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MSc in Econometrics and Management Science (Quantitative Finance)

Erasmus School of Economics
1 year
Full time
Master's degree
Scholarships available
31 August 2020
Application deadline: 01 May 2020

Program description

Study quantitative finance in the Netherlands

Does the stability of the global financial system intrigue you? Do concepts like big data and quantitative analysis highly appeal to you? If you have a strong interest in and prior knowledge of statistics and econometrics and you aim for a career in the financial industry or in research, then the quantitative finance program is for you.

This specialization covers all main areas in finance and focuses on the econometric and quantitative skills needed to solve poignant financial issues.

Renowned practicing researchers and sector advisors provide a curriculum based on the latest developments and insights. Courses vary from asset pricing, financial derivatives to quantitative risk management, but you will also work in small teams on applied research projects. A Master thesis completes your program.

Admission requirements

  • Your degree has to be equivalent to our bachelor program prior to the corresponding master program. The examination board decides whether your obtained bachelor's degree is sufficient for admission to a pre-master program. In any case, the examination board carefully reviews each application. Should your previous education not be sufficient for admission to a master’s degree program the examination board will always review your application for possible admittance for a pre-master program instead. 
  • All programs are taught from a strong quantitative approach. A solid background in mathematics and statistics is a necessity for every program. Your background in mathematics and statistics has to show from your university transcript.
  • Prospective students must show proficiency in the English language and demonstrate this by means of an internet or computer based, Academic TOEFL or Academic IELTS Test Score Report, taken no longer than 2 years before application.

Program content

The programme consists of seven core courses, a seminar (Financial Case Studies) and the master’s thesis.

Each core course focuses on either particular econometric methods (including time series models and Bayesian techniques) or a specific area in finance (such as Asset Pricing, Derivatives, Risk Management, and Portfolio Management) where quantitative support is indispensable. Many core courses include empirical assignments, enabling you to gain experience with  applying the econometric techniques in practice.

During the seminar Financial Case Studies you intensely work in a small team for a period of two months, in order to conduct an applied research project from start to finish. The topics for these research projects are provided by firms in the financial industry. Representatives of these firms are actively involved in the supervision of the research projects, together with faculty members.

The master’s thesis can be theoretically oriented or practically oriented. Practically oriented theses are usually combined with an internship or traineeship.

Tuition fees

Master programs

  • EU: EUR 2.006
  • Non-EU: 14.500

Research master programs

  • EU: 2.006
  • Non-EU: 12.000 - 15.800

Studying in a foreign country can be very expensive. Fortunately, the Dutch government subsidizes higher education which leads to lower tuition fees for students with a nationality from a country belonging to the European Economic Area (EEA). In recent years, more and more students from outside the EEA have decided to study in the Netherlands, resulting in a growing demand for academic scholarships. Below you can find the few scholarships that might be applicable to you.

Erasmus Education Fund

Every academic year, the Erasmus Education Fund (EEF) supports several students with a scholarship of 3000 euro's per year. The EEF is only for excellent students who need provable financial support. Students may apply by following the application procedure for the EEF.

Erasmus School of Economics Student Waiver for excellent students from non-EEA countries

The Erasmus School of Economics has created a separate fund to support excellent students. The maximum award of the waiver consists of a tuition fee waiver for the year 2016-2017. Resulting in a tuition fee equal to the statutory fee. Current or prospective students who are awarded this waiver will therefore not themselves directly receive a sum of money.

Holland Scholarship Erasmus University

The Holland Scholarship is financed by the Dutch Ministry of Education, Culture and Science and Dutch research universities and universities of applied sciences. The scholarship is meant for international students from outside the European Economic Area (EEA) who want to do their bachelor’s or master’s in Holland. The scholarship amounts to €5,000.


Master of Science

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About school

Erasmus School of Economics

Erasmus School of Economics is one of the world’s leading academic institutions. The school has a long-standing tradition of high-quality education and research. The best Erasmus graduates have made outstanding contributions to science, government, and business. Based in Rotterdam, the...

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Contact info

Erasmus School of Economics

Burgemeester Oudlaan 50
3062 Rotterdam
The Netherlands

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