Bachelor Econometrie en Operationele Research

Program and courses BSc Econometrics and Operations Research

In the Bachelor’s program in Econometrics and Operations Research, you will learn how to create mathematical and statistical models in relation to the most challenging problems in economics and business. You will then learn how to use and apply these models to reach the most optimal solutions. If you are good at economics, mathematics and statistics, and if you thrive on solving real problems by thinking analytically and logically, then you will excel in this program.

Video: short overview of the Bachelor's program (02:41)

Program structure and content

This program was designed for students who have an aptitude for mathematics and are enthusiastic about applying mathematics to real-life problems. This is reflected in the curriculum of the program. You will first learn the basics of mathematical and statistical theories. Then you will build on these basics by learning how to design mathematical models and by performing the necessary analyses to help a company or organization thrive.

Unique in the Econometrics and Operations Research program is the Improving Society Lab EOR. During year one and two a series of lectures will allow you to immerse yourself in the real-life applications of Econometrics and Operations Research, and practice this yourself. In the third year you can participate in Career perspectives EOR. In a series of five to seven sessions, guest speakers, who are experienced professionals, will be invited to the campus to speak about their company and give striking examples of the issues they have encountered in practice.

First Year Content

The first year of Econometrics and Operations Research is divided in four units. Throughout the year, you study a combination of subjects focused on mathematics, and subjects focused on economics and business.

Right from the start, you will also take part in the Improving Society Lab, where you will discover that Econometrics and Operations Research can really improve society in an essential way. The Improving Society Lab for EOR will show you the range of careers which are open to you as a graduate from this program.

Unit 1

  • Macroeconomics for Econometrics
  • Introduction Analysis & Probability Theory
  • Linear Algebra
  • Improving Society Lab

Unit 2

  • Mathematical Analysis 1
  • Linear Optimization
  • Introduction Analysis & Probability Theory (a course running along two units)
  • Improving Society Lab

Unit 3

  • Mathematical Analysis 2
  • Microeconomics for EOR
  • Probability and Statistics
  • Improving Society Lab

Unit 4

  • Introduction Econometrics
  • Introduction Finance & Actuarial Science
  • Probability and Statistics
  • Improving Society Lab

During the year: Pass mentoring program focused on social cohesion, study success and personal development

Second Year Content

From the second year on, the program switches to a semester system. In addition to the mathematical and statistical courses, there is room for a number of courses which provide an orientation to the quantitative Master's programs at Tilburg University.

You will develop important skills in the course Communication and Information Skills. The Improving Society Lab EOR  will continue to run alongside the main curriculum.

Semester 1

  • Computer Programming for EOR
  • Introduction Mathematical Economics
  • Advanced Linear Algebra
  • Communication and Information Skills
  • Statistics for Econometrics
  • Improving Society Lab

Semester 2

  • Introduction Asset Pricing
  • Stochastic Operations Research Models
  • Econometrics
  • Differentiation and Integration Theory
  • Improving Society Lab
Third Year Content

In the third year, you can specialize in the field of your interest by choosing courses from a range of electives that follow the three main fields of econometrics:

  • Econometrics and Mathematical Economics (Auctions, Bargaining and Networks, Game and Economics Behavior, and Computational Aspects in Econometrics)
  • Business Analytics and Operations Research (Combinatorial Optimization, Inventory and Production Management, and Operations Research Methods)
  • Quantitative Finance and Actuarial Science (Life Insurance, Quantitative Finance, and Risk Theory).

Want to go international? You can go on exchange during your final year, and follow subjects at a partner institution of Tilburg University.

Electives & Courses 

If you choose to stay in Tilburg and not go on exchange, you will choose from a range of electives in Semester 1. In Semester 2, all students choose electives to take alongside their thesis. 

Electives & Courses of Semester 1:

  • Philosophy of Science and Statistics (Compulsory course)
  • Computational Aspects in Econometrics (Elective)
  • Quantitative Finance (Elective)
  • Data Analytics for Non-life Insurance (Elective)
  • Combinatorial Optimization (Elective)
  • Games and Economic Behavior (Elective)
  • Optional: Software workshops

Electives & Courses of Semester 2: 

  • Philosophy of Economics and Economic Ethics (Compulsory)
  • Operations Research Methods (Elective)
  • Inventory and Production Management (Elective)
  • Auctions, Bargaining and Networks (Electives)
  • Life Insurance (Elective)
  • Econometrics for Policy Analysis (Elective)
  • Optional: Software workshops

Bachelor's thesis

You finalize your third year by writing your Bachelor’s thesis: the final research project to crown your Bachelor’s degree.

Guest lectures

In the third year you have the option to take part in Career perspectives EOR. In a series of five to seven sessions, guest speakers, who are experienced professionals, will be invited to the campus to speak about their company and give striking examples they have encountered in practice.

  • The sessions 'Business Analytics and Operations Research Mastermind' are related to the program of Business Analytics and Operations Research
  • The sessions 'Options for the Future' relate to Financing and Actuarial Services

  • The sessions ‘Career perspectives for Econometricians’ related to Econometrics and Mathematical Economics

The sessions will be the ideal opportunity to get to know the latest trends and applications of Econometrics and Operations Research in practice. You will get to know companies and it might help you decide which direction you want to go with your master’s program and future career!

Study abroad: going on exchange

We encourage all students to gain international experience. A popular and very exiting option is to go abroad on exchange. As an exchange student, you study at one of the many international partner universities of Tilburg University, typically for one semester.

The Study Abroad & Exchange Office of Tilburg University will be available to help you research the opportunities within your study program and a dedicated Study Abroad & Exchange Coordinator will be advising you before, during and after your exchange.

Most students will be eligible for a grant or scholarship to financially support them during their exchange experience. Additional grants for students with special needs or a difficult financial situation are also available.

More on studying abroad

You will find a detailed description of the courses and required literature in our course catalog.

Go to the course descriptions


Please note: programs are subject to change. We advise you to look up the current program in OSIRIS Student at the start of the year.


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Why Econometrics and Operations Research in Tilburg?

  • Study with lecturers who are very experienced in the fields of quantitative finance, operations research, quantitative logistics, mathematical economics and econometric methods.
  • There is a great focus on applying theory in practice, in subjects such as the Improving Society Lab, something that sets the program in Tilburg apart from other Econometrics programs.
  • Tilburg University is well known for Economics and Econometrics as is reflected in prominent international (subject) rankings.

Interested in the Bachelor's program in Econometrics and Operations Research?

Check your eligibility and the deadlines for application