Team players with a strong head for figures and an ambition to work in an international business environment flourish on the International Financial Management and Control programme. Increasing competition, tighter budgets and more risk management means financial and business controllers are in high demand. Students put theory into practice on a six-month work placement, working for an international company in the Netherlands or abroad.
The emphasis of the programme lies on the disciplines listed below. In a nutshell you’ll learn all about bookkeeping, compiling annual reports, and setting up and structuring management information systems. You’ll also learn how to draw up and assess a business plan and how to set up, structure and monitor a company’s administrative organisation. Information Technology skills are firmly integrated in the business-economics subjects and you will make intensive use of the SAP system.
This discipline will teach you how to document financial data in such a way that you’ll be able to draw up an annual report in accordance with the correct standards. This competence will be essential if you are to provide advice at the highest level and, given the current market conditions, it is now more important than ever. To rule out financial anomalies new legislation even requires that you are adequately “in control”.
Management accounting will teach you how to steer an enterprise on the basis of its financial figures. If you need to make a business decision, for example, you’ll need certain information and the skills to manage it.
Accounting Information Systems and Control
The third discipline relates to the management of business processes and the registration of data. Information systems play a crucial role in this area.
English language skills
Since our international Bachelor programmes are taught entirely in English, you will need a good command of the English language, both spoken and written. Bachelor candidates who were educated in the Netherlands, United Kingdom, Ireland, United States, Canada (except for Quebec!), Australia, New-Zealand, South Africa or Malta, or students holding a diploma (including English as an exam subject) stated on this diploma list, need not take an English proficiency test. All other prospective students are required to hand in a valid and sufficient TOEFL (Test of English as a Foreign Language), TOEIC, IELTS (International English Language Testing System) or Cambridge ESOL (CAE/CPE) certificate to the Enrolment Centre.
The International Financial Management and Control programme is fairly broad in its scope, which means as a graduate business economist you’ll have plenty of job opportunities. There is a diversity of positions that will match your newly broadened career profile. You could get a job in the financial administrative department at a medium-sized company as the head of the bookkeeping department, for example, or as a (project) controller, financial advisor or risk manager. A place on a team in a multinational company is also a distinct possibility.
As a controller or risk manager, you will be part of a growing group of professionals. With all your newly acquired skills you could get a job in any business-economic discipline. The most obvious positions for IFMC graduates are business controller, project controller and risk manager. Typically, you can expect to start as a financial business analyst, assistant controller or junior financial advisor.
As a controller or risk manager you’ll understand the workings of an organisation’s processes and you’ll be able to translate these into financial/operational data and performance indicators. You’ll also be able to identify a company’s strengths and weaknesses and use all the information at your disposal to propose improvements.
As an IFMC graduate you’ll be ideally qualified to work for mainly internationally active small and mid-sized companies, large corporations and multinationals, both in the Netherlands and abroad. You could also, however, find a position in the civil service, such as at the Ministry of Finance.
It goes without saying that the IFMC programme will also set you up for a position in sales, marketing or strategy. A career as a management consultant is also possible.