His research focuses on finance and its governance and the political economy of macroeconomic indicators. In the EU-funded GR:EEN project on Europe's role in the world (2011-2015) he leads the work on finance. In 2009 his dissertation was awarded the Jean Blondel prize for best European political science thesis of the year. Mügge was a visiting scholar at Harvard's Center for European Studies in 2012 and is co-editor of the Review for International Political Economy.