University of Groningen
BSc Econometrics and Operations Research
Groningen, Netherlands
DURATION
36 Months
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
01 Sep 2024
TUITION FEES
EUR 2,530
STUDY FORMAT
On-Campus
Introduction
The BSc Econometrics and Operations Research (EOR) in Groningen teaches you all about mathematical modelling. The combination of the four profiles makes this Program unique: econometrics, operations research, actuarial science and mathematical economics. If you like economics, mathematics and statistics, enjoy finding solutions to complex problems and have an interest in mathematical modelling and software-assisted computations, then this could be the Program for you.
- Econometrics is about the statistical methods needed to estimate the relation between variables. How does the gas price influence travel behaviour?
- Operations research focuses on optimal decision-making and finding approximate solutions to complex real-life problems. What is the most efficient route (time/distance) to deliver a number of packages?
- Actuarial science is about modelling the risks faced by, for instance, insurance companies and pension funds. How are pensions related to people living longer?
- Mathematical economics studies how economic actors (individuals, government, companies) interact with each other.
The combination of these four profiles provides an extensive modelling toolkit for solving a wide range of economic and business problems. Many course units in the Program provide the opportunity to practise modelling on the basis of real-life cases and data, thus providing optimal preparation for your future career as an econometrician, operations research specialist, or actuary.
Admissions
Scholarships and Funding
Several scholarship options are available. Please visit the university website for more information.
Curriculum
Year 1
- Estimation and Testing
- Finance
- Linear Algebra
- Mathematics I
- Mathematics II
- Microeconomics
- Multivariate Calculus
- OR Modelling
- Probability Distributions
- Probability Theory
- Programming
- Statistical Modelling
Year 2
- Difference- & Differential Equations
- Dynamic Econometrics
- Introduction to Actuarial Science
- Introduction to Econometrics
- Introduction to Mathematical Economics
- Introduction to Operations Research
- Linear Models in Statistics
- Macroeconomics
- Matrices, Graphs and Convexity
- Queueing Theory and Simulation
- Risk Insurance
- Statistical Inference
Year 3
- Bachelor's Thesis
- Elective BSc EOR
- Empirical Econometrics
- Finance Theory and Modelling
- Game Theory
- Marketing Analytics
- Numerical Methods
- Stochastic Models
Program Outcome
Credits: 180 ECTS
BSc in Econometrics and Operations Research
Program Tuition Fee
Career Opportunities
Almost all students decide to continue with a Master's degree in EOR or a related field. Acquiring such a Master's degree will expand your career opportunities in the short and long term, at home and abroad. Graduates with an MSc degree in EOR are found in a broad spectrum of occupations where mathematical, programing and problem-solving skills are needed.
You can continue your education with the MSc in Econometrics, Operations Research and Actuarial Studies at the University of Groningen.
The world of business offers jobs in areas such as finance, insurance, logistics, and marketing. Also, the public sector hires econometricians. Finally, moving into academia is another possible career path. As a graduate, your degree will be highly valued in the labour market. The Faculty of Economics and Business is internationally accredited and belongs to the 1% of business schools around the world accredited by both EQUIS and AACSB.
FEB Career Services When you become a student at the faculty, we want to support you in developing your career and strengthen your employability skills. You can count on a dedicated on-campus Career Services team offering you a wide range of courses, workshops, events and career-related support during your studies. Everything you need to enter the labour market.
Job examples
- Quantitative analyst (logistics, finance, banking, insurance, marketing, healthcare)
- Consultant (logistics, finance, insurance, marketing, healthcare)
- Actuary (insurance, pensions)
- Risk manager (financial sector)
- Researcher (university, government, research institute, central banks)