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Quantitative Analyses for today and tomorrow

Advance yourself in a field that is constantly developing

Are you interested in taking your quantitative skills to the next level? Do you want to be part of a small but thriving (international) community? And do you want to get a head-start on the job market with one of our broad specializations to choose from?

Then Master’s in Econometrics and Operations and Research is the programme for you!

Admission Requirements for Econometrics tracks

  • I have a School of Business and Economics Degree from VU Amsterdam

    We welcome motivated and ambitious students who are interested in advancing their knowledge in Econometrics  and related subjects, and are aware of their role in society. In order to be successful in this programme you will need a solid basis in mathematics, statistics and econometrics. In particular we expect that you have passed courses in mathematics (calculus, analysis), probability, mathematical statistics, and econometrics. A basic knowledge in computer programming is also required.

    Admission requirements

    Students with a Bachelor's degree in Econometrics and Operations Research, Economics and Business Economics or (International) Business Administration from Vrije Universiteit Amsterdam School of Business and Economics, you are admissible to the track Econometrics of the Master Econometrics and Operations Research, and its specializations Climate Econometrics, Econometric Theory, Financial Econometrics, Empirical Marketing, and Quantitative Economics, provided that you successfully meet the requirements in this document

    Services for international (EBE, EOR, IBA) students / Residence permit:

    If you are planning to continue your studies at Vrije Universiteit Amsterdam after your SBE Bachelor, please contact the Central Admission’s Support Team of Vrije Universiteit Amsterdam for further information and specific questions about the offered services for international students like extending your residence permit. You will need to apply for extension of your residence permit if you continue your studies at Vrije Universiteit Amsterdam.

  • I have a Dutch university level (WO) bachelor’s degree (VU bachelor's degree, VU pre-master's or bachelor's degree at another university)

    We welcome motivated and ambitious students who are interested in advancing their knowledge in Econometrics and related subjects, and are aware of their role in society. In order to be successful in this programme you will need a solid basis in mathematics, statistics and econometrics. In particular we expect that you have passed courses in mathematics (calculus, analysis), probability, mathematical statistics, and econometrics. A basic knowledge in computer programming is also required.

    Admission requirements
    The track Econometrics of the Master programme Econometrics and Operations Research, with specializations Climate Econometrics, Econometric Theory, Financial Econometrics, Empirical Marketing, and Quantitative Economics, is open to students with a university Bachelor's degree that provides a thorough knowledge in mathematics (analysis, calculus), probability, (mathematical) statistics, econometrics and computer programming. You need to have successfully completed courses and studied literature related to the core of this programme, which is based on the following books.

    Mathematics:

    • Calculus Early Transcendentals, James Stewart, Cengage Learning, International Metric Edition - 7th Edition, 2011.
    • Linear Algebra and its Applications, David C. Lay, Steven R. Lay and Judi J. McDonald, Pearson Education, 5th Edition, 2016.

    Probability:

    • A First Course in Probability, Seldon M. Ross, Pearson Education, 9th Edition, 2013.
    • Fundamentals of Probability, with stochastic processes, Saeed Ghahramani, CRC Press, Taylor and Francis Group, 3rd Edition, 2016.

    Mathematical Statistics:

    • Statistical Inference, George Casella and Roger L. Berger, Cengage Learning, 2008.

    Introductory Econometrics

    • Introduction to Econometrics, James H. Stock and Mark W. Watson, Pearson Education, 3rd Edition, 2014.
    • Introductory Econometrics: A Modern Approach, Jeffrey M. Wooldridge, Cengage Learning, 2013.  

    Intermediate Econometrics

    • A Guide To Modern Econometrics, Marco Verbeek, Wiley, 5th Edition, 2017.

    Basic skills in Computer Programming in Python, R, Matlab, Ox or Java.

    In most cases, approval is given to students who have completed:

    • a Bachelor's programme in Econometrics and Operations Research at a Dutch university
    • the VU SBE deficiency programme Econometrics
    • the VU SBE Minor ‘Applied Econometrics: A Big Data Experience for All’, completed with:
      1. an average of 7.5* or higher in period 1 (that is for Introductory Econometrics and Introduction to Time Series); 
      2. an overall average of 7.5* or higher
      3. one additional econometrics course; choice between Financial Econometrics (E_EOR3_FTR) or Econometrics III (E_EOR3_TR3)

    * If you complete the courses of period 1 or the whole minor with a GPA below 7.5, you’ll have to complete two additional econometrics courses: Econometrics II (E_EOR2_TR2) AND Financial Econometrics (E_EOR3_FTR) or Econometrics III (E_EOR3_TR3)

    With a Bachelor's degree in (International) Business Administration, Economics or Econometrics and Operations Research from Dutch Universities you can review this document. Any additional admission requirements can be found on the Curriculum page of this website.

    Please note: this information is only meant as an indication of your admissibility. No rights can be derived from this table. This document is based on the obligatory courses and does not take electives into account. Students are recommended to apply for the Master via Studielink (without obligation) to find out if additional courses need to be completed. Every application will be reviewed individually by the Admission Board. The final admission decision may differ from the indication in this table. If your programme is not listed but contains enough relevant courses, please feel free to apply.

  • I have a Dutch higher vocational education (HBO) bachelor’s degree

    We welcome motivated and ambitious HBO students who have completed a quantitative HBO Bachelor study programme successfully and are interested in obtaining and advancing knowledge in Econometrics and related subjects, and are aware of their role in society. In order to be successful in the Master programme Econometrics, you will need a solid basis in mathematics, statistics and econometrics. In particular we expect that you have passed courses in mathematics (calculus, analysis, algebra), probability, statistics, and econometrics. A basic knowledge in computer programming is also highly recommended.

    If you have a Dutch higher vocational (HBO) degree you need to enroll in a transfer programme, which is specifically designed to bridge the gap between higher vocational education and university-level education. 

    How to apply

    Step 1:
    Apply for the programme MSc Econometrics and Operations Research via Studielink before 1 June. You can apply for the specialization in your VU Dashboard (see step 2)

    Step 2:
    After application in Studielink you will receive a VUnet-ID and password. Please complete your application in your VU Dashboard by answering additional questions, like which track you want to do, and uploading a formal transcript of your HBO bachelor grades (please note: we can only process your application when your transcript has been uploaded).

    Step 3:
    The admission committee will assess your application and decide whether you are admissible. You will be informed about this decision via email.

    For the full description of the registration procedure see the VU website.

  • Application procedure with a Dutch degree

    Applying with a School of Business and Economics degree

    To enroll in the programme submit your enrolment application via Studielink. Please note: in Studielink you can apply for the Master in Econometrics and Operations Research and in your VU dashboard you can select your specialization Econometrics.

    Step 1:

    Apply for the programme MSc Econometrics and Operations Research via Studielink before 1 June. You can apply for the specialization in your VU Dashboard (see step 2)

    Step 2:

    Please complete your application in your VU Dashboard by answering additional questions, affirming  your choice for the specialization Econometrics and uploading the following document:

    •    a formal transcript of your bachelor grades. Your transcript must include an average score (GPA).

    Please note: we can only process your application when your choice of specialization is clear and you uploaded your transcript.

    More information regarding registration WO-bachelors, see the VU website.

    Applying with a Dutch university level (WO) bachelor’s degree (VU bachelor's degree, VU pre-master's or bachelor's degree at another university)

    To enroll in the programme submit your enrolment application via Studielink. Please note: in Studielink you can apply for the Master in Econometrics and Operations Research and in your VU dashboard you can select your specialization Econometrics.

    Step 1:

    Apply for the programme MSc Econometrics and Operations Research via Studielink before 1 June. You can register for the specialization Econometrics in your VU Dashboard (see step 2) 

    Step 2:

    After application in studielink you will receive a VUnet-ID and password. Please complete your application in your VU Dashboard by answering additional questions, affirming  your choice for the specialization Econometrics and uploading the following document:

    • a formal transcript of your bachelor grades. Your transcript must include an average score (GPA).

    Please note: we can only process your application when your choice of specialization is clear and you uploaded your transcript. 
     
    Step 3:
    The admission committee will assess if you meet the admission criteria and will inform you about the decision via email.

    For the full description of the registration procedure see the VU website.

  • I have an international degree

    Admission requirements

    We welcome motivated and ambitious students who are interested in advancing their knowledge in Econometrics and related subjects, and are aware of their role in society. In order to be successful in this programme you will need a solid basis in mathematics, statistics and econometrics. In particular we expect that you have passed courses in mathematics (calculus, analysis), probability, mathematical statistics, and econometrics. A basic knowledge in computer programming is also required.

    The track Econometrics of the Master's programme Econometrics and Operations Research, with specializations Climate Econometrics, Econometric Theory, Financial Econometrics, Empirical Marketing, and Quantitative Economics, is open to students with a university Bachelor's degree that provides a thorough knowledge in mathematics (analysis, calculus), probability, (mathematical) statistics, econometrics and computer programming. You need to have successfully completed courses and studied literature related to the core of this programme, which is based on the following books.

    Mathematics - Calculus Early Transcendentals, James Stewart, Cengage Learning, International Metric Edition - 7th Edition, 2011
    and Linear Algebra and its Applications, David C. Lay, Steven R. Lay and Judi J. McDonald, Pearson Education, 5th Edition, 2016.

    Probability - A First Course in Probability, Seldon M. Ross, Pearson Education, 9th Edition, 2013
    and Fundamentals of Probability, with stochastic processes, Saeed Ghahramani, CRC Press, Taylor and Francis Group, 3rd Edition, 2016.

    Mathematical Statistics - Statistical Inference, George Casella and Roger L. Berger, Cengage Learning, 2008.

    Introductory Econometrics - Introduction to Econometrics, James H. Stock and Mark W. Watson, Pearson Education, 3rd Edition, 2014
    and Introductory Econometrics: A Modern Approach, Jeffrey M. Wooldridge, Cengage Learning, 2013.

    Intermediate Econometrics - A Guide To Modern Econometrics, Marco Verbeek, Wiley, 5th Edition, 2017
    and Basic skills in Computer Programming in Python, R, Matlab, Ox or Java.

    If you can show certified exam results for courses that are related to the subjects and are of a comparable level (each course with a workload of 6 EC or close to it), this is satisfactory. The equivalence will be evaluated by the Examination Board and its approval determines the admission.

    English language requirements

    The admission board wants to stress the intensity of the programme: reading scientific articles and writing papers will be a key part, all in a very high pace. Your English language skills, both oral and written, are extremely important in this programme. As you will have to communicate frequently with your fellow students and you will be working with and for international companies.

    If you are applying for one of our English-taught Master's degree programmes you will have to demonstrate sufficient English language proficiency by submitting English test results.  

    Although complete applications are preferred, you can begin your application before you have completed the test and then submit your passing score once you have been conditionally admitted. 

    You can find an overview of all accepted tests and scores that can be used to demonstrate your English language proficiency on the language requirement page.

  • Application procedure with an international degree

    Application documents

    To apply you are required to provide the following documents:

    • Scan of your passport or national ID card (ID for EEA students only) valid at the start date of the programme
    • Master Application File please download the correct file from this page. In this file you can see which documents are required to apply for your programme.
    • Proof of English language proficiency (if already obtained): upload your proof of English language proficiency or English language test results. Please find the English language requirements here.

    After having prepared the required documents, please follow the online application procedure

    To enroll in the programme submit your enrolment application via Studielink. Please note: in Studielink you can apply for the Master in Econometrics and Operations Research and in your VU dashboard you can select your specialization Econometrics.

    Application fee & deadlines

    All students seeking admission to an international Master’s programme with an international degree are required to pay a non-refundable €100 application fee. Only after you have paid this fee will we be able to start the evaluation of your application file. If you are applying for more than one programme, you will only need to pay the application fee once. Your application fee payment is valid for two years.

    Information on how to apply with an international university degree and deadlines can be found here

    Grants and scholarships

    As an international student planning to study at Vrije Universiteit 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.

    International Student and Alumni Ambassadors 

    Our International Student and Alumni Ambassadors are happy to tell you all about their experiences with studying at VU Amsterdam and living in Amsterdam.

    • Our Student Ambassadors are current students at VU Amsterdam that represent a wide variety of programmes and countries.
    • Our International Alumni Ambassadors are VU Amsterdam graduates who are currently either working in the Netherlands or abroad, or doing a PhD or (second) Master's.

    You will find the full overview of our Ambassadors here: vu.nl/ambassadors. There you can chat with them directly.

Admission Requirements for Operations Research Tracks

  • I have a School of Business and Economics degree from VU Amsterdam

    We welcome any student with a great interest in solving optimization problems in the field of Supply Chain Management, Financial Engineering, Data Science, or any other field where mathematical optimization plays a key role in making decisions. Besides being extremely motivated, students should satisfy the admission requirements listed here.

    Admission requirements

    With a Bachelor's degree in Econometrics and Operations Research, Economics and Business Economics or (International) Business Administration from Vrije Universiteit Amsterdam you are admissible provided you successfully meet the requirements in this document

    Services for international (EBE, EOR, IBA) students / Residence permit:

    If you are planning to continue your studies at Vrije Universiteit Amsterdam after your SBE Bachelor, please contact the Central Admission’s Support Team of Vrije Universiteit Amsterdam for further information and specific questions about the offered services for international students like extending your residence permit. You will need to apply for extension of your residence permit if you continue your studies at Vrije Universiteit Amsterdam.

  • I have a Dutch university level (WO) bachelor’s degree (VU bachelor's degree, VU pre-master's or bachelor's degree at another university)

    We welcome any student with a great interest in solving optimization problems in the field of Supply Chain Management, Financial Engineering, Data Science, or any other field where mathematical optimization plays a key role in making decisions. Besides being extremely motivated, students should satisfy the admission requirements listed here.

    Admission requirements
    The master programme  Econometrics and Operations Research, track Operations Research, is open to students with a university Bachelor's degree that provides a thorough knowledge in mathematics. Additionally, you need to have successfully completed courses and studied literature related to the core of this program, consisting of (or equivalents of):

    •   Stochastic modelling
        - S.M. Ross, Introduction to Probability Models , Academic Press, 2009

    •  Operations research and deterministic optimization
        - H.A. Taha, Operations Research: An Introduction , Prentice Hall, 2010, Chapter 1-12 or
        - F.S. Hillier and G.J. Lieberman, Introduction to Operations Research , McGraw-Hill, 2005 (8-th ed.).
          Chapters 1-12

    Besides these core courses, the requirements of admission are that the applicant has followed courses in Linear Algebra, Probability Theory, Analysis and Statistics at the level of our Bachelor EOR. The levels of these courses are indicated by the following books:

    •  Linear Algebra:
        - D.C. Lay, Linear Algebra and Its Applications, Addison-Wesley, 2013
    •  Probability Theory:
        - S.M. Ross, A First Course in Probability, Pearson, 2013
    •  Analysis:
        - J.M. Howie, Real Analysis, Springer, 2001
    •  Statistics:
        - J.A. Rice, Mathematical Statistics and Data Analysis, Duxbury Press, 2006  or G. Casella and R.L. Berger, Statistical Inference, Cengage Learning, 2008

    Furthermore, it is important that students have experience with optimization and numerical programming in, for example, Python, R, Matlab, Java or C/C++. If you can show certified exam results for courses in operations research and mathematics as listed above you are admissible for the master. The equivalence will be evaluated by the Admission Board.

    For more informatin about these course requirements contact Dr. R.A. Sitters: r.a.sitters@vu.nl.

    With a Bachelor's degree in (International) Business Administration, Economics or Econometrics and Operations Research from Dutch Universities you can review this document. Any additional admission requirements can be found on the Curriculum page of this website.

    Please note: this information is only meant as an indication of your admissibility. No rights can be derived from this table. Every application will be reviewed individually by the Admission Board. The final admission decision may differ from the indication in this table. If your programme is not listed but contains enough relevant courses, please feel free to apply.

    Approval is in most cases given to students who:

    • Hold a Bachelor’s degree in Econometrics and Operations Research.
    • Hold a Bachelor's degree that provides a thorough knowledge in mathematics and statistics (such as Mathematics, Econometrics, Operations Research, Business Analytics, Management Science,  Computer Science, Physics, Industrial Engineering) and who completed courses in Operations Research as listed above.
  • I have a Dutch higher vocational education (HBO) bachelor’s degree (pre-master's)

    We welcome any student with a great interest in solving optimization problems in the field of Supply Chain Management, Financial Engineering, Data Science, or any other field where mathematical optimization plays a key role in making decisions. Besides being extremely motivated, students should satisfy the admission requirements listed here.

    If you have a Dutch higher vocational (HBO) degree you need to enroll in a transfer programme, which is specifically designed to bridge the gap between higher vocational education and university-level education. The transfer programme consists of courses in the fields of: 

    •    Linear Algebra

    •    Probability Theory

    •    Mathematical Analysis

    •    Statistics.

    •    Programming

    Additionally, the transfer programme contains courses in:

    •    Stochastic Operations Research and

    •    Deterministc Operations research

    If you already completed courses in these fields that are at the level of our EOR bachelor and that cover the required subjects, then it is possible to follow a reduced program. The equivalence will be evaluated by the Admission Board.

    If you want to apply for the transfer programme you can send a transcript of your grades to toelating.sbe@vu.nl

  • Application procedure with a Dutch degree

    Applying with a School of Business and Economics degree

    To enroll in the programme submit your enrolment application via Studielink. Please note: in Studielink you can apply for the Master in Econometrics and Operations Research and in your VU dashboard you can select your specialization Operations Research.

    Step 1:

    Apply for the programme MSc Econometrics and Operations Research via Studielink before 1 June. You can apply for the specialization in your VU dashboard (see step 2)

    Step 2:

    Please complete your application in your VU dashboard by answering additional questions, affirming  your choice for the specialization Operations Research and uploading the following document:

    •    a formal transcript of your bachelor grades. Your transcript must include an average score (GPA).

    Please note: we can only process your application when your choice of specialization is clear and you uploaded your transcript.

    More information regarding registration WO-bachelors, see the VU website.

    Applying with a Dutch university level (WO) bachelor’s degree (VU bachelor's degree, VU pre-master's or bachelor's degree at another university)

    To enroll in the programme submit your enrolment application via Studielink. Please note: in Studielink you can apply for the Master in Econometrics and Operations Research and in your VU dashboard you can select your specialization Operations Research.

    Step 1:

    Apply for the programme MSc Econometrics and Operations Research via Studielink before 1 June. You can register for the specialization Operations Research in your VU dashboard (see step 2) 

    Step 2:

    After application in Studielink you will receive a VUnet-ID and password. Please complete your application in your VU dashboard by answering additional questions, affirming  your choice for the specialization Operations Research and uploading the following document:

    •    a formal transcript of your bachelor grades. Your transcript must include an average score (GPA).

    Please note: we can only process your application when your choice of specialization is clear and you uploaded your transcript. 

     

    Step 3:

    The admission committee will assess if you meet the admission criteria and will inform you about the decision via email.

    For the full description of the registration procedure see the VU website.

  • I have an international degree

    Admission requirements

    We welcome any student with a great interest in solving optimization problems in the field of Supply Chain Management, Financial Engineering, Data Science, or any other field where mathematical optimization plays a key role in making decisions. Besides being extremely motivated, students should satisfy the admission requirements listed here.


    The Master's programme  Econometrics and Operations Research, track Operations Research,  is open to students with a university Bachelor's degree that provides a thorough knowledge in mathematics. Additionally, you need to have successfully completed courses and studied literature related to the core of this program, consisting of (or equivalents of):

    • Stochastic modelling - S.M. Ross, Introduction to Probability Models , Academic Press, 2009
    • Operations research and deterministic optimization - H.A. Taha, Operations Research: An Introduction , Prentice Hall, 2010, Chapter 1-12
      or F.S. Hillier and G.J. Lieberman, Introduction to Operations Research , McGraw-Hill, 2005 (8-th ed.). Chapters 1-12

    Besides these core courses, the requirements of admission are that the applicant has followed courses in Linear Algebra, Probability Theory, Analysis and Statistics at the level of our Bachelor EOR. The levels of these courses are indicated by the following books:

    • Linear Algebra - D.C. Lay, Linear Algebra and Its Applications, Addison-Wesley, 2013
    • Probability Theory - S.M. Ross, A First Course in Probability, Pearson, 2013
    • Analysis - J.M. Howie, Real Analysis, Springer, 2001
    • Statistics - J.A. Rice, Mathematical Statistics and Data Analysis, Duxbury Press, 2006  or G. Casella and R.L. Berger, Statistical Inference, Cengage Learning, 2008

    Furthermore, it is important that students have experience with optimization and numerical programming in, for example, Python, R, Matlab, Java or C/C++. If you can show certified exam results for courses in operations research and mathematics as listed above you are admissible for the master. The equivalence will be evaluated by the Admission Board.

    For more information about these course requirements contact Dr. R.A. Sitters: r.a.sitters@vu.nl.

    English language requirements

    The admission board wants to stress the intensity of the programme: reading scientific articles and writing papers will be a key part, all in a very high pace. Your English language skills, both oral and written, are extremely important in this programme. As you will have to communicate frequently with your fellow students and you will be working with and for international companies.

    If you are applying for one of our English-taught Master's degree programmes you will have to demonstrate sufficient English language proficiency by submitting English test results.  

    Although complete applications are preferred, you can begin your application before you have completed the test and then submit your passing score once you have been conditionally admitted. 

    You can find which test types and scores are accepted, the deadlines for submitting test results and all other relevant information on our application page under the Language Proficiency Requirements tab. 

  • Application procedure with an international degree

    Application documents

    To apply you are required to provide the following documents:

    • Scan of your passport or national ID card (ID for EEA students only) valid at the start date of the programme
    • Master Application File please download the correct file from this page. In this file you can see which documents are required to apply for your programme.
    • Proof of English language proficiency (if already obtained): upload your proof of English language proficiency or English language test results. Please find the English language requirements here.

    After having prepared the required documents, please follow the online application procedure

    To enroll in the programme submit your enrolment application via Studielink. Please note: in Studielink you can apply for the Master in Econometrics and Operations Research and in your VU dashboard you can select your specialization Econometrics.

    Application fee & deadlines

    All students seeking admission to an international Master’s programme with an international degree are required to pay a non-refundable €100 application fee. Only after you have paid this fee will we be able to start the evaluation of your application file. If you are applying for more than one programme, you will only need to pay the application fee once. Your application fee payment is valid for two years.

    Information on how to apply with an international university degree and deadlines can be found here

    Grants and scholarships

    As an international student planning to study at Vrije Universiteit 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.

    International Student and Alumni Ambassadors 

    Our International Student and Alumni Ambassadors are happy to tell you all about their experiences with studying at VU Amsterdam and living in Amsterdam.

    • Our Student Ambassadors are current students at VU Amsterdam that represent a wide variety of programmes and countries.
    • Our International Alumni Ambassadors are VU Amsterdam graduates who are currently either working in the Netherlands or abroad, or doing a PhD or (second) Master's.

    You will find the full overview of our Ambassadors here: vu.nl/ambassadors. There you can chat with them directly.

Want to know more?

Don't hesitate to contact us!

For questions about the programme content of the Econometrics track, please contact coordination.eor.sbe@vu.nl. For questions about the programme content of the Operations Research track, please contact director.eor.sbe@vu.nl. For more general questions, please send an e-mail to Studentdesk@vu.nl .

Are you a Dutch student? Please send your admission questions to toelating.sbe@vu.nl / admissions.sbe@vu.nl or call on Tuesdays and Thursdays between 15:00h and 16:00h: Tel. 020 5985873.

International diploma applicants

Do you have any questions about the application or admission procedure? International diploma applicants are welcome to send an e-mail to masters.sbe@vu.nl or book a phone appointment to get in touch with the International Student Advisor of this programme.

If you have questions about the tuition fee, Studielink or your personal dashboard on VU.nl, please contact the Student Desk: studentdesk@vu.nl, stating your student number.

Also, make sure to take a look at our FAQ page - you might already find your question answered there.

Contact

  • Marita Visser
  • International Student Advisor
  • School of Business and Economics
  • masters.sbe@vu.nl
  • Wouter Tuijnman
  • International Student Advisor
  • School of Business and Economics
  • masters.sbe@vu.nl
  • Alissa Hiegentlich
  • International Student Advisor
  • School of Business and Economics
  • masters.sbe@vu.nl
  • Sandra van Daalen
  • International Student Advisor
  • School of Business and Economics
  • masters.sbe@vu.nl