Econometrics, Operations Research and Actuarial Studies
Rijksuniversiteit Groningen
Deze opleiding
| locatieGroningen |
| diplomaMSc |
| typeregulier, 60 EC |
| start1 februari, 1 september |
| taalvolledig English |
| opleidingsduur12 maanden voltijd |
| accreditatiesNVAO |
| croho-code60646 |
| numerus fixusnee |
| honoursnee |
How much influence will taxation prices have on car usage? What econometric models can assist in predicting future resource demands and optimizing resource allocation for sustainable use? What is the minimal route length to deliver parcels on time? In the MSc Econometrics, Operations Research and Actuarial Studies (EORAS), you can combine your interests in mathematics, economics, statistics, and data science and develop strong analytical skills as well as a passion for solving complex problems. The programme in Groningen has an international and interdisciplinary approach, is small-scale and allows you to build on a future career that matches your goals and aspirations.
You will learn to apply mathematical and statistical models to address challenges in business, economics, finance, insurance, and related fields. As an example, one of the projects focuses on optimizing the waste collection system in Groningen municipality. Students obtain data from the municipality (data science) to analyze the stochastic deposit process (econometrics), estimate overflow probabilities (actuarial sciences), and compute efficient truck routes (operations research). This is but one of our many projects in which you can learn in our programme how to combine mathematics, computers and consultancy skills to address societal and environmental problems.
The knowledge and skills you gain in any of the four profiles (actuarial science, data science, econometrics and operations research) are highly transferable and provide a level of job security. You learn also about the ethical implications of using data in decision-making processes, a skill which is highly valued. Our alumni find jobs right after graduation and work as data scientist, analyst, AI technical consultant, policy advisor, manager of operations, to name a few.
How does the MSc EORAS score in the Higher Education Guide (Keuzegids)? Students rated the MSc EORAS in Groningen higher for four different themes compared to other study programmes in econometrics offered by Dutch research universities.
Waarom aan de University of Groningen?
- Learn how to develop, adapt and use mathematical models for decision-making in business and society. Data ethics is a focus point in our programme, you will develop a deep understanding of how statistical and mathematical models intersect with ethical considerations in data analysis.
- Benefit from small class sizes and quality interaction between students and lecturers.
- Discover how to tackle optimization problems that involve uncertainty in data, parameters and objectives, as such problems are found in many fields such as energy, healthcare, logistics, finance, and sustainability.
- Choose from four profiles that attract both practically-oriented and researched-focused students thanks to our blended learning approach. You have the opportunity to work with real-life data and business cases. You can earn experience by writing your thesis at companies such as FrieslandCampina, Gasunie, UMCG Hospital, Belsimple, Picknick, and Zalando, to name but a few.
- Increase your knowledge of mathematics, statistics and complex problem-solving with a degree programme that will open up exciting career opportunities in many directions.
- Explore risk management applications both in the context of generic investments, and of investments that satisfy certain Environmental, Social and Corporate Governance (ESG) criteria, including climate change, energy, and sustainability.
- The programme has been internationally accredited by the AACSB and EQUIS, ensuring a high-quality education, which only 1% of universities reach worldwide.
Studieprogramma
| periode | |||||||||
| 1 | 2 | 3 | 4 | ||||||
Econometric Methods | 5 EC | ||||||||
Optimization under Uncertainty | 5 EC | ||||||||
Non-normal Data Analysis | 5 EC | ||||||||
Electives and other quantitative courses | 25 EC | ||||||||
Econometric Tools for Data Analysis | 5 EC | ||||||||
Data-driven Optimization | 5 EC | ||||||||
Models for Short Term Risk Management | 5 EC | ||||||||
Master's Thesis | 20 EC | ||||||||
Investing, Uncertainty and Climate Risk | 5 EC | ||||||||
Banking, Insurance and Risk Management | 5 EC | ||||||||
Networks and Spatial Economics | 5 EC | ||||||||
Applied Microeconometrics | 5 EC | ||||||||
Design of Combinatorial Algorithms | 5 EC | ||||||||
Demand Data Analysis & Inventory Control | 5 EC | ||||||||
specialisaties
specialisatie Master Internship
About 95% of our students combine the writing of their MSc EORAS thesis with an internship at a company or a (semi-)public institute such as the Dutch Central Bank. Often, these students move to the city of their internship for the duration of the internship.In case of an internship in the West of the Netherlands (known as the “Randstad”), communication between student and thesis supervisor often takes place via e.g. Skype. Many students are offered a job at the company where they have done their internship. However, it is also possible to write an MSc thesis without doing an internship, which is an attractive option for research-oriented students who wish to consider the option of doing a PhD after their MSc EORAS.
specialisatie Double Degree Master International Business and Finance (Shanghai)
Are you interested in an international career in or involving China?
Study in Shanghai after your FEB Master's programme in Groningen and gain first-hand knowledge and experience of China and the economy, finance and culture.
Onderwijs
| taal van onderwijs | 100% en |
|---|---|
| avondonderwijs | n.v.t. |
| afstandsonderwijs | n.v.t. |
onderwijsvormen
case study, computer exercise, group assignment, group discussion, individual assignment, lecture, literature study, research, research project, research proposal, oral presentation, practicum, project, self study, tutorial, working groupToelating en kosten
startmomenten
aanmelding deadline : 15 oktober 2024
collegegeld nog niet bekend
aanmelding deadline : 1 mei 2024
wettelijk tarief : € 2530 (€1265 in het eerste jaar)
instellingstarief : € 19900
niet-EU/EER studenten : € 20800
aanmelding deadline : 1 mei 2025
collegegeld nog niet bekend
Students with a Dutch diploma can apply directly to Studielink. More information on the steps to apply.
toelatingseisen
vooropleiding
To be eligible for admission to this Master, you need to hold an academic Bachelor's or Master's degree from a research university in the field of Econometrics and Operations Research.
To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies. For more information, please visit: https://www.rug.nl/feb/apply-msc.
inbegrepen in collegegeld
| examination |
| registration fee |
De stad
studievereniging
VESTING
VESTING is the study association for the bachelor Econometrics and Operations Research and for the master Econometrics, Operations Research and Actuarial Studies at the University of Groningen (UG)VESTING has the goal to bridge the gap between theory and practice in the field of Econometrics, Operations Research and Actuarial Studies. VESTING also strives to improve the contact between its members and to offer them the opportunity to develop themselves outside of the study. To achieve this, VESTING organizes many activities, both formal and informal.
EBF
The Economics and Business Faculty association (EBF) is the faculty association for all students studying at the faculty of Economics and Business of the University of Groningen.The EBF is your partner during your time in Groningen by organising events that support you with your studies and help you prepare for your future career.
Na de studie
Beroepsperspectief / arbeidsmarkt
Organizations in both the public and the private sector will be eager to on-board you. You may also start your career as a researcher in academia or at a research institute. Our alumni work at different companies such as Achmea, Arriva, Deloitte, ASML, Belastingdienst, Riskquest, ABN AMRO, UMCG, Albert Heijn, Royal Haskoning.
aansluitende masteropleidingen
| instelling | opleiding | instroomeisen |
|---|---|---|
| Utrecht University | Leraar VHO algemene economie full-time,part-time educational | + 30 EC pre-master |
Potentiële beroepen
Contact
Are you a current student? Contact the Student Support Desk (FEB)Are you a prospective student? Fill in this contact form (FEB)We will answer your question within 72 hours.