Econometrics and Operations Research: Econometric Theory at Vrije Universiteit Amsterdam

Econometrics and Operations Research opens a window to a complicated world that provides insights on which people, businesses and governments base their decisions.

Econometrics is the science and art of using statistical methods to analyze financial, marketing and economic data, nowadays often Big Data. Operations Research is the science and art of making better decisions in economics, management and finance using mathematical methods.

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Econometrics and Operations Research: Econometric Theory

Your econometric challenge for a life-time career enhancer

In the master specialization Econometric Theory, you explore and master the active research field of econometrics. This in-depth specialization into the foundations of econometric methods offers you the challenge to explore and master an active research field that will place you first in any academic or professional career.

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Econometrics and Operations Research: Econometric Theory

After finishing this Master’s programme, you have developed an unique skill-set that can both be applied in a national or international setting. After all, data is invaluable in today’s society and therefore, so are you.

For many years, graduates of a master's in Econometrics and Operation Research are among those with the highest starting salary in the Netherlands. Reflecting the broadness of the programme, graduates are sought after in nearly every branch of industry and society.

During your studies there are plenty of social activities organized by our student association, so that you get to know your future colleagues. After completion of your master's you will be part of our thriving alumni community.

Graduates in Operations Research are highly desired throughout industry and society. More than 25% of our students already find a position during their master study, and almost all of them find a position within 3 months of graduating. According to a study by Elsevier, the average gross monthly income of graduates from Operations Research and Econometrics in their first year is approximately € 3.300.

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Econometrics and Operations Research: Econometric Theory

Application procedure with an international degree

If you have read the admission criteria and feel you are eligible for admission, please take the following steps to submit your application. Note that the initial application procedure is fully online and that scans of your original documents are required.

Step 1: Review the admission criteria

Step 2: Prepare your documents and apply online  
Please prepare the following documents. You can find an explanation of each document on the application page. All documents should be provided in English.

• Copy of your valid passport or ID (only for EU citizens)
• Curriculum Vitae
• Motivation letter
• Transcript of records
• A description of the courses you have taken during your previous higher education, that are relevant with respect to the ‘admission requirements (with an international degree)’. Don’t forget to mention the main literature used for the courses you took and the number of credits/class hours. Please use this format.
• Thesis (or another sample of academic writing). If your thesis was not written in English, please submit the original with an added summary of about 3 pages in English.

Step 3: Await the decision on admission
The admission board will review your application as soon as it is complete. Normally this takes about four weeks, but it might take longer in busy periods so be sure to apply as soon as possible. If you are admitted to theprogramme, you will receive a letter of conditional admission by email.

Step 4: Finalise your registration!
Make sure to finalise your registration as a student before the start of the programme. Here you will find an explanation on what to do after you are admitted. When all of the conditions are met, you will be ready to start your programme at Vrije Universiteit Amsterdam! 

I have a Dutch university level (WO) bachelor’s degree (VU bachelor's degree, VU premaster 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.

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Übersicht der Masterstudiengänge - Vrije Universiteit Amsterdam

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