Utrecht University

Law and Economics, Master

  • Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    15575 EUR/year
    Tuition fee
    2060 EUR/year
    Tuition fee
  • English
    Language
Utrecht's University Master in Law and Economics focuses on the economic and legal aspects of market regulation (in banking, energy, telecom, transport, health care, etc.), private equity, hedge funds, competition and competition policy, corporate governance and mergers. 

About

The Master in Law and Economics is offered by the Utrecht University. The interdependence of economics and law is the prime focus of the programme. As a graduate of this programme, you will be uniquely prepared to bridge what is a common gap between these disciplines. You combine the joint goal of this programme with one of the two distinctive tracks of Law and Economics. Find out more about the following tracks:

  • LLM track
  • MSc track

Growing demand for multidisciplinary experts

Utrecht University’s Master of Law and Economics was established in response to growing demands from international employers for multidisciplinary experts in competition, regulatory issues and governance. In the programme, you will examine legal and managerial issues as well as the underlying economic theories behind such cases as:

  • The European Commission’s imposition of a €1.47 billion fine on Philips for operating a cathode ray tube cartel.
  • UPS’s withdrawal from a €5.16 billion deal with TNT Express after European regulators moved to block the acquisition.
  • The European Commission’s investigation into the proposed acquisition of Dutch cable operator Ziggo by US-based Liberty Global.
  • The adequacy of governance codes in addressing Rhineland vs. shareholder economies in the area of executive pay, amongst other things.
  • The demise and subsequent bailouts of international banks by governments attempting to prevent financial system collapse.
  • The relocation of financial headquarters, or the use of transfer prices, to avoid paying taxes, as was recently revealed by firms like Google, Starbucks, and the Rolling Stones.

Real interaction between two disciplines

If you have a law background (LLB), you will qualify for an LLM degree through this programme, while an Economics background (BSc) typically qualifies you for an MSc in Law and Economics. Students from both (and other) backgrounds follow the same integrated programme in order to foster a multidisciplinary setting right from the start. Utrecht University’s Law and Economics professors – recognised as leading academics in their fields – investigate European as well as international regulation and governance.

Focused on both the legal and economic perspectives

Through its interdisciplinary approach focused on market regulation from both the legal and economic perspectives, this Master’s programme at Utrecht University will equip you with a completely new perspective and tool set.

The curriculum will provide you with the academic knowledge, interdisciplinary understanding and research and analytical skills required for either a professional or academic career at the intersection of economics and law (you can explore your career prospects here). You will also learn to communicate effectively with professionals from either disciplines.

Upon graduation, you will be:

  • Capable of conducting independent research in the areas of law and economics.
  • Able to solve problems in the areas of law and economics, both independently and with others, while taking societal considerations into account.
  • Apply legal and economic knowledge, theories and models for the testing or the development of policies of firms, organizations, or governmental bodies.
  • Able to professionally collaborate with others in interdisciplinary teams while evaluating your own performances, and contribute to combining and generating new knowledge within the team.

Career

Graduates of this programme typically apply for positions in regulatory and competition law or corporate environments (such as consultancies or regulatory departments of multinationals). They also obtain positions at regulatory bodies (such as the European Commission, ECB or national banks), competition authorities (like the ACM in the Netherlands) and various other regulatory agencies. These positions may be at the national level or in European-level institutions, such as ACER or ESMA. 

Positions in government departments, such as the Ministries of Economic Affairs or Healthcare, are also possible. Some graduates develop as entrepreneurs in start-up companies. Those obtaining the LLM degree, may also continue on either to large law firms with a strong corporate and competition law focus or to smaller firms specialising in competition law and regulatory law. LLM students will obtain the Dutch civil effect qualification (when Bachelor requirements are met), meaning that they qualify for the  professions of both judge and lawyer. Graduates also have continued in academia, either as lecturers or as PhD candidates.

Accreditation

Accredited by the NVAO - Accreditation Organisation of the Netherlands and Flanders.

Programme Structure

Courses include:
  • Public law and economics: core issues and case study 
  • Corporate governance 
  • Economics of competition law and policy 
  • Research and thesis trajectory law and economics 
  • Regulation and supervision of markets
  • Economic perspectives in regulation
  • Public policy and competition 
  • Financial regulation
  • Tax policy
  • Mergers, acquisitions and restructuring

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Credits
    60 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus
  • More information Go to the programme website

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

  • Minimum required score (Grade B):

    193

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score:

    96

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

  • LLM Track: Knowledge/competence in the field of Principles of Microeconomics and a bachelor in Law; or a minor in Law (45 ECTS), including knowledge/competence in the field of European law.
  • MSc Track: Knowledge/ competence in the field of European law and a bachelor degree in Economics or sufficient knowledge of economics including knowledge/competence in the fields of: Principles of Microeconomics, Mathematics, Industrial organization and Competition Policy, Corporate Finance, Econometrics.
  • Knowledge of the field of economic public law is recommended, for instance by following the Economic Public Law course (or an equivalent course).
  • For students who have not done a bachelor in Economics and who wish to do the LLM track, an extra economics course in the field of Law and Economics is recommended.
  • You are able to express yourself in proficient English, both orally and in written text, as evidenced by your motivation letter and/or writing sample, and the interview that is part of the selection procedure.
  • Further accepted proof of your proficiency in English: CPE- Grade C

Tuition Fee

  • International

    15575 EUR/year
    Tuition Fee
    Based on the original amount of 15575 EUR for the full programme and a duration of 12 months.
  • EU/EEA

    2060 EUR/year
    Tuition Fee
    Based on the original amount of 2060 EUR for the full programme and a duration of 12 months.

For more information about tuition fees and exemptions have a look at the programme website.

Living costs for Utrecht

900 - 1,450 EUR/month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Scholarships, fellowships, and grants offered by Utrecht University, the Dutch government, and other organisations can help fund your studies at the university.  You can begin your search for funding by reviewing the list below, which contains some of the scholarships and loans available to international students:

  • Utrecht Excellence Scholarships
  • Holland Scholarships
  • Orange Tulip Scholarships
  • Canadian student loans
  • Fulbright / NAF
  • US Federal Loans
  • Erasmus+ Master loans

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.