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. It is a successful preparation for a professional career in which mathematics, statistics and ICT are used in analysing and solving complex issues in general economics, and business and financial economics. Econometricians are also employed as experts in optimizing strategic and operational business processes like transport flows, stock management and operating systems. Econometricians can be found working at the central banks of Europe, at federal banks in the United States, at central government agencies and ministries, financial institutions, consultancy firms, airlines, the railways and other logistic companies, and in the majority of listed companies.
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.
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.
The Master Econometrics and Operations Research is a one year programme en consists of 60 EC.
For talented and ambitious students the master’s programme offers an extra opportunity to distinguish themselves with the MSc Honours Programme Operations Research. This Honours Programme allows master’s students to broaden and deepen their knowledge on state-of-the-art operations research techniques.