Program Image Econometrics, Operations Research and Actuarial Studies

Econometrics, Operations Research and Actuarial Studies

Master

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Study in Groningen econometrics, operations research and actuarial studies. Use real-life data and advanced data science models to make sound decisions in business and society.
How much influence will petrol prices have on car usage? What econometric models can assist in predicting future resource demands and optimising resource allocation for sustainable use? What is the minimal route length to deliver parcels on time? In the MSc Econometrics, Operations Research and Actuarial Studies (EORAS), you can combine your interests in mathematics, economics, statistics, and data science and develop strong analytical skills as well as a passion for solving complex problems. The programme in Groningen has an international and interdisciplinary approach, is small-scale and allows you to build on a future career that matches your goals and aspirations.You will learn to apply mathematical and statistical models to address challenges in business, economics, finance, insurance, and related fields. As an example, one of the projects focuses on optimising the waste collection system in Groningen municipality. Students obtain data from the municipality (data science) to analyse the stochastic deposit process (econometrics), estimate overflow probabilities (actuarial sciences), and compute efficient truck routes (operations research). This is but one of our many projects in which you can learn i

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

A GMAT/GRE test is required from all candidates who obtained their bachelor's degree from a university in a non-EU/EEA country. For specific scores and exemptions, please see https://www.rug.nl/feb/gmat-gre. Both GMAT and GRE are now being offered by mba.com and ETS as an online option to take from home worldwide. Please check their websites for more information.

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
Tuition fees  
€ 2,530
€ 20,800
Information not available
Start date App. deadline EU/EEA App. deadline Non-EU/EEA
1 Feb '24 15 Oct '23 15 Oct '23
1 Feb '24 15 Oct '23 15 Oct '23
1 Sep '24 1 May '24 1 May '24
1 Sep '24 1 May '24 1 May '24
1 Feb '25 15 Oct '24 15 Oct '24
1 Feb '25 15 Oct '24 15 Oct '24
1 Sep '25 1 May '25 1 May '25
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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