Vrije Universiteit Amsterdam Programs: Tuition fees, Ranking, Scholarships, Application Deadlines & Entry Requirements

Master of Science [M.S] [Econometrics and Operations Research] From Vrije Universiteit Amsterdam

Amsterdam, North HollandLocation
UniversitySchool type
Estd1880established year
23919enrollment
Public
Partner [1 Courses]

Master of Science [M.S] (Econometrics and Operations Research)

1 year
Full Time
On Campus

Field of Study

₹15.5 L/Yr

€17,150 /Yr
  • Econometrics is the science and art of using statistical methods to analyze financial, marketing, and economic data, nowadays often Big Data. Operations Research is the science and art of making better decisions in economics, management, and finance using mathematical methods.
  • Econometrics Specializations:
    • Climate Econometrics
    • Econometrics and Data Science
    • Econometric Theory
    • Financial Econometrics
    • Marketing Data Science  
    • Quantitative Economics
  • The master's program in Econometrics and Operations Research at VU Amsterdam offers students an opportunity to develop their quantitative skills for their use in Finance, Marketing, Economics, and Business. Students will advance themselves in a field that is constantly developing and is always looking for people with the relevant quantitative know-how to make better decisions in the world of work, people, and economics.
  • The track Econometrics focuses on developments in theory, methodology, and application of econometric and statistical methods for the analysis of financial, marketing, economic, climate data, nowadays often Big Data. Econometrics connects to many academic disciplines including mathematics, statistics, computer science, economics, finance, and business studies, and is primarily concerned with the science and art of using statistics, data science, and econometric methods for the analysis of economic/finance/marketing/climate data. Specializations within the Econometrics trace are Climate Econometrics, Econometric Theory, Econometrics and Data Science, Financial Econometrics, Marketing Data Science, and Quantitative Economics.
  • The track Operations Research focuses on the development and application of quantitative methods for analyzing economic issues. Operations Research connects to many academic disciplines including mathematics, computer science, finance, and business studies, and is concerned with optimizing strategic and operational business processes that can be found in, for example, transport networks, stock management, and advanced decision support systems. Specializations within the Operations Research track are Financial Engineering, Operations Research Theory, and Quantitative Logistics.

Tuition Fees

Year1st Year Fees
Tuition Fees₹1545215 (EUR 17150)

Eligibility & Entry Requirement

Academic Eligibility:

Operations Research Track:

  • The Master's program Econometrics and Operations Research, track Operations Research,  is open to students with a university Bachelor's degree that provides a thorough knowledge in mathematics.
  • The requirements of admission are that the applicant has followed courses in Linear Algebra, Probability Theory, Analysis, and Statistics at the level of our Bachelor EOR.
  • It is important that students have experience with optimization and numerical programming in, for example, Python, R, Matlab, Java, or C/C++.

Econometrics Track:

  • A university Bachelor's degree that provides a thorough knowledge in mathematics (analysis, calculus), probability, (mathematical) statistics, econometrics, and computer programming.
  • If students can show certified exam results for courses that are related to the subjects and are of a comparable level (each course with a workload of 6 EC or close to it), this is satisfactory. The equivalence will be evaluated by the Examination Board and its approval determines the admission.
  • Basic knowledge of computer programming is also required.

Indian Eligibility:

Indian students are eligible to apply if they meet the following eligibility criteria:

  • VU Amsterdam requires all applicants to take an English test. Exceptions are made for students who have completed a bachelor's or master's in Canada, the USA, UK, Ireland, New Zealand, or Australia.
  • TOEFL and IELTS tests must have been completed no more than two years before 1st September of the year in which your course starts.
  • Note: TOEFL MyBestScore is not accepted.

International students hailing from non-English speaking countries also need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.


Scores Required

92 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Orange Knowledge ProgrammeScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
University of Twente Holland ScholarshipScholarship per student₹ 4.9 L/Yr$5,419Level Of StudyBachelorTypeMerit-Based
Holland ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
World Citizen Talent ScholarshipScholarship per student₹ 4.9 L/Yr$5,432Level Of StudyMasterTypeCollege-Specific
Maastricht University Holland High Potential ScholarshipScholarship per student₹ 28.3 L/Yr$31,366Level Of StudyMasterTypeCollege-Specific
Amsterdam Merit ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based


Options Available

ProgramDelivery TypeDurationProgram TypeTuition Fees
M.S Econometrics and Operations Research - Econometric Theoryfull time1 yearon-campus₹1708205.9
M.S Econometrics and Operations Research - Financial Econometricsfull time1 yearon-campus₹1708205.9
M.S Econometrics and Operations Research - Financial Engineeringfull time1 yearon-campus₹1708205.9
M.S Econometrics and Operations Research - Marketing Data Sciencefull time1 yearon-campus₹1717035.7
M.S Econometrics and Operations Research - Operations Research Theoryfull time1 yearon-campus₹1708205.9
M.S Econometrics and Operations Research - Quantitative Economicsfull time1 yearon-campus₹1708205.9
M.S Economics - International and Macroeconomic Policyfull time1 yearon-campus₹1708205.9

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