In the Data Science and Business Analytics track your focus is on analysis of the large amounts of data that organisations collect through the internet and social media. This track is 1 of 4 tracks you can opt for in our Master's in Econometrics.
Learn how to interpret large amounts of (un)structured data and make predictions that help business and government shape their strategies and economic policies. You will unravel and interpret relations among the petabytes of complex data, generated every day by social media and the internet in general.
The Data Science and Business Analytics track of the Master’s in Econometrics programme is designed with the help of leading big data companies. This way, we make sure that today’s data science developments connect with the econometrics curriculum.
In this course you will learn to understand machine learning theory and apply your newly gained knowledge on large real-life datasets in computer lab sessions. You will be using software in Python.
Choose 1 out of 2 electives:
Choose 1 elective in data science (5EC) from an avato complete the programme. You can choose any other course on Data Science, Big Data or Business Analytics if approved by the programme director.
In this course you will discuss about 8 recent empirical papers that apply microeconometric estimation techniques. These papers usually concern issues like individual choice behaviour in the labour and consumer markets. You will apply the techniques during the computer lab sessions with MatLab or R.
In this course you learn about quantitative models for automated online marketing with large amounts of data. The topics we cover are today’s hot topics in automated online marketing. We discuss how techniques from statistics, econometrics, machine learning and OR are used for these real-world topics.
One of the most essential problems in air traffic is delays of flights. They have important negative consequences in terms of costs, passenger demand, fares and airline reputation. Employ supervised machine learning techniques to predict the value of arrival delay in minutes. Combine historical flight details, weather conditions and aircraft characteristics of departing and arriving flights to define a unique set of features.
Data Science and Business Analytics is one of 4 tracks you can opt for in our MSc Econometrics. If you are more interested in another field of econometrics, read the info on one or more of the other tracks.