Econometrics, Operations Research and Actuarial Studies

Rijksuniversiteit Groningen

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Deze opleiding

!Deze opleiding communiceert alleen in het Engels.
We tonen daarom de Engelstalige opleidingsinformatie.
Do you like analysing complicated economic questions? Are you interested in applying your ICT-skills to answer such questions? Then this programme with three profiles is the right one for you.

**Best MSc Econometrics and Operations Research and Actuarial Studies in the Netherlands - Elsevier 2016**

The programme in Econometrics, Operations Research and Actuarial Studies uses mathematical models to analyse problems in economics, finance and related areas. Relevant questions are: How will future employment ratios develop in Europe? What is the influence of high petrol prices on the expected number of train passengers? How can delivery routes to customers be improved? How can financial risks be quantified?


By teaching you the basic skills of mathematical modelling, this programme provides you with a toolbox to solve economic and financial questions. You will also learn to give an economic interpretation to quantitative results. You can choose between three profiles:

1) Econometrics aims at quantifying causal relations among economic variables. The models are used for forecasting and to make policy decisions.

2) Operations Research uses mathematical models to solve complex optimisation and decision-making problems, for example in logistics.

3) Actuarial Studies focuses on mathematical models for risk management in the financial sector (insurance companies, pension funds, banks).

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locatieGroningen
diplomaMSc Econometrics, Operations Research and Actuarial Studies
typeregulier, 60 EC
start1 februari, 1 september
taalvolledig English
opleidingsduur12 maanden voltijd
accreditatiesNVAO
croho-code60646
heeft geen numerus fixus
geen honoursprogramma
Studying Economics and Business in Groningen

Waarom aan de Rijksuniversiteit?

The programme has three profiles to choose from and is attractive for research-oriented students. The emphasis is on the application of modeling to practical problems and how to extract useful information from available economic data. Besides, it is an internationally accredited programme, ensuring a high quality education that meets both the AACSB and EQUIS standards, which only one percent of universities reach worldwide.

Open dagen en meeloopdagen

Webklas Kunst- en Architectuurgeschiedenis
Webklas Kunst- en Architectuurgeschiedenis
Webklas Econometrics and Operational Research (Engelstalig)
Webklas Econometrics and Operational Research (Engelstalig)

Studieprogramma

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opbouwCheck for in-depth info on all courses:

https://www.rug.nl/ocasys/rug/vak/showpos?opleiding=2030
The programme in Econometrics, Operations Research and Actuarial Studies (EORAS) offers three distinct profiles to choose from. This allows you to benefit from the combination of three profiles within the same programme. Class sizes are relatively small, ensuring interaction between students and lecturers.
periode
Electives MSc EORAS
EC | Econometric Theory and Methods
AS | Dependence & Extremes in Risk Management
Master's Thesis EORAS afstuderen
OR | Stochastic Programming
OR | Combinatorial Optimization
AS | Models for Short Term Risk Management
Electives (subject to approval)
EC | Econometric Inference
AS | Asset and Liability Management, OR: Banking, Insurance and Risk Management keuzevak
OR | Analysis of Complex Systems, OR: Supply Chain Optimization keuzevak
EC | Applied Macroeconometrics, OR: Applied Microeconometrics keuzevak

specialisaties

profiel Econometrics

Econometrics aims at quantifying causal relations among economic variables. The resulting econometric models are used for forecasting and to make policy decisions.

Examples of relevant questions: 'How will future employment ratios develop in Europe'? or 'What is the influence of high petrol prices on the expected number of train passengers?'

Econometrics has applications in many fields, such as finance, marketing and consumer behaviour, industrial organization and macroeconomics.

profiel Operations Research

Operations Research uses mathematical models to solve complex optimization and decision-making problems, for example in logistics and planning.

Examples of subject areas: freight routes, railway timetables, stock control, supply chain management, production planning, service and school timetables, location systems, queue management, and financial decisions.

profiel Actuarial Studies

Actuarial Studies focuses on mathematical models for risk management in the financial sector (insurance companies, pension funds, banks).

Traditionally, actuarial science was focused on calculating insurance premiums for insurance and pensions. Nowadays the scope of actuarial studies is much broader and includes the implementation of supervisory requirements for financial sector (Basel, Solvency), modeling mortality and longevity risks and modeling extreme events (such as stock market crashes).

  1. Double Degree Master China and the World Economy

Onderwijs

taal van onderwijs100% en
avondonderwijsn.v.t.
afstandsonderwijsn.v.t.
Studying means working independently and planning your studies yourself. But successful studying depends on many different factors, so it is understandable that you may need to consult an impartial expert to discuss your study progress and personal circumstances that influence your studies. The faculty's study advisors are available to help you. Obviously, everything discussed with the study advisor remains confidential.

Toelating en studiekosten

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startmomenten

1 februari 2017
aanmelding deadline : 15 oktober 2016
wettelijk tarief : € 2006
instellingstarief : € 2006
niet-EU/EER studenten : € 14200
1 februari 2018
aanmelding deadline : 15 oktober 2017
collegegeld nog niet bekend
1 september 2017
aanmelding deadline : 1 juli 2017
wettelijk tarief : € 2006
instellingstarief : € 2006
niet-EU/EER studenten : € 14200
1 september 2018
aanmelding deadline : 1 juli 2018
collegegeld nog niet bekend
toelatingseisen

vooropleiding
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, and the grades that you have obtained.

For more information, see: http://www.rug.nl/feb/education/admissions/nl/2/

If you have any questions concerning admission, please contact our Admissions Office: http://www.rug.nl/education/international-students/application-procedure/support/admissions-office

studie kosten
bron: Rijksuniversiteit Groningen
bedrag kostenpost
€ 8000levensonderhoudper jaar
inbegrepen in collegegeld
examination
registration fee

estimated monthly costs

bron: Nibud
bedragkostenpost
303kamerhuur in Groningenrond het landelijk gemiddelde
22internet+tv
152boodschappen/kostgeld
32telefoon
117verzekeringen
158collegegeldop basis van € 1906 per jaar
80studieboeken en -spullen
29drinken/snoep/snacks
77uiterlijkkleding, kapper, schoenen
30contributies/abonnementen
132vrije tijdstappen, uit eten, vakantie
42vervoernaast de OV-kaart
45overig

€ 1171totale maandelijkse uitgaven landelijk gemiddelde is € 1181
Hiernaast staat een overzicht van de gemiddelde kosten die een uitwonende student heeft. Niet iedere student heeft met iedere kostenpost te maken. Het totaalgemiddelde is dus niet gelijk aan de optelsom van alle kostenposten.

Bekijk ook de uitgebreide toelichting: wat kost studeren?

Studenten en studentenleven

studentaantallen

? studenten volgen deze opleiding
?% daarvan is vrouw
? eerstejaars gestart in 2012
?% daarvan is vrouw
27868 studenten aan de Rijksuniversiteit Groningen
51% daarvan is vrouw
bron: HBO-raad/VSNU

studievereniging

VESTING
VESTING is the association for students of Econometrics, Operations Research and Actuarial studies.
Her purpose is to tighten the gap between the abstract theory and the practical use regarding Econometrics and Operations Research. Also, VESTING wants to ameliorate the contact between her members and offer them the possibility to deploy themselves on other aspects than their studies. This is achieved by the organisation of formal as well as informal activities.
EBF
The EBF (Faculty of Economics and Business student association) is an association that builds a bridge for students between their college years and career. The EBF organizes symposia, research projects in and outside of Europe, two-day congresses and much more events.

Op kamers in Groningen

55216studenten studerend
31914studenten woonachtig   
€ 303gemiddelde kamerprijs
kamer betaalbaarheid
21 m2gemiddelde kameroppervlak
kamer beschikbaarheid
bron: Nationale Studenten Enquête

aan het woord: studenten en docenten

Lieke Kools
"The most surprising topics appeared, from thinking up a system for libraries to share their books and save money to how a family in Tanzania can best make use of their land given uncertain weather conditions."

“What I enjoyed most about the programme is its diversity. As we dove deeper into mathematical theory, the range of applications kept increasing. The most surprising topics appeared, from thinking up a system for libraries to share their books and save money to how a family in Tanzania can best make use of their land given uncertain weather conditions...
I set out to find the optimal placement for distributed generators of renewable energy. This is a difficult task as the grid should be balanced at all times, but both what consumers demand and what the generators supply is surrounded by uncertainty. I found myself reading up on physics and control theory, and ended up analyzing and trying to adapt an existing optimization algorithm in order to find more accurate solutions in less time.”


lees verder ...
Kaifeng Wang
You can predict so many things, and rule out 'chance'

The programme is not easy, but I see that as a challenge. In the beginning I had some difficulty with maths, because of the way the terminology was translated, but it's getting better now and my fellow Dutch students are very helpful.

"I finished my Bachelor's degree in Statistics in Beijing and came to the Netherlands as an exchange student. I decided to continue my studies here because I liked the friendly and relaxed atmosphere. There aren't many Master's degree programmes focusing on statistics, but Econometrics in Groningen comes very close...
The programme is not easy, but I see that as a challenge. In the beginning I had some difficulty with maths, because of the way the terminology was translated, but it's getting better now and my fellow Dutch students are very helpful. We do a lot of work in groups, and that helps me to adapt quickly and the teachers are very helpful and supportive. You never need to feel ashamed to ask them for help. One of my favourite subjects is Game Theory, because it's very practical. You can predict so many things, and rule out 'chance'. When I graduate I'd like to work for a bank or an insurance company, preferably in Europe."


lees verder ...
Willemijn Beelen
werkzaam als Quantative consultant bij TNT Post (PostNL)
Finding solutions is fun!

I definitely use on the job what I learned in the programme. When a problem in my company requires scenario calculations, we handle it. There's a certain way of analysing things, of recognising important factors that I developed during the programme that I draw on all the time. Finding solutions and seeing them put into place is interesting, even fun!'

I'm an internal quantitative consultant at TNT Post, and I definitely use on the job what I learned in the programme. If a problem in my company requires statistics, scenario calculations, simulation or optimisation, my department handles it...
I don't use economic theories every day, but there's a certain way of analysing things, of recognising important factors that I developed during the programme that I draw on all the time. You might think mail is mail, but actually no two projects are the same. Finding solutions and seeing them put into place is interesting, even fun!' 'Econometrics wasn't an easy study programme! But besides studying, I did a lot of different things while I was at the university. I worked as a student assistant, was active in The Knickerbockers, a student football association, and served on a committee and then the board of Vesting, the organisation for Econometrics students that tries to mix theory and practice. I went to Italy for a semester and had an internship at TNT Post, where I now work. Looking back I realise that each path led in its own way to my seeing where I'm strong and where I can improve.


lees verder ...

Feiten en / studie in cijfers

bron: Nationale Studenten Enquete 2015
deze
opleiding
landelijk
algemeen oordeel4.64.6
inhoud4.54.5
docenten4.44.4
studiefaciliteiten3.73.7
studielast3.43.4
studiebegeleiding4.14.1

Studentoordelen

De Nationale Studenten Enquete is het grootschalige onderzoek van de overheid onder studenten in Nederland naar de kwaliteit van opleidingen aan hogescholen en universiteiten.
In 2015 hebben meer dan 200.000 studenten hun oordeel gegeven over hun studie en instelling.

Econometrics, Operations Research and Actuarial Studies aan de Rijksuniversiteit Groningen is beoordeeld door 14 respondenten. Gemiddeld waarderen ze de opleiding met 4.6 uit 5.

Na de studie

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Beroepsperspectief / arbeidsmarkt

Graduates of the MSc EORAS are generally very successful in finding a job. The three profiles have a broad scope and are highly valued by employers.
As a graduate, you can find work at banks, insurers, logistics companies, central banks, pension funds, consultancy firms, government, supervisory authorities, and competition authorities, to name a few. Both the public and the private sector offer interesting job perspectives. Finally, you could start a career as a researcher in academia or at research institutes.
Because all our programmes are EQUIS and AACSB accredited, a standard which only one percent of universities reach worldwide, your degree will be highly valued on the labour market.

FEB Careers Company:

To support you in developing your career and strengthen your employability skills, our FEB Careers Company empowers you to achieve lifelong success through various career services during your studies.Check: http://www.rug.nl/feb/career-services/

current job market

vergeleken met andere studies

zoektijd baanzeer goed
salaris na 1,5 jaar zeer goed
kans op een vaste baan zeer goed
bron: Elsevier beste banen 2015

Potentiële beroepen

  • beleidsmedewerker fiscale zaken
  • docent econometrie
  • hoogleraar economie
  • universitair (hoofd)docent economie
  • wetenschappelijk onderzoeker economie
bron: UWV

Contact

prospectives.feb@rug.nl
Meer informatie?
Bezoek de website van deze opleiding.

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