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Econometrics and Operations Research (track)

Econometrics and Operations Research

Prepare the quantitative basis for important decisions

If you choose the Econometrics and Operations Research track, you’ll get a broad and solid foundation in econometric theory, as well as courses on the application of Econometrics in practice.

Econometrics and Operations Research is highly important within the field of economics and business, as it uses quantitative skills to solve problems and make decisions. How do we predict the next big stock market crash and how should we respond to it? How should a tech company price its latest smartphone so that it is both profitable and competitive? Besides learning skills such as mathematical modelling and programming; you’ll also learn to question decisions from an ethical perspective.

The Econometrics and Operations Research track has an intake of about 100 students every year. The relatively small scale will allow you to get to know everyone, get into the depth of the subject matter, and build a huge network that you will benefit from for the rest of your career. You’ll get lectures on theory, work on group assignments, do case studies, and get first-hand experience with various companies.

You’ll be learning from people in the forefront of their field. Most of your teachers are actively involved in research. Others also work in business when they’re not at the university. This ensures the programme to be both relevant, and up to date. In fact, the Econometrics and Operations Research programme – at both Bachelor’s and Master’s level – has been rated as a “topopleiding” (high-quality education) by the Keuzegids Universiteiten two years in a row.

Kraket, our active study association, adds a fun social side to your programme, organises careers events, invites representatives from large companies such as KLM, and even plans trips to companies abroad!

Facts and Figures

First year

In the first year you will build a solid methodological foundation for your study. You will study probability theory, analysis, statistics, and you will learn how to program. You will also follow some economics and finance courses. In addition, you will be introduced to the programme’s three areas of specialisation: Econometrics, Operations Research and Mathematical Economics. If you want to switch to the Data Science track at the end of year one, that’s possible.

Second year

Your second year will build on your methodological skills. You will become more familiar with the three areas of specialisation within the programme: Econometrics, Operations Research and Mathematical Economics. Furthermore, you will work on several case studies in small groups and apply your acquired knowledge to practical problems. You’ll also report on and present the results of the project, learning how to give and receive feedback.

Subjects

You can find the complete course overview for this year in the Study guide

Third year

In your third year, you’ll broaden your horizons by choosing a minor – this could be close to your area of specialisation, like Econometrics or Networks in Economics, or in a different field, like Political Science. Alternatively, you can study abroad at one of the many partner universities of Vrije Universiteit Amsterdam. In the second half of the year, you’ll choose your specialisation in either Econometrics, Operations Research or Mathematical Economics. Finally, you will write a Bachelor’s thesis on a subject of your interest.

Subjects

You can find the complete course overview for this year in the Study guide

  • 1st year

    First year

    In the first year you will build a solid methodological foundation for your study. You will study probability theory, analysis, statistics, and you will learn how to program. You will also follow some economics and finance courses. In addition, you will be introduced to the programme’s three areas of specialisation: Econometrics, Operations Research and Mathematical Economics. If you want to switch to the Data Science track at the end of year one, that’s possible.

    Subjects

  • 2nd year

    Second year

    Your second year will build on your methodological skills. You will become more familiar with the three areas of specialisation within the programme: Econometrics, Operations Research and Mathematical Economics. Furthermore, you will work on several case studies in small groups and apply your acquired knowledge to practical problems. You’ll also report on and present the results of the project, learning how to give and receive feedback.

    Subjects

    You can find the complete course overview for this year in the Study guide

  • 3rd year

    Third year

    In your third year, you’ll broaden your horizons by choosing a minor – this could be close to your area of specialisation, like Econometrics or Networks in Economics, or in a different field, like Political Science. Alternatively, you can study abroad at one of the many partner universities of Vrije Universiteit Amsterdam. In the second half of the year, you’ll choose your specialisation in either Econometrics, Operations Research or Mathematical Economics. Finally, you will write a Bachelor’s thesis on a subject of your interest.

    Subjects

    You can find the complete course overview for this year in the Study guide

Change your future with the Econometrics and Operations Research programme

Change your future with the Econometrics and Operations Research programme

After the Bachelor’s programme, you can specialise by following a Master’s programme. When you graduate as an econometrician, you can work as an analyst, statistician, trader, consultant or operations manager in any large firm, including banks (like ABN AMRO), consultancies (like Deloitte or EY), transport companies (like KLM or NS), online retailers (like Booking.com or Bol.com) and many, many other businesses.

Discover your future prospects
Student in front of office buildings at Zuidas