M.Sc. On Campus

Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making

Amsterdam, Netherlands
•
Studyportals
  • Tuition Fee
    25370 EUR / yr
    2771 EUR / yr
    Unknown
  • Duration 12 months
  • Apply date
    Not specified
  • Start Date
    Not specified
  • Language English

About

The Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making programme at Vrije Universiteit Amsterdam equips you with cutting-edge methods and tools to tackle these challenges head-on.
Offered by Vrije Universiteit Amsterdam
Top 2% •
4.2
Studyportals
M.Sc. On Campus

Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making Vrije Universiteit Amsterdam

Highlights
Tuition fee
25370 EUR / year
2771 EUR / year
Unknown
Tuition fee
25370 EUR / year
2771 EUR / year
Unknown
Duration
12 months
Duration
12 months
Apply date
Unknown
Apply date
Unknown
Start date
Unknown
Start date
Unknown
Campus location
Amsterdam, Netherlands
Campus location
Amsterdam, Netherlands
Taught in
English
Taught in
English

About

The Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making programme at Vrije Universiteit Amsterdam equips you with cutting-edge methods and tools to tackle these challenges head-on.

Overview

The Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making programme at Vrije Universiteit Amsterdam combines advanced operations research methods with business engineering principles, preparing you to optimize complex business processes and drive data-informed decisions. Business engineering represents the intersection of business strategy and technical development, using mathematical models and frameworks to design and optimize processes that drive growth and performance. In today’s fast-developing business world, decision-making has become increasingly data-driven, requiring the integration of data analytics, statistics, and predictive modeling with process optimization. This specialization bridges the gap between mathematical optimization and business strategy, equipping you with the tools needed to help organizations make informed, objective, and measurable decisions that optimize outcomes.

Diverse Career Paths

The graduates excel across a wide spectrum of roles demanding strong quantitative and analytical skills. The growing importance of data science and AI has opened doors across all sectors, from technology companies to traditional businesses, where our alumni work on everything from predictive analytics to machine learning implementations. Many build successful careers in the financial sector at investment banks, asset management firms, and central banks, applying their expertise in risk modeling, financial data science, and algorithmic trading.

The increasing focus on sustainability has created exciting opportunities in climate analytics, where our graduates contribute to climate risk assessment, environmental impact modeling, and sustainable finance solutions. Others join leading consulting firms as data science consultants or quantitative analysts. Those drawn to research pursue PhDs or join research institutions and think tanks, contributing to economic policy analysis, climate research, and academic advancement. The versatility of our programme ensures that wherever data-driven decision making is valued, our graduates thrive.

Open Days

Join the Online Master’s Event on Thursday, 26 November, or the International Master’s Webinar on Tuesday, 6 October, to learn more about the programme and studying at VU Amsterdam.

Programme Structure

Courses include:

  • Combinatorial Optimization
  • Optimization and Learning via Stochastic Gradient Search
  • Operations Research Case
  • Optimization and Multiagent Systems
  • AI for Data Driven Decision Making

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Language

English
IELTS
6.5

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Credits

60 ECTS

Delivered

On Campus

Campus Location

  • Amsterdam, Netherlands

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

IELTS
6.5

IELTS & PTE Test Preparation

E2 Language Test Prep
Trusted by 7M+ Students
Start Studying Today

Admission to your dream university starts with a high IELTS or PTE score. Earn your target score with E2's guided test preparation.

  • Study on your own schedule
  • Live classes with current and ex-examiners
  • Accurate score assesment, always
  • E2 Score Guarantee - Get your score or your money back!

Other requirements

General requirements

  • Your previous education needs to be deemed equivalent to at least a Dutch academic Bachelor’s degree obtained at a research university (nominal duration 3 years).

Programme specific requirements

  • 18 ECTS in  Mathematics courses (Calculus and Linear Algebra) - Calculus Early Transcendentals, James Stewart, Cengage Learning, International Metric Edition 
  • and Linear Algebra and its Applications, David C. Lay, Steven R. Lay and Judi J. McDonald, Pearson Education 
  • 6 ECTS in Probability courses - A First Course in Probability, Seldon M. Ross, Pearson Education or Fundamentals of Probability, with stochastic processes, Saeed Ghahramani, CRC Press, Taylor and Francis Group 
  • 6 ECTS in Statistics courses - Statistical Inference, George Casella and Roger L. Berger, Cengage Learning 
  • 18 ECTS in Econometrics courses (including Time Series)  -  A Guide To Modern Econometrics, Marco Verbeek, Wiley 
  • 6 ECTS/basic skills in a programming language 

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.
  • International

    Non-residents
    25370 EUR / year
    ≈ 25370 EUR / year
  • EU/EEA

    EU/EEA Nationals
    2771 EUR / year
    ≈ 2771 EUR / year

Living costs

Amsterdam

Netherlands
1000 - 1500 EUR / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find Master's scholarship opportunities for Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
1000 USD
Deadline
30 Nov 2026
ServiceScape Scholarship

Read more about eligibility

ServiceScape
Location not available
Independent provider
Grant
4000 USD
Deadline
20 Dec 2026
OAS ISS Scholarship
Merit-based

Read more about eligibility

The General Secretariat of the Organization of American States
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2026
ACES Scholarships

Read more about eligibility

ACES Education Fund
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
5000 EUR
Deadline
Not specified
NL Scholarship
Merit-based

Read more about eligibility

Association of Universities in the Netherlands
Location not available
Independent provider
Grant
1550 EUR
Deadline
31 Oct 2026
ELES-Scholarship (Ernst-Ludwig-Ehrlich-Studienwerk)

Read more about eligibility

Austria’s Agency for Education and Internationalisation
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Queen Elizabeth Commonwealth Scholarships

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Oct 2026
$1,500 Annual Video Contest Scholarship
Merit-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
500 USD
Deadline
31 Oct 2026
CryptoRunner Scholarship

Read more about eligibility

CryptoRunner
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Mar 2027
Voice Talent Online Scholarship

Read more about eligibility

Voice Talent Online
Location not available
Independent provider
Grant
1000 USD
Deadline
06 Jan 2027
Jewish Heritage Scholarship
Merit-based

Read more about eligibility

Diamant Gerstein
Location not available
Independent provider
Grant
1000 USD
Deadline
13 Jan 2027
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
5000 CAD
Deadline
31 Dec 2026
Pinsky Law New Venture Development Scholarship
Merit-based

Read more about eligibility

Pinsky Law
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2026
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
10000 USD
Deadline
02 Feb 2027
Ritchie-Jennings Memorial Scholarship Program

Read more about eligibility

Association of Certified Fraud Examiners (ACFE)
Location not available
Independent provider
Grant
Various benefits
Deadline
31 Dec 2026
Grants of the Leopold Figl Foundation for students with residence in Lower Austria
Need-based

Read more about eligibility

Leopold Figl Foundation
Location not available
Independent provider
Grant
1500 USD
Deadline
Not specified
The Annual IELTS from 6 to 9 Scholarship

Read more about eligibility

IELTS from 6 to 9
Location not available
Independent provider
Grant
12000 USD
Deadline
11 Jan 2027
Tobacco Harm Reduction Scholarship Programme

Read more about eligibility

The Tobacco Harm Reduction Scholarship Programme
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available

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Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making
Vrije Universiteit Amsterdam
Econometrics and Operations Research - Business Engineering and Data-Driven Decision Making
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Vrije Universiteit Amsterdam

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