Econometrics, Operations Research and Actuarial Studies
Master
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.
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Visit course websiteLanguage
English
Title
Master of Science
Duration
1 year
ECTS credits
ECTS
The European Credit Transfer and Accumulation System (ECTS) is a student-centred system based on the student workload required to achieve the objectives of a programme of study. Its aim is to facilitate the recognition of study periods undertaken by mobile students through the transfer of credits. The ECTS is based on the principle that 60 credits are equivalent to the workload of full-time student during one academic year.
Accreditation
Numerus Fixus
No Numerus Fixus
Without numerus fixus.
Tuition fee 2023/2024
EU/EEA
The EU/EEA rate is the regular fee for students from within the EU/EEA.
€ 2,314
Non-EU/EEA
The non-EU/EEA rate is the rate for students from outside the EU/EEA.
€ 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 | |
InstitutionalThe institutional rate is for all students who have already obtained a bachelor’s or master’s degree and who want to start a second programme leading to a degree at the same level or at a lower level. |
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
Main addressOude Boteringestraat 44
9712 GL Groningen
050 363 9011
Ready to apply?
Visit course website