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In the Bachelor's Econometrics and Data Science, you will learn how to apply mathematical and statistical methods to help solve real-world problems in society and business. With this expertise, you will be able to advise organisations on the impact of their strategies and operations, and help them use advanced data analysis to inform decision-making. You will work on practical case studies and gain hands-on experience with professional software tools. After your second year, you will choose one of two specialisations: Econometrics or Data Science.

The programme

The first 2 academic years of the Bachelor's Econometrics and Data Science closely align with the Bachelor's programme in Actuarial Science. This shared foundation ensures a solid grounding in mathematics, statistics, and economics. After the 2nd year, you specialise in either Econometrics or Data Science.

Dutch or English?

If you are a Dutch-speaking student, you can also opt for our Dutch track. Both programmes are identical in terms of level and content. If you’re looking for a smoother transition to a fully English-taught programme, the Dutch track could be the right choice for you.

  • Your study week

    Expanding your knowledge and at the same time developing your skills is key. That is why you will participate in a variety of teaching activities. Most of the courses are evaluated with one or more tests. This is usually a written examination, but it can also be an essay, a report, or a presentation.

    • Lectures (8 hours): Lectures give an introductory overview into the course content. You will attend them together with your fellow students. You will take notes, engage with the material, and have opportunities to ask questions. Additionally, guest lectures from experts working in various economic sectors and organisations will enrich your understanding by offering real-world perspectives.
    • Tutorials (6 hours): You will work in smaller groups to discuss topics from the lectures in more depth. Exercises and practice assignments will help you apply the theory and build your problem-solving skills. Seminars come in 2 forms: plenary sessions and smaller-scale groups where you will work individually or in pairs on more advanced material.
    • Practicals (2 hours): During practicals, you learn how to work with various mathematical and statistical computer programmes.
    • Self-study (20 hours): During your study week, you spend time reviewing theory, revisiting lectures and seminars, and preparing for exams and presentations. This independent study time helps deepen your understanding and develop your academic skills.
    • Skills & Connect: In the first 6 months of your studies, you will receive weekly coaching from a senior student in a small group. This mentor will help you learn to study more effectively and you will work together on your basic mathematics and statistics skills. In the meantime, you will also get to know your fellow students.
    • Exams: At the University of Amsterdam, the academic year is divided into 2 semesters and 6 study blocks. In each block, you take courses that are assessed through exams. Almost all courses have a final exam at the end, and some also have a midterm exam halfway through. The exams are usually written and last 2 to 3 hours. You are generally allowed to use a calculator, and in some cases, a formula sheet. You are asked to solve (quantitative) exercises with pen and paper and to explain your reasoning. You receive partial credit for partially correct answers. If you fail an exam, you will have a chance to take a resit after a few weeks.
  • Year 1: develop a solid foundation and get to know the specialisations

    The 1st  year focuses on developing your fundamental knowledge of mathematics, information science, probability theory, statistics, and economics. You will learn how to apply mathematical and statistical methods to economic topics such as:

    • Macroeconomics: how the economic system functions at a broad level;
    • Microeconomics: how consumers and firms behave in markets;
    • Finance: how businesses are structured and how they make investment decisions.

     In the 2nd half of the 1st year, you will be introduced to the specialisations of both the Bachelor’s in Econometrics and Data Science and the Bachelor’s in Actuarial Science. These programmes share nearly the same curriculum in the first 2 years.

    Hands-on courses:

    • Introduction to Econometrics and Actuarial Science: In this course, you will use mathematical and statistical programming tools such as R and Python to make your first predictions and data analyses.
    • Introduction to Data Science: Learn how to handle large datasets and prepare them for analysis using modern software. You’ll work with data structuring and cleaning techniques and explore compression methods similar to those used in platforms like YouTube, TikTok, and Instagram. The focus is on identifying key characteristics (features) in the data.

    Binding Study Advice (BSA)

    All bachelor’s programmes at the University of Amsterdam are subject to a Binding Study Advice (BSA). For this programme, you need to earn at least 48 out of 60 credits in your 1st year. If you do, you will receive a positive study advice and can continue into the 2nd year.

  • Year 2: extend the foundation

    The 2nd year enhances your mathematical, statistical and research skills.

    • You will start to apply these tools to econometrics and data science.
    • You will take mandatory courses like Mathematical Economics and Econometrics 1&2. The focus here is on making predictions using models that incorporate observed data.
    • In the course Statistical Learning, you will explore various machine learning techniques frequently used in artificial intelligence. By the end of this year, you will understand the fundamental concepts behind automatic email spam filtering, financial fraud detection, and how individuals' creditworthiness is assessed based on various financial and demographic data. You will also examine the ethical implications of such analyses, including how to avoid embedding unwanted discriminatory biases in your data models.
    • In the final course Empirical Project, you will apply all your knowledge from the econometrics courses in a group project. You will assess the reproducibility of past research by, for instance, investigating the causal relationship between a country's economic growth and its colonial past, all through data analysis.

    By the end of year 2, you will be able to conduct independent data analysis projects. You will combine insights from econometrics, statistics, and machine learning to solve complex research questions.

  • Year 3: extend your knowledge and specialise

    In year 3 you construct your own programme in the 1st semester. In the 2nd semester, you will specialise in one of the 2 specialisations.

    1st semester (My semester: customise your programme)

    Your 3rd year is all about exploring your individual academic interests. The 1st semester of this year is all yours to construct. Options include an internship, studying abroad or free-choice electives.

    • Do an internship: work at a company where you can put the experience and skills that you have gained into practice.
    • Study abroad: spend a semester studying at one of our many partner universities to give you an exciting experience.
    • Take a minor programme at the UvA or elsewhere: this gives you a chance to broaden and differentiate your knowledge. Minors that our students often choose, include: Programming, Mathematical Topics, and Macroeconomics.
    • Deepen your knowledge with electives: choose between specialised courses in the area of business and economics to deepen your business knowledge.

    2nd semester: Specialisation

    In the 2nd semester, you will specialise by choosing one of two specialisations:

    1. Econometrics
      If the government increases excise duties to raise the price of petrol, fewer people will use their cars. By modelling such cause-and-effect relationships, econometricians aim to quantify and verify economic statements. Econometric models are widely used to forecast economic trends and to make evidence-based policy recommendations. In this specialisation, you will learn how to develop, interpret, and apply economic models to analyse economic issues and advise on effective solutions. Key courses include:
      • Mathematics Economics 2: How do markets and firms operate within the economy, and what policy tools can the government use to steer market operations?
      • Microeconometrics: Learn to analyse large datasets on individuals and households using modern techniques. What patterns of economic behaviour can be identified? This is an application-oriented course where you integrate knowledge from previous econometrics courses.
         
    2. Data Science
      In the Data Science specialisation, the emphasis is on prediction and automation, rather than interpreting underlying causal relationships. You will work with large-scale datasets and focus on the practical use of machine learning and programming tools. Businesses increasingly rely on data scientists to unlock insights from their massive data collections to improve performance and gain competitive advantages. Machine learning and AI are at the core of this specialisation. Key courses include:
      • Text Retrieval and Mining: How can you apply computer science and machine learning to automate tasks humans perform on collections of texts? For instance, automatically grouping news articles by topic, detecting plagiarism, or identifying sentiment related to an event or brand.
      • Reinforcement Learning: Explore how agents (e.g., algorithms, robots) learn optimal behaviour through interaction and feedback. Applications include automated trading, smart energy systems, robotics, self-driving vehicles, and game AI.
  • Thesis

    There is some coursework in semester 2 of year 3, but a large part will be devoted to conducting and reporting on your own research. Is there a particular recent development that sparks your enthusiasm, or do you have a great idea of your own? Writing your thesis, you have the chance to explore it fully while simultaneously training your ability to independently conduct relevant research.

    Your thesis is the final requirement to be completed for your graduation. Under the supervision of our researchers, you will follow a clearly defined path that will lead to your graduation with a Bachelor's degree.

The courses in your Bachelor's

COURSES SEM 1 SEM 2 SEMESTER 1 SEMESTER 2 EC
  • Macroeconomics for Quantitative Economics
    Period 1
    6

    In this course you learn about important macroeconomic concepts that help analyse how the economy interacts with changes in government purchases, taxes, or money supply. With this knowledge, you will interpret events in macroeconomic history since WWII, especially through illustrations in lecture and tutorial groups.

  • Mathematics 1: Calculus
    Period 1
    6

    This course is an introduction to calculus at the academic level. You learn about basic topics from classical differential calculus and integration theory. The working classes will help you deepen theoretical insights through exercises and further applications.

  • Microeconomics for Quantitative Economics
    Period 2
    6

    In this course you learn to explain basic microeconomic concepts, how to model markets and behaviour, and perform a basic (mathematical) analysis of these. You also search academic sources to write a literature review on a microeconomic topic.

  • Probability Theory and Statistics 1
    Period 2
    6

    This course gives you a solid basis of probability theory and descriptive statistics, which provides you with an indispensable basis for many subsequent courses in the programme. In the lectures you will do theory, in the tutorials exercises with applications.

  • Programming and Numerical Analysis
    Period 3
    6

    This course provides you with a solid basis of computer programming and numerical analysis, both indispensable skills in the fields of Econometrics and Actuarial Science. You develop so-called algorithmic thinking to design algorithms and translate these into computer language (R and Python).

  • Finance for Quantitative Economics
    Period 4
    6

    This course is your introduction into modern finance. Central topics are the assessment and financing of investment projects. You also get acquainted with the fundamental relationship between risk and return by learning about modern portfolio theory and the capital asset pricing model (CAPM).

  • Mathematics 2: Linear Algebra
    Period 4
    6

    This course provides you with a solid basis of linear (matrix) algebra as indispensable knowledge for the remaining study in Econometrics and Actuarial science. You practice the theory through exercises and will also learn how to use computer software (R) to solve larger problems.

  • Introduction Econometrics and Actuarial Science
    Period 5
    6

    This course teaches you the basics of Econometrics and of general topics in the fields of Actuarial Science During computer lab sessions you learn how to implement calculations and will conduct a research project using R.

  • Probability Theory and Statistics 2
    Period 5
    6

    In this course we advance on the single variable distributions and focus on multivariate probabilistic models. You will learn the basics of hypothesis testing. Both approaches are at the core of econometric analysis. R will be used for coding.

  • Introduction Data Science
    Period 6
    6

    This course covers the basics of how and when to perform data preprocessing. This essential step in any machine learning project is when you get your data ready for modelling with help of Python. Also, part of this course is the (preparation of) a presentation of a related scientific subject.

COURSES SEM 1 SEM 2 SEMESTER 1 SEMESTER 2 EC
  • Life Insurance Mathematics
    Period 1
    6

    In this course you learn about the models and calculations used by actuaries for valuing, pricing, and reserving in a life insurance and pension fund context.

  • Mathematics 3: Advanced Linear Algebra
    Period 1
    6

    This course advances on Mathematics 2. You will learn about eigenvalues, orthogonalization, different matrix decompositions and applications in optimisation (quadratic forms). This theory will be valuable for data analysis later. You will use Python for calculations.

  • Mathematics 4: Multivariate Analysis
    Period 2
    6

    Multivariate analysis involves evaluating multiple variables to identify any possible association among them. In this course you learn about several advanced concepts in nonlinear analysis and how to apply them to solve small problems analytically, and large problems numerically (using Python).

  • Probability Theory and Statistics 3
    Period 2
    6

    In this advanced course in mathematical statistics you learn about several convergence notions for distributions and estimators. This is used to derive confidence intervals and statistical tests and their elementary properties. You learn how to derive generalized likelihood ratio tests. R is used for necessary coding.

  • Machine Learning for Quantitative Economics
    Period 3
    6

    The main idea in statistical learning theory is to build a model that can draw conclusions from data and make predictions. In this introductory-level course, you learn about its fundamental issues and challenges and will discuss popular statistical (machine) learning approaches.

  • Econometrics 1
    Period 4
    6

    In this course, you will learn how to set up proper models to quantify the relationship between (economic) variables using tools from linear algebra and mathematical statistics. You explore and learn how to apply the so-called multiple regression model.

  • Mathematical Economics 1
    Period 4
    6

    In this course, you will study determinants of small scale economic environments using a model-based approach. Using multivariate analysis, you will learn about both consumer behaviour (choice and risk attitude) and firm behaviour (types of competition). Special attention goes out to general equilibrium and game theory.

  • Econometrics 2
    Period 5
    6

    In this course, you learn about a number of fundamental concepts that are important for the interpretation of quantitative results. It also provides you with initial techniques and extensions for correct modelling of economic variables.

  • Empirical Project
    Period 6
    6

    During this course, you apply the knowledge you acquired during this bachelor in practice. We discuss scientific articles and the underlying theory, and critically evaluate assumptions and techniques. You work on a group research project, with individual presentation of the results.

  • Restricted-choice electives
    Period 5
    6

    You can choose between two electives: Risk Theory or Mathematical and Empirical Finance.

COURSES SEM 1 SEM 2 SEMESTER 1 SEMESTER 2 EC
  • Free-choice electives: Minor's programme/Studying abroad/Company Internship/Electives
    Period 1
    Period 2
    Period 3
    30

    In the 1st semester you can choose from several options: Minor programme, or Studying abroad, or Company Internship in combination with Electives, or Electives.

  • Specialisation Data Science: Text Retrieval and Mining
    Period 4
    6
  • Specialisation Data Science: Time Series Analysis
    Period 4
    6

    Time series analysis covers methods for analysing and forecasting data with temporal patterns. Topics in this course include time series models, seasonality, trend detection, and statistical techniques. We also explore practical applications in both finance and economics.

  • Specialisation Data Science: Reinforcement Learning
    Period 5
    6

    Reinforcement learning is an autonomous, self-teaching system that helps determine if an algorithm is producing a correct right answer or a reward indicating it was a good decision. In this introductory-level course we discuss different models (dynamical programming, SARSA and Q-learning models) and apply them using software (like Python).

  • Specialisation Econometrics: Mathematical Economics 2
    Period 4
    6

    You will familiarise yourself with advanced model-based concepts of industrial organisation. You will study for market structure and behaviour and the role of competition policy, using game theoretic concepts. Some keywords are: Cournot, Bertrand and Stackelberg competition, anticompetitive behaviour, mergers, tacit collusion, repeated games.

  • Specialisation Econometrics: Time Series Analysis
    Period 4
    6

    Time series analysis covers methods for analysing and forecasting data with temporal patterns. Topics in this course include time series models, seasonality, trend detection, and statistical techniques. We also explore practical applications in both finance and economics.

  • Specialisation Econometrics: Microeconometrics
    Period 5
    6
  • Bachelor's Thesis Seminar
    Period 5
    Period 6
    12

    Is there a recent development or business idea that sparks your enthusiasm? While writing your thesis, you have the chance to explore it while simultaneously training your ability to independently conduct relevant and valuable research.

Compulsory course
Elective
Specialisation

Do you want to know more about the courses?

The course catalogue provides detailed information for each course, including content, assessment methods and recommended literature.

Hi, I'm Camiel! I'm a Bachelor’s student in Econometrics and Data Science from the Netherlands. Got questions about studying at the UvA? Get in touch. Chat with Camiel
Additional options during your studies
  • Dutch or English

    This Bachelor’s offers a Dutch and an English track. If you are a Dutch-speaking student, you can choose to follow our Dutch track. Both tracks are identical in terms of level and content.

    Dutch track

    In the Dutch track, tutorials and some lectures will be conducted in Dutch. You will also complete assignments and exams in Dutch. Each year, the amount of English used in the programme gradually increases, ensuring you a smooth transition to a fully English-taught programme. The Dutch track can be a good choice if you want some time to adjust to the English language and prefer a gradual transition to a fully English-language programme.

    English track

    If you opt for the English track, all courses are in English. From year 1 you will study with both Dutch students and students from around the world. This creates a diverse and international classroom.

  • Student coaching

    The transition from secondary school to university can be a major step. For this reason, you will receive intensive academic counselling as a 1st year student. You can also count on individual support during the rest of your studies.

  • Minors and electives

    The UvA offers a variety of minors and a wide selection of elective courses that you can undertake during your university years to broaden or deepen your knowledge.

  • Honours programme

    If you are ambitious, you can choose to take part in our Honours programme. You take the Honours programme alongside your regular studies. Completion results in you graduating 'with honours': an internationally recognised qualification.

  • Internships

    During your Bachelor's programme, you could put your knowledge into practice by means of a work placement.

  • Studying a semester abroad

    Studying abroad allows you to get to know a different culture, language and country, and we strongly recommend you take advantage of this opportunity. We have made agreements with over 100 universities abroad, enabling you to study there for a semester.

  • Dutch language course

    Are you interested in learning Dutch? There are different options to give you the opportunity to maximise your Dutch experience and prepare for your future job in the Netherlands.

  • Study associations

    Many of our students are members of a study association. It is fun and useful for your future career at the same time. Faculty student associations are a great way to meet fellow students and future employers. They organise study trips (abroad), career events, weekly debates, parties, and receptions with drinks.

    The VSAE is the primary study association for the ‘quant' within the economics department, i.e., students Econometrics and Data Science, Actuarial Science and Business Analytics. Through a membership you can purchase your textbooks and course syllabi at reduced rates. But there are other associations as well.

  • Student associations

    Amsterdam has a thriving student community with many activities organised outside of the university’s grounds. You will find student associations focusing on networking, specific interests and sports. It is only at sororities and fraternities that you can expect an initiation ritual (hazing).

  • Student participation

    At university, you are entitled to make your voice heard and assess the quality of your own education. Students can participate in the discussion on the university's education policy in various ways, such as by joining the Programme Committee, the Faculty Student Council or the student panel. You can also stand for election and dedicate your efforts to the programme and your fellow students.

Experience the study

Real-life case: battling hunger and poverty with data

Thanks to satellite imagery, we can now estimate crop yields based on weather patterns and vegetation growth. Machine learning models help transform raw images into usable data that would otherwise be difficult or expensive to collect. These tools allow NGOs like the World Food Programme (WFP) to identify regions most at risk of food shortages and poverty, ensuring that aid is targeted where it's needed most.

During the second year of your Bachelor’s programme, you will learn how to extract meaningful features from various data sources and how to use these for reliable prediction and estimation. This empowers you to contribute to data-driven solutions for global development and humanitarian efforts.

Responsibility, sustainability and ethics integrated to the curriculum

 This Bachelor’s programme equips you with the mathematical and statistical tools to analyse risk and make data-driven decisions for societal and economic challenges. Increasingly, social and ethical issues take centre stage in these applications.

Throughout the programme, you will address important questions such as:

  • Sustainability
    How many people would choose eco-friendlier travel if fuel excise taxes increased? How can we use data to assess which climate-related damages are insurable, and at what premium?
  • Ethical Data Use
    As data scientists often work with sensitive information, you will learn how to deal with privacy concerns and avoid biases in your analysis. For example, you will study how to preprocess data so that ethically sensitive variables, such as ethnic background, do not affect the outcome of your models.

By integrating topics like climate risk, social justice, and fairness, the programme ensures you are not only technically skilled, but also socially responsible.

How are these themes integrated into the curriculum?
  • Year 1

    Sustainability, ethics, and corporate social responsibility are introduced right from the 1st year in courses like Introduction to Econometrics and Actuarial Science, and Introduction to Data Science. In Mathematical Economics 1, you will encounter issues related to the distribution of resources in the economy. In Econometrics 1 & 2 and the Empirical Project, you will explore research in these themes. In the elective course International Partnerships for Local Global Challenges, in the first semester of the 3d year, you will take on the challenge of working with students abroad to address a societal issue, with a particular focus on these themes.

  • Year 2

    In the 2nd year course Introduction to Machine Learning, you will  learn how to mitigate unwanted biases in your research design. Climate change has become more of a concern for insurance companies, as policyholders face more frequent and severe damages due to extreme weather events. You will delve deeper into this in the course Risk Theory, where you'll explore whether risks can be insured and, if so, what premiums insurers should charge to continue covering the damages.

Throughout this 3-year bachelor's programme, you will directly apply the knowledge gained during your studies to current problems and real-life business cases, which often revolve around these themes.

Liselotte Siteur, student Econometrics and Data Science
Copyright: UvA / Economie en Bedrijfskunde
Data analysis, programming and statistics suit me down to the ground. It's like doing extremely advanced puzzles. You can get stuck sometimes, but once I find that solution, I'm over the moon. Liselotte Siteur, student Econometrics and Data Science Read about Liselotte's experiences with this Bachelor's
Frequently asked questions
  • Do you need to excel in mathematics before you start with Econometrics and Data Science?

    This Bachelor’s programmes is very focused on mathematics. Therefore, it is an advantage if mathematics is one of your favourite subjects and you excel in it. If you want to know which level of maths required, please have a look at the entry requirements.

  • Do you need programming skills before you start with Econometrics and Data Science?

    You don't need any programming skills before you start Econometrics and Data Science or Actuarial Science. You will learn everything you need to know in terms of programming during the Bachelor's.

  • The Bachelor's programme is also offered in Dutch. Is there any difference in the English and Dutch taught programmes?

    No, both tracks are identical in terms of level and content. If you choose the English track, you will study alongside Dutch students and students from around the world. All courses will be taught in English. If you find the transition to a fully English-language programme a bit challenging, the Dutch track might be a better fit for you. In the Dutch track, tutorials and some lectures will be conducted in Dutch. You will also complete assignments and exams in Dutch. Each year, the amount of English used in the programme gradually increases, ensuring you a smooth transition to a fully English-taught programme.

    Overview of the Dutch track:

    • Year 1: All lectures, tutorials, assignments and exams are in Dutch.
    • Year 2: Lectures will be in English, tutorials and exams in Dutch.
    • Year 3: All lectures and tutorials are in English. You can write your thesis in Dutch.
       
  • What is the difference between Econometrics and Data Science and Actuarial Science?

    In both Econometrics and Data Science and Actuarial Science, mathematics, statistics, and economics have focus. Econometrics and Data Science is concerned with analysing and making sense of economic relationships from a broader perspective. The goal is to help organisations in making better business and policy decisions. Actuarial Science is more about understanding and managing financial risks, especially in insurance and finance.

  • What is the difference between the Bachelors Econometrics and Data Science and Business Analytics?

    The difference is that Business Analytics is data-driven and Econometrics and Data Science are more theory-driven. Econometrics and Data Science students develop econometric models, apply them to micro- and macroeconomic issues and analyse their impact on economic policy. In the Bachelor's degree in Business Analytics, students use data from AI/machine learning techniques to solve complex business-related problems.

  • Can you switch between the Bachelor's programmes in Actuarial Science and Econometrics and Data Science after the first 2 years?

    The first 2 years of the programmes are nearly identical. Therefore, it is possible to switch between the two programmes until the end of the 2nd year. Depending on the time of your switch, you may need to take an extra course to comply with the requirements of your new programme.

  • Will you be mentored during your studies?

    To make the transition from secondary school to university as easy as possible, you will receive extra guidance in the 1st year and will be assigned a tutor. This tutor will introduce you to both the campus and the city of Amsterdam, so you will quickly feel at home. This senior student will also give you tips on how to study smart and you can discuss your study goals and progress. Also during the rest of your studies you can count on support from our study advisers, mentors, tutors and our Economics and Business Career Centre. You can contact our experienced student advisers for questions about your Bachelor's programme, study planning or personal circumstances that may affect your studies.