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2011 – 2012

Econometrics and Operations Research


This brochure contains information about the bachelor programme. There are separate brochures providing details about the master programmes. Visit www.rug.nl/masters

CONTENTS Econometrics and Operations Research in Groningen 1 1 2 2

Predicting the future and calculating optimal solutions Coherent programme Facilities About Groningen‌

The content of the degree programme 4 4 7 8 9

The Dutch education system Propaedeutic phase Post-propaedeutic phase Master’s phase Study abroad!

Student life 10 10

Introduction and student associations Study progress supervision

After graduating 12

Another way to do it

Admission 14

Tuition fees

Information and Enrolment 15 16

Information Addresses

No rights whatsoever may be derived from the contents of this brochure.


Welcome to The Netherlands Information for international prospective students

Situated in the north-west of Europe, the Netherlands is the gateway to Europe: one of the founding members of the EU, high standards of education, health care and social equality, and close to most European capitals. University of Groningen › 400 years of academic tradition and innovation › Leading research university › Study in an international environment › Dedicated to student involvement programmes Facts & Figures › 27,947 students › 3,100 international students › 139 nationalities › 9 faculties › Bachelor, Master and PhD programmes › 9 Graduate Schools › 83 English-taught degree programmes › 10 English-taught double degree programmes


Admissions requirements

Prospective students from outside the Netherlands Applications will be assessed on an individual basis. The admission procedure includes evaluating your academic credentials, this includes your preuniversity secondary school grades and diploma(s), the number of math credits you have earned and your English proficiency.

Cost of living: relatively low

The latest Worldwide Cost of Living Survey shows that living expenses in the Netherlands are modest compared to cities like New York, Paris, London and Beijing. In fact, it still enjoys one of the lowest costs-of-living in Europe.

Housing

Language course

€ 260–450 / month (administration € 300 once)

€ 100 –450 / course

Apply before

Food

Security deposit

› 1 May 2011 for non-EEA nationals (requiring a visa to enter the Netherlands) › 1 June 2011 for all other students

€ 200 / month

€ 325 / year

Money

Bicycle

€ 55 / month

€ 45–110 / used bike

Tuition Fee › EEA-students € 1,672 › non-EEA students € 6,800

Insurance

Total

€ 75–100 / month

€ 9,000–10,000 / year

Books and other study materials should come to no more than € 650 per year.

GRONINGEN AMSTERDAM

www › www.rug.nl/feb/prospectives (for details about admission and tuition fees) › www.feb-international.com (student ambassadors) › www.rug.nl/howtoapply (application other students) › www.rug.nl/insandouts (practical information in English)


ECONOMETRICS AND OPERATIONS RESEARCH IN GRONINGEN

Is it possible to calculate the optimal squad for Manchester United Football Club? Can you predict the price trend for the coming year of a specific equity fund? How many call centre operators are needed to achieve a three-minute maximum wait time? If you enjoy solving problems like these, then the Bachelor’s degree programme in Econometrics and Operations Research could be the right choice for you. Predicting the future and calculating optimal solutions Every day the news is full of macroeconomic figures. Just think about productivity rates, stock prices or growth rates. Econometricians use this immense amount of economic data to predict the future. If you decide to study Econometrics and Operations Research (EOR) you will learn to construct mathematical models to analyse economic data. With these models you will be able to compute the unemployment rates of a country, the Gross National Product, the stock price of a company or the future exchange rate of the Euro. Econometricians can also help to solve numerous complex and practical problems, such as what are the best locations for radio telescopes in Europe? They can construct a mathematical model that takes account of all sorts of aspects – not only the optimum depiction of the entire night sky, but also the construction costs, possible disturbance of the radio waves from busy cities and the suitability of the construction site. Such models enable econometricians to work out the best locations. Econometrics is derived from several disciplines, including mathematical economics, statistics, economic statistics, and economic theory. The goal of econometrics is twofold: to give economic theory empirical data and to empirically verify it.

Coherent programme The main objectives of the programme are to help students acquire a sound footing in economics, mathematics and statistics; become familiar with the range of important models at the heart of econometrics and operations research and how they can be put to best use; develop an aptitude for research; and become skilled in communicating mathematical and quantitative results. All of these things taken together will form your econometrics and operations research toolkit. This toolkit can be used to address a wide range of societal issues. What is the optimal level of co-payment in a publicly-funded medical insurance scheme? To reduce CO2 emissions, what is the optimal mix between increasing efficiency of energy production and reducing the level of energy demand? Your training will equip you to effectively analyse important economic, business and societal issues. Through a combination of mathematics, economics, and statistics using appropriate software, you will learn to translate your findings into viable solutions, and to present and defend your calculations and conclusions. Most students continue with a MSc after earning their Bachelor’s degree. The chances of finding work as an econometrician have always been high and it does not appear that this is about to change in the near future. Thanks to the options available in the final semester of the Bachelor’s programme, you will have every opportunity to focus on your

DIVERSITY AND COHERENCE The strongest point of the programme is its combination of diversity and coherence. It is unique to find econometrics and actuarial studies along with operations research. This means that our graduates have additional skills in dynamic financial analysis and extracting and manipulating data The building of the Faculty of Economics and Business

to perform actuarial pricing of various insurance and pension options.




ECONOMETRICS AND OPERATIONS RESEARCH IN GRONINGEN

own interests. Econometricians have a broad-based qualification and are therefore very versatile, working in diverse fields, both at home and abroad. You could end up in business, working for the government or doing research. The research could be at a university, but also in the research unit of a company or government agency. Facilities Surroundings are important. Our buildings are modern, comfortable and well equipped. The central library of the university has a core collection for each discipline. We also have our own library with an extensive – and always growing – economics and business collection, plenty of study spaces, meeting rooms, and a plaza café for short breaks. There is free wireless access throughout the complex so you can go on the Internet, read and send email, and check for updates on the student intranet (‘nestor’) with links to just about all programme-relevant information. What is the optimal route?

About Groningen… The city of Groningen is a great place to live! It is fun and vibrant and roughly one out of every six residents is a student. You will feel right at home. Groningen is large enough and has enough variety to be interesting and enjoyable, but small enough so that you’ll be able to conveniently get around by bike. You will soon find out that the cultural activities, nightlife, sports facilities and recreational opportunities are excellent!

www › www.rug.nl/feb/bsceor › www.rug.nl/feb/studiekiezers (Dutch prospectives) › www.rug.nl/feb/streetview › www.rug.nl/honours (Honours College University of Groningen)

Is this the programme for you? If you like economics, mathematics and statistics, enjoy problem-solving, have an ability to think logically and find modelling and software-assisted computations interesting, this could be the programme for you. Econometrics and Operations Research melds all of these aptitudes and skills and shows you how to apply them to an almost limitless range of issues.

Jurjen Boog (19) first year student in Econometrics and Operations Research

A very rewarding programme 

‘I like puzzles, thinking logically and analytically. Essentially, that’s what Econometrics and Operations Research is about: finding solutions to complex and intricate business and public policy questions using economic theory, mathematics, statistics and programming. I knew what I wanted to study. For me the difficulty was deciding where. I looked at several universities, but wasn’t sold on them. Then I came to Groningen for Student for a Day, a real taste of what it would be like to study here – sitting in on a lecture, participating in a group project, even sampling the nightlife. I’ve never regretted my decision. It’s a demanding programme – and entirely in English – but it’s also very rewarding. You never know what you’ll learn in Groningen. I’ve even taken up lacrosse, a game played by Mohawk and Cherokee Indians long before Europeans arrived in the Americas.’


UNIVERSITY OF GRONINGEN 27,957 students altogether 198 Bachelor’s students in EOR 5,971 first year students altogether 62 first year students in EOR 3,100 students from outside the Netherlands 5,500 employees 571 professors 58 Bachelor’s programmes 114 Master’s programmes 9 faculties 190 buildings 400,000 square meters of facilities 525 million euro annual budget

EXCELLENCE ALLOWED! Gifted and motivated students are given the opportunity to make the most of their talents via the University of Groningen Honours College. Completing this challenging programme will result in an additional Honours diploma. Students follow special Honours workshops and other deepening courses alongside their usual Bachelor’s degree courses. They also organize guest lectures and company visits. Students also follow a number of broadening courses and training programmes with Honours students from other faculties. There is a selection procedure. More information: www.rug.nl/feb/excellenceallowed.




THE CONTENT OF THE DEGREE PROGRAMME

The Bachelor’s degree programme in Econometrics and Operations Research consists of two phases: the propaedeutic phase (the first year) and the post-propaedeutic phase (second and third years). The Dutch education system Studying at a university is different from going to high school. An academic year has two semesters of 21 weeks each, September to February and February to July. We use the European credit and transfer system (ECTS) which expresses course workloads and learning outcomes in terms of credits. A credit represents 28 hours of time spent reading and studying, attending classes, participating in small groups, working on individual and team projects and the like. As students are required to devote more time to some courses, the number of credits designated per course varies. It takes 180 credits to earn a Bachelor’s degree. Teaching is done with lectures, tutorials and practicals. It is important that students prepare ahead for each lecture as all of the material cannot be covered in the time allotted for them alone. Lecturers focus on main points and on particularly difficult aspects of the assigned

literature. Material is discussed in much more detail in tutorials of 15 to 20 students each. Students and staff discuss the readings and lectures and go over individual assignments and joint work in the tutorials. Practicals give students an opportunity to work together in still smaller groups on assignments and presentations. Usually there is at least one written exam. Course grades normally are calculated based on exam results and marks earned on assignments. Propaedeutic phase Econometrics and Operations Research is about finding solutions to complex problems. It is a mixture of economic theory, applied mathematics, and statistics. It uses algorithms, statistics, simulations, mathematical modelling, and other computer-aided methods, as well as probability, queuing, game, and graph theories. It is about analysing complicated issues and finding viable solutions to them.

“One moment, please...” Many shoppers use call centres to order products. Retailers know callers won’t wait long at the phone. This is where econometricians come in. The first step is to define the objective, for example that 98 percent of callers get access to the correct staff person within one minute. With data showing how much time is required on average to handle a type of call, and how many of those kinds of calls can be expected at what times, analysts can find out how many employees with particular skills are needed and when.




THE CONTENT OF THE DEGREE PROGRAMME

The courses that you will take in the propaedeutic phase serve as the foundation for the remainder of the programme. You will take courses in modelling, statistics, mathematics, economics, finance, marketing, and English. As with the other programmes of the faculty, there are a considerable number of contact hours in the first year, up to 23 per week. The level of supervision is high to ensure that you get off to a good start.

how to cluster it into groups, and how to perform statistical tests and to run regressions. In short, you will learn to do quantitative research. You will apply the statistical techniques that you learn in this first year to economic problems later. The mathematics courses in this phase will help you to bring your math skills to the level necessary to do well in the courses in the remainder of the programme. They will provide an introduction to topics such as linear algebra, calculus, and advanced analysis.

Modelling The courses in Modelling emphasise the crucial link between theory and practice. You will see how the relatively abstract subjects of mathematics and statistics can be translated into models. The way in which models are used differs across areas. This makes the modelling courses a good platform for introducing the four major areas of the programme: Mathematical Economics, Econometrics, Operations Research, and Actuarial Studies. IT is also part of the modelling courses. It would be difficult to overestimate the importance of making full use of the calculative power of computers.

Microeconomics, Finance and Marketing In Microeconomics you will analyse the behaviour of producers and consumers and how their decisions are coordinated through markets which can be perfectly competitive, monopolistic, or oligopolistic. In Finance you will learn about the economic framework used in the field of finance and see how this framework can be used to tackle practical issues, such as a firm’s financing decisions and the value of its shares and bonds. You will learn in the Marketing course about markets and market segmentation and positioning, and will also learn about the four components of the marketing mix and how to implement them.

Statistical modelling Statistics is the ultimate tool for making sense of data. In Statistical Modelling you will learn to process data from surveys and other sources,

English is the universal language of science and business. It is essential that you be able to present well the results of your analyses in English. This course will help you improve your spoken and written English and

Optimisation of stock Compact city centres don’t have enough room for large supermarkets. The Japanese solution is the kombini: very small convenience stores open 24/7. Operations researchers have designed systems that link the stores in real time through interactive networks. Control centres track sales and dispatch delivery vans to stores up to four times daily making sure they are always fully stocked. The systems automatically adjust for holidays and community events that are likely to effect customer traffic. They even track weather forecasts to signal stores that umbrella displays or ice cream freezers should be repositioned nearer to the door.




Solving problems through logical thinking Lara Evertsen (21)

third year student in Econometrics and Operations Research

‘I really like the Econometrics programme because of its focus on mathematics. But that is just one aspect of the programme. It is a combination of mathematics, statistics and economics. At first you study the subjects separately, but later on you learn how to combine maths and statistics to solve economic problems. For instance, you create computer models for the annual claim frequency  in car insurance.  Some people think that this degree programme is quite hard, but I think that if you like mathematics you can handle it pretty well. The only thing that I find fairly difficult is the actual programming part. During the first year of the programme you have about 20 contact hours, but in the second year that number is reduced to 12. The number of people who study econometrics is relatively low, so most of the time you have to work in small groups. During the first 1.5 years of the programme you focus more on the ‘pure’ mathematics, statistics and economics. After that, the courses are more of a mixture of these three elements. Then you go on to solve actual economics problems with the help of mathematical theory and, most importantly, through logical thinking.’ › Lara tells more about predicting the price of oil in a video on www.rug.nl/video/ba-eor




THE CONTENT OF THE DEGREE PROGRAMME

become proficient in the vocabulary of econometrics and operations research. Following part of the Bachelor’s programme at a university abroad is encouraged.

A guide to successful investment Your Bachelor’s thesis will give you a chance to demonstrate your ability to think at a sound academic level. For example, you may build a

At the end of the first year you will be issued with a binding study advice. We presume that you will obtain all your credits. If you have not yet earned forty of the sixty credit points, you will have to stop your studies. You must also complete the first-year programme within two years. Post-propaedeutic phase In the second year and first semester of the third you will continue with mandatory courses. You will build on the propaedeutic coursework and deepen and broaden your knowledge in the four major topics: Mathematical Economics, Econometrics, Operations Research, and Actuarial Studies. Every project that you undertake will begin with an issue, problem or objective. Understanding the parameters is an essential first step that requires careful investigation. This will allow you to formally define the situation at hand, break it down into components, and determine appropriate analytical techniques such as statistical analysis, computer modelling and linear programming. Usually a model is modified and runs repeatedly. Interpreting outcomes and clearly expressing them in terms of possible solutions will be an important part of what you do. The four major topics of the Bachelor’s programme in Econometrics and Operations Research are described in more detail below.

mathematical model to investigate the direct and indirect effects of a multinational firm like Heineken on developing countries like Rwanda, Sierra Leone and Burundi.

Mathematical Economics In Mathematical Economics you will learn to formulate economic problems in mathematical terms and gain an understanding of the workings of economic systems. You will look at microeconomic problems relating to the decisions that individuals make, as consumers for instance, and at macroeconomic problems at the level of countries or blocks like the European Union. Econometrics In Econometrics you will learn the statistical methods used in economic practice. It is not enough to know that demand generally falls when prices rise. You will need to estimate the magnitude of the fall given the level of the rise. You will learn to make sophisticated calculations, usually using computer software, that let you estimate the degree of impact of supply and demand, consumer behaviours, economic growth and advertising.

BACHELOR’S PROGRAMME Econometrics and Operations Research FIRST YEAR

SECOND AND THIRD YEAR

English OR Modelling Mathematics Microeconomics Probability Theory Marketing Multivariate Analysis Sampling and Estimation Finance Hypothesis Testing Statistical Modelling

Linear Algebra and Convexity Programming Statistics Difference- & Differential Equations Finance Theory and Modelling Game Theory Macroeconomics (Dynamic) Econometrics Actuarial Science Operations Research Mathematical Economics Stochastic Models Risk Insurance Elective Modules Bachelor’s thesis




THE CONTENT OF THE DEGREE PROGRAMME

A difficult degree? There are no real stumbling blocks in the programme itself. But the emphasis on mathematics and statistics, especially in the first year, should not be underestimated. Typically a cohort has about fifty students. This allows for small class sizes, and also means that your progress can be carefully monitored. The Econometrics and Operations Research programme is feasible for students who actively participate, remain motivated, and stay on schedule.

Operations Research Operations Research focuses on making quantitative pronouncements, particularly about practical problems. The optimisation, queuing, and simulation models that you will learn to use differ in size, and especially in form and function. Those models and others can be applied in planning production and transportation, controlling inventory, allocating resources, and many other areas. You will learn which model is appropriate for what kinds of situations, and you will develop further the IT skills you will need to run them. Actuarial Studies With Actuarial Studies you will become familiar with an array of insurance products. We all run risks that may have financial consequences. On average the damage per insured person is not high if risk is spread out among many. You will learn to calculate risk and the benefits of collectively insuring against them. A broad distinction is made between indemnity and life insurance.

second semester of the third year you will write your Bachelor’s thesis. This thesis, centred on a particular research question, will be a test of your ability to apply the material of the previous semesters and of your mastery of research skills. Master’s phase There are many Master’s programmes available in the faculty through which you can gain supplementary knowledge and acquire credentials that might be required in your chosen field. For instance, the MSc in Econometrics, Operations Research and Actuarial Studies (EORAS), in which you would specialise in one of the three areas, gives you an opportunity to add to your qualifications. Most Master’s programmes take one year to complete. There is also a two-year Research Master’s programme that serves as a steppingstone to a career in academia. Details about all of the Master’s programmes are available online.

www Furthermore, you will have a chance to branch out by taking electives, either choosing from within the programme or perhaps taking a course offered by one of our sister programmes in the faculty. Finally, in the

ACCESSIBLE MASTER OF SCIENCE DEGREE PROGRAMMES › Econometrics, Operations Research and Actuarial Studies › Research Master’s programme in Economics and Business › Teacher training in Economics and Business Studies (Dutch-medium)

Career Office: Career services and internships Making the transition from student to professional is a challenge that starts as soon as you start to study. During your degree programme you will have several opportunities to prepare, like doing an internship, attending congresses and career activities, or going abroad. The Faculty of Economics and Business Career Office helps you to exploit these opportunities. It has an overview of internship offers and provides information about internships, career activities and the labour market. You have access to a network of interns who share their experiences through interactive blogs, and the career calendar is an overview of current career activities for students. More information on www.rug.nl/feb/career.



› www.rug.nl/feb/bsceor › www.rug.nl/feb/programmes (overview of courses) › www.rug.nl/feb/msc (Master’s programmes)


THE CONTENT OF THE DEGREE PROGRAMME

Fashion logistics Most clothing retailers need about a year to introduce a new line, but fashion changes quickly. Operations researchers at Zara, the world’s largest clothing retailer, have devised a new system. In-house designers create lines using input from “store specialists” monitoring sales and store managers reporting fashion trends. Unprocessed fabrics are stored, cut and dyed in companyowned facilities then shipped to independent sewing workshops. Even with inspection, tagging, and distribution, Zara gets new styles in stores within weeks. That response time means that Zara ends up discounting only 18 percent of their clothes, half the 36 percent industry average.

STUDY ABROAD! There are roughly a thousand Groningen students taking classes, doing senior projects and working in internship positions outside of the Netherlands each year. We believe that these are valuable educational and life experiences, and actively facilitate them. Studying abroad is not part of the programme of Econometrics and Operations Research, but you can apply to spend an additional semester at one of Groningen’s partner universities; choose from other institutions with which we have established relationships or find a place abroad yourself. It is important that you begin planning your semester abroad well in advance. The Exchange Office can give you valuable information about the many programmes and grants that are

available, let you know about practical matters such as visas, and put you in touch with students and academic staff from outside the Netherlands who are at Groningen and who may be able to help you. The exchange coordinator will be able to inform you about earning transferable credits while you are studying away from Groningen. Not only do we want our students to experience studying and living outside the Netherlands, but we also open our own doors. You are sure to meet one of the 3,100 or so students from other countries who come here annually to study, or hear one of the many guest speakers or be taught by academic staff members from abroad.




STUDENT LIFE

Your life as a student in Groningen will start with the general introduction week for all first-year students at the University of Groningen (KEI-week). Introduction and student associations The KEI-week is the perfect way to get to know the city and learn about all the cultural and sports activities for students in Groningen. At the end of August all incoming students attend the introduction of the Faculty of Economics and Business (FEB). Here, new students learn everything they need to know about studying at the FEB. You can also attend the introduction camp of the Economics and Business Student Faculty Association (EBF). One of the things that students will find out about is EBF itself, an organisation open to all students in the faculty that organises conferences and symposia, arranges company visits and study trips, and sponsors many other activities. Students will be especially interested in student association Vesting. The purpose of Vesting is to tighten the gap between abstract theory and the practical use of econometrics and operations research.

However, we will of course help you to do so. Together with other firstyear students, you will be assigned to a mentor group with a mentor. This senior student will help you quickly find your way around the Faculty. There are about 15 students in a mentor group. These are also the students you will share tutorials with. This small-group approach results in a lot of contact between students and between students and lecturers. You will have a progress meeting with your tutor (lecturer-supervisor) after every exam block. If you have specific studying problems, for example with exams, funding or study delay, you can call on the Faculty’s study advisors. If you have questions about studying in general, you can go to the University Student Desk.

www www.ebfgroningen.nl, www.devesting.nl (student associations)

Study progress supervision Unlike at secondary school, at university you are not supervised so closely. We expect you to work independently and plan your studies.

www.keiweek.nl (introduction week) www.lefier.nl, www.kamernet.nl (housing) www.groningenlife.nl (student life)

GRONINGEN, YOUR STUDENT CITY 187,295 inhabitants 52,000 students 33,700 or so student residences 54 student sport associations 36 pizza shops 199 bars 8 discotheques 2,743 cafĂŠ terrace seats 7 laundries 94 employment agencies 24 music stores 65 driving schools 31 bicycle repair shops 3,345 students weblogs 1 Best City Centre in the Netherlands 2006

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Maintaining contact with companies

Eelke de Jong (23)

third year student in Econometrics and Operations Research

‘Econometrics is about solving problems. We see a lot of different applications in tutorials and practicals, and this year I was on a committee that planned a conference on alternative energy sources that showcased others. What’s the relationship between fuel economy and efficient allocation of energy resources? How can the desire for a clean environment be balanced with the need for powering industry and for employment? Where’s the best place to put a nuclear power plant or a wind farm? I’m on the board of VESTING, the student association for Econometrics, Operations Research and Actuarial Studies, and my job is to maintain contacts with the companies that support our activities. I made close to forty company visits over the summer and heard again and again that especially in difficult economic times what managers are looking for is people who can think logically and systematically analyse problems, exactly the kinds of skills emphasised in the programme. That’s why companies invite us to their in-house days and job recruitment dinners, and why they want to participate in the career fairs on campus. The new semester is starting. There’s plenty of studying ahead, and good times with my friends too. Plus I have to decide on a Master’s programme. I’m looking forward to it all.’

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AFTER GRADUATING

You may decide to go directly onto the job market after earning a Bachelor’s degree. The broad-based skills you acquire in the general courses, combined with the in-depth training of your specialisation will give you the kinds of qualifications for which many employers are looking. As a result, your job prospects will be good. Nonetheless, while a Bachelor’s degree may meet the requirements for entry-level positions, almost all students decide to continue with a Master’s degree. Acquiring a Master’s degree will expand still further your career opportunities in the short and long term, at home and abroad. Graduates with MSc degrees in Econometrics, Operations Research and Actuarial Studies are found in a broad spectrum of occupations where IT, mathematical, and problem-solving skills are needed. Your degree will open doors to careers in business, government, and research. The world of business offers jobs in finance, insurance, logistics, manufacturing and marketing. You might work for an international company optimising firm logistics, setting up quality control systems, or planning the production of a new product and how to get it to market. You may choose to work for an insurance company devising new insurance products, or for a financial institution developing new financial vehicles.

Non-profit organisations, such as employers’ federations, trade unions, and consumer organisations also hire econometricians. The military also needs the kinds of skills that you will develop in the programme. Governments need the diverse skills that will make up your toolkit. For instance, as an econometrician working for the Netherlands Bureau for Economic Policy Analysis you might be asked to make short-term economic forecasts or to study the financial consequences of different policies. You could find a job with a provincial authority where you might make cost-benefit analyses of projects like a new highway or water treatment facility. Finally, you may want to pursue an academic career and so decide to enter into a PhD programme and end up teaching and doing research.

www www.rug.nl/feb/alumni (graduates site)

Another way to do it... Lydian Medema

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AFTER GRADUATING

Finding solutions is fun!

Willemijn Beelen (25) working graduate at TNT Post ‘It wasn’t an easy programme! But besides studying, I did a lot of different things while I was at the university. I worked as a student assistant, was active in The Knickerbockers, a student football association, and served on a committee and then the board of Vesting, the organisation for Econometrics students that tries to mix theory and practice. I went to Italy for a semester and had an internship at TNT Post, where I now work. Looking back I realise that each path led in its own way to my seeing where I’m strong and where I can improve. I’m an internal quantitative consultant at TNT Post. If a problem requires statistics, scenario calculations, simulation or optimisation, my department handles it. I definitely use on the job what I learned in the programme, like optimisation techniques, statistical analyses, and logistical lay-outs. I don’t use economic theories every day, but there’s a certain way of analysing things, of recognising important factors that I developed during the programme that I draw on all the time. You might think mail is mail, but actually no two projects are the same. Finding solutions and seeing them put into place is interesting, even fun!’ 13


ADMISSION*)

VWO

X

HBO

VWO/HBO

With a DUTCH VWO diploma

With a DUTCH HBO diploma

No DUTCH VWO or HBO diploma?

Candidates with the profiles Nature & Technology can immediately enter the Bachelor’s programme. Other profiles must be complemented with mathematics B.

With a HBO propaedeutic certificate it is also possible to enter the programme, on condition that you meet the required level of mathematics and English. You must at least have taken mathematics B1 (now mathematics B) at Dutch VWO level.

If you do not have a Dutch VWO or HBO diploma but are 21 or older, you may take the EOR admission exam, the ‘colloquium doctum’, for a fee of € 100,-. If you pass, you will be admitted to the Bachelor’s degree programme.

www › rug.studielink.nl (application Dutch students) › www.rug.nl/hoezithet (practical information Dutch students) › www.duo.nl (financial assistance Dutch students)

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LEVEL OF REQUIRED MATHEMATICS The website www.rug.nl/feb/mathtest will provide you with information, exercises, suggestions for reading and sample tests on the faculty’s required mathematics level. The faculty offers a Mathematics Entrance Examination twice a year for students with a Maths deficiency. The exams are only open to students already living in the Netherlands.

* ) Admissions information for Dutch applicants. Admissions information for international applicants can be found in the inside cover of this brochure. 14

Tuition fees for Dutch students There are no costs in addition to the tuition fees, € 1,672 for the 2010–2011 academic year. Books and other study materials should come to no more than € 650 per year.


INFORMATION AND ENROLMENT

Would you like to have more information about this and other programmes? Come and visit our information events. Information Day Friday, 5 November 2010; registering in time is compulsory › All bachelor programmes › In and around the Academy building, city centre Groningen › Each programme will offer a short presentation and give individual information › Lectures on housing, student life, etc. › Information booths Open Day on Location Friday, 4 March 2011; registering in time is compulsory › All bachelor programmes › Visit programmes on location › Visit one or two programmes of your choice › Lecture, trial class, tour of the building, information booths Last Minute Information Day Friday, 10 June 2011 › Morning programme: lectures on ‘numerus fixus’ (lottery admission), workshops on how to choose the programme that fits you best, information market, office hour by a limited number of programmes › Afternoon programme: visit one of the programmes of your choice

Student for a Day On Thursday 9 December 2010 and Thursday 7 April 2011 at Econometrics and Operations Research › For prospective students who have almost made up their minds › Intensive programme at one degree programme › The programme depends on the degree programme: lecture, tutorial, practical, dinner in the city › Many other degree programmes organize a ‘student for a day’ programme, but not all degree programmes › Register with the degree programme itself, via www.rug.nl/feb/eds If you need information on the events, check out www.rug.nl/studiekiezers, or call the Communication Office, (050) 363 9011. You will automatically be informed of all information events if we have your address. Enrolment Dutch nationals can enrol for this study programme on rug.studielink.nl. Studielink is an online national desk where you can take care of everything that has to deal with registering for higher education in the Netherlands. Studielink also offers the possibility to apply for study finance (DUO/IB-groep). International students can enrol via www.rug.nl/howtoapply.

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INFORMATION AND ENROLMENT

Friday, 5 November 2010 Information day November 2010 until August 2011 Enrolment Dutch students via rug.studielink.nl Students from outside the Netherlands enrolment at www.rug.nl/howtoapply, before 1 May (For ‘numerus fixus’ (limited admission) degree programmes the enrolment deadline is 15 May for Dutch and 15 April for international students) Thursday, 9 December 2010 Student for a Day Friday, 4 March 2011 Open day on Location Thursday, 7 April 2011 Student for a Day Friday, 10 June 2011 Last Minute Information Day August 2011 General orientation week (KEI‑week), orientation for student associations and the faculties Monday, 5 September 2011 Official start of the academic year

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For questions about enrolment, financial matters, etc. University Student Desk +31 (0)50 363 80 04 www.rug.nl/hoezithet www.rug.nl/insandouts For questions about on-site events Communication Office +31 (0)50 363 90 11 studiekiezers@rug.nl www.rug.nl/studiekiezers For questions about the programme Faculty of Economics and Business Student Support +31 (0)50 363 89 00 www.rug.nl/feb/studentsupport

Econometrics and Operations Research on the internet www.rug.nl/feb/bsceor Enrolment Dutch students via rug.studielink.nl Helpdesk Studielink +31 (0)88 424 76 00 Enrolment international students via www.rug.nl/howtoapply


MORE INFORMATION In addition to this brochure there are also two general information guides, titled Studeren in Groningen (available in Dutch; with information about all Bachelor programmes), and International Bachelor Degree Programmes (available in English; with information about the English bachelor programmes). Apart from comprehensive information about study possibilities at the University of Groningen, these brochures contain information about admission, application, registration, accommodation, student life, facilities for the disabled, language courses for students from minority groups, the labour market and more. To order the general information guides, please visit www.rug.nl/studiekiezers (for the Dutch guide) or www.rug.nl/ internationalstudents (for the English guide).

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September 2010

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Colophon Publication Communication Office, University of Groningen Text Gracefully Put Lay-out In Ontwerp Photos Johan Zwart, Jaap Roskam, Elmer Spaargaren, Michel de Groot

www.rug.nl/studiekiezers

www.rug.nl/internationalstudents

Econometrics and Operations Research  
Econometrics and Operations Research  

Econometrics and Operations Research overview at the Faculty of Economics & Business of the University of Groningen

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