Econometrics and Operations Research programme from University of Groningen teaches you all about econometric modelling. The strength of the programme lies in its combination of four fields: Econometrics, Operations Research, Actuarial Studies and Mathematical Economics. Important features of the programme are small-group teaching, personal contact with lecturers and the combination of theory and empirical applications.

Econometrics is about the statistical methods needed to estimate econometric models. Operations Research focuses on optimal decision-making and finding approximate solutions to very complex problems. Actuarial Studies is about modelling the risks faced by insurance companies and pension funds. Mathematical Economics studies how markets work and how prices are set. The combination of these four fields provides an extensive modelling toolkit for solving a wide range of economic problems. Many course units in our programme provide the opportunity to practise econometric modelling on the basis of real-life data, thus providing optional preparation for your future career as an econometrician.

Job prospects

Graduates with an MSc degree are found in a broad spectrum of occupations where IT, mathematical and problem-solving skills are needed. The world of business offers jobs in finance, insurance, logistics, manufacturing and marketing. Non-profit organisations, such as employers' federations and consumer organisations also hire econometricians. Governments need the diverse skills that will make up your toolkit. Finally, an academic research is another possible career path.

Your job prospects will be good. Nonetheless, while a Bachelor's degree may meet the requirements for entry-level positions, almost all students decide to continue with a Master's degree. Acquiring a Master's degree will expand still further your career opportunities in the short and long term, at home and abroad. 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.

Job examples

  • Quantitative analyst (logistics, finance, insurance, marketing)
  • Researcher (university, government, research institute)
  • Consultant (logistics, finance, insurance, marketing)
  • Actuary (insurance)
  • Risk manager (financial sector)