Let a team of minor Applied Econometrics students work on your data-driven case.
The Practical Case Study is the last course of the Minor “Applied Econometrics: A Big Data Experience for All” and is operated by the Department of Econometrics and Data Science of the School of Business and Economics at Vrije Universiteit Amsterdam. In January 2025, our students will work in groups full-time on cases which are offered by our partners in business and academia.
✅ Key features of the challenge
Program: Minor Applied Econometrics: A Big Data Experience for All
Course: Practical Case Study: Real-life Modelling in Econometrics and Data Science
Students per team: 4 students, it is possible to have multiple groups working on the case (either on the same case or on several versions)
No. of hours spent per team: 640 hours
Duration: January 2025
Supervision: Student teams are supervised and guided by university teachers and company local supervisors
Deliverables: Presentation and report
Company time investment: 8-12 hours in total (mandatory kick-off meeting in first week, optional support in subsequent weeks)
Costs: none
📑 Challenge Examples
The case is typically based on a specific task for which (large) data sets need to be analysed and hypotheses need to be empirically investigated. The data set should be easily accessible to the students such that that they can start with the data analysis and econometric modelling immediately at the start of January 2025. Examples of previous editions:
Forecasting individual customers' demand
Cross-validation in macro-economic forecasting
Drivers and policy reactions of current inflation
Impact of transition risk into value creation chain and final customer financial situation
Studying variation in grade retention at the municipal level
Evaluating the effects of infrastructural elements on safety
Climate change and economic policy
🏢 Company requirement
none
💰 Costs
none
📨 How to apply
You can submit the challenge directly through the website. Provide a title that summarises the challenge. Subsequently, briefly elaborate on your challenge. See link for a template you could use: https://link.masterchallenge.me/challenge-template or use the challenge generator: https://masterchallenge.me/challenge-generator
🗓 Planning
Early November 2024: Deadline for submitting your challenge (in the form of a case description)
Mid November 2024: Receiving message if your challenge is approved by the course coordinator
Early December 204: Send data, possibly with NDA, and kick-off details
Mid December 2024: Be informed of match(es) and receive contact details from course coordinator
Week of January 6, 2025: Kick-off meeting with your team
Throughout January 2025: Optional support
Wednesday January 29, 2025: Final presentations
n/a