Bachelor in Economics and Business Economics

General

Program Description

Would you like to become an economic expert in topics such as financial decision-making by firms, the fiscal or monetary policy of governments, or trade and international business? Then this is the program for you.

The three-year Economics and Business Economics Bachelor's degree is entirely in English. You will learn how business experts and policymakers attempt to stimulate both corporate and economic activity. The program will give you the theoretical tools and analytical skills needed to address complex issues.

During the first year - the foundation year - all students take the same course units. In year two, you will either specialize in Business Economics, Economics or International Economics and Business.

  • Business Economics focuses on decision-making within an organization from an economic point of view.
  • In Economics, you learn to develop models with which to obtain an understanding of economic phenomena.
  • International Economics and Business focus on international economic development and globalization and their impact on firms’ strategies and government policies.

After finishing the Bachelor's degree, you can continue as a master student at the University of Groningen.

Why study this program in Groningen?

Economics and Business Economics 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. Economics and Business Economics is a complete program: you start with a broad foundation year in which basic economic theory and business issues are covered and then choose the profile that interests you most.

Program

Year 1

During the first year of the program, you will take the same courses as your fellow students. These include introductions to Finance and Financial Accounting, International Economics, International Business, and Marketing. You will also tackle the fundamentals of Micro- and Macroeconomics, Mathematics and Statistics. You will write a short research paper, an essential aspect of academic life. Finally, you will take an English language course to develop academic writing and presenting skills.

Courses

  • International Business (5 EC)
  • Mathematics (5 EC)
  • Microeconomics: Consumers&Firms (5 EC)
  • Financial Accounting (5 EC)
  • Macroeconomics (5 EC)
  • Mathematics and Data Analysis (5 EC)
  • Marketing (5 EC)
  • Statistics (5 EC)
  • English (5 EC)
  • Research Paper (5 EC)
  • Asset Pricing and Capital Budgeting (5 EC)
  • International Economics (5 EC)

Year 2

Building on the broad foundation provided in the first year, you and your fellow students will continue with courses such as Monetary Macroeconomics, Trade Policy, and Economic Integration, Industrial Organization, Finance, Mathematics, Economics of Banking and Econometrics. In addition to these courses, you will choose between a profile in:

  • Business Economics
  • Economics
  • International Economics and Business

You will write an empirical research paper at the end of your second year.

Courses

  • BE - Empirical Research Paper (5 EC)
  • BE - Matrix Analysis and Optimization (5 EC)
  • BE - Microeconomics - Industrial Organization (5 EC)
  • BE - Operations and Logistics Management (5 EC)
  • BE - Philosophy and Ethics of Business (5 EC)
  • ECO - Capital Structure and Financial Planning (5 EC)
  • ECO - Econometrics for Economics (5 EC)
  • ECO - Economics of Banking (5 EC)
  • ECO - Empirical Research Paper for Economics (5 EC)
  • ECO - Growth, Institutions, and Business (5 EC)
  • ECO - History of Economic Thought (5 EC)
  • ECO - Intermediate Mathematics (5 EC)
  • ECO - Matrix Analysis and Optimization (5 EC)
  • ECO - Microeconomics - Industrial Organization (5 EC)
  • ECO - Monetary Macroeconomics (5 EC)
  • ECO - Public Finance (5 EC)
  • ECO - Trade Policy and Economic Integration (5 EC)
  • IE&B - Capital Structure and Financial Planning (5 EC)
  • IE&B - Econometrics (5 EC)
  • IE&B - Economics of Banking (5 EC)
  • IE&B - Empirical Research Paper (5 EC)
  • IE&B - Global Development Studies (5 EC)
  • IE&B - Growth, Institutions, and Business (5 EC)
  • IE&B - International Business Strategy (5 EC)
  • IE&B - Matrix Analysis and Optimization (5 EC)
  • IE&B - Microeconomics - Industrial Organization (5 EC)
  • IE&B - Monetary Macroeconomics (5 EC)
  • IE&B - Philosophy, and Ethics of Business (5 EC)
  • IE&B - Trade Policy and Economic Integration (5 EC)
  • BE - Monetary Macroeconomics (5 EC)
  • BE - Trade Policy and Economic Integration (5 EC)
  • BE - Management Accounting (5 EC)
  • BE - Capital Structure and Financial Planning (5 EC)
  • BE - Econometrics (5 EC)
  • BE - Human Resource Management (5 EC)
  • BE - Economics of Banking (5 EC)

Year 3

In the third year, you will take a Minor. Options are a Minor offered by your own degree program, a Minor from a different faculty of the UG or a Minor that involves studying abroad for a full semester – be that in Europe, Latin America, Australia, Canada, China, the USA or elsewhere in the world. For students with the International Economics and Business profile, a stay abroad is compulsory. At the end of the third year, you will write your Bachelor's thesis.

Courses

  • BE - Bachelor's Thesis (10 EC)
  • BE - Corporate Finance (5 EC)
  • BE - Faculty Minor or University Minor or Foreign Minor (study abroad) (30 EC)
  • BE - Financial Statement Analysis (5 EC)
  • BE - Intermediate Asset Pricing (5 EC)
  • BE - Marketing Research (5 EC)
  • ECO - Bachelor's Thesis (10 EC)
  • ECO - Faculty Minor or University Minor or Foreign Minor (study abroad) (30 EC)
  • ECO - Intermediate Macroeconomics (5 EC)
  • ECO - Intermediate Microeconomics (5 EC)
  • ECO - Labour Economics (5 EC)
  • ECO - Political Economics (5 EC)
  • IE&B - Bachelor's Thesis (10 EC)
  • IE&B - Foreign Minor (study abroad) (30 EC)
  • IE&B - Globalization - MNES & Institutions (5 EC)
  • IE&B - Globalization - The Great Unbundlings (5 EC)
  • IE&B - Growth, and Development Economics (5 EC)
  • IE&B - International Financial Markets (5 EC)

Study abroad

  • Study abroad is recommended
  • Maximum of 30 EC

In the IE&B profile, you have to study abroad during your Minor in the third year.

For the other two profiles you are not obliged to study abroad, but it is optional.

Entry requirements

Choice of the degree program check

If you apply before 1 May, our student adviser will contact you to set up a skype meeting to talk about your motivation for and expectations of the bachelor's program in Religious Studies.

Admission requirements

Specific requirements More information
additional subject Mathematics should have been passed as a standard/methods level subject in your secondary school education. Please note that the level of mathematics will need to be assessed by the Admissions Board.
language test IELTS Academic overall score 6 (Speaking 6, Writing 5.5); TOEFL internet-based overall score 90 (Speaking 20, Writing 20); C1 Advanced (with minimum score 169); University of Groningen Language Centre Test B2 overall.
previous education To meet the general entry-level requirements, you will need an educational background equivalent to the Dutch pre-university education (VWO).


Registration procedure

Students have to apply via Studielink and the Online Application System (OAS) of the University of Groningen. After you apply for the program of your choice, the Admissions Office will evaluate your educational background and assess your eligibility. Your application will be assessed on an individual basis.

Application deadlines

Type of student Deadline Start course
Dutch students 01 May 2020 01 September 2020
EU/EEA students 01 May 2020 01 September 2020
non-EU/EEA students 01 May 2020 01 September 2020

Tuition fees

Nationality Year Fee Program form
EU/EEA 2019-2020 € 2083 full-time
non-EU/EEA 2019-2020 € 8900 full-time
EU/EEA 2020-2021 € 2143 full-time

The Dutch government intends to halve the statutory tuition fees for specific groups of first-year bachelor's students starting from the 2018/19 academic year.

Job prospects

A Master's degree in Finance offers career opportunities in corporate finance, corporate governance, financial markets, and portfolio management, with job opportunities at multinationals such as PwC, Google, Coca-Cola, or Toyota.

A Master's degree in Economics grants you access to the world of banking or the government sector, where you could help develop economic policy. A Master's degree in Economic Development and Globalization opens the gateway to multinationals, intergovernmental institutions or international organizations. All of these degrees could help you become an analyst for a research institute, consulting firm or university.

If you choose the Research Master's degree programme you could move into academia and perhaps decide to go further and earn a Ph.D. at a university in the Netherlands or abroad.

Because all our programs are EQUIS and AACSB accredited, a standard that only one percent 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.

Job examples

Financial or Asset Manager

A Master's degree in Finance offers graduates attractive career opportunities in many different areas. You could end up as a financial or asset manager. Or maybe corporate governance, risk analysis or stock trading is your thing. You will be ready to start work at multinationals such as PwC, Google, Coca-Cola or Toyota. Studying Finance will open a wide range of opportunities for you.

Analyst or Financial Advisor for banks

A Master's degree in Economics may lead you to the world of banking, where you might become an analyst or financial advisor, or you could work in the policy department of a central bank, perhaps analyzing the impact of monetary and economic policy. You might choose the government sector, beginning in an advisory role and moving on to a management position. You could help develop important socio-economic programs and devise ways of administering them.

Expert in International Economics and Business

A Master's degree in International Economics and Business will provide you with the credentials to work for a multinational or any kind of governmental institution or international organizations. You might become an analyst for a research institute, consulting firm or university.

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 program 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.

In collaboration with external partners, we conduct research projects on e.g banking, local government, customer insights, leadership, energy, healthy aging, and lean operations.

Last updated Feb 2020

About the School

The University of Groningen has a rich academic tradition dating back to 1614. From this tradition arose the first female student and the first female lecturer in the Netherlands, the first Dutch astr ... Read More

The University of Groningen has a rich academic tradition dating back to 1614. From this tradition arose the first female student and the first female lecturer in the Netherlands, the first Dutch astronaut and the first president of the European Central Bank. Geographically, the University is rooted in the Northern part of the Netherlands, a region very close to its heart. Read less
Groningen , Leeuwarden + 1 More Less

Accreditations

EFMD Equis Accredited
AACSB Accredited