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International Finance and Control

Enrollment is not possible anymore for semester 2 2019/2020. The minor is full.

​The minor International Finance and Control offers you a strong and global foundation in the areas Accounting & Control and Finance & Investment. You are being equipped to make business decisions as a corporate executive (e.g. as controller or CFO), and to evaluate investments as a financial analyst in the international capital markets (e.g. at a hedge fund or investment bank). The minor has been designed to enable you (if desired) to choose a specialisation in either Accounting & Control or Finance & Investment during your exchange, internship, and/or thesis. The minor also offers you a solid basis for a master programme. 

The minor provides an invaluable experience for the financial management specialist of the future, as it enables you to become a knowledgeable and critical practitioner. One of the main strengths of the minor is the application of theory into practical assignments that are directly derived from the professional work field. Moreover, the six modules within the minor have been carefully aligned to give you an integrated perspective on current developments in business and finance. With both students and lecturers from different countries, the minor offers you a truly international experience. Finally, where possible, the contents has been synchronised with professional charter programmes such as the Chartered Institute of Management Accountants (CIMA), and the Chartered Financial Analyst (CFA) Institute.


Having followed the minor, you are able to:

- prepare and interpret financial statements compiled under different international accounting standards.

- apply risk management techniques (e.g. using financial derivatives) to deal with financial risks.

- evaluate business decisions within a management control environment.

- execute business decisions using enterprise resource planning (ERP) software.

- exploit investment opportunities in stocks, bonds, and other securities, by using contemporary finance theories and techniques.

- evaluate the social and behavioural aspects that affect international finance.

Aanvullende informatie

Questions about the minor?
Contact Johan Kloosterman,

Questions about the Kies op Maat procedure?
Contact Laila Akkouh,

Applications will be processed in the order of receipt of signed learning agreements.


It is recommendable that you have an affinity with finance and accounting, master the English language sufficiently, and possess the ambition to work and learn within an international context. 

Admission advice:
- Command of the English language at CEF level B2.
- Working knowledge of 1. the three main financial statements (income statement, balance sheet, statement of cash flows), 2. financial ratio analysis (i.e. liquidity, asset management, profitability, valuation), 3. time value of money (discounting and compounding), and 4. capital budgeting (i.e. net present value and internal rate of return).

When in doubt, feel free to e-mail the contact person for this minor.

The maximum number of students in semester 1 is 90, including external students.
The maximum number of students in semester 2 is 60, including external students.


Module titles: - International Financial Accounting - Financial Risk Management - Management Control - Accounting and Control in ERP - Investment Analysis - Behavioural Finance   Each module represents 5 ECs. Each module will be tested via a project (assessment) and/or via a central written test.  

If a student fails to successfully complete the minor in the period in which she took the minor it is possible to finalize the minor in a following period in which the minor is given.

If a minor is no longer offered or in case the minor is rewritten, the degree programme will offer students a further two opportunities to finalize this minor in the following year.


​A literature overview will be provided well in advance of the semester.


​The minor is based on 18 contact hours per week. Each module hosts one session of 150 minutes (i.e. 3 hours). Although no guarantees can be given, it is attempted to schedule these 18 weekly contact hours on three lecture days.