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    MAPPING THE FUTURE

    YOURE

    HERE!

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    CONTENTS

    WELCOME BY THE DEAN 5

    ERASMUS UNIVERSITY ROTTERDAM 6

    ERASMUS SCHOOL OF ECONOMICS 8

    MASTERS PROGRAMMES 10

    MSC IN ACCOUNTING, AUDITING AND CONTROL 14

    MSC IN ECONOMICS AND BUSINESS 16

    17 Accounting and Finance

    18 Behavioural Economics

    20 Economics of Management and Organisation

    22 Entrepreneurship and Strategy Economics

    23 Financial Economics

    24 Health Economics

    26 International Economics

    27 Marketing

    28 Policy Economics

    30 Urban, Port and Transport Economics

    MSC IN ECONOMETRICS ANDMANAGEMENT SCIENCE

    32

    33 Econometrics

    34 Operations Research and Quantitative Logistics

    36 Quantitative Finance

    37 Quantitative Marketing

    RESEARCH MASTERS PROGRAMMES 38

    39 Master of Philosophy in Economics

    41 Master of Philosophy in Business Research

    POST-EXPERIENCE MASTERS PROGRAMMES 42

    44 Maritime Economics and Logistics

    45 Urban Management and Development

    APPLICATION AND ADMISSION 46

    PRACTICAL INFORMATION 48

    THE NETHERLANDS AND ROTTERDAM 50

    STUDENT LIFE IN ROTTERDAM 52USEFUL ADDRESSES AND WEBSITES 54

    23

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    The realisation that a countrys international

    significance is largely determined by its role in world

    trade was one which underlay the foundation of the

    Nederlandse Handels-Hoogeschool (Netherlands

    School of Commerce), a forerunner of the Erasmus

    School of Economics (ESE). For a small country like

    the Netherlands, which then had limited politicalpower, it was doubly essential to provide the best

    possible educational facilities for the future leaders

    in transport, trade and commerce. By that time

    Rotterdam already had a worldwide reputation as a

    trading port, and thus represented an ideal location

    for such a school. Due to its geographical position

    at the Maas estuary, Rotterdam is often called the

    gateway to Europe. The high level of activity in many

    branches of commerce promised to provide a lively

    cooperation between the city and the educationalinstitution.

    Today, more than ninety years later, ESE has grown to

    become a leading academic institution in the world.

    The present-day culture of the Erasmus School of

    Economics still reflects the business-like and decisive

    mentality of its founding fathers.

    With its problem-oriented teaching and market-

    oriented research, the school is able to adjust rapidly

    to changes in the business environment. The school

    hosts many of the worlds experts in their fields of

    research and offers top level Bachelors, Masters and

    post-experience Masters programmes in all major

    areas of economics and business.

    The Erasmus School of Economics is home to many

    different specialisations and independent institutions.This brochure should provide the reader with a

    general impression of what The Erasmus School

    of Economics has to offer. But I hope that our

    acquaintance will not just stop here, and I would like

    to invite interested students to contact us for further

    information, for instance by visiting our website

    at www.ese.eur.nl/master.

    Prof Dr Philip Hans B.F. Franses

    Dean of the Erasmus School of Economics

    WELCOMEBY THE DEAN

    Prof Dr Philip HansB.F. FransesDean of the Erasmus School

    of Economics

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    Erasmus University Rotterdam (EUR) was founded in

    1913 by leading business executives and bankers.

    The university has a solid reputation throughout the

    world and combines academic excellence with an

    empirical focus and an emphasis on applied business

    and policy. In addition to the economics of European

    and world markets, business administration, financeand banking, econometrics, transport and logistics,

    we also investigate health care, the environment,

    philosophy, law and legislation, history, arts and

    culture.

    Erasmus University Rotterdam is a modern institution

    and an important educational centre located near

    one of the worlds largest ports. International

    and Dutch students who wish to increase their

    educational level and competitiveness on the labourmarket will find the key disciplines at Erasmus

    University Rotterdam very appealing. At present,

    Erasmus University Rotterdam boasts some 23,000

    students in seven faculties and schools. Some

    3,800 of these students are international and these

    numbers are growing each academic year.

    ACHIEVEMENTS

    Erasmus University Rotterdam is world-renowned

    for academic excellence. It comprises internationallyacclaimed institutes, such as the Erasmus School

    of Economics, Erasmus MC University Medical

    Centre, which is highly esteemed in the area of

    research, and RSM Erasmus University, which ranks

    among the top five business schools in Europe. This

    reputation also holds true for the field of Economics

    and Business, as the Erasmus School of Economics

    was recently honoured with an exceptional mention

    by the Centrum fr Hochschulentwicklung (CHE),

    a German authority in matters of higher education.

    The CHEs annual Excellence Ranking 2009 places

    the ESE in its Excellence-group. Quality of academic

    contributions and international presence areimportant criteria for the CHE.

    CAMPUS

    Over the past 25 years, many new buildings have

    been built on the main site of Erasmus University

    Rotterdam: the Woudestein campus. The rapid

    growth of the student body during the 1980s and

    the addition of educational disciplines led to the

    expansion and renovation of existing buildings.

    Nowadays, more intensive educational methods,modern techniques of knowledge transfer and the

    latest computer facilities for students bring about

    constant change in our facilities.

    The Woudestein campus is located in the Kralingen

    district, near the Van Brienenoord Bridge in the east

    of Rotterdam and houses the Erasmus School of

    Economics and other disciplines.

    The auditorium, the various departments of theUniversity Office, the University Library, catering

    facilities, the sports complex and the Erasmus

    Expo and Congress Centre are all located on the

    Woudestein campus.

    ERASMUS UNIVERSITYROTTERDAM

    Desiderius Erasmus(1469-1536)

    Erasmus University Rotterdam is named

    after the famous humanist and philosopher,

    Desiderius Erasmus, who significantly

    influenced the intellectual and cultural climate

    of the Renaissance. Born in Rotterdam, he was a

    European who was ahead of his time.

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    Nobel Prize laureateJan Tinbergen (1903-1994)

    Professor Tinbergen was the first to receive the

    Nobel Prize in economics in 1969. He was one

    of the founding fathers of econometrics and

    the first to construct complete macro-economic

    models. Although the first model he developed

    for the Netherlands was rather simple, it was

    already usable as a base for economic policy.Working for the League of Nations, he soon

    produced more extensive models for the United

    States and the United Kingdom. As the first di-

    rector of the Centraal Planbureau (a think tank

    on economic problems for the Dutch govern-

    ment) he became one of the architects of Dutch

    post-war economic policy, his second major

    field. Leaving the bureau in 1955, he dedicated

    his energies entirely to the economic problems

    of less developed countries, passionately advi-sing their governments. His numerous writings

    owe their widespread appeal to their immediate

    relevance to practical problems and their clear

    presentation. He continued to work and publish

    until his death. When he died, at the age of 91,

    he was a revered and widely honoured scholar

    and public figure. His memory lives on in the

    Tinbergen Institute, the graduate school and

    research institute of the Erasmus School of

    Economics (a joint venture with the Universi-teit van Amsterdam and the Vrije Universiteit

    Amsterdam).

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    In 1973, the Erasmus School of Economics merged

    with the Faculty of Medicine to form Erasmus

    University Rotterdam. The Erasmus School of

    Economics offers Bachelors, Masters and PhD

    programmes in four different fields:

    pAccounting, Auditing and Control,

    pEconomics and Business,pEconometrics and Management Science,

    pEconomics and Taxation

    (offered only in Dutch: Fiscale Economie).

    We are convinced that students should establish a

    solid theoretical background before specialising in a

    particular area.

    As a school, we are keenly aware of the

    importance of having a global perspective. Boththe Erasmus School of Economics and Erasmus

    University Rotterdam work dilligently to encourage

    international co-operation. By initiating international

    research projects, sending students and researchers

    abroad and providing appropriate facilities for our

    international guests, we strive to broaden our global

    reach. In addition to a growing number of MSc

    programmes taught in English, the Erasmus School

    of Economics also offers two BSc programmes

    entirely in English: the International Bachelor inEconomics and Business Economics programme

    and the International Bachelor in Econometrics and

    Operations Research programme.

    Located in the heart of Rotterdam, Erasmus School

    of Economics nurtures its long-standing ties to the

    business community. Students of the Erasmus School

    of Economics benefit from these ties both during

    their studies and after. During their studies, students

    can expect guest lectures from members of thebusiness community and government. Graduates of

    our programmes are likely to find jobs quickly and

    with relative ease.

    ERASMUSSCHOOL OF ECONOMICS

    The Erasmus School of Economics in cooperation

    with its study association, Economic FacultyAssociation Rotterdam, regularly invite special

    visitors and prominent guests to participate in

    the schools activities. Some examples:

    Jan Peter Balkenende, former Prime Minister

    of the Netherlands

    Jose Manuel Barroso, President of the Euro-

    pean Commission

    M. Gorbachev, former President of the USSR

    and Nobel Laureate

    Prof. K. Farmer, University of Graz, AustriaMr. J.G. de Hoop Scheffer, former Secretary-

    General of NATO

    F.W. de Klerk LLB, former president of South-

    Africa and Nobel Laureate

    Dr R. Lubbers, former High Commissioner for

    Refugees UNHCR, former Dutch Prime Minister

    and EUR Alumni

    Benjamin Netanyahu, former Prime Minister

    of IsraelDr S. Panitchpakdi, former Director-General of

    the World Trade Organisation and EUR Alumni

    S. Peres, current President of Israel and Nobel

    Laureate

    David H. Petraeus, a United States Army

    General

    Anders Fogh Rasmussen, secretary-general of

    Nato

    G. Schrder, former German Chancellor

    J.D. Timmer, former CEO PhilipsJean Claude Trichet, President of the European

    Central Bank

    Z. Zushou, former Chinese Ambassador in the

    Netherlands

    Special guests and international lecturers

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    MASTERS PROGRAMMES

    The Masters programmes at the Erasmus School of

    Economics are varied and offer specialisations for

    every type of student.

    Whether you need to deepen your academic insight

    in order to increase your chances of success in your

    current or future profession, or more specifically

    you seek academic skills and knowledge for a futureresearch career.

    Start your career in Rotterdam and enrich your

    knowledge through one of Erasmus School

    of Economics internationally renowned study

    programmes. The Erasmus School of Economics

    offers three types of Masters programmes:

    Master of Science Programmes

    Research Masters Programmes

    Post-experience Masters Programmes

    For the admissions requirements and application

    deadlines of the Masters programmes see the

    following programme overviews. Furthermore, a

    detailed description of each programme is given

    further on in the brochure.

    MASTER OF SCIENCE PROGRAMMES

    After successfully completing your Bachelors degree,

    you are faced with a new choice. Do you venture

    out into the job market, or do you give your career

    an extra boost with a Masters degree? A Masters

    provides deeper academic insight and offers you an

    opportunity to continue your personal development.This increases your chances of success in your chosen

    profession. The Erasmus School of Economics offers

    International Master of Science programmes in

    three different fields: Accounting, Auditing and

    Control, Economics and Business and Econometrics

    and Management Science. These Master of Science

    programmes consist of specialised programmes that

    focus on one of the main sub-disciplines within the

    concerning field. Furthermore, the Erasmus School

    of Economics also offers a Dutch taught Master ofScience programme in Economics and Taxation. The

    Master of Science programmes are accredited by the

    NVAO (Accreditation Organisation of the Netherlands

    and Flanders).

    MASTERSPROGRAMMES

    MASTER OF SCIENCE PROGRAMMES

    Programmes andspecialisations

    Objective Degree Admissionsrequirements

    Start andDuration

    Annualtuition fee2012-2013

    Applicationdeadline

    Accounting, Auditing and Control (also part-time)

    Accounting, Auditing andControl.

    - Accounting and Auditing(also parttime)

    - Controlling

    The MSc covers allaspects of collecting,categorising, sum-marising, analysingand using financialdata in organisations. Itdeepens the studentsacademic knowledge of

    accounting and control,using the latest rulesand regulations.

    MSc University degree ineconomics and/or busi-ness equal to a Dutchuniversity BSc degreeTOEFL 232 / 90 orIELTS 6.5

    September1 year(full-time)

    2 years(part-time)

    D1.771(EU / EEA)

    D12.500(Non EU /EEA)

    15 May1

    1Please be aware that with the expiration of the deadline you should have fullfilled the English requirements. Also note that yourapplication package has to be in by the deadline.

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    MASTERS PROGRAMMES

    MASTER OF SCIENCE PROGRAMMES

    Programmes andspecialisations

    Objective Degree Admissionsrequirements

    Start andDuration(full-time)

    Annualtuition fee2012-2013

    Applicationdeadline

    Economics and Business

    Business Economics- Accounting and Finance

    - Financial Economics- MarketingEconomics- Economics of Manage-

    ment and Organisation - International Economics - Policy Economics

    Applied Economics- Behavioural Economics- Entrepreneurship and

    Strategy Economics- Urban, Port and Transport

    Economics

    - Health Economics2

    The field of Economicsinvolves efficient al-

    location of resources,effective organisation ofbusinesses and marketsand development ofeffective governmentpolicy in order toproduce greater prospe-rity. You will be able toanalyse problems andstrategic issues withincompanies from an eco-nomic perspective andproduce keen analysesfor policy recommen-dations.

    Health Economics,ensures that studentsunderstand the econo-mic context of healthpolicy issues and healthcare systems.

    MSc

    MSc3

    University degree ineconomics and/or busi-

    ness equal to a Dutchuniversity BSc degreeTOEFL 232 / 90 orIELTS 6.5

    Hold a bachelor degree(or equivalent) withgood results, from arecognised universityand in a relevant field,e.g. health policy andmanagement, healthadministration, healthsciences; or economics,policy sciences or lawwith relevant minors.TOEFL 232 / 90 orIELTS 6.5

    September1 year

    D1.771(EU / EEA)

    D12.500(Non EU /EEA)

    15 May1

    Econometrics and Management Science

    - Econometrics- Operations Research and

    Quantitative Logistics- Quantitative Finance- Quantitative Marketing

    The aim is to providehigh-quality academictraining to enablegraduates to pursuecareers in business andgovernment or to excelin science.

    MSc University degree in aquantitative study: e.g.econometrics equal toa Dutch university BScdegreeTOEFL 232 / 90 orIELTS 6.5

    September1 year

    D1.771(EU / EEA)

    D12.500(Non EU /EEA)

    15 May1

    1Please be aware that with the expiration of the deadline you should have fullfilled the English requirements. Also note that your application packagehas to be in by the deadline.

    2This programma is offered in cooperation with the Institute of Health Policy & Management.3Depending on your background you obtain a degree granted by the Institute of Health Policy & Management or the Erasmus School of Economics.

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    MASTERS PROGRAMMES

    RESEARCH MASTERS PROGRAMMES

    Have you successfully completed your Bachelors

    degree and are you considering an academic career?

    The Erasmus School of Economics offers manyopportunities for you to prepare for an academic

    career, for example, in scientific research at the

    university or in industrial research and development.

    Both the Tinbergen Institute (TI) and the Erasmus

    Research Institute of Management (ERIM) offer a

    two-year Research Masters programme. Primarily

    these studies are meant to prepare you for an

    appointment as PhD student with the aim of

    obtaining a doctors degree.

    The two-year education and training programme

    prepares students to become tomorrows leadingscholars. Top students are selected for subsequent

    PhD programmes. The Research Masters

    programmes are also accredited by the NVAO

    (Accreditation Organisation of the Netherlands and

    Flanders). Our research schools are accredited by the

    Royal Netherlands Academy of Arts and Sciences

    (KNAW).

    RESEARCH MASTERS PROGRAMMES

    Programmes andspecialisations

    Objective Degree Admission requi-rements

    Start andDuration(full-time)

    Annualtuition fee2012-2013

    Applicationprocedure

    Erasmus School of Economics / Tinbergen Institute (TI)

    Master ofPhilosophy inEconomics

    Research Master ineconomics, econo-metricsand finance. Theprogramme serves asa preparationfor an academic

    career (PhD ineconomics) as well fora career inconsultancy or policyadviceorganisation.

    MSc4 University BSc/BA degreepreferably ineconomics,econometrics,mathematics,physics

    TOEFL 600 / 250/ 100 or IELTS7.0GRE5(indication90% score inquantitative part)Letter of moti-vationTwo letters ofrecommendation

    September2 year

    D1.771(EU / EEA)

    D9.200(Non EU / EEA)

    www.tinbergen.nl

    Erasmus School of Economics and Rotterdam School of Management Erasmus University /Erasmus Research Institute for Management (ERIM)

    Master of Philo-sophy in Business

    Research- Business Proces-

    ses, Logistics& InformationSystems track

    - Organisationtrack

    - Marketing track- Finance & Ac-

    counting track- Strategy & Entre-

    preneurship track

    Integral part ofErasmus Doctoral Pro-

    gramme in Businessand Managementdesigned to stimulateand nurtureacademic talent. Itcombines educationin a specialisation arewith the challenges ofundertaking research.The programme ishighly customisedand prepares thestudents for academicor business career.

    MSc4 University BSc/BA degree

    GRE5 or GMAT6score (minimum85% score)TOEFL 600 / 250/ 100 or IELTS7.5Letter of moti-vationTwo academicletters ofrecommendationExcellent studyresultsInterview withDoctoral Admis-

    sion Committee

    September2 year

    D1.771(EU / EEA)

    D15.500(Non EU / EEA)

    www.erim.nl

    4Comparable with MPhil-degree5GRE = Graduate Record Examinations6GMAT = Graduate Management Admission Test

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    MASTERS PROGRAMMES

    POST-EXPERIENCE MASTERS

    PROGRAMMES

    If you finished your Bachelors degree some time

    ago, or perhaps already hold a Masters degree, yourcurrent job position may require new, practice-

    oriented knowledge, or you may need further

    personal development to enhance your career.

    To serve this permanent learning need of todays

    professionals, the Erasmus School of Economics

    works closely with trade and industry and

    professional groups to develop a broad range of

    full-time and part-time Masters programmes.Drawing from the universitys academic expertise, the

    programmes respond to issues relevant to business

    and society.

    POST-EXPERIENCE MASTERS PROGRAMMES

    Programmesand speciali-sations

    Objective Degree Admis-sion require-ments

    Start andDuration(full-time)

    Annualtuition fee2012-2013

    Applicationprocedure

    Erasmus School of Economics

    MaritimeEconomics andLogistics

    MEL adopts a holisticapproach to internationalocean transportation,encompassing shipping,ports, terminals, transport,and logistics. The courseaims at preparing senior

    decision makers in globaltransport and logistics,equipping them with ad-vanced tools in economicsand management science.

    MSc UniversityBSc degreeor equi-valentprofessionalexperienceTOEFL 575 /

    232 / 90or IELTS 6.5

    November1 year(full-time)

    2 years(part-time)

    D23.350(full-time)

    D11.675(part-time)

    www.maritime-economics.com

    Erasmus School of Economics / Institute for Housing and Urban Development Studies

    Urban Ma-nagement andDevelopment

    Participants will becomeinnovative urban managersand development spe-cialists who analyse anddevelop their cities basedon a thorough understan-ding of urbantheory and create sustaina-ble cities based on a multi-disciplinary and multi-actorapproach.

    Master UniversityBA degreeTOEFL 550 /213 / 80 orIELTS 6.0At leastthree yearsof workexperience

    October1 year

    D10.500 www.ihs.nl/master

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    How do you control an organisation? How

    do you measure the performance of the

    management of a company? Which incentive

    schemes motivate managers most to achieve

    corporate objectives? The discipline of Management

    Accounting and Control deals with these kinds

    of questions. An accounting information systemproduces information which managers use for

    controlling various business activities and for making

    strategic decisions. This information is also used by

    employees to complete operational tasks. In addition

    to internal use, the processed information (e.g.

    financial statements) is also used by external users

    who have an interest in the firm, such as investors,

    suppliers and regulators. Financial Accounting deals

    with for example the quality and decision usefulness

    of information included in financial statements.

    However, is this information reliable, understandable,

    comparable and relevant?

    Corporate scandals involving very large companies

    turned auditing into headline news, not just in the

    business pages of newspapers, but on front pages, ineditorials, in television news bulletins and discussion

    programmes as well. In the United States and Great

    Britain, but also in the Netherlands, organisations

    responsible for supervising the operation of the

    financial market criticise the work of independent

    auditors. This resulted in big question marks being

    placed over the competence and independence of

    auditors. Auditing is more than ever the talk of the

    town!

    MSC IN ACCOUNTING,AUDITING AND CONTROL

    ACCOUNTING, AUDITING AND CONTROL

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    AUDIENCE

    The MSc in Accounting, Auditing and Control

    is intended for students who aim for academic

    employment in the accounting, auditing and/

    or controlling branch in organisations primarily

    operating internationally.

    MISSION

    The purpose of the MSc in Accounting, Auditing

    and Control is to deliver financial economic

    experts of the highest quality. This is achieved by

    building a programme of both nationally as well as

    internationally recognised high academic standards.

    CURRICULUM

    The Master consists of core courses, seminars, and

    a Masters thesis distributed over several blocks. Thecourses and electives help you to get acquainted

    with a wide range of topics that are essential for

    accounting, auditing and control. The courses

    Introduction to Accounting Research, Accounting

    Process Management, Corporate Social Responsibility,

    International Financial Reporting and Analysis,

    Auditing, and Security and ICT Audit will give you

    a real good understanding of what accounting and

    auditing is about and what is necessary tot provide

    the stakeholders of an organisation with relevant andreliable information. Students have the opportunity

    to choose one of the following seminars: Advanced

    Financial Accounting or Advanced Management

    Accounting and Control. For this intensified course,

    active participation and commitment are obligatory.

    These seminars offer you a solid background for

    writing your Masters thesis in the last blocks.

    START, DURATION AND LANGUAGE

    The Master starts in September and lasts oneyear (60 ECTS credits). The programme is taught

    in English. It is also possible to do the Master

    programme part-time; in that case you will require

    at least two years to successfully complete the

    programme.

    CAREER PROSPECTS

    The MSc in Accounting, Auditing and Control

    establishes itself on the constantly increasing demand

    for academically trained personnel in the auditing

    and controlling field. Career paths include:

    Chartered Accountant (RA, CPA)

    Chartered Controller (RC)Management Consultant

    Financial Economical Expert

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, www.ese.eur.nl/master

    MORE INFORMATION

    For detailed information about this programme,

    please visit www.ese.eur.nl/master/aac.

    PWC HONOURS CLASS

    For excellent students a special Masterclass in

    Accounting, Auditing and Control is offered in

    cooperation with PwC. This Honours Class is the

    perfect mix of tailor made education combined with

    internships and international work experience.

    More information: www.ese.eur.nl/

    pwchonoursmaster

    MSC IN ACCOUNTING,

    AUDITING AND CONTROL(ALSO PART-TIME)

    Niels den Uil

    The opportunity to attend the

    programme Accounting, Auditing

    and Control was a privilege.This programme ensures a high

    standard of academic education,

    while relevant practical insights

    are not ignored.

    ACCOUNTING, AUDITING AND CONTROL

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    ECONOMICS AND BUSINESS

    AUDIENCE

    The Masters specialisation in Accounting and Finance

    is intended for students, who want to pursue a

    career in accounting and finance.

    MISSION

    The mission of the Masters specialisation in

    Accounting and Finance is to provide a challenging,

    high-level academic education in the field of financial

    business economics. This Masters programme

    offers a broad and thorough education in business

    economics and aims to examine problems from a

    practical, but also an analytical point of view. In

    the process, students are given the opportunity todo empirical research. They acquire an all round

    education in the academic field of financial business

    economics. The fields of management control and

    financial management and control are also included

    in the programme.

    CURRICULUM

    The Masters specialisation consists of core courses,

    electives, seminars, and a Masters thesis distributed

    over several blocks. Courses and electives helpacquaint students with a wide range of topics, such

    as International Financial Reporting and Analysis,

    Accounting Process Management and Corporate

    Social Responsibility. Students have the opportunity

    to choose two out of ten seminars. For example:

    Advanced Corporate Finance: Private Equity

    Advanced Financial Accounting

    Advanced Management Accounting and Control

    Advanced Money, Credit and Banking Seminar

    Exchange Rates and International Financial Markets

    For these seminars, active participation and

    commitment are mandatory. During the last block

    of the programme, students work on their Masters

    thesis.

    CAREER PROSPECTS

    This specialisation prepares students for a wide and

    challenging range of jobs in the field of financial

    business economics.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English. It is also possible to do the Masters

    programme part-time; in that case you will require

    at least two years to successfully complete the

    programme.

    APPLICATION AND ADMISSIONFor more information on the admission requirements

    and application procedure, www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/af.

    ACCOUNTINGAND FINANCE

    Suzanne van Rooijen

    In addition to the regular

    accounting programme it

    takes you one step further;where does money come

    from and how is it used best

    within a company.

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    AUDIENCE

    The Masters specialisation in Behavioural Economics

    is intended for students who want to have a solid

    training in mainstream economics and, at the same

    time, learn how recent insights from psychology

    enrich traditional economics.

    MISSION

    Behavioural Economics is a new and increasingly

    popular stream of economics based on the

    psychology of human behaviour. It shows how

    insights from psychology help to improve economic

    decision making. A solid training in mainstream

    economics provides students with the tools used

    in economics and finance to analyze human

    behaviour and to design policies and strategies. An

    additional training in Behavioural Economics willenable students to understand why people do not

    always behave as rational economic decision makers

    and how economic policies and strategies can be

    improved to take such deviations from rational

    behaviour into account.

    CURRICULUM

    The Masters specialisation consists of both

    mainstream economics and Behavioural Economics.

    For the mainstream economics courses studentscan choose between 3 tracks: a Finance track, an

    Economics of Management and Organisation track,

    and a Marketing track. These tracks consist of

    courses of the corresponding Masters specialisations

    of Economics and Business.

    The Behavioural Economics courses are:

    Advanced Behavioural Economics

    Advanced Behavioural Finance

    Experimental Economics

    Seminar Applied Behavioural Economics

    CAREER PROSPECTS

    Students with a Masters degree in Behavioural

    Economics have many job opportunities in all sectors

    of the economy. To give a few examples:

    Governments increasingly use the insights from

    Behavioural Economics to shape policies. Examples

    are pension design and health policy. Economists

    with a training in Behavioural Economics will know

    how to effectively design and improve economic

    policies and strategies.In private enterprises Behavioural Economists can

    help design better marketing policies, contracts, and

    financial portfolios. Behavioural economists know the

    biases that affect peoples choices and, hence, their

    insights can help to improve products and contracts.

    Behavioural economists also learn which

    psychological motives play a role in negotiations.

    They can therefore improve negotiation procedures

    to the benefit of the company they work for.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, please visit www.ese.eur.

    nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/behec.

    BEHAVIOURAL ECONOMICS

    Sofie Wouters

    Day-to-day human decision

    making is incorporated into

    traditional economic models.This master allows you to

    bridge the gap between

    abstract economic models

    and actual human behaviour.

    ECONOMICS AND BUSINESS

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    ECONOMICS AND BUSINESS

    AUDIENCE

    Many economics students will take up positions in

    management. The master specialisation Economics

    of Management and Organisation is an ambitious

    programme aimed at students who want to make

    a difference during their career. The combination of

    economic theory, empirical techniques, and practicalapplications provide valuable insight on how firms

    should be run.

    MISSION

    While striving for the highest academic standards,

    we make sure that the content of the programme is

    practical and relevant to real organisations. Teaching

    often draws on the staffs recent research and their

    interaction with practitioners. The combination

    of academic rigor and practical applicability makethe programme suited for students interested in

    organisational economics as well as for students

    who wish to learn what drives standard practice in

    management accounting and control.

    CURRICULUM

    The Masters specialisation consists of core courses,

    electives, seminars and a Master thesis distributed

    over several blocks. The core courses provide valuable

    theoretical and empirical skills. The electives andseminars seek to answer questions such as: How

    should managers motivate employees? Which

    markets should firms enter? Which information is

    relevant for decision-making, and how should this

    information be retrieved?

    Students have the opportunity to choose two of the

    following three electives:

    Strategy and Organisational Design

    Empirical Personnel Economics

    Behavioral Economics

    Students also have the choice of two of the followingfour seminars:

    Economics of Organisations

    Recent Advances in EMO

    Management Accounting Research

    Corporate Governance and Control

    In the Master thesis, students apply the skills and

    insights acquired in the programme.

    CAREER PROSPECTSStudents acquire essential skills for many jobs.

    Students may work in consultancy, at HRM

    departments, as controllers, and in management

    positions. Our students will actively shape and

    improve the functioning of their organisation.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/emo.

    ECONOMICS OFMANAGEMENT ANDORGANISATION

    Marc Wagenaar

    The use of many relevant

    and recent research paperscombined with challenging

    exercises will make you the

    manager who knows how

    to run a firm and who can

    motivate employees!

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    ECONOMICS AND BUSINESS

    AUDIENCE

    This masters programme is aimed at economics

    students who want to be leaders and mentors

    in todays highly dynamic business environment.

    Students in our programme typically have broad

    interests and the intellectual curiosity to approach

    this dynamic business environment with an analytical,strategic mind-set.

    MISSION

    Our programme is motivated by the insight that

    modern firms and economies are constantly

    changing: Innovation and entrepreneurship are at

    the heart of competitive advantage and economic

    growth in this modern world. The programme

    teaches students the analytical tools that are

    necessary for making the right decisions in thishighly dynamic environment. This includes a good

    knowledge of relevant economic theories as well as

    skills for carrying out independent empirical research.

    CURRICULUM

    The programme consists of one compulsory course,

    four core courses, one elective, two seminars,

    and a masters thesis distributed over five blocks.

    Core courses and electives provide students with

    a wide range of essential topics that serve as aprofound background for attending the seminars.

    The core courses and electives include subjects

    ENTREPRENEURSHIPAND STRATEGYECONOMICS

    Amy Bleeker

    Each segment is interesting

    and well covered and

    perfectly combined. A solidunderstanding of each of

    these segments is beneficial

    for different purposes..

    such as economic approaches to entrepreneurship,

    strategy, governance, innovation as well as corporate

    entrepreneurship and experimental economics. The

    compulsory course helps students get acquainted with

    quantitative methods of applied economics.

    Students have the choice of two of the following four

    seminars:Dynamics and Entrepreneurship

    Topics in Organisation and Strategy

    Multinationals and Business Networks

    Small Business and Entrepreneurship

    In the seminars, students learn to conduct independent

    research to find answers to a variety of important

    current questions. They can choose for an emphasis on

    entrepreneurship and small business or strategy and

    big firms.

    CAREER PROSPECTS

    Students acquire competences that are broadly

    applicable and open up many exciting career

    opportunities that range across a wide spectrum of

    alternatives, including:

    Leading consulting companies

    General management positions in large international

    enterprises or smaller, dynamic firms

    Starting and growing your own business

    Entrepreneurship support and policy making fornational governments, European institutions or

    international organisations such as the OECD.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirementsand application procedure, www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/esoe.

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    AUDIENCE

    The Masters specialisation in Financial Economics is

    intended for students who want to pursue a career

    in financial economics. Students who are interested

    in receiving high level education in the fields of

    finance and investments will find an intellectual

    challenge as well as a chance to explore futurecareer opportunities either in the Netherlands or in

    international financial centres such as London or

    New York.

    MISSION

    The Masters specialisation in Financial Economics

    aims to provide students with scientific theories

    and tools in the field of financial economics, and

    to equip them with knowledge and experience

    that will support them in an international career.The programme provides its students access to

    fascinating and excellent academic research as well

    as the benefits of the extensive cooperation that

    exists with leading businesses and government.

    CURRICULUM

    The Masters specialisation consists of core courses,

    electives, seminars and a Masters thesis distributed

    over several blocks. The programme consists of

    three streams: Corporate Finance, Investments andInternational Finance.

    The Corporate Finance stream consists of several

    courses on risk management, strategy and company

    valuation, financial reporting and the analysis

    thereof. The seminars in this stream deal with

    subjects as private equity, valuation and corporate

    governance.

    The Investment stream consists of several corecourses and electives on asset and option pricing,

    hedging, portfolio management, fixed income and

    securities. In the Investments stream the seminars

    focus on topics such as risk management, pension

    funds and energy finance.

    The International Finance stream includes courses

    and seminars on banking, exchange rates and

    international investments.

    CAREER PROSPECTS

    Upon successful completion of the Mastersspecialisation in Financial Economics, students have

    excellent international prospects. Excellent career

    opportunities exist within multinational corporations,

    banks, private equity houses, insurance companies,

    asset management institutions and government

    institutions such as central banks and offices of the

    budget.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September andlasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission

    requirements and application procedure,

    www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,please visit www.ese.eur.nl/master/finec.

    FINANCIAL ECONOMICS

    2223

    ECONOMICS AND BUSINESS

    Anne van Driesum

    Whether you want to become

    a trader or rather work at the

    M&A department of anInvestment Bank, the program

    Financial Economics allows

    you to choose your own

    career path.

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    ECONOMICS AND BUSINESS

    AUDIENCE

    This specialisation is aimed at students who areinterested in taking an economic and quantitative

    approach to health care problems and solutions.

    This specialisation is offered in cooperation with the

    Institute of Health Policy & Management.

    MISSION

    The Masters specialisation in Health Economics

    aims to provide students with the concepts and

    quantitative skills necessary to face the 21st Century

    challenges in the health sector like ever-rising healthcare costs, population aging and rapid advances in

    medical technology. This involves applying economic

    tools and reasoning to an interesting sector with

    atypical agents (e.g. doctors are not profit maximizing)

    and where the value of the main good, health, is

    subject of a hot and compelling debate.

    CURRICULUM

    The Masters specialisation in Health Economics

    consists of a masters thesis, core courses, and electivecourses distributed over several blocks. These courses

    cover subjects such as health insurance, hospital

    behavior, equity in health, health care system reforms,

    valuation of the costs and benefits of health care,

    discounting, the role of technology assessment in

    health policy, applied methods of micro-econometrics,

    and health care reforms in developing countries.

    There are 6 compulsory core courses:

    Quantitative Methods for Applied EconomicsEconomics and Financing of Health Care Systems

    Economics of Health and Health Care

    Health Technology Assessment

    Research Topics in Health Economics

    Public Health Economics

    Students have the opportunity to choose two out of

    the following three elective courses:Health, economic development and policy

    Advanced economic evaluation

    Life Sciences Pricing and Management

    And one of the following electives:

    Law and economics of competition policy in health

    care

    Patient preferences in the delivery of health care

    Health economics and policy in low and middle

    income countries.

    CAREER PROSPECTS

    This Masters specialisation in Health Economics will

    prepare you for health economists positions a in the

    private and public sector such as

    Health economist or researcher in consulting firms

    (e.g. KPMG, IMS health), the pharmaceutical industry

    (e.g. Pfizer, Glaxo Smith Kline), health insurance

    companies (e.g. Achmea, Delta Lloyd), or academia

    (e.g. EUR, University of Birmingham)Policy advisor in international organizations (e.g.

    WHO, World Bank), regional health authorities and

    government institutions (e.g. RIVM, Ministry of

    Health), or hospitals (e.g. Erasmus MC).

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, www.ese.eur.nl/master.

    Students with a background in health policy and

    management or health sciences can also apply via the

    Institute of Health Policy and Management, www.

    bmg.eur.nl/english/he.

    MORE INFORMATION

    For detailed information about this specialisation,please visit www.ese.eur.nl/master/health.

    HEALTH ECONOMICS

    Aleksandra RosinskaThe master explains how

    scarce resources translate into

    better healthcare for people

    worldwide while opening

    doors to great careers in both

    public and private sectors.

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    ECONOMICS AND BUSINESS

    AUDIENCE

    The Masters specialisation in International Economics

    is aimed at students who are interested in the applied

    study of the international economic and business

    policy environment.

    MISSIONThe objective of the Masters specialisation in

    International Economics is to provide students with

    the analytical and practical training to work in the

    field of global economics, whether as managers,

    consultants, policy advisors, bankers or researchers

    in the private sector, governmental or international

    agencies. Furthermore, the programme aims at

    providing a better understanding of the economic

    forces underlying the increased interdependence of

    nations.

    CURRICULUM

    The Masters specialisation consists of core courses,

    electives, seminars and a Masters thesis distributed

    over several blocks. The core courses are:

    Industrial Organisation or Game Theory and its

    applications

    Introduction to Econometrics

    Advanced Modern Macroeconomics

    Students have the opportunity to choose two

    electives from a series of five courses:

    Financial Development

    International Economics and World Development

    International Trade and Trade Policy

    Poverty and Inequality

    Tax Policy

    Students will also take two seminars to be chosen

    from:Seminar Empirics of Trade and Development

    Seminar in Exchange Rates and International

    Financial Markets

    Seminar in Trade and Growth

    Seminar in Multinationals and International

    Financial Markets

    The Masters thesis is written during the last block of

    the programme.

    CAREER PROSPECTS

    The Masters specialisation in International Economics

    prepares students for the wide range of positions

    currently offered in academic, business and

    government sectors. This programme equips students

    with the practical and analytical tools to work and

    excel in the field of international economics, whether

    as managers, consultants, policy advisors, bankers

    or researchers in the private sector, government or

    international (economic) agencies.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/iebs.

    INTERNATIONALECONOMICS

    Phuong Anh Ho

    The broad spectrum of global

    economics couldnt be better

    reflected in the masterscurriculum; the international

    focus of the programme fully

    met my expectations.

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    ECONOMICS AND BUSINESS

    AUDIENCE

    The Masters specialisation in Marketing welcomes

    students eager to perfect their skills and academic

    thinking at a graduate level in the field of marketing.

    Students will benefit most from the programme

    if they are genuinely interested in the analysis of

    consumer and technology trends, and in learninghow to design marketing strategies for present and

    future technology-intensive consumer and business

    markets.

    MISSION

    The mission of the Masters specialisation in

    Marketing is to create marketing leaders for the

    knowledge economy, who are able to analyse

    consumer and technology trends and to shape

    present and future consumer and businessmarkets. Our aspiration is to see students who

    have completed this Masters specialisation emerge

    as marketing leaders who thrive in international

    innovation-driven and knowledge-intensive markets.

    CURRICULUM

    The Masters specialisation consists of core courses,

    electives, seminars and a Masters thesis distributed

    over several blocks.

    Core courses and electives help students to get

    acquainted with a wide range of topics that are

    essential to marketing, such as advertising, branding,

    customer relationship management, marketing

    research, among others. Core courses provide a solid

    background for attending the seminars. Seminars

    are the most important component of the Masters

    programme. They cover various topics such as

    consumer channel dynamics, strategic marketing,

    global marketing, customer analytics, and innovation.

    CAREER PROSPECTS

    This Masters specialisation in Marketing will prepare

    you for positions such as:

    Business or marketing strategist or market

    researcher in consulting firms like McKinsey,

    Boston Consulting Group, Accenture, or Deloitte

    and Touch, or in marketing research and strategyhouses like VODW.

    Marketeer or business development manager

    in technology-intensive industries like Philips,

    Vodafone, Pfizer, Roche-Genentech, IBM,

    Microsoft, or Oracle. Or in marketing functions in

    knowledge-intensive companies like Procter and

    Gamble, Unilever, KPN, ABN-Amro, or Google.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September andlasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/marketing.

    MARKETING

    Kimberly Noot

    I am truly inspired by the

    enthusiasm and research

    based knowledge of theprofessors involved in the

    ESE marketing programme

    and working with them was a

    great experience.

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    Master in Policy Economics provides students with

    theoretical background and empirical training

    necessary to become a qualified applied policy

    economist. When graduated students are able

    to apply state-of-the-art economics and research

    techniques to real-world policy issues: How should

    governments cope with ageing, rising costs ofhealth care and broken pension systems? How

    can the government optimise incentives in public

    organisations and provide public services efficiently?

    How should budgetary and monetary policy be

    conducted during the exit of the Great Recession?

    Can the Euro be saved? How should the Eurosystem

    be reformed? How progressive should the tax

    and benefit system be? How should markets be

    regulated? What should be the proper balance

    between markets and government?

    MISSION

    The programme trains students to be excellent policy

    economists and applied researchers in prominent

    positions in government, non-profit organisations,

    advisory boards and research institutes. The core

    values are: open minded, curious, academically

    thorough, hard working, and politically engaged.

    Advice from ESE policy economist is academically

    sound, intellectually thorough and convincing.

    POLICY ECONOMICS

    AUDIENCE

    We want to educate young individuals to become

    intelligent, serious and active policy advisors. We aim

    to attract students with above-average grades for their

    Bachelor. A keen interest in applied-policy issues is a

    prerequisite.

    CURRICULUM

    The curriculum consists of basic economic theory and

    empirical tools essential to become an outstanding policy

    economist. Core courses are: Macroeconomics, Public

    Finance, Industrial Organisation, Applied Econometrics.

    There are also two large seminars: first one on methods

    of applied economic research in which includes a

    wide array of applied research techniques (e.g. policy

    evaluation, cost-benefit analysis) and second is the

    analysis of highly relevant policy issues. The latter isdeveloped in close cooperation with the future employers,

    e.g. Dutch Ministries and research institutes. The last part

    is the Master thesis. The best students can be selected for

    internships at one of our partners e.g. at one of the Dutch

    Ministries, CPB or the Dutch Central Bank.

    CAREER PROSPECTS

    Graduates will work as policy economists and applied

    researchers in government, non-profit organisations,

    advisory boards and research institutes, e.g. the DutchMinistries, CPB Netherlands Bureau for Economic

    Research, the Dutch Central Bank, the OECD, the

    Worldbank/IMF, and applied research institutes.

    START, DURATION AND LANGUAGE

    The Master starts in September and lasts one year

    (60 ECTS credits).The programme is taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirementsand application procedure, www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation, please

    visit www.ese.eur.nl/master/pec.

    ECONOMICS AND BUSINESS

    Bas Jacobs

    If you want to solve real-

    world policy problems, this

    brand new Master is theprogramme for you!

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    HIER GRAAG EEN BEELDPAGINA

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    ECONOMICS AND BUSINESS

    AUDIENCE

    Transport and logistics is a sector with one of the

    largest growth rates, while economic growth mainly

    manifests itself in cities. Here economic activity and

    transport and logistics flows come together. These

    dynamics create opportunities and challenges for

    those with the right combination of knowledge andskills.

    Interactive lectures, challenging assignments and

    interesting debates train students to become sharp

    economists, and prepare them for a successful

    professional career as manager, consultant or policy

    maker in a wide range of fields such as transport,

    trade and logistics, banking, real estate and

    government.

    MISSIONBy understanding the way cities, regions, ports and

    transportation networks function, students gain a

    deeper understanding of the world around them.

    The programme aims to bridge the gap between

    theory and practice, and involves lecturers that

    are active in scientific research as well as in more

    practical consultancy and advice work (see www.

    eur.nl/rhv). They continuously update the lecture

    materials with the most recent developments and

    insights. The programme also benefits from thelocation in Rotterdam, a city with a world port,

    which creates perfect conditions for the study of

    urban, port and transport economics.

    URBAN, PORT ANDTRANSPORT ECONOMICS

    Arnout van der Houwen

    My master was inspiring, great fun, and

    enabled me to do a challenging internship

    at APM Terminals. Immediately aftergraduation, I started as a management

    trainee at Vopak. I really benefit from being

    trained in the application of economic

    concepts to real-world problems.

    CAREER PROSPECTS

    Many alumni of the specialisation in Urban, Port and

    Transport Economics currently hold top positions in

    business and government. With over 750 alumni and

    a track-record dating back to 1988, the specialisation

    has established a strong reputation in the business

    community and among government organisations. Itis recognised for its high quality education, practical

    relevance and experienced graduates. With many

    alumni in the field, this network creates very good

    job prospects. Most graduates find employment as

    manager, consultant or policy advisor in transport and

    logistics, port related activities, real estate, the financial

    sector and government organisations, as is evident

    from the Linkedin alumni group of the Master in

    Urban, Port and Transport Economics.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, www.eur.nl/ese/masters

    MORE INFORMATIONFor detailed information about this specialisation and

    the curriculum, please visit www.eur.nl/ese/masters/

    upte.

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    ECONOMETRICS AND MANAGEMENT SCIENCE

    The profession of econometrics and management

    science involves doing quantitative analyses in

    order to solve problems faced by the government

    and businesses. Economic aspects usually play a

    major role in such problems. This programme is

    mainly aimed at teaching students the necessary

    economic theory and quantitative skills.

    The aim is to provide high-quality academic training

    so that graduates can pursue careers in business and

    politics, or excel in science. Graduates should be

    able to apply existing econometric and management

    science techniques independently to complex

    real-life problems, including the execution and/

    or implementation of the techniques in computer

    programs. Furthermore, graduates must be able to

    develop and apply new models for new problems.

    Within the MSc in Econometrics and ManagementScience four Masters specialisations are offered:

    Econometrics

    Operations Research and Quantitative Logistics

    Quantitative Finance

    Quantitative Marketing

    MSC IN ECONOMETRICSAND MANAGEMENTSCIENCE

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    ECONOMETRICS AND MANAGEMENT SCIENCE

    AUDIENCE

    The Masters specialisation in Econometrics is suitable

    for talented and motivated students with an interest

    in studying macroeconomic and microeconomic

    problems from a quantitative point of view. Given

    the quantitative nature of this Masters programme,

    students are expected to have a strong interest in,and prior knowledge of statistics, mathematics, and

    econometrics.

    MISSION

    This Masters specialisation is aimed at teaching

    econometric theory and quantitative methods to

    perform econometric analyses. The aim is to provide

    high-quality academic training to enable graduates

    to pursue careers in business and government, or to

    excel in science. Graduates should be able to applyeconometric techniques to complex, real-world

    problems (including execution and/or implementation

    in computer programmes).

    CURRICULUM

    The Masters specialisation consists of core courses,

    two electives, and a Masters thesis distributed over

    several blocks. The core courses are:

    Applied Microeconometrics

    Bayesian EconometricsCase Studies in Applied Econometrics

    Modern Business Cycle Analysis

    Multivariate Statistics

    Quantitative Methods in International Finance and

    Macroeconomics

    Students should choose two from the following electives:

    Advanced Behavioral Finance

    Advanced Modern Macroeconomics

    Advanced Money, Credit and BankingAsset Pricing

    Experimental Economics

    Marketing Models and Large Datasets

    Quantitative Risk Management

    World Development

    CAREER PROSPECTS

    Graduates of the Masters specialisation in

    Econometrics have excellent job prospects in diverse

    fields. They find careers in business, government,

    international economic organisations, and academia.

    Students who perform well in their careers achieve

    positions as board members of leading industrial firmsand banks or as highly-positioned civil servants in

    national and international organisations. Graduates

    of the Masters programme in Econometrics are also

    well-qualified to pursue a PhD degree and become

    successful researchers in academia.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, see www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/econometrics.

    ECONOMETRICS

    Sanne Blauw

    I have become skilled in

    advanced methods that I can

    apply to real-life problems inmicro- and macroeconomics.

    On top of that, I am surrounded

    by motivated and intelligent

    students from all over the world!

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    AUDIENCE

    The Masters specialisation in Operations Research

    and Quantitative Logistics is open to students with

    a sound academic training in a quantitative domain,

    such as econometrics, mathematics, physics or

    engineering.

    MISSION

    The Masters specialisation focuses on those areas

    in the transport and logistics sector that require

    strong quantitative skills, where practitioners apply

    academically developed theories. The difference

    with standard logistics or supply chain management

    programmes is that you also learn the ins and outs of

    the models behind decision support systems, which

    gives you a very competitive advantage. The aim is to

    provide high-quality training to enable graduates topursue careers in the logistics and transport sector,

    or to excel in science. Graduates should be able to

    apply existing quantitative techniques and models to

    complex real-world logistic and transport problems.

    Furthermore, graduates must be able to develop and

    apply new models for new problems.

    CURRICULUM

    The Masters specialisation consists of core courses

    and a Masters thesis distributed over several blocks.The curriculum consists of the following courses:

    Advanced Inventory Control and Supply Chain

    Management

    Mathematical Programming

    Case Studies in Inventory Control

    Datamining and Knowledge Discovery

    Advanced Mathematical Programming

    Seminar in Logistics Case Studies

    Production Planning and Scheduling

    Stochastic Models and Optimisation

    The programme is completed with a Masters thesis,

    which can be theoretically-oriented or practically-

    oriented. Practically-oriented theses are usually

    combined with an internship or traineeship.

    CAREER PROSPECTS

    Graduates can easily secure employment in a wide

    range of positions within the logistics / transport

    sector, as well as in related sectors where theirquantitative skills can be applied. In particular,

    the acquired analytical skills give the graduate a

    distinctive advantage over many other graduate

    programmes. This fact is well acknowledged by

    companies, also in starting salaries. Examples of

    companies include ECT container terminals, Schiphol

    Airport, Air France-KLM, Shell, Siemens, Netherlands

    Railways, KPN Telecom, TNT, as well as consultancy

    companies such as CapGemini, Ortec, and TNO

    Research. Former graduates have also been able todevelop international careers, for example at NASA.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the admission requirements

    and application procedure, www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/orql.

    OPERATIONS RESEARCHAND QUANTITATIVELOGISTICS

    ECONOMETRICS AND MANAGEMENT SCIENCE

    Irma Tempelaar

    My dreams come closer

    every day: planning all the

    major processes at Schiphol,a true possibility thanks to the

    master Operations Research

    and Quantitative Logistics.

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    ECONOMICS AND BUSINESS

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    ECONOMETRICS AND MANAGEMENT SCIENCE

    AUDIENCE

    The Masters specialisation in Quantitative Finance

    is aimed at talented and motivated students with

    an interest in studying finance from an econometric

    point of view. Given the quantitative nature of this

    Masters specialisation, students are expected to

    have a strong interest in (and prior knowledge of)statistics, mathematics, and econometrics.

    MISSION

    The Masters specialisation in Quantitative Finance

    aims high-quality training to enable graduates to

    pursue careers in the financial industry, or to excel

    in science. Graduates are able to apply existing

    quantitative techniques and econometric models to

    complex real-world financial problems. Furthermore,

    graduates are trained to develop and apply neweconometric solutions if required.

    CURRICULUM

    The Quantitative Finance Masters specialisation

    consists of core courses and a Masters thesis

    distributed over five blocks of eight weeks each. The

    curriculum consists of the following courses:

    Asset Pricing

    Bayesian Econometrics in Finance

    Financial Case studiesFinancial Derivatives

    Financial Econometrics

    Portfolio Management

    Quantitative Methods in International Finance and

    Macroeconomics

    Quantitative Risk Management

    During the course Financial Case studies small teams

    of students work on an applied research project.

    The topics for these research projects come from thefinancial industry. The programme is completed with

    a Masters thesis, which can be combined with an

    internship.

    CAREER PROSPECTS

    Graduates have excellent career prospects, both

    in the Netherlands and abroad. Despite the recent

    turmoil in financial markets, demand for well-trained

    quantitative financial economists has remained high

    or has even increased. Excellent career opportunitiesexist within banks, asset management firms, hedge

    funds, insurance companies, pension funds, private

    equity houses, consulting firms, and regulatory

    bodies such as central banks.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the application and

    admission procedure visit www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/qf.

    QUANTITATIVE FINANCE

    Mathieu van Roon

    Quantitative Finance has given

    me the toolbox necessary

    to understand not only thecontemporary financial world

    but also to model future

    developments.

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    ECONOMETRICS AND MANAGEMENT SCIENCE

    AUDIENCE

    This Masters specialisation in Quantitative Marketing

    is suited to motivated students with an interest

    in studying marketing from an econometric point

    of view. Given the quantitative nature of this

    programme, students need to have a strong interest

    in, and prior knowledge of, mathematics, statisticsand econometrics.

    MISSION

    The aim of this Masters specialisation is to provide

    high-quality training to enable students to pursue

    successful careers in marketing or science. After

    finishing their Masters, students are able to perform

    quantitative marketing research on their own.

    They are able to develop (new) statistical models

    for practical problems, apply appropriate statisticaltechniques and present the results.

    CURRICULUM

    The Masters specialisation consists of core courses,

    electives and a Masters thesis distributed over several

    blocks. The curriculum consists of the following core

    courses:

    Applied Microeconometrics

    Bayesian Econometrics

    Datamining and Knowledge DiscoveryForecasting in Marketing

    Marketing Case studies

    Multivariate Statistics

    During the course Marketing Case-studies small

    groups of students do an applied research project.

    The programme is completed with a Masters thesis,

    which can be theoretically-oriented or practically-

    oriented. Practically-oriented theses are usually

    combined with an internship or traineeship.

    CAREER PROSPECTS

    Students who have completed the Masters

    specialisation in Quantitative Marketing have

    excellent job prospects. In the short term, students

    become marketing researchers or database analysts

    at companies such as ACNielsen, GfK, KPN and

    Unilever but also at banks and insurance companies.In the longer term, many of these students end up

    as marketing research managers in similar types

    of companies. Some outstanding students choose

    to pursue a PhD degree and become successful

    researchers in academia.

    START, DURATION AND LANGUAGE

    The Masters specialisation starts in September and

    lasts one year (60 ECTS credits). The programme is

    taught in English.

    APPLICATION AND ADMISSION

    For more information on the application and

    admission procedure visit www.ese.eur.nl/master.

    MORE INFORMATION

    For detailed information about this specialisation,

    please visit www.ese.eur.nl/master/qm.

    QUANTITATIVEMARKETING

    Colin Nugteren

    Learn how to use large

    datasets containing

    consumer informationfor marketing decisions.

    It guarantees a good

    preparation for business and

    academic research.

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    RESEARCH MASTERS PROGRAMMES

    Have you successfully completed your Bachelors

    degree and are you considering an academic

    career? Erasmus School of Economics offers many

    opportunities for you to prepare for an academic

    career, for example, in scientific research at the

    university or in industrial research and development.

    Primarily these studies are meant to prepare you for

    an appointment as a PhD student with the aim of

    obtaining a doctors degree.

    The following two Research Masters programmes

    are offered:

    Master of Philosophy in Economics

    Master of Philosophy in Business Research

    RESEARCH MASTERSPROGRAMMES

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    RESEARCH MASTERS PROGRAMMES

    AUDIENCE

    If your ambitions are focused on an academic career

    in economics, econometrics or finance, then the

    two-year Research Master programme offered by the

    Tinbergen Institute is the ideal programme for you.

    MISSIONTinbergen Institute (TI) is the joint graduate school

    in economics of Erasmus University, the University of

    Amsterdam and the VU University. TIs mission is to

    offer a selected group of students a research master

    programme that does not only teach how to carry

    out independent scientific research, but also provides

    an excellent stepping stone to good PhD positions.

    A unique feature of TIs research master programme

    is that it offers students ample opportunity to explore

    their own research interests before they decideabout a topic and the most suitable supervisor for

    their dissertation among the researchers of the three

    participating economics departments.

    CURRICULUM

    The graduate programme at TI consists of one year

    of intensive coursework followed by 6 months of

    specialised coursework. The final examination is

    the MPhil thesis (30 ECTS). The programme offers

    two tracks: economics and econometrics. Some 45specialised courses are offered in the second year in

    the fields of labour economics, regional economics,

    development economics, behavioural economics,

    finance, applied microeconomics, econometrics etc.

    The programmes high standards are guaranteed

    by selecting lecturers from the best researchers

    from three economics departments. In addition,

    internationally renowned experts are invited to serve

    as guest lecturers. The small scale of the Institute

    guarantees a lively atmosphere, where students and

    lecturers easily interact.

    CAREER PROSPECTSTIs programme is an excellent stepping-stone for

    an academic career, starting with a PhD. Alumni of

    TI have taken up influential positions at universities,

    in government ministries, the Dutch Central Bank (De

    Nederlandsche Bank), the World Bank, the IMF, as

    well as in the management of larger enterprises and

    consultancy firms.

    START, DURATION AND LANGUAGE

    The MPhil programme starts in early September andlasts two years (120 ECTS credits). The programme is

    taught in English. Students who perform well in the

    MPhil programme are expected to transfer to a

    fulltime, three-year PhD position.

    ADMISSION REQUIREMENTS

    The MPhil programme is highly selective. No

    more than 40 students are admitted annually to

    the programme. For detailed information on the

    application and admission procedures please consultwww.tinbergen.nl.

    INFORMATION

    www.tinbergen.nl

    E-mail: [email protected]

    MASTER OF PHILOSOPHY

    IN ECONOMICSAT TINBERGEN INSTITUTE

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    RESEARCH MASTERS PROGRAMMES

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    POST-EXPERIENCE MASTERS PROGRAMMES

    If you finished your Bachelors degree some time

    ago, or perhaps even already hold a Masters degree,

    your current job position may require new, practice-

    oriented knowledge, or you may need further

    personal development to enhance your career.

    To serve this permanent learning need of todays

    professionals, the Erasmus School of Economics

    offers the following Post-experience Masters

    programmes:

    Maritime Economics and Logistics

    Urban Management and Development

    POST-EXPERIENCEMASTERS PROGRAMMES

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    POST-EXPERIENCE MASTERS PROGRAMMES

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    POST-EXPERIENCE MASTERS PROGRAMMES

    The Masters programme in Maritime Economics and

    Logistics (MEL) is aimed at transforming promising

    young professionals into tomorrows business and

    governmental leaders.

    The objective is to prepare experts for efficient

    decision-making using modern tools and provide

    them with the ability to evaluate their decisionswithin the context of the complex institutional

    framework of international transport. This

    postgraduate / post-experience course is made up

    of a carefully balanced combination of theory and

    practice, economics and business and operations and

    policy.

    Duration: one year full-time or two years part-time

    Degree: MSc

    Tuition fee: D23.350 (full time)D11.675 (part time)

    Website: www.maritimeeconomics.com

    MARITIME ECONOMICSAND LOGISTICS

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    URBAN MANAGEMENTAND DEVELOPMENT

    The unique feature of the MSc programme in urban

    development and management is the link between

    theory and practice. It addresses the international

    economic, social, physical, managerial and political

    aspects of urban management and development in

    a comprehensive way. Students will receive lectures

    combined with case studies, working groups, bestpractices, discussions, field visits and fieldwork. The

    intensive 12 month master programme includes a

    core period and provides participants the opportunity

    to focus on one of the seven specialisation areas

    within urban development. The programme ends by

    writing a thesis on a topic of their choice.

    SPECIALISATIONS

    Financing Urban Infrastructure

    Housing Development Strategies

    Land Development Strategies

    Urban and Regional Development Strategies

    Urban Environmental Management

    Urban Infrastructure & Energy ManagementUrban Social Development

    Duration: one year full-time

    Degree: Master of Science

    Tuition fee: D10.500

    Website: www.ihs.nl/master

    POST-EXPERIENCE MASTERS PROGRAMMES

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    MASTER OF SCIENCE PROGRAMMES

    ADMISSION

    Our Master of Science programmes are so-called pre-

    experience programmes, meaning that students who

    hold a Bachelors degree, but lack work-experience,

    can apply for these programmes. Applicants forthe Master of Science programmes in Accounting,

    Auditing and Control, Economics and Business, and

    Econometrics and Management Science should hold

    a university Bachelors degree that our Examination

    Board considers equivalent to a Bachelor of Science

    degree from the Erasmus School of Economics.

    Furthermore, general admission requirements include

    proficiency in English. Applicants must demonstrate

    this by means of a TOEFL or IELTS score. The requiredminimum score for computerised based TOEFL test

    is 232 or for the internet based 90. The required

    minimum score for the IELTS test is 6.5.

    You are not required to submit the results of either

    GRE or GMAT. For more detailed information about

    the admission requirements check the table on page

    11 and the programme information in this brochure

    and visit our website.

    APPLICATIONIf you have met or will soon meet all the

    requirements to enter in one of our Master of

    Science programmes, you may proceed with the

    application procedure.

    Detailed information about the application procedure

    and the application deadlines can be found on our

    website: www.ese.eur.nl/master.

    RESEARCH AND POST-EXPERIENCE

    PROGRAMMES

    APPLICATION AND ADMISSION

    Application and admission is arranged by the

    different Research Institutes or departments. For

    further information please visit the websites of the

    concerning programmes.

    APPLICATION ANDADMISSION

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    TUITION FEE AND COST OF LIVING

    The tuition fees for our Masters programmes start

    at D 1.771 per year for EU / EEA nationals, and range

    from D 6.500 to D 22,500 (for the post-experience

    programmes) per year for Non EU / EEA nationals.

    If you need additional financial aid, you should start

    looking for a scholarship well in advance. AlthoughErasmus University Rotterdam does not offer

    scholarships, students can apply for grants from the

    Dutch government:

    www.studyin.nl or www.grantfinder.nl. Local

    governmental agencies and international

    organisations such as the UN and the World Bank

    also offer some grants for study abroad.

    Apart from the tuition fee, you will need a minimum

    annual budget to cover your living expenses. You mustprovide your own financial means, which will amount

    to at least D11.000 per year* (or approximately D900

    per month) for living costs (housing, food, transport,

    medical insurance, books, going out, clothing), and, if

    applicable, the costs of obtaining a visa (D600 through

    accelerated visa procedure) including a temporary

    residence permit*.

    For more information about financing your

    education in the Netherlands visit

    www.ese.eur.nl/master or www.nuffic.nl.

    Tuition fees are subject to change. Please visit our

    website for the latest information.

    VISA / AUTHORISATION OF TEMPORARY

    STAY (MVV)

    Students who plan to stay for a period longer than

    three months are required to obtain an Authorisation

    of Temporary Stay (in Dutch: Machtiging Voorlopig

    Verblijf or MVV). Such a visa is required by allnationals except if you are a national of one of the

    Member States of the European Union, Australia,

    Canada, Iceland, Japan, Monaco, New Zealand,

    Norway, South Korea, Switzerland (including

    Liechtenstein) or the United States of America.

    PRACTICALINFORMATIONIf you are not a national of one of the above-

    mentioned countries, you will need an MVV to enter

    the Netherlands. The MVV costs D600*. Once you

    have been selected and admitted to one of our

    Masters programmes, we can start the accelerated

    visa procedure for you. The accelerated procedure

    will take approximately four to six weeks.

    For more information please visit the ESE website:

    www.ese.eur.nl/accepted/master

    RESIDENCE PERMIT (VTV)

    If you plan to stay in the Netherlands for more than

    three months, you must also apply for a temporary

    Residence Permit (in Dutch: Vergunning tot Verblijf

    or VTV). Not all nationals are required to apply for a

    VTV. Students from the EU Member States, Icelandand Norway are exempted. Nationals of Australia,

    Canada, Japan, Monaco, New Zealand, South Korea,

    Switzerland (including Liechtenstein) and the United

    States of America must apply as soon as possible for

    a VTV.

    If you are required to have an MVV before entering

    the Netherlands based on your nationality (see the

    information above), a VTV will only be issued if you

    have an MVV.

    For more information please visit the ESE website:

    www.ese.eur.nl/accepted/master.

    * Prices may vary for the year 2013-2014.

    WORK

    EU nationals are allowed to work in the Netherlands

    during their studies. Based on their residence

    permits, which read for studying at, Non EUnationals are subject to the restriction that they may

    not reside in the Netherlands for any purpose other

    than study. However, these students are permitted to

    work 10 hours a week or full time in July and August

    during the summer holidays.

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    HEALTH CARE AND MEDICAL

    INSURANCE

    Medical and dental care can be expensive in the

    Netherlands. You will only be granted a residence

    permit if you have adequate health insurance.

    Most national health insurance policies taken

    out within the European Union are valid in theNetherlands. For more information visit

    www.eur.nl/welcome.

    FACILITIES AND STUDENT SERVICES

    During their stay, students have excellent campus

    facilities at their disposal:

    Woudestein Sports centre: a wide range of sports

    activities are offered throughout the academic year.

    From aikido to yoga, from an hour swim to top

    sport. In September, all first-year students can findout about the possibilities free of charge.

    Restaurants

    University Library: extensive collection of books,

    periodicals and other materials, access to electronic

    journals, databases, the Erasmus Data Service

    Centre (digital access to financial databases

    relevant for quantitative research) and the digital

    Erasmus Academic Repository (all research resultsoriginating from Erasmus University of Rotterdam

    available via Internet).