MSc in Econometrics and Management Science – Specialisation in Analytics and Operations Research in Logistics

This master’s specialisation focuses on those areas in the transport and logistics sector that require strong quantitative skills, which is typically where advanced decision support systems are in use. Examples are transport planning and scheduling in railways, shipping lines and airlines, revenue management, and supply chain design and inventory control. However, quantitative skills can also be applied in other areas such as healthcare.

The Program consists of both methodological and applied quantitative courses. In the former, you will learn advanced techniques in the field of Operations Research, while in the latter you will apply the techniques to challenging assignments and cases. With these skills, you will be well-prepared to tackle real-life logistics business challenges.

The difference between this Program and standard logistics or supply chain management Programs is that you also learn the ins and outs of the methodology underlying advanced planning and decision support systems. This will provide you with a competitive edge, which is much appreciated by companies. The strong focus on methodology also prepares you well for a PhD trajectory.

The Program consists of five blocks each spanning eight weeks. The first three blocks are dedicated to courses and seminars, while the last two blocks will be mainly spent on writing a thesis. During the courses, there will be assignments that you work on individually, while in the seminars you work in a team of students.

The curriculum consists of:

• 50 % Methodological courses
• 20 % Applied courses
• 30 % Seminars

Course Overview

• Take-Off Master
• Stochastic Models and Optimisation
• Mathematical Programming
• Machine Learning
• Advanced Inventory Supply Chain Management
• Algorithm Design
• Optimisation under Uncertainty
• Transportation and Scheduling
• Seminar Logistic Case Studies
• Master's Thesis Proposal E&MS
• Master's Thesis Econometrics and Management Science

Credits: 60 ECTS

Master of Science

Sectors such as logistics and transport, healthcare, and utilities have an increasing need for quantitative skills. Experience has shown that the analytical skills acquired in this program will give you distinctive hiring and starting salary advantages over many other graduate programs. Our alumni work in a wide range of positions, for instance at:

• OR Software and consultancy companies: Ortec Consultants, Ab Ovo, Veneficus, Quintiq, OMP, Deloitte, Distraction
• Transportation companies: NS, Connexxion, Air France-KLM, Transavia, TUI, PostNL, Maersk line, TNT Express
• Warehouses and terminals: ECT, Schiphol, Vopak, APM Terminals
• Production companies: Fokker Services, Philips Healthcare, ASML
• Other prominent companies: Albert Heijn, Bol.com, Coolblue, Henkel, Mediq
• Research institutes: EUR, Erasmus MC, TNO, NEA

After graduation, you may work at a consultancy company like Ortec and solve challenging routing problems while making sure the vehicles are optimally loaded. You may also want to cut your teeth on the timetable at the Dutch Railways or reroute trains and replan personnel after a disruption. Another option is the application of revenue management strategies at one of the major airlines to increase profit. Optimal planning and smart decision-making can have a significant impact on the success of a company, so as a graduate of the Erasmus School of Economics master program in Analytics and Operations Research In Logistics you will be able to make a real difference.