Econometrics and Operations Research

The BSc Econometrics and Operations Research (EOR) in Groningen teaches you all about mathematical modelling. The combination of the four profiles makes this programme unique: econometrics, operations research, actuarial science and mathematical economics. If you like economics, mathematics and statistics, enjoy finding solutions to complex problems and have an interest in mathematical modelling and software-assisted computations, then this could be the programme for you.

• Econometrics is about the statistical methods needed to estimate the relation between variables. How does the gas price influence travel behaviour?
• Operations research focuses on optimal decision-making and finding approximate solutions to complex real-life problems. What is the most efficient route (time/distance) to deliver a number of packages?
• Actuarial science is about modelling the risks faced by, for instance, insurance companies and pension funds. How are pensions related to people living longer?
• Mathematical economics studies how economic actors (individuals, government, companies) interact with each other.

The combination of these four profiles provides an extensive modelling toolkit for solving a wide range of economic and business problems. Many course units in the programme provide the opportunity to practise modelling on the basis of real-life cases and data, thus providing optimal preparation for your future career as an econometrician, operations research specialist, or actuary.