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Education Master's and PhD degree programmes Economics DDM 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 in Santiago, you will gain comprehensive knowledge of the economies, economic policies, strategies, theories and practices of Europe and Latin America. This programme 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 a Master in Economic Analysis (Santiago de Chile). The programme will provide you with 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 thoroughly understand 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?
  • You can earn two Master's degrees by studying in Groningen and at a top university abroad - Universidad de Chile in only 18 months. You will learn to add a comparative perspective to economic topics.
  • 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 take the courses of the MSc Economics in Groningen: https://www.rug.nl/feb/msceconomics

CoursesCourse Catalog >
MSc Economics (60 EC)

You take one semester (July-December) of courses in Santiago, Chile. Potential courses are 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)

Competition Policy and market regulation

Electives (12 EC)

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). Consult the following link for updates: http://nexointernacional.fen.uchile.cl/courses-at-fen/.

Growth and economic development (6 EC)
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: https://www.rug.nl/admissions

Application deadlines

Type of studentDeadlineStart course
Dutch students01 May 202301 September 2023
EU/EEA students01 May 202301 September 2023
non-EU/EEA students01 May 202301 September 2023

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.

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.

Both GMAT and GRE are now being offered by mba.com and ETS as an online option to take from home worldwide. Please check their websites for more information.

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).

  • ETS is offering the TOEFL tests as an online option to take from home worldwide. Please check their website for more information.
other admission requirements

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

Application deadlines

Type of studentDeadlineStart course
Dutch students01 May 202301 September 2023
EU/EEA students01 May 202301 September 2023
non-EU/EEA students01 May 202301 September 2023
Tuition fees
NationalityYearFeeProgramme form
EU/EEA2022-2023€ 2209full-time
non-EU/EEA2022-2023€ 16201full-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

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.

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.

FEB Career Services
When you become a student at the faculty, we want to support you in developing your career and strengthening your employability skills. You can count on a dedicated on-campus Career Services team offering you a wide range of courses, workshops, events and career-related support during your studies. Everything you need to enter the labour market.

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 professional development since an analytical and critical mind and problem-solving capabilities are important qualities in any career our students aspire to.

The lecturers in the MSc Economics have excellent records. Prof. Heijdra is the 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 of Economics and Research of the Dutch Central Bank and prof. Mulder is affiliated with the Dutch Authority Consumer and Market as a 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 a 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 a 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 journals and is a specialist in consumer and saving behaviour. Both are also specialists in Stata.

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


Research institute related to the MSc programme: Economics, Econometrics & Finance.

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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/
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.