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Which European university is best for economics? | World Economic Forum

Bachelors in Economics investigate all factors involved in the production, distribution and consumption of goods and services. Economics analyses both small scale (Microeconomics) and global (Macroeconomics) economic factors. Bachelor’s degrees in Economics offered by universities and colleges worldwide teach students how to optimise all economic actions in order to improve the well-being and prosperity of economic entities and consumers.

Who should study a Bachelor’s in Economics? Of course, you should be comfortable with using Math and numbers, but Economics is more than that. A Bachelor’s in Economics might be right for you if you are ready to change the way you look at the world and understand the dynamics of how human behaviour shapes our way of life. Economics is a versatile subject that connects to a wide range of other disciplines, and also a sort of universal language that can be applied in many contexts.Show more

Study in Netherlands

The Netherlands is a very popular study destination. Internationals choose this beautiful country because Dutch universities are some of the best in Europe, the living standards are high, foreigners are always welcome, and you get to live in one of the happiest and safest countries in the world. The Netherlands is also renowned for innovative technologies and engineering solutions, which is reflected in the wide range of Engineering degrees offered by universities. English is spoken by around 90% of Dutch citizens, so forget about language barriers. Also, bike lanes and the โ€œcycling cultureโ€ will help you to stay fit and healthy, and there are diverse job opportunities and internships for international students.

The 5 Best Business Schools in The Netherlands

  • Rotterdam School of Management โ€“ RSM
  • Hanze University of Applied Sciences โ€“ UAS
  • Maastricht School of Management โ€“ MSM
  • University of Groningen โ€“ RUG
  • Amsterdam Business School โ€“ ABS

Rotterdam School of Management โ€“ RSM

Located in the city of Rotterdam, Rotterdam School of Management originally began as the Dutch School of Higher Commercial Education of Erasmus University, founded in 1913. Several years later, in 1970, it evolved into the Graduate School of Management and was โ€œtransferredโ€ to the neighbourhood of Kralingen, only to be moved to the city of Delft (located between Rotterdam and The Hague) and renamed โ€œInteruniversities Institute for Business Administrationโ€ two years later. The school eventually relocated to the Erasmus University in 1986.

Nowadays, RSM offers a wide range of undergraduate and postgraduate business-related degrees, mostly taught in English, including Business Administration, Accounting and Financial Management, Strategic Entrepreneurship and Finance & Investments. Currently, around 8,000 students are enrolled at RMS, who seem to be generally satisfied with their experience in this institution:2017-12-05 18:30:24

Rotterdam School of Management surprises students at the moment of the entrance to the school. Unique atmosphere, hearty welcome and international ambience is a perfect combination of school buildings. Related to management programmes, school is specialized especially in business administration. It is a part of Erasmus University and many people from different part of the world prefer this school due to high ranking and quality. After graduation, the school offers the big network to their students for a wonderful start at their career.Campus: Rotterdam OverallInternational Business …2019-03-07 11:26:20

The courses offered are very interesting, the university is well organized and classes have a really good mix between theoretical and quantitative subjects. Courses I especially liked were Quantitative Decision Making, and Management Accounting. Programme: International Business AdministrationDegree: Bachelor’sGraduation: 2020Campus: Rotterdam Overall Facilities Professors Location Student Life Accommodation Internationality Value Career Prospects

Hanze University of Applied Sciences โ€“ UAS

Studying at Hanze University of Applied Sciences equals studying at a top-rated university, featuring career-orientated education, meaning that you do project work for real clients and develop your CV while still being a student. Hanze UAS offers a wide range of English-taught bachelorโ€™s and masterโ€™s programmes in the fields of business, communication, engineering, arts and health/sports.

Located in the vibrant city of Groningen, renowned as the best student city of the Netherlands, students combine the best of both worlds: developing oneself academically and professionally while enjoying an abundance of activities and facilities in place for international students.2018-02-12 13:13:55

I rate Hanze University of Applied Sciences high because the studies are high quality, very practical. One semester lasting group projects require students to learn and understand the subjects they learn during the classes. PGroup projects are very practical and teach students how they can applied theory that they learnt in classes.Campus: Groningen Overall

Maastricht School of Management โ€“ MSM

The city of Maastricht is also home to another one of the best Dutch business schools, Maastricht School of Management, which is an independent private institution. Founded in 1952 and currently attended by approximately 2,000 students, MSM has established throughout time many different partnership programmes with other business schools in countries as diverse as Azerbaijan, Hungary, Iran, Kazakhstan, Peru, India, Mongolia, Suriname, Kuwait, Romania, China, Egypt, Germany, Vietnam, Yemen, the USA, and the UK.

MSM also offers a wide range of degrees (including Master of Science and Master in Management programmes), as well as the possibility of studying online. Nowadays, some of the most prominent degrees that are issued by this School are the Master of Business Administration, the Executive MBA, and the Doctor of Business Administration.

University of Groningen โ€“ RUG

The University of Groningen (or RUG for short, known in Dutch as Rijksuniversiteit Groningen) is the second oldest university in the Netherlands, having been founded in 1614, only 39 years after Leiden University. RUG is currently attended by more than 30,000 students and divided into eleven different faculties, including the Faculty of Economics and Business (FEB), considered one of the most prestigious centres of formation in business in the country.

One of the particularities of the FEB is that it not only offers Bachelors, Masters and PhD programmes specializing in various economic-related areas such as Business Administration, Econometrics and Operations Research, Business Economics, International Business,  Accountancy, Finance, Human Resource Management, Marketingโ€ฆ but it also offers students the possibility of studying double degrees with exchanges to other partner institutions abroad involved in countries as diverse as France, China, Indonesia, Germany, Norway, Chile, Romania, Sweden, Hungary, Spain, Poland, Lithuania, Denmark, the UK and the USA.

Furthermore, the University of Groningen is well-known for its international outlook and the emphasis it places on research, as this anonymous student has corroborated in this review:Marketing Management2017-11-09 20:51:07

I started my studies at the University of Groningen as a Master student in the Marketing Management track last September. The University of Groningen was one out of the three universities I really wanted to join in the Netherlands. In general, the institution is very well-known about its research orientation with a global outlook.
It combines the really high quality of education with affordable lifestyle and education expenses. The latter was one of the most important reasons I did select RUG.
More specific, it is much appreciated the fact that I had full support in all the different stages I had to go through since my selection until the final confirmation and registration to the institution. All the people behind the student services were and they still are very willing to help you with any problem you may face.
All around the faculty, there are many opportunities to expand your knowledge and to dive yourself into the future career path.

However, regarding my track, there are a few things to be developed. The research orientation of the university overweights the managerial aspect of Marketing. Although the power of research is really significant it should not be implemented in the degree it currently is. The courses should be modified that way in order to serve the needs of a future brand manager and not those of a data scientist.Programme: Marketing ManagementDegree: Master’sGraduation: 2018Campus: Groningen Overall

Particularly, the student points out the support that was given to him/her during all the application and registration procedures and the willingness of the student services to help with any problems. And even though he/she thinks that the courses were still a little more practical than theoretical, this person has assessed the experience lived at the FEB as a Master in Marketing Management student as a generally very positive one.

Amsterdam Business School โ€“ ABS

Amsterdam Business School โ€“ ABS is part of the Faculty of Economics and Business of the University of Amsterdam (abbreviated as UvA), along with the Amsterdam School of Economics (ASE). Currently, ABS offers Bachelorโ€™s, Masterโ€™s degrees and PhDs that specialise in areas such as Business Administration, Economics, Business Economics, Fiscal Economics, Econometrics and Operational Research.

Furthermore, the ABS and the ASE are the only business schools in the Netherlands that offer a programme in Actuarial Sciences, a discipline which consists in the application of various mathematical and statistical methods to evaluate risk in different professions and industries, including the insurance and financial fields. International orientation is also something the ABS places emphasis on; thus, most of the programmes that are taught there are available in the English language.

Studying Economics in The Netherlands in English

1. Will my Dutch economics degree be recognised?

This is not usually a problem for Economics degrees. If you study Economics in the European Union then your degree will be recognised.

As there are so many good universities around the world offering Economics degrees in the English language, there is absolutely no reason why you should end up studying at a substandard one, as long as you research thoroughly before you apply.

2. Economics in The Netherlands

The Netherlands is the fifth largest economy in the Euro Zone and the third largest exporter in the region. The economy is dependent on foreign trade and derives more than 65 percent of GDP from both port activities and merchandise exports. The port of Rotterdam is the largest port in Europe and the third busiest in the world. The Netherlandsโ€™ economy is also noted for its stability, high skilled workforce and developed infrastructure. As a result, the country is the sixth biggest destination of foreign direct investment in the world.

The Netherlands is located at the heart of European economics, business and banking and its proximity to economic hubs such as Brussels, London and Frankfurt are a real asset. International trade has long been a central aspect of the Dutch economy and its strong reputation continues today. Highly successful companies such as ING, Unilever, Philips, Shell and Heineken are key players in the global marketplace and the Netherlands has the highest level of foreign direct investment per capita in the world.

3. Undergraduate Opportunities to study economics in the Netherlands

With the exception of Business, Economics is the most widely-taught subject available in English throughout the European Union. Some of the best Dutch universities for Economics include Radboud University Nijmegen and the University of Groningen.

Read on to find out about some of the Economics courses available in The Netherlands โ€ฆ

Would you like to become an economic expert in topics such as the environment, the global banking crisis, health care or international business? Then the BSc in Economics and Business Economics programme at the University of Groningen is for you.You will learn how business experts and policy makers attempt to stimulate both corporate and economic activity. The programme will give you the theoretical tools and analytical skills needed to address complex issues.

Are you looking for an international and broadly-oriented programme in Economics, which also integrates important business perspectives? The English-taught track Business Economics track of the Bachelor in Business Administration programme at Radboud University Nijmege is an option to consider.

Would you like to know what the causes of the economic crisis were? Are you curious about how markets work? Do headlines like โ€˜Are waiting lists for healthcare a major problem?โ€™ or โ€˜Congestion problem appears to be out of controlโ€™ grab your attention? Are you therefore interested in economic issues, and do you have the talent to solve them using the most advanced techniques? The BSc in Econometrics and Economics at Erasmus University Rotterdam offers a unique combination of theory and practice and gives you access to methods for analysing economic problems and calculating their solutions.

Each year, all students in the Netherlands take part in a large survey. Students of Economics gave the BSc in Economics programme at Tilburg University an overall score of 82, and therefore considered the course the best in its discipline in the Netherlands. The programme provides a solid grounding in Microeconomics, Macroeconomics and Econometrics, as well as specific knowledge in core fields including Financial Economics, International Economics, Public Sector Economics and Development Economics.

4. Postgraduate Opportunities to study economics in the Netherlands

The MSc in Econometrics and Mathematical Economics at Tilburg University focuses on the mathematical and quantitative analysis of economic problems. Acquire the tools to apply mathematical and statistical methods to produce solutions to real-world economic and business challenges in everything from the labour market, capital investment and industrial organisations, to the strategic behaviour of firms and individual decision-making.

The Master’s programme in Economics at Radboud University incorporates relevant knowledge from related disciplines such as psychology and sociology into the programme.โ€จThe programme offers small-scale teaching and personal approach to education, when all professors are easily approachable.โ€จA major advantage of this research-based programme is its strong methods orientation, which is important in order to increase our understanding of the world of economics and business. โ€จYou will be exposed to the most recent academic and practical developments in the field of Economics, getting a competitive advantage on the labour market.

Be a versatile economist: tackle spatial, transport and environmental problems.The MSc in Spatial, Transport and Environmental Economics at VU University Amsterdam offers you the possibility to specialise in spatial, transport or environmental economics. Spatial Economics: analyses how various forces contribute to spatial dynamics and network development from a mainly microeconomic perspective; explore the use and further development of various techniques, methods and tools in this field.

The MSc in Health Economics, Policy and Law at Erasmus University Rotterdam is multidisciplinary and specially designed for students interested in understanding the complexities of health care systems from different disciplinary perspectives. Successful students will be able to identify the policy and economics implications of legal rules and decisions, to advance arguments using both legal economics and political reasoning, as well as to grasp the differences between national health care systems. These skills will represent an exceptional asset to find professional openings at international firms, consultancy groups, international organisations like the UNO, WTO, EU, or to pursue an academic career.

The MSc in Management, Economics and Consumer Studies at Wageningen University, deals with the interrelationships between producers, consumers and society-at-large. The programme studies the dynamics in the Agri-food chain involving suppliers, producers, retailers and consumers. It covers managerial, economic, sociological and environmental aspects of households and businesses in the Netherlands, Europe and the rest of the world, in both developed and developing countries.โ€จ

5. Does it make sense to study Economics abroad?

Yes, absolutely. Most aspects of Economics operate on a global level. With even the smallest businesses often involved in international trade it is possible to say that every aspect of both Micro- and Macroeconomics has an international dimension. An understanding of this will inevitably improve your career options if you wish to become an economist for a multinational corporation or an international organisation.

Many Economics students intend to work in global finance after graduation. If this is the case for you, then we would advise you study at a university with well-established links with banks and other financial corporations.

6. What grades do I need to get in?

All Economics degrees in The Netherlands require A-Level Maths. There are no exceptions. For a Master’s degree you are likely to need a Bachelor’s degree in economics at 2.1 or above from an equivalent university.

Top 5 Universities for Business, Accounting and Finance in The Netherlands

Top 5 Universities for Business, Accounting and Finance in The Netherlands

Business is not only for the marketers or bankers, but whatever your passion and interests, there is a business side to it.

Business is an integral part of the entertainment, sports, or creative industry. Every industry needs marketers, managers, accountants, and financial analysts to survive โ€“ or in other words: Business and Accounting degrees. Other than taking the Business degree, you can also opt-in taking Accounting and Finance degrees to take part in the high-paced and high-paid career in the industry.

One of the best options in acquiring Business, Accounting & Finance degrees is in The Netherlands.

Studying in The Netherlands can jump-start your career since Dutch universities usually have strong connections with industries and broad study materials. Also, you donโ€™t need to worry about the language, since The Netherlands is one of the top European countries with the most English-taught business degrees.



1. Erasmus University

Located in Rotterdam, Erasmus University is the best university in The Netherlands to study both Business and Accounting & Finance. Their business school is proudly accredited by AACSB, EQUIS, and AMBA (Triple Crown).

Also, continuously ranked among the top 10 business schools in Europe by Financial Times, Times Higher Education, and QS World Rankings. You can find either bachelorโ€™s or masterโ€™s degrees in the Business and Accounting & Finance programs.

2. University of Amsterdam (UVA)

QS Rankings honored the Accounting and Finance programs at UVA as the second best in The Netherlands. The Economics and Business programs are also honored with The Triple Crown accreditation, which will look good on your CV.

While the bachelorโ€™s degree tends to be more general, you also can take a more detailed masterโ€™s degree in both Business and Accounting & Finance program.



3. University of Groningen

Located in the city of Groningen, the University of Groningen has a high reputation for academic teaching and research. You can choose the International Business program at the University of Groningen, which combine courses in Business Management with Sociology, Economics, and Law.

The University has not yet acquired the Triple Crown, but already accredited by both AACSB and EQUIS. They also offer the program to post-graduate students.

4. Utrecht University

Established in 1636, Utrecht University is one of the oldest university in The Netherlands. The Business program is under Utrecht University School of Economics, which also offer the program for both bachelorโ€™s and masterโ€™s degree.

Studying Business at Utrecht University will enrich your experience by giving a real-world perspective, which means you will learn to give solutions to real economic issues.

5. Maastricht University

Located in the city of Maastricht, the university is the second youngest university in the Netherlands. They offer the International Business program both for Bachelorโ€™s or Masterโ€™s degree. By taking the program, you will learn about the strategy, resources, and management needed to run a business.


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