Master's in Business Analytics & Econometrics – Master of Science Master's in Business Analytics & Econometrics –
University of Cologne
Program Overview
Data analytics, digital innovation and big data are crucial developments for the upcoming challenges in all business and economic areas. This programme offers a unique blend of traditional analytics (e.g. statistics, econometrics, optimisation, simulation) and modern analytical approaches (e.g. machine learning and artificial intelligence using R and Python) and merges these approaches with the teaching of groundbreaking knowledge in the areas of economics, management, and entrepreneurship. This programme provides you with: fundamental analytics and technology skills groundbreaking knowledge and the mindset for a successful career in data analytics for business and economics vital skills for starting and managing a business in the digital age and resolving complex issues in today’s organisations an ability to gather, manage, and analyse (big) data as well as to visualise, present, and use insights gained from the data Preparing you for future challenges We believe in the right balance between sound theoretical foundations and practical relevance in a close interaction between the fields of business, analytical methods, and digital technologies. The programme therefore focuses on: modern technologies and digitalisation (e.g. big data, digital innovation, digital transformation, digital business strategy, and digital entrepreneurship) the latest tools and methods in data analysis (e.g. machine learning and AI or methods from econometrics as well as Bayesian data analysis) tackling challenges arising from digitalisation (e.g. data privacy and security, algorithm ethics) As a highlight of the curriculum, the Capstone Project brings you together with corporate/public partners to solve real-world business, economic and societal problems. Over a period of one semester, you will work as a team using cutting-edge approaches to data analytics in order to solve these problems, all while interacting within your team and with your partner organisation.
EURFinancials
Financials
INFOIntakes and Duration
Intakes and Duration
Intake Season
Winter (October)
Duration
4 semesters
COCareer Outcomes
Career Outcomes
You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.
EURSalary Outlook
Salary Outlook
Typical range
€60,000 – €100,000 per year
Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.
LANGLanguage & Exams
Language & Exams
Teaching Language
English
Proof of proficiency in English at level B2 CEFR
REQRequirements
Requirements
Academic Admission
Bachelor's GPA of at least 2.5 (German grade) at least 30 ECTS in the fields of Business Administration and/or Economics at least 24 ECTS in the fields of Statistics and/or Mathematics and/or Information Systems and/or Informatics or at least 48 ECTS in the fields of Statistics and/or Mathematics and/or Information Systems and/or Informatics Please find detailed requirements here .
APS Certificate
An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.
IELTS Score
Not specified
Application Deadline
Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.
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