Informatics and Econometrics are two-level studies (3-year bachelor program and 2-year MSc. program) of overall duration: 10 semesters (6 + 4). All subjects are taught in Polish. The studies are realized in two forms: as full-time or part-time courses.

The number of the ECTS (European Credit Transfer System) points in the first level of studies is 180 and in the second level studies is 120.

Program

The detailed program of the studies:

• Full-time bachelor program,
• Full-time master program,
• Part-time bachelor program,
• Part-time master program.

Educational Mission

The specialization of Informatics and Econometrics, according to the program requirements, is focused mainly on methods of analysis of the economic phenomena. It belongs to the economical sciences. Students are acquainted with the quantitative methods of economic analysis and software tools and their practical application. The graduate is able to combine the available methods and tools into the integrated computer analysis systems as well as to modify existing systems.

Acquired skills

The graduate has the rudimentary knowledge of the economy, management and finances. He knows methods and mathematical, statistical and econometric tools required for the analysis of the micro- and macro-scale economic phenomena. He is also expected to have the knowledge about the economical informatics, i.e.: the design, programming and deployment of the information systems and the administration of computer networks. Finally, he should be able to make decisions concerning the management of the economic and financial organizations.

The first three years of the Informatics and Econometrics program provide a solid basis for one of four specialties in the second level studies. This basis is a detailed knowledge of logic, mathematics, statistical methods, operational research, numerical methods, theoretical and practical fundamentals of programming, software engineering, operating systems and computer networks. The knowledge also includes fundamentals of economy, econometric modeling, and modern methods of multidimensional analysis of the economical phenomena.

The graduate of the studies will have a good command of mathematical, statistical and econometrical methods and tools required to the advanced analysis of economical phenomena in the micro- and macro-scale. He should also be able to make rational decisions in all possible economical companies and organizations. The expected skills include design and implementation of advanced information systems and databases in economical and administration organizations. The graduate should also be able to run the advanced advisory business and to manifest creativity. Finally, the graduate should be prepared to conduct research and to start the third level (PhD) studies.

Detailed knowledge domains

Studies in the specialization of Informatics and Econometrics are focused mainly on the mathematic, computer science and economics. They allow the students to gain knowledge and skills in the following areas:

• computer programming,
• administration of computer operating systems,
• design of relational databases,
• theoretical fundamentals of the design, implementation and exploitation of information systems,
• local and wide area networks,
• use of mathematical and statistical methods in economy,
• modelling and prediction of economic phenomena using econometric methods,
• computer simulation.

Specialties and specializations in Informatics and Econometrics

According to the Bologna Declaration and the policy of the WarsawUniversity of Life Sciences, the studies in the Informatics and Econometrics specialization have two levels. The first one (bachelor level) lasts for three years, while the second one – lasts two years. The program of studies in the specialization of Informatics and Econometrics assumes that after the first three years of studying the uniform program (bachelor studies), the students will be given an opportunity to select one of the following specialties in the second-level studies:

• Statistics and Econometrics,
• Financial Engineering,
• Investments and Insurances (only full-time studies),
• Information Systems in Management.

The specialty “Statistics and Econometrics” provides various quantitative methods and ability to use them to describe and program the econometric phenomena. The main focus here is on the design of the econometric models and methods of their parameters estimation. They are further used to predict effects and risks related to the decisions being made. For the graduate of this specialty, working with the computer, knowledge of the computer systems, programming skill and design and usage of the databases are essential to the economical and financial analyses.

The specialty “Financial Engineering” focuses mainly on the ideas related to the application of the quantitative methods to the analysis of the financial market and the financial management. The courses topics are: risk, design of the derivative instruments, their assessment and design of the investment strategies.

The specialty „Investments and insurances” delivers a thorough knowledge about financial systems and markets and ability to invest and manage financial resources from the insurance premiums. The specialty prepares specialists in the public insurance system institutions (such as ZUS or KRUS), commercial insurance companies, mutual insurance companies, broker institutions, near-market institutions or other financial institutions in position of Risk Manager. It also allows to attend exams of the Financial Supervision Committee for actuaries and brokers.

The specialty “Information Systems in Management” prepares future programmers, designers and analysts of modern information systems that are used in companies. This specialty is focused on the use of high level programming languages, design and programming of the databases, as well as the design and administration of the computer networks.

Practical training

In the course of studies, at least three-week practical training is scheduled. It must be attended during vacation.

Potential workplaces

Graduates of the Informatics and Econometrics specialization can seek employment at:

• central and local governements,
• centres of the agricultural information for the needs of the agricultural policy of the European Union,
• boards of directors in the companies and organizations working in the food economy sector,
• analysis departments of banks, broker offices, investement funds and fiduciary insurances companies,
• computer companies,
• research and development (R&D) departments.

Finding an interesting job, even during studies, is not a problem for our students.

Requirements for candidates

Candidates for studies in the Informatics and Econometrics specialization should be interested in exact sciences (mathematics and informatics) and economy. Studies in this specialization are interesting, but challenging, requiring systematic approach in learning.