Home
SBE SBE

This outline presents a nominal study plan for students starting their program in academic year 2026-2027.
It is based on the Master Education and Examination Regulations (EER). In case of any discrepancies, the EER is leading!
Over time courses may change their title, the period(s) in which they are offered, or be cancelled.
Please make sure to always do a hard refresh (Shift+Refresh button) on this page so you will see the most recent content.

Master Economic and Financial Research
Specialisation Econometrics and Operations Research 2026-2027

Year 1 Master Economic and Financial Research | Specialisation Econometrics and Operations Research
Year S1 P1 EBC4008 Time Series Analytics EBC4188 Algorithmic Decision Making or Elective or Core Course EBS4044 Computational Research Skills (Research Master) EBS4032 World of Research
P2 EBC4005 Collective Decision Making or EBC4049 Algorithms and Optimisation or EBC4286 Convex Optimisation for Data Science and AI Elective or Core Course
P3    
S2 P4 EBC4006 Panel Data Econometrics or EBC4007 Industrial Economics or EBC4051 Advanced Operations Research Elective or Core Course  
P5 EBC4009 Equilibrium Theory and Financial markets or EBC4010 Empirical Analysis of Financial Market or EBC4187 E&OR Case Competitions Elective or Core Course  
P6      
Year 2 Master Economic and Financial Research | Specialisation Econometrics and Operations Research
Year S1 P1 Elective Elective
P2 Elective Elective
P3 EBS4021 Research Communication Skills  
S2 P4 EMTH0005 Master's Thesis or ETIP0001 Thesis-Internship Programme 1  
P5  
P6 EBS4024 Writing a Referee Report 2

1 Students can not book Master Thesis on their own. Master's Thesis EMTH0005 will be registered by the Education and Exams Office once you have completed the prerequisite skill EBS4021.
The Thesis-Internship Programme ETIP0001 allows for an alternative way to write your thesis at a company.

2 EBS4024 is only available to Research Master students who are missing 2 ECTS or less in their study plan in order to graduate.
Small ECTS deficits may arise if students have taken courses outside UM with different ECTS per course.

For the full text, see Chapter XIV SBE Master’s study programmes from the Master Education and Examination Regulations for academic year 2026-2027.

The Master’s exam for the study programme Research Master of Science in Economic and Financial Research, specialisation Econometrics and Operations Research is composed of four semesters.

The first two semesters of the programme comprise four (4) courses of 6.5 ECTS credits per course, and four (4) elective courses of 6.5 ECTS credits per course, and two (2) compulsory skills trainings of 4.0 ECTS credits per skills training.

The third and fourth semester consists of one (1) compulsory skills training of 4.0 ECTS credits, four (4) elective courses of 6.5 ECTS credits per course: these courses are offered at the SBE, or at selected universities (abroad), and in joint graduate programmes in which the SBE participates, and the Master’s thesis of 30.0 ECTS credits.