The mission of the econometric institute is to give students a high quality educational programme leading to the doctorandus (master's) degree in econometrics and to enable the staff to do fundamental and applied research in econometrics.

The two components of the mission are strongly connected. On the one hand during workshop courses students are introduced to and take part in research projects supervised by the staff. They can also take part in special applied research projects with companies, the government, international agencies, and foreign universities. On the other hand staff members of the econometric institute introduce the results of recent research very quickly in the senior level courses. This holds in particular for the developments in the fields of financing, logistics, and marketing. Also, recent developments in economic theory and econometrics like auction processes and simulation techniques are studied. Within the teaching programme there is much attention spent on learning quantitative economic analysis by an intensive training project of (applied) mathematics and statistics in small work groups supervised by staff and senior students.