research master economics tilburg

Research Master in Economics

CentER's Research Master (RM) in Economics is an intensive two years program. It prepares you for academic research in economics with graduate level coursework and research training. After completing the RM program most students continue with PhD research in economics. RM graduates who performed well in their course work and have a strong research proposal supported by one or two supervisors will be admitted to CentER's three-year PhD program. The RM and PhD program together form an integrated graduate program in Economics.

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• Tilburg University Economics Ranking
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Welcome to the Tilburg University Top 100 of Economics Schools Research Ranking

At present, there is a worldwide ranking for Business schools, carried out by the University of Texas, Dallas ( The UTD Top 100 Business School Research Rankings ), and a Finance ranking carried out by Arizona State University. There is no current worldwide ranking for Economics schools comparable to that of the UT Dallas. Recognizing this, the CentER for Research in Economics and Business at Tilburg University, the Netherlands, decided to create a worldwide ranking for Economics schools. Our database covers publications in 79 leading economics journals (see Journals for the list), since 2004. We provide a standard Top 100 of Economics schools, based on a subset of journals in the database, over a 5-year period. In the "sandbox" it is possible to create individual rankings using various combinations of all of the journals in the database, and to search the database by continent, by country, or per (individual) year.

If you click on a university, you will see a list of all publications attributed to that university, in the specified time period.

We have worked hard to ensure the accuracy of the information, but as with any project of this type, some errors may exist. If you believe there is an error in the information provided, please send specific information to the administrator . Tilburg School of Economics and Management Tilburg University

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Tinbergen Institute offers a Research Master’s Program with three tracks: a track in economics, a track in econometrics and a track in finance.  

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Before the start of the academic year, refresher courses are offered in mathematics and programming in econometrics.

In the first year, students receive rigorous training in the core subjects and tools of economics, econometrics and finance. In the second year, students specialize in their choice from the institute’s many fields of research through field coursework and thesis research. In the second year of the program over 40 field courses are offered.

First year of the Curriculum

In the first year of the program, students have to complete 60 ECTS. At the start of the academic year, students choose between the Econometrics and Advanced Econometrics track and whether they will take the Finance track. The first-year of the curriculum includes 13 core courses , 2 field courses (to be chosen from a selection of field courses organized in block V) and the seminar series at the researh departments of the schools. The seminars allow students to explore potential supervisors and fields of specialization, and vice versa, allow potential supervisors to scout out talented students. Attendance at courses and seminar series is mandatory.

 The standard Economics track consists of:

• Microeconomics (17 ECTS)
• Macroeconomics (16 ECTS)
• Econometrics, Statistics and Fundamental Mathematics (20 ECTS)
• 2 Field courses (6 ECTS)
• Introduction to TI Research Groups (1 ECTS)

Students in the Advanced Econometrics track take the Advanced Mathematics course, Asymptotic Theory instead of Statistics, and Advanced Econometrics instead of Econometrics. Students in the Finance track substitute two of the block III and IV courses in Macroeconomics or Microeconomics with Asset Pricing Theory and Corporate Finance Theory. The choice of the Finance track is independent of or can be combined with the Econometrics track.

Second Year of the Curriculum

In the second year, students have to:

• complete 27 ECTS of specialized coursework ;
• participate in the Research Clinic (3 ECTS) with lectures on Academic Writing, Presenting in Academica and Academic Integrity;
• write and publicly defend a thesis (30 ECTS). The thesis is the final examination of the research master program. 

Students who wish to graduate in the Econometrics track choose the Advanced Econometrics courses in the first year; students who wish to graduate in the Finance track choose the courses in Asset Pricing and Corporate Finance Theory in the first year (see above).

Over 30 field courses will be in offered in 2023-2024.

Academic and Examination Regulations

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CentER's Research Master's program in Economics offers two years of graduate level coursework and research training in economics. It prepares you for PhD dissertation research. The program is intergrated with CentER's three-year PhD program to comprise the five-year Graduate Program in Economics.

The first year of the Research Master's program in Economics is fully devoted to rigorous training in microeconomics, macroeconomics, and econometrics. It equips you with a sound basis in economic and econometric theory and methods.

The second year of the Research Master's program in Economics is evenly split between specialized coursework and a first major research paper, the Research Master thesis. This year allows you to explore the many research areas available at CentER, to fully develop your research interests, and to match up with one or more advisers that share your interests.

Career Perspective

The Research Master's program in Economics is fully dedicated to preparing students for PhD thesis research at CentER. To this end, we limit the inflow to a small number of excellent students with a sincere interest in pursuing a PhD at CentER. We expect at least 75% of these students to successfully complete the Research Master in Economics and continue with PhD thesis research in a fully funded PhD position at CentER.

However, the graduates of the Research Master's program in Economics that do not continue with a PhD project, may also start a professional career, typically at government organizations (National Departments, Netherlands Bureau for Economic Policy Analysis, regional organizations) and in the consultancy or financial sector.

After completing the PhD, many students participate in CentER's academic job placement procedure and find jobs at universities, research institutes, and government institutions around the world, as well as at private companies.

In the PhD phase, most accepted PhD students become university employees earning a gross salary over more than Euro 85000 over three years and are granted pension rights.

All incoming students should carefully check our document on academic preparations, and resolve any deficiencies, before classes start.

Fall semester (August 2013 - December 2013)

Compulsory subjects

• Econometrics 1 (CentEr) 6 ECTS
• Macroeconomics 1 (CentER) 6 ECTS
• Microeconomics 1 (CentER) 6 ECTS
• Quantitative Methods (CentER) 6 ECTS

Spring semester (January 2014 - May 2014)

• Econometrics 2 (CentER) 6 ECTS
• Econometrics 3 (CentER) 6 ECTS
• Macroeconomics 2 (CentER) 6 ECTS
• Macroeconomics 3 (CentER) 6 ECTS
• Microeconomics 2 (CentER) 6 ECTS
• Microeconomics 3 (CentER) 6 ECTS

Year total 60 ECTS credits

Fall semester (August 2014 - January 2015)

• Academic Writing in English for CentER Research Masters 1 ECTS
• Major Field Paper 3 ECTS

Compulsory optional subjects

• Advanced Econometrics 1 (CentER) 3 ECTS (Cluster A)
• Advanced Econometrics 2 (CentER) 3 ECTS (Cluster A)
• Advanced Game Theory (CentER) 3 ECTS (Cluster A)
• Behavioral Economics (CentER) 3 ECTS (Cluster A)
• Cooperative Games 4 ECTS (Cluster A)
• Corporate Finance 1 (CentER) (part 1) 3 ECTS (Cluster A)
• Development and Growth (CentER) 3 ECTS (Cluster A)
• Dynamic Equilibrium in Resource-Economy Models (CentER) 3 ECTS (Cluster A)
• Empirical Industrial Organization 1 (CentER) 3 ECTS (Cluster A)
• Empirical Industrial Organization 2 (CentER) 3 ECTS (Cluster A)
• Experimental Economics 1 (CentER) 3 ECTS (Cluster A)
• Experimental Economics 2 (CentER) 3 ECTS (Cluster A)
• Industrial Organization Theory (CentER) 3 ECTS (Cluster A)
• Law and Economics (CentER) 3 ECTS (Cluster A)
• Minor Field Paper 3 ECTS (Cluster A)
• Organizational Economics (CentER) 3 ECTS (Cluster A)
• Population Economics (CentER) 3 ECTS (Cluster A)
• Public Finance (CentER) 3 ECTS (Cluster A)
• Strategic Real Options Theory (CentER) 3 ECTS (Cluster A)

Select 27 ECTS credits from all subjects in cluster A

Attention! In 2014-2015 courses may be switched from fall to spring or vice versa. Please check the ESG again in August.

Spring semester (January 2015 - August 2015)

• Research MSc in Economics: Thesis 29 ECTS
• Advanced Econometrics 3 (CentER) 3 ECTS (Cluster A)
• Advanced Macroeconomics (CentER) 3 ECTS (Cluster A)
• Competition and Regulation (CentER) 3 ECTS (Cluster A)
• Differential Games, Regmie Shifts and Environmental Economics (CentER) 3 ECTS (Cluster A)
• Financial Econometrics (CentER) 6 ECTS (Cluster A)
• Health Economics (CentER) 3 ECTS (Cluster A)
• Institutional Economics (CentER) 3 ECTS (Cluster A)
• Labor Economics (CentER) 3 ECTS (Cluster A)

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

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Economic geography: regional competitiveness and trade, economic policy, deadline information.

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Research Master in Economics

CentER's Research Master (RM) in Economics is a challenging two-year program that prepares you for academic research in economics and econometrics with graduate level coursework and research training. After completing the program, most students continue with PhD research in economics or opt for a research-based position at a company or public sector organization. The RM and PhD program together form an integrated graduate program in Economics.

All education takes place on campus again , now that the coronavirus measures have been scaled back. Of course, we will always maintain a safe environment for our students and staff. Therefore, a few basic measures still apply. For the latest updates on the COVID-19 situation, see our FAQs for prospective students .

US News Best Global Universities, 2023

Small classes, personal guidance and active involvement in our international research community

Excellent track-record in graduate placements at top universities worldwide

Program and courses

• Gain a sound foundation in economic and econometric theory, methods and their applications . 
• Explore the many exciting research areas  in economics through specialized field courses, by getting a first taste of research, writing a research proposal, and, finally, by writing a Research Master Thesis that will be the basis for your first major research paper.
• You will collaborate with excellent students from all over the world and with junior and senior researchers at CentER, including leading experts in their fields . Some of our PhD graduates find positions at the best universities in the world.
• With less than 25 students with strong quantitative and analytical skills selected per year, the program offers ample space for intensive interaction with and guidance from your professors, both inside and outside the classroom. You will receive your own academic mentor, who will guide you through the Research Master and, in many cases, the subsequent PhD-phase.
• As a student, you will be actively involved in our overall lively, informal yet intellectual research community early on. You will have the opportunity to attend research seminars weekly, join reading groups on topical issues, and participate in workshops and conferences. The  Graduate Students’ Society (GSS) organizes many professional events, as well as social events.

Typical courses are:

• Quantitative Methods
• Individual Decision Making
• Macroeconomic Dynamics: Consumption, Investment, and Growth
• Foundations of Econometrics 

More on the program and courses

Career prospects

As a Master of Research in Economics you are prepared for PhD thesis research at CentER or elsewhere. However, you may also start a professional career, typically at government organizations (National Departments, Netherlands Bureau for Economic Policy Analysis, regional organizations) and in the consultancy or financial sector. 

Examples of our graduates’ careers first jobs:

• Assistant Professor at VU Amsterdam
• Assistant Professor at Central University of Finance and Economics
• Research Economist at Deutsche Bundesbank
• Research Economist at Rabobank

More on career prospects

Application and admission

Students with outstanding study results in their (under)graduate program in economics, econometrics or other relevant disciplines (e.g. business, mathematics, physics, engineering) and with a strong motivation for pursuing an academic career in economics or econometrics, are cordially invited to apply.

This Master’s program starts:

• End of August 

Best preparatory programs:

A Bachelor’s degree in Econometrics or Economics or in a related program (e.g. mathematics, statistics, data science, or business analytics).

Pre-Master’s program:

• Not available

Tuition fees and scholarships

International students find the information about the tuition fees and the scholarships available  here.

Interested in this Master’s program?

Check your eligibility 

CentER Honors Experience for TiSEM students  

Interested in the Research Master and already studying at TiSEM? The CentER Honors Experience is an opportunity to work on a research project with one of our faculty members, helping you to get a taste of what academic research in economics or econometrics is like .

More information on this Master's program

Download the brochure with information on program content, admission requirements, career prospects, housing and immigration matters, and student life in Tilburg. Throughout the year you can take part in various types of events: on-campus, abroad or online.

All information in one brochure    Check out our events calendar 

Interested in the Research Master in Economics?

Check your eligibility and the deadlines for application

More interested in a one-year Master's program?

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Here you will find general information regarding your chosen Masters programme offered by Tilburg University .

• Masters programme

Facts about the Masters programme

Name of the masters programme.

Economics (Research)

Institution

Tilburg University

Field of study

Business & Economics , Science & Mathematics

Master of Science

Type of study

Duration of study: 2 years

Tuition fees EU: 2143 EUR / year

Tuition fees Non EU: 2143 EUR / year

Facts about the institution:

Type of institution.

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