BSc Econometrics & Operations ResearchAdd to shortlist

Programme profile

What’s the impact of financial shocks like Brexit on inter-bank lending? How can hospitals make the most efficient use of the beds and the doctors they have available? How can production processes be optimised so that they make the most sustainable use of materials and energy? Econometrics and Operations Research are tools to approach these questions in a quantitative way, so that you can make the best decisions based on the results of your research.

Econometrics and Operations Research is highly important within the field of economics and business, as it uses quantitative skills to solve problems and make decisions. How do we predict the next big stock market crash and how should we respond to it? How should a tech company price its latest smartphone so that it is both profitable and competitive? Besides learning skills such as mathematical modelling and programming; you’ll also learn to question decisions from an ethical perspective.

It’s a challenging programme that offers big rewards, including excellent mathematical skills, analytical-reasoning skills, problem-solving skills and also presentation skills. These will come in handy when you share your proposed solutions with others who may not be econometricians.

Programme content

First year
In the first year you will build a solid methodological foundation for your study. You will study probability theory, analysis, statistics, and you will learn how to program. You will also follow some economics and finance courses.

In addition, you will be introduced to the programme’s three areas of specialisation: Econometrics, Operations Research and Mathematical Economics. It is also possible to switch to the Data Science track at the end of year one.

Second year
Your second year will build on your methodological skills. You will become more familiar with the three areas of specialisation within the programme: Econometrics, Operations Research and Mathematical Economics. Furthermore, you will work on several case studies in small groups and apply your acquired knowledge to practical problems. You’ll also report on and present the results of the project, learning how to give and receive feedback.

Third Year
In your third year, you’ll broaden your horizons bychoosing a minor – this could be close to your area of specialisation, like Econometrics or Networks in Economics, or in a different field, like Political Science. Alternatively, you can study abroad at one of the many partner universities of Vrije Universiteit Amsterdam. In the second half of the year, you’ll choose your specialisation in either Econometrics, Operations Research or Mathematical Economics.

Entry Requirements