruction
English
Start
September
Faculty
Economics and Business

Why study this programme in Groningen?

  • This unique combination of two degrees , in Groningen and Budapest, focuses on the economic transformation and integration of Central-East European countries. The programme gives an analytical approach to the global economy and international policy.
  • You can earn two Master's degrees by studying in Groningen and at a top university abroad - Corvinus University in only two years.
  • Interdisciplinary academic approach where we combine economics, environmental research, policy analysis, and technological developments.
  • Tackle global challenges tied to sustainability, social justice, and human rights, aligning with the UN Sustainable Development Goals .
  • Collaborate in research with international organizations like the OECD, Conference Board, and Dutch Central Bank .
  • The programme in Groningen has been internationally accredited by the AACSB and EQUIS, ensuring a high-quality education, which only 1% of universities reach worldwide.

Programme

You will spend the first year in Groningen. You start by learning about topics like international trade, growth, and development economics and apply these theories to real-world problems . Using data and research findings, you are able to understand the role of globalization on sustainable business practices, why governments come up with certain policies, and how they can benefit one country but disadvantage another.

While in Groningen, you can tailor your studies with electives in global finance, economic geography, sustainable finance, international banking, and monetary policy. There is also an option to specialize in Energy Transition and Climate Change, Future Prosperity and Sustainability, or Healthy Society.
Semesters
CoursesCourse Catalog >1a1b2a2b
MSc International Economics and Sustainable Development (60 EC)
You will spend the second year in Budapest, which will be dedicated to core and specialization courses from the master's in International Economy and Business , with a focus on the CEE region.
Semesters
CoursesCourse Catalog >1a1b2a2b
Study at Corvinus University, Budapest (60 EC)

Study abroad

  • Study abroad is required
Our double degree partner is Corvinus University, Budapest, Hungary.

Entry requirements

Admission requirements

Specific requirementsMore information
previous education

Please check here the entry requirements for your Bachelor's degree (from a research university of a university of applied sciences): https://www.rug.nl/masters/international-economics-and-sustainable-development/#!requirements

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

For students coming from the CUB, the admission requirements for this specialisation are the same as those for the MSc in International Economy and Business or MSc in Economic Analysis.

Application deadlines

Type of studentDeadlineStart course
Dutch students01 May 202601 September 2026
EU/EEA students01 May 202601 September 2026
non-EU/EEA students01 May 202601 September 2026

Admission requirements

Specific requirementsMore information
previous education

Please check here the entry requirements for your Bachelor's degree (from a research university of a university of applied sciences): https://www.rug.nl/masters/international-economics-and-sustainable-development/#!requirements

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

For students coming from the CUB, the admission requirements for this specialisation are the same as those for the MSc in International Economy and Business or MSc in Economic Analysis.

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 202601 September 2026
EU/EEA students01 May 202601 September 2026
non-EU/EEA students01 May 202601 September 2026

Tuition fees

NationalityYearFeeProgramme form
EU/EEA2025-2026€ 2601full-time
non-EU/EEA2025-2026€ 21400full-time

The tuition fees above are for the one year studying in Groningen. For an estimation of the total tuition fees for the double degree, please see DD fees.

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 consultancy firms.

Examples of positions you are eligible for are:
  • international economist and strategy expert in a multinational corporation.
  • staff member with an (inter)national governmental organization such as IMF, World Bank, OECD, WTO, ECB, ODI or the EU
  • professional economist on development and Central-East European 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

Research

In Groningen, research is deeply connected to international organizations, business practice, economics, and society .

Some key areas of research you might explore as a student are:
  • The economic and political transformations of emerging and transition economies
  • The impact of economic transformations on people's well-being
  • The relationship between job polarization and the rise of populism
  • The environmental Kuznets curve
  • The impact of migration on technological change
  • The inflation rate and central bank independence
  • The determinants of global value chain participation by developing countries
  • The effects of the US-China trade war on manufacturing workers in European countries

The professors in this programme are all active researchers in the Global Economics and Management department, in the areas of international economics, economic geography, and development economics. Several of the professors lead the renowned Groningen Growth and Development Centre .

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