Study economic development and globalization in Groningen and learn about the societal and economic implications of international trade, finance, and sustainable development.
We are confronted with major challenges, such as rising inequality, populism, the erosion of democracy, tackling climate change and promoting fairer, and more inclusive growth. How can you make a real impact to address these challenges? In this MSc programme, we teach you about the necessary tools and economic theories to make an impact. You also develop an analytical mindset to work on societally relevant issues. Our graduates move on to influential jobs at (international) companies, government, or international organizations.
In the MSc Economic Development and Globalization (MSc EDG), you are taught societally relevant topics and how they are related to the world of economics, and we help you develop valuable skills in international trade, international finance and banking, policy analysis, and more. Also, you learn to analyze economic data, assess policy options, make economic development strategies, and provide recommendations to policymakers. We are proud of the recent very positive evaluation by the EQUIS peer review team about the outstanding quality of the ED&G students and management of the programme.
Did you know that the courses taught are closely related to the United Nations Sustainable Development Goals (SDGs)? To address the complex challenges facing the world, we believe it is essential for students to learn about the environmental, social, and economic dimensions. Companies all over the world increasingly recognize the importance of socially responsible practices that contribute to sustainable development. In this master’s programme, you work on real-world assignments in a diverse team to come up with solutions using empirical methods. Furthermore, you will explore the various dimensions of globalization, including the movement of goods and capital. You will cover issues such as inequality, trade, investment, environmental sustainability, and economic policy in developing countries.
If you want to study abroad, there are four possibilities to pursue a double degree master: Fudan University (Shanghai), the University of Göttingen (Germany), Lund University (Sweden), and Corvinus University (Budapest).
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.
Depending on your interests, you can choose to specialize in
various topics by selecting elective courses in global finance,
economic geography, inclusive and sustainable finance,
international banking, and monetary policy. You can also decide to
participate in the focus area Energy Transition and Climate Change
and specialize in energy transition and innovation.
You finish the master's programme by writing and defending a
thesis. Here are some examples of topics students researched:
Semesters | ||||
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CoursesCourse Catalog > | 1a | 1b | 2a | 2b |
Economic Development (5 EC) | ||||
Foreign Direct Investment and Trade (5 EC) | ||||
Elective(s) MSc ED&G A (10 EC) A few examples are: Globalization Debates; International Banking and Finance; Trade, Environment and Growth; Economic Geography. The full list of electives can be found on Ocasys. | ||||
Elective(s) MSc ED&G B (10 EC) A few examples are: Business Ethics; Emerging Markets (MSc); Foreign Market Entry Strategies; Sustainable Finance; Energy Transition & Innovation; Monetary Policy, Strategy and Operations; Regulating Energy Markets; Sustainability in Global Value Chains. The full list of electives can be found on Ocasys. | ||||
Research Seminar for ED&G (5 EC) | ||||
Master's Thesis ED&G (20 EC) | ||||
Country Studies (5 EC) |
Programme options |
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Future Prosperity and Sustainability Focus Area (specialization) Focus on the sustainable developments in our current society by the increasing influence of the Sustainable Development Goals (SDGs) of the United Nations. The upcoming impact of the SDGs force companies to redefine their purpose and seek a path for meaningful contribution. But, what are companies responsible for, and who bears the burden of the consequences? Your skills and knowledge will prepare you to actively contribute to the strategic developments in this dynamic field. |
Healthy Society Focus Area (specialization) Focus on tackling problems that impact healthcare providers and their societal partners in their day-to-day work. Issues such as scarce human resources combined with a higher, more complex demand for care, and more demanding citizens require solutions, which you will think about and design. |
Energy Transition and Climate Change Focus Area (specialization) Focus on the serious changes within the energy sector by dealing with issues such as how firms adapt to renewable energy, how the higher taxes are managed during this transition and how to deal with the weather dependent production of energy systems. Gain the knowledge and skills to shape a sustainable future in this evolving energy sector. |
Master Internship (specialization) Opportunity to gain work experience by doing an internship in the second semester of your study. You will be rewarded 15 ECTS on top of your programme. Your thesis will be postponed to the third semester. |
Double Degree Master - Central-Eastern European Economics (Budapest) (specialization) The two-year double-degree master combines international business and international economics topics, with a special focus on issues of economic transformation and integration. |
Double Degree Master - International Development Economics (Göttingen) (specialization) The two-year double-degree master focuses more on the economic development of low-income countries and a more microeconomic perspective on inequality, poverty and growth. |
Double Degree Master - Economic Development and Growth (MEDEG, Lund) (specialization) This two-year double-degree master combines the analysis of economic development from a long-run, historical perspective with a range of courses in economics and demography. |
Double Degree Master International Business and Finance (Shanghai) (specialization) Are you interested in an international career in or involving China? Study in Shanghai after your FEB Master's programme in Groningen and gain first-hand knowledge and experience of China and the economy, finance and culture. |
Study programme | Organization | Transition |
---|---|---|
Business Administration | University of Groningen |
Additional requirements More information:Students have to successfully complete minor ED&G. |
Economics and Business Economics | University of Groningen | No additional requirements |
Econometrics and Operations Research | University of Groningen | No additional requirements |
International Business | University of Groningen | No additional requirements |
Industrial Engineering and Management | University of Groningen |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Psychology (NL) | University of Groningen |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Sociology | University of Groningen |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Study programme | Organization | Transition |
---|---|---|
Econometrics and Operations Research | Erasmus University Rotterdam | No additional requirements |
Economics and Business Economics | Erasmus University Rotterdam | No additional requirements |
Fiscale Economie | Erasmus University Rotterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
International Business Administration | Erasmus University Rotterdam |
No additional requirements More information:For profile Analytical Decision-makers. |
International Business Administration | Erasmus University Rotterdam |
Via a pre-master with a maximum of For profiles Performance Analysts, Behavioural Experts, Global Thinkers and Business Developers: you need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Business Administration | Erasmus University Rotterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Study programme | Organization | Transition |
---|---|---|
Public Administration Science | Leiden University |
Via a pre-master with a maximum of For profile Economics, Public Administration and Management: you need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Computer Science | Leiden University |
Via a pre-master with a maximum of For profile Informatica & Economie: you need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Study programme | Organization | Transition |
---|---|---|
Business Analytics | Maastricht University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Business Engineering | Maastricht University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Econometrics and Operations Research | Maastricht University | No additional requirements |
Economics and Business Economics | Maastricht University | No additional requirements |
Global Studies | Maastricht University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Fiscale Economie | Maastricht University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
International Business | Maastricht University | No additional requirements |
Study programme | Organization | Transition |
---|---|---|
Accountancy | Nyenrode New Business School |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Business Administration | Nyenrode New Business School |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Study programme | Organization | Transition |
---|---|---|
Business Administration | Radboud University Nijmegen |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Economics and Business Economics | Radboud University Nijmegen | No additional requirements |
Study programme | Organization | Transition |
---|---|---|
International Business Administration | Tilburg University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Economics | Tilburg University | No additional requirements |
Entrepreneurship and Business Innovation | Tilburg University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Econometrics and Operations Research | Tilburg University | No additional requirements |
Fiscale Economie | Tilburg University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Study programme | Organization | Transition |
---|---|---|
Actuarial Science | University of Amsterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Business Administration | University of Amsterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Business Analytics | University of Amsterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Econometrics and Data Science | University of Amsterdam | No additional requirements |
Economics and Business Economics | University of Amsterdam | No additional requirements |
Fiscale Economie | University of Amsterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Study programme | Organization | Transition |
---|---|---|
International Business Administration | University of Twente |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Study programme | Organization | Transition |
---|---|---|
Economics and Business Economics | Utrecht University | No additional requirements |
Study programme | Organization | Transition |
---|---|---|
Business Analytics | VU University Amsterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Econometrics and Operations Research | VU University Amsterdam | No additional requirements |
International Business Administration | VU University Amsterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Business Administration | VU University Amsterdam |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Economics and Business Economics | VU University Amsterdam | No additional requirements |
Study programme | Organization | Transition |
---|---|---|
Management and Consumer Studies | Wageningen University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
Economics and Governance | Wageningen University |
Via a pre-master with a maximum of You need to first complete the 45 EC (or less) Pre-Master's programme. For information about the Pre-MSc application and entry requirements, please check https://www.rug.nl/feb/premaster. |
The information about entry requirements is an indication of your admissibility. Every application will be reviewed individually by the Admissions board so the admission decision may differ from the indication in this table.
Students with a Dutch diploma can apply directly to Studielink. More information on the steps to apply .
Type of student | Deadline | Start course |
---|---|---|
Dutch students | 15 October 2024 | 01 February 2025 |
01 May 2025 | 01 September 2025 | |
15 October 2025 | 01 February 2026 | |
EU/EEA students | 15 October 2024 | 01 February 2025 |
01 May 2025 | 01 September 2025 | |
15 October 2025 | 01 February 2026 | |
non-EU/EEA students | 15 October 2024 | 01 February 2025 |
01 May 2025 | 01 September 2025 | |
15 October 2025 | 01 February 2026 |
Specific requirements | More information |
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previous education |
To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in one of the following - or closely related - fields: Business Economics, Business Administration, Econometrics and Operations Research, Economics and Business Economics, International Business, Technology Management. To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies. For more information, please visit: https://www.rug.nl/feb/apply-msc. If you have any questions concerning admission to this programme, please contact our Admissions Office: https://www.rug.nl/admissions. |
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.
|
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).
|
other admission requirements |
Not meeting the pre-education requirements for direct entry? Please read more about our pre-Master programmes . |
Students have to apply via Studielink and the Progress Portal (replacing the previous system, Online Application System OAS) of the University of Groningen. After you apply for the programme of your choice, the Admissions Office will evaluate your educational background and assess your eligibility. Your application will be assessed on an individual basis. More information on how to apply.
Type of student | Deadline | Start course |
---|---|---|
Dutch students | 15 October 2024 | 01 February 2025 |
01 May 2025 | 01 September 2025 | |
15 October 2025 | 01 February 2026 | |
EU/EEA students | 15 October 2024 | 01 February 2025 |
01 May 2025 | 01 September 2025 | |
15 October 2025 | 01 February 2026 | |
non-EU/EEA students | 15 October 2024 | 01 February 2025 |
01 May 2025 | 01 September 2025 | |
15 October 2025 | 01 February 2026 |
Nationality | Year | Fee | Programme form |
---|---|---|---|
EU/EEA | 2024-2025 | € 2530 | full-time |
non-EU/EEA | 2024-2025 | € 20800 | full-time |
Practical information for:
In the MSc EDG, you will acquire a diverse set of skills that will prepare you for a wide range of careers in both the public and private sectors. As an economist, you will be able to analyze economic data, conduct research, and use economic models to understand and evaluate economic trends, policies, and development strategies. What's more, you will have an understanding of international economic dynamics and how they affect inequality but also environmental economics and sustainability. This knowledge and skills are needed to address some of the most pressing challenges facing our society today.
Graduates of the MSc EDG take up positions in internationally oriented firms (such as banks, consultancy firms, and multinationals), international organizations (such as World Bank, IMF, European Union, UN, and OECD), and internationally oriented departments of government agencies and policy advisors.
Our research-driven education is strongly rooted in business practice and society. At the heart of our teaching approach is (interdisciplinary) research and in collaboration with external partners, students, and professors conduct projects on societally relevant topics such as healthy society and the economics of healthcare systems, digitalization, and how AI is shaping business and societies, leadership and governance, future prosperity and sustainability, climate change and how to tackle the shift to renewable energy. From day one of your degree, we are about making a real impact. The teachers in this programme are all active researchers in the Global Economics and Management research group, in the area of international economics, and several of them collaborate with the renowned Groningen Growth and Development Centre . The following (full) professors teach in the MSc EDG:
Milena Nikolova is the Aletta Jacobs Professor in the Economics of Well-being. She is an expert on the health and well-being consequences of migration, labor market arrangements, and entrepreneurship. In addition to science, she is actively engaged in public policy and making a societal impact – she has worked in tanks and international institutions, such as the Urban Institute, the Brookings Institution, and the World Bank.
Steven Brakman is an expert in the field of economic geography, including as co-editor of the Journal of Regional Science . He frequently contributes to the public debate, including on Brexit, Trump’s trade war, and trade agreements. He has published extensively and authored textbooks on international economics and economic geography.
Dirk Bezemer studies the interaction between the financial system and the rest of the economy, focusing on the role of debt. His research is published in numerous journals and he has been funded by the Institute of New Economic Thinking . He is also a columnist in the Dutch periodical De Groene Amsterdammer .
Bart Los ’ area of expertise is on the interlinked nature of (regional) economies and the impact of such linkages on trade patterns and economic outcomes, such as economic growth and employment. He has published widely, is the editor of Economic Systems Research , and has contributed to the public debate on the consequences of Brexit.
Robert Inklaar ’s research is on the causes and consequences of productivity growth, including the impact on broader welfare. His research has appeared in a range of top economic journals and his work on developing the Penn World Table and Maddison Project Database is used extensively around the world.
Erik Dietzenbacher is an authority in the field of input-output analysis, including as president of the International Input-Output Association . His research has improved the tools for input-output analysis and these have been applied in such areas as international trade and environmental economics.
Harry Garretsen combines research in international economics with research on management and leadership. In this latter role, he is one of the directors of the LEAD centre of expertise. He is also a sought-after expert, including on the Bankraad, the advisory board of the Dutch Central Bank.
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 advisor's are available to help you. Obviously, everything discussed with the study advisor remains confidential.