Holding a Master’s degree in Econometrics and Operations Research will give you excellent prospects for employment. You will be able to choose from career opportunities that are both exciting and varied. Econometricians find employment in the national policy research departments at planning agencies and government ministries, at financial institutions such as banks and insurance companies, and at business consultancy firms. Operations Researchers can be found in a range of industries, including logistics, innovative software development, transport and distribution, manufacturing and consultancy.
Admission requirements and application
Students with a Bachelor's degree that provides a thorough knowledge in mathematics and statistics (such as Econometrics, Mathematics, Management Science, Operations Research, Computer Science, Physics, Industrial Engineering, Electrical Engineering, Quantitative Economics) should have passed courses on Linear Algebra, Mathematical Analysis, Probability Theory and Statistics at the level mentioned below. Additionally, you need experience in programming in C/C++, Java, Matlab or a similar computer language.
Mathematics, Probability, and Statistics
The minimum requirement is to have sufficient knowledge of the following topics.
||S.M. Ross, A First Course in Probability, Prentice-Hall, 2002
||J.A. Rice, Mathematical Statistics and Data Analysis, second edition, Duxbury Press, 1995
||D.C. Lay, Linear Algebra and Its Applications, Addison-Wesley, 1997
||J.M. Howie, Real Analysis, Springer, 2001
||C. Edwards and D. Penny, Calculus, Prentice-Hall, sixth edition, 2002