MSc Econometrics, Operations Research and Actuarial StudiesUniversity of Groningen
MSc Econometrics, Operations Research and Actuarial Studies
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About this program
MSc Econometrics, Operations Research and Actuarial Studies
The MSc Econometrics, Operations Research and Actuarial Studies(EORAS) uses mathematical and statistical models to analyse problems in business, economics, finance, insurance, and related areas. We address questions such as: How will future employment ratios develop in Europe? How much influence will petrol prices have on car usage? What is the minimal route length to deliver large amounts of parcels? How to calculate a fair premium for a new insurance product? These questions have in common that they use mathematical modelling and data science in a decision-making process. You will learn how to construct appropriate models, to apply these models with real-life data and (statistical) software, and to design and implement computer algorithms to evaluate the decisions. Importantly, you also learn how to give proper (economic) interpretations of the outcomes of the analysis.
The MSc EORAS in Groningen has three specialized profiles: Econometrics, Operations Research and Actuarial Studies.
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previous education - 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.
language test - IELTS Academic overall score 6.5 (Speaking 6, Writing 6.5); TOEFL internet-based overall score 90 (Speaking 20, Writing 24); Cambridge B2 First, C1 Advanced or C2 Proficiency (overall score 176, Speaking 169, Writing 176).
- ETS is offering the TOEFL tests as an online option to take from home worldwide. Please check their website for more information.
previous education -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.
For more information about admission requirements, please visit the university website.
Does this course require proof of English proficiency?
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- Asset and Liability Management, OR: Banking, Insurance and Risk Management
- Dependence Extremes in Risk Management
- Models for Short Term Risk Management
- Applied Macroeconometrics, OR: Applied Microeconometrics
- Econometric Inference
- Econometric Theory and Methods
- Master's Thesis EORAS
- OR Analysis of Complex Systems, OR: Supply Chain Optimization
- OR Combinatorial Optimization
- OR Stochastic Programming
- Tuition fees for EU/EEA Students: € 2,209 per year
- Tuition fees for Non-EU/EEA Students: € 16,201 per year
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About this institute
University of Groningen
The University of Groningen is one of the oldest universities in the Netherlands, founded in 1614 and it ranks amongst the top 100 universities in the world. We are a research-intensive institution offering a wide range of highly regarded bachelor, master...
Why study at University of Groningen
We're a Top 100 University
Study at one of the world’s leading universities. Learn from the best and take advantage of exciting research opportunities. Live in a vibrant city where over a quarter of the population are students. Whatever you’re seeking from your university experience, you’ll find it in Groningen. With over 45 world-class Bachelor’s programmes and 160 highly-ranked Master’s programmes, we have a field of study for you.
Our groundbreaking research
As a student, you will be actively involved in research at one of Europe’s top research institutions from the get-go. The University of Groningen carries out ground-breaking and socially-relevant research that builds bridges between disciplines and closes the gap between science and society.
400 years of reputation
The University of Groningen is the second oldest university in the Netherlands and has built a reputation for excellence. Many talented people have passed through the university during its rich 400-year history, including Nobel Prize winners like Ben Feringa (Chemistry, 2016) and Frits Zernike (Physics, 1953). Some have been pioneers in their respective fields, such as the first female University student and the first female lecturer in the Netherlands, the first Dutch astronaut and the first president of the European Bank.
Vibrant Student Life
While its history can be traced back to 300 BC, today Groningen is a vibrant student city with the youngest population in the Netherlands – one in four people here is a student! That means there’s always something to do, with various art and music festivals, theatres, cinemas and performance venues catering to all tastes, whether you prefer to watch or want to join in. In Groningen, you’ll see students everywhere: studying in the pretty Noorderplantsoen park, working various part-time jobs and partying the night away.
The University of Groningen attracts a large international community! Our Erasmus Student Network (ESN) conveniently facilitates all international students in Groningen and organizes over 150 activities a year. The University of Groningen has strong international connections which means that you can easily spend part of your degree studying abroad. The University also offers several unique international Master’s degree programmes in cooperation with other large European universities.
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