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International Financial Management – (M.Sc.)

University of Groningen

Faculty of Economics and Business
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Disciplines:
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Application Deadline: May 1; December 1 (scholarship)
Annual Tuition Fee: ≈ € 1,713 ≈ € 11,400 (non-EEA)
Location: Groningen / Netherlands / View location on map ▾ Hide location on map ▴
Duration: 18 months Start Date: September
Educational Form:
  • Taught
Education Variants:
  • Fulltime
Special:
  • Joint
Credits (ECTS): 90
Languages: English 
6.563136,53.219034

Location of University of Groningen

These days internationally oriented firms and organizations do not merely need financial specialists who are acquainted with the latest tools and techniques. They are looking for professionals who can use these tools and techniques for managing information and business resources.

The Master´s degree programme in International Business & Management designed this specialization in International Financial Management to meet this need. The International Financial Management programme is a double degree programme that is offered jointly by the University of Groningen in the Netherlands and Uppsala University in Sweden.

The double degree programme consists of two one-year master programmes: the Master of Science in International Business and Management (IB&M), Specialization International Financial Management (IFM) of the University of Groningen, the Netherlands, and the Master of Science in Business and Economics of Uppsala University, Sweden. It has a unique set-up. Students take one semester of courses in Groningen, one semester of courses in Uppsala and have to write one master´s thesis (also one semester), which is supervised by staff members from both universities.

The thesis will be part of both Master of Science programmes. By organizing the thesis project in this way, students can effectively study two one-year master programmes in three semesters (i.e. 18 months/90 EC).

Students graduating from this programme may have a career in senior management levels at different internationally oriented organizations, such as multinationals and/or international organizations like IMF, World Bank, UN, etc.

International Financial Management (IFM) aims to develop future managers to handle the complexities of foreign capital investments and financing, evaluate risks related to operating abroad, manage and control international production and sales activities, manage alliances with foreign parties, and set up information processing and reporting. You will be prepared for managerial careers in financial organizations as well as in multinational companies as corporate financial managers.


Contents

The curriculum includes courses in advanced international economics & business and international business & management, international management accounting and control; international financial management, international financial markets, advanced company valuation, etc.

The programme is completed with a final project in which students demonstrate their knowledge of the theory and practice of international financial management, resulting in a Master´s thesis.

University Course Semester 1.1:

Groningen

* Advanced International Business10
* International Management Accounting and Control5
* Advanced International Financial Management5
* Financial Markets & Corporate Strategy

Semester 1.2: Uppsala

* International Financial Management7.5
* Advanced Company Valuation7.5
* Service Management7.5
* Cross Cultural Management

Semester 2.1: Groningen and/or Uppsala

* Thesis project25
* Research Methodology5

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Requirements

1. Academic requirements:

* Bachelor´s degree in Business Studies, Economics or Management, with (substantial) modules in research methods, statistics, finance, and management.

2. English language requirements:

* Proficiency in English: TOEFL92 (iBT)/237 (CBT)/580 (PBT) or IELTS 6.5

3.GMAT score:

* 600 or higher: you will be automatically accepted, provided you meet all other requirements
* 500 or higher: the final decision will be taken by the Board of Admissions

Additional Requirements

Minimal degree required: Bachelor's degree
Minimal amount of work experience Not specified

Language Proficiency

IELTS Band: 6.0
TOEFL Paper-based: 580
TOEFL Computer-based: 237
TOEFL Internet-based: 92

Accreditation

Accredited by the Dutch Government


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