Econometrics and Operations Research: Business Engineering and Data-Driven Decision Making 12 months Postgraduate Program By Vrije Universiteit Amsterdam |Top Universities
Subject Ranking

# 142QS Subject Rankings

Program Duration

12 monthsProgram duration

Tuitionfee

24,150 EURTuition Fee/year

Main Subject Area

Economics and EconometricsMain Subject Area

Program overview

Main Subject

Economics and Econometrics

Degree

Other

Study Level

Masters

Study Mode

On Campus

The Master’s programme in Econometrics and Operations Research consists of two tracks: Econometrics and Operations Research. Directly from the start of the master you choose one of these tracks.

Each track offers three distinct specializations that allow you to focus your expertise in your chosen field.



Econometrics Track



The Econometrics track focuses on the development and application of advanced statistical and econometric methods for analyzing complex data. This track integrates mathematics, statistics, computer science, and knowledge of businesses to provide you with the tools needed to extract meaningful insights from data across various domains including economics, marketing, pricing, revenue management, finance, risk management, and climate science. The track offers three specializations:


  • Econometrics and Data Science: Master state-of-the-art techniques in econometrics and data science for analyzing large-scale datasets
  • Financial Econometrics: Develop expertise in analyzing financial markets and risk using advanced econometric methods
  • Climate Econometrics: Apply in-depth quantitative techniques to address climate-related challenges



Operations Research Track



The Operations Research track emphasizes the development and application of mathematical methods for analyzing and optimizing business processes. This track combines mathematics, computer science, and business studies to help you solve complex decision-making problems. Choose from three specializations:


  • Quantitative Logistics: Focus on optimizing transport networks and supply chains
  • Financial Engineering: Master the mathematical techniques needed for financial optimization and risk management
  • Business Engineering and Data-Driven Decision Making: Learn to optimize business processes using advanced analytical methods


Each specialization consists of:


  • Core courses that provide fundamental knowledge in your chosen field
  • Specialized courses that deepen your expertise in specific areas
  • Elective courses that allow you to broaden your knowledge
  • A master’s thesis where you apply your knowledge to solve a complex problem


Our courses combine theoretical foundations with practical applications, ensuring you develop both a deep understanding and hands-on experience. Through case studies, programming assignments, and research projects, you’ll learn to apply advanced methods to real-world challenges.



The academic year is divided into six periods, allowing for focused, intensive learning in each course. The programme begins in September and can be completed in one year of full-time study.



The start date of this programme is September 1st.

Program overview

Main Subject

Economics and Econometrics

Degree

Other

Study Level

Masters

Study Mode

On Campus

The Master’s programme in Econometrics and Operations Research consists of two tracks: Econometrics and Operations Research. Directly from the start of the master you choose one of these tracks.

Each track offers three distinct specializations that allow you to focus your expertise in your chosen field.



Econometrics Track



The Econometrics track focuses on the development and application of advanced statistical and econometric methods for analyzing complex data. This track integrates mathematics, statistics, computer science, and knowledge of businesses to provide you with the tools needed to extract meaningful insights from data across various domains including economics, marketing, pricing, revenue management, finance, risk management, and climate science. The track offers three specializations:


  • Econometrics and Data Science: Master state-of-the-art techniques in econometrics and data science for analyzing large-scale datasets
  • Financial Econometrics: Develop expertise in analyzing financial markets and risk using advanced econometric methods
  • Climate Econometrics: Apply in-depth quantitative techniques to address climate-related challenges



Operations Research Track



The Operations Research track emphasizes the development and application of mathematical methods for analyzing and optimizing business processes. This track combines mathematics, computer science, and business studies to help you solve complex decision-making problems. Choose from three specializations:


  • Quantitative Logistics: Focus on optimizing transport networks and supply chains
  • Financial Engineering: Master the mathematical techniques needed for financial optimization and risk management
  • Business Engineering and Data-Driven Decision Making: Learn to optimize business processes using advanced analytical methods


Each specialization consists of:


  • Core courses that provide fundamental knowledge in your chosen field
  • Specialized courses that deepen your expertise in specific areas
  • Elective courses that allow you to broaden your knowledge
  • A master’s thesis where you apply your knowledge to solve a complex problem


Our courses combine theoretical foundations with practical applications, ensuring you develop both a deep understanding and hands-on experience. Through case studies, programming assignments, and research projects, you’ll learn to apply advanced methods to real-world challenges.



The academic year is divided into six periods, allowing for focused, intensive learning in each course. The programme begins in September and can be completed in one year of full-time study.



The start date of this programme is September 1st.

Admission Requirements

6.5+
92+

1 Year
Sep

Tuition fees

Domestic
21,220 EUR
International
24,150 EUR

Scholarships

Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.

To help students navigate this challenging process, we recommend the following articles:

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