International Financial Management and Control - English - 4 years - Full-time
During IFMC you’ll break the mould of the 'boring' accountant. You’ll discover finance from both entrepreneurial and socially responsible perspectives. This means you’ll learn all about management and marketing. But the main focus will be on financial and cost accounting. Using economic data to make a difference. In year one, you’ll learn about organisational costs and business administration and how to set up an investment plan for regional, national and international companies. In your second year, you’ll hit the ground running with business issues, which you’ll have to solve in hands-on group projects. In year three, you’ll start your journey as a ‘manager of change’ in a small and medium-sized enterprise, a government institution or a multinational. Your thesis gets you ready for your dream career in year four.
Structure of International Financial Management and Control - English - 4 years - Full-time
Lectures
20hours per week
Self-study
20hours per week
Projects
10hours per week
Study credits
60in year one
Year 1
The first year is the foundation (propaedeutic) year.
In your first semester you’ll learn why finance is the beating heart of a business. Learning by numbers. You’ll gain an understanding of the financial and non-financial impact of company operations. How a business controller is ‘across’ what happens in an organisation. You’ll crunch the numbers and understand how to improve a company’s performance.
Timetable
Year 2
Delve deeper
In the second year you will take a wider look at an organisation, juggling figures and learning how to give advice that can turn into profits. Accountants can be creative too. You’ll use IT tools such as Excel an SAP to get a better understanding of a company. But it’s not just about money. You’ll see how a company can have an impact on the social environment and our world of cultural diversity.
Year 3
Specialisation and exchange
The third year kicks off with a 15-week internship. You’ll get the chance to apply all the things you learnt during the first two years. From experience, we know that our IFMC students make a real difference at our partnering internship organisations. IDEXX, the US company responsible for the health and well-being of people, pets and livestock, gives our IFMC students glowing references: "The students from The Hague University of Applied Sciences that have interned with IDEXX have shown excellent attitudes and capabilities. Being eager to both learn and contribute, they bring a contagious positive energy to the team. It’s enjoyable to watch them grow in skills and confidence as their time with us has progressed. We’re very happy with our experience with them."
Year 4
Internship and graduation
In year four, it’s time to put everything into practice and make a real difference to the world. You’ll be challenged to solve an important business problem and write your thesis at an international organisation. 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. His recommendations are still having a positive impact on the financial results of Danone.
Minors
Shape your degree
In the first semester of year four, you can choose a minor at THUAS - or another international university - that will give you a head start as a controller.
Our minor in Risk Management equips you with the right tools to help an organisation meet its long term goals without taking too many risks. You’ll learn why some businesses have failed in the past and will be able to prevent this happening again.
Or, you might want to choose our Controlling minor and find out how management can keep an organisation in control. You’ll be able to help managers implement the right organisational strategy to keep them on track.
Working methods
Lectures, seminars, study visits, self-study, group activities and project work
Each term we invite specialists from the business world to be guest lecturers at IFMC. Recently, Anton Philips, the grandson of the Philips founder, gave students an inspiring lecture on how to successfully manage costs. The world needs ‘doers’ not philosophers. And that’s what stands IFMC apart from an academic university. For example, year one will equip you with an Advanced Microsoft Office diploma, which will make you an Excel wizard. Skills-based learning in new technologies will give you a head start and could land you a higher pay cheque than other graduates.
Contact the study
If you have any further questions about admission requirements, enrolment or about following the IFMC programme, please e-mail Drs. Erik van den Ham at e.j.vandenham@hhs.nl
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Contact with the student
Jari Hazenoot
My name is Jari Hazenoot, a 20-year-old student at The Hague University of Applied Sciences. I am in the 2nd year of International Financial Management and Control. This study helped me become analytical ambitious and also critical to myself. Before IFMC, I finished the MAVO and later also the HAVO. Do you have any questions about studying at The Hague University or about IFMC? For example, if it is possible to work next to your study. I'd like to answer your questions. You can always send an email. I'll reply as soon as possible!
Yogesh Hingorani
My name is Yogesh Hingorani and I am 19 years old and a student at The Hague University of Applied Sciences. Being an International Finance Management and Control student, I learnt to analyse situations more critically and work better as a team. Before studying at The Hague University, I have successfully completed secondary school (HAVO) due to my determination and discipline. If you have any questions relating to The Hague University, for example, what is the atmosphere in this school, or any questions relating to the study, for example, what is the requirements to enter this study or how are lessons carried out, then send an email and you will receive an answer by me as soon as possible.
Assistance during your studies
Study coaching and advice
We assume your time on IFMC will run smoothly. However, we do offer personal assistance if you are experiencing any study problems. You’ll be allocated a mentor who can help you keep track of your study progress. He/she can help you improve your time management skills, or find the right people within the programme to answer more complicated questions. He/she will also support you if you have any personal problems that can adversely affect your schoolwork.
Collect ECTS
Binding Study Advice (BSA)
To continue your degree programme after the first year, you need to earn 50 of the 60 credits (ECTS). Some degree programmes also set other requirements to pass onto the second year of the course. This could, for example, be a specific subject that you must pass and that counts towards the 50 credits. 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.
If you earn less than 50 credits and do not meet the qualitative requirements where applicable, you will receive a binding negative study advice and will have to leave the degree programme. This is why this advice is called a Binding Negative 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 Programme and Examination Regulations (PER) for your degree programme.