Financial Economics

Study mode:On campus Study type:Full-time Languages: English
Local:$ 2.19 k / Year(s) Foreign:$ 10.3 k / Year(s)  
StudyQA ranking:1342 Duration:12 months

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This programme provides you with 'state of the art'- knowledge in modern financial economics, including asset pricing, risk management, international finance and financial regulation. The focus is less on theoretical modelling and more on the application of these concepts in the real world. The programme includes recent developments in behavioral finance and courses on institutional effects and cultural biases. This unique focus equips students not only with traditional approaches in finance, but also with a sound understanding of human behaviour in financial markets. Graduates are well equipped for careers in banking or investment, consulting in financial or finance-related sectors and in multinational firms where (inter)national financial markets play an important role, or for careers in central banks, finance ministries or supra-national institutions, such as the IMF or World Bank.

Instruction modes

case study, literature study, oral presentation, computer exercise, research, computer modeling, research project, excursion, research proposal, tutorial, lecture, design project, working group, group assignment, group discussion, self evaluation, individual assignment, practicum, self study, integration module, project

Accreditation: NVAO

Erasmus Mundus program: This is an Erasmus Mundus program.

A completed Bachelor's degree in Economics or a closely-related discipline from a research university.

You should have sufficient background in research methods and mathematics, as well as courses covering:

  • Corporate Finance
  • International Economics
  • Banking
  • Investment and Finance
  • Monetary economics and Policy

A proficiency in English

In order to take part in this programme, you need to have fluency in both written and spoken English.This requirement has been satisfied when the student meets one of the following conditions:

  • Has successfully completed a three-year Bachelor's programme at a Dutch university.
  • Is a citizen of Australia, Canada (with exception of Quebec), Ireland, New Zealand, United Kingdom, or the United States of America.
  • Has successfully completed a Bachelor's programme that was taught completely in the English language in one of the following countries: EU/EEA-countries, Australia, Canada, New Zealand, United States of America.
  • Has successfully completed a Master's programme from a Dutch university of applied sciences (HBO).


All other students need one of the following certificates (TOEFL and IELTS certificates may not be older than two years).

  • A TOEFL score of ≥90, with subscores not lower than 18
  • A IELTS score of ≥6.5, with subscores not lower than 6.0
  • Cambridge Certificate of Advanced English (CAE) or Certificate of Proficiency in English (CPE) with a mark of C or higher

A letter of motivation

In this letter of motivation (max 2 pages) you should explain why you want to attend this programme and why you think you are suited for this programme.

There are various scholarships available for studying at Radboud University. Some of the opportunities are described below. A full list, including detailed information, can be found on our scholarships and grants page at our website. 

Radboud Scholarship Programme

Open to a select number of excellent international students. Instead of the institutional tuition fees, non-EEA students pay the legal tuition fees (€2,006 in 2017/2018). Visa and residence permit costs, liability insurance and health insurance are also covered.

Orange Tulip Scholarship

Open to students from Brazil, Mexico, Russia, Indonesia, South-Korea, Vietnam, Thailand, and China. Instead of the institutional tuition fees, non-EEA students pay the legal tuition fees (€2,006 in 2017/2018). Visa and residence permit costs, liability insurance and health insurance are also covered.

Fulbright-Radboud Scholarships

Open to excellent American students. The grant will be paid in 12 monthly instalments of 1,050 euros. International travel and the cost of the residence permit will be covered, and an extra allowance of €1150 will be paid on arrival.

Sino-Dutch Bilateral Exchange Scholarship

Open to excellent students from China. Consists of a contribution of € 16,113 towards the total costs of one year of study or research in the Netherlands.

DIKTI-Neso Scholarships

Aimed at lecturers at higher education institutions in Indonesia who wish to pursue a PhD or Master's at a university in the Netherlands. A DIKTI scholarship includes allowances for living expenses, insurance, travel costs, tuition fees and more.

Indonesian Education Scholarship (LPDP)

Open to excellent Indonesian students under the age of 35. Involves a full scholarship.

Holland Scholarship Programme

Open to excellent students from Canada, America, India and Turkey. Scholarship consists of 5,000 euros payed at the start of study.

Dutch Student Finance

EU/EEA students and Swiss students under 30 years of age are eligible if they are working at least 56 hours per month in the Netherlands, or have been living in the Netherlands for five years or more. Dutch student finance consists of four components: a basic grant, a supplementary grant (depending on the parental income), a student travel product, and a loan.

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