Econometrics and Operations Research, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • 13400
    Tuition (Year)
    1984
    Tuition (Year)
  • English
    Language
This master's programme in Econometrics and Operations Research from Vrije Universiteit 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’.
  • Overview
  • Programme outline
  • Key facts
  • Admission requirements
  • Fees and funding

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.

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.

Accreditation

All degree programmes of VU 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.

Programme Structure

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

Detailed Programme Facts

    • Starting in

        Apply until:

      • International

      • EEA

      Dates reflect the university's timezone.

  • Credits (ECTS)
    60 ECTS
  • Duration full-time 12 months
  • Languages
    • English
  • Delivery mode
    On Campus
  • Educational variant Full-time
  • More information Go To The Course Website

Academic 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.

Tuition Fee Per Year

  • EUR 13400 International
  • EUR 1984 EEA
The Global Study Awards: Expand Your Horizons

The award recognises studying abroad as a positively life changing experience for many students as well as promoting intercultural understanding and tolerance. Successful candidates will receive up to £10,000 to be applied toward the cost of tuition fees.

Funding

Scholarships / Grants:

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

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

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

:
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

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