Study finance in Groningen and Lund and learn about corporate and sustainable finance, and what factors drive the investment decisions of companies.
What role do financial institutions play in supporting sustainable development and responsible investing? What drives the investment decisions of companies and investors and how should they finance their operations? And how do you decide at what price can a company be acquired or sold? You address issues like these in this double degree programme by analyzing and assessing actual, complicated financial issues that businesses and institutions encounter.
In your first year, you will study the MSc Finance from the University of Groningen (UG) and in your second year the MSc Finance from Lund University School of Economics and Management (LUSEM). Yet, whereas the programme in Groningen is more practically oriented with courses such as company valuation, institutional investment management and banking, insurance and risk management, the programme at LUSEM goes deeper into theoretical modelling and applying econometric techniques.
Once you have completed this double degree you will have academic knowledge and expertise in solving complex financial problems and understanding contemporary international literature in finance. You will learn how to apply this academic knowledge when you're analyzing new or unknown financial problems.
You will study one year in Groningen where you will obtain 60 ECTS of the MSc Finance.
During this year, you can specialise in various fields, which gives you the opportunity to pick courses and electives according to your interests and job aspirations. In all profiles, you have a wide variety of electives and work on research thesis papers.
In Sustainable Finance, you learn about the drivers
of responsible finance, banking, and investing. You will also carry
out an input-output analysis of a real-world problem in the areas
of trade, environment, and growth.
In Quantitative
Finance, you will gain
advanced knowledge about the use of
statistical and quantitative methods to analyze financial markets
and securities to produce robust investment strategies. You are
trained for positions such as quantitative analyst (quant) or risk
manager, where strong analytical, programming, and problem-solving
abilities are essential for navigating financial
markets.
In Corporate
Finance, you learn about practices to value a company and how
to analyse financial decisions and strategies of businesses. A few
examples of topics discussed are value maximization for the
shareholders, principal-agent problems, and behavioral
finance.
In Investment
and Asset Management, you can further develop your
understanding of portfolio management and investment. You study
valuation, pricing models, and applications of derivative
instruments and get to put theory into practice in a real-life
investment game.
General
Finance is for students who wish to create their own selection
of courses from the four profiles specified above.
| Semesters | ||||
|---|---|---|---|---|
| CoursesCourse Catalog > | 1a | 1b | 2a | 2b |
| MSc Finance (60 EC) | ||||
The second year you take one semester in Lund where you will get 30 ECTS.
| Semesters | ||||
|---|---|---|---|---|
| CoursesCourse Catalog > | 1a | 1b | ||
| Study at Lund University (30 EC) | ||||
| Specific requirements | More information |
|---|---|
| previous education |
To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained. Holders of a bachelor diploma of an accredited programme with a study load of 240 ECs of a Dutch Institution for Higher Education are eligible for admission after rounding off the pre-master programme for the MSc Finance. Holders of a BSc diploma of an accredited programme with a study load of 180 Ecs of a Dutch University are directly admitted or eligible for admission after rounding off the pre-master programme for the MSc Finance, the foregoing to be assessed by the Admissions Board. For more information, see: https://www.rug.nl/feb/apply-msc If you have any questions concerning admission, please contact our Admissions Office: https://www.rug.nl/admissions or consult the guide for Teaching and Examination Regulations for more information about admission and application requirements: https://www.rug.nl/feb/education/handbooks/teaching-examination-regulations?lang=en |
| Study programme | Organization | Transition |
|---|---|---|
| Business Administration | University of Groningen |
Additional requirements More information:You need to have completed the minor Finance successfully. |
| Econometrics and Operations Research | University of Groningen |
Additional requirements More information:You need to have completed the courses: Intermediate Asset Pricing and Intermediate Corporate Finance. |
| Economics and Business Economics | University of Groningen |
No additional requirements More information:You need to have completed the courses: Intermediate Asset Pricing and Intermediate Corporate Finance. |
| International Business | University of Groningen |
No additional requirements More information:You need to have completed the minor Finance successfully. |
| Type of student | Deadline | Start course |
|---|---|---|
| Dutch students | 01 May 2025 | 01 September 2025 |
| 01 May 2026 | 01 September 2026 | |
| EU/EEA students | 01 May 2025 | 01 September 2025 |
| 01 May 2026 | 01 September 2026 | |
| non-EU/EEA students | 01 May 2025 | 01 September 2025 |
| 01 May 2026 | 01 September 2026 |
| Specific requirements | More information |
|---|---|
| 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 fields: Economics and Business Economics, Business Administration, Econometrics and Operations Research, Economics of Taxation, International Business and Technology Management (with additional requirements). To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies, and the grades that you have obtained. For more information, see: https://www.rug.nl/feb/apply-msc If you have any questions concerning admission, please contact our Admissions Office: https://www.rug.nl/admissions or consult the guide for Teaching and Examination Regulations for more information about admission and application requirements: https://www.rug.nl/feb/education/handbooks/teaching-examination-regulations?lang=en |
| grade list |
A certified grade list(s) is considered in the evaluation |
| 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). |
| Type of student | Deadline | Start course |
|---|---|---|
| Dutch students | 01 May 2025 | 01 September 2025 |
| 01 May 2026 | 01 September 2026 | |
| EU/EEA students | 01 May 2025 | 01 September 2025 |
| 01 May 2026 | 01 September 2026 | |
| non-EU/EEA students | 01 May 2025 | 01 September 2025 |
| 01 May 2026 | 01 September 2026 |
| Nationality | Year | Fee | Programme form |
|---|---|---|---|
| non-EU/EEA | 2024-2025 | € 20800 | full-time |
| non-EU/EEA | 2025-2026 | € 21400 | full-time |
The tuition fees above are for the one year studying in Groningen. For an estimation of the total tuition fees for the double degree, please see DD fees.
Practical information for:
As a graduate of the MSc Finance you will be trained for positions in which you contribute as a specialist in finance to decision-making in private (multinational) companies and financial institutions, consultancy firms, (international) institutional organizations such as the IMF, World Bank, ECB, etc. and governmental institutions.
The curriculum of the programme offers you several options to develop a specific labour market orientation by selecting specific sets of courses. You may focus on a career in corporate finance, investing, banking, or finance and development.
Students who choose the Sustainable or Development Finance profiles can align financial decisions with corporate social responsibility goals. You can help investors make ethical and sustainable choices by assessing the impact of investments on issues like climate change, renewable energy, microfinance, and corporate governance.
Our education is strongly rooted in business practice and society. Also right from the start of your degree programme attention is paid to academic research and professional development since an analytical and critical mind and problem-solving capabilities are important qualities in any career our students aspire to.
Research institutes related to the MSc programme:
