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Master Economic and Financial Research
No specialisation 2024-2025

Year 1 Master Economic and Financial Research - No specialisation 2024-2025
YearS1P1EBC4184 Empirical Econometrics 1EBC4182 Mathematical Research toolsEBS4032 World of Research
P2EBC4061 Microeconomics IEBC4063 Macroeconomics I
P3EBS4044 Computational Research Skills (Research Master) 1 
S2P4EBC4204 Microeconomics II
or Elective 2		EBC4077 Financial Markets and Institutions
or Elective 2
P5EBC4205 Empirical Econometrics 2
or Elective 2		EBC4125 Research strategy
or Elective 2
P6EBS4026 Experimental Economic Methods 1 

1 You should choose either EBS4044 or EBS4026. There are only two viable combinations:
EBS4044 in period 3, no skill in period 6
No skill in period 3, EBS4026 in period 6

2 You may substitute up to two courses in P4 and 5 with electives. Electives are provided at the SBE or at selected universities (abroad) and in joint graduate programs we participate in (such as LNMB). Taking courses not offered by SBE requires approval by GSBE and the Board of Examiners.

Year 2 Master Economic and Financial Research - No specialisation 2025-2026
YearS1P1ElectiveElective
P2ElectiveElective
P3EBS4021 Research Communication Skills 
S2P4EMTH0005 Master's Thesis
or Thesis Internship Programme		 
P5 
P6EBS4024 Writing a Referee Report 3

3 EBS4024 is only available to Research Master students who are missing 2 ECTS or less in their study plan in order to graduate.
Small ECTS deficits may arise if students have taken courses outside UM with different ECTS per course.

Master's Thesis will be registered by the Education and Exams Office once you have completed the prerequisite skill EBS4021.

For the full text, see Chapter XIV SBE Master’s study programmes from the Master Education and Examination Regulations for academic year 2024-2025.

The Master of Science exam for the study programme in Economic and Financial Research, no specialisation, is composed of four semesters. The first two semesters of the programme comprise eight (8) compulsory courses of 6.5 ECTS credits per course, and one (1) elective skills training and one (1) compulsory skills training of 4.0 ECTS credits per skills training. The third and fourth semester consists of one (1) compulsory skills training of 4.0 ECTS credits, four (4) elective courses for 26.0 ECTS credits, these courses are offered at the SBE, or at selected universities (abroad), orin joint graduate programmes in which the SBE participates, and the Master’s thesis of 30.0 ECTS credits. In order to meet the exam requirements within the available space for elective courses in the first and second semester of the Master of Science EFR programme, students can freely choose between the skills training in education period 3 (EBS4044 and the skills training in education period 6 (EBS4026); only one skills training is required. Futhermore, students can choose to substitute two courses in education period 4 and education period 5 with courses from the list of electives as provided in the Study Outline of the EFR programme as published on MySBE Intranet. Electives are provided at the SBE or at selected universities (abroad) or offered by the LNMB (Dutch National OR Network). In order to meet the available space for elective courses in the third semester of the Master of Science EFR programme, students are required to choose four (4) elective courses from the list of elective courses as provided in the Study Outline of the EFR programme as published on MySBE Intranet. Taking courses not offered by the SBE requires approval by GSBE and the Board of Examiners. In the fourth semester, an extra skills training of 4.0 ECTS credits is available for students who are missing 2.0 ECTS credits or less to graduate because of the combination of elective courses with different ECTS credits per course.