Program Image Econometrics, Operations Research and Actuarial Studies

Econometrics, Operations Research and Actuarial Studies

Master

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Study in Groningen one of the fields of econometrics, operations research or actuarial studies. Use real-life data and data science models to solve complex problems.

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, apply these models with real-life data and (statistical) software, and 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.

How does the MSc EORAS score in the Higher Education Guide (Keuzegids)? Students rated the MSc EORAS in Groningen higher for four different themes compared to other study programmes in econometrics offered by Dutch research universities.

Language

English

Title

Master of Science

Duration

1 year

ECTS credits

Accreditation

NVAO

Numerus Fixus

Tuition fee 2023/2024

€ 2,314

€ 17,800


Admission

Application requirements

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. To assess whether your educational/academic background meets the specific programme requirements, we will consider the level and curriculum of your previous studies. For more information, please visit: https://www.rug.nl/feb/apply-msc. If you have any questions concerning admission to this programme, please conta

IELTS Academic overall score 6.5 (Speaking 6, Writing 6.5); TOEFL internet-based overall score 90 (Speaking 20, Writing 24); Cambridge 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.

Check when you can start and what you have to pay!

Tuition fees  
€ 2,314
€ 17,800
Information not available
Start date App. deadline EU/EEA App. deadline Non-EU/EEA
1 Sep '23 1 May '23 1 May '23
1 Feb '24 15 Oct '23 15 Oct '23
1 Sep '24 1 May '24 1 May '24
1 Feb '25 15 Oct '24 15 Oct '24
1 Sep '25 1 May '25 1 May '25

Scholarships

You can check if you're eligible for scholarships that apply to this course.

Orange Knowledge Programma (OKP)

The Orange Knowledge Programme aims to contribute to a society's sustainable and inclusive development. Its scholarships are open to mid-career professionals in specific countries.

Contact

University of Groningen

Main address
Oude Boteringestraat 44
9712 GL Groningen
050 363 9011

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