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What will I learn?

This programme brings together the areas of econometrics and operations research. Econometrics provides support to economic decisions using quantitative data and techniques from mathematics, statistics and computer science. And Operations Research uses advanced mathematical tools to solve complex problems and optimise processes, such as transport logistics, routing and scheduling.

Organisations today face global competition, economic crises and complex decision-making processes. Therefore, calls are growing ever louder for economists who have the advanced technical training and quantitative skills to solve real problems. This programme gives you a unique profile to respond to these needs in government, finance, consulting and more.

Operations Research

Operations Research is about applying technology to business situations in order to solve real problems. The track will not only give you the means to use computer programming to your advantage, but also to communicate your proposed solutions to the business decision-makers effectively.

What you’ll actually do:

  • use and develop software to find optimal solutions for logistical scheduling problems
  • find technical solutions to business and economic problems
  • use tools like simulations and regression analysis
  • have the opportunity to combine an 8-week internship with your master's thesis

Your future

Having completed the track in Operations Research, you will be well suited for a technical role, making decisions, giving advice and providing support to management teams. Later, you will be well qualified to make those decisions as a top manager yourself. You can look for work:

  • in logistics, optimising supply chains and helping companies develop new and innovative logistic concepts
  • in the telecom industry, helping companies optimise margins and process efficiency
  • as a distribution specialist, helping companies improve their storage management, and coming up with strategies to ensure new and more efficient storage

Which department am I in?

School of Business and Economics

Study options

Full Time (1 Year)

Tuition fees
€13,800.00 (11,14,701) per year
Statutory fee for this programme is € 2,083
Start date

Expected September 2022

Venue

Maastricht University

Minderbroedersberg 4-6,

MAASTRICHT,

Limburg,

6211, Netherlands

Entry requirements

For students from United States

Applicants must have eligible for admission if you have a bachelor's degree from a relevant academic field, for example, philosophy or sociology. English language requirements: IELTS (6.5); TOEFL Paper-based test (575); TOEFL Internet test (90); TOEIC listening and reading (720) and speaking and writing (310); Cambridge [Advanced (CAE) Grade C (scale 180-184), First Certificate in English (FCE) Grade A (scale 180-184), First Certificate in English (FCE) Grade B (scale 176-179)].

For international students

Applicants with an international bachelor’s degree

Previous education:

  • providing proof of having obtained a University Bachelor’s Degree in Econometrics; or
  • providing proof, including a transcript of exam subjects and grades, of a University Degree programme in which a majority of
  • credits are gained by courses in Mathematics and Statistics; or
  • providing proof of having obtained a University Bachelor’s Degree in a Business, Economics, Liberal Arts or an Engineering
  • programme and providing proof of a satisfactory GMAT test score or GRE test score.
  • IELTS exam: minimum overall score of 6.5
  • TOEFL exam, paper-based: minimum overall score of 575
  • TOEFL exam, computer-based: minimum overall score of 233
  • TOEFL exam, internet-based: minimum overall score of 90
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