I am a third year student in Europe at one of the “top” universities for finance/economics (at least according to rankings, idk how true that is irl). I’m graduating this year with a degree in economics/management and I need some advice on what master’s would be best.
My goal is to work as an Economics Research Analyst, more on the macro side, ideally at a bank / HF / consulting firm. I’m not really interested in trading.
Right now I have an offer from Erasmus for their pre-master in Econometrics (1 year, then direct entry into the master), and I’m waiting for responses from WU Vienna and Warwick for their economics master.
My main concern with econometrics is that it might be too focused on programming / technical stuff and not enough on economic theory. That wouldn’t necessarily be a dealbreaker since I could study theory on my own, but idk if that’s the right approach.
At the same time, I could still apply to programs like LMU or BSE for more economics-focused degrees since they don’t require the GRE.
Given my career goals, what would you suggest: going into econometrics at Erasmus, doing my thesis on something macro related(I can also attach the curriculum), or choosing a more economics-focused degree?
Courses at Erasmus:
Panel Data Econometrics – Analyzing panel data, with both cross sectional and time dimensions
Bayesian Econometrics – Bayesian vs frequentist approach, Simulation methods
Machine Learning in Econometrics – Tree-based methods, Ensembles, Advanced neural network architectures
Time Series Econometrics for Macroeconomics – State space models; Regime-switching models, SVARs; Structural breaks and forecasting
Robust Statistical Methods – Techniques for avoiding impact of aberrant observations; (generalized) linear model; quantiles; covariance matrix;
Probabilistic Modeling – Choice models; mixture models' clustering
Causal Inference – Treatment effects, econometric methods; machine learning
What master would be best?
byu/Asleep-Mammoth4990 inAskEconomics
Posted by Asleep-Mammoth4990