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Business and Management and Economics
Master Econometrics: Complexity and Economic Behaviour (track)
Master Econometrics: Complexity and Economic Behaviour (track)

Master Econometrics: Complexity and Economic Behaviour (track)

  • ID:UvA310076
  • Level:Master's Degree
  • Duration:
  • Intake:

Fees (EUR)

* Visa/residence permit, Books

Estimated Total/program:
Accept letter

Admission Requirements

Entry Requirements

  • Academic Bachelor's degree

  • GMAT

  • Motivation and initiative

  • Academic Referee

English Requirements

In your application, you have to verify your English proficiency. You can do this by providing 1 of the following English proficiency test scores:

  • TOEFL IBT: a minimum of 92 points overall and a minimum of 22 points for each sub-score (TOEFL institution code: 9011). The TOEFL Home Edition is allowed for the September 2022 intake.

  • IELTS (Academic test): a minimum of 6.5 overall and a minimum of 6.0 for each sub-score. The IELTS indicator test is not allowed.

  • Cambridge Assessment English

    • Certificate in Advanced English: 180 points overall and in each skill or

    • Certificate of Proficiency in English: 180 points overall and in each skill.

Test scores must also conform to the following guidelines:

  • Make sure you schedule your English proficiency test before the application deadline. 

  • Test scores received after the application deadline are accepted, as long as your English proficiency test was taken before the application deadline.

  • Your English proficiency test score cannot be more than 2 years old before the start date of your programme. For example, if you are applying for the September 2022 intake we do not accept English proficiency tests taken before September 2020.

Be sure to plan your test on time; test dates fill quickly and it can take several weeks for you to receive your results. Applications without a sufficient score or with a test date after the application deadline, will not be accepted.



Course Information

Advise on market development and behaviour

In the Complexity and Economic Behaviour track you will study economic theory, and learn about the complex calculations that govern today's advanced market configurations and pricing structures. Our teaching staff has a high regard for critical thought, so expect challenging discussions and a steep learning curve.

  • Gain deep insight into the behaviour of companies, governments, financial traders and private consumers in different market circumstances and dynamics.

  • Acquire the skills necessary for mathematical and statistical modelling.

  • Become an expert in the mechanics that channel contemporary auctioning and model dynamic economic behaviour.

More information click :here

The programme

The curriculum for the Master’s in Econometrics is quite demanding, with classes taking up 12-15 hours a week on average. An additional 25 hours are required for class preparation, homework, debates, casework and computer time.

  • Choose your specialisation track

    Our Master’s programme in Econometrics consists of a common part for all students and a specific part where you follow courses related to the specialisation track of your choice. After the joint 1st period, you can choose the track that suits you best:

    • Complexity and Economic Behaviour
      Learn to understand the complex calculations that govern markets and pricing structures.

    • Data Science and Business Analytics
      Correlate and interpret the petabytes of data, generated every day by social media and the internet.

    • Econometrics
      Explore economic complexity using real data and statistical tools to analyse economic or business problems.

    • Financial Econometrics
      Study the techniques used to analyse financial markets.

    If you want to pursue a Master’s degree in Econometrics as well as in Mathematics, you can follow one of our Double Degree MSc programmes. These programmes consist of courses (150 credits) balanced between 2 schools: the Amsterdam School of Economics and the Faculty of Science.

    More about the Double Degree Master’s programmes

  • Choose your electives

    Each track has its own selection of electives for you to tailor the programme to your interests and ambitions.

    • Electives track Complexity and Economic Behaviour

    • Electives track Data Science and Business Analytics

    • Electives track Econometrics

    • Electives track Financial Econometrics

Advanced Econometrics I

In this course you will gain a deep understanding of econometric theory, practice and inference. You will learn how to apply advanced econometric techniques in practice, extend available methods for particular applications and how to implement them in a matrix programming environment. Also you will learn to understand and derive their statistical properties.

Theory of Markets

In this course you will study the microeconomic theory of perfect and imperfect competition. Learn under what conditions markets perform well as a means to organise economic activity (and under what conditions they do not).

Data Science Methods

In this course you will cover the basic theory of multivariate data analysis and of statistical methods in data science. You will focus on the most relevant multivariate techniques, as well as their application to econometric data in computer lab sessions. We will introduce you to Python, NumPy and pandas, data scraping, cleaning and wrangling. 

Advanced Econometrics II

In this course you will build upon the general knowledge you acquired in Advanced Econometrics 1. You will gain a deep understanding of econometric theory, acquire the technical skills to conduct inference and be able to implement these techniques using software like MATLAB, R or Python.


The Master’s thesis is the final requirement for your graduation. It is your chance to dive deep into an econometrics or data science topic that you are enthusiastic about. You present your research and findings in your thesis. A professor in your econometrics field of choice (track) will supervise and support you in writing your thesis.

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Pre Courses

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Pathway Courses

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Career Opportunity

Career Opportunity

Where do our graduates work?

A lot of our students find a job even before they graduate. And with good reason: our graduates are highly sought after following an excellent training in econometrics and data science. We have a full research programme dedicated to the field. So you will gain insight in the latest theories and techniques, to bring with you to your 1st employer.

Graduates can be found in a wide variety of private and public organisations, such as:

  • financial institutions and banks;

  • research departments of large public and private organisations (DNB, CPB, CBS, IMF, ECB);

  • public agencies;

  • multinationals;

  • consultancy.

Average time to find a job after graduation:

< 4 months

Average starting salary:

€2,950 gross

What positions do our graduates have?

Examples of positions currently held by Econometrics graduates include:

  • chief economist at major international bank;

  • managing consultant at major consulting firm;

  • risk management consultant;

  • senior advisor at the Dutch Monopoly and Merger committee;

  • financial controller;

  • owner of your own company.


Ability to settle

Overseas Student Health Cover

Insurance: €420 per year

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