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What will I learn?

The Bachelor's Econometrics and Operations Research (EOR) in Groningen teaches you all about econometric modelling. The strength of the programme lies in its combination of four profiles: Econometrics, Operations Research, Actuarial Studies and Mathematical Economics.

Econometrics is about the statistical methods needed to estimate econometric models. Operations research focuses on decision-making and finding optimal or at least good solutions to very complex problems. Actuarial studies are about modelling the risks faced by insurance companies, pension funds and the financial sector in general. Mathematical economics studies how markets work and how prices are set. The combination of these four profiles provides an extensive modelling toolkit for solving a wide range of economic and business problems. Many course units in the programme provide the opportunity to practise modelling on the basis of real-life cases and data, thus providing optimal preparation for your future career as an econometrician, operations research specialist, or actuary.

Why study this programme in Groningen?

EOR is an internationally accredited programme, ensuring a high-quality education that meets both the AACSB and EQUIS standards, which only one percent of business schools reach worldwide.

You acquire a sound background in economics, mathematics and statistics and become familiar with a range of important models. You learn how they can be put to best use. You develop an aptitude for research and become skilled in communicating mathematical and quantitative results. With this, you can address a wide range of economically relevant problems.

Important features of the programme are small-group teaching, personal contact with lecturers, and the combination of theory and empirical applications.

Job prospects

Almost all students decide to continue with a Master's degree in EOR or a related field. Acquiring such a Master's degree will expand your career opportunities in the short and long term, at home and abroad. Graduates with an MSc degree in EOR are found in a broad spectrum of occupations where mathematical, programming and problem-solving skills are needed.

The world of business offers jobs in areas such as finance, insurance, logistics, and marketing. Also, the public sector hires econometricians. Finally, moving into academia is another possible career path. 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.

Which department am I in?

Faculty of Economics and Business

Study options

Full Time (36 months)

Tuition fees
€9,500.00 (7,76,144) per year
Application deadline

Expected May 2023

More details

Start date

Expected September 2022

Venue

University of Groningen

Broerstraat 5,

Groningen,

9712 CP, Netherlands

Entry requirements

For students from United States

Applicants must have qualifications that are considered equivalent to the Dutch pre-university diploma (VWO). TOEFL iBT: 90 (min. 21 every item); IELTS (Academic): 6.5 (min. 6.0 every item)

For international students

To meet the general entry-level requirements, you will need an educational background equivalent to the Dutch pre-university education (VWO).

Mathematics should have been passed as a higher level (advanced) subject in your secondary school education.

IELTS Academic overall score 6 (Speaking 6, Writing 5.5); TOEFL internet-based overall score 90 (Speaking 20, Writing 20); C1 Advanced (with minimum score 169); University of Groningen Language Centre Test B2 overall.

*There may be different IELTS requirements depending on your chosen course.

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