Econometrics is a division of economics that uses the linear regression model, along with other mathematical formulas, to provide statistical analysis of many different economic policies and methods. Econometrics is necessary to help determine whether or not intended policies will actually develop as intended in the real world.

With university education being upper most level in the education system of the Belgium, the government has put more emphasis to make sure that the students’ lives is made as simple as possible through the loan and grants programs. They offer sponsors for international students with poor and vulnerable backgrounds who would like to study in this country.

The MSc, or Master of Science, is an internationally recognized academic degree that indicates proficiency and knowledge of a given topic or field. Most MSc programs take about four years to finish, after which some join the workforce while others continue on in the classroom.