Econometrics

Introduction

The Master's specialisation in Econometrics is intended for talented and motivated students with an interest in studying macroeconomic and microeconomic problems from a quantitative point of view. Given the quantitative nature of this Master’s programme, students are expected to have a strong interest in, and prior knowledge of statistics, mathematics, and econometrics.

Econometrics is internationally acknowledged as a field of study that is indispensable for modern decision-making in business and economics. Econometric models and methods are successfully applied in the daily practice of financial firms, central banks, statistical offices and international governmental organisations. This Master’s specialisation is aimed at teaching econometric theory and quantitative methods to perform empirical econometric analysis. The goal is to provide high-quality academic training to enable graduates to pursue careers in business and government, or to excel in science. Graduates are able to apply econometric techniques to complex, real-world problems. Furthermore, graduates are trained to develop and apply new models if required.

Facts

Below you see an overview of the key facts of the Master's specialisation in Econometrics:

Start	September 2012
Duration	Full-Time (1 year)
ECTS	60
Language	English
Programme Coordinator	Prof.dr. R. Paap
Title	MSc
Study Association	Econometrisch Dispuut

Curriculum

Below you see an overview of the curriculum of the Master's specialisation in Econometrics:

Courses	Student Workload
Applied Microeconometrics	4 ECTS credits
Bayesian Econometrics	4 ECTS credits
Case Studies in Applied Econometrics	12 ECTS credits
Modern Business Cycle Analysis	4 ECTS credits
Multivariate Statistics	4 ECTS credits
Two elective, to be chosen from: - Advanced Money, Credit and Banking - Quantitative Risk Management - World Development - Advanced Modern Macroeconomics - Advance Behavioral Finance - Asset Pricing (QF variant) - Marketing Models and Large Datasets - Experimental Economics	8 ECTS credits
Quantitative Methods in International Finance and Macroeconomics	4 ECTS
Master's thesis Proposal E&MS	4 ECTS credits
Master's Thesis Econometrics & Management Science	16 ECTS credits
Programme	60 ECTS credits

The Master’s specialisation consists of seven core courses, a seminar course Case Studies in Applied Econometrics, and a Master’s thesis distributed over five blocks of eight weeks each. Core courses help students to get acquainted with a wide range of topics that are essential for econometrics. During the course Case Studies in Applied Econometrics small groups of students do an applied research project under supervision of a staff member. The last two blocks of the programme are devoted to the Master’s thesis, which can be theoretically-oriented or practically-oriented. Practically-oriented theses are usually combined with an internship or traineeship. The thesis is written individually under close supervision by one of the staff members of the Econometric Institute. For more information about the specialisation please go to this website and select your specialisation.

Application and Admission

The application and admission procedure differs for Dutch university students, HBO students and international students. Please click on this link and then choose to which group you belong and you will be directed to the correct application and admission procedure.

Career prospects

Graduates of the Master’s specialisation in Econometrics have excellent job prospects in diverse fields. They find careers in business, government, international economic organisations and academia. Students who perform well in their careers achieve top-positions at leading industrial firms, banks or at national and international organisations. Graduates of the Master's programme in Econometrics are also well-qualified to pursue a PhD degree and come successful researchers in academia.