Economics (Research master)

The Research Master in Economics at Vrije Universiteit Amsterdam is a comprehensive and rigorous two-year program designed for students who aim to deepen their understanding of economic theories, models, and quantitative methods. This program offers a strong foundation in both microeconomics and macroeconomics, along with advanced training in econometrics and applied research techniques. It prepares students for PhD studies or research-oriented careers in academia, policy institutes, or the private sector. Throughout the program, students engage with a diverse range of courses that cover contemporary economic issues, statistical analysis, and empirical research methods, providing them with the skills necessary to analyze complex economic problems critically and independently. The curriculum is structured to promote analytical thinking, data-driven decision-making, and theoretical expertise, allowing students to specialize in areas such as development economics, behavioral economics, or financial economics, among others. The program emphasizes a strong engagement with current research, encouraging students to contribute to the academic community through research projects, presentations, and collaborations with faculty members. The faculty at Vrije Universiteit Amsterdam are prominent researchers and experts, offering personalized supervision and guidance tailored to students’ research interests. Additionally, the program provides opportunities for international exchange and collaboration, enhancing global perspectives and networks. Graduates of the Research Master in Economics are well-equipped with the rigorous training and knowledge necessary for doctoral studies or high-level research roles. The university’s vibrant academic environment, state-of-the-art facilities, and close ties with policymakers and industry ensure a stimulating learning experience. Overall, this program is ideal for aspiring economists dedicated to advancing economic science and contributing meaningful insights to solve real-world challenges.

The Master's programme in Economics at Vrije Universiteit Amsterdam offers a comprehensive and in-depth exploration of economic theories, models, and methodologies. Designed for students who wish to develop advanced analytical skills and a robust understanding of economic issues, this programme prepares graduates for a variety of careers in policy analysis, research, consultancy, and academia. Throughout the programme, students engage with core topics such as microeconomics, macroeconomics, econometrics, and applied economic analysis, building a solid foundation in both theoretical frameworks and empirical techniques.

The curriculum emphasizes quantitative skills, requiring students to master statistical software and data analysis methods essential for modern economic research. Specializations allow students to focus on areas such as behavioural economics, development economics, financial economics, and international economics, tailoring their education to their specific interests and career goals. The programme combines rigorous coursework with opportunities for independent research, culminating in a thesis that demonstrates the student's ability to synthesize and apply economic concepts to real-world problems.

Beyond classroom learning, students benefit from close collaboration with faculty members who are active researchers in their fields, gaining insights into current economic debates and policy issues. The programme also offers optional internships, seminars, and workshops, providing practical experience and networking opportunities in the economic sector. Graduates of the programme are equipped not only with advanced economic knowledge but also with critical thinking, problem-solving skills, and a global perspective vital for tackling economic challenges worldwide.

With its focus on both theory and practical application, the Master's in Economics at Vrije Universiteit Amsterdam prepares students for diverse roles in international organizations, governmental agencies, financial institutions, and research institutes. Graduates leave with a well-rounded skill set that enables them to analyze complex economic phenomena, advise policymakers, and contribute innovative solutions to economic issues at local, national, and global levels.

Program requirements for the MSc in Economics at Vrije Universiteit Amsterdam typically include a relevant bachelor's degree in Economics or a closely related field, demonstrating strong academic performance and quantitative skills. Applicants are expected to have a solid foundation in microeconomics, macroeconomics, and econometrics, with coursework evidence. Proficiency in English is mandatory, usually proven through TOEFL or IELTS scores that meet the university's minimum standards. Additionally, relevant work experience or internships can strengthen an application but are not compulsory. Applicants should submit a completed online application form, academic transcripts, a motivation letter outlining their interest in the program and career goals, and two academic references. The admissions review process evaluates academic background, motivation, and potential for success in rigorous economic analysis. There is often a requirement for a curriculum vitae (CV) highlighting academic and professional activities related to economics. Candidates may be interviewed as part of the admission procedure to assess motivation and communication skills. The program emphasizes analytical and empirical skills, so prior experience or coursework in statistics, data analysis, or programming may be advantageous. English language proficiency tests must be recent and meet the specified score thresholds, typically a TOEFL score of at least 92 (internet-based test) or an IELTS score of 6.5. Applicants are advised to demonstrate motivation for studying economics and how the program aligns with their career aspirations. The university values diversity and applicant potential, considering various backgrounds and experiences in its selection process. International students should also check for visa requirements and application deadlines well in advance. The entire application process is designed to ensure candidates possess the necessary academic foundation, motivation, and language skills to succeed in the demanding MSc program in Economics at Vrije Universiteit Amsterdam.

Tuition fees for the Bachelor's in Economics at Vrije Universiteit Amsterdam vary depending on the student’s nationality. For Dutch and EU/EEA students, the annual tuition fee is approximately €2,209. Non-EU/EEA students are charged higher, around €15,000 per year. There are several financial aid options available for eligible students. Dutch students can apply for student grants and loans through the Dutch government, which can help cover living expenses and study costs. International students from outside the EU/EEA are encouraged to explore scholarships and sponsorship opportunities, some of which are provided directly by VU Amsterdam or through external organizations. The university offers various scholarships such as the VU Fellowship Programme, which supports talented students pursuing their studies. Additionally, students are advised to look into external scholarship sources from governments, private foundations, and international organizations. Budgeting for living expenses is essential, with estimated costs including accommodation, food, transportation, books, and personal expenses totaling approximately €8,000 to €10,000 annually. Many students finance their studies through part-time work or internships, supported by Dutch regulations allowing international students to work a limited number of hours during the academic year. The university provides assistance in financial planning and advice for managing study costs. International students should also consider exchange programs and summer school options that can sometimes reduce overall education costs. Additionally, some students receive support through family or sponsorships, while others rely on personal savings. It is recommended to explore all available options early on to ensure adequate preparation for the financial requirements of the program. Overall, financing an Economics degree at VU Amsterdam involves careful planning due to the varying tuition fees and living costs, with multiple resources and financial support options available to help students successfully fund their studies.

The Bachelor's degree in Economics at Vrije Universiteit Amsterdam offers students a comprehensive foundation in economic theory and practice, preparing them for diverse careers in the fields of finance, policy, and business. The program emphasizes both macroeconomics and microeconomics, enabling students to analyze economic phenomena at both individual and aggregate levels. Students are introduced to quantitative methods, including econometrics and data analysis, equipping them with essential skills for empirical research and decision-making. The curriculum includes courses on economic policy, international economics, development economics, and behavioral economics, providing a broad perspective on economic issues. Throughout the program, students develop critical thinking, analytical skills, and a deep understanding of economic systems and their interconnectedness with societal challenges.

The university fosters an interactive learning environment, encouraging students to participate in seminars, group projects, and internships to apply their knowledge practically. Accessibility to renowned faculty members is supported by small class sizes and personalized guidance. The program emphasizes an international outlook, with opportunities for exchange programs, internships abroad, and courses taught in English, preparing students for a globalized job market. Graduates of the Economics program are well-equipped to pursue careers in consulting, financial services, government agencies, international organizations, or continue their studies at master's level. The university’s location in Amsterdam provides students with access to a vibrant economic landscape, offering internships and networking opportunities with industry leaders. The degree program aims to cultivate economic literacy, critical analysis skills, and a sense of social responsibility, aligning with the university’s commitment to academic excellence and societal impact.