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Research Master’s & PhD Programs in Economics (and Business)
Pintao Lyu and Arthur van Soest
RM Programs and CentER
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• CentER is the graduate school of the Tilburg School of Economics and Management
• It offers Research Masters and PhD programs in Economics and Business
• All fields in economics and business administration are covered in the programs
• CentER is one of the leading Graduate Schools in the Netherlands and aims to compete with top graduate schools in the world
• CentER Honours Program prepares for Research Masters (but is not a requirement for admission)
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International student population: more than 75% of the Research Master students and PhD students are non-Dutch
Tilburg Professors are from all over the world
Seminar speakers from many countries that are leading researchers in their fields
PhD exchange
International Orientation
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Part 1: Research Master = graduate course work + RM thesis
2 years
• Two years for people with relevant BSc/MSc degree
(in Business side-inflow possible for people with relevant MSc degree)
• Leads to Research Master MSc
Part 2: PhD program = academic research + PhD thesis
3 years
• for students who performed well in their RM and found a topic and a supervisor
Graduate Program
Research Master (2 years)
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• High quality, interactive courses
• Comparable to top schools in US and UK
• Research plays a prominent role in course materials
• Close collaboration with your classmates (small classes)
• Close involvement with researchers in the faculty
• Use of a common research master study room, printing facilities and coffee corner
• Prerequisite for starting a PhD (in a regular position)
Three years PhD thesis research (or four years part-time)
Most PhDs are employees and receive a salary
Office (usually shared)
Teaching and supervision of BSc/MSc theses
Choosing your own research topic(s)
Stay abroad for research visit (of e.g. six months)
Conference attendance
Seminars
Job at, e.g., a good university
PhD program (3 years)
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RM graduates usually start a PhD in Tilburg or elsewhere
Most of the PhD graduates continue in academics and are hired by universities
Others go to national and international research institutions, banks, ministries, etc. (IMF, WHO, European Commission, DNB, CPB, …)
One of the aims of the graduate programs is to place students at top universities
CentER has successfully placed students in, for example, University of Chicago, Oxford University, or University of Cambridge
Career Prospects
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Placements of Tilburg PhD graduates
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10 mandatory courses of 6 ECTS each:
• Quantitative Methods (August – September)
• Micro 1, Macro 1, Econometrics 1 (September – December)
• Micro 2, Macro 2, Econometrics 2 (January – April)
• Micro 3, Macro 3, Econometrics 3 (April – July)
Seminar attendance; orientation topic RM thesis & PhD research
Research Master in Economics Year 1
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• Academic writing (1 ECTS)
• Field paper (5 ECTS)
• 5 Field courses (chosen from a list of at least 10; 15 ECTS)
• RM Thesis (academic paper; 27 ECTS)
• Elective courses (12 ECTS)
At the beginning of the year, students submit their own educational plan, discussed with and approved by their “educational coordinator”
Selection into PhD program: February – March
Possibility to take electives from outside Tilburg
Possibility to replace 3 or 6 ECTS course work by research project?
Research Master in Economics Year 2 (as of 2017)
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Current field courses RM Economics
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Behavioral Economics, Experimental Economics 1, Experimental Economics 2
Industrial Organization Theory, Organizational Economics
Competition and Regulation, Law and Economics
Empirical Industrial Organization 1, Empirical Industrial Organization 2,
Strategic Real Options Theory, Advanced Game Theory
Corporate Finance 1 (Part 1)
Development and Growth,, Advanced Macroeconomics
Monetary Policy at the Zero Lower Bound, Topics in Macro - Environment
International Trade, Macro Reading Group
Advanced Time Series Analysis, Advanced Micro-econometrics
Non- and Semiparametric Econometrics,
Topics in Econometrics: Model Selection and Big Data
Health Economics, Population Economics
We expect…
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• Relevant undergraduate degree (to be obtained no later than 31 August)
• Curiosity and inquisitive nature
• Self-discipline and willingness to work hard
• Interest in economic issues (broadly defined)
• The motivation to become a researcher
http://www.tilburguniversity.edu/education/masters-programmes/research-master-economics/application/
Admission criteria: GRE/GMAT test (depends on RM of choice)- 90% or higher on the quantitative section of the GRE - 90% or higher on the total score of the GMAT IELTS/TOEFL- Minimum score of 7.0 in the Academic IELTS test and no section below 6.5.- At least 100 in the TOEFL internet based test. Excellent grades in your previous education Motivation letter C.V. At least two letters of recommendation Example of written work
Deadlines:1 February (for those wishing to apply for a scholarship) 1 April (for those not needing a scholarship)
Early deadline recommended for all because of limited places and scholarships.
Admission and deadlines
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Interested in Research Master?
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https://www.tilburguniversity.edu/education/masters-programmes/research-master-business/
https://www.tilburguniversity.edu/education/masters-programmes/research-master-economics/
For more information please drop by the CentER Graduate Office (K 135) or send an email to [email protected].
Or contact one of the faculty members involved:
Directors of Graduate Studies (DGS)
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Prof. Bart Bronnenberg
Director of graduate studies in Business
Prof. Arthur van Soest
Director of graduate studies in Economics
Education Coordinators Economics
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Martin SalmEconometrics
Bert WillemsMicroeconomics
Burak UrasMacroeconomics
• Starts end of January; runs until June
• Access for selected final year BSc and MSc students interested in academic research (30-35 students in total)
• Gives a flavour of academic research and a research oriented career
• Possibility for students to participate in an extracurricular activity and earn extracurricular ECTS; chance to update your CV
• Opportunity to learn about the Research Master and doing research
• Registration deadline: 21 November
• You need to submit an application form, CV, grade list, and motivation letter. See https://www.tilburguniversity.edu/research/institutes-and-research-groups/center/graduate-school/chp/registration/
CentER Honors Program
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• There are eight or nine sessions of two lectures of 1.5 hours each
• Successfully complete at least five sessions and attend both lectures
• Each session = 1 ECTS
• Choose a topic from one of the sessions for a final assignment of 2 ECTS
• Total course load: 7 – 11 ECTS
Selection of sessions
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ThisLast Year’s Topics and Lecturers Year’s Topics and Lecturers
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• Econometrics: “The Econometrics of Market Structure and Competition” by Jaap Abbring
• Organization & Strategy: “The Organization as a reflection of its top managers & Why do Multinational firms exist?” by Nufer Ates & Zheying Wu
• Operations Research: “Real Options” by Peter Kort
• Accounting: “Capital Market-Based Accounting Research & Managing Accounting Research” by Philip Joos & Bart Dierynck
• Microeconomics: “Behavioral Industrial Organization” by Jan Potters & Eric van Damme
• Macroeconomics: ”The role of a Government’s fiscal-and-monetary policies in influencing macroeconomic activity” by Harry Huizinga & Burak Uras
• Information Management: “Understanding Information Management in the Digital Society” by Anne Rutkowski
• Marketing: “Branding and Differentiating & Managing Customer Retention to maximize Firms’ profits” by Bart Bronnenberg & Aurélie Lemmens
• Finance: “Liquidity and Asset Pricing” by Joost Driessen
CHP-Coordinator:
Bibi Mulders
Room K 109
013-466 4021
Web-site:
http://www.tilburguniversity.edu/research/institutes-and-research-groups/center/graduate-school/chp/
More information
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Some Experience as RM-Students
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• Who we are
• What we are doing
• What we will do
Some Experience as RM-Students
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• Who we are
Totally into exploring something
Crazily on getting things done
Absolutely out of the box
Some Experience as RM-Students
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• What we are doing
Macroeconomics
Econometrics
Microeconomics
Some Experience as RM-Students
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• What we will do
