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MSc Econometrics, Operations Research and Actuarial Studies

University of Groningen · Groningen, Netherlands · Master's (postgraduate)

Researched 28 Oct 2026

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Level

Master's

Duration

1 year (60 EC)

Tuition / year

€22,800 (≈ ₹24.2 lakh)

Intakes

September 2027 (apply by 1 May 2027); February 2028 (apply by 15 October 2027)

Course overview

MSc Econometrics, Operations Research and Actuarial Studies is a postgraduate (master's) course in finance & accounting at University of Groningen in Groningen, Netherlands. It takes 1 year (60 EC), with intakes in September 2027 (apply by 1 May 2027); February 2028 (apply by 15 October 2027).

University of Groningen is a public institution, ranked 157 in the world in the QS World University Rankings 2027. Read the full course description, modules and entry rules on the official course page.

Key highlights

Key highlights
UniversityUniversity of Groningen (Public)
LocationGroningen, Netherlands
CourseMSc Econometrics, Operations Research and Actuarial Studies
LevelMaster's (postgraduate)
Subject areaFinance & Accounting
Duration1 year (60 EC)
Tuition per year€22,800 (≈ ₹24.2 lakh)
IntakesSeptember 2027 (apply by 1 May 2027); February 2028 (apply by 15 October 2027)
English requirementIELTS Academic 6.5, PTE Academic 66 or TOEFL iBT 90 (UG level 2; minimum subscores apply)

Interested in MSc Econometrics, Operations Research and Actuarial Studies?A counsellor checks your eligibility and helps you apply, free of charge.

Fees and costs

Tuition for international students is €22,800 a year, about ₹24.2 lakh.

Living costs near the university

Living costs
CostIn EURApprox. in rupees
Room rent (including gas, electricity, water and wi-fi)€350–500per month≈ ₹37,100 – ₹53,000
Food and drink€250–400per month≈ ₹26,500 – ₹42,400
Local travel€35–65per month≈ ₹3,710 – ₹6,890
Total living costsIncludes about €150 a month for clothes, sports and leisure€1,100–1,630per month≈ ₹1.2 lakh – ₹1.7 lakh

Living costs for the Netherlands as a whole: €12,000–16,000 a year. Approximate exchange rates (based on ECB reference rates, March 2026). Actual rates on your payment date will differ.

Plan my monthly living costs

Eligibility

General entry requirements at University of Groningen for master's courses. Some courses ask for more, so check the course page.

  • Each master's programme sets its own academic entry requirements; the Admissions Board checks your bachelor's degree and courses against them.
  • Non-EU applicants must apply by 1 May 2027 for a September 2027 start, or by 15 October 2027 for the February 2028 start offered by many Economics and Business master's.
  • Science and engineering master's are two-year programmes; most Economics and Business master's take one year.

English requirements

For this course: IELTS Academic 6.5, PTE Academic 66 or TOEFL iBT 90 (UG level 2; minimum subscores apply).

English tests accepted
TestWhat the university asks for
IELTS Academic6.0 (level 1, most bachelor's in Economics and Business and Science and Engineering) or 6.5 (level 2, most master's); Law asks for 7.0. Minimum subscores apply.
PTE Academic61 (level 1), 66 (level 2) or 71 (level 3)
TOEFL iBT80 (level 1), 90 (level 2) or 100 (level 3) for tests before 2026; 4.0, 4.5 or 5.0 on the new 2026 scale
Cambridge C1/C2 or Linguaskill169 (level 1), 180 (level 2) or 185 (level 3)
ExemptionPossible after education taught exclusively in English in listed countries such as the UK, US, Canada or Australia. India is not named on the list, so most Indian applicants should plan to take a test.

Need a score? IELTS and PTE coaching is available with us.

Intakes

This course starts in: September 2027 (apply by 1 May 2027); February 2028 (apply by 15 October 2027).

Upcoming intakes and deadlines in the Netherlands

How to apply

  1. Check the entry requirements and the deadline on the official course page.
  2. Take IELTS, PTE or the test the university accepts, if you need one.
  3. Prepare your documents: transcripts, statement of purpose, recommendation letters and CV.
  4. Apply on the university's application portal and pay any application fee.
  5. Accept your offer, meet any conditions and pay the deposit.
  6. Apply for your student visa for the Netherlands, then arrange accommodation.

Documents you'll need

  • Valid passport
  • Class 10 and Class 12 mark sheets (bachelor's) or degree certificate and transcripts (master's)
  • English test result (IELTS, PTE, TOEFL or Cambridge), or a Medium of Instruction letter where you claim an exemption
  • CV and motivation letter where the programme asks for them
  • Course descriptions if the Admissions Board needs to check your maths or subject level

Scholarships

  • NL Scholarship (formerly Holland Scholarship)

    Mainly master's (check the programme list on the page)

    Value: €5,000 in the first year, paid in instalments after arrival; not a full-tuition award

    Non-EEA nationals with an admission offer for an eligible programme, excellent grades, no earlier Dutch degree and a motivation letter. Deadline 1 February.

    Official page
All scholarships for the Netherlands

About University of Groningen

The University of Groningen was founded in 1614 and is one of the oldest universities in the Netherlands. It is a public research university with 11 faculties, about 32,500 students and more than 4,000 PhD candidates. One faculty, Campus Fryslân, is in the city of Leeuwarden.

It is 157th in the QS World University Rankings 2027 and 87th in the THE World University Rankings 2027. It offers around 95 master's programmes, many taught in English, across economics and business, science and engineering, medical sciences, law, arts and the social sciences.

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FAQs

What is the fee for MSc Econometrics, Operations Research and Actuarial Studies at University of Groningen?

The tuition for international students is €22,800 a year (about ₹24.2 lakh). Fees usually rise each year, so check the course page before you apply.

How long is MSc Econometrics, Operations Research and Actuarial Studies?

The course takes 1 year (60 EC).

What English score do I need?

IELTS Academic 6.5, PTE Academic 66 or TOEFL iBT 90 (UG level 2; minimum subscores apply). Some universities also accept Class 12 English marks or other tests; confirm on the course page.

When can I start?

Intakes: September 2027 (apply by 1 May 2027); February 2028 (apply by 15 October 2027). Apply early: popular courses can fill up before the deadline.

Can Admission Mantra help me apply?

Yes. A counsellor checks your eligibility, helps you prepare your documents and statement of purpose, and guides you through the application and visa. The first conversation is free.

We researched this page on 28 Oct 2026 from the university's own pages. Fees, entry rules and intakes change every year; confirm them on the official course page before you apply. Listing a course doesn't mean Admission Mantra represents the university.

  1. University of Groningen: MSc Econometrics, Operations Research and Actuarial Studies (opens in a new tab)
  2. UG: tuition fees master's programmes (opens in a new tab)
  3. UG: tuition fees bachelor's programmes (opens in a new tab)
  4. UG: master's programmes A–Z (opens in a new tab)
  5. UG: language requirements (opens in a new tab)

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