Additional requirements for Econometrics and Management Science

Current facets (Pre-Master)

For your admissibility to the Master programme Econometrics and Management Science, the Examination Board of the Erasmus School of Economics evaluates whether your bachelor degree is equivalent to the Dutch bachelor degree in Econometrics and Operations Research. The Examination Board makes its decision based on the content and level of your bachelor degree. Both the topics of the required courses and the level at which they are studied are relevant.

Below you can get an indication of the required level and content of each course, organized per cluster. These courses are covered in the courses in the Bachelor programme Econometrics and Operations Research at the Erasmus School of Economics. Click on each cluster to get an overview of the required courses. Please click on the name of each course to get access to the course guide and detailed information about each course and the required literature.

Mathematics

Courses:

Introduction to AnalysisAnalysisVector CalculusMatrix AlgebraMathematical Methods

Credits:

24 ECTS

Level:

You have to be able to construct, formulate and evaluate mathematical proofs, and work with them.

Books:

Book indicative of the level are:

  • Stewart, Calculus; Early Trancedentals; Brooks/Cole
  • Adams & Essex; Calculus: A Complete Course; Pearson
  • Poole; Linear Algebra: A Modern Introduction; Thomson, Brooks/Cole
  • Lay; Linear Algebra and its Applications; Pearson

Statistics

Courses:

Introduction to StatisticsProbability TheoryStatisticsAdvanced StatisticsMarkov Processes

Credits:

20 ECTS

Level:

You have a thorough understanding (theorems and proofs) of mathematical statistics and probability theory, including multivariate statistics.

Books:

Books indicative of the level are:

  • Wackerly, Mendenhall & Scheaffer; Mathematical Statistics with Applications; Thomson Brooks/Cole
  • Bain & Engelhardt; Introduction to Probability and Mathematical Statistics; Duxbury Press
  • Johnson & Wichern; Applied Multivariate Statistical Analysis; Pearson
  • Arnold; Mathematical Statistics; Prentice Hall
  • Casella & Berger; Statistical Inference; Thomson Press

Economics

Courses:

MicroeconomicsMacroeconomicsFinanceMarketing ResearchMathematical Economics

Credits:

32 ECTS

Level:

You have to understand the key concepts of (business) economics, and how to study those with econometric techniques.

Books:

Books indicative of the level are:

  • Mas-Colell, Whinston & Green; Microeconomic Theory; Oxford University Press
  • Tadelis, Game Theory; An Introduction; Princeton University Press
  • For macroeconomics, finance and marketing, book at an introductory level suffice

Econometrics

Courses:

Econometrics 1Econometrics 2Time-Series AnalysisAdvanced Econometrics

Credits:16 ECTS
Level:You have to be able to derive estimators and tests and their properties using matrix algebra.

Books:

Books indicative of the level are:
  • Heij, de Boer, Franses, Kloek & van Dijk; Econometric Methods with Applications in Business and Economics, Oxford University Press.
  • Greene, Econometric Analysis, Prentice Hall
  • Verbeek, A Guide to Modern Econometrics, Wiley
  • Franses, van Dijk & Opschoor; Time Series Models for Business and Economic Forecasting; Cambridge University Press

Operations Research

Courses:

Linear ProgrammingCombinatorial OptimizationNonlinear OptimizationSimulation

Credits:16 ECTS
Level:You have to understand and master different optimization methods and be able to implement them in program languages or software packages. The methods include linear, non-linear and combinatorial problems in deterministic and stochastic environments.

Books:

Books indicative of the level are

  • Chvatal; Linear Programming; Freeman
  • Vanderbei; Linear Programming; Springer
  • Wolsey; Integer Programming; Wiley Interscience
  • Papadimitriou and Steiglitz; Combinatorial Optimization: Algorithms and Complexity; Dover Publications
  • Nocedal and Wright; Numerical Optimization; Springer
  • Law; Simulation Modeling and Analysis; McGraw-Hill Education

Informatics/programming

Courses:

Introduction to ProgrammingProgramming

Credits:

16 ECTS

Level:

You have to be able to program algorithms in procedural languages (Matlab) and in object oriented programming languages (Java).

Books:

Click on the link of the course to see the literature list in the course guide

Additional requirements Pre-master Econometrics and Management Science

In case your bachelor programme does not cover the all the courses mentioned above the examination board will review your application for possible admittance to the Pre-master Econometrics and Management Science.  In order to be reviewed for the Pre-master Econometrics and Management Science you do need to have obtained the equivalent of the following courses:

Please note: Having passed these required courses does not automatically mean that you are admissible for the Pre-master programme Econometrics and Management Science. Each application is individually reviewed by the Examination Board ESE.

Application procedure

Applicants for the master or pre-master programme Econometrics and Management Science need to follow the standard application procedure as is mentioned on our requirements website. In addition to the standard requested documents  please also upload a document with the following requirements to prove your sufficient mathematical background:

  • Include the course descriptions and literature list of the equivalent courses you think are relevant for the (pre-)Master Econometrics and Management Science. Complete university course guides will not be accepted;
  • Divide the courses into the clusters (Mathematics, Statistics, Economics, Econometrics, Operations Research, Informatics/Programming);
  • Include the course name and course code as mentioned on your transcript;
  • The document must be in English. Self-made translations are not accepted. The course description and literature list need to be taken from the university’s course guide or translated by a translations agency or notary office;
  • The document must be a pdf file.

Please see this example of the required document.