Econometrics and Mathematical Economics

The Master's program in Econometrics and Mathematical Economics at Tilburg University offers a comprehensive and rigorous education designed to prepare students for analytical roles in academia, industry, and government. This program combines advanced coursework in economics, mathematics, and statistics, providing students with the skill set necessary to develop and apply quantitative models to real-world economic problems. Designed for students with a strong background in mathematics and economics, the program emphasizes the development of theoretical insights alongside practical analytical techniques. Throughout the program, students gain expertise in areas such as microeconometrics, macroeconometrics, game theory, decision theory, and computational methods, ensuring they are well-equipped to analyze complex economic data and derive policy-relevant conclusions. The curriculum incorporates a blend of lectures, seminars, and hands-on projects, fostering both theoretical understanding and practical application. Additionally, students have opportunities to engage in research, participate in internships, or collaborate on projects with organizations and institutions, enhancing their professional development. The program's structure is flexible, allowing students to tailor their studies according to their interests and career goals. Graduates of the program are well-prepared for careers in data analysis, economic consulting, financial modeling, and further academic research. The international environment and close ties with the business community and research institutes provide students with valuable networking opportunities. By choosing this program, students will gain a deep understanding of economic theories and sophisticated quantitative tools, enabling them to contribute meaningfully to economic research, policy-making, and industry innovation.

Econometrics and Mathematical Economics at Tilburg University is a comprehensive and rigorous interdisciplinary program designed to equip students with advanced quantitative skills and a deep understanding of economic theory. The program focuses on the development and application of mathematical and statistical methods to analyze economic phenomena, enabling graduates to contribute effectively to research, policy-making, and data-driven decision-making in various economic sectors.

Throughout the program, students acquire a solid foundation in microeconomics and macroeconomics, complemented by specialized courses in econometrics, mathematical modeling, and optimization techniques. The curriculum emphasizes both theoretical understanding and practical skills, encouraging students to apply quantitative methods to real-world economic problems using advanced software tools and programming languages such as R, Python, and MATLAB.

Students are introduced to statistical inference, time series analysis, machine learning, and big data analytics, preparing them to handle complex datasets and generate robust economic insights. The program balances core economic principles with applied methods, fostering critical thinking and analytical abilities essential for careers in academia, government agencies, international organizations, financial institutions, and consultancy firms.

In addition to coursework, students participate in research projects, seminars, and workshops that promote collaborative learning and expose them to current developments in econometrics and mathematical economics. The program also offers opportunities for internships and international exchange, allowing students to gain practical experience and global perspectives.

Graduates of the Econometrics and Mathematical Economics program at Tilburg University emerge as highly skilled experts capable of designing economic models, conducting empirical research, and informing policy decisions with rigorous quantitative evidence. With a strong emphasis on innovative analytical techniques and real-world applications, this program prepares students for dynamic careers in the increasingly data-centric world of economics and beyond.

Admission requirements

Proficiency in English is required. Students who obtained their Bachelor's degree in the Netherlands or are a native English speaker are admitted without an English proficiency test.

Other requirements

1. taaltoets cijfer De masteropleidingen zijn geheel of gedeeltelijk Engelstalig. Beheersing van de Engelse taal is dus een vereiste, en kan door de student aangetoond worden op de volgende manieren: *Een TOEFL-test met een minimale score van 575 (paperbased) of een score van 233 (computerbased) of een score van 90 (webbased); *Een IELTS-test met minimaal een 6,5 en een minimale score van 6.0 op afzonderlijke delen van de test; *Een Vwo-diploma met een voldoende voor Engels; *Cambridge Certificate of Advanced English (CAE) met een minimum score A, B of C; *Cambridge Certificate of Proficiency in English (CPE); *Cambridge Certificate of English: Business Higher (BCE); *Cambridge International Certificate in Financial English: C1 level;
2. taaltoets cijfer Proficiency in English is required. Students who obtained their Bachelor's degree in the Netherlands or are a native English speaker are admitted without an English proficiency test.
3. ingangstoets GRE General test: Our incoming students usually score above the 75% percentile on the GRE General test.
4. schriftelijk verzoek Students need to submit a motivation letter in their application
5. vooropleiding (ISPAC: vereiste vooropleiding) To be eligible for the Master's program in Econometrics and Mathematical Economics you must have a Bachelor's degree in Econometrics or a similar qualification from a university recognized by the Admissions Board.
6. vooropleiding (ISPAC: vereiste vooropleiding) Bachelor's in Econometrics and Operations Research or a similar qualification from a university recognized by the Admissions Board. We require you to have a solid academic background in mathematics and probability theory.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Financing for the Master’s program in Econometrics and Mathematical Economics at Tilburg University is primarily based on a combination of government grants, scholarships, and student loans, depending on the student’s nationality and financial situation. Dutch students generally qualify for government student loans and grants through the Dienst Uitvoering Onderwijs (DUO), which can cover tuition fees and living costs, especially for students enrolled full-time. International students, however, need to explore alternative funding options such as institutional scholarships, external scholarships, or private loans, as they typically do not qualify for Dutch government support. Tilburg University offers several scholarship programs to attract talented students from abroad, including the Tilburg University Excellence Scholarships, which are merit-based and offered to outstanding international applicants. Additionally, there are third-party scholarships and sponsorships that students can apply for, depending on their country of origin and academic achievements.

Tuition fees for the program are set by Tilburg University and vary depending on the student’s nationality. As of the latest academic year, the fee for EU/EEA students is generally lower compared to non-EU/EEA students, who pay higher international fees. The fees cover the cost of instruction, access to university facilities, and other academic resources necessary for the program. Students are advised to plan their finances carefully to include living expenses, which are estimated based on accommodation, transportation, books, and daily needs in the Netherlands. Tilburg University provides an estimated cost of living for international students, which includes accommodation, insurance, food, and miscellaneous expenses, totaling approximately €12,000 – €15,000 annually.

Students are encouraged to explore external funding sources such as Erasmus+ grants, which support students studying abroad within Europe, and international organizations offering scholarships for students pursuing economics or related fields. Many students also work part-time during their studies to supplement their income, with restrictions depending on their visa status. The university’s Career Services provide guidance on job opportunities and internships that can help finance students’ studies while gaining valuable experience. Overall, financing a Master’s in Econometrics and Mathematical Economics at Tilburg University involves a combination of personal savings, scholarships, student loans, and income from part-time work, tailored to each student’s individual circumstances and eligibility.

The Bachelor's programme in Econometrics and Mathematical Economics at Tilburg University provides students with a comprehensive education in the core principles of economics, combined with a rigorous training in quantitative methods and mathematical modeling. This programme is designed for students who have a strong interest in understanding how economic theories can be tested and applied using advanced statistical and mathematical techniques. Throughout the course, students develop a solid foundation in microeconomics and macroeconomics, along with specialized knowledge in econometrics, mathematics, and programming skills necessary for analysis and research.

The curriculum includes courses in mathematical analysis, linear algebra, probability theory, and statistical methods, which serve as the backbone for more advanced topics such as time series analysis, panel data analysis, and causal inference. Econometrics modules enable students to analyze real-world data, build economic models, and interpret empirical results. The programme emphasizes the application of theoretical tools to practical economic problems, preparing graduates for careers in finance, consulting, government agencies, and research institutions.

Students are encouraged to engage in internships and research projects, offering opportunities to apply their knowledge in real-world settings. The programme promotes a quantitative mindset, critical thinking, and problem-solving skills. It also offers options to specialize in areas like financial econometrics or economic policy analysis through elective courses. The interdisciplinary nature of the programme fosters a versatile skill set, enabling graduates to adapt to various roles in data analysis, policy evaluation, and economic modeling.

Furthermore, the programme benefits from Tilburg University's strong links with the professional field, academic research community, and industry partners, which enhances career prospects and networking opportunities for students. The international environment and small class sizes facilitate personal mentorship and active participation, enriching the learning experience. Upon completion, graduates are equipped with the analytical tools and economic insight necessary to pursue advanced studies or start a career in sectors requiring quantitative and economic expertise.