MSc in International Economics and Development

The MSc in International Economics and Development at Radboud University offers students an in-depth understanding of global economic trends, development strategies, and the complexities of international economics. This interdisciplinary program combines economic theory with practical applications, focusing on development issues, economic inequality, and the challenges faced by developing countries. Graduates are equipped with the skills and knowledge needed to analyze and address the economic issues affecting global development.

Curriculum: The curriculum of the MSc in International Economics and Development covers key subjects such as international trade, economic growth, poverty, and sustainable development. Students explore economic theories and models while also learning about the role of institutions, policies, and global economic governance in fostering development. Core courses include econometrics, microeconomics, and macroeconomics, while elective courses allow students to specialize in areas like international trade policy, economic development, or environmental economics. The program culminates in a thesis project that addresses a specific issue in international economics or development.

Research Focus: The program emphasizes research in global economic development, focusing on topics like poverty reduction, global inequality, trade dynamics, and the economic impacts of climate change. Faculty members are actively engaged in research that contributes to the development of economic policies and solutions aimed at improving living standards in developing countries. Students are encouraged to participate in research projects and develop their analytical skills to understand complex development issues from an economic perspective.

Industry Engagement: Radboud University has strong ties with international organizations, NGOs, governmental agencies, and private-sector companies that work on global development issues. The MSc program offers students opportunities for internships and collaborations with industry leaders, allowing them to apply their academic knowledge to real-world challenges. Students gain valuable experience in policy analysis, economic research, and development initiatives through hands-on engagements with industry professionals.

Global Perspective: With a strong focus on international economics, the program provides a global perspective by examining economic issues in a cross-country context. Students analyze the effects of globalization, the challenges faced by emerging economies, and the impact of international trade agreements. The program prepares students to work in diverse cultural and political environments, equipping them with the skills needed to navigate the complexities of international economic systems.

Postgraduate Entry Requirements

Application Fee: €75

Academic Qualifications: Applicants for postgraduate programs typically require a minimum academic achievement of 75% or above in their bachelor's degree.

English Language Proficiency:

• IELTS: Overall band score of  6.5 or 7.0 with a minimum of 6.5 in each component.
• TOEFL: Overall score of 100 or higher.

Radboud University offers a range of scholarship opportunities to support international students pursuing their studies in the Netherlands. These scholarships are designed to help ease the financial burden of studying abroad and are awarded based on various criteria, including academic excellence, program type, and country of origin. Radboud University’s scholarships aim to attract highly motivated and talented students from around the world, contributing to the university’s diverse and global student community.

Radboud University Scholarship Programme: The Radboud University Scholarship Programme is one of the most prestigious opportunities available to international students. This scholarship is intended for talented non-EU/EEA students who wish to pursue a Master's degree at Radboud University. It offers a partial or full tuition fee waiver and a monthly stipend to help cover living costs. The scholarship is highly competitive and is awarded based on academic merit, with candidates needing to demonstrate exceptional academic achievements in their previous studies.

Holland Scholarship: The Holland Scholarship is a national scholarship program designed for international students from outside the European Economic Area (EEA). Offered by the Dutch Ministry of Education, Culture, and Science in collaboration with Radboud University, this scholarship provides financial assistance to students who wish to study a Bachelor's or Master's program at a Dutch university. The scholarship is a one-time payment intended to help cover part of the tuition fees for the first year of study. To be eligible, students must meet specific academic requirements and have been admitted to an eligible program at Radboud University.

Erasmus+ Programme: Radboud University participates in the Erasmus+ Program, which offers scholarships for international students to study in Europe. Through Erasmus+, students can receive financial support for study abroad exchanges, internships, and research projects. This program is available to students from participating universities around the world, providing an opportunity for international students to gain experience at Radboud University while being funded through this EU initiative.

Faculty-specific Scholarships: Several faculties at Radboud University offer additional scholarships for international students enrolled in specific programs. These scholarships are often based on academic excellence, research potential, and the student's country of origin. 

External Scholarships: In addition to scholarships provided by Radboud University, international students may also be eligible for external funding opportunities from other organizations, government agencies, or foundations. These scholarships may be available for students based on various factors, such as nationality, field of study, or financial need. Students are encouraged to explore external scholarship options through Dutch embassies, private organizations, and global scholarship portals.

The MSc in International Economics and Development equips students with the skills and knowledge to take on leadership roles in various sectors, addressing global economic challenges and contributing to the advancement of sustainable development.

International Development Consultant: Graduates can work as consultants for international organizations, governments, or NGOs, advising on development strategies, economic policy, and sustainable development.

Economic Policy Analyst: Opportunities in both the public and private sectors, where graduates analyze and design policies aimed at addressing issues such as poverty reduction, economic inequality, and global trade.

Researcher in International Economics: Graduates can work in research institutions, think tanks, or academic settings, conducting research on global economic development issues, such as trade, development finance, and global inequality.

Project Manager in Development Agencies: Working for international organizations like the UN, World Bank, or regional development banks, graduates may manage and oversee projects aimed at economic growth and development in emerging economies.

Development Economist: Graduates may work with international bodies, governments, and NGOs to create economic models and strategies to improve living conditions in developing countries.

Financial Analyst for International NGOs: Opportunities to analyze the financial aspects of global development programs, ensuring effective resource allocation and sustainable development.

International Trade Specialist: Working with global trade organizations or multinational companies to analyze and create strategies for international trade, addressing the economic implications of trade policies and regulations.