Business Administration: Duisenberg Honours Programme in Financial Markets and Regulation

Where law meets finance

What’s your opinion of the regulations that were introduced following the 2008 financial crisis? Which regulations would you propose – whether for banks, insurance firms or investors?

Wim Duisenberg was a Dutch politician who served as the first President of the European Central Bank from 1998 to 2003. Because of his pivotal role in the financial sector, this challenging Honours programme has been named after him. And for good reason: this broad, multi-disciplinary programme tackles the world of finance from two perspectives: financial and legal. Financial markets and the regulation of the financial sector are now inextricably linked. Banks, asset management firms and financial authorities are looking for graduates who understand the law and financial markets. The job prospects are limitless! But the programme is demanding, too: we’re looking for ambitious students who are ready to be challenged (the study load is 84 EC in one year compared to the regular 60 EC). If this sounds like you, read on…

AACSB

On the financial markets side, the programme covers courses from the Financial Management, Finance, and Accounting & Control programmes. On the regulation side, the programme offers unique courses covering company law and financial sector regulation. At the same time, you’ll participate in career services workshops and self-reflection exercises that will help you enter the world of work ready to hit the ground running.

To break it down:

  • You’ll take seven mandatory courses that together cover corporate finance, accounting, finance and the law. Two of these are unique to this programme:
    • Company Law – The course covers company law in three countries (Germany, the UK and the US) and looks at how general law and interpretation, corporate tax law, regulation on market manipulation and data protection law, for instance, impact on companies’ structures and operations.
    • Financial Sector Regulation – The course examines the regulations that were imposed on the financial sector after the 2008 crisis, and asks whether their outcomes correspond to the original goal. For example: the impact of Basel on banks’ activities, or the consequences of Solvency on insurance companies’ balance sheets and risk strategies.
  • You’ll take at least three electives.
  • You’ll also conduct a research project that will give you the academic preparation to write your Master’s thesis.
  • Throughout the programme, you’ll focus on ethics in the financial industry, preparation for the labour market, and self-development.

Want to know more? Check out the Study Guide!

  • This truly multi-disciplinary programme is unique – it’s one of very few that offers company law and regulation alongside core finance courses.
  • There are fantastic job prospects for people who understand the legal details of the financial sector.
  • The university’s proximity to Amsterdam’s Zuidas business district means there are plenty of links with the business world.
  • The programme is made up of a small, highly motivated group of similarly ambitious students.
  • VU Amsterdam has a reputation for integrity, which means the programme also covers the ethical perspective on financial markets and regulation.

 

  • You achieved above-average grades in your Bachelor’s degree, or perhaps you’ve already studied for a Master’s.
  • You’re highly motivated and ambitious – ready for the challenge of completing 84 credits in just a year.
  • You’ve done other activities outside your studies – whether taking an internship, volunteering, or gaining work experience before applying for your Master’s.
  • You have a financial background in Business Administration or Business Economics.
  • You’re interested in the broader, more generalist nature of the programme.

Does this sound like you? Then come along to our Master’s Evening where you can find out more and try out the programme for yourself! If you’re keen to apply and meet the entry requirements (see below), then take a look at our application procedure and deadlines.

What kind of corporate jobs are available?

The Duisenberg Honours programme is a passport to jobs in the financial sector like banks or asset management firms, as well as non-financial sector companies that need financial managers who understand the way financial markets work. 

What kind of regulatory jobs are available?

The financial authorities and regulators are always looking for graduates who are trained in financial sector regulation, but who also understand the business side. 

What have alumni gone on to do?

Former students of the programme now work for the Dutch Central Bank, while others have become equity research analysts, or have even gone on to do further more specialized programmes.

How does the programme help prepare students for the job market?

Throughout the programme, you’ll take workshops that will help you find your ideal role, write the perfect CV and covering letter, and ace the interview.

Overview Business Administration: Duisenberg Honours Programme in Financial Markets and Regulation

LANGUAGE OF INSTRUCTION

English

DURATION

1 year

TUITION FEE

APPLICATION

1 April for international degree holders from non-EU/EEA countries (different deadlines may hold for other category students);
15 July for Dutch degree holders and international degree holders from EU/EEA countries

START DATE

1 September

STUDY TYPE

Full-time

SPECIALIZATIONS

Specialization in Business Administration

FIELD OF INTEREST

Economics, Business and Law

Admission with a Dutch degree

We welcome motivated and ambitious students who are actively developing themselves and are aware of their position and role in society. In order to be successful in this programme you will need a solid academic basis in, for instance, (International) Business Administration, Economics, Industrial Engineering & Management or related disciplines. Typically, students in this programme are successful if they have an intrinsic curiosity for financial decision making and for financial markets and if they have obtained their Bachelor’s degree with above average grades for courses in the areas of Financial Management, Financial Markets & Institutions, Corporate Finance or Accounting.

Admission requirements
With a Bachelor's degree in (International) Business Administration, Economics or Econometrics and Operations Research from Vrije Universiteit Amsterdam you are admissible provided you successfully meet the requirements in this document.

Additional requirements

  • Strong motivation and commitment to the high study load of 84 EC in one year
  • Outstanding performance in the completed preceding bachelor programme
  • Sufficient entry knowledge in the core disciplines finance and accounting and sufficient quantitative skills (see below)

Application procedure
To enroll in the programme submit your enrolment application via Studielink. Please note: in Studielink you can apply for the Master in Business Administration and in VUnet you can select your specialization.

Step 1:
Apply for the MSc programme Business Administration via Studielink before 15 July. You can apply for the specialization in VUnet (see step 2).

Step 2:
Please complete your application in VUnet by answering additional questions and affirming  your choice for the specialization. Furthermore you need to upload:

  • a formal transcript of your bachelor grades. Your transcript must include an average score (GPA).
  • a motivation letter in which you explain why you want to pursue a Master’s programmes in BA, Duisensberg Honours Programme Financial Markets and Regulation (max. 1 A4)
  • a recent resume

Please note: we can only process your application when your choice of specialization is clear and your documents are uploaded.

More information regarding registration WO-bachelors, see the VU website (in Dutch).

Services for international (IBA) students / Residence permit:
If you are planning to continue your studies at Vrije Universiteit Amsterdam after your IBA, please contact the Central Admission’s Support Team of Vrije Universiteit Amsterdam for further information and specific questions about the offered services for international students like extending your residence permit. You will need to apply for extension of your residence permit if you continue your studies at Vrije Universiteit Amsterdam.

We welcome motivated and ambitious students who are actively developing themselves and are aware of their position and role in society. In order to be successful in this programme you will need a solid academic basis in, for instance, (International) Business Administration,  Economics, Industrial Engineering & Management or related disciplines. Typically,  students in this programme are successful if they have an intrinsic curiosity for financial decision making and for financial markets and if they have obtained their Bachelor’s degree with above average grades for courses in the areas of Financial Management, Financial Markets & Institutions, Corporate Finance or Accounting.

Admission requirements
The Duisenberg Honours Programme in Financial Markets and Regulation is open to students with a university Bachelor's degree that provides a thorough knowledge in Financial Management, Financial Markets & Institutions, Corporate Finance or Accounting.  You need to have successfully completed courses and studied literature related to the core of this programme, consisting of (or equivalents of):

Financial ManagementBerk, J. and P. DeMarzo, Corporate Finance, Pearson. Latest edition.
or
Brealey, R.A. & Myers, S.C. and F. Allen, Principles of Corporate Finance, Mcgraw-Hill. Latest edition.
Financial Markets and InstitutionsMishkin, F.S. and S.G. Eakins, Financial Markets and Institutions, Pearson. Latest edition.
Business StatisticsBerenson, M.L., Levine, D. M. & Krehbiel, T. C., Basic Business Statistics, Pearson. Latest edition.
Accounting KnowledgeBhimani, Horngren, Datar and Rajan, Management and Cost Accounting, 6th edition.

Aerts, W. and Walton, P., Global Financial Accounting & Reporting : Principles and analysis, Cengage. Latest edition.

Furthermore students need to show:
1.    Outstanding performance in the completed preceding bachelor programme.
2.    Strong motivation and commitment to the high study load of 84 EC in one year.

Approval is in most cases given to students who hold a Bachelor’s degree with sufficient courses in Finance in:
•    (International / Technical) Business Administration
•    Economics and Business Economics
•    Econometrics and Operations Research
•    Industrial Engineering and Management


Application procedure

Step 1:

Apply for the MSc programme Business Administration via Studielink before 15 July. You can apply for the specialization in VUnet (see step 2)

Step 2:
After applying for the programme in studielink you will receive a VUnet-ID and password. Please complete your application in VUnet by answering additional questions and affirming  your choice for the specialization. Furthermore you need to upload:
-    a formal transcript of your bachelor grades. Your transcript must include an average score (GPA).
-    a motivation letter in which you explain why you want to pursue a Master’s programmes in BA, Duisensberg Honours Programme Financial Markets and Regulation. (Max. 1 A4)
-    a recent resume.
Please note: we can only process your application when your choice of specialization is clear and your documents are uploaded. 

Step 3:
The admission committee will assess your application and decide whether you are admissible. You will be informed about this decision via email.

More information regarding registration WO-bachelors, see the VU website (in Dutch).

We welcome motivated and ambitious students who are actively developing themselves and are aware of their position and role in society. In order to be successful in this programme you will need a solid academic basis in, for instance, (International) Business Administration,  Economics, Industrial Engineering & Management or related disciplines. Typically,  students in this programme are successful if they have an intrinsic curiosity for financial decision making and for financial markets and if they have obtained their Bachelor’s degree with above average grades for courses in the areas of Financial Management, Financial Markets & Institutions, Corporate Finance or Accounting.

If you have a Dutch higher vocational (HBO) degree you need to enroll in a pre-master’s programme, which is designed to bridge the gap between higher vocational education and university-level education. Beside a HBO degree you also need to score at least 550 on the GMAT test. Please note: the pre-master's programme is taught in Dutch only.

For more information about the pre-master's programmes see 'Master na HBO' (in Dutch).
More information regarding registration HBO-bachelors, see the VU website (in Dutch).

Students who have successfully completed the VU pre-master’s programme in Financial Management are automatically entitled to admission to the master’s Business Administration specialization Financial Management. To enroll into the Duisenberg Honours Programme Financial Markets and Regulation: see the additional admission requirements. For questions about enrollment into this programme: toelating.sbe@vu.nl.

Visit our Master's Events.

Information days and activities
contact@vu.nl
Admission questions
toelating.sbe@vu.nl
or on Tuesdays and Thursdays between 15:00h and 16:00h: Tel. 020 5985873
Tuition fees, Studielink, VUnet
Central Student Desk
Application
Studielink
Other questions
contact@vu.nl

Admission with an international degree

We welcome motivated and ambitious students who are actively developing themselves and are aware of their position and role in society. In order to be successful in this programme you will need a solid academic basis in, for instance, (International) Business Administration,  Economics, Industrial Engineering & Management or related disciplines. Typically,  students in this programme are successful if they have an intrinsic curiosity for financial decision making and for financial markets and if they have obtained their Bachelor’s degree with above average grades for courses in the areas of Financial Management, Financial Markets & Institutions, Corporate Finance or Accounting.

Admission requirements
In order to gain admission to our Master’s programme, you need to have at least a Bachelor’s degree from an accredited research university including at least three full years of academic study amounting to a minimum of 180 EC or equivalent. We do not require a GRE or GMAT test score. You need to have successfully completed courses and studied literature related to the core of this programme, consisting of (or equivalents of):

Financial ManagementBerk, J. and P. DeMarzo, Corporate Finance, Pearson. Latest edition.
or
Brealey, R.A. & Myers, S.C. and F. Allen, Principles of Corporate Finance, Mcgraw-Hill. Latest edition.
Financial Markets and InstitutionsMishkin, F.S. and S.G. Eakins, Financial Markets and Institutions, Pearson. Latest edition.
Business StatisticsBerenson, M.L., Levine, D. M. & Krehbiel, T. C., Basic Business Statistics, Pearson. Latest edition.
Accounting KnowledgeBhimani, Horngren, Datar and Rajan, Management and Cost Accounting, 6th edition.

Aerts, W. and Walton, P., Global Financial Accounting & Reporting : Principles and analysis, Cengage. Latest edition.

Furthermore students need to show:
•    Outstanding performance in the completed preceding bachelor programme.
•    Strong motivation and commitment to the high study load of 84 EC in one year.

English language proficiency
The admission board wants to stress the intensity of the programme: reading scientific articles and writing papers will be a key part, all in a very high pace. Your English language skills, both oral and written, are extremely important in this programme. As you will have to communicate frequently with your fellow students and you will be working with and for international companies.

VU Amsterdam requires all applicants to take an English test. You can already apply online without having the test results. We do advise you to plan a test date as soon as possible. Below you will find the minimum English test scores for the programme:  

IELTS (academic):
•    Minimum general score 6,5
•    Minimum score speaking 6,5
•    Minimum score listening 6,5
•    Minimum score writing 6,0
•    Minimum score reading 6,0

TOEFL :
•    Paper based test 580
•    Internet based test 92

Cambridge English :
•    Cambridge Proficiency Exam A, B, C
•    Cambridge Advanced Exam A, B, C
Cambridge Advanced Exam A, B, CThe Vrije Universiteit Amsterdam offers the TOEFL ITP English-language proficiency test. The test is offered by the VU Taalloket. You can find more information and register for this test at www.taalloket.nl.

General requirements regarding the English language test: language requirement page .

If you have read the admission requirements and feel you are eligible for admission, please take the following steps to submit your application. Note that the initial application procedure is fully online and that scans of your relevant documents are required. You can already apply online without having completed your Bachelor’s degree. After admission, you will have until 31 August to send a proof of graduation by postal mail.

Step 1: Prepare documents and apply online
Please prepare the following documents and arrange the payment of the non-refundable €100 application fee. You can find a more detailed explanation of each document on the application page. All documents should be provided in English, and preferably in .PDF format.

  • Copy of your valid passport or ID (only for EU citizens)
  • Curriculum Vitae
  • Motivation letter
  • Transcript of records
  • A description of the relevant courses you have taken during your previous higher education, with the main literature used for those course. You can use this format.
  • Thesis (or another sample of academic writing). If your thesis was not written in English, please submit the original with an added summary of about 3 pages in English.

After having prepared the required documents, please follow the online application procedure. After you have completed the application, our international student advisors will contact you via e-mail. Please refer to the application page to see which application deadline applies to you.

Step 2: Await decision on admission
After submitting your complete application, the Admission Board will review all your documents to assess your eligibility. In general, we can inform students of the admission decision within 4 weeks. Around deadlines, this can take a bit linger, so we always recommend to apply as soon as possible. If you are admitted, you will receive your letter of conditional admission by email. After that, you can start planning your move to Amsterdam!

Step 3: Finalize your enrolment and move to Amsterdam!
Make sure to finalize your enrolment as a student before the start of the programme. Here on our website, you will find an explanation of all things to arrange after admission. When all enrolment requirements have been met you will be ready to start your programme at Vrije Universiteit Amsterdam!

Further information about:

Our international student ambassadors are happy to tell you all about their experiences with studying at VU and living in Amsterdam. Our student ambassadors come from all over the world and are currently attending various bachelor's and master's programmes.

Our student ambassadors are listed here.

Reach out to them and hear their stories about being a VU Amsterdam student!

International students can apply to several scholarships. For all VU scholarships, please see www.vu.nl/scholarships. Any available external grant or scholarship can be found through www.grantfinder.nl.

Visit our Master's Events

Central International Office
For detailed questions about the Master’s programmes or the application procedure, please contact one of your International Student Advisors at the International Office: masters.sbe@vu.nl

Leanne Schrijver
Leanne Schrijver
Tel +31 20 59 83032
Paul Steeman
Paul Steeman
Tel +31 20 59 88739
Amu Shrestha
Amu Shrestha
Tel +31 20 59 84296
Lotte de Winter
Lotte de Winter
Tel +31 20 59 89072


For general information about VU Amsterdam:
Please phone us at +31 (0)20 598 5000 (Monday – Friday, 09:00 to 17:00).
You may also e-mail us at study@vu.nl .

Facebook - Faculteite der economische wetenschappen en bedrijfskundeTwitter - Faculteite der economische wetenschappen en bedrijfskundeYoutube- Faculteite der economische wetenschappen en bedrijfskunde