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EducationMaster's and PhD degree programmesEconomicsDDM Economics and Economic Analysis
Header image DDM Economics and Economic Analysis

DDM Economics and Economic Analysis

How do you deal with problems and challenges of emerging economies from an applied perspective?

In this Double Degree (with Universidad de Chile) you will gain comprehensive knowledge of the economies, economic policies, strategies, theories and practices of Europe and Latin America.

This double degree programme with Universidad de Chile in Santiago is for students who want to broaden their view on important economic topics by bringing in a comparative perspective.

You will obtain two degrees: MSc in Economics (Groningen) and the Master Economic Analysis (Santiago de Chile). The programme will provide you a broader view of economic theory and practice. In addition, you will get the opportunity to experience student life in two different cultures with sufficient time spent in each environment to obtain a thorough understanding of both cultures. Universidad de Chile is one of the best universities in the Latin American region.

The programme trains you to analyse policies and economic decisions, both in public and private areas. Lecturers are experts holding PhD degrees from the best universities in the world (Harvard, MIT, Berkeley, Oxford, Yale and Cambridge). Several have professional experience in international organisations such as the World Bank, the Inter-American Development Bank and the United Nations.

Facts & Figures
Degree
MSc in Economics
Course type
Double Degree master
Duration
18 months (90 ECTS)
Croho code
66401
Language of instruction
English
Start
September
Faculty
Economics and Business
Why study this programme in Groningen?

Unique combination of two degrees, in Groningen and Santiago de Chile, in which you will learn to add the comparative perspective to economic topics. The programme is an internationally accredited programme, ensuring a high quality education that meets both the AACSB and EQUIS standards, which only one percent of universities reach worldwide.

Programme

You take the courses of the FEB MSc programme in Economics in Groningen.

CoursesCourse Catalog >
MSc Economics (60 EC)

You take one semester (July-December) of courses in Santiago, Chile. Courses like applied econometrics, growth and economic development, and competition policy and market regulation.

CoursesCourse Catalog >
Applied Econometrics (6 EC)
Competition Policy and market regulation (6 EC)
Electives (12 EC)
Growth and economic development (6 EC)

Curriculum

Electives offered are: Economics of Education, Economics of Health, Sustainable Economic Development, Public Finance, Infrastructure Concession Economics. (Please note that the list of electives offered may change per academic year).

Programme options
Energy Focus Area (specialization)

Focus your MSc on Energy and open up extra career opportunities. There are two steps to the Energy Focus Area-

1) complete two of four chosen electives 2) write and round off an MSc thesis on an energy topic

More information about this option

Study abroad

  • Study abroad is required

In this double degree with Universidad de Chile, you spend one semester studying in Santiago de Chile.

Entry Requirements

Admission requirements

Specific requirementsMore information
previous education

To be eligible for this Double Degree, you need to start with the University of Groningen MSc in Economics. For the entry requirements of the MSc Economics, see: ► www.rug.nl/feb/MScEconomics

As a student of the RUG MSc in Economics, you can apply for the double degree with Universidad de Chile. Application deadline: 1 December. Start of studies in Chile: August.

other admission requirements

If you have any questions concerning admission, please contact our Admissions Office: http://www.rug.nl/education/international-students/application-procedure/support/admissions-office

Admission requirements

Specific requirementsMore information
previous education

To be eligible for this Double Degree, you need to start with the University of Groningen MSc in Economics. For the entry requirements of the MSc Economics, see: ► www.rug.nl/feb/MScEconomics

As a student of the RUG MSc in Economics, you can apply for the double degree with Universidad de Chile. Application deadline: 1 December. Start of studies in Chile: August.

other admission requirements

If you have any questions concerning admission, please contact our Admissions Office: http://www.rug.nl/education/international-students/application-procedure/support/admissions-office

Language requirements

ExamMinimum score
IELTS overall band6.5
IELTS writing6.5
IELTS speaking6
TOEFL paper based580
TOEFL computer based237
TOEFL internet based90

Application deadlines

Type of studentDeadlineStart course
Dutch students01 June 201901 September 2019
01 June 202001 September 2020
EU/EEA students01 May 201901 September 2019
01 May 202001 September 2020
non-EU/EEA students01 May 201901 September 2019
01 May 202001 September 2020
Tuition Fees
NationalityYearFeeProgramme form
EU/EEA2019-2020€ 2083full-time
non-EU/EEA2019-2020€ 14600full-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: https://www.rug.nl/feb/education/doubledegrees/tuition

Practical information for:

After your studies

Job prospects

The programme provides you with excellent skills enabling to analyse policies and economic decisions, both in public and private areas.

As a graduate of this programme you will be able to work in positions in which you contribute to economic decision-making processes. This can be in (inter)national government bodies, public organisations and private corporations like financial institutions, multinationals and consultancy firms. In addition, economists can work as researchers in academia, business or governmental agencies. You can also use your expertise to write for journals and newspapers.

The World Bank rated the programme as “preferred university” programme, a categorisation enabling students to apply for scholarships provided by this organisation.

Because all our programmes are EQUIS and AACSB accredited, a standard which only one percent of universities reach worldwide, your degree will be highly valued on the labour market.

FEB Career Services
To support you in developing your career and strengthen your employability skills, our FEB Career Services empowers you to achieve lifelong success through various career services during your studies. Check: FEB Career Services.

Job examples

  • International economist
  • Financial expert and/or strategy expert in a multinational corporation
  • Staff member with an (inter)national governmental organisation such as IMF World Bank, OECD, WTO
  • Professional economist on development
  • Economic or financial consultant with an (inter)national governmental organisation
  • Business consultant with an internationally operating consultancy firm
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 programme 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.

The lecturers in the MSc Economics have excellent records. Prof. Heijdra is author of the textbook “Foundations of modern macroeconomics” and prof. Elhorst of “Spatial Econometrics: From cross-sectional data to spatial panels”.

Prof. Berk is Director of the department Economics and Research of the Dutch Central Bank and prof. Mulder is affiliated to the Dutch Authority Consumer and Market as specialist in the regulation of energy markets.

Prof. Schoonbeek's specialization is game theory; he published in the European Economic Review and Journal of Economics. Prof. De Jong is lecturer in Economic History and has recently been awarded a prestigious € 1.5 million VICI grant to be spent on research into quality of life indicators and economic growth in the first half of the twentieth century.

Dr. Angelini is lecturer in Econometric Methods and was elected lecturer of the year 2013 by the students of the Faculty of Economics and Business. Prof. Alessie published in many prestigious journal and is specialist in consumer and saving behaviour. Both are also specialists in Stata.

Dr. Kuper is specialist in macroeconometric modelling and Eviews and well-known as predictor of the final medal classification of each Olympics.


Research institute related to the MSc programme:

Economics, Econometrics & Finance

Apply nowDownload brochureOpen days and eventsContact

Contact

If you want to know more about the programme DDM Economics and Economic Analysis, please contact:

  • Dr. Marco Haan (Academic Director)
    Email: m.a.haan@rug.nl
    Telephone: 050 363 3685
  • Prof. Dr. Paul Elhorst (Academic Coordinator)
    Email: j.p.elhorst@rug.nl
    Telephone: 050 363 3893
  • 
								Testimonial of Emma Molenaar

    Economics and Economics Analysis challenges you at both a mathematical and an econometric level

    – Emma Molenaar
    Read more

    The main reason for me to choose the MSc Economics was that it contains courses that challenge you at both a mathematical and an econometric level, and you are still able to choose finance courses as well. I also applied for the DDM Economics and Economic Analysis with Universidad de Chile. This was my last chance to study abroad, which was the only thing I regretted not having done during my Bachelor. The double degree was an experience I wouldn't have wanted to miss. I advise it to anyone.

    In Chili, all of our teachers were experts in their fields and obtained their PHD at some of the most renowned universities in the world. The courses went into more depth and focused on case studies and research about Latin America. The fact that you get two supervisors for your thesis is also very nice. I had a lot of very good pointers from my supervisor from Chili, a professor and also prominent business man who helped me to improve my thesis a lot. Even though the courses are quite intensive, there is also plenty of time to do other things like exploring the country, meeting new people, and even joining a sports team like I did.

    Close

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/
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.