International Financial Management and Control - English - 4 years - Full-time

On IFMC we’ll prepare you for your future career. You’ll get a basic grounding in all-things finance - and so much more. They’ll be real-life case studies, assignments and business scenarios, taught by lecturers with stories to tell from their own international business careers. 

You’ll see finance from both entrepreneurial and ethical perspectives and learn all about management and marketing, with the practical experience a university of applied sciences offers. But the main focus will be on financial and cost accounting, using economic data to make a difference.

In year one, you’ll get a solid foundation in finance and business administration and set up investment plans for regional, national and international companies.

In your second year, you’ll get a ‘finance-plus’ grounding, solving business issues during hands-on group projects. You’ll also choose from elective courses, including Entrepreneurship and Data Analytics.

In year three, you’ll start your journey as a finance professional on your first internship at a small or medium-sized enterprise (SME), government institution or multinational organisation either in the Netherlands, or anywhere in the world. 

In your final year, you’ll take two of our cutting-edge minors at THUAS or one of our global partner universities. You can also take two pre-masters minors, which will prepare you for the three masters degrees in Accounting and Finance, Accounting and Control, and Accounting and Auditing at Erasmus University, Rotterdam and allow you to take the masters in one year. Finally, you’ll complete your graduation project during a second internship, making sense of the numbers and applying calculations to real scenarios.

 

Structure of International Financial Management and Control - English - 4 years - Full-time

Lectures

20

hours per week

Self-study

20

hours per week

Projects

10

hours per week

Study credits

60

in year one


Year 1

The first year is the introductory (propadeutic) year

In your first year you’ll find out why finance is at the heart of a business. You’ll learn about the financial and non-financial impact of company operations and understand the crucial role of a financial controller. Interpreting numbers with an analytical approach, you’ll be able to assess company performance.

Each term’s main theme is explored during a hands-on project. You’ll work in groups with people from all over the world - over half of IFMC students are international. As well as doing lots of calculations, you’ll also learn about Excel and creating dashboards with Power BI. You’ll improve your business communication and research skills and get a basic understanding of statistics, management and marketing.

 

Timetable

Term 1
Financial Accounting (1)
Finance and investments
Marketing and Business Environment
IS-tools Excel (1)
Business Plan project
Business Communication
Term 2
Financial Accounting (2)
External Reporting
IS-tools Excel (2)
Project Management
Financial Accounting Project
Financial Accounting Tools
BFM Circular Challenge
Business Communication
Term 3
Financial Accounting (3)
Organisation and Management (O&M)
Research Project O&M/BIS
Business Processes and Information Systems
Business Skills (research, report writing and presenting)
Term 4
Financial Accounting (4)
Cost Accounting (1)
Power BI
Statistics
Managing meetings
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Year 2

Go figure!

In the second year, you’ll investigate an organisation, analysing its numbers and learning how to turn advice into profits. You’ll work in project groups and use IT tools, such as Excel and SAP, to get a better understanding of a company. You’ll go beyond the numbers and discover how a company can make an impact in society and different cultures.

It’s not all study. There are other opportunities to grow as an individual and connect with your fellow students outside the classroom. As part of your personal journey, you can become a first year buddy, tutor or student assistant. Or join the PR team that promotes our programme on social media, activities organised by student support teams and focus groups that evaluate and improve our curriculum. 

Year 3

Specialisation and internship

The third year kicks off with a 15-week internship, which you can do in the Netherlands, or anywhere in the world. You’ll get the chance to apply all the things you have learnt during the first two years.

Our IFMC students make a real difference at our partnering internship organisations, which have included Mercedes Benz and Nutricia, plus pension funds and investment companies.

In the second semester, you’ll explore Strategic Management and Risk Management in depth during interactive group projects and related courses.

Year 4

Minors and graduation project

In your final year, you can cement your business experience by taking two cutting edge minors at THUAS, including Risk Management, Controlling, Blockchain, Circular Business and Data Science for Business Improvement. Or you can choose to do your minors on an international exchange at a partner university. You can also take two pre-masters minors which will prepare you for the masters in accounting, auditing, finance and control at Erasmus University, Rotterdam.
 
You’ll finish off with a second internship researching current business issues for your graduation project at an organisation of your choice. You could follow in the footsteps of Deniss Korotkovics, one of our first IFMC graduates. He researched how to improve the cash flow at Nutricia, a subsidiary of the Danone Group and made a positive impact on the financial results at Danone.

 

Your lecturers

Erik Van Den Ham

E.J.vandenHam@hhs.nl

Rob Dorpmans

r.dorpmans@hhs.nl

Prof. dr. Theo Bosma

t.bosma@hhs.nl

Robert Adriani

r.j.adriani@hhs.nl

Egbert Willekes

e.j.willekes@hhs.nl

Casper Verschoor

c.w.verschoor@hhs.nl
+31 6 143 280 74

LinkedIn LinkedIn profile

Irénee Dondjio

i.donjio@hhs.nl

Marcel Veloo

m.veloo@hhs.nl

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Testimonials

Sevara Majitova

On how her aspirations align to the programme

Mina Bozhilova

On individualised attention

Kharim Ohab

On the international vibe

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Minors

Shape your degree

In the first semester of year four, you can take two minors at THUAS or another international university and get a head start as a business controller.

Our minor in Risk Management equips you with tools to help an organisation meet its long term goals with minimal risks. You’ll learn why some businesses fail and how to prevent this from happening. 
You could choose our Controlling minor and find out how managers oversee an organisation and help them stay on track with the right strategy.

We also offer minors in ‘hot topics’ which support the core business of IFMC. Our popular Blockchain minor will give you invaluable knowledge about this revolutionary technical innovation and how to use it. 
You’ll focus on multiple value creation in the Circular Business minor, which prepares you to become a groundbreaking finance professional, aware of the bigger picture. Or explore the business processes dealing with ‘big data’ on the Data Science for Business Improvement minor.

We offer two pre-masters minors in partnership with Erasmus University, Rotterdam, as launch pads to their masters degrees in accounting, finance, accounting and control. Take prerequisite courses in statistics, mathematics and finance to skip the pre-masters course at Erasmus.

 

Working methods

Lectures, seminars, study visits, self-study, group activities and project work

Our IFMC lecturers come from as far and wide as Greece, Italy, Nigeria and the USA. But each term we also invite guest lecturers from global businesses. You’ll gain the hands-on experience of a university of applied sciences and leave enriched with communication, analytical, cultural, teamwork and research skills. That’s what makes IFMC stand out from programmes at research universities. We’ll arm you with the essential IT skills for your chosen profession. For example, in year one you’ll gain essential IT skills with Microsoft Excel. In year two you’ll learn how create dashboards with Power BI to look at KPIs and the wider picture at organisations. You’ll have that edge in the job market with these latest technologies in your toolkit.

Contact the programme

If you have any further questions about admission requirements, enrollment or about following the IFMC programme, please make use of our contact form.
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Contact a current student

Assistance during your studies

Study coaching and advice

We assume your time at IFMC will run smoothly. However, we do offer personal assistance if you are experiencing any problems. You’ll be allocated a mentor who can help you keep track of your progress. They can help you improve your time management skills, or find the right people within the programme to answer more complicated questions. They’ll also support you if you have any personal problems that can impact your study.

Collect ECTS

Binding Study Advice (BSA)

To continue your degree programme after the first year, you need to earn 50 of the 60 credits (EC or Credits). In some cases, the degree programme may also require that you pass a specific subject as European art of the credit requirements. We call this a qualitative requirement. If you meet the credit requirements as well as the qualitative requirement where applicable, you will receive a positive binding study advice (BSA) from the Examination Board at the end of your first year and you will be able to continue your degree programme.

If you earn less than 50 credits or don’t meet the qualitative requirements where applicable, you will receive a negative binding study advice and will have to leave the degree programme. This is why this advice is called a Negative Binding Study Advice (NBSA). 

Your academic progress may be affected by personal circumstances such as illness or the professional practice of a sport. It is important that you inform the Examination Board immediately of any personal circumstances that might apply to you. The Board can take these into account when issuing its study advice.

Read all the rules for the binding study advice in Chapter 7 of the Education and Examination Rules and Regulations (OER) for your degree programme.


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