MSc Econometrics and Mathematical Economics (EME)

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Questions of interest

• What will Dutch and European inflation levels be in 2020?

• In order to decrease unemployment, does it help to lower minimum wage?

• In negotiations, what is a ‘wise’ strategy?

• Does a marketing campaign increase sales?

Econometrics and Mathematical Economics

Quantitative analysis of economic problems using statistical (data) analysis using mathematical modelling

Focus on underlying concepts to be prepared for the

unforeseen techniques and issues in demand of employers

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Broad career opportunities…

• (Big) data analyst (Greenhouse, Building Blocks, …)• Consultant (Capgemini, Deloitte, Quitiq, …)• Management Trainee (ORMIT)• Risk Manager (Aegon, AXA, ING, …)

• …

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… as a result of fundamental training

The Tilburg University EME program focusses on

• sustainable training (techniques and applications)

• lectures by top researchers

• ‘guaranteed’ job opportunities

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Job Opportunities

Elsevier (June 2015):• 73% young graduates prefers permanent job.

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Further examples of questions/techniques

How do consumers choose products? Binary and multinomial choice [Microeconometrics]

What are job-opportunities for women, elderly, young? Structural and reduced form modelling [Panel data]

Matching schools and pupils Which algorithm to use? [Games and economic models]

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and ...

How to predict stock prices and interest rates? Are they predictable? [Empirical Finance/Time series]

How will people respond to tax-rule changes? Strategic responses versus evidence-based [Dynamic

economic models]

How to analyze big data? Statistical principles and concrete techniques [Data

science methods]

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Entry moments

• Two entry moments: September and February

• Entry in September• Fall semester: 5 courses• Spring semester: 2 courses + Master’s thesis

• Entry in February• Spring semester: 5 courses• Fall semester: 2 courses + Master’s thesis

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Structure of EME program

One year program

– 60 ECTS

Seven courses-

42 ECTS

Four core courses

Three electives

Thesis-

18 ECTS

Typically based on internship

Premaster(optional)

Core courses (choose 4 out of 7, 24 ECTS)

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• Fall semester:• Empirical Finance (Unit 1)• Microeconometrics• Panel Data Analysis of Microeconomic Decisions• Games and Economic Models

• Spring semester:

• Data Science Methods (Unit 3)• Time Series and their Applications (Unit 3)• Dynamic Economic Models

Electives

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• Broad range of possible electives

• You can choose to:

• Acquire advanced business analytics skills (optimization/big data)

• Specialize in marketing analysis

• Learn more about economics

• ………

• Through your choice of electives, you can prepare for a job as data scientist, quantitative economic analyst, policy advisor, consultant, quantitative marketing analyst…….

Possibilities for double degrees

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• Possibilities for double degree with • MSc Marketing Analytics • MSc Specialization Business Analytics and Operations

Research

• Ideal if you want to specialize in marketing, or want to combine econometrics and business analytics

• Two diplomas with 10 courses and two theses

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Master’s thesis (18 ECTS)

• Highly appreciated part of program• One-on-one supervision• Written on a subject of choice (to be approved)• Possibility to combine with internship

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Entry requirements

You can enter automatically if you have: A bachelor’s degree in Econometrics & OR Another background with sufficient mathematics and statistics

If you have deficiencies, we offer an individual (tailor-made) pre-master’s program: Maximally 30 ECTS (5 courses) Focus on necessary technical skills

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Pre-master would focus on necessary techniques

• Mathematics:• Mathematical Analysis• Linear Algebra• Differentiation and Integration Theory

• Statistics:• Probability and Statistics• Statistics for Econometrics• Econometrics

Netspar track: Will you design the financial life cycle of the future?

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Watch our intro video on YouTube (NL; 2,5 minutes)

NetsparNetwork for Studies on Pensions, Aging and Retirement, since 2005

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WHAT WE OFFER / WE EXPECT FROM YOU

Netspar Track offers:• Monthly activities program, including company visits• Internship program with Netspar’s partners• Access to Netspar Network, events and activities• Netspar Thesis Awards• Netspar certificate• Good job opportunities

Netspar Tracks expects:• Visit Netspar introduction meeting • Attend a minimum of 5 Netspar activities from the monthly activities program• Attend and pass your (mandatory) courses• Participation Student Pension Day • Thesis on Netspar related topic (internship, real-life case, etc.)

WHAT ALUMNI THINK

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7,7 for college year 2015-2016

Student satisfaction

“Looking for an internship I discovered how incredible

valuable the contacts of Netspar in the industry are.” -

Gijs Vereijken

“Netspar is the place where you get opportunities to communicate

with the brightest minds in this area, and joining them in building

a more sustainable pension system.” - Yuan Yue

Would you recommend the Netspar Track?

100% YES

Watch Georges de Boeck on YouTube (NL; 1 minute)

Post-graduation examples

Research and Development (R&D)

Auctioning (telecom, petrol stations)

Life cycle decisions (savings, portfolio choice, employment, health)

Efficiency of business processes

Big data sets (savings, pensions)

Role of Rotterdam and Schiphol for the Dutch economy

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and …

Macroeconomic developments (unemployment, GDP, retirement)

Regulation and deregulation of markets (cartel forming, monopoly, privatization)

Provision of public goods and public utilities (health care, water, public transportation)

Labor market (minimum wage, migration, women participation, pensions)

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Program Coordinator

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• Program information• Planning• Electives• Study skills• Special

circumstances• Study results• Extracurricular

activities

Anna Slump

econometricsprograms-tisem@uvt.nl

You can meet the program coordinator at the information market in the Cobbenhagen building (building C) from 19.00 – 21.15 hrs.

Admission & Application

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For all students:• Enroll via Studielink

Non-TiSEM students who want to enroll in a (Pre-)Master also need to:• Submit an application for admission

For more information go to:https://www.tilburguniversity.edu/education/masters-programmes/admission-application/

Questions?Academic Director

Anja De Waegenaere +316 8325 5784

a.m.b.dewaegenaere@tilburguniversity.edu

orBas Werker +316 5384 7467

b.j.m.werker@tilburguniversity.edu

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