The Business Economics program is aimed at students interested in the business scene. It prepares them for the active and flexible fulfillment of a wide range of tasks in the financial, industrial, trade and service sectors in which companies and social profit organizations operate. Students become acquainted with almost every functional aspect of the business world: how and why a company is established, how it is financed, how it organizes itself administratively, how it produces goods and services, how it markets and sells those goods and services, how it deals with personnel and how the company’s management coordinates and steers all those activities. Emphasis is placed on the inside of the business.
The master’s program has a modular structure. That means that you will no longer be taught according to the traditional semester system. From now on, your courses will be bundled in four modular blocks of six weeks each. You only have two courses per block which allow you to process the content in a more focused and in-depth manner. The teaching methods are challenging: case studies, group assignments, discussion panels, lectures, business games, etc. At the end of each modular block, you have exams from the two previous courses. During a modular block, you also get interim tests and (group) assignments. As a result, you no longer have exams in January or June. In the second semester, you will receive a practical course that fits with your specialization and in which you become acquainted with the professional field. You will have enough time in the program to work on your master’s thesis. In the master’s program, there are three disciplines that allow you to tailor your curriculum, according to your own interests, to one functional field.
Corporate Finance studies the way that corporate activities are financed. The various financing methods are instruments that are available to a company have strongly differing characteristics, each with their own advantages and disadvantages. One of the challenges for the company is finding an optimal mix of the financing methods; they must allow for sufficient flexibility while remaining acceptable with regard to the cost. The financing mix is also translated into the structure of the company's annual report: it can be analyzed thoroughly from that perspective. In the context of an increasing number of fusions and takeovers, you learn how companies can be valued and how risks can be managed. Finally, this discipline also covers research methodology and seminar projects integrate practical applications within the field of study.
All students have the opportunity to do an (international) internship. The internship can be added to the program as an elective course.
Finally, the master's dissertation is a very important element. Via that dissertation, you can show that you are able to apply the acquired knowledge to a problem independently.
Courses related to the main subject
|Elective courses||6 credits|
|Master’s dissertation||15 credits|
The largest outlet for Business Economics graduates is the business world. We find graduates in every possible position within companies and social profit organizations. Most graduates start their career in the discipline that they choose in the master’s program. After a few years, this often shifts. Some graduates are given greater responsibilities within the original field and become a Marketing Manager or Financial Director. Others expand their career within a different functional field or are promoted to general management posts. The broad orientation of the program makes such career moves easier. A significant number of graduates choose what is called an economic profession: accountant, corporate consultant, fiscal advisor, registered accountant, etc. These professions can be practiced as an employee or as a self-employed person. Finally, we also find Business Economics graduates in banks, insurance companies, government services and services close to the government. Some examples of jobs in which Business Economics graduates start: auditor, cost price expert (controller), financial director, financial consultant (IPOs, company acquisitions), marketing manager and market researcher.
Students who are not sure about where to grow their career to can attend the VEK (Flemish Economic Circle) Career Day. This Career Day is the biggest job fair in Belgium which is organized yearly by and for economic students. It presents a wide amount of companies from numerous industries. On this day you get the chance to ask all your questions to the recruiters of the attending companies.
Candidates should have an academic bachelor's degree.
The Business Economics' program consists of 3 learning trajectories: 1. economics and business economics trajectory, 2. quantitative trajectory and 3. methodological trajectory. The candidates' educational background should contain the following components wihtin each learning trajectory:
- Economics and business economics trajectory eg microeconomics, macroeconomics, accounting, marketing, finance;
- Quantitative trajectory eg mathematics, calculus, algebra;
- Methodological trajectory eg statistics, econometrics, research methdology.
English at level B2 is required upon enrolment.
A GMAT and/or GRE score should be included in your application file. Candidates who submit an application file without a GMAT or GRE score have significantly less chance of being admitted.
How to apply
In order to apply, you have to start up the online application procedure.
After completing the online application, you will be required to submit an application package (paper package) before the deadline.
- EEA citizens: before June 1st, 2020
- Non-EEA citizens: before March 1st, 2020
- EEA citizens: €938,80
- Non-EEA citizens: €5624,80
About the School
The current faculty of Economics and Business Administration was established on 1 October 1998. Economic education at Ghent University, however, has a much longer history.