Masters

Master's in Business Analytics & Econometrics – Master of Science Master's in Business Analytics & Econometrics –

University of Cologne

Köln, Germany

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.

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EUR

Financials

Tuition FeesNone
Living Expenses11904 euros (living expense) plus semester contribution
Note: This programme appears tuition-free, but students should still budget for the semester contribution and living expenses.
INFO

Intakes and Duration

Intake Season

Winter (October)

Duration

4 semesters

CO

Career Outcomes

Management ConsultantBusiness AnalystOperations ManagerProject ManagerStrategy ConsultantOperations ManagerSupply Chain AnalystLogistics Manager

You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.

EUR

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.

LANG

Language & Exams

Teaching Language

English

Proof of proficiency in English at level B2 CEFR

IELTS not requiredNo extra certification required
REQ

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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