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MSc Econometrics and Mathematical Economics (EME)
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Questions of interest
• What will Dutch and European inflation levels be in 2018?
• In order to decrease unemployment, does it help to lower minimum wage?
• In negotiations, what is a ‘wise’ strategy?
• How to finance infrastructure projects?
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…
• Risk Manager (Aegon, AXA, ING,…..) • Consultant (Capgemini, Deloitte, Quitiq,…..)• (Big) data analyst (Greenhouse, Building Blocks,
…)• Management Trainee (ORMIT)
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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 models, and more
What are job-opportunities for women, elderly, young? Structural and reduced form modelling
What is the pension system of the future? Rational and ‘irrational’ behavior
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and ...
How to invest capital under uncertainty? Financial and real option theories
How will people respond to tax-rule changes? Strategic responses versus evidence-based
How to analyze big data? Statistical principles and concrete techniques
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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 (6 ECTS each) + thesis (18 ECTS)
• Choose at least four out of seven core courses, and choose up to three electives
• Premaster, if needed: custom-made
• Master thesis: typically on the basis of an internship.
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
• Spring semester:
• Data Science Methods (Unit 3)
• Time Series and their Applications (Unit 3)
• Dynamic Real Investment (-> Dynamic Economic Models)
• Games and Cooperative Behavior (-> Game theory and applications)
Example Programs
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• To help you compose your program a number of example programs have been developed.
• For each example program we indicate for whom this program is interesting and what first typical job(s) to expect.
• Example programs will be available for:
• Economics
• Marketing
• Finance
• Mathematical Economics
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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
Possibilities for double degrees
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• Double degree with MSc Marketing Analytics
• Choose 5 courses from MSc EME and 5 courses from MSc Marketing Analytics
• Write two theses (possibly on one topic)
• Ideal if you want to use econometric skills in marketing
• Double degree with MSc Business Analytics and Operations Research
• Choose 5 courses from MSc EME and 5 courses from MSc Specialization BAOR
• Write two theses (possibly on one topic)
• Ideal if you want to combine econometrics and optimization
• Two diplomas with 10 courses and two theses!
• You het two degrees!
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Entry requirements
Bachelor’s program Econometrics & OR
Other background with sufficient mathematics and statistics
Individual deficiency program (tailor-made pre-master’s of maximally 30 ECTS)
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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: Pension, Aging and Retirement
• Specialization in four TiSEM MSc Programs:• Finance• Economics• Econometrics and Mathematical Economics• Quantitative Finance and Actuarial Science
• An example program will be available
NetsparNetwork for Studies on Pensions, Aging and Retirement, since 2005
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Improvement on financing options for old age in NL and EU
Developmentof knowledge. Annually > M€ 1 for project grants.Longterm and short, hot topic projects in interaction with the industry and government
Leveragefor innovation; sector-relevant analysis and policy briefs
Triple HelixScience, Pension and insurance sector and government
Network for intrinsically motivated partners
In chargepartners determine the research agenda and prioritize projects
Sharingknowledge by events, papers, and master and executive education, internships
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• Monthly activities program, including company visits• Internship program with Netspar’s partners• Access to Netspar Network, events and activities• Netspar Thesis Awards• Netspar certificate with your Master diploma• Good job opportunities
What Netspar offers you
Post-graduation examples
Research and Development (R&D)
Auctioning (telecom, petrol stations)
Life cycle decisions (savings, portfolio choice, employment, health)
Dynamic investment in capital (computers)
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
You can meet the program coordinator at the information market in the Cobbenhagen building (building C) from 19.00 – 21.15 hrs.
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:www.tilburguniversity.edu/education/masters-programmes/admissionprocedure/feb/
Admission & Application
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Questions?Academic Director
Anja De Waegenaere +316 8325 5784
orBas Werker +316 5384 7467
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