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    The CentER Research Master's program in Business consists of the doctoral course work which precedes the research years of the PhD. It enables students to accumulate theoretical and technical knowledge of research methodology courses and develops the skills required for cutting-edge research in their field. The Research Master's program in Business ensures that students get acquainted with analytical and empirical tools that are frequently used in business research. In addition, the students gain a deep knowledge of their chosen field of specialization (accounting, finance, information management, marketing, operations research, and organization and strategy).

    The courses of the Research Master's program in Business are taught by internationally renowned researchers belonging to the faculty of CentER, and some excellent scholars invited from abroad.

    This program offers six different specializations:

    • Finance (corporate finance, asset pricing, banking)
    • Accounting (managerial, financial accounting)
    • Information Management
    • Marketing (marketing research, consumer psychology)
    • Operations research (operations management, optimization techniques)
    • Organization and strategy (international business, innovation management, organization theory)

    Accounting Specialization

    Year 1

    Fall Semester (August 2013 - December 2013)

    Compulsory subjects

    • Empirical Research in Business (CentER) 6 ECTS
    • Economic Analysis of Accounting (CentER) 6 ECTS
    • Principles of Accounting (CentER) 6 ECTS
    • Quantitative Methods for Business (CentER) 6 ECTS
    • Microeconometrics 6 ECTS

    Total 30 ECTS

    Spring Semester (January 2014 - May 2014)

    Compulsory subjects

    • Econometrics Models in Economics (CentER) 6 ECTS
    • Microeconomics 2 (CentER) 3 ECTS
    • Information Economics (CentER) 3 ECTS
    • Behavioral Economics and Control (CentER) 6 ECTS
    • Advanced Research Techniques 1 (CentER) 3 ECTS
    • Advanced Research Techniques 2 (CentER) 3 ECTS
    • Advanced Topics in Accounting (CentER) 6 ECTS

    Total 30 ECTS

    Year 2

    Fall Semester (August 2014 - January 2015)

    Compulsory subjects

    • Asset Pricing 1 (CentER) 6 ECTS
    • Research in Financial Accounting (CentER) 6 ECTS
    • Research in Management Accounting (CentER) 6 ECTS
    • Academic Writing in English for CentER Research Masters 1 ECTS
    • Research MsC in Business: Accounting Thesis 14,5 ECTS
      (whole year, tot. 29 ECTS credits)

    Compulsory optional subjects

    Choose 12 ECTS from courses in cluster A

    (note: courses are offered in the Fall and Spring semester)

    • Economic Foundations of Strategy, Organization and International Business 6 ECTS (Cluster A)
    • Corporate Finance 1 (CentER) 6 ECTS (Cluster A)
    • Elective(s) Master 12 ECTS (Cluster A)

    Spring Semester (January 2015 - August 2015)

    Compulsory subjects

    Research MSc in Business: Accounting Thesis 14,5 ECTS

    (whole year, tot. 29 ECTS credits)

    Compulsory optional subjects

    • Financial Econometrics (CentER) 6 ECTS (Cluster A)

    Year total 60 ECTS

    Finance Specialization

    Year 1

    Fall Semester (August 2013 - December 2013)

    Compulsory subjects

    • Quantitative Methods for Business (CentER) 6 ECTS
    • Econometrics 1 (CentER) 6 ECTS
    • Microeconomics 1 (CentER) 6 ECTS
    • Macroeconomics 1 (CentER) 6 ECTS
    • Elective(s) MSc 6 ECTS

    Compulsory optional courses

    • Microeconometrics 6 ECTS (Cluster B)

    (Choose either cluster A OR cluster B).

    Spring Semester (January 2014 - May 2014)

    Compulsory subjects

    • Microeconomics 2 (CentER) 3 ECTS
    • Information Economics (CentER) 3 ECTS
    • Advanced Research Techniques 1 (CentER) 3 ECTS
    • Advanced Research Techniques 2 (CentER) 3 ECTS

    Compulsory optional subjects

    Choose either cluster A or cluster B

    (note: courses are offered in the Fall and Spring semester)

    • Econometrics 2 (CentER) 6 ECTS (Cluster A)
    • Econometrics 3 (CentER) 6 ECTS (Cluster A)
    • Econometrics Models in Economics (CentER) 6 ECTS (Cluster B)

    (Choose either cluster A OR cluster B).

    Year total 54 ECTS

    Year 2

    Fall Semester (August 2014 - January 2015)

    Compulsory subjects

    • Asset Pricing 1 (CentER) 6 ECTS
    • Corporate Finance 1 (CentER) 6 ECTS
    • Academic Writing in English for CentER Research Masters 1 ECTS
    • Advanced Topics in Finance (CentER) 3 ECTS (Note: continues in Spring semester!)

    (Whole year, tot. 6 ECTS credits)

    • Research MSc in Business: Finance Thesis 14,5 ECTS (Note: continues in Spring semester!)

    (Whole year, tot. 29 ECTS credits)

    Compulsory optional subjects

    Choose 6 ECTS from courses in cluster C

    • Microeconometrics 6 ECTS (Cluster C)
    • Elective(s) MSc 6 ECTS (Cluster C)

    Select 6 ECTS credits from all subjects in cluster C

    Spring Semester (January 2015 - August 2015)

    Compulsory subjects

    • Advanced Topics in Finance (CentER) 3 ECTS

    (Whole year, tot. 6 ECTS credits)

    • Research MSc in Business: Finance Thesis 14,5 ECTS

    (Whole year, tot. 29 ECTS credits)

    • Asset Pricing 2 (CentER) 6 ECTS
    • Corporate Finance 2 (CentER) 6 ECTS

    Compulsory optional subjects

    Choose 6 ECTS from courses in cluster C

    (note: courses are offered in the Fall and Spring semester)

    • Financial Econometrics 6 ECTS (Cluster C)
    • Elective(s) MSc 6 ECTS (Cluster C)

    Year total 66 ECTS

    Marketing Specialization

    Year 1

    Fall Semester (August 2013 - December 2013)

    Compulsory subjects

    • Quantitative Methods for Business (CentER) 3 ECTS
    • Market Assesment 6 ECTS
    • Marketing Models (CentER) 6 ECTS
    • Advanced Topics in Marketing 1 (CentER) 3 ECTS (The contents of this course changes every year, so it can be taken twice without repetition).

    Compulsory optional subjects

    Choose 6 ECTS from courses in cluster A

    • Economic Foundations of Strategy, Organization and International Business (CentER) 6 ECTS (Cluster A)
    • Behavioral Foundations of Strategy, Organization, and International Business (CentER) 6 ECTS (Cluster A)
    • Social Influence 6 ECTS (Cluster A)

    Choose 6 ECTS from courses in cluster B

    • Empirical Research in Business (CentER) 6 ECTS (Cluster B)
    • Econometrics 1 (CentER) 6 ECTS (Cluster B)

    Total 30 ECTS

    Spring Semester (January 2014 - May 2014)

    Compulsory subjects

    • Quantitative Models in Marketing (CentER) 6 ECTS
    • Research Methods (CentER) 6 ECTS

    Compulsory optional subjects

    Choose 12 ECTS from courses in cluster C

    • Advanced Research Techniques 1 (CentER) 3 ECTS (Cluster C)
    • Advanced Research Techniques 2 (CentER) 3 ECTS (Cluster C)
    • Experimental Research 6 ECTS (Cluster C)
    • Econometrics 2 (CentER) 6 ECTS (Cluster C)

    Year total 54 ECTS

    Year 2

    Fall Semester (August 2014 - January 2015)

    Compulsory subjects

    • Advanced Topics in Marketing 2 (CentER) 3 ECTS
    • Structural Equation Modeling (CentER) 3 ECTS
    • Consumer Behavior (CentER) 6 ECTS
    • Academic Writing in English for CentER Research Masters 1 ECTS
    • Research MSc in Business: Marketing Thesis 14,5 ECTS (Whole year, tot. 29 ECTS credits)

    (Note: continues in Spring semester!)

    Compulsory optional subjects

    Choose 15 ECTS from courses in cluster D,

    (note: courses are offered in the Fall and Spring semester)

    • Empirical Industrial Organization 1 (CentER) 3 ECTS (Cluster D)
    • Empirical Industrial Organization 2 (CentER) 3 ECTS (Cluster D)
    • Advanced Strategy and International Business (CentER) 6 ECTS (Cluster D)
    • Emotion and Motivation 6 ECTS (Cluster D)
    • Panel Data Analysis of Microeconomic Decisions 6 ECTS (Cluster D)
    • Research Master: Analysis of Multilevel and Longitudinal Data 6 ECTS (Cluster D)
    • Social Psychological Theories 6 ECTS (Cluster D)
    • Survey Methodology 6 ECTS (Cluster D)
    • Elective(s) Master 24 ECTS (Cluster D)

    Spring Semester (January 2015 - August 2015)

    Compulsory subjects

    • Research MSc in Business: Marketing Thesis 14,5 ECTS

    (Whole year, tot. 29 ECTS credits)

    Compulsory optional subjects

    • Econometrics 3 CentER 3 ECTS (Cluster D)

    Year total 66 ECTS

    Information Management Specialization

    Year 1

    Fall Semester (August 2013 - December 2013)

    Compulsory subjects

    • Quantitative Methods for Business (CentER) 3 ECTS
    • Behavioral Foundations of Strategy, Organization and International Business (CentER) 6 ECTS
    • IT-governance 6 ECTS
    • Advanced Resource Planning 6 ECTS

    Compulsory optional subjects

    Choose 9 ECTS from courses in cluster A

    • Business Process Integration 6 ECTS (Cluster A)
    • Enterprise Architecture as a Business Structure 6 ECTS (Cluster A)
    • Service Oriented Enterprise Architecture 6 ECTS (Cluster A)
    • Elective(s) Master 9 ECTS (Cluster A)

    Total 30 ECTS

    Spring Semester (January 2014 - May 2014)

    Compulsory subjects

    • Research Methods (CentER) 6 ECTS
    • Business Intelligence and Data Warehousing 6 ECTS
    • Advanced Research Techniques 1 (CentER) 3 ECTS
    • Advanced Research Techniques 2 (CentER) 3 ECTS
    • Management of Knowledge and Innovation 6 ECTS
    • Elective(s) MSc 6 ECTS

    Total 30 ECTS

    Year total 60 ECTS

    Year 2

    Fall Semester (August 2014 - January 2015)

    Compulsory subjects

    • Advanced Topics in Organization, Strategy and International Business (CentER) 6 ECTS
    • CentER/Erim Information Management Research Methodology course 6 ECTS
    • Advanced Service Science (CentER) 6 ECTS
    • Seminar Information Management 6 ECTS
    • Academic Writing in English for CentER Research Masters 1 ECTS
    • Scientific paper 6 ECTS

    (accepted paper to classified journal or proceedings of one of the following conferences ICIS, HICSS, ECIS, AMCIS or in recognized conference in the field of MIS, or CS to be agreed with the EC)

    Total 31 ECTS

    Spring Semester (January 2015 - August 2015)

    Compulsory subjects

    • Research MSc in Business: Information Management Thesis

    Total 29 ECTS

    Year total 60 ECTS

    Operations Research Specialization

    Fall Semester (August 2013 - December 2013)

    Compulsory optional subjects

    • Elective(s) Master 36 ECTS (Cluster A)
    • Operations Research and Management Science in Practice 6 ECTS (Cluster A)
    • Nonlinear and Robust Optimalisation 6 ECTS (Cluster A)
    • Simulation 6 ECTS (Cluster B)
    • Financial Models 6 ECTS (Cluster B)
    • Microeconometrics 6 ECTS (Cluster B)
    • Empirical Finance 6 ECTS (Cluster B)

    Select 36 ECTS credits from all subjects in cluster A
    At least 18 ECTS from LNMB master level courses, at most 12 ECTS from LNMB PhD level courses.Approval needed!
    Select 24 ECTS credits from all subjects in cluster B

    Spring Semester (January 2014 - May 2014)

    Compulsory optional subjects

    • Dynamic Real Inestment 6 ECTS (Cluster A)
    • Elective(s) Master 36 ECTS (Cluster A)
    • Management Science 6 ECTS (Cluster A)
    • Asset Liability Management 6 ECTS (Cluster C)
    • Games and Cooperative Behavior 6 ECTS (Cluster C)

    Select 24 ECTS credits from all subjects in cluster C

    Choose 24 ECTS from cluster B, offered by LNMB or Mastermath program. Approval required!

    Year total 84 ECTS

    Year 2

    Fall Semester (August 2014 - January 2015)

    Compulsory subjects

    • Orientation Research Topics in Operations Research (CentER) 6 ECTS
    • Academic Writing in English for CentER Research Masters 1 ECTS
    • Research MSc in Business: Operations Research Thesis 14,5 ECTS

    (Whole year, tot. 29 ECTS credits)

    Spring Semester (January 2015 - August 2015)

    Compulsory subjects

    • Research MSc in Business: Operations Research Thesis 14,5 ECTS

    (Whole year, tot. 29 ECTS credits)

    Compulsory optional subjects

    • Elective(s) Master 24 ECTS (Cluster C)

    Year total 36 ECTS

    Organization & Strategy Specialization

    Year 1

    Fall Semester (August 2013 - December 2013)

    Compulsory subjects

    • Advanced Topics in Organization, Strategy and International Business (CentER) 6 ECTS
    • Behavioral Foundations of Strategy, Organization and International Business (CentER) 6 ECTS
    • Economic Foundations of Strategy, Organization and International Business (CentER) 6 ECTS)
    • Empirical Research in Business (CentER) 6 ECTS
    • Quantitative Methods for Business (CentER) 3 ECTS

    Total 27 ECTS

    Spring Semester (January 2014 - May 2014)

    Compulsory subjects

    • Advanced Research Techniques 1 (CentER) 3 ECTS
    • Advanced Research Techniques 2 (CentER) 3 ECTS
    • Elective(s) Master 15 ECTS
    • Research Methods (CentER) 6 ECTS
    • Selected Topics in Organization, Strategy and International Business (CentER) 6 ECTS

    Total 33 ECTS

    Year total 60 ECTS

    Year 2

    Fall Semester (August 2014 - January 2015)

    Compulsory subjects

    • Academic Writing in English for CentER Research Masters 1 ECTS
    • Advanced Strategy and International Business (CentER) 6 ECTS
    • Advanced Topics in Organization, Strategy and International Business (CentER) 6 ECTS
      The content of the course Advanced Topics changes every year, so it can be taken twice without repetition.

    Compulsory optional subjects

    • Strategic Management (CentER) 6 ECTS (Cluster A)
    • Technology and Innovation Management (CentER) 6 ECTS (Cluster A)
    • Research Master: Analysis of Multilevel and Longitudinal Data 6 ECTS (Cluster A)
    • Elective(s) Master 18 ECTS (Cluster A)

    Select 18 ECTS credits from all subjects in cluster A

    Spring Semester (January 2015 - August 2015)

    Compulsory subjects

    • Research MSc in Business, Organization and Strategy: Thesis 29 ECTS

    Year total 60 ECTS


    Program requirements

    When applying for admission to the Research Master's program in Business, you need to have completed an undergraduate program in the relevant field with excellent grades or will complete an undergraduate program before the end of the academic year.Before applying, please make sure that you meet the following requirements:- Completed academic Bachelor's or Master’s degree program in economics, econometrics or business studies or a completed program that the Admissions Committee deems a quantitative equivalent to the previous education profile- You have completed your previous degree with excellent GPA- An adequate knowledge of English is required.a) This can be demonstrated by successful completion of a Bachelor's degree program conducted entirely in English. Bachelor's degrees obtained in Australia, Canada (except for Quebec), New Zealand, Ireland, United Kingdom or United States will be presumed to satisfy this criterion.b) Notwithstanding the stipulations in section (a), an adequate knowledge of the English language can also be demonstrated with one of the following test results: Academic IELTS (min. 7.0 overall/ 6.0 on parts)TOEFL (min. paper-based: 600, internet-based: 100; the TOEFL Institutional Code for Tilburg University is 9860)Cambridge Certificate of Advanced English (CAE) with a min. level of BCambridge Certificate of Proficiency in English (CPE) English Language Requirements IELTS band: 7 TOEFL paper-based test score : 600 TOEFL iBT® test: 100

    At Tilburg School of Economics and Management we are committed in supporting financially talented and motivated students to study in our Research Master and PhD programs. Below you will find a short description and a link to various types of scholarships which can help you finance your study at Tilburg School of Economics and Management.

    Please note that the number of scholarships are limited and mainly targeted at students with excellent study results. We therefore recommend you to carefully read the requirements and deadlines.

    Koopmans Scholarship

    For several excellent students a full Koopmans scholarship of € 1,000.00 net per month is available. Scholarships will be awarded on the basis of academic merit and always include a tuition waiver for non-EEA students. Students joining the program in the first or second year of the Research Master are eligible for these scholarships. All applicants who want to be considered for a Koopmans Scholarship should have submitted their completed applications by February 1, 2014. Current RM Research Master students cannot apply for a Koopmans Scholarship.

    CentER Scholarship

    For excellent students a CentER scholarship of €420.00 net per month is available. Scholarships will be awarded on the basis of academic merit and always include a tuition waiver for non-EEA students. Students joining the program in the first or second year of the Research Master are eligible for these scholarships. All applicants who want to be considered for a CentER Scholarship should have submitted their completed applications by February 1, 2014. Current RM Research Master students cannot apply for a Koopmans Scholarship.

    Exellence Scholarship

    Excellent students with a bachelor degree of Tilburg University can apply for an 'Excellence Scholarship'. Please note: this scholarship is ONLY available for fulltime students with a bachelor degree from Tilburg University! The scholarship is a grant of 2500 euro plus 5000 euro max. in case of a Master's program abroad (depends on the fee abroad). The scholarship must be used for a Master's program abroad or a Research Master at Tilburg University. At least 45 ECTS of this program must be obtained.

    Grantfinder

    International students, who are looking for sources of funding for their studies in the Netherlands, should also consider looking at the Grantfinder site. This site is simple to use. After logging on just enter a few search criteria, such as your home country and your intended field of study, and then select the scholarships that you are interested in.

    Ministry of Education, Culture and Science

    If you are in full-time higher education in the Netherlands, EU/EEA students may be eligible for a student grant. In some cases you may be eligible for (full) funding for your studies (in Dutch: studiefinanciering) if you comply with one of the following conditions:

    • you have the nationality of one of the countries of the European Union and you work in the Netherlands for at least 32 hours per month (at least 56 hours from 1 January 2014 on)
    • you have the nationality of one of the countries in the European Union and you have been resident in the Netherlands for a minimum of 5 years without a significant break

    you have the nationality of one of the countries of the European Union and one of your non-Dutch parents or your husband/wife, registered partner has the nationality of an EU country and works in the Netherlands

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