Groningen, Netherlands
DURATION
1 year
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
15 Oct 2025*
EARLIEST START DATE
01 Sep 2025
TUITION FEES
EUR 20,800 / per year **
STUDY FORMAT
On-Campus
* Dutch, EU/EEA and non-EU/EEA students
** for Non-EU|for EU/EEA EUR 2,530
Key Summary
Introduction
Do you want to understand the opportunities and challenges posed by globalization for the economic development of countries? Then this program is for you.
Increasing international trade and finance is opening up new opportunities for the growth of firms, regions, and countries. At the same time, it is posing new challenges as the benefits are not equally distributed and inequality is rising. In the one-year Master's degree in Economic Development and Globalization (MSc ED&G), you will learn the tools to grasp the complex relationships between globalization and the economic development of regions and countries.
You will use state-of-the-art economic theories to discover the impact of global trade and of financial globalization on economic growth and welfare. As you develop your skills, you will learn to recognize the forces that shape geographical patterns of economic activity. You will learn to advise firms and governments on how to reap the benefits of globalization and international value chains.
For those seeking to augment the one-year program in Groningen, there are four possibilities to follow a Double Degree: with Fudan University (Shanghai), the University of Göttingen (Germany), Lund University (Sweden), and Corvinus University (Budapest).
The MSc Economic Development and Globalization were previously offered under the name MSc International Economics and Business.
Why study this program in Groningen?
In the program, you learn how globalization is changing our world. What is the role of internationally operating organizations, institutions, and policies in economic advancement and in bridging the global development gap?
The MSc in Economic Development and Globalization is an internationally accredited program, ensuring a high-quality education that meets both the AACSB and EQUIS standards, which only one percent of universities reach worldwide.
The program offers a consistent international setting both in terms of content and orientation at a high level. Graduates are selected to participate in high-level research activities of international organizations (such as the OECD in Paris, Conference Board in New York, and the ILO in Geneva) and national organizations (such as the Dutch Central Bank and The Netherlands' Bureau for Economic Policy Analysis). Our academic staff has strong relationships with international research and consultancy institutes as well as policy advice centers.
Curriculum
The program offers two profiles: 'Globalization, Growth and Development' and 'International Capital and Globalization'. You choose a specific set of electives, write your master's thesis on a topic within that theme and receive a certificate as a supplement to your degree.
You can also choose your own selection of electives and follow your own interests (subject to certain conditions). The program aims to train students in economic analysis and decision-making in national and international organizations, such as multinationals, financial institutions, consultancy firms as well as government agencies, and policy advisory agencies.
Students will acquire the very latest knowledge on topics like international trade, growth and development economics, and the theory of banking and of international capital flows and apply the theories to real-world problems. After graduating, students will be able to apply this knowledge in different settings and interpret the interrelationship between the knowledge areas. Presenting, discussing, and learning from current research are incorporated throughout the program. Learn to understand and contribute to the current economic debate and link this to economic theory, by thinking and writing critically.
Courses
- Economic Development (5 EC)
- Elective(s) A MSc ED&G (15 EC)
- Elective(s) B MSc ED&G (10 EC)
- Foreign Direct Investment & Trade (5 EC)
- Master's thesis (20 EC)
- Research Seminar for ED&G (5 EC)
Program options
- Globalization, Growth, and Development (profile)
- International Capital and Globalization (profile)
- DDM - Central-Eastern European Economics (Budapest) (specialization)
- Energy Focus Area (specialization)
- Master Internship (specialization)
- DDM - Applied International and Development Economics (Göttingen) (specialization)
- DDM - Economic Development and Growth (MEDEG, Lund) (specialization)
- DDM - China and the World Economy (Fudan) (specialization)
Study abroad
- Study abroad is optional
Admissions
Gallery
Career Opportunities
Job prospects
After completing this program you are a broadly-oriented economist with a strong international profile. You are ready for an international career at multinational firms, financial institutions, consultancy, and public organizations. Jobs such as market analyst, trade expert, global strategy, and policy advisor will suit you well.
Graduates of the MSc ED&G will be able to take up positions in internationally oriented firms (such as banks and multinationals), international organizations (such as World Bank, IMF, European Union, UN, and OECD), and internationally oriented departments of government agencies and policy advisors. The program is focused on developing the kind of skills and abilities needed by those who work as professional economists and economic advisers.
Because all our programs are EQUIS and AACSB accredited, which only 1% of universities reach worldwide, your degree will be highly valued in the labor 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. In order to give you a better idea of your prospects after graduating.