M.Sc. Econometrics and Operations Research

  • On Campus
  • 12 months
  • EUR13400 per Year (International

    Tuition fee for the international students.

    )
    EUR1984 per Year (EEA

    European Economic Area tuition fee is applicable to the students from EU countries, Iceland, Liechtenstein, Norway and Switzerland.

    )
  • English ( Take IELTS test or Find a course )
| Amsterdam, Netherlands
This master's programme in Econometrics and Operations Research from VU University Amsterdam is taught in English and takes one year. Throughout the programme, you follow several courses in the field of econometrics, logistics and game theory. At the beginning of the programme you can make a choice for a specialization, which is optional. There are two areas of specialization, namely ‘Econometrics and Mathematical Economics’ and ‘Operations Research and Business Econometrics’.

Description

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The Master's programme in Econometrics and Operations Research from VU University 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.

The master's programme takes one year.

At the beginning of the programme, students can make a choice for a specialization. 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. The two areas of specialization are:

Econometrics and Mathematical Economics: this stream focuses on econometric methods and techniques within finance and economics.

Operations Research and Business Econometrics: this stream is geared towards optimizing operational business processes.

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.

Detailed Course Facts

Start dates and application deadlines

Starting in

    Apply until:
  • ( International

    Deadline applies if you do not have the same nationality as the university.

    )
  • ( EEA

    Deadline applies if your country of nationality is in the EEA (European Economic Area)

    )

Dates reflect the university's timezone.

Tuition fee
  • EUR13400 per year ( International

    Tuition fee for the international students.

    )
  • EUR1984 per year ( EEA

    European Economic Area tuition fee is applicable to the students from EU countries, Iceland, Liechtenstein, Norway and Switzerland.

    )
Credits (ECTS) 60 ECTS
Duration full-time 12 months
Delivery mode On Campus
Educational variant Full-time

Course Content

Specializations:
  • Econometrics and Mathematical Economics
  • Operations Research and Business Econometrics

Requirements

  • Students with a Bachelor's degree that provides a thorough knowledge in mathematics and statistics (such as Econometrics, Mathematics, Management Science, Operations Research, Computer Science, Physics, Industrial Engineering, Electrical Engineering, Quantitative Economics) should have passed courses on Linear Algebra, Mathematical Analysis, Probability Theory and Statistics at the level mentioned on the prerequisites page of the faculty's website (Masterprogrammes>Econometrics>entry requirements).
  • Furthermore, the candidate should have sufficient knowledge of the specific topics of the selected subprogramme Econometrics or Operations Research respectively. The required level is indicated by the listed books on the prerequisites page. In case of deficiencies it is your responsibility to acquire this knowledge, a possibility being to follow the relevant core courses from the Bachelor Econometrics and Operations Research before commencing the master's programme.
  • Experience in programming in C/C++, Java, Matlab, Ox, Python or a similar computer language.
  • An excellent command of English. If English is not the student's native language, there are two acceptable ways to demonstrate English proficiency:
  • 1. hold a degree from an institution at which English is the language of instruction
  • 2. score of at least 580 on the TOEFL (Test of English as a Foreign Language) test (237 on the computer-based test) (with a TWE score of 4.5), or an average of 6.5 on the IELTS (International English Language Testing System) test.

International students should consider taking a Pre-Master to gain access to universities in Netherlands when:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Masters

Work Experience

No work experience is required.

More Information

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.

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VU Amsterdam

Amsterdam, Netherlands

Netherlands VU University Amsterdam is an internationally renowned university located in the vibrant city of Amsterdam, the Netherlands. Amsterdam is one of the most multi-cultural cities in the world, boasting 179 different nationalities. It is also the city with the largest concentration of students in the Netherlands and English is widely spoken. At VU University Amsterdam some 78 nationalities work and study closely together, creating an international and dynamic academic community.