MSc in Econometrics and Management Science - Specialisation Quantitative Finance

Erasmus School of Economics - Erasmus University Rotterdam

Program Description

MSc in Econometrics and Management Science - Specialisation Quantitative Finance

Erasmus School of Economics - Erasmus University Rotterdam

MSc in Econometrics and Management Science – Specialisation Quantitative Finance

Finance looked at from an econometric angle

Do you have strong mathematical skills and do you want to put them to use in the world of finance? Are you looking forward to tackling global issues like the stability of the financial system and solve issues with regard to, for example, risk management and asset allocation? The Quantitative Finance programme covers all main areas of finance that require mathematical econometric techniques.

The programme is highly interactive and brought to you by practicing researchers that are involved in prestigious research projects and active advisors in the sector. Their teachings are based on the latest insights and focus on the econometric and quantitative skills to solve poignant financial issues, especially in areas like portfolio and risk management.

In the heart of Dutch and international finance

This Quantitative Finance programme benefits well from its location: Rotterdam has long been the home of numerous headquarters and key offices of leading financial institutions and firms. Many of these feel a strong connection with us and provide:

  • frequent guest lectures;
  • relevant topics for the course Financial Case Studies;
  • research internships.

Careers

A Master specialization in Quantitative Finance comes with excellent career prospects, both in the Netherlands and internationally. Despite the recent turmoil in financial markets, the demand for well-trained quantitative financial economists is still as high as ever and has in several areas even increased. Typically, your future lies with:

  • banks
  • asset management firms
  • hedge funds
  • insurance companies
  • pension funds
  • private equity houses
  • consulting firms
  • regulatory bodies like central banks

"Not only the theoretical side is covered, the practical application is considered as well"

Curriculum

Core courses

The Master’s specialization consists of seven core courses, a seminar course Financial Case Studies, and a Master’s thesis distributed over five blocks of eight weeks each.

The core courses help students to get acquainted with a wide range of topics that are essential for econometrics and finance. Many core courses include empirical assignments, with the aim of developing the necessary skills for applying the econometric techniques in practice.

Research project

During the seminar Financial Case Studies, small groups of students do an applied research project under the supervision of a staff member. The topics for these research projects are provided by the financial industry.

The last two blocks of the programme are devoted to the Master’s thesis, which can be theoretically-oriented or practically-oriented. Practically-oriented theses are usually combined with an internship or traineeship. The thesis is written individually under close supervision by one of the staff members of the Econometric Institute.

Courses/seminars

  • Asset Pricing (QF variant)
  • Financial Derivatives
  • Financial Econometrics
  • Quantitative Methods for Fixed Income
  • Bayesian Econometrics in Finance
  • Quantitative Risk Management
  • Portfolio Management
  • Financial Case Studies

Testimonials

Bart Keijsers

Portfolio management provides insight into the methods and theory on asset allocation, both short-term and long-term. Not only the theoretical side is covered, the application in practice is considered as well.

I thought it was very interesting to learn the various quantitative methods and the role of uncertainty in portfolio choice.

Joann de Zegher

The Master in QF endowed me with a rigorous understanding of the dynamics and mechanisms operating in the financial world. What is more, the Professors and my peers were among the most inspiring people I ever encountered.

The (team-) spirit, the skills, and the kick-start into a successful career that this Master provides are unique.

Tim van Leeuwen

The Quantitative Finance programme offers to challenge econometric courses in all the important topics used in the modern financial world. In addition, every student gets to apply theory in practice through a real case study for a financial institution.

Finishing this programme provides excellent career opportunities. Most QF students end up at investment banks, trading houses, insurers or large pension funds.

Cost & Fees

  • 2.060 € EEA/EU students *
  • 14.700 € NON-EEA/EU students **

*This is the statutory tuition fee for Dutch students, students from another country within the European Economic Area (EEA), the European Union (EU), Switzerland and Suriname who meet the statutory conditions.

**This is the institutional tuition fee for students for whom the statutory tuition fee does not apply. You have to pay the institutional fee if you:

  • don’t have an EU-, EEA, Swiss or Surinamese nationality.
  • have finished a Dutch programme and want to follow another programme on the same level.
This school offers programs in:
  • English


Last updated August 31, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2019
Duration
Duration
1 year
Full time
Price
Price
2,060 EUR
EEA/EU students; €14.700 NON-EEA/EU students.
Information
Deadline
Request Info
1 August for ESE students
Locations
Netherlands - Rotterdam, South Holland
Start date : Sept. 2019
Application deadline Request Info
1 August for ESE students
End date Request Info
Dates
Sept. 2019
Netherlands - Rotterdam, South Holland
Application deadline Request Info
1 August for ESE students
End date Request Info