Welcome At Maastricht University Faculty of Economics and Business Administration Content of the presentation I Overview study programmes II The Faculty pillars III Living in Maastricht IV The choice for Maastricht?! Faculty of Economics and Business Administration I Overview study programmes Bachelor’s - Master’s structure Economics, Econometrics and Operations Research, Fiscal Economics, and International Business Bachelor 1 2 Master 3 4 Faculty of Economics and Business Administration Outline of an academic year Education (7 weeks) Tests (1 week) Holidays (Christmas 2 weeks, Carnival 1 week, Summer 2 months) Re-sits (1 week) Skills training (2 weeks) Faculty of Economics and Business Administration Bachelor’s programmes • • Economics Infonomics International Economic Studies International Business Economics Econometrics and Operations Research • (Fiscal Economics (partly in Dutch)) • International Business Faculty of Economics and Business Administration What is Economics? • Economists aim to explain choices that are made by firms, governments, individuals • Example: Expansion of EU in May 2004 – How can firms benefit from EU expansion? New export markets, easier access to cheap labor, etc. – What is the impact of EU expansion on individuals? As workers? As investors? – What policies should the government or central bank in Estonia follow if it will join the euro in 2009? • Example: Financial Crises Faculty of Economics and Business Administration What is Economics? • Economics versus Business – Business deals with the organization of a commercial, professional or industrial organization or enterprise – Economics is a social science that studies the production, distribution, trade and consumption of goods and services Faculty of Economics and Business Administration IBE versus IB Economics / IBE • Economics programme International Business • Business programme • Focus • Focus – Holistic understanding – Build on fundamentals of of business functions economics – International business – International businesses environment & internal within their environment organisation of – External focus businesses – Internal focus Faculty of Economics and Business Administration IB versus Economics IB: Management and organization of the firm and its markets ~ the firm ~ internal IBE - Foundation in Economics - Focus & Specialization in Business ~ interaction between firm and its environment Economics: welfare, competition, behavior, money, legislation, policy ~ external Faculty of Economics and Business Administration Year 1: Economics Management of Organisations and Marketing Quantitative Methods I Microeconomics Accounting/Financial Information Systems Philosophy of Science Macroeconomics Quantitative Methods II Finance Economic Forces in the Global Village Economy Game Faculty of Economics and Business Administration What is International Business? Faculty of Economics and Business Administration What is International Business? • International Business – Integration of business functions – Interdisciplinary perspective •Business, Economics, Psychology, Law, ... – Skills Development •Academic, Professional – International context Faculty of Economics and Business Administration Year 1: International Business Management of Organisations and Marketing Quantitative Methods I Economics and Business Accounting/ Financial Information Systems Philosophy of Science Strategy Quantitative Methods II Finance Fundamentals of Logistics Management Management Game Faculty of Economics and Business Administration What is Econometrics & Operations Research? • The study of economics and business administration from a quantitative, mathematical point of view. • The study of mathematics and statistics oriented towards economic application. • The ideal version of studying business and economics for students who are mathematically talented. Faculty of Economics and Business Administration Year 1: Econometrics & Operations Research Management of Organisations and Marketing Analysis I & Linear Algebra & Orientation Microeconomics Analysis I & Linear Algebra & Orientation Philosophy of Science Macroeconomics Analysis II & Probability Theory & Orientation Finance Probability Theory & Orientation Orientation Faculty of Economics and Business Administration Job perspectives • Econometrics & Operations Research • • • Planning of logistics Researcher Specialist in financial models • International Business • • • Economics • • • • Controller or accountant Governmental policy consultant Investment analyst Market researcher • Consultant Manager in an international business Product manager Faculty of Economics and Business Administration Potential employers ● PriceWaterhouseCoopers ● ING Postbank ● ABN AMRO Bank ● Deloitte ● KPMG ● Rabobank ● Ernst & Young ● ● Philips ● Shell ● Accenture ● Fortis ● KPN ● Atos ● Vodafone ● DSM ● TPG Post ● OCE ● Cap Gemini ● ● Unilever ● AKZO Nobel ● Daimler Chrysler AG + Mercedes Benz ● IBM ● Exxon Mobil ● F. van Lanschot Bankiers ● Cargill ● General Electric ● ABP ● Hay Group ● KLM / Air France ● L'Oreal ● Albert Heijn / Ahold ● CBS ● Pink Roccade ● Ministry of Finance ● Ministry of Economic Affairs ● Essent ● Delta Lloyd ● Hewlett Packard ● ● Procter & Gamble ● Robeco ● AC Nielsen ● SNS Bank ● HSBC Trinkaus & Burkhardt ● LogicaCMG ● Nuon ● DHL ● ● Eiffel ● Heineken ● Henkel ● Ordina ● United Nations ● Volkswagen ● Zwitserleven ● Banque Artesia ● Ormit ● ● Citigroup ● De Lage Landen ● Deutsche Bank ● Interpolis ● Randstad ● Siemens ● Reckitt Benckiser ● RWE AG ● ● Audi AG ● Aldi ● Bain & Company ● The Boston Consultancy Group ● AZL Pension Advisors ● BDO Accountants ● ● Boer & Croon ● British Telecom (BT) ● Coca Cola ● DNB (De Nederlandse Bank) ● Leaseplan ● Elsevier ● Medtronic ● UBS ● Dresdner Kleinwort Wasserstein ● European Investment Bank ● Rockwool ● FaGro Consultancy ● ● Goldman Sachs ● Kas Bank ● Koenen en Co ● UWV ● ● Masterfoods ● Merrill Lynch ● Microsoft ● Philip Morris ● ● Berenschot ● TNT ● Nederlandse Spoorwegen (NS) ● WE ● Sanoma Uitgevers ● A.T. Kearney ● Sara Lee / Douwe Egberts ● Schiphol ● Xantic ● Abbott Laboratories ● Aegon ● ANWB ● ArboNed ● Atradius ● T-Mobile ● BMW ● ● BP ● DAF ● Euronext ● Boston Scientific ● Campina ● ● Canon ● Corus ● Eneco ● CPB ● Jufidet ● European Commission ● FGH Bank ● Interpay ● Jones Lang Lasalle ● UPC ● Kappa Packaging ● Lehman Brothers ● Maersk ● McKinsey ● Mees Pierson ● Mercer ● Morgan Stanley ● Munich Re ● Nestlé ● Nutreco ● Nutricia ● Oracle ● ● Ortec ● PGGM ● Vendex ● Roland Berger ● Sabic ● Sal.Oppenheim ● TNO ● Samhoud ● Sogeti ● Triodosbank ● ● Yacht ● France Telecom ● Twynstra Gudde ● Solvay Pharmaceuticals ● ThyssenKrupp ● Trompenaars Hampden-Turner ● Deutsche Post ● World Net Business Consulting GmbH ● Faculty of Economics and Business Administration Admission requirements for German students • Abitur • no language test (TOEFL or IELTS) required • tuition fee: € 1600,-/year Faculty of Economics and Business Administration Application Deadlines EU Students • Economics Econometrics and Operations Research: • • Apply before 1 September 2009 International Business (Numerus Fixus): • Decentralised selection (250 places): 1 April 2009 • Central selection (250 places): 1 May 2009 Faculty of Economics and Business Administration Online Preparatory Courses The faculty offers preparatory courses in both economics and mathematics, to be optimally prepared for your study. • Whom: Students with less than average prior • When: • Costs: • Info: knowledge of economics and/ or mathematics Summer holiday For free www.unimaas.nl/onlinepreparatorycourse Faculty of Economics and Business Administration II The Faculty pillars Strengths FE&BA • PBL • International • Achievements • Innovative Faculty of Economics and Business Administration Faculty of Economics and Business Administration Problem Based Learning • Practical problem as starting point for learning • Active acquisition of knowledge • • • Implemented by Tutorial groups Projects Management games Research papers and presentations Teachers are coaches Development of skills: communication, management, leadership, team work Faculty of Economics and Business Administration Problem Based Learning Characteristics: • • • • Practically oriented Bringing forward of own ideas Way to resolve problem is more important than the answer to the problem itself Active approach to the required literature Faculty of Economics and Business Administration International • Top 15 most ‘international’ universities worldwide • Courses with an international prospect • 3 out of 4 BSc programmes completely in English • 57% of all regular students is non-Dutch • 41% of all employees is non-Dutch (incl. student assistants) • Obligatory study abroad Faculty of Economics and Business Administration Faculty of Economics and Business Administration Study Abroad • 130 universities in 39 countries - 450 incoming exchange students - 500 outgoing exchange students Europe Canada United States Colombia Peru South Korea Japan Hong Kong Thailand Singapore Australia South Africa Faculty of Economics and Business Administration Quality • FEBA is AACSB, EQUIS and AMBA accredited • International accreditation for the quality of education, teaching staff and organisation • Only 28 out of 3.900 Business schools worldwide have obtained the so-called ‘Triple Crown’ • Highly ranked in the Netherlands Faculty of Economics and Business Administration Keuzegids Hoger Onderwijs 2008 • BSc Economics 1. 2. 3. 4. 5. 6. 7. 8. Maastricht (7.14) Amsterdam VU (6.88) Tilburg (6.85) Nijmegen (6.84) Rotterdam (6.84) Utrecht (6.82) Amsterdam UvA (6.71) Groningen (6.62) • BSc International Business 1. Maastricht 2. Tilburg 3. Rotterdam (7.36) (7.00) (6.89) • Bsc Econometrics & Operations Research: not enough data available • Bsc Fiscale Economie: not evaluated Source: Keuzegids Hoger Onderwijs. Student judgements on quality of education and organisation & facilities Faculty of Economics and Business Administration Innovative • Further development Problem Based Learning • Online preparatory courses Economics/ Mathematics • Career services • International internships • EleUM • Surfyourself • Digital University Library Faculty of Economics and Business Administration Faculty of Economics and Business Administration III Living in Maastricht Student Associations • Study Associations • Student Associations • Fraternities/Sororities Faculty of Economics and Business Administration Sports • UM Sports Card • Student Sports Associations E.g., Athletics, Rugby, Dancing, Rowing, Hockey, Volleyball, Climbing, Tennis, Soccer, Tae Bo, Swimming, Cycling, Fencing, Sailing, Diving, Badminton, Fitness, Horse riding, Ballet, Capoeira, Ice-Skating, Water polo, Aerobics, Judo…. Faculty of Economics and Business Administration Student Counseling • Extra Tutorials • Student Advisors • Study Associations Faculty of Economics and Business Administration IV Make a good choice Make a good choice!!! • • • • Academic education Interest in economics and business administration Problem Based Learning/Student-centred learning Internationalisation – Education in English – Study abroad – Foreign students Faculty of Economics and Business Administration Questions? Student Recruitment & Communications Office Tel: +31 43 388 2055 (Mon-Fri 11h-13h.) E-mail: bachelorinfo@efb.unimaas.nl Website: www.unimaas.nl/feba Brochures My email: L.Figge@student.unimaas.nl Open Day: 28 March 2009 Experience Days: 18.02.09, 29.04.09, 27.05.09 Please Subscribe via www.unimaas.nl/feba Faculty of Economics and Business Administration