M.Sc. Econometrics and Operations Research
VU University Amsterdam
| Application deadline: | 1 April |
| Tuition fee: |
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| Start date: | September 2013 |
| Credits: | 60 ECTS |
| Duration full-time: | 12 months |
| Languages: |
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| Location: |
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| Delivery mode: | On Campus |
| Educational variant: | Full-time |
Description
Econometrics and Operations Research is a fascinating scientific discipline which develops quantitative resources and applies them to the analysis of economic problems in their broadest sense. You are prepared for a professional career in which Mathematics, Statistics and ICT are applied for the quantitative analysis of many kinds of problems, either from the world of business, finance, economics or of a more general nature. The programme is divided into two specializations: Econometrics and Mathematical Economics, and Operations Research and Business Econometrics. These are usually referred to simply as Econometrics and Operations Research, respectively. Econometricians find employment in the national policy research departments at planning agencies and government ministries, at financial institutions such as banks and insurance companies and at business consultancy firms. Operations Researchers can be found in a range of industries, such as logistics, innovative software development, transport and distribution, manufacturing and consultancy. You can also apply to study for a PhD in Econometrics, Operations Research, Quantitative Economics, Finance or Applied Mathematics.
Contents
The Master's programme in Econometrics and Operations Research is an academic programme focusing on the development and application of quantitative methods for analysing economic issues in a broad sense. At the beginning of the programme, students can make a choice for a specialization. There are two areas of specialization: Econometrics and Mathematical Economics and Operations Research and Business Econometrics. However, it is not mandatory to specialize; it is possible to combine courses from either specialization to allow students to pursue their own interests. In that case, no specialization will be mentioned on the degree. For detailed description of the three variants, read the full programme description.
The components of the Master's programme correspond closely with the department's research interests, which means that many of the latest scientific developments in areas like financial econometrics, logistics and game theory find their way directly into the teaching programme. Students also benefit from having the opportunity to study in small groups and work closely with the academic staff. Check out the Study Guide for more information on de courses.
For talented and ambitious students the masters programme offers an extra opportunity to distinguish themselves with the MSc Honours Programme Operations Research. This Honours Programme allows masters students to broaden and deepen their knowledge on state-of-the-art operations research techniques. Read more >>
Requirements
There are strict admission criteria. These are set by the Admissions Board, which also decides on individual applications. The requirements are split up into Master specific requirements and general requirements (faculty website). Please read them both carefully.
VU University Amsterdam requires all applicants to take an English test and to submit their score as a part of the application. In order for you to be admitted unconditionally you must send us a certificate from a recognised authority concerning your proficiency in English including the writing/composition test (e.g. TOEFL, IELTS, Cambridge International Examinations CAE: A/B or CPE: A/B/C). Check out the specific Language Requirements as well.
English Language Requirements
| IELTS band: | 6.5 |
| CAE score: | 75(Grade B) |
| TOEFL paper-based test score: | 580 |
| TOEFL computer-based test score: | 237 |
| TOEFL internet-based test score: | 92 |
Funding
Scholarships / Grants:
Neso Indonesia:
StuNed Scholarships for Master studies, short courses and customized training programmes are available for Indonesian professionals with at least two years work experience in a development-related organization.
For additional information: Website
Nuffic:
The Orange Tulip Scholarship Programme supports promising Taiwanese graduates and young professionals intending to pursue postgraduate degree programmes at a Dutch higher education institution.
For additional information: Website
VU University Amsterdam:
VU University Amsterdam awards its own scholarships to outstanding students joining our international Master's degree programmes. The VU Fellowship is an amount of money between 2.500 and 15.000 Euros to cover a part of the study expenses. The general criteria for selection are excellence, motivatio
For additional information: Website
Accreditation
All degree programmes of VU University Amsterdam are accredited by NVAO. If the procedure for accreditation of a programme not yet is completed, this is indicated in the description of te programme. NVAO (Nederlands-Vlaamse Accreditatieorganisatie) is the Accreditation Organisation of The Netherlands and Flanders. NVAO is entrusted by law to accredit all existing bachelors and masters degree courses and to validate new study programmes at government-funded higher education institutions as well as
institutions approved (but not funded) by the Dutch government.
You are normally required to take an English Proficiency Test if you come from a non-English speaking country.
Most European Universities recognise the IELTS test.
More information on IELTSContact
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