Econometrics and Operations Research, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • Tuition
    14600
    Tuition (Year)
    2060
    Tuition (Year)
  • English (take IELTS)
    Language
University rank #101 ,
The master's programme in Econometrics and OperationsResearch at the VU Campus offers you an opportunity todevelop your quantitative skills for their use in Finance, Marketing, Economics and Business. Econometrics and Operations Research opens a window to a complicated world that provides insights on which people, businesses and governments base their decisions.

About

The Master's programme in Econometrics and Operations Research from VU Amsterdam is an academic programme focusing on the development and application of quantitative methods for analysing economic issues in a broad sense. 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.

Career prospects

Holding a Master’s degree in Econometrics and Operations Research will give you excellent prospects for employment. You will be able to choose from career opportunities that are both exciting and varied. 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, including logistics, innovative software development, transport and distribution, manufacturing and consultancy.

Rather than taking up a career in industry, you might wish to indulge your academic ambitions further by applying to study for a PhD in Econometrics, Operations Research, Quantitative Economics, Finance or Applied Mathematics.

Accreditation


Programme Structure

Econometrics is the science and art of using statistical methods to analyze financial, marketing and economic data,often Big Data. Operations Research is the science and art ofmaking better decisions in economics, management and financeusing mathematical methods. The curriculum features many of the latest developments in these areas. The programme offers the specializations:
  • Operations Research Theory
  • Supply Chain Management
  • Financial Engineering
  • Econometric Theory
  • Financial Econometrics
  • Marketing Data Science
  • Quantitative Economics. 
You will choose a specialization at the beginning of the programme.

Detailed Programme Facts

  • More details:

    The general application deadlines are 1st of April for non-EU students and 1st ofJune for EU students. Make sure you check the programme's webpage.

  • Full-time duration 12 months
  • Study intensity Full-time
  • Credits
    60 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score: 6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test
  • Minimum required score (Grade B): 193

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score: 580

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score: 92

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

To be admitted you must possess at least an accredited Bachelor’s degree (equivalent to a Dutch university Bachelor’sdegree), including elementary courses in calculus, linear algebra, statistics, probability theory, mathematical economics and a programming language such as C/C++, JAVA, Matlab, Python and/orOx. Additionally, you have passed advanced courses in econometrics and/or operations research, depending on the specialization you choose.

Tuition Fee Per Year

  • EUR 14600 International
  • EUR 2060 EU/EEA

Funding

With our own scholarship, the VU Fellowship Programme (VUFP), we offer highly motivated students with excellent study results the unique oppurtunity to pursue a Master’s degree with financial support provided by the university. The Holland Scholarship Programme (HSP) is meant for students from outside the European Economic Area (EEA). VU Amsterdam embraces diversity as an enrichment to our teaching, research and our contribution to society. As an international student planning to study at VU  Amsterdam, you can apply for a variety of grants and bursaries. Detailed information about scholarships and deadlines can be found on WWW.VU.NL/SCHOLARSHIPS OR WWW.GRANTFINDER.NL.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.