MSc Economic Development and Globalization
University of Groningen
About this program
MSc Economic Development and Globalization
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 economic 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 recognise 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.
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Admission requirements
International diploma
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.
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.
For more information about admission requirements, please visit the university website.
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Learn moreProgram content
Year 1
- Economic Development
- Elective(s) A MSc ED&G
- Elective(s) B MSc ED&G
- Foreign Direct Investment & Trade
- Master's thesis
- Research Seminar for ED&G
Scholarships & funding
Several scholarship options are available, please visit the university website for more information.
Tuition
- Tuition fees for EU/EEA Students: € 2,314 per year
- Tuition fees for Non-EU/EEA Students: € 17,800 per year
Qualification
Credits: 60 ECTS
MSc in Economic Development and Globalization
Career paths
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, in 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.
As a graduate, your degree will be highly valued in the labor 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.
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About this institute

University of Groningen
The University of Groningen is one of the oldest universities in the Netherlands, founded in 1614 and it ranks amongst the top 100 universities in the world. We are a research-intensive institution offering a wide range of highly regarded bachelor, master...
Why study at University of Groningen
We're a Top 100 University
Study at one of the world’s leading universities. Learn from the best and take advantage of exciting research opportunities. Live in a vibrant city where over a quarter of the population are students. Whatever you’re seeking from your university experience, you’ll find it in Groningen. With over 45 world-class Bachelor’s programmes and 160 highly-ranked Master’s programmes, we have a field of study for you.
Our groundbreaking research
As a student, you will be actively involved in research at one of Europe’s top research institutions from the get-go. The University of Groningen carries out ground-breaking and socially-relevant research that builds bridges between disciplines and closes the gap between science and society.
400 years of reputation
The University of Groningen is the second oldest university in the Netherlands and has built a reputation for excellence. Many talented people have passed through the university during its rich 400-year history, including Nobel Prize winners like Ben Feringa (Chemistry, 2016) and Frits Zernike (Physics, 1953). Some have been pioneers in their respective fields, such as the first female University student and the first female lecturer in the Netherlands, the first Dutch astronaut and the first president of the European Bank.
Vibrant Student Life
While its history can be traced back to 300 BC, today Groningen is a vibrant student city with the youngest population in the Netherlands – one in four people here is a student! That means there’s always something to do, with various art and music festivals, theatres, cinemas and performance venues catering to all tastes, whether you prefer to watch or want to join in. In Groningen, you’ll see students everywhere: studying in the pretty Noorderplantsoen park, working various part-time jobs and partying the night away.
Global Community
The University of Groningen attracts a large international community! Our Erasmus Student Network (ESN) conveniently facilitates all international students in Groningen and organizes over 150 activities a year. The University of Groningen has strong international connections which means that you can easily spend part of your degree studying abroad. The University also offers several unique international Master’s degree programmes in cooperation with other large European universities.
Contact info
University of Groningen
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